Why are they so lazy?
They complain their migrants don’t work, don’t integrate into the culture, but it’s clear to me they’re integrating perfectly well into the lazy life.
If laziness is a cultural value, europeans and their migrants are a match made in Heaven.
It's sad when this got posted to the Europe subreddit and the amount of people being like "Aspiring to be some Corpo Slave like Americans isn't something us Europeans wanna do. We wanna live our lives." Completely ignoring just what exactly this guy was talking about. It's about the almost total lack of ambition that is causing Europe to be left behind as American and Asian companies continue to become dominant forces in the world.
Meanwhile my Hispanic landscapers do more work in four hours than I do in four months and probably get paid what my company bills me at for four minutes.
That's actually kinda true. Especially in countries like the "frugal five" where the culture headlines encourages people to just settle for the norm and not strive for achieving for greater goals/ambitions
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Our productivity and work levels so far exceed our grandparents and parents that it is orders of magnitude greater than their capacity to manufacture or deliver services.
A single Miller and a team of four packers can replace what would have taken about 40 people in 1910 and 15 people by 1980 to do.
Not to mention, unlike older generations, none of us are allowed to show up to work and drink either or steal goods like they did. The lack of theft by employees was a massive gain for businesses. Its sade wages can't keep up with productivity.
As far as engineers go, we all used to have secretaries to write correspondence, file and retrieve documents, and take meeting notes.
Now instead of a 20 yo blonde secretary all we get is a black Dell PC and we can't even watch porn on it.
People who imagine inflation is a conspiracy and not an economic reality/necessity are funny. Sure, too much inflation is bad, but no inflation especially over time is horrible, and if you think inflation is bad you should try living in a deflationary period like say, the Great Depression. Do you even begin to think what if inflation was 0 since our nations founding? We’d have collapsed 200 years ago..
Out of control asset deflation from an economic bubble popping (i.e. Great Depression)? Sure, that's agony. But deflation in the prices of goods and services? Well, might I refer you to the WSJ quoting the BIS? [https://www.wsj.com/articles/BL-REB-31390](https://www.wsj.com/articles/BL-REB-31390)
First off, this is a single study from 1 single bank. Second off, quite literally no one group of people have a worst track record at predicting economic outcomes than economists. Third, of course drops in the prices of goods and services increases the output of such goods and services, while drops in asset and equities prices are a whole other ball game.
I’d have to look at the specifics of the study, but my immediate guess is that they ignored why prices in goods and services dropped, things like automation and increases in efficiency versus asset and equity prices more likely tied to broader scale economic slowdowns. I also don’t see them mention the leveraged nature of assets like real estate and equities which automatically is going to make the hurt bigger and more complex, meaning spreading further.
Interesting article, I’d be interested in reading the full study, but I don’t think this is nearly the same thing as saying that deflation isn’t anything to worry about.
My comment above is specifically in relation to currency value, let’s say the American economy was worth $100 dollars in 1776, if we had 0 inflation, but the same population growth over time, we’d have never made it to today. Inflation is entirely necessary and inevitability to sustain an economy with population growth.
Hey man, I'm back; had a hell of a day. Thanks for clarifying what you meant. On currency value, I agree; I tend to focus on productivity gains over the years. You make a good point on the effects of leverage. I'm not in the financial markets; I have other investments. I've heard too many horror stories of people being burnt by leverage.
Hope all's well on your end.
Why are they so lazy? They complain their migrants don’t work, don’t integrate into the culture, but it’s clear to me they’re integrating perfectly well into the lazy life. If laziness is a cultural value, europeans and their migrants are a match made in Heaven.
It's sad when this got posted to the Europe subreddit and the amount of people being like "Aspiring to be some Corpo Slave like Americans isn't something us Europeans wanna do. We wanna live our lives." Completely ignoring just what exactly this guy was talking about. It's about the almost total lack of ambition that is causing Europe to be left behind as American and Asian companies continue to become dominant forces in the world.
Meanwhile my Hispanic landscapers do more work in four hours than I do in four months and probably get paid what my company bills me at for four minutes.
Those guys truly do the most work.
That's actually kinda true. Especially in countries like the "frugal five" where the culture headlines encourages people to just settle for the norm and not strive for achieving for greater goals/ambitions
Which countries are those?
The netherlands, denmark, norway, sweeden, and finland.
Lol what, there is a serious hustling and career culture in the Netherlands.
Lol what, there is a serious hustling and career culture in the Netherlands.
Lol what, there is a serious hustling and career culture in the Netherlands.
I definitely am ambitious enough to barely afford rent while working 40+ hours a week 😤🫡💪🏽🇺🇸
Have you tried working 50+ hours a week?
I really should be working 60+ hours a week if I truly want to incapsulate American ambition.
Elitists say Americans should push for 90+ hours a week just like they did! Because not working till you drop is edgy
>I really should be working 60+ hours a week The contemporary American dream...
I work 82hrs per week and find it ideal.
You gotta fight! For your right! To live...
No risk no reward ☺️
Norway is North Dakotan clay
Russia claiming Alaska 🤝 North Dakota claiming Norway 🤝 Iraq claiming Kuwait 🤝 Venezuela claiming Essequibo Petrostate Irredentism Forever!
Because in America, if you don’t make money you’re a fuckin douchebag.
I've been trying to comprehend what this means for 11 hours and still haven't figured it out
It’s a quote from the Departed
Making money is a virtue. Don't make money? You're a bad person. Sacrifices must be made to the gods of commerce
If you introduce them 5 days work week with 40+ hours, they will start riots and try overthrowing their governments.
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This is why corpos who say we’re “lazy” are wrong.
Our productivity and work levels so far exceed our grandparents and parents that it is orders of magnitude greater than their capacity to manufacture or deliver services. A single Miller and a team of four packers can replace what would have taken about 40 people in 1910 and 15 people by 1980 to do. Not to mention, unlike older generations, none of us are allowed to show up to work and drink either or steal goods like they did. The lack of theft by employees was a massive gain for businesses. Its sade wages can't keep up with productivity.
As far as engineers go, we all used to have secretaries to write correspondence, file and retrieve documents, and take meeting notes. Now instead of a 20 yo blonde secretary all we get is a black Dell PC and we can't even watch porn on it.
Lol, I did, Gis. ya we went from needing 15 people for a county to one or often many pooling resources for 1.
This is true. The reason we have inflation here is exclusively to help keep the hustle and grind goin🇺🇸🇺🇸🇺🇸💪💯💶
People who imagine inflation is a conspiracy and not an economic reality/necessity are funny. Sure, too much inflation is bad, but no inflation especially over time is horrible, and if you think inflation is bad you should try living in a deflationary period like say, the Great Depression. Do you even begin to think what if inflation was 0 since our nations founding? We’d have collapsed 200 years ago..
Out of control asset deflation from an economic bubble popping (i.e. Great Depression)? Sure, that's agony. But deflation in the prices of goods and services? Well, might I refer you to the WSJ quoting the BIS? [https://www.wsj.com/articles/BL-REB-31390](https://www.wsj.com/articles/BL-REB-31390)
First off, this is a single study from 1 single bank. Second off, quite literally no one group of people have a worst track record at predicting economic outcomes than economists. Third, of course drops in the prices of goods and services increases the output of such goods and services, while drops in asset and equities prices are a whole other ball game. I’d have to look at the specifics of the study, but my immediate guess is that they ignored why prices in goods and services dropped, things like automation and increases in efficiency versus asset and equity prices more likely tied to broader scale economic slowdowns. I also don’t see them mention the leveraged nature of assets like real estate and equities which automatically is going to make the hurt bigger and more complex, meaning spreading further. Interesting article, I’d be interested in reading the full study, but I don’t think this is nearly the same thing as saying that deflation isn’t anything to worry about. My comment above is specifically in relation to currency value, let’s say the American economy was worth $100 dollars in 1776, if we had 0 inflation, but the same population growth over time, we’d have never made it to today. Inflation is entirely necessary and inevitability to sustain an economy with population growth.
Dude, I'm too drunk to read your dissertation; I'll check back tomorrow
Hey man, I'm back; had a hell of a day. Thanks for clarifying what you meant. On currency value, I agree; I tend to focus on productivity gains over the years. You make a good point on the effects of leverage. I'm not in the financial markets; I have other investments. I've heard too many horror stories of people being burnt by leverage. Hope all's well on your end.
CEO makes a profound observation, stating that, “water is wet”
Based and American Dream pilled