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I used to go to UK for business, and always felt poor since everything is so out of reach there with all those taxes and VAT. I still have not figured out what it is that those folks in UK produce anymore other than financials and insurance and brokers. SHTF happening now in UK.

Switzerland is good at nothing. They just allow all the bad people who steal from poor to hide their money. ewwwwww

I think you nailed it. But it is also relative and the bar had gone up to be successful. Government jobs are great if you can get one, the best risk reward ratio. "Oh it is going to turn around", I have heard many people say that in the last 2 years, and I have kept telling them no, it is a...

I think the La La days are over. I had a limo driver tell me that he was making 350K a year fixinf appliances for a major retail chain. He blew all that money and bought his kids anything at all that they wanted. Now he works for 20 an hour, if that. I had a plumber come to my home and...

I think the world needs to get a taste of China as the super power, then and only then they will realize how good the Americans really are. It is my tax money that goes to get rid of tyrant rulers and then the Chinese move in to get the oil rights, now that is swell.

Americans are overly cuddled, and their biggest worry for the past many decades has been what their celebrities will wear for Oscars. Time to face the reality will come sooner or later. If the radiation hits the west coast, I wonder what will happen to Japan and South East Asia.

They raised taxes in IL from 3 to 5% and nothing happened. I am so tired of paying taxes and getting nothing much in return. Let us see where our money goes. Joe 6 pack makes 100K Joe puts aside 15K in 401K. Of the 85K, he pays 4K in state tax and say 16K in federal tax. That leaves him...

I don't think people understand. There are a lot of people moving from productive to unproductive jobs (I believe most people want to be productive), and just to maintain the GDP, we need more government spending for the very reason I mentioned above. I live in ILLINOIS and I know how it...

Not sure if the brilliant policy makers understand that. A friend of mine told me that his parents are teachers and they are retired and that they get 180K in pension between the 2 of them (this is what I was told by him, so, not sure how accurate it is) and that hey spend most of their time...

very well said. I see 3 pictures, before the peak, at the peak and after the peak. US is after the peak and it peaked I think in 1999. BRIC nations are before the peak now and they will not see the same kind of peak that the US saw for many reasons. They have 0 innovation and the resources...

I think the great state of Illinois (Democratic state) is showing the world how to handle debt. Simply increase the tax by 75% and spend the money like there is no tomorrow. I just do not see how come California, NJ, NY, MI, (all democratic states) cannot simply double their taxes and just...

I work with IT, I clearly see less demand for talent than even in 2009-10. Its getting worse actually. It is not too hard to get a job in IT, but the days of demanding a good pay are gone for good I believe. The outsourcing will continue until the $ falls enough and oil goes up enough that...

do not sensationalize news unnecessarily. This is only for the short term until they decide on the currency.

I never understood the concept of pension. People are born as kids and they are taken care of by parents. They start working and save and invest, and these savings ought to be there for them when they retire. Simple as that. Why do we have governments and employers meddling in this affair...

I have mixed feelings about jobs. I was looking for a painter to paint my house. Ironically, the lowest anyone wants to go is $35 an hour (I mean real painters with experience). Most want around 40+. Now, just about anyone can paint with a few hours of training. These same people then...

You are right about the endangered species. The city has a lot of young fabulous and broke people, but these city folks do not have much debt. It is the people in suburbs that are screwed, they have mortgages, car payments, credit card payments, school expenses, college expenses, rising...

You are right on, but Businesses closing is an overstatement, there is some truth to it, but there were too many businesses to start with. Do I want to live in Chicago, no way, but its not a bad place to hang out.

Google in my opinion is getting irrelevant. I go there and 9 out of 10 times, all it does is it take me to wikipedia, amazon, etc.

I do not work for the government and I do not envy them. Having said that, the kind of work force that works for the government is very different from the private sector. Most highly qualified people do not join the government sector, as in computing, engineering, research, medicine etc...

Online is great for buying electronics and some hard to get food items, and books, small appliances. 1. Never ever ever buy furniture online. 2. Never buy clothes and shoes and anything you wear online. 3. Food is a no no too. I have never ordered food item online. Yes, you save...