GE to debut outsourcing in Bangladesh (2,000 people)

[achilles28]

Quote from MaklodaSux:

Where does this idea start? The school system? I know they teach a lot about Globalization in college business classes and students just gobble that stuff up. Nevermind the fact that the country loses all its produts and exporting power. Why has this become the new American business model? I realize that the CEO's have no choice, if they don't do it, they'll just get replaced with someone who will. But for Christ's sake, it's killing the country in the process. Why not send HR and Marketing over there, that will at least get rid of the non-value components.

Yes, its starts in school. Usually highschool/college. Socialist indoctrination.

Globalization is an economic weapon used against the Middle Class.

Money is Freedom. And Freedom is Power.

Take it away, and the surfs are beholden to their Elected Man-Gods to set the Agenda.

How can People set the Agenda when they're broke and powerless?

That's the Game.

 

[S2007S]

Quote from EMRGLOBAL:

Winsum, not even gona comment on your "Let the dollar slide" theory. It's incorrect in the long run. Short run, sure, imports will pick up, long run.....will destroy the country and bring your, that's right, your standard of living down with the dollar.

Jobs are not coming back folks. If your unemployed, you may have to find a different line of work, if you can.

The economy will come back, the market may re-enter a bull in the future...however, get use to 9.5% unemployment.

No bull or optimistic person is going to believe that most jobs created over the last 2 decades will never come back again. Right now everyone is running back to school to learn something new however there are another few million running to school to learn the same thing only crowding some of the so called "RECESSION PROOF" jobs at this very moment.

Unemployment rates will take decades to get back to 4%, the new norm will probably be 6-7%.

 

[WinSum]

Quote from EMRGLOBAL:

Winsum, not even gona comment on your "Let the dollar slide" theory. It's incorrect in the long run. Short run, sure, imports will pick up, long run.....will destroy the country and bring your, that's right, your standard of living down with the dollar.

Jobs are not coming back folks. If your unemployed, you may have to find a different line of work, if you can.

The economy will come back, the market may re-enter a bull in the future...however, get use to 9.5% unemployment.

The G20 has agreed not to repeat the mistakes of the past and start a trade war with barriers and tariffs.

So now the trade war policy cannot be used, you are left with devaluation of the dollar to compete in the global marketplace.

The 2 Year Treasury Futures is making new 52 weeks as the Dollar slides. Letting the Dollar slide didn't curtail demand for our treasuy notes.

If someone is unemployed now and gets a job as a result of a weak dollar, his standard of living did not go down. It's the opposite, his standard of living has went up.