QE Lead To Deflation?

[SwingToWin]

Better include SKILLED LABOR as well....thanks to our government's H1B visa program which has flooded the technology labor market with nearly a million foreign workers over the past 10 years.

Lower wages = higher profits for shareholders only.
Lower wages = less money chasing goods and services.
Less demand = lower prices.
Lower prices = deflation.

does anybody understand why US and EU governments are importing millions of unskilled foreigners? In the EU the situation is absurd. highest unemployment rate and poverty since WW II, but millions of unskilled, analphabetic and highly aggressive africans are crossing the borders every year. all can stay, without needing to work (also there is no work, even for us) and are pampered with social benefits, same as the locals.

Politicians highly encourage even more africans to come. I really don't understand this... do you have an idea why EU and US governments want their countries to be overrun by foreigners? what's the use... our countries will go down the tubes for sure.

 

[syswizard]

do you have an idea why EU and US governments want their countries to be overrun by foreigners? what's the use... our countries will go down the tubes for sure.

Because they are getting paid by large corps who benefit from lower labor costs.

Get this: I was up in north Jersey for a wedding this past year and had to stop and ask for directions. I could not find an American in sight....it was all Indians and Chinese people whom I could not even understand.

 

[loyek590]

Because they are getting paid by large corps who benefit from lower labor costs.

Get this: I was up in north Jersey for a wedding this past year and had to stop and ask for directions. I could not find an American in sight....it was all Indians and Chinese people whom I could not even understand.

I was in Brooklyn one time during some strange strange Jewish holiday when all the men were in temple and the sidewalks were filled with Hasidic Jewish women out shopping and were forbidden to talk to strange men. All the street signs were in Hebrew. No woman would help me. Finally a big black dude came up to my window and said, "Man, you are lost. You're looking for the interstate aren't you?"

I told him, "I don't have any money."

He said, "I don't want any money, I just want to help you."

and that's what he did and refused any money for the directions

 

[SwingToWin]

I was in Brooklyn one time during some strange strange Jewish holiday when all the men were in temple and the sidewalks were filled with Hasidic Jewish women out shopping and were forbidden to talk to strange men. All the street signs were in Hebrew. No woman would help me. Finally a big black dude came up to my window and said, "Man, you are lost. You're looking for the interstate aren't you?"

I told him, "I don't have any money."

He said, "I don't want any money, I just want to help you."

and that's what he did and refused any money for the directions

nice story. I really have nothing against African Americans, who live in your country for centuries, habe a job, speak your language... and are just normale Americans in my point of view.

I was talking about young male Africans, analphabets without education and manners who are overrunning the EU now. Not able to work, not able to speak our language, not doing anything but stealing and selling drugs all day. living on social benefits without ever getting work.
that is a different sort of people to me.

 

[loyek590]

nice story. I really have nothing against African Americans, who live in your country for centuries, habe a job, speak your language... and are just normale Americans in my point of view.

I was talking about young male Africans, analphabets without education and manners who are overrunning the EU now. Not able to work, not able to speak our language, not doing anything but stealing and selling drugs all day. living on social benefits without ever getting work.
that is a different sort of people to me.

my son in law was born in a village in Mali with no written language. It didn't take him long to own his own business once he got here, and it was all due to showing up on time when nobody else wanted to. And then he got his chance, and he became the boss.

 

[TGregg]

nice story. I really have nothing against African Americans, who live in your country for centuries, habe a job, speak your language... and are just normale Americans in my point of view.

I was talking about young male Africans, analphabets without education and manners who are overrunning the EU now. Not able to work, not able to speak our language, not doing anything but stealing and selling drugs all day. living on social benefits without ever getting work.
that is a different sort of people to me.

No riots? No looting? No gunfire in the streets? They are just getting started.

 

[Nine_Ender]

No riots? No looting? No gunfire in the streets? They are just getting started.

Typical post from your ignorant, racist mind.