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Real wages start to shrink in developed countries

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Re: Real wages start to shrink in developed countries

#21

Post by LocalH »

faangguyindia wrote: post #18
rbbydotdev wrote: post #14

Earlier quoted context omitted.

Human output is not money go in production come out. This is tired. Companies continue to headquarter in the most expensive cities in the world. Surely they would all REMOTE TO THE BALKANS by now if it were actually a viable option

Because it's casino like setup. Where management buys real estate in a city and headquarter their. Major chunk of employees wages end up right into the pockets of Executives through wages On paper you get employees who are paid very high but large amount of that money goes right back into pocket of rich wealthy people who control the companies

The company town never died, it just evolved

Re: Real wages start to shrink in developed countries

#22

Post by mmarian »

charlie0 wrote: post #12

I visited the Balkans recently. One thing that is very clear to me as a n American is that the rest of the world is catching up. English taught at a young age, internet access is easier than ever and in aome cases superior to US options. Like it or not, people from the developed countries are competing much more on the world stage than they realize. For companies, why pay 2x the price of a developer in the US when th…

I have a similar belief, but of South and East Asia. YouTube made offshoring much more viable.

Re: Real wages start to shrink in developed countries

#23

Post by saargrin »

EliRivers wrote: post #4

I am but one data point. I have a fairly broad portfolio of stocks, ranging from blue chips to outright bets inspired by the wallstreetbets crowd. I have divested entirely of anything that relies on the spending power of the British consumer; retail, house builders, all of it. British people just don't have discretionary money to spend, and it's getting worse rather than better. Thus far, this particular stock market…

if youre so sure, why dont you short UK consumer related stuff?

Re: Real wages start to shrink in developed countries

#24

Post by charlie0 »

mmarian wrote: post #22
charlie0 wrote: post #12

I visited the Balkans recently. One thing that is very clear to me as a n American is that the rest of the world is catching up. English taught at a young age, internet access is easier than ever and in aome cases superior to US options. Like it or not, people from the developed countries are competing much more on the world stage than they realize. For companies, why pay 2x the price of a developer in the US when th…

I have a similar belief, but of South and East Asia. YouTube made offshoring much more viable.

I don't doubt it. We had a massive edge on the internet for several decades. That's come to an end now. Somehow Western Europe squandered it though.

Re: Real wages start to shrink in developed countries

#25

Post by EliRivers »

saargrin wrote: post #23
EliRivers wrote: post #4

I am but one data point. I have a fairly broad portfolio of stocks, ranging from blue chips to outright bets inspired by the wallstreetbets crowd. I have divested entirely of anything that relies on the spending power of the British consumer; retail, house builders, all of it. British people just don't have discretionary money to spend, and it's getting worse rather than better. Thus far, this particular stock market…

if youre so sure, why dont you short UK consumer related stuff?

You already have the answer, contained in your own question; because I'm not so sure. Puts are a dangerous game. I'm sure enough that the UK consumer is getting poorer to divest of shares; not sure enough (especially on timescales) to outright gamble on it. A lot of people have been 100% right that a company is doomed and then gone on to lose a whole lot of money on puts.

So far it's worked out very well. I moved the money into space and green energy.

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