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asmith
Joined: 18 Jun 2009
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 Posted: Wed Aug 12, 2009 10:45 pm Post subject: |
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| Steelrails wrote: |
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| I respectfully disagree. I remember reading in the Korean Herald that the government is worried because median household income has dipped below 20 grand. |
For one, there is more to being a first world nation than household income. Secondly, the way a household is defined in the West is not the same as in Korea. A K-Household may have 3 generations of family within the same place.
Korea is at the trailing edge of the first-world I would say, but the difference between ranks in these things is pretty small. |
Say what you want. But when you start seeing people fleeing America and Europe because they can't find work, then the world is upside down. I like Korea. I think of myself as a lifer.
But the way things are going, I might get replaced by a handsome dude from Stanford or Cornell. They have to eat, too. |
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E_athlete
Joined: 09 Jun 2009
Location: Korea sparkling
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| Posted: Wed Aug 12, 2009 10:49 pm Post subject: |
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| There's something wrong with 1st world countries when their graduates can't find a decent job anywhere and force themselves to work in a foreign land far from home like Korea. |
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asmith
Joined: 18 Jun 2009
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| Posted: Wed Aug 12, 2009 10:53 pm Post subject: |
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| E_athlete wrote: |
| There's something wrong with 1st world countries when their graduates can't find a decent job anywhere and force themselves to work in a foreign land far from home like Korea. |
We all got sold out. All our manufactoring jobs got shipped overseas to the Asians. Our governments are in bed with a criminal world banking cartel.
And this 9.4 unemployment number is a crock. It doesn't include discouraged workers. It doesn't include part-timers who can't get full-time stuff. Our real unemployment is closer to 17 percent.
Last month, we lost 250 thousand jobs. Yet our unemployment number dropped by .1 percent. You believe that crap. Someone is cooking the books.
I don't want to seem like Mr. Panic. But I've never seen people from Ivy League universities working in Korea--as English teachers--in all my time here. Now I do.
What does that tell you? |
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Steelrails
Joined: 12 Mar 2009
Location: Earth, Solar System
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| Posted: Wed Aug 12, 2009 11:10 pm Post subject: |
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| We all got sold out. All our manufactoring jobs got shipped overseas to the Asians. Our governments are in bed with a criminal world banking cartel. |
Now THAT I agree with! Between the pipe dream of College, the destruction of our manufacturing base, and a world financial junta that does not have our interests at heart we all got hosed. |
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kiknkorea
Joined: 16 May 2008
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| Posted: Thu Aug 13, 2009 12:08 am Post subject: |
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| asmith wrote: |
| We all got sold out. All our manufactoring jobs got shipped overseas to the Asians. |
Not entirely true.
Many have, of course, but a good number also went to Mexico courtesy of NAFTA. Don't forget about all the immigrants in the U.S. that compete for those jobs as well.
NO, I'm not a defeatist about jobs in the U.S., I just know there's tons of competition for those jobs.
Manufacturing jobs can still be had there if that's what you want. I know this firsthand since I had a decent one for several years before coming here. |
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asmith
Joined: 18 Jun 2009
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| Posted: Thu Aug 13, 2009 12:55 am Post subject: |
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| kiknkorea wrote: |
| asmith wrote: |
| We all got sold out. All our manufactoring jobs got shipped overseas to the Asians. |
Not entirely true.
Many have, of course, but a good number also went to Mexico courtesy of NAFTA. Don't forget about all the immigrants in the U.S. that compete for those jobs as well.
NO, I'm not a defeatist about jobs in the U.S., I just know there's tons of competition for those jobs.
Manufacturing jobs can still be had there if that's what you want. I know this firsthand since I had a decent one for several years before coming here. |
I don't want a manufactoring job. I'm happy being an esl loser. But it hard to compete when people are coming here in droves because they can't find jobs.
I want the economy to improve so people will go back to their home countries, and I can make loads of cash. |
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kiknkorea
Joined: 16 May 2008
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| Posted: Thu Aug 13, 2009 2:30 am Post subject: |
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| ^I'm with you there. Of course this makes me part of the problem! |
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Suwon4AGT
Joined: 26 Apr 2009
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| Posted: Thu Aug 13, 2009 4:53 am Post subject: |
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| asmith wrote: |
| kiknkorea wrote: |
| asmith wrote: |
| We all got sold out. All our manufactoring jobs got shipped overseas to the Asians. |
Not entirely true.
Many have, of course, but a good number also went to Mexico courtesy of NAFTA. Don't forget about all the immigrants in the U.S. that compete for those jobs as well.
NO, I'm not a defeatist about jobs in the U.S., I just know there's tons of competition for those jobs.
Manufacturing jobs can still be had there if that's what you want. I know this firsthand since I had a decent one for several years before coming here. |
I don't want a manufactoring job. I'm happy being an esl loser. But it hard to compete when people are coming here in droves because they can't find jobs.
I want the economy to improve so people will go back to their home countries, and I can make loads of cash. |
LOL...the glory days of ESL teaching in Korea...I didn't know there was such a thing.
These hagwon directors and other Korean low-lifes are making a foolish bet that the current global economic situation is going to last. It won't.
Just like 5-10 years ago, when very few people would have imagined the global economy would get this bad, most people are jumping on this "fall of western civilization" bandwagon and see no light at the end of the tunnel.
The U.S. and other western economies will rebound and there will be other boom cycles (opportunities for those who are prepared for it). We are just at the tip of the iceberg of the technology/information/web 2.0 era we are in now. |
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Xanadu123
Joined: 01 Jul 2009
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| Posted: Thu Aug 13, 2009 6:43 am Post subject: |
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Hmmm, all very interesting.
Not sure about the global banking cartel and all that, I think someone has been watching too much zeitgeist movie. However I do agree much of the corporate world is outrageously corrupt and vile. But all that banking business they talk about with the federal reserve and IMF is based on bad economy from some Australian economists. Could be wrong though 
So basically I wont take the job unless I agree with it, and I am being told that is getting hard to find.
Should I be looking into taiwan and japan? |
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asmith
Joined: 18 Jun 2009
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| Posted: Thu Aug 13, 2009 7:20 am Post subject: |
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| Suwon4AGT wrote: |
| asmith wrote: |
| kiknkorea wrote: |
| asmith wrote: |
| We all got sold out. All our manufactoring jobs got shipped overseas to the Asians. |
Not entirely true.
Many have, of course, but a good number also went to Mexico courtesy of NAFTA. Don't forget about all the immigrants in the U.S. that compete for those jobs as well.
NO, I'm not a defeatist about jobs in the U.S., I just know there's tons of competition for those jobs.
Manufacturing jobs can still be had there if that's what you want. I know this firsthand since I had a decent one for several years before coming here. |
I don't want a manufactoring job. I'm happy being an esl loser. But it hard to compete when people are coming here in droves because they can't find jobs.
I want the economy to improve so people will go back to their home countries, and I can make loads of cash. |
LOL...the glory days of ESL teaching in Korea...I didn't know there was such a thing.
These hagwon directors and other Korean low-lifes are making a foolish bet that the current global economic situation is going to last. It won't.
Just like 5-10 years ago, when very few people would have imagined the global economy would get this bad, most people are jumping on this "fall of western civilization" bandwagon and see no light at the end of the tunnel.
The U.S. and other western economies will rebound and there will be other boom cycles (opportunities for those who are prepared for it). We are just at the tip of the iceberg of the technology/information/web 2.0 era we are in now. |
There's no boom economy in the East or West. It's over for about fifteen years. Times will be tough. It's not going to be the black-plague, but it will be close.
The Great Depression? Ha ha ha. That's nothing.
We are going into something bigger. Find someone you love. Hold her tight. It's going to be bad.
I hope I'm wrong. I'll know the answer by January or February. But it aint looking good. Pray for some Obama magic.
This crap might go off the charts. |
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asmith
Joined: 18 Jun 2009
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| Posted: Thu Aug 13, 2009 7:40 am Post subject: |
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| Xanadu123 wrote: |
Hmmm, all very interesting.
Not sure about the global banking cartel and all that, I think someone has been watching too much zeitgeist movie. However I do agree much of the corporate world is outrageously corrupt and vile. But all that banking business they talk about with the federal reserve and IMF is based on bad economy from some Australian economists. Could be wrong though
So basically I wont take the job unless I agree with it, and I am being told that is getting hard to find.
Should I be looking into taiwan and japan? |
Not sure there's a global banking cartel? All the proof is there for anyone who wants to look. It's just that economics is boring. It turns people off.
Tell me I'm a fool in February. By that time, I expect the "official"unemplyment rate to be about 10 percent. Of course, the unofficial but true unemployment rate--including the discouraged workers and the part-time slaves--will be at 22 percent.
BTW, do you know which administration cooked the books on unemployment? The Clinton administration. You folks were silly enough to think Bill was the president. He was just a lap-dog to Robert Rubin--another Goldman boy and the guy who killed the Glass-Steagall Act. "President" Billy wrote it's death into law.
You're so naive.
God bless democracy. |
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asylum seeker
Joined: 22 Jul 2007
Location: On your computer screen.
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| Posted: Thu Aug 13, 2009 8:23 am Post subject: |
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The boatloads of economic refugees keep washing up. Pretty soon we're all going to be fighting for 1.8 mill jobs. Then bosses will start wondering why they're even providing accomodation when there are 20 NTs applying for even the lowliest of crapwon jobs..
ps- I realise that I'm a part of the problem too.  |
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chnike112
Joined: 05 Aug 2009
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| Posted: Thu Aug 13, 2009 8:45 am Post subject: |
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| Yeah this is why I am considering NOT going to korea. I'm concerned that I'm not going to be able to live comfortably (aka pay my bills @ home as well as eat and such in Korea) and not get SCREWED by some hagwon. I sure hope I can find a legit contract |
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Xanadu123
Joined: 01 Jul 2009
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| Posted: Thu Aug 13, 2009 10:25 am Post subject: |
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| asmith wrote: |
| Xanadu123 wrote: |
Hmmm, all very interesting.
Not sure about the global banking cartel and all that, I think someone has been watching too much zeitgeist movie. However I do agree much of the corporate world is outrageously corrupt and vile. But all that banking business they talk about with the federal reserve and IMF is based on bad economy from some Australian economists. Could be wrong though
So basically I wont take the job unless I agree with it, and I am being told that is getting hard to find.
Should I be looking into taiwan and japan? |
Not sure there's a global banking cartel? All the proof is there for anyone who wants to look. It's just that economics is boring. It turns people off.
Tell me I'm a fool in February. By that time, I expect the "official"unemplyment rate to be about 10 percent. Of course, the unofficial but true unemployment rate--including the discouraged workers and the part-time slaves--will be at 22 percent.
BTW, do you know which administration cooked the books on unemployment? The Clinton administration. You folks were silly enough to think Bill was the president. He was just a lap-dog to Robert Rubin--another Goldman boy and the guy who killed the Glass-Steagall Act. "President" Billy wrote it's death into law.
You're so naive.
God bless democracy. |
You want to cite your sources and provide some proof? You make claims you cannot substantiate and you call me naive.
http://en.wikipedia.org/wiki/Austrian_Theory_of_the_Business_Cycle
Educate yourself.
However I was in error, it was Austrian economists not Australian which are influencing your conspiracy thoughts about a global banking cartel. |
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Rory_Calhoun27
Joined: 14 Feb 2009
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| Posted: Thu Aug 13, 2009 10:53 am Post subject: |
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| asylum seeker wrote: |
The boatloads of economic refugees keep washing up. Pretty soon we're all going to be fighting for 1.8 mill jobs. Then bosses will start wondering why they're even providing accomodation when there are 20 NTs applying for even the lowliest of crapwon jobs..
ps- I realise that I'm a part of the problem too. |
I did have two recruiters, One actually well-respected here, say that they've had a HARDER time meeting the demand for teachers, so that is one thing in favor.... and another EV director said they are in great need of entertainers.... eh, teachers, I mean... |
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