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KimchiNinja

Joined: 01 May 2012 Location: Gangnam
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Posted: Sun Oct 19, 2014 8:41 pm Post subject: |
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atwood wrote: |
...but the humor seems to have run dry. |
Those mocked often don't get the joke. |
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beison
Joined: 28 Feb 2010
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Posted: Sun Oct 19, 2014 10:08 pm Post subject: |
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beison wrote: |
Bottom line is I don't know why you're responding to the clear trolling. His logical response to my comment will likely be one or multiple of the following:
-debasing my comment as nonsensical.
-redirecting one part of my comment into a new argument. [that's what you guys do, not me]
-changing the subject to something else slightly related but also inflammatory. [not my game, I stay on topic]
-Ignoring me (but probably not cause he seems to like to reply to most people who deface him with the hope to keep the conversation going) [nope] |
He did it he did it! I'm not often right, but when I am it makes me happy Enjoy the rest of the day guys~ |
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KimchiNinja

Joined: 01 May 2012 Location: Gangnam
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Posted: Sun Oct 19, 2014 10:14 pm Post subject: |
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beison wrote: |
I'm not often right... |
Including this time.  |
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beison
Joined: 28 Feb 2010
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Posted: Sun Oct 19, 2014 10:29 pm Post subject: |
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Weigookin74 wrote: |
The stock market has nothing to do with the economy at large. The health of the economy can be better measured by the employment rate. |
I'd agree with you here as well, however I think true understanding of a country's economic health really needs to come from multiple indicators. Employment rate is definitely one of the big ones if you compare the averages of the country's recent frictional and cyclical unemployment and then look at the trend.
Food for thought as well to provide maybe different perspective on numbers alone --you can look at Korea's job market as having significantly different factors associated with it than other western countries. For example, although the unemployment rate is quite low versus the US currently, the job markets are not the same due to the differences in importance placed on getting an office job here vs the US. The approx 3.6-3.7% in Korea right now would indicate an environment that is very healthy and stable and slightly leaning in favor of the job seeker's market... But in my observations here, I don't think this is the case.
Everyone wants the same type of job, and as such there seems to be a lot of underemployment here. Which is much more difficult to explain on the unemployment rate datasets.
So my wordy post's point is that: perhaps we need a few more indicators to judge the economic health than just the employment data, but it is definitely needed to paint the big picture. |
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Yaya

Joined: 25 Feb 2003 Location: Seoul
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Posted: Sun Oct 19, 2014 11:10 pm Post subject: |
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Weigookin74 wrote: |
GENO123 wrote: |
KimchiNinja wrote: |
GENO123 wrote: |
Kimchee Ninja is confusing individual talent with the success of a nation. |
Whenever a sentence starts with "KN is making the mistake of..." it has a very high probability of being wrong.
No such mistake has been made. Simple math was used to illustrate why some poster's thinking was too narrow. |
so korea is going to srpass the us anyway i dont which workers to which workers making which product in what situation.
I do but if korea is rocking why does their stock market suck? |
The stock market has nothing to do with the economy at large. The health of the economy can be better measured by the employment rate. |
Be wary of the "good news" in U.S. employment. Seems a lot of the jobs out there are in retail and such, and well, I hear IT is not hard to get into but hard to advance up. Healthcare is always a good bet though not everyone can or will do the work.
And let's not forget what's been said before about the U.S.: this will be the first generation in which peeps won't do better than their parents.
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atwood
Joined: 26 Dec 2009
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Posted: Mon Oct 20, 2014 12:30 am Post subject: |
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KimchiNinja wrote: |
atwood wrote: |
...but the humor seems to have run dry. |
Those mocked often don't get the joke. |
Your posts are an excellent example of that.  |
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atwood
Joined: 26 Dec 2009
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Posted: Mon Oct 20, 2014 12:36 am Post subject: |
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Yaya wrote: |
Weigookin74 wrote: |
GENO123 wrote: |
KimchiNinja wrote: |
GENO123 wrote: |
Kimchee Ninja is confusing individual talent with the success of a nation. |
Whenever a sentence starts with "KN is making the mistake of..." it has a very high probability of being wrong.
No such mistake has been made. Simple math was used to illustrate why some poster's thinking was too narrow. |
so korea is going to srpass the us anyway i dont which workers to which workers making which product in what situation.
I do but if korea is rocking why does their stock market suck? |
The stock market has nothing to do with the economy at large. The health of the economy can be better measured by the employment rate. |
Be wary of the "good news" in U.S. employment. Seems a lot of the jobs out there are in retail and such, and well, I hear IT is not hard to get into but hard to advance up. Healthcare is always a good bet though not everyone can or will do the work.
And let's not forget what's been said before about the U.S.: this will be the first generation in which peeps won't do better than their parents.
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Obviously that doesn't hold for all. Some will do better, even much better.
Even so, it's not a problem exclusive to the U.S. And, at least according to Piketty it's one that will continue for a while until society can adjust to the economic consequences of technological innovation, much like what happened after the Industrial Revolution, when all the benefits went to a very few until fundamental structural changes were made. |
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KimchiNinja

Joined: 01 May 2012 Location: Gangnam
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Posted: Mon Oct 20, 2014 12:57 am Post subject: |
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atwood wrote: |
Yaya wrote: |
And let's not forget what's been said before about the U.S.: this will be the first generation in which peeps won't do better than their parents. |
Obviously that doesn't hold for all. Some will do better, even much better. |
Obviously people are referring to the average Atwood.
I do not think things will get better. In the USA the slaves are locked in. The 99% will just keep reproducing unnecessarily, no jobs exists for all these needless people, so they will have to accept whatever they can get (long hours, low wage), and profits will continue to increase for the 1%ers. You essentially have to overthrow the 1%ers, but they own the government and thus the police/military.
It's check mate 99%ers. |
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atwood
Joined: 26 Dec 2009
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Posted: Mon Oct 20, 2014 1:56 am Post subject: |
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KimchiNinja wrote: |
atwood wrote: |
Yaya wrote: |
And let's not forget what's been said before about the U.S.: this will be the first generation in which peeps won't do better than their parents. |
Obviously that doesn't hold for all. Some will do better, even much better. |
Obviously people are referring to the average Atwood.
I do not think things will get better. In the USA the slaves are locked in. The 99% will just keep reproducing unnecessarily, no jobs exists for all these needless people, so they will have to accept whatever they can get (long hours, low wage), and profits will continue to increase for the 1%ers. You essentially have to overthrow the 1%ers, but they own the government and thus the police/military.
It's check mate 99%ers. |
Then they should state that, obviously.
9.6 million households in the U.S. with a net worth of one million dollars or more, excluding their primary residence, a new high. Things are getting better for many.
By the way, that works out to better than 1 in every 20 households.
Checkmate.
I was wrong; you're still good for a (very small) chuckle.  |
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KimchiNinja

Joined: 01 May 2012 Location: Gangnam
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Posted: Mon Oct 20, 2014 2:51 am Post subject: |
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atwood wrote: |
Things are getting better for many. |
Wealth continues to concentrate, meaning things get extremely better for a smaller and smaller number of people. That's why the avg person can expect a worse life than their parents. |
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atwood
Joined: 26 Dec 2009
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Posted: Mon Oct 20, 2014 3:05 am Post subject: |
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KimchiNinja wrote: |
atwood wrote: |
Things are getting better for many. |
Wealth continues to concentrate, meaning things get extremely better for a smaller and smaller number of people. That's why the avg person can expect a worse life than their parents. |
Two-thirds of American billionaires are self-made. But if you can't hack it, no sweat. If excuses allow you to live with yourself, keep making them. |
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KimchiNinja

Joined: 01 May 2012 Location: Gangnam
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Posted: Mon Oct 20, 2014 3:12 am Post subject: |
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atwood wrote: |
KimchiNinja wrote: |
atwood wrote: |
Things are getting better for many. |
Wealth continues to concentrate, meaning things get extremely better for a smaller and smaller number of people. That's why the avg person can expect a worse life than their parents. |
Two-thirds of American billionaires are self-made. But if you can't hack it, no sweat. If excuses allow you to live with yourself, keep making them. |
Wow, crazy.
Anyhow, I'm a 98%er. Yet I have the (apparently rare) power of objectivity and am just explaining the situation, as opposed to spouting uneducated propaganda. The 99% are always slaving away thinking they will make the 1%, that's how income inequality widens. |
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atwood
Joined: 26 Dec 2009
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Posted: Mon Oct 20, 2014 3:15 am Post subject: |
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KimchiNinja wrote: |
atwood wrote: |
KimchiNinja wrote: |
atwood wrote: |
Things are getting better for many. |
Wealth continues to concentrate, meaning things get extremely better for a smaller and smaller number of people. That's why the avg person can expect a worse life than their parents. |
Two-thirds of American billionaires are self-made. But if you can't hack it, no sweat. If excuses allow you to live with yourself, keep making them. |
Wow, crazy.
Anyhow, I'm a 98%er. Yet I have the (apparently rare) power of objectivity and am just explaining the situation, as opposed to spouting uneducated propaganda. The 99% are always slaving away thinking they will make the 1%, that's how income inequality widens. |
Dude, the game's already over. Make way for a new and better player.
Checkmate, remember?  |
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KimchiNinja

Joined: 01 May 2012 Location: Gangnam
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Posted: Mon Oct 20, 2014 3:20 am Post subject: |
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You've clearly been drinking. |
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basic69isokay
Joined: 28 Sep 2014 Location: korea
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Posted: Wed Oct 22, 2014 5:04 am Post subject: |
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Seems like it's a mixed bag.
Some people went home and failed, some are getting by....but even if you make less it must be nice to speak English and not deal with ajossis, people asking where yourefrom etc...that counts for something im sure |
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