Poll: Are times tough for you?
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All good here Steve. Better than ever!
20.00%
2 20.00%
About the same Stevo. Nostradamus you aint.
40.00%
4 40.00%
Times are tough. I'm less hopeful about my prospects.
40.00%
4 40.00%
Total 10 vote(s) 100%
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The Squeezed Middle
#1
I've referenced one of my pet theories quite a few times over the past year : namely that life overall is getting more difficult for the majority of people.  Jobs are harder to come by, and increasingly insecure even if you do manage to get one.  Wages are largely stagnant.  We are due a recession sometime soon (and this time it really WILL be different.  Cannot see QE saving the day again.)  Central banks and governments rally have no ammunition with which to fight it.  

We have embryonic technologies in AI that are now starting to have a material impact on jobs (witness Yang and his UBI platform in the 2020 US presidential race). And yes, I know he's not going to get anywhere.

But this is just my observation and I know there are far keener observers with access to better information than humble old Steve Jabba.  So I'd like to know what YOU think!  Here's the poll below.  Please vote and then leave commentary with your personal situation.  I'd love to get a general sense of how people are feeling about their prospects.  I am willing to bet there's a few IT contractors on here, for example.  How is the market??
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#2
It is better then ever for now, very low unemployment, wages rising decently, but we will probably slow down because Germany will. Still, the wages should be higher, more comparable to the West, and there is not enough doctors, nurses etc. because there is unwillingness to pay for expertise, instead they want to exploit people through low basic wage, forcing them to work illegal extra hours (to cover the people shortage) and various tricks. So any profession like this that is in demand abroad often leaves.
Now part of that is that the hospitals were designed for horse carriage distances, there are too many, so there could be less centres doing better job, but politically that's not possible - people would whine they can't just walk to the nearest hospital in 20 minutes.

Objectively this is the best time ever here in about 100 years at least, probably ever. But of course it still sucks on many levels, when your baselines are Nazis/Commies, everything feels like an improvement Big Grin Major problematic areas: low wages, road quality and speed with which they are building highways, high speed trains etc. Very expensive flats/houses for the wage, we save about the longest in EU for one.
Pros: No Gimmegrants, relative safety, hot chicks, good culture, good food, healthcare, social security...
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#3
(11-07-2019, 12:55 PM)Andrew Wrote: It is better then ever for now, very low unemployment, wages rising decently, but we will probably slow down because Germany will. Still, the wages should be higher, more comparable to the West, and there is not enough doctors, nurses etc. because there is unwillingness to pay for expertise, instead they want to exploit people through low basic wage, forcing them to work illegal extra hours (to cover the people shortage) and various tricks. So any profession like this that is in demand abroad often leaves.
Now part of that is that the hospitals were designed for horse carriage distances, there are too many, so there could be less centres doing better job, but politically that's not possible - people would whine they can't just walk to the nearest hospital in 20 minutes.

Objectively this is the best time ever here in about 100 years at least, probably ever. But of course it still sucks on many levels, when your baselines are Nazis/Commies, everything feels like an improvement Big Grin Major problematic areas: low wages, road quality and speed with which they are building highways, high speed trains etc. Very expensive flats/houses for the wage, we save about the longest in EU for one.
Pros: No Gimmegrants, relative safety, hot chicks, good culture, good food, healthcare, social security...
And you're in Czech Republic, right?
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#4
I agree with Steve.
We´re living in a very different world from the 80s and 90s, when you´d have a guaranteed career if you had a college degree.
Degrees don´t mean shit nowadays, and there´s a scarcity of jobs with good pay.
More and more, you´re either one of the haves or one of the have nots, which means the middle class is being slowly destroyed.
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#5
(11-07-2019, 03:49 PM)Ayahuasquero_Brasileiro Wrote: I agree with Steve.
We´re living in a very different world from the 80s and 90s, when you´d have a guaranteed career if you had a college degree.
Degrees don´t mean shit nowadays, and there´s a scarcity of jobs with good pay.
More and more, you´re either one of the haves or one of the have nots, which means the middle class is being slowly destroyed.

Don't forget to vote buddy!  Looks like my opinion is losing at the moment!!
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#6
I would say something about the same as Adndrew. lifestyle improved much in Poland within Last 30 years.

But Im more likely to agree with Steave and Ayahuasqueiro that even in rising economy the spread between reach and poor is growing to fast.

We have a bubble in real estate market.

Median of wages is raised by big IT and financial corporation shift. They just found cheeper Canary Woorf here.
But I think corporations will move further to the east, and Poland will be left with depth generation.

I personally am slowly going to move my income to online forex trading.. and even thou I have hard times now, overcoming my financial problems I’m not worry of myself as I have managing office skills, CAD skills and manual blue collar heavy industry skills.
constant is change...
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#7
"In this regard, the Czech Republic is unmatched, with an income quintile share ratio that stood at 3.3 in 2018, the lowest among all EU member states, and 0.1 lower than in 2017."

We're all equally poor! Hooray?! Big Grin

[Image: income-inequality-eu.png?w=1900]
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#8
Yea, but you have Skodas..
and I heard that you Czech don’t like us Poles and don’t want to eat our food? Is that true?

Fucking unbelievable, I drink your beers like crazy Wink
constant is change...
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#9
I think we like Poles, but it's true some infected meat and products salted by industrial salt got into our supermarkets from Poland and your side tried to cover it up. Also, Polish truck drivers often cause dangerous accidents, with trains and stuff. Smile Škoda's are fine, but this guy's son was born here as well Big Grin He then etablished some solid cars from what I've heard.

[Image: Ic_XAWZPckBYyEagtN5f-NfiLP1PbSQXnnztXO?f...%7Cwebp,75]
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#10
We are the missed link between Russians and the rest of the world Wink))
constant is change...
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#11
Interesting to see the poll results, though not enough of you have voted.  So bumping this thread for more visibility.  Looks like things are about the same or worse so far.
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#12
(11-10-2019, 09:00 PM)SteveJabba Wrote: Interesting to see the poll results, though not enough of you have voted.  So bumping this thread for more visibility.  Looks like things are about the same or worse so far.

I miss the option: "Times are tougher, it's a great opportunity!"
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#13
I like the way things are going for myself, but I’m probably not part of the majority. Running a business is a challenge and some days are better than others. Some days just suck, but it all works out some how. I’m always learning something new in order to keep up with the growth of the business. Right now my biggest challenge is finding good employees. My best new hires have been people that are already employed. The resumes I get from people that are currently unemployed have all kinds of red flags. We’re getting plenty of work and I can’t even respond to all the demand.

i do see people that are struggling though. Medical bills, car repairs, and housing seem to be the biggest challenges although a lot of it is self inflicted through drug use or other stupid shit.
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