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alstry (35.42)

The Game Is About To Change

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March 18, 2010 – Comments (2)

Siemens AG's IT unit to cut 4,200 jobs globally

Super D and Ike’s Discount drug and retail stores Closing all 17 Memphis Stores

Borders Books - More Layoffs Possible

Warner Chilcott Plan to Close Mason Office - 250 Jobs Lost

You simply don't need near as many jobs in the Digital Age as you maintained in the Industrial Age.  The problem is our laws, assets, economic system, government structure, and pricing are all set in an Industrial Age model.  There will be massive layoffs ahead and the changes will be convulsive....

The question is how will our nation adjust when we simply stop consuming close to what we did before in an economy that existed simply because of massive consumption?

Isn't it funny how Benny the B talks about recovery when practically every school  district, hospital, city, county, state, and businss is contracting?

2 Comments – Post Your Own

#1) On March 18, 2010 at 7:49 AM, alstry (35.42) wrote:

Teva sees $400M synergies from Ratiopharm deal

Looks like lots and lots and lots more layoffs ahead.

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#2) On March 18, 2010 at 8:08 AM, Tacomatight (73.46) wrote:

Hey man u back! Did they start letting you use the computer at the home again? Careful man, you know how mad "schizo-Larry" and "Bongo" get when you sit at the computer and don't let them watch the screen saver. That's what got you in trouble last time man! Peace

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