Re:Spanish Wikipedia also shuts down in protest at proposed ...
by skookumchuck on Wednesday July 04, 2018 @08:10PM
(#17460101)
Looking at a 30 year trend in, say, the S&P 500 vs the European stock index, suggests Europe would do much better if they started emulating US business.
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Re:Spanish Wikipedia also shuts down in protest at proposed ...
by toomuchtodo on Wednesday July 04, 2018 @09:07PM
(#17460293)
Would that emulation be prioritizing shareholder returns over everything else (those profits have come at the expense of the environment and US worker pay and benefits)? As an American, I implore Europe to not make the same mistakes we have in the name of unbridled capitalism. Defend the quality of life you have that we foolishly relinquished.
Re:Spanish Wikipedia also shuts down in protest at proposed ...
by smnrchrds on Wednesday July 04, 2018 @09:43PM
(#17460398)
Agreed. If all worker protection laws (minimum wage, holiday, overtime, safety regulations, etc.) are repealed tomorrow, there would be a huge jump in S&P500. If America does this, should Europe follow suit lest it falls behind? It is best to maximize quality of life for citizens, not total stock market index.
Re:Spanish Wikipedia also shuts down in protest at proposed ...
by chronic821 on Thursday July 05, 2018 @06:09AM
(#17462057)
> It is best to maximize quality of life for citizens, not total stock market index.
Feel free to relocate if you're not pleased with the quality of life where you currently live.
Re:Spanish Wikipedia also shuts down in protest at proposed ...
by smnrchrds on Thursday July 05, 2018 @09:39AM
(#17463142)
That's funny. Moving to a different country is a complicated and long process. It can take over a decade, require thousands of dollars in expenses and hundreds of hours of work. Investing in another country's stock market takes 5 minutes and you can do it on your phone. Shouldn't it be "feel free to buy a different index fund if you're not pleased with the growth in your country's index," instead of "feel free to relocate if you're not pleased with the quality of life where you currently live"?
Re:Spanish Wikipedia also shuts down in protest at proposed ...
by vsl on Friday July 06, 2018 @03:38AM
(#17469667)
That’s an incredibly dishonest put-down certain sort of people use.
For one thing, it’s not exactly easy to move to another country, not since World War I. You can’t simply pick a country and move to it - and you full well known that when you dismiss somebody with this sentence.
For another, I like my country. And I have every right to not like where it’s heading. “If you don’t like my politics, emigrate” is preposterous.
Re:Spanish Wikipedia also shuts down in protest at proposed ...
by skookumchuck on Wednesday July 04, 2018 @11:11PM
(#17460620)
> those profits have come at the expense of the environment and US worker pay and benefits
Have they? I don't think that's clear at all.
Re:Spanish Wikipedia also shuts down in protest at proposed ...
by realusername on Thursday July 05, 2018 @07:21AM
(#17462374)
Yes they had, the US is lagging behind on worker metrics on the developed world (just maybe not in salaries).