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A comment on The Fed plans to sharply boost unemployment. Parent comment

Re:The Fed plans to sharply boost unemployment by MonkeyMalarky on Sunday September 25, 2022 @11:22AM (#32972202)
That's why you import labour en mass, pay them less and kick them out when you're done with them. At least that seems to be my country's solution? Literally a permanent underclass of temporary foreign workers propping up parts of the economy.
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Re:The Fed plans to sharply boost unemployment by givemeethekeys on Sunday September 25, 2022 @01:16PM (#32973518)
If by your country you mean, Singapore, then yes. It works because foreign exchange is likely in Singapore's favor. People who come can be indentured servants and help out a lot of people back home. At some point though, the tide begins to turn and you have to find new sources of cheap labor. But, what happens when the sources run dry?
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Re:The Fed plans to sharply boost unemployment by csomar on Sunday September 25, 2022 @10:07PM (#32978538)
The world is big and never seems to be running of countries going bankrupt or going into chaos. You'll always find new people. Also, Africa just opened the gates for tons of new labor.
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Re:The Fed plans to sharply boost unemployment by rightbyte on Sunday September 25, 2022 @02:51PM (#32974656)
Qatar would be the prime example?
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Re:The Fed plans to sharply boost unemployment by givemeethekeys on Sunday September 25, 2022 @03:38PM (#32975177)
Definitely - some of the Arab countries - Qatar, Kuwait, the UAE.
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