Tag Archives: Wall Street Journal
The Blouses That Destroy Economies: The Insane Quest for Cheap Labor
So this is the end game of capitalism—the pool of cheap labor being drained by an insane quest for profit at the expense of people. Retailers like Walmart realize that their customer base has no money to spend because America … Continue reading
Posted in Crap-italism, minimum wage, Rentier, Wage slavery Tagged Africa, Asia, capitalism, capitalism without capital, China, Ethiopia, inflation, J.C. Penney, Kenya, Levi Strauss, offshoring, PVH, VF, wages, Wall Street Journal, Walmart, William S. Simon Leave a comment
BLACK FRIDAY: IS NOTHING SACRED?
What? Prices at retail are rigged, too? Even on Black Friday, that most holy of all shopping days? Heaven forfend! Yes, turns out it’s not just the price of oil, financial products, gold, etc. that are outright rigged or at … Continue reading
Posted in "supply and demand", Debt, fiat currency, Price, Price-fixing Tagged Bretton Woods, Everything Is Rigged, fiat currency, ISDAfix, JC Penney, LIBOR, LIBOR rigging, Minutemen, Nixon Shock, price-fixing, prices, Shit From An Old Notebook, Strawberry Fields, supply and demand, Wall Street Journal Leave a comment