October 30, 2009
What does relocation in the economy mean?
Lauren asked:
Substantial reduction in employment at the individual’s most recent
workplace, by relocation in the economy? What does that mean, I need to answer something correctly, thanks.
Relocating to GA
Substantial reduction in employment at the individual’s most recent
workplace, by relocation in the economy? What does that mean, I need to answer something correctly, thanks.
Relocating to GA
Filed under Relocating to GA by .

Comments on What does relocation in the economy mean?
6:28 pm
Relocating to GA
relocation within the economy means that those jobs that were at the individual’s most recent workplace are now relocated somewhere else.
for instance, outsourcing. the same job that you do could be done somehwere else and for cheaper.
12:15 pm
Relocating to GA
I think both US and Hong Kong are applied to the wrong approach of Keynesian macroeconomics. As both wrong head mangement are geared into the god damned stock markets for earning the considerable duty taxes, those employers are putting more money into the financial markets instead of expanping their business or maintaining the status quo of the current operating budgets. Most of them are thinking of cost reduction, smaller operation, try to relocate their manufacturing operation to overseas, such as China or Mexico.
America and Hong Kong are currently expeiencing the twin evil of stagflation with higher unemployment and higher inflation.
You are lucky not dip into another great depression indirectly made by US, UK, and Hong Kong. Their financial activities are indirectly relocate the economy to China. It is a hard topic for you and I to understand how it could happened and hit us hard. The following Hong Kong fact book created by the US CIA with the hints of Hong Kong GDP shoot up by the so called reexport up 400%. It simply because most of Hong Kong exports are manufactured in China.
I can tell you that both Obama and John Tsang Chun-wah, the Hong Kong incumbent Financial Secretary must put some effort to destroy the stock markets directly and indirectly, but wisely. If Dow Jones Index decline to under 4,000 points and Hong Kong Heng Seng index must fell down below 8,000 point in the near future is just about right ways to suppress the inflation and keep the jobs at home.
I can tell you that Hong Kong government must put some effort to cut at least 20,000 civil servants immediately. It is necessary to axe the overall overpaid civil servants, particularly those highest paid officials and their assistants must cut their overpaid salaries by 6% to 60% as soon as possible. Hong Kong Monetary Authority (HKMA) is also the economic and financial drag of Hong Kong peoples. It is necessary to eliminate at least 50% staffs and 50% less wagering money in financial investment of stock shares, funds and bonds, leveraging the reserves of all banks in HK, and peg management of stablize the exchange rate of US vs the HK dollars.
I think Uncle Sam must stop all those unwanted stimulus, bail out, forgivable loans to those financial institutions. Constraints in military services, particularly all US troops go home is the goal to save more money and keep this world in peace. It costs about US10 billions a day in the Iraq war.