Likelihood of a US recession and EU "Blue Card".

[Happy Times]

If the US goes under one day, http://www.moneyweb.co.za/mw/view/mw/en/page94?oid=160569&sn=Detail
you can go for the EU Blue Card. http://www.eubusiness.com/Living_in_EU/eu-blue-card.24/
;)

[Skybird]

Instead of bringing our own unemployed into jobs, and instead of raising the quality of our education system so that it can provide the labour market with those educated people companies do seek to train them in specialised jobs - we should import even more people from outside the EU, Africa and Asia, and the ME. Clever. That way our education system also must not perform better in the future, and can remain untouched and performing at a sub-standard level.

Instead of pushing for better qualification, the first school now has introduced a course in "happiness". It can even count for the final school exam, called Abitur. at the same time companies desperately complain about candidates searching jobs, but not being able to locate Germany on the world map, thinking Franz Beckenbauer is the bundespräsident, can't calculate how much 10% of 100 is, and write texts in German with half a dozen spelling mistakes in every line.

Pardon, have I missed something lately? :roll:

Just for the record: the EU also has no, zero, rien, nada competence in regulating national labour markets - and that is official. Once again it tries to ursupate (sp?) unlegitimated powers which to claim it has not the smallest authority. Gangsters, and what's even worse: stupid gangsters.

[Happy Times]

Up here everybody that can, and want to, get employed or re-educated.
We really need educated imigrants in the future.
I didnt know that Germany has problems in education..:hmm:
We have a saying here that is usually used referring to Russia, "Large country, large tolerances".;)

[Skybird]

Up here everybody that can, and want to, get employed or re-educated.
We really need educated imigrants in the future.
I didnt know that Germany has problems in education..:hmm:

Ever heared of PISA...? You Fins are at the top - in the first study, Germany was near - or even at - the bottom. In Germany, people talked of the "Pisa-shock".

And yes, it is true, companies desperately complain about lacking knowledge and lacking fundamental general education, and enormous deficits in writing, reading and basic maths. Many companies want to raise their own future employees - but do not find sufficiently educated candidates, leaving tens of thousands of possible jobs unmanned, partially for YEARS. On the othe rhand, the labour market is still crowded with low-skilled badly trained youngsters.

So, the education systejm is serioulsy porked, and and too many political interests have a word in influencing the misery - generally for the worse.

I finished school in the mid-80s (decembre 85), and like many people in my age group, I consider us to be one of the last relatively lucky and - by majoirty - well served school-generation. After that age, several reforms were launched, and much dogmatism (always a great evil in Germany since the late 60s) influenced the quality of general education for the worse. I currently know three school teachers, all of them for Gymnasium, which is the highest of the three school types we have after elementary school. All of them would like to turn back the time and choose another job. My grandfather was teacher, and a girlfriend of my mother - both died of anger and frustration (in the form of cancer). Things are the worst in the lowest of the three school types, of course, "Hauptschule". Students here know from the very beginning that after school they have close to nil chances to ever make it into an untroubled life. Violance, stubborness, gangs and frustration are the result - wich feeds back on the motivation of the teachers. It's a vicious circle, leading into a communal disease all society is suffering from.

[Happy Times]

Up here everybody that can, and want to, get employed or re-educated.
We really need educated imigrants in the future.
I didnt know that Germany has problems in education..:hmm:

Ever heared of PISA...?

Yes. http://www.oph.fi/info/pisa2003.htm :)

Just not familiar with the German results.:hmm:

[JALU3]

Although it makes it harder for the US to buy foreign goods and services, with the value of the dollar falling . . . it also does the opposite by making it more cost effective to by US goods and services.
Look at what self-devaulation of currancy value has done for China (as opposed to the other China (http://en.wikipedia.org/wiki/Republic_of_China)) . . . since their products and services are so inexpensive, it has allowed foreign currency to flow into their nation-state allowing them to use that currency to modernize their industry, infastructure, and military. Furthermore, now that they have a large amount of foreign currency and ownership of foreign debt, they can use that to manipulate the world market in their favor.
So although one will not find it as cost efficient to take a trip to Paris . . . it will increase foreign tourism to US Shores . . . and may reduce the trade deficit (http://en.wikipedia.org/wiki/Trade_deficit#United_States_trade_deficit) which the US currently has.