What the hell's happening!

[kiwi_2005]

Who else is feeling the pinch are jobs going down the drain in your country...

2008
12 large forestry companys close down, many are laid off up to 1200 jobs.

Last night after 32 years in bussiness one or our busy ports lays of all its whafies.

ANZ bank staff laid off due to cheaper services in india if we want to ring our bank we will be directed to india customer service for advice up to 300 kiwi staff will be laid off and some indian on the other side of the world will be employed.

Telecom our biggest phone company have done the same thing its cheaper to employ Malaysans than our own people when we ring telecom we will be directed to someone in Malasya.

Yesterday Govenment MP's get a $12000 salary increase - MP's $250,000 per year. How did they manage that!:down:

More jobs loses are expected in 2009.

[DeepIron]

Who else is feeling the pinch are jobs going down the drain in your country...

2008
12 large forestry companys close down, many are laid off up to 1200 jobs.

Last night after 32 years in bussiness one or our busy ports lays of all its whafies.

ANZ bank staff laid off due to cheaper services in india if we want to ring our bank we will be directed to india customer service for advice up to 300 kiwi staff will be laid off and some indian on the other side of the world will be employed.

Telecom our biggest phone company have done the same thing its cheaper to employ Malaysans than our own people when we ring telecom we will be directed to someone in Malasya.

Yesterday Govenment MP's get a $12000 salary increase - MP's $250,000 per year. How did they manage that!:down:

More jobs loses are expected in 2009.Well, my friend, except for the politicians (who always seem to look after their own self serving interests first) the rest is what they're call a "Global Recession". I don't think anyone is going to escape it.

[bookworm_020]

Well, my friend, except for the politicians (who always seem to look after their own self serving interests first) the rest is what they're call a "Global Recession". I don't think anyone is going to escape it.

Agree with you there! Some countries will feel it more than others, and some jobs sectors will be at greater risk than some. Now I can see another good reason for me becoming a train driver!:yep:

They reckon that unemployment will hit 5% within the next year or two here in Australia. The mining industry will be the canary in the coal mine here (no pun intended!) If they start laying off people and closing mines, there will be a rapid flow on to the rest of the country.:-?

[baggygreen]

Well, my friend, except for the politicians (who always seem to look after their own self serving interests first) the rest is what they're call a "Global Recession". I don't think anyone is going to escape it.

Agree with you there! Some countries will feel it more than others, and some jobs sectors will be at greater risk than some. Now I can see another good reason for me becoming a train driver!:yep:

They reckon that unemployment will hit 5% within the next year or two here in Australia. The mining industry will be the canary in the coal mine here (no pun intended!) If they start laying off people and closing mines, there will be a rapid flow on to the rest of the country.:-?maybe the navy can get some of their engineers back!:doh:

[Wolfehunter]

Their are options to succeed in this crisis.

Chance of success is low though,

Crime or police work is an option?

Loto is another,

Find a job that is secure????? Almost impossible but few remain.

Join the military?

Now to guaranty your children future.... A rebellion is require must now. From all nation and all people fighting their corrupt governments. Its a global rebellion from the elitist who are robbing us dry. That is the only solution. But no one has the balls to do it.:nope:

[bookworm_020]

]maybe the navy can get some of their engineers back!:doh:

They may even be able to crew four subs at any one time if this keeps up!:roll: The defence focres will be one of the biggest winners of any downturn as all the skilled people who were tempted away come running back as mines start closing!

[TarJak]

It's easy to get a job in this climate as long as you know about receivership and winding up failed companies.:arrgh!:

[bookworm_020]

It's easy to get a job in this climate as long as you know about receivership and winding up failed companies.:arrgh!:

"It will be a goldern era for repo men, one that shall never end...."

Or work for a law firm! Have you ever see layoffs at a law firm???

[McBeck]

Well, im in a job with 6 months warning or pay, so it will cost them if they decide to lay me off.

Besides...Im the only one who has been stupid enough to stay at the same company for so long :)

[Hylander_1314]

Everybody is feeling the pinch. I've been out of work since May, when I had to close my small business. And with the economic situation, and my mid 40s age, I'm hard pressed to find work since there are youngsters in their 20s and 30s I have to compete with, I'm in a tough spot.

[mapuc]

Not where I am working.

Lots to do, the two last month I have been working estra time

the orders jsut keep on coming

Markus

[Etienne]

Or work for a law firm! Have you ever see layoffs at a law firm???

Massive lay-offs at american law firms right now.

Shipping industry will probably be affected soon, although it'll probably just reduce the ridiculous manpower shortage to a manageable level.

That's what I'm telling myself to justify taking two months off.

[Reece]

Isn't it amazing that this all started in America yet our dollar has halved it's value against the U.S., and it's happened before, is this a conspiracy!!?:yep::doh:

[bookworm_020]

Isn't it amazing that this all started in America yet our dollar has halved it's value against the U.S., and it's happened before, is this a conspiracy!!?:yep::doh:

No but a boon to our exporters! At least with our dollar going south, it will give a bit more protection to our economy, as well as make local products more able to stand up to imports.

So it's not all negative!;)

Here is the bad news!:cry:

Here come the mines closures

http://www.theaustralian.news.com.au/business/story/0,28124,24703432-5005200,00.html

Think the dollar is low?? Look at what they're saying now!:huh:

http://www.theaustralian.news.com.au/story/0,25197,24703861-12377,00.html

[Etienne]

No but a boon to our exporters! At least with our dollar going south, it will give a bit more protection to our economy, as well as make local products more able to stand up to imports.

Indeed. For a while, the canadian dollar was higher than the USD - which made shore leave in the states great, but had a bad impact on our overall economy.

[Reece]

THE Australian dollar will hit an all-time low of US47c by the middle of next year, a major French bank says.Merry Christmas everyone!!:damn:

[Task Force]

And a happy new year.:lol: God, I hope the economy gets a kick in the but someday.:shifty:

[zinosumatra]

Me thinks this is just the beginning. The last Great Depression hit on Oct 29, 1929, but the market didn't fully bottom out until 1932. Massive layoffs, tanking enterprises, and a fumbling dollar are the precursor to wider calamity. The American gov't will continue to bail out industry, subsidize poverty, and render the dollar worthless. That's about the time that that China calls in its debt and forecloses on the US. Meanwhile, ships steam toward Taiwan, which is quickly seized by the Chinese. Between their coalition with Iran and North Korea (all cranking out Kilos and upgrading their fleets), and the US's flaccid state, there will be no one to respond to the aggression.

But, hey, I'm no cynic. Once the dollar is worthless, we can adopt the Euro and devalue that currency as well, right? :hmm:

[Reece]

I suppose there's always the sure fire cure for a recession - WAR!!:eek:

[bookworm_020]

Forget war, it costs a fortune and only puts off financial problems for a short time, plus who would we want to fight (New Zealand?:huh:) and what would we gain from doing so? (a country in more strife than our own)

Things may not be as bad as it first seemed!;)

http://www.smh.com.au/news/national/australia-will-avoid-recession/2008/11/25/1227491548390.html

I do hope the intrest rates will go down as far as they say they will, it will save us $300-400 a month on our home loan. Not that I would be cutting back on the repayments. I'd just pay off the debt faster