I agree with the statement that "Britain has an oasis of talent only problem is they recruit all the crap." Great Britain has educated so many talented people, especially in Scotland, but they tend to leave this country because of this fact.
My point is that the UK and the Western EU countries tend to prefer the EU imigrant to the non-EU altough the one from the EU has a lower class qualification than the one from the non-EU. I have seen the fact. Furthurmore, they prefer Japaenese citizens who have already got the UK permanent residencial VISA to the Japanese persons who do not like me. It is mainly because of the bureaucracy. The companies tend to want to avoid the extra bureaucracy. This is the statement that the recruit agencies told me as well!
In 1990s in Britain, there was a notorious wage inflation. I am sympathetic to the fact that the UK Labour government wanted the cheap manual labour force imigrants from the EU Eastern European countries to calm the wage inflation down.
But, my concern is that the "intermediate class" job which I have been trying to get. When there is an obvious a world class achievement indicated in the CV, it does not matter. But, such indivdiuals with this sort of CV are not majority. Majority of the applicants of skilled non-manual jobs are highly discriminated between the EU and the non-EU. Because this sort of job is difficult to access propery.
For the manual labour jobs, it is irrelevant to measure the specific skills apart from the efficiency to work under the cheap wage.
But, my situation is not entirely fair condition. I have spent 6 years for the education overhere, and obtained MSc and Honours in Bachelor with a good grade.
As I also studied in microeconomics in MSc, the information on the labour market tends to be assymetric so that the insurrance and the personal connection exist there to avoid the unseen risk.
Of course, people recognise if there is a world class achievement. But, as a matter of fact, this kind of labour force is such limitted.
Friday, August 13, 2010
Thursday, August 12, 2010
My favourite quote of Max Stirner
“He who must expend his life to prolong life cannot enjoy it, and he who is still seeking for his life does not have it and can as little enjoy it.” --- Max Stirner (Anarchist)
Japan will be far more isolated from the global community...!
Wednesday, Aug. 11, 2010
Budget cutters target JET
'Amakudari' excess or 23-year success in soft foreign policy?
Who want to go to Japan to friendly communicate with Japanese? Only those paid by them do! Any people from the advanced Western countries coming for business would not have much time to communicate in the local community.
This has been the only way the ordinary Western people (North American, Western European, Australian, and New Zealander) come to Japan, and Japanese could know their civilisation and culture! I was highly benefited by this JET programme! If there had not been this programme, I would not be successful like now! Japanese government should cut the other "Amakudari"; not the JET one!!
Friday, August 06, 2010
I rescpet Jean Claude Trichet
Although I am highly sceptical about the currently ongoing system of the European Monetary Union, I really respect Mr Trichet! This is the "good example of monetalism" i.e. not a nihilistic and normative monetalism: Trichetian monetalism is realistic and functional! I really think, among the advanced nations, the US Federal Researve and the European Central Bank are respectable central banks: I seriously despice the other central banks in the advanced countries such as Bank of Japan and Bank of England! All in all, Mr. Jean Claude Trichet is a great governer! He is from Nancy in the north east of France where I visited once and is famous for Art Nouveau and Jeanne d'Arc. This proves a civilised place nurtures and educates such a civilised person
Yep, as long as the EU is willing to amend the current unstable structure of the EMU, the Eurozone economy will develop further and take an initiative in the global economy.
I am totally apathetic about the ideological issue, but I strongly concern about how the newly invented common currency system and the evolution of European unionism go on in the future!
I would say, the Euro is short in the short term, but long in the long (probably and the midium) term!
Mr. Trichet had a right choice to keep a certain level of interest rate unlike BoJ and BoE having setting sizeably low! Furthermore, as the interest rate goes up (what Mr Trichet has done) , the demand of purchasing national debts goes up, and the positive inflation will be encouraged due to repressing unnecessary supply of capital and encouraging a strong capital fonded by the increased saving. As the positive inflation occurs, the nominal wage starts going up by wage burgaining because the price of goods and services eventually goes up so that people have to burgain for their income. But, as the export demand increases the employment won't decrease as the overall productivity goes up in this economic region by rise in the interest rate. Good courage!
Yep, as long as the EU is willing to amend the current unstable structure of the EMU, the Eurozone economy will develop further and take an initiative in the global economy.
I am totally apathetic about the ideological issue, but I strongly concern about how the newly invented common currency system and the evolution of European unionism go on in the future!
I would say, the Euro is short in the short term, but long in the long (probably and the midium) term!
Mr. Trichet had a right choice to keep a certain level of interest rate unlike BoJ and BoE having setting sizeably low! Furthermore, as the interest rate goes up (what Mr Trichet has done) , the demand of purchasing national debts goes up, and the positive inflation will be encouraged due to repressing unnecessary supply of capital and encouraging a strong capital fonded by the increased saving. As the positive inflation occurs, the nominal wage starts going up by wage burgaining because the price of goods and services eventually goes up so that people have to burgain for their income. But, as the export demand increases the employment won't decrease as the overall productivity goes up in this economic region by rise in the interest rate. Good courage!
Saturday, July 10, 2010
The 5 conditions to join the European Monetary Union
There are the 5 conditions:
1. High trade frequency with the Eurozone
2. Flexible Labour Mobility
3. Harmonised Business cycle with the Eurozone's
4. Sophisticated fiscal policy and a long history of the tight monetary policy
5. Political integration.
The score for the UK:
1. Tick!
2. Tick! But, conditional. The UK should stop the unfair welfair distribution system! The way to select the individuals to gain the benefit much more carefully...
3. No. The financial regulation system has to be more centralised and controlled by the mainland EU.
4. Not too bad compared to Mediterraneans.
5. Conditionally tick. Depends on how the USA reacts, and how the EU performs in the diplomacy. In addition, the nuclear issue is a big matter! The UK nuclear technology sharing must shift from with the USA to with France. All the nuclear plants should be owned by the EU gov't!
The biggest challenge for the UK to join the EMU is the question No. 3. The UK has a strong trade tie with outside the EU, and the UK industry has been sustained by her remarkably famous very liberalised financial market. It'll be a big challenge for the UK citizens to abandon their tradition as the centre of internationan financial market... In addition, the problem of the question No. 5 is France.
France has to abandon her nationalism! France has to make the nuclear technology shared with the EU gov't!
>I'd be keeping an eye on German politics. They are paying for the Greeks and others.
I think (and feel) the continental Europe will survive with the EMU. In fact, meanwhile the EMU needs to enforce transformation (It will be oppressive) to the European Federalism, the economy eventually will be stabilised and face an economic recovery in 2014.
Creation of the "Eurobond" is better than enforcing one country or a few countries to transfer their tax revenue.
If I were the EU governor, I would have made all the Eurozone countries to DEFAULT in order to abolish all the national debt of these member countries. Then, all the fiscal stimulus packages should be paid off by the "Eurobond" i.e. collective responsiblity among the all Eurozone countries. This way will give much better prospect for the economic growth inside the Eurozone so that the Golden Role will be encouraged. In this way, the Eurobond will be more popular to be purchased so that the EU finance will be much lucrative.
In addition, I wonder how the USA reacts, and how France is willing to share the nuclear issue with the UK.
* The advantange for the UK to join the EMU:
1. Becomes easier to establish a branch of Europe in the UK and of the UK in Europe.
2. Financial market is more integrated with the EMU countries so that the risk of shock in the financial market is shared among the EMU countries
3. If the Euro-bond is created (This is the final condition to support joining the EMU!), the UK will take an advantage of the credibility of the Euro and the Euro-bonds (Creating the common currency also requires the common bond i.e. abolishing the national debt system)
But, whereas there are various advantages, I am a wee bit still sceptical about this integration...
1. The power of trade unions need to be diminished (Which is good, but the wage bargaining power of labourer in the entire EMU needs to be 10% or below so that the riot of labourers may occur)
2. The fiscal policy should be dictated by the EU central gov't, and weaken the dicision making power of the national gov't (especially during the first step of the estabilishment: It can allow more decentralisation after the status-quo of the EU federation is stabilised)
3. Immigration law for non-EU skilled labour force will be much stricter than now so that I am wondering if """I""" may have a disadvantage :( (This is the statement the UKIP put emphasis on)
Why The United States, Europe, and Japan are heading toward deflation, a classic prolonger of crises. further?
If I were a governor of central bank in any of them, I would have "INCREASED" the interest rate rather than putting it down to the zero rate...! :(
We'd rather better "restrict" money supply to increase the value of currency and increase the interest rate to encourage the trade of national debts! The investment rate won't increase due to the liquidity trap anyway so that we'd rather better decrease the excess supply (of capital), i.e. cutting down the unnecessary supply in a Short run. In the middle run, as savers gain the interest rate, unnecessary enterprises will be closed down, some productive enterprises will put a prise rise so that labourers (mainly unions) will also start bargaining for their wage, etc in the middle run.
Speaking of national debts, we'd rather better increase the interest rate in order to stimulate the demand for buying debts as a traded equity. As the interest rate starts going up it means the price inflation of these bonds. As the inflation of commodity, i.e. national debts, people start buying them and trade each other. As the exuberance to buy a national debt is encouraged, the public fonding is coming into the gov't budget i.e. the Golden Role occurs.
Are the bunch of buggers working in these central banks and major financial institutions real elites? I often think I'm much superior to them? Ain't I insane to say that?? Oh, God...
>will be the biggest challenge to democracy since the Second World War.
As I said in my blog, according to Kondratieff, we are now in the "Winter" which will cause the huge mass destruction as same as WW2 and Spain-America War. Until reducing the excess supply of capital and discovery of a new techology and/or a new natural resource take place, the winter won't end.
>I really do not think governments will be able to take the people with them when it comes to reducing our respective deficits unless the private market fills the gap.
I always claim people that the IS-LM model fails! It is useful to demonstrate a plausible explanation to indicate how the monetary and fiscal policy work. However, this model isn't proven by any statistic analysis. As Prof. Paul Krungman said many economists say lie. The IS-LM model always encounters the simultaneous problem (impossible to predict the change by using explanatory variables because these explanatory variables are also influenced by the dependent variable) and depends on the "sensitivity" of variables e.g. interest rate, tax, etc. As a matter of fact, I should be called a radical government sceptic. Although I admire the analyses introduced by J.M. Keynes, the possitive planning always suffering from "sensitivity dependency", "effect lagging", "violation of equity", etc.
If I were a governor of central bank in any of them, I would have "INCREASED" the interest rate rather than putting it down to the zero rate...! :(
We'd rather better "restrict" money supply to increase the value of currency and increase the interest rate to encourage the trade of national debts! The investment rate won't increase due to the liquidity trap anyway so that we'd rather better decrease the excess supply (of capital), i.e. cutting down the unnecessary supply in a Short run. In the middle run, as savers gain the interest rate, unnecessary enterprises will be closed down, some productive enterprises will put a prise rise so that labourers (mainly unions) will also start bargaining for their wage, etc in the middle run.
Speaking of national debts, we'd rather better increase the interest rate in order to stimulate the demand for buying debts as a traded equity. As the interest rate starts going up it means the price inflation of these bonds. As the inflation of commodity, i.e. national debts, people start buying them and trade each other. As the exuberance to buy a national debt is encouraged, the public fonding is coming into the gov't budget i.e. the Golden Role occurs.
Are the bunch of buggers working in these central banks and major financial institutions real elites? I often think I'm much superior to them? Ain't I insane to say that?? Oh, God...
>will be the biggest challenge to democracy since the Second World War.
As I said in my blog, according to Kondratieff, we are now in the "Winter" which will cause the huge mass destruction as same as WW2 and Spain-America War. Until reducing the excess supply of capital and discovery of a new techology and/or a new natural resource take place, the winter won't end.
>I really do not think governments will be able to take the people with them when it comes to reducing our respective deficits unless the private market fills the gap.
I always claim people that the IS-LM model fails! It is useful to demonstrate a plausible explanation to indicate how the monetary and fiscal policy work. However, this model isn't proven by any statistic analysis. As Prof. Paul Krungman said many economists say lie. The IS-LM model always encounters the simultaneous problem (impossible to predict the change by using explanatory variables because these explanatory variables are also influenced by the dependent variable) and depends on the "sensitivity" of variables e.g. interest rate, tax, etc. As a matter of fact, I should be called a radical government sceptic. Although I admire the analyses introduced by J.M. Keynes, the possitive planning always suffering from "sensitivity dependency", "effect lagging", "violation of equity", etc.
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