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by surgical_fire 247 days ago
> Actually it’s everybody’s problem, since job inflexibility is one of the reasons why Europe is so poor compared to other first world countries.

Except it is not. I chose to live in the EU when I had the option to move to the US, and it is fine.

Unless your measurement of "being poor" is that you can't exploit people in a get rich quick scheme and make destructive amounts of money but being acquired or dumping your IPO in the stock market.

1 comments

We are talking here about businesses with say 10 employees that go through dire straits and can’t fire people to survive. The only solution is to close down and lay EVERYONE off. IPO? Get rich quick scheme? Why is hyperbole the only response to this actual issue?
Again, of the business with only 10 employees cannot survive, it was due to the incompetence of those managing it. Part of a healthy economy is allowing businesses to fail, so that others can take its place.

If demand for those services exist, other businesses will take it. If the demand is not there, the business should not exist.

How your reply is related to the previous point of "Europe being poor" is for anyone to guess.