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That is not how the economy works. If there is enough aggregate demand, they will keep hiring to fullfill demand. If the productivity per worker goes down, this might mean that the Icelandic currency loses a few percent in value, and thus the labour there becomes cheaper, which will balance it out.
That, even if true, has nothing to do with any of this.
The cheaper islandic labor force will certainly increase the export industy's profitability. Finally cheaper fish oil, Lol!
The thread
Companies were forced to pay the same amount, so I don't see why the labour would become cheaper.
Apologies for interfering with ýou debate about labour laws.
Unemployment is a political decision, keeping aggregate demand low to reduce the bargaining power of labour. The rest you will understand if you look up how currencies work, and how their value can change. Just answer me this: How do you provide massages to Iceland from other countries?
Was it massages that provided Icelanders the financial wealth to even discuss reducing their work week?
I completely agree and would also add, anything that weakens the economy is a good thing, given the economy is a measurement that obfuscates the brutality of raw labor extraction and the pilfering of the natural world. Sooner the "economy" shits the bed the better imo.
Mostly. It's a service economy.
These kosher people consider themselves to be the 'economy' so it's something to think about.
I agree that migration is a problem but devaluing these people with words that you use is not making things any better. A person I know is working with migrants (Syrians, Algerians etc.) and says they're the nicest people she's ever met. She also says that contrary to Western men they still have a libido and look and act male as opposed to transgender or something along those lines.
Sure, Refugees Welcome! After Western women bought into the Marxist feminist narrative, demanding equality (but only if it benefits them) and emasculating their men, now women are bored and discover the attractiveness of masculinity in some stone age, patriarchal desert monkeys. White cucks will foot the bill. If I were paid a fortune for illegaly immigrating in another country I would be nice too, but wait how nice they will be when the free sh!t suddenly ends. Far more repulsive than illegal migrants are bleeding heart liberals who justify any aspect of this invasion, lots of them make their living from this immigration industry.
If you look at the data you can see that it is the European populations who are victims of immigrant violence not to mention the financial burden they cause. Claiming immigrants are victims of Europeans is total ignorance or propaganda.
Refugee is a meaningless word. You're a legal or an illegal immigrant. Immigrant crimes against host population is through the roof. Painting these people as victims is just propaganda.
I have little doubt the emasculation is the result of widespread poisoning and overall unhealthy way of life in the West. As for the refugees being nice - whenever I visited any Muslim country, I was impressed by a number of things there, one being their friendliness and hospitality. My friend who works with them (in Bosnia) tells that they're living in hell, freezing almost to death in the winter, being beaten by police, drugging themselves just to survive one more day. So not sure what you're talking about really... To me it seems the reason they migrate is that their countries are getting increasingly difficult to live in, plus an unrealistic image of the West as some kind of a paradise.
