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Started By
Message
re: Michael Burry: The white collar employment bubble is bursting right before our eyes
Posted on 9/26/22 at 12:00 pm to LNCHBOX
Posted on 9/26/22 at 12:00 pm to LNCHBOX
quote:
From the guy that gave up his Saturdays for 4 years, I'll take the "complement"
Well, I did double my salary in those 4 years, so maybe I was blinded by the money they were throwing at me. But yeah, it took me 4 years (3 1/2 technically) to realize money doesn’t make you happy.
2
Posted on 9/26/22 at 12:02 pm to Earnest_P
quote:
So is the white collar bubble bursting or not?
I didn’t even realize we were in one, but I will admit this thread has given me a better appreciation for the place I work that doesn’t expect us to work more than 40 a week very often.
This had the potential to be a great thread, but a few posters can't stop throwing up on their shoes.
Posted on 9/26/22 at 12:04 pm to BugAC
Pretty fast lunch, get back to work.
Posted on 9/26/22 at 12:08 pm to Mo Jeaux
quote:
You don't feel bad about the economy entering into a recession and people losing their jobs?
The economy is entering a recession precisely because of the overreaction to Covid, which encouraged the WFH movement.
Posted on 9/26/22 at 12:17 pm to LNCHBOX
You’re so sad.
Posted on 9/26/22 at 12:18 pm to LSUFanHouston
quote:
This had the potential to be a great thread, but a few posters can't stop throwing up on their shoes.
quote:
LSUFanHouston
It just got worse.
Posted on 9/26/22 at 12:19 pm to BugAC
My lunch lasts longer than 24 minutes, who's really the sad one here?
This post was edited on 9/26/22 at 12:20 pm
Posted on 9/26/22 at 12:22 pm to LNCHBOX
Are you a child? Or just the emotional capacity of one?
Posted on 9/26/22 at 12:25 pm to BugAC
Call me a child again, maybe it'll stick this time.
Posted on 9/26/22 at 12:36 pm to TDTOM
quote:
It just got worse.
quote:
TDTOM
I haven't read the entire thread... but I'm confident you got the out of touch boomer position on lock!
Posted on 9/26/22 at 12:39 pm to BugAC
quote:
Well, I did double my salary in those 4 years
Places that do that shite don't pay well so now you are a dumbass and a liar. Congrats
Posted on 9/26/22 at 12:44 pm to Mingo Was His NameO
quote:
Mingo Was His NameO
K
Posted on 9/26/22 at 12:48 pm to tiggerthetooth
Crappy employees will get fired if good mangers do their job and are results driven. If the results are there, who cares where you work.
Posted on 9/26/22 at 1:06 pm to Mo Jeaux
quote:
Yeah, it's unclear what Burry means by "culprit" here as it relates to WFH.
Its crystal clear. White collar jobs are on a down slope for some time to come. Because execs are quickly catching on to the fact that WFH folks arent that critical, and those jobs can be lost or absorbed
Then we go thru a period at the bottom, where people are just thankful to have a good paying job, and not bitching about the work load. So hiring become stagnant
All because of the exposure created by WFH
Posted on 9/26/22 at 1:28 pm to tiggerthetooth
Sounds like efficiency bubble is offsetting the WC employment bubble; technology, AI, inflationary pressures have their fingerprints on this, I suspect.
WFH role not clear to me.
WFH role not clear to me.
Posted on 9/26/22 at 1:52 pm to BugAC
quote:
You want to be paid hourly, but with the benefits of a salaried position. YOU CAN'T HAVE BOTH!!!
Actually you can if you choose to not work for a douche bag. There are a lot of us out there. Don’t be bitter because the world isn’t making other people take the shitty path it made you take.
Posted on 9/26/22 at 1:58 pm to GeauxxxTigers23
quote:
The economy is entering a recession precisely because of the overreaction to Covid, which encouraged the WFH movement.
Nah.
Posted on 9/26/22 at 2:01 pm to RobbBobb
quote:
the fact that WFH folks arent that critical, and those jobs can be lost or absorbed
That's your opinion, not a fact.
Posted on 9/26/22 at 3:00 pm to Abstract Queso Dip
quote:
Have you heard of zoom.
yeah bro I use that stuff all day - we are often on calls with participants from 2-3 continents
There is a sense of discipline that comes from requiring shirts tucked in and 8am arrivals. There is plenty of body language that cannot be seen in a camera.
but you do you, keep them yoga pants on such.
Posted on 9/26/22 at 3:11 pm to tadman
quote:
yeah bro I use that stuff all day - we are often on calls with participants from 2-3 continents
There is a sense of discipline that comes from requiring shirts tucked in and 8am arrivals. There is plenty of body language that cannot be seen in a camera.
i have a collared shirt and camera on every day.
can't say the same for pants.
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