Posts

Showing posts from March 12, 2013

Max Keiser Report: Walmart Prison Stores

Image
Walmart treats customers and employees like they are disposable . Emplyees working full time cannot afford their insurance . One evalutation and possible raise per year means it will take a beginning employee 5 years before than can make 10 dollars an hour. And , that will happen ONLY if they get the highest raise Walmart gives . Supervisors make less than 10 dollars an hour . As we always said when I worked there , they only survive by sheer volume and skin of the teeth organized chaos In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss ripple effects and sinkholes in the 'just in time poverty' model in which Walmart's empty shelves could be turned into 'Love Hotels' for Japanese tourists. In the second half of the show, Max Keiser talks to Gail 'The Actuary' Tverberg of OurFiniteWorld.com about peak credit and the sinkholes of ever increasing capital required to just maintain our economies.