Lootifer wrote:BigBallinStalin wrote:Lootifer wrote:Phatscotty wrote:Lootifer wrote:Haha, I imagine live very comfortably off $2000/week disposable income (after tax). I know I would be pretty happy about that.
But can you really understand what you would have to do to earn 4,000/week? I mean, let's speculate a little, as I'm gonna guess it's not a 28 or 36 hour work week.....and I'll also guess you don't get to sleep in. Probably a job in the city too, but maybe not, so then what time do you have to wake up to deal with traffic in Los Angeles?
And who are you working for? Are you working for yourself and your family? Or are you working for someone else?
Depends on how much money you currently have; the ole adage of "takes money to make money".
In NZ you could easily (I think) make around 400k by being head of a business unit in a fairly large organisation; for example CFO or something similar. I know a few of these types and sure they work hard, but thats not really why they get paid that much; they get paid because of their responsibility and their intellect/skills (or more specifically their history which shows them to have a high intellect/skill level).
Didn't you say awhile ago that CEOs were in a 'good ol boys' club which colluded internationally in order to increase the price of their labor?
Haha, touche.
However I think there is a significant difference between level 1 (CEO) in a major corporate (see list of companies J_B hates), compared to a level 2 (exec team) in large corporates (major >>>>>> large). The labour market is much more liquid. I personally think there is some critical lack of liquidity (or barriers to entry if you will) at the CEO level in major corporates that has lead to them having the aforementioned old boys club, and thus effectively creating some kind of market failure (from a point of view that considers social apsects as well of course).
I can easily imagine that as well, but it's a difficult position to believe without some good evidence.
You're talking about a scheme involving possibly hundreds of executives directly and probably thousands or tens of thousands of employees and mid-level managers indirectly. It reminds me of the NASA Moon Landing conspiracy. Remember if you rewind the footage at a certain speed, then you can see that the astronauts are actually walking. And if you look closely Michael Jackson was doing the moonwalk in the background by the cliff face near the horizon.
[/85% tongue-in-cheek]