No Child Labor Here

Tyler Durden's picture

At least Chinese retirement funds don't have to worry about a cash outflow crunch any time soon. Tangentially, perhaps BlackRock can create a 3x levered ETF tracking the profitability of Chinese fake birth certificate and driver license fabricators?

From Bloomberg: "Employees are seen at the end of a work day outside Foxconn Technology Group's compound in Shenzhen. Many of the younger workers the company hoped to employ don’t want to work in factories, said Auret van Heerden, chief executive officer of the Washington-based Fair Labor Association."

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Dollar Bill Hiccup's picture

Perhaps this is the Chinese version of "No Child  left behind".

redpill's picture

On the bright side, they weren't aborted.

TruthInSunshine's picture

Fret not, because the infrastructure installation in the rest of the world hasn't slowed down during the Great Repression, and there's always a bountiful slave commodity market somewhere with employees willing to work for what the Foxconn slaves used to (or less).

Manthong's picture

The noodles are actually pretty good.

ParkAveFlasher's picture

Shenzhen?  I thought that was class letting out at Flushing High School.  (Queens NY joke, sorry.)

t99williams's picture

No kidding ParkAve!  Several years ago I got off the 7 train in Flushing for the first time since I was a kid and was shocked at the change.


Stackers's picture

Well there is only one stone age culture left on the planet to exploit for cheap labor now. Next stop Papa New Guinea Cannibal Hill Tribes !!!

SafelyGraze's picture

they are simply taking a short break from their managers' meeting


Titus's picture

I wonder how many of those "adults" could get someone charged with statutory rape in the US?

Frozen IcQb's picture

They can start with tracking Obama's fake birth certificate

Kirk2NCC1701's picture

Baghdad Bob:  How can you say such a thing!?  Many of these are poor orphans, who now have socially-responsible corporate sponsors.  They are happy.  They belong.  They strive to be all they can be, thanks to their generous sponsors.

sluggo's picture

No.....But their sisters were!

TruthHunter's picture

I count 7 girls and 9 boys...Girls are over represented. Would it help to dress in drag

to get a job?

akak's picture

How can you tell?

All I see are copies of the same androgynous clone.

Quantum Nucleonics's picture

9-7 is about where China is, 1.28 boys/girls, which is a demographic disaster.  The natural ratio is 1.05 boys to girls.  There are a lot of people in China now, but if you extrapolate the very low fertility rate with the skewed gender ratio, it gets pretty ugly for China demographically-speaking in a few decades.

kalasend's picture

Sigh...only if you had heard stories about the aborted second childs...if fines couldn't be afforded, that is.

Ahmeexnal's picture

By the looks of their youth, China is screwed.  That bunch of obese, drug addict, self entitled kids depict the future of their country.

kito's picture must be looking at a picture of a local high school in the u.s.......................................

Ahmeexnal's picture

Kito, my mistake....forgot to append the /sarc tag

kito's picture

no sarc needed...just wanted to clarify your thoughts for the others.......  :)

eclectic syncretist's picture

Sarcasm, I thought it was satire?

- Quit reading this Ben and get back to your printer.

drink or die's picture

Apparently some people are too dumb to look at a picture, read your comment, and use critical thinking to apply their own sarcasm tag.  Must be the drugs.

insanelysane's picture

"Apparently some people are too dumb to look at a picture, read your comment, and use critical thinking to apply their own sarcasm tag.  Must be the drugs."

This doesn't sound like sarcasm to me.

Dr. Engali's picture

If people need  the sarc tag after this long they will never get it. I say screw the sarc tag and if they don't get it that's their problem.

Snoopy the Economist's picture

Really? So I have to try to figure out what everyone is 'really' trying to say? Don't you think clarity resolves untold millions of misunderstandings?

fonzannoon's picture

snoopy you forgot your "sarc" tag


fonzannoon's picture

Hey guys, check this out...

"Panera calls it the Meal of Shared Responsibility".....

as an edit. Here is a Yelp review. What this customer found out happens after 6pm I saw yesterday the one by me no longer accepts anything over $20 from now on.

Arrived at 6:15pm and placed a $31 order. When I presented a $50 bill to to check out, I was told they do not take anything over a $20 after 6pm. I asked for the manager and pointed out it was only 15 min past six, the change due me was only $19 and there was no sign or other notification posted. She DID NOT CARE. When I explained the fifty was the only money I had on me, she said I would have to go find change elsewhere and come back. Not a chance!!! I went next door to SmashBurger and enjoyed a great meal.

If you just can't live without the brainless service at Panera Bread, take a bag of pennies with you if you go after 6pm. Not all U.S. Currency is accepted there.

irie1029's picture

Have you read the sodium content in thier crap.  Yuck 

kito's picture

fonz....only vampires use counterfeit bills???

fonzannoon's picture

Kito I have seen those signs everywhere. If I was in a cash business profession and had a lot of those large bills I would be in panic mode.

edit -  "business profession"?

I'm leaving it. Sometimes it's good to illustrate your own stupidity.

kito's picture

its just funny how they wont take the large bills after if all of the counterfeiters are waiting for the sun to come down to pass their funnymoney......................

fonzannoon's picture

Yeah I am busy but I laughed my ass off at the vamp comment

akak's picture

"Large bills"?

What is a "large bill", when the $100 bill today has the same purchasing power as a $20 in 1975?

In the USA, at least, there is no such thing as a "large bill" --- unless you happen to have one of the old (and long out of circulation) $500 or $1000 bills.

kito's picture

with the middle class evaporating and the new welfare class growing by leaps and bounds, even $20 bucks is considered a "large bill".......

Telemakhos's picture

Accepting only 20's and under lowers the cash they keep on hand at night for making change. They think, perhaps rightly, that the chances of being robbed are lower for being known to have less cash in the drawers (the day's till already having been deposited) and that robbery is substantially more likely at night than in the daytime. These policies usually obtain only in more diverse (socioeconomically, of course) areas and in establishments targeted at middle and lower class customers. It has nothing to do with counterfeiters.

ronaldawg's picture

If you have $100 or $50 after hours go to a grocery store that has automatic checkout lines (or Walmart) - these bills will work in their automatic bill readers (even though it says $20 or lower).  In So Cal I have never failed at Ralphs, Vons or Walmart.  I guess those stores REALLY want to be paid.

LFMayor's picture

naw, just tweet pics from this past weekends Magik the gathering party he hosted in moms basement. /sarc

MiguelitoRaton's picture

"Asians just look young, trust me." - Tim Cook

RacerX's picture

China: The Paper Tiger

Kirk2NCC1701's picture

Baghdad Bob:  They are all of legal working age.

Ahmeexnal's picture

Bangkok Banjit said the same thing.

Shizzmoney's picture

China having an affordability crunch happening too in their rents; they are kicking people out of Shanghai slums (where rents are affordable):

Govt slum clearing plans in leaves migrant workers wondering about next move

Frank N. Beans's picture

chinese don't wrinkle.  these guys are in their 40s and 50s.

Hobbleknee's picture

They look old enough to work to me.  The prolonged adolescence that is promoted in the West today is not healthy.

Big Corked Boots's picture

No kidding. I had my first formal job at 15... did informal labor years before that.

toys for tits's picture

They're just imitating Stanhope, Queensland, Australia.

tokengator's picture

clearly photoshopped. All those people in the photo are the same person. 

diana_in_spain's picture

how come in greece there is 60% unemployment among the young but in china  all the employees are young?

ronaldawg's picture

Southern Euros are lazy - next question....