2014-08-31wolfstreet.com

A group of people, apparently security guards at the Apple Store, staged a sit-in, as freelance journalist Julia Carrie Wong live-tweeted from the event -- to protest low wages. Holding up signs, they sat around in a circle inside the store, at the foot of the glassy stairs leading to the second floor. To the bafflement of customers and the consternation of employees, they sat there for over an hour... police officers, of whom there appeared to be more than protesters, decided to step in. San Francisco doesn't have a lot of patience with this sort of thing in front of an Apple Store.

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The tech bubble and the housing bubble, nurtured by the tsunami of hot money that years of QE and ZIRP from central banks around the world have unleashed and that has washed over San Francisco, collided with frustrated people who represent much of the American reality



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