beaunative

A regular person is way more at risk with their data collected and analyzed by their own government than a foreign one.

Propaganda shouldn’t be the excuse for an echo chamber. It’s not much better one or the other anyway

Propaganda is common though. Many companies have their own newsletter and plenty do paid advertising, some in subtle ways. Plenty of scientific research is paid for by companies for their own gain. Authors are destined to propagate their own opinion and mind. That doesn’t however means anything that’s not complete neutral is pointless. An echo chamber is very much like propaganda, few people is going to speak out against the majority. Our training should be to obtain useful information from the massively available information, not disregard everything.

Hmmm. I'm sure there will be an impact, but don't think it would be that significiant. A global talent pool of top engineers who can join the competition is already quite limited, and a fair share of them is already in the US, whether born there, on visa, or have immigrated. It shouldn't be ignored that major companies like Google, Microsoft, Airbnb, or even Duolingo has already been operating in multiple global offices for years, that includes all those consulting agencies who's done that for god knows how long.

Some founders, and engineers, have those sort of fantasy that they can hire with way lower wages or something like 1/3 of the cost for equally qualified engineers. Wrong, immigration isn't that hard, even easier for Canada, it will take time, but people might be willing to gave up 25% or even 30% of their salary to live in a place that's of lower cost, where their family reside, but they are not going to gave up 2/3 of their salary, when they could have immigrated fairly easily. The cheapest and easiest way is probably to attend a shitty school and graduate, the only cost is time.

The only impact I see is it's now way easier for smaller companies to hire and operate a team globally, even for 3-5 people, previously it was reserved for major corps and giant consultancies.

People sometimes tend to ignore that people create value for the company, not the other way around.

Also just as a side note, many countries in this world have company-paid salary tax (somewhat similar to FICA, but are paid at a much higher percentage in some places). This often gets ignored in salary comparison.

Pollution's gonna happen somewhere unless the way we manufacture changes radically. The US never solved the problem, it just outsourced it. Overall, I think progress's been made.

If you set USD as the base currency then there is going to be exchange, as such there will be fluctuations, so yes. Yet there is risk just holding on to USD as well, perhaps it wasn't so evident because you consider USD as the default.

I just read all three credit bureaus removed medical bills from their report.

This is false. Anyone's prediction for long term exchange rate is CNY's relative value to USD is getting higher, do note the PPP rate of CNY is around 3 for one compare to exchange rate roughly 6 for one. So unless you are doing super short term, these are fluctuations, not risk.

I don't think this is stupid on Russia's side. No one's going into war thinking they are going to lose. In this case at least, if Russia does achieve their goal, being temporarily beholden to Chinese' financial system for international trade is an acceptable solution for the time being, they are otherwise beholden to the US as well, what's the difference?

Shouldn't you be able to open CNY account in a HK bank?

Inflation is 7%, and interest for money market fund is 0.01%.

Meanwhile in China, inflation is less than 1.5%, interest for money market fund is 2.4%.

You earn risk-free 0.9% if you hold them in CNY. You lose 7% if you hold them in USD.

Your choice now?

That's only going to matter if they are buying outside stuff (like Oil). It does not matter to domestic market.

Are you serious? Dollar is free floating as there is no central bank deciding monetary policy? Who's printing all the money, and buying in the stock market, and have us witness the 7% inflation? Chinese Yuan is only different in a sense they consider USD's relative value in their monetary policy, while the Feds mostly cared about other factors.

All countries are concerned only with themselves.

You do realize if you use credit or debit card, your banks gonna know, so therefore your government? Let's not pretend using WeChat/Alipay is somehow better or worse for that matter.

Jack Ma is very much a entrepreneur for what he's achieved. Oligarch carries to much negative connotation and should be referred to someone or a family who controls a crucial industry because of sheer monopoly.

I wouldn't say it's just an account. You can do offline exchange much in the similar way to a paper currency.

Those accounts are still annoymous to both parties in transaction, not to the central bank. I would say it's much more annoymous than a traditional account, a credit card or debit card, but probably not as annoymous as cash.

Also, it's naturally fee-free, you don't pay ridiculous account maintenance or transaction fee.

this probably sounds more like a joke, but we could say the whole tech industry only exist because of the ageism in almost all other industries.

I really don't think this is the kind of ageism we are suppose to fight. You need to convince people with your past projects, sadly that's a thing for an experienced hire. Fresh graduates from not so fancy engineering school are not exactly immune to this kind of problems. It's easier to do you old job in a tech company and maybe transition to become a developer there then to look for a career change out in the wild, at least, people would already know you.

well, i'd say that's capitalism.

I think the whole fiasco about labor regulation is as misinformed as most other issues about other countries are presented in the US. China's labor protection isn't ideal. However, the US has its own share of failures when it comes to labor protection.

China arguable has better protection when it comes to mandatory severence pay and most workers don't work by the hours, or depend on the tips to survive. On the other hand, China don't have hyper-active unions, overtime limits are not strictly enforced. However, I remember reading a piece about a janitor in San Francisco who worked so many hours he's getting paid more than a regular programmer. So when it comes to that, regulations can't do much when someone's determined to get that overtime .

The core thing is, however, a lot more Chinese workers are willing to work that overtime and get that extra pay without complains, and the cost of living is simply way lower.

For an outsider, $15 per hour in the bay may seem high, but even if you work the full hours, you can save very little after housing and food. However, those workers in China are housed, fed, and they get to save all that they get.

This isn't poor logic, the whole climate and lack of factories is the U.S. problem. Those factories didn't magically disappear in the US, and reappear in China overnight or made the move on their own. This is the result of decisions made by both the business and political leaders of the country.

cut them a break. no body's gonna to update a 2017 blog post irl, and last I checked a majority of the bloggers just use Wordpress, not exactly their problem.

There isn't a government that don't allow free market at all or offer no public program at all, at least most aren't. Of course ideology isn't religion, but there are people treating it like one. Practiced within an ideological framework is a lot different from what I'm describing here, framework is a vague word, and implies a mix of positions.

clean is not a bad thing, and urine in public spaces is certainly dispicable. Generic discussion about control is pointless without taking accounts of specific measures and situations.

sustainablity doesn't mean independece of outside economy, it looks weird in SG case, but it's how sustainability is measured across the world, the ability to keep existing econologically rather than economically even though it relies on foreign trade to satisfy even the most basic need

I think it's absurd we are still talking politics based on ideology, as if it's some religion. It isn't, and it shouldn't be. Most of the countries in the world today have some government-subsidized program, and also have a market. The truth is ideological fanatics don't really have a place in today's world, but somehow that's the easiest way to reason and rally the population. I believe in free market, I believe in socialism, but there is always a lot more to a policy than those seemingly two sides of a coin, and much work need to be done, perhaps that's the kind of thing that most people can easily understand, therefore more slogan-ish than useful.

I can sort of understand where it might come from, but with that one example it is difficult to comprehend exactly what it's like.

I guess if it comes to that, I would say the only reason home ownership is measured in such a way and thus a meaningful metric, as a percentage of the population rather total number of units which sounds silly already, is to measure the easiness for the young to build a life. Ownership rates bears little to no meaning if we are considering it in the frame of investment wherever you are.

I feel that would be the case for most countries and places though. That's not so obvious, a local college degree will almost always work better than an non-local one.