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.
> Effective July 1, 2022, paid medical collection debt will no longer be included on consumer credit reports.
In addition, the time period before unpaid medical collection debt would appear on a consumer’s report will be increased from 6 months to one year, giving consumers more time to work with insurance and/or healthcare providers to address their debt before it is reported on their credit file.
In the first half of 2023, Equifax, Experian and TransUnion will also no longer include medical collection debt under at least $500 on credit reports.
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?
Still hard, for foreigners who are not residents. You need to get an agent to help you. HK still has "KYC" laws which require you to authenticate your identity, etc.
> You earn risk-free 0.9% if you hold them in CNY. You lose 7% if you hold them in USD.
This is false, you are exposed to risk in changes in foreign exchange rates.
The yuan is pegged to the dollar, so it has the same exposure to fluctuations in fx that the dollar has. (Not to mention the fact that the Chinese government periodically adjusts its exchange rates)
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.
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.
