A regular person is way more at risk with their data collected and analyzed by their own government than a foreign one.
Readit Newsbeaunative commented on FCC: TikTok is unacceptable security risk and should be removed from app stores blog.malwarebytes.com/pri... · Posted by u/scanr
beaunative commented on How the Chili Pepper Conquered China sixthtone.com/news/100796... · Posted by u/tosh
Propaganda shouldn’t be the excuse for an echo chamber. It’s not much better one or the other anyway
beaunative commented on How the Chili Pepper Conquered China sixthtone.com/news/100796... · Posted by u/tosh
It's propaganda though.
Some advertisers spend on relevant keywords, others pay for generalized brand awareness. Many do both.
Anything published by a government in a foreign language has an agenda. It's propaganda. In this case, "brand awareness" propaganda.
Maybe the goal is to promote tourism, or to give a boost to exports.
Maybe it's to keep the country/government in the front of foreign readers' minds, to foster a sense of commonality or appreciation.
Whatever. There's an agenda. It's worth discussing and thinking about.
Like with advertising, it's important to know what role you are playing in the publisher's agenda. Accepting the material uncritically is not a neutral position -- it makes you a unwitting player in their game.
You are completely correct that the US does it too, both internally (presidential mythologies, to use your example) and externally (Radio Free X etc etc).
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.
Unless you have to breathe the air in Beijing :)
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.
beaunative commented on Russian firms rush to open Chinese bank accounts reuters.com/business/excl... · Posted by u/mudro_zboris
Define “super short term”?
1 year? 5 years? 10?
Your comment amounts to “yuan appreciation against the dollar is a sure thing”. Which in finance seems like a suspect statement.
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.
beaunative commented on Tell HN: Did you know you can negotiate price on many things? · Posted by u/_njuy
Good point, but makes me wonder how Medical Bill negotiation is on the list at all? How do you walk away from that? I could see some leverage if you're already in collections I suppose.
Edit: The list posted by "MerelyMortal" above.
I just read all three credit bureaus removed medical bills from their report.
beaunative commented on Russian firms rush to open Chinese bank accounts reuters.com/business/excl... · Posted by u/mudro_zboris
> 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.
beaunative commented on Russian firms rush to open Chinese bank accounts reuters.com/business/excl... · Posted by u/mudro_zboris
> The Russians being stupid enough to think things will get better for them
It isn’t about things being better or worse. After being cut off from the rest of the world, China’s financial system is the only other option. So, instead of looking for the best partner, it’s about working with any partner.
And this was predictable — who else could they turn to? But even though they have a new trading partner, the fall in the value of the ruble will extend to these new transactions. This all serves to reinforce the asymmetry in the relationship between China and Russia.
But again, the Russians don’t have many choices here.
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?
beaunative commented on Russian firms rush to open Chinese bank accounts reuters.com/business/excl... · Posted by u/mudro_zboris
So far it's Xtremely difficult for foreigners to open an account in Chinese banks.
Shouldn't you be able to open CNY account in a HK bank?