3,541 karma · joined September 16, 2014
Third world countries (say, Sudan, India) can print money like Japan and US, but Saudi doesn't to swap their oil with Sudanese pounds. Now you see where this logic is leading to: as long as real asset holders are happy to part with their real assets for dollars/JPY, debt-to-GDP ration can stay 1000% or 10000%.
One can say 'give voice and agency to those who want to make peace with the two-state solution'; then, make peace with these groups. I am not so confident on this adventure. Even the late Prof. Edward Said, who every postcolonial and postmodernist professor and student adore and worship, wanted a bi-national Israeli-Palestinian state, a variety of the one-state solution. Look at some version of a bi/tri-nationalism in the neighboring Lebanon: Hezbollah dictates the Lebanese govt.
How many of them are on watch lists? Maybe, 100 to 200. Even the people who are on watch lists travel secretly on middle eastern carriers by using aliases.
[1] https://en.wikipedia.org/wiki/Avadhanam
[2] https://sampadanandamishra.medium.com/my-journey-with-avadha...
Large companies outsourced to Indian companies like TCS, WIPRO, Infosys, CTS, etc. The latter wants to fill some positions onsite; here, TCS, et al source resumes from these 'shady Indian outfits'.
Also another phenomenon I observed: companies want presence during the US day time, so they outsourced to companies in Brazil and other South American countries. A friend's been out of job for a year, and reached out to an ex-manager at a tech company owned by a PE firm. The manager is willing hire him through the outsourcing company but for South American wages: this company pays $60 per hour to the outsourcing partner, who takes 30% cut. So, that is about $42 per hour on 1099, without any benefits. And this contract gig may last for four months.
Welcome to the new world, where we see three classes of techies: (a) those who work for FAANG and other elite companies/firms (b) those who work for non-elite companies (c) contract work force, whose contracts last for three to six months.
https://crypto.stackexchange.com/questions/39397/one-encrypt...