101keyboard's comments

And over 20 years later...

https://www.youtube.com/watch?v=P9AVu6KupNg

(English subs are very very bad)

" IMO the best country in the world,"

porque maloqueiro, porque?

(I wanted to buy an apartment in Lisbon but is has become too expensive)

Calm down. Yes, some things are shit in Portugal. €0.2246 per kWh is not cheap but it is not crazy high.

"Renewables account for 72% of Portugal's consumption in 5-mo 2021" May be important for the future

I know real estate prices in Portugal are crazy. 500k in a city and you get a golden visa. Hence every decent apartment is 500k or more. In a country were the minimum salary is around 500 euros.

Look the the future. Portugal can and is attracting an nearly infinite supply of young people from Brazil, Angola, Mozambique. The future is good. Likely better than Italy.

Use Chromium. Also you should use several browsers anyway.

"In my line of work I meet plenty of lapsed physicists. These are people with physics degrees, even physics Ph.D's, who don't do physics. Instead they're usually some sort of programmer, or occasionally some version of a quant."

I now PhDs that became High School teachers and they were some of the most gifted. I know PhDs that wait tables to make ends meet.

I think if the guy has fundamentally not understood what Peter Turchin was talking about. They are getting priced out of the housing market, won't ever be able to afford to buy a house. Even raising a family might be difficult. At the same time you pay for services for the boomers and a retirement and social security that yourself might never see.

IBAN EU Transfers have to be free by law AFAIK

Instant transfers may cost fees

Europe is bigger than EU.

My Citi Dividend 1% Cash Back card allows me to create Virtual Cards for such things.

Any other cards anybody can recommend?

I don't understand the question. But regarding the street in Brooklyn (this interview as in Europe), obviously they did not believe I really got a PhD there and lived there. Totally insane. Today I would walk out in such a situation. At that time I answered like a diligent student.

" Good companies grow and need more employees."

Yes. But it is incredibly hard to get into a good company.

"and let me also say that if the market for lemons accurately describes the labor market, why is it that tech is the only industry with such broken hiring practices? "

In other "tech" industries it is the same. How do you get into a blue chip company?

1. contacts of your parents

2. contacts of your professor at University

3. you work for a start-up that they buy

In my experience this is true for 9/10 people I know.

I did my PhD in NYC and I once was asked in an interview for a med-sized medical company what the street name in Brooklyn is with all the hipsters. Think deeply what could be the reason for such a question.

No, it does not. It is information asymmetry.

A good employer assumes that only bad employees are left in the market. As do good employees think that only bad employers are looking via job ads.

Hence more and more god jobs are filled via referrals from fiends etc. I basically think the same about job ads. Why bother applying?

Well, they assume you are a lemon. This is why the job market has basically collapsed.

https://en.wikipedia.org/wiki/The_Market_for_Lemons

"until this point, we didn't even talk about money"

Big mistake. For years I was desperate for a job (STEM PhD). Now it would be my first question to ask. And I ask this on the phone before I would even bother to go for an interview. But again, now I don't need your shitty job. Chances are, you need me more than I need you.

I remember when I talk to a company once on the phone. Besides that I did not really like the salary, I realized I would not be able to do the job since it was basically two jobs and their chances of success were much slimmer then they were assuming. Didn't bother to go on. But the HR guy said, please apply, worst thing that can happen is that we don't hire you. WRONG. Worst thing that can happen is that I get treated disrespectful in an interview and that I waste time. Most companies value your time with zero.

And if you applied already you ask in the first phone interview why they think you are suited for the job. You would be surprised how many people have you come in without ever having looked at your resume and then tell you that you are not a good fit based on your resume in the interview. It is basically the first time they look at it.