This is the crux of the problem. The value of US treasuries and the USD is based on the trust of the world in the US. Now, who knows what will happen to the USD. Will have to wait and see.
According to Reuters, U.S. Commerce Secretary Howard Lutnick said that the $100,000 charge would apply annually for each of the three years of the visa’s duration, and added that the details were “still being considered.” The H-1B visa is a U.S. work visa that allows companies to employ foreign professionals in specialised fields like technology, engineering, and medicine. Indians account for the largest share of H-1B visa holders, making up 71% of all beneficiaries in FY2024.
If you hire someone to train them, you can pay less (say perhaps $70-80k) and also include in the contract some penalties if they stay a specific amount of time, say longer than 6 months and less than 2 years. And the so-called training is probably bullshit anyway. The problem here is probably not the pool of candidates. It's probably the wage not matching the market, the location of the gig, the gig itself, or the company being too picky.
Training would perhaps be at 50K/yr USD in current environment, and it would be not too many taking up in US environments. In developing nations you can get equivalent training talent at 10K USD/yr, and equivalent fully-trained at 50-80k USD/yr en-mass.
Russia invaded Ukraine. To stop the killing, all Russia needs to do is get out of Ukraine. Ukraine is a sovereign country, Russia has zero authority over Ukraine.
The west doesn't make Ukraine sovereign. Western companies will extract resources and use the people for cheap labour. Not a single sane Ukrainian person is waiting for this.
The vast majority of "anti Semitic attacks" have been perpetrated by Israelis or Zionists to stoke anti Islamic sentiment or encourage the narrative that "Jews aren't safe". There are tens of thousands of examples spanning the last forty years. Most recently in Australia, a spate of anti Semitic attacks were claimed, but found to be run by criminal gangs with Israeli Mafia ties. This plays directly into Israel's work against Iran, and stinks of a Mossad operation. The latest news is that it was Israel who provided the intelligence to Australian security services. If you aren't aware, mossad's motto is "by deception we do war".
I think this war is lost. The word socialism means different things to different people. It all depends on where you stand and what you are looking at. If you are on the far right, most things the government does is socialism. If you are on the far left, everything the government does is to support capitalism. And in between the two everything goes.
I frequently say the same thing about the word Capitalism. (Communism too). They're second only to 'god' in terms of historical baggage.
If you say 'I like Capitalism', a significant minority will hear 'I love US imperialism and hate nature', despite that almost certainly not being what you meant. Similarly, if you say 'I like Communism', many hear 'I love dictators, gulags, 5 year plans and famine'.
A word of advice: if you actually want to have valuable political conversations with people, don't start by identifying yourself with ideology that's arguably responsible for various atrocities and millions of deaths.
> if you actually want to have valuable political conversations with people, don't start by identifying yourself with ideology that's arguably responsible for various atrocities and millions of deaths.
So neither capitalism nor communism? What's left, anarchism? I guess they haven't killed that many people.
The reason we use labels (bucket) is to make the conversation easier. Imagine that every time you use a word that you first have to define what it means. My point is that the word 'socialism' has now become meaningless.
Indeed, labels aren't useless. But when a label means one thing to one person and a totally different thing to another, it actually becomes an impediment to communication and is best avoided.
Communists are anti-reformist. They don't believe that anything short of a violent revolution will change anything.
Oh and if you like reforms, then you are anti-revolutionary, which means you are reactionary, which means you are a fascist. Yep, that's the standard communist logic.
Not quite. In our part of the world insurers are stopping insuring against storm damage. Due to high incidence. Stopped period, not making it prohibitively expensive.
If there are state regulations on rates it's possible that they can't set the rate to cover the risk while also being in compliance. If they have annualized profit caps and they need to cover those once every 10 year mega disasters, then they might not be able to comply and charge enough to cover it.
