Financial topics

[aeden]

https://www.thegatewaypundit.com/2022/0 ... ar-hiatus/
Proverbs 26:12
Matthew 12:45

Sad but care for Kin since all else is destined to befall them.
Truly the bent of mind is nothing we have not been warned of.

[aeden]

Lugano, Switzerland, will make bitcoin legal tender and allow citizens to pay for public service fees or taxes in bitcoin, city director Pietro Poretti co-announced in an event livestreamed on Thursday alongside mayor Michele Foletti and CTO of Tether Paolo Ardoino. The city has already worked with over 200 merchants to propel the adoption of bitcoin and Lightning payments.

“El Salvador’s GDP increased by 10% and its tourism by 30% after declaring bitcoin a legal tender,” Ardoino said.

“Imagine what we can do in a city at the center of Europe.”

Poretti said the city would “roll the red carpet” for Bitcoin businesses and enthusiasts, welcoming visitors and prospect relocators with a business-friendly environment featuring minimized bureaucracy and the ideal conditions for a company to thrive.

Another pointed out - Sold all my crypto yesterday. This is a scam. I was borderline on it and I found appealing the limited supply idea with BTC and LTC. When I saw that Coinbase and Binance are doing West's bidding restricting Russians, I realized there is no freedom with this either. Again, a scam. They can easily be taken over by any government and they'll allow their hackers to do as they please. Maybe an exchange somewhere else? Don't know, but I'm out.
I'll stick with my barbarous relics.

Nudge push shove bullets and barbarous relics.

I will consider biti to assets for now and yes pay Caeser its jurisdictional dues only.
You are warned what they are subject to.

God not only holds those responsible who oppress others and who shed innocent blood;
God holds those responsible who “strengthen the hands” of those who do evil.
That is days fade on this passing time here and yes we are held to account.
Avoid the is, is not, or hope not since already you do know better.

I respect the Utility or Intrinsic value education we forwarded to as we must decide since truly
who do you actually think it serves.

For reality H conveyed the root of the matter.
Just because something has a price right now doesn't give it intrinsic value.

My Grandfather witnesses profound evil left me thoughts of what you give to your Grandchildren.

https://patentscope.wipo.int/search/en/ ... 2020060606

thread: isa55, taproot

[aeden]

Then he will call your boss and try to have to fired, or unleash his army of Flying Incel Monkeys on the free speaker."
https://www.zerohedge.com/geopolitical/ ... ssian-news
search.php?keywords=flying+monkeys&t=2&sf=msgonly

thread: Cornerstone

[aeden]

China and India, who are already minority investors in several projects, and buy them out 100%

Gee nobody saw that coming.

Hightower was correct as There's Nothing in the Middle of the Road but Yellow Stripes and Dead Armadillos.

I think Hightower’s problem (and others like him) is that he’s visualized a country road with two very narrow lanes and narrower shoulders. In my view, though, our political highway is a ten or twenty lane interstate, and there is no actual “middle”.

There are, however, any number of potholes — and the moderate route is navigated around them, with special care taken to avoid the shoulders… which are, as it happens, where I personally have seen the most dead armadillos.

The true hallmark of a moderate is the ability to engage in discussion with an honestly open mind. A moderate therefore recognizes that most positions, however strongly held, stem from valid concerns.
This does not, however, mean that all positions are rational and must — or even can — be accommodated. poli

The difference today is they will do nothing to avoid killing armadillos.
They already have been sealed to inflict ruin and no they do not even pretend to care.

That took decades to implement, starting with offshoring.
Vultures circling way up high in the sky, nine times out of ten they haven't found anything yet.
The Book warned you what and why was to be.
People won't have time to gather was the point He us left us with.

[Higgenbotham]

Eastern Europe created its own Silicon Valley. Russia’s invasion of Ukraine risks it all

PUBLISHED SAT, MAR 5 20229:04 AM EST UPDATED 3 HOURS AGO
Eric Rosenbaum

Ukraine, Belarus and Russia – three countries now intertwined in war – have grown into essential growth areas for tech talent in a world more reliant on digital than ever before. From start-ups sourcing the developers and engineers they need to get to the next level, to already established corporations relying on software partners for digital transformation, hundreds of thousands of tech workers in the region have become critical to the global economy.

Gartner estimates there are over one million IT professionals in the three countries, with one-quarter (250,000) working for consulting or outsourcing firms. There were 200,000 Ukrainian developers in the country in 2020, according to Amsterdam-based software development outsourcing company Daxx, which says that 20% of Fortune 500 companies have their remote development teams in Ukraine.

Software vendors working on behalf of big corporations, from financials to retail, rely on the talent that the region has cultivated. Take EPAM Systems, as an example. More than 50% of its tech staff are across the three nations – over 30,000 employees. It is an example of just how quickly war can disrupt the functioning of organizations in ways impossible to imagine, with internal dissension now an issue for EPAM leadership as workers in Ukraine call for its CEO to take a much harder anti-Putin line, according to a Bloomberg report, even though it has so many workers in Russia and Belarus.

“We’ve seen a lot of Eastern European countries become hotbeds for development,” said Scott Berg, software analyst at Needham. “Whether it is the right individuals or the right individuals at the right price, across all of the companies I cover, a solid third if not half have resources in that area.”

“These public companies, the headline companies like EPAM, are just the tip of the iceberg,” said another analyst.

The Gartner team says executives were worried about their enterprise location strategy even before the Russia-Ukraine War, with 43% of boards of directors telling Gartner deglobalization was a major concern.

The answer isn’t to pull out of the region or necessarily pull existing accounts from vendors, though this is a risk for any companies with significant talent pools in the region. Analysts say clients will be reluctant to pull work as long as operations can continue, but may be less inclined to give expanded work to companies with this geographic risk, especially when they have to take into account issues including cybersecurity, and that could limit the growth trajectory for the Eastern Europe tech hub and companies reliant on it.

For companies in the region, they are just trying to understand basic operational issues, such as how long they will access to funds to pay workers based in Russia where financial restrictions imposed by the West could limit their payroll abilities, and making sure workers have the internet access needed. And the longer the conflict goes on, the more tech firms in the region and their clients will worry about technology restrictions and implications for new product development.

“The current impacts to software development centers in Ukraine and surrounding countries have brought this into sharper focus, forcing organizations to rapidly reconsider which countries their IT services and supply chains should be sourced from,” Groombridge told CNBC via email. “The answer should not be a reactive onshoring of capabilities, especially in a world where the current crisis will increase existing shortages of digital skills. Instead, executives need to navigate a complex balance of competitive advantage, geographic concentration risks, skills availability, legal and regulatory issues, and country risk factors to relocate their IT services.”

There was already an acute shortage of labor in the technology sector, where on average, it can take up to 70 days to hire a skilled worker.

“The best talent is in Silicon Valley and the U.S., but the second-biggest hub is Eastern Europe,” said one Wall Street analyst who has traveled throughout the region.

Developing tech talent isn’t easy, and it isn’t a problem as simple to fix as moving a factory from one location to another.

“The people problem takes a long time. These hubs take a long time to develop,” the analyst said.

Unlike the economic hubs that have developed across the globe based on natural resource riches, precious minerals or commodities for fuel, intellectual concentration of resources doesn’t happen often. Before Eastern Europe, it had been decades since a significant new software and technology talent pool had been developed.

So far, the companies most exposed are managing — building up a cash reserve in advance, relying on data centers outside the region to begin with, building redundancies into processes in the event that systems aren’t functioning. But the longer the conflict persists, the more stability is at risk. The worst fears about cybersecurity and access to the technology needed to perform core tasks have not played out on a widespread basis, though there have been internet outages in Ukraine and Russian missiles targeting key infrastructure, and Russia’s invasion is intensifying and expected to target more population centers.

https://www.cnbc.com/2022/03/05/the-eas ... s-war.html

[John]

Higgie!!!!!!!!!!!!!!

[aeden]

I am seeing this real time also on the startup.

[Higgenbotham]

John, I thought of you when I read that article. My impression has always been that if a company loses its software engineers in a region like Eastern Europe, they can just plug software engineers from India or elsewhere into the projects seamlessly. Not so?

[aeden]

Support nodes can ramp on anywhere. I will support the afflicted in the States for now to avoid incongruities.
The crayon chewers caused this not us.

[Higgenbotham]

Is my salary competitive?
EPAM Systems KJeH03
Yesterday 12 Comments
I am a mid level designer with experience in startups, banks, health and more. I recently accepted a role at EPAM and am curious if it is worth pursuing.

TC: 88k
YOE: 5
Position: Experience Designer
Location: East coast US

EPAM Systems

https://www.teamblind.com/post/Is-my-sa ... e-qW4oebJL

I guess we'll see how it works for them.