291–300 of 450 posts
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You are right except the german pensions they are a ponzi scheme and will fail in the future.
This applies to all public pension systems, not only the German one.
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@detritus To quote Matt Hancock directly: "I wasn't going to settle for a contract that allowed the Oxford vaccine to be delivered to others around the world before us. I was insisting we could keep all of the British public safe as my primary responsibility as the Health Secretary."
So, not an Export Ban. Gotcha. Thanks.
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Two questions: Why would copy-pasted (from EU REACH) "UK REACH" regulations present more of a burden to the semiconductor industry than EU REACH? What NTBs exist that are known to affect the semiconductor industry?
Because it's now two things to care of. Which will diverge eventually, even if only ever so slightly. If not, what's the point of the whole exercise? It just adds additional friction. Whereas when you set out your supply chains within the EU single market you don't have to deal with that.
If i were TCMS, i would not invest in Germany. But as a german, living in Germany, i am happy that they consider an investment in Germany.
Why not? From my POV Germany seems good at manufacturing. E.g. Siemens. And cars.
If you consider GlobalFoundries to be a valid competitor, then that move would make a lot of sense. Infineon and AMD used to do a lot of research and production in Dresden. The AMD fab has since become a part of GlobalFoundries. But there's still a healthy ecosystem of university research and medium-sized software companies. Or at least there was, when I visited GlobalFoundries in 2014. Also, there has been a growing…
We don't have enough water anymore in Dresden
If i were TCMS, i would not invest in Germany. But as a german, living in Germany, i am happy that they consider an investment in Germany.
Another German here, I agree. The regulatory hurdles are insane, the sentiment among the population is anti-business and I see the chance that the Green Party will be in the Next government as another negative point for businesses.
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Anything that's not just wild speculation of what people could be doing, although to no apparent effect?
Since it is about corruption, of course there is only wild speculation. Maybe in 20 years someone will confess in their posthumous memoirs or something. Until then, there is only speculation, inference and the recognition of parallels to cases in the past.
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Because it's now two things to care of. Which will diverge eventually, even if only ever so slightly. If not, what's the point of the whole exercise? It just adds additional friction. Whereas when you set out your supply chains within the EU single market you don't have to deal with that.
That's your take. Business' take is that they are more than willing to invest the time to find nuanced subtle differences between countries regulatory environments so that they can exploit them for monetary gain. The UK REACH and EU REACH regulations apply to production process - not to the finished exportable product. Hence TSMC in this case would only need to implement REACH within the country it has chosen as its…
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Adding to that, is there any general reason for a German, besides money, to go to the US? So if the ones that go mostly do it for the money, they'll most likely stay gone.
Personal development. Working with people that are much smarter than you generally makes you better at your work. So from that point of view, going to the places where the concentration of super smart people is the "highest" makes sense.
You'd have to be in a niche where there's only a few teams world wide that are any good, and the US one is the one that's hiring.
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That's funny because a lot of experienced engineers move to Germany from France, Spain, Italy, the UK, etc to get better salaries. Engineering salaries in Germany are high compared to most of western Europe.
Is that true even if sum up higher taxes and cost of living in Germany? At least in Eastern Europe(specifically Russia, Belarus and Ukraine), average salary for mediocre software engineer is about 3k$ per month after taxes which is already comparable with German average SE salary. But cost of living in EE is a lot cheaper, apartments in Moscow are 3 times cheaper than in major German cities. Food, on average 2 times…