dudzik
Joined 10 years ago
Joined 10 years ago
It means that I can be more flexible in pursuing opportunities. Businesses also tend to be more risk-seeking because the downside of hiring someone is lower. That benefits me as an employee because it is much easier to get hired.
I’ve been laid off, so I also felt the negative consequences. The key for me was building an emergency fund. Granted, if a person is in an employer's market, the short notice system is terrible.
Skills are the ability to meet spec quicker than someone who has to learn as they go. Sounds like potential energy to me. Since capital acts like potential energy, it follows that skills are capital.
Rental prices might fall if people are forced to sell their houses at lower prices. In my area, people buy houses on 30-year mortgages with variable rates and require an in-law suite to finance it partially. The margins are so thin that I encountered people who had to sell their homes because of increased property taxes.
Edit:
From the article, there are copyright issues when archiving tweets. The people tweeting own their tweets. So the archive doesn’t want to expose itself to that risk.
Out of curiosity, what is the west gaining by restricting more advanced chips? China can build computers, smartphones, and weapons with the older generation of chips.
Is it to make their chip industry uncompetitive so we don’t become dependent on them?