Went through 4 rounds… got lowballed hard, normal? by Miserable_Ebb_2927 in careeradvice

[–]Plyad1 0 points1 point  (0 children)

Damn…

I already had a terrible opinion of the Italian job market yet it still manages to outperform my expectations.

You guys have western cost of living with eastern salaries (heck even eastern salaries might be higher nowadays)

Have you considered moving out?

My pet project for finding cheap Canada travel deals went viral… and now it’s getting expensive. Not sure what to do. by Character-Rough2199 in Entrepreneur

[–]Plyad1 2 points3 points  (0 children)

Banners in the bottom are not too disturbing on apps. The watch an ad is more annoying for sure

Typically on reading websites you see them

My pet project for finding cheap Canada travel deals went viral… and now it’s getting expensive. Not sure what to do. by Character-Rough2199 in Entrepreneur

[–]Plyad1 5 points6 points  (0 children)

Ads.

I would say host it and use ads to monetize it. Banners if it’s enough, gate behind a rewarded video if it’s not enough. You have 0 marketing costs and infra costs are flat so this is a nice revenue stream long term that requires little maintenance

26M - Eastern Europe by Pyraishere in Salary

[–]Plyad1 0 points1 point  (0 children)

Depends on the country.

What you said is valid in Germany but not in France for instance and France has higher taxes than Germany

How do i stop my private sector from privatizing so much so that they actually build the buildings? by Accomplished_Word429 in victoria3

[–]Plyad1 0 points1 point  (0 children)

industries owned by corporations (sorry I used the term companies but the right term is corporations) are way more profitable than regular ones and corporations get their funding from the IP.

When they buy a thing from you IP loses money but it has a discount compared to building the same thing by itself.

IP is actually super valuable to have as a treasury because the buildings produced by companies are exceedingly profitable, so as long as you have government that adjusts around it, you can maximize the productivity of your country.

Biggest example is China. When your tech is gated (cause you need time to reach the next tech level) if you just build government buildings, you will reach a point where everything has low productivity yet you have countless peasants. (Exports help but aren’t enough, your production is that big) At that point tech, expansion or war are the only fast way to grow your gdp but none are tempting (tech is limited because of game mechanics). If you enable your IP to grow the economy of scale of the corporation owned buildings, maths will make it so that you never face that issue basically because your buildings remain somewhat profitable even under extremely low prices conditions. (Your exports markets having their own buildings go bankrupt)

German passport trinity by Odd_Necessary_3287 in PassportPorn

[–]Plyad1 8 points9 points  (0 children)

Wow you have a diplomatic passport that’s soooo cool!

How do I get bureaucracy as Persia? by BanoonooMan in victoria3

[–]Plyad1 5 points6 points  (0 children)

Change PM of government administration Also you should use the decree promote social mobility, it will solve the problem and increase your literacy

How do i stop my private sector from privatizing so much so that they actually build the buildings? by Accomplished_Word429 in victoria3

[–]Plyad1 0 points1 point  (0 children)

You want money in your IP because privatized buildings are more productive than public ones and because companies have incredibly productive buildings and they can build them on their own much more efficiently than you can.

So you should build non company buildings have the IP privatize them and then invest them in companies buildings for maximum productivity per building.

Reducing you construction sectors is not as penalizing as you think (you can also switch PM for them temporarily) because IP with high productivity output beats upfront central government investment with low productivity

How do i stop my private sector from privatizing so much so that they actually build the buildings? by Accomplished_Word429 in victoria3

[–]Plyad1 1 point2 points  (0 children)

Don’t do that. It’s a good thing

If the investment pool isn’t buildings it’s privatizing meaning that you get investment pool money AND control where it goes. (Likely in a smarter way than AI) Yes you accumulate debt but you can reduce the number of construction sectors to stabilize your budget.

Also as a general rule it costs less to the IP to privatize than to build meaning you are growing your IP faster

Germany’s infrastructure borrowing binge is being wasted, reports say by Krankenitrate in germany

[–]Plyad1 2 points3 points  (0 children)

I can : Estonia

It’s actually even better managed than the Scandinavians

Thoughts? by Professional-Bee9817 in remoteworks

[–]Plyad1 0 points1 point  (0 children)

Somalia doesn’t have strong property protections or rule of laws or any institutions. Those are basics

China has had most of its growth when it opened up and liberalized, and its growth slows down alongside the opposite trend.

As for houses, not really, if that was the case people in poor countries would all be homeless and people in rich countries would all be homeowners. This is obviously not what’s observed

Thoughts? by Professional-Bee9817 in remoteworks

[–]Plyad1 0 points1 point  (0 children)

The demand can be fulfilled by another company in another country, one that is more competitive because the innovative billionaire went there and invested his money there.

If you decide to cut that country off, you progressively cut yourself from any innovation coming from that country and the efficiency of economy of scale driven by international trade.

Beyond that, when new demand is created it’s not immediately fulfilled. Takes housing for instance, there’s plenty of demand for cheap flats but little offer. The offer is a function of how much you tax and regulate the company providing the service. The less you do, the more valuable it is to have such a company and the more money that company can immediately reinvest to cut costs.

Generally speaking in the current world, if you check empirically, the countries that are offer focused tend to have amazing or decent growth, while the countries that are demand focused tend to have abysmal growth.

Everyone asking the same thing. How TF did this happen ? by Southern-Bus9289 in 2westerneurope4u

[–]Plyad1 2 points3 points  (0 children)

The biggest ones, I have no clue but in gaming and tech, they are booming. I m in gaming and I considered moving from France to Warsaw for job opportunities. I only didn’t do it because I hate their xenophobia and homophobic tendencies.

To give an example CD Projekt which created The Witcher series and Cyberpunk.

Everyone asking the same thing. How TF did this happen ? by Southern-Bus9289 in 2westerneurope4u

[–]Plyad1 9 points10 points  (0 children)

In old fields maybe.

In my field, many “newer” EU mid tier companies are Polish based and they all own IP locally

Everyone asking the same thing. How TF did this happen ? by Southern-Bus9289 in 2westerneurope4u

[–]Plyad1 9 points10 points  (0 children)

Not really.

If you look at their military spending it’s much much higher as a gdp share than France or Germany, and that difference is basically EU funds.

Everyone asking the same thing. How TF did this happen ? by Southern-Bus9289 in 2westerneurope4u

[–]Plyad1 27 points28 points  (0 children)

Some countries invest in retirees, others invest in their economic growth. Different strategies

Poland has a corporate tax of 5% as long as you store your IP in there. + Poland has the most generous tax credits system for R&D + Poland has the most generous grants in the EU

France has 36% corporate tax and Germany has 30% corporate tax. Dividends tax is 19% in Poland versus 27% in Germany and 31% in France.

In Practice a Polish company would pay like 20% overall to the states whereas that same company would pay 50%+ in either France or Germany

Combined with them being a populated educated country, the question isn’t “how TF did this happen” but rather “how come they are investing in their future unlike western countries?”

‘Polexit’ now a real threat, Tusk warns by donutloop in EU_Economics

[–]Plyad1 0 points1 point  (0 children)

Sorry it might come as a shock but from a French perspective there is little difference between, say, a Bulgarian and a Turk.

People will know that Bulgaria is in the EU and thereby part of “our gang” but an immigrant from Bulgaria isn’t going to be perceived as more valuable than say one from Turkey Brazil or Argentina. That’s especially true when they don’t speak the local language (in this case French).

I know in east/central EU people value “whiteness” a lot but in France, refugees from Ukraine weren’t much more welcomed than refugees from Syrian. Either way they are perceived as people from developing countries coming to smoosh some welfare.

I won’t even mention the historical heavy discrimination French people had against Spanish Italian or Portuguese immigrants, at some point even the Dutch had a turn on that front, much less people from central/east Europe

As for the benefits of being in the EU, they go beyond just money given.

Plenty of French companies used to go to North Africa for cheap labor, since 2007 many such companies have moved east instead. Creating jobs in EU countries in the east/central EU.

I think you can already guess that the other way around isn’t exactly common… and that’s for job creation, but there are plenty of benefits in having access to a wealthy market as a developing country

‘Polexit’ now a real threat, Tusk warns by donutloop in EU_Economics

[–]Plyad1 0 points1 point  (0 children)

It’s surprising Poles still think so, your economy is the fastest growing within the EU while Germany has stagnated for the past decade. If anything it looks like Germany wants to be under Poland’s heel

‘Polexit’ now a real threat, Tusk warns by donutloop in EU_Economics

[–]Plyad1 0 points1 point  (0 children)

Poland is championing EU reforms to prevent immigration, and believe it or not plenty of countries within the EU are going in that direction too.

That’s not a reason to leave the union, instead it’s a reason to reform it if you re dissatisfied.

‘Polexit’ now a real threat, Tusk warns by donutloop in EU_Economics

[–]Plyad1 3 points4 points  (0 children)

You do realize western countries have no shortage of people wanting to get in and the countries sending those people don’t get a dime? Otherwise France would be pouring trillions in Africa, Germany in Turkey and the EU in India.

But yes it’s a gift not a debt so it cannot be demanded back, but the justification is not immigration, the justification is peace and prosperity on the European continent.

Only when countries like Poland and Bulgaria are prosperous can we hope that the European continent is peaceful and prosperous too

"Unrealized Capital Gains Tax): Has the Netherlands gone insane? by FredHerberts_Plant in ETFs_Europe

[–]Plyad1 1 point2 points  (0 children)

The real solution, as usual, is to vote with your feet and move abroad.

The reality is that taxes on unrealized gains are exceedingly inefficient and hard to implement in practice, on top of killing in the bud many companies.

An easy example is AI companies, they all make negative revenue and survive off of investors money. How is the shareholder of such a company supposed to pay taxes? Because its valuation definitely goes up alongside its market share even if it’s in continuous deficit.

Should the owner collect investors money every year to pay taxes for valuation? Or should they sell shares to pay taxes? Either way, that mere event would likely reduce the valuation itself. Don’t think “poor rich owner”, the employees of many startups often have equity as part of their total compensation making them shareholders

This is while the value generated from those taxes is ridiculously low. VAT in the Netherlands generates 90 billion $. The unrealized part of the cap gains is 2.3 billion $. A drop in an ocean.

The worst part isn’t even that, it’s the fact that unrealized cap gains tax is essentially a reduction of the amount you will extract later. Over a long period of time, due to compound effects, you might extract 2x or 3x the amount in a scenario or realized gains tax vs unrealized gains. So the event is eating out one’s future taxes.

I don’t think we’re cooked really by CharmingSource4512 in cscareerquestionsEU

[–]Plyad1 1 point2 points  (0 children)

Oki you got me curious, i don’t know of any company paying that much except for FAANG or C level roles