Calm down. Yes, some things are shit in Portugal. €0.2246 per kWh is not cheap but it is not crazy high.
"Renewables account for 72% of Portugal's consumption in 5-mo 2021" May be important for the future
I know real estate prices in Portugal are crazy. 500k in a city and you get a golden visa. Hence every decent apartment is 500k or more. In a country were the minimum salary is around 500 euros.
Look the the future. Portugal can and is attracting an nearly infinite supply of young people from Brazil, Angola, Mozambique. The future is good. Likely better than Italy.
>"why are wire transfers free in Europe but not in the US")
>> this applies only to a subset of Europe or european banks.
>>> Do you want to expand where it isn't the case?
Question asked, where are European IBAN Transfers not free? I clarified that they are free by law in the EU but instant transfers (exception 1) may cost money.
At the same time, a wire money transfer in Europe, as long as there is a least one non-EU party involved (UK, Serbia, Moldavia, Ukraine, Switzerland, whatever) may cost money.
I think this does indeed answer the question. Doesn't it?
"In my line of work I meet plenty of lapsed physicists. These are people with physics degrees, even physics Ph.D's, who don't do physics. Instead they're usually some sort of programmer, or occasionally some version of a quant."
I now PhDs that became High School teachers and they were some of the most gifted. I know PhDs that wait tables to make ends meet.
I think if the guy has fundamentally not understood what Peter Turchin was talking about. They are getting priced out of the housing market, won't ever be able to afford to buy a house. Even raising a family might be difficult. At the same time you pay for services for the boomers and a retirement and social security that yourself might never see.
I don't understand the question. But regarding the street in Brooklyn (this interview as in Europe), obviously they did not believe I really got a PhD there and lived there. Totally insane. Today I would walk out in such a situation. At that time I answered like a diligent student.
Yes. But it is incredibly hard to get into a good company.
"and let me also say that if the market for lemons accurately describes the labor market, why is it that tech is the only industry with such broken hiring practices? "
In other "tech" industries it is the same. How do you get into a blue chip company?
1. contacts of your parents
2. contacts of your professor at University
3. you work for a start-up that they buy
In my experience this is true for 9/10 people I know.
I did my PhD in NYC and I once was asked in an interview for a med-sized medical company what the street name in Brooklyn is with all the hipsters. Think deeply what could be the reason for such a question.
"until this point, we didn't even talk about money"
Big mistake. For years I was desperate for a job (STEM PhD). Now it would be my first question to ask. And I ask this on the phone before I would even bother to go for an interview. But again, now I don't need your shitty job. Chances are, you need me more than I need you.
I remember when I talk to a company once on the phone. Besides that I did not really like the salary, I realized I would not be able to do the job since it was basically two jobs and their chances of success were much slimmer then they were assuming. Didn't bother to go on. But the HR guy said, please apply, worst thing that can happen is that we don't hire you. WRONG. Worst thing that can happen is that I get treated disrespectful in an interview and that I waste time. Most companies value your time with zero.
And if you applied already you ask in the first phone interview why they think you are suited for the job. You would be surprised how many people have you come in without ever having looked at your resume and then tell you that you are not a good fit based on your resume in the interview. It is basically the first time they look at it.
https://www.youtube.com/watch?v=P9AVu6KupNg
(English subs are very very bad)