Bullshit. It is much more than that. It is about how often do you like your updates, how close to the bleeding edge do you want to be, which package management system do you prefer etc.
Well, they don't. First hand account.
They also get diplomatic immunity.
And Cern facilities are semi-ex-territorial, being stuck between CH and FR and having gates on both sides.
Well, scientist working at CERN don't pay taxes (at least they salary is untaxed and they get free health care (in Switzerland!)), so they know for sure that there is life in the remaining 0.001708%
You live in a relatively nice place, you have relatively comfortable life. You have interesting work. But it's enough to move several hundred kilometres to west or north-west, and you will have similar work, you will use the same language, and you salary will be 3-5 times as big. Of course the living costs is going to be bigger, but 'global goods', such as electronics, gadgets, petrol, plane fares costs the same.
It's EU: borders are open, work market is (mostly) open, everyone speaks English, your family is still several hours of driving or 90min on the plane away.
Unfortunately, if you move to so called 'Western Europe' you will have to deal with fat girls and warm vodka. That's why only few are brave/stupid enough to do it:)
I used to work for a Big Outsourcing Company Which I Refuse To Name, not in India but in Eastern Europe. And this kind of posts always make me laugh.
We were cheap, but we were good. It is true that there were some pathological situations, ie we were charging client per man hour, and as a result our team was artificially inflated and we kept people who were completely useless and lazy, but were completely happy to receive minimal salary and do nothing apart of pretending to be useful.
But the best people in the team were really, really good and well paid (with hourly rate exceeding the one that customer paid per mh!) and management was quite good too, managing not only the project, but working closely with the customer etc.
And you know what? The code that we produced was better that the stuff created by customer's own R&D devs, and as result more and more work was transferred to us.
And I can clearly remember how frustrated we were working with customer's own people, some of which were mediocre at best, knowing that they are getting 4x more for similar job. Eventually, frustrated by the situation, I moved to Western Europe myself, quadrupling my salary.
But, at the other hand, we were not in Idnia, and the rate customer paid was much more that 14$/h (it was, as I recall, 20+EUR/h)
Most exchanges run in an 'auction mode' for short periods of time (5-15 min) several times a day. Often at the end of the trading day to define the 'closing price'. During an auction bids and asks are accepted, but executed only when the auction changes. So it differs from your model only in two points:
1. The execution time is known, so still speed sometimes may be useful if you want to modify your order just before the execution
2. It is not enforced. And what would be to point of enforcing it to be 'the execution model' and banning other kinds of exchange?
Here you can find more details on how it is done on major European exchanges:
The collecting asks/bids is called 'auction' and it is already available. The idea of market participants not knowing of each other's orders is called 'dark pool'. They do exists and people use them. If you want to trade this way, you can do it.
Whoever goes to this 'corrupt' 'first-in, first-served, executed ASAP' exchanges does it voluntary.
That's the most fair way of deciding who should trade on public exchange. Of course in extremes it ends up as 'the trade goes to whoever can afford the fastest link/equipment/code', but what else could be better?
And please remember that there are traders who don't care about speed and they use different ways of trading and sometimes different venues.
If someone physically is present in Paris and still goes to McDonalds to get his meal, then he deservers to be assaulted :)
My choice: Yep & Good
Of course! They don't need to pay for food for they people, they get it free from the USofA.
That is except Central Europeans, no matter how 'western' and skilled they are.
example: http://www.meldpuntmiddenenoosteuropeanen.nl/
Caveat: he may like it.
Bullshit. It is much more than that. It is about how often do you like your updates, how close to the bleeding edge do you want to be, which package management system do you prefer etc.
Well, they don't. First hand account. They also get diplomatic immunity. And Cern facilities are semi-ex-territorial, being stuck between CH and FR and having gates on both sides.
Well, scientist working at CERN don't pay taxes (at least they salary is untaxed and they get free health care (in Switzerland!)), so they know for sure that there is life in the remaining 0.001708%
It' not 'they'. It's your government, elected by you and/or another people living in the same country you choose to live in.
This is the ultimate answer:
www.gg.caltech.edu/~mwl/publications/papers/lowEnergy.pdf
It's amazing; it forced me to dust my rusty maths. Wonder if one could use it to create plugin for Orbiter...
Why it took them so long to reach the Moon? Lunar transfer takes 3 days. Does anyone know?
Let me paint you a picture:
You live in a relatively nice place, you have relatively comfortable life. You have interesting work. But it's enough to move several hundred kilometres to west or north-west, and you will have similar work, you will use the same language, and you salary will be 3-5 times as big. Of course the living costs is going to be bigger, but 'global goods', such as electronics, gadgets, petrol, plane fares costs the same.
It's EU: borders are open, work market is (mostly) open, everyone speaks English, your family is still several hours of driving or 90min on the plane away. Unfortunately, if you move to so called 'Western Europe' you will have to deal with fat girls and warm vodka. That's why only few are brave/stupid enough to do it :)
I used to work for a Big Outsourcing Company Which I Refuse To Name, not in India but in Eastern Europe. And this kind of posts always make me laugh. We were cheap, but we were good. It is true that there were some pathological situations, ie we were charging client per man hour, and as a result our team was artificially inflated and we kept people who were completely useless and lazy, but were completely happy to receive minimal salary and do nothing apart of pretending to be useful. But the best people in the team were really, really good and well paid (with hourly rate exceeding the one that customer paid per mh!) and management was quite good too, managing not only the project, but working closely with the customer etc. And you know what? The code that we produced was better that the stuff created by customer's own R&D devs, and as result more and more work was transferred to us. And I can clearly remember how frustrated we were working with customer's own people, some of which were mediocre at best, knowing that they are getting 4x more for similar job. Eventually, frustrated by the situation, I moved to Western Europe myself, quadrupling my salary. But, at the other hand, we were not in Idnia, and the rate customer paid was much more that 14$/h (it was, as I recall, 20+EUR/h)
She is cool indeed. The further she gets from the Sun the coolest she gets. Unfortunately, she's going to be dead cold soon.
To remind an old joke:
Knock knock!
Who's there?
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.
.
.
.
.
.
Java!
Most exchanges run in an 'auction mode' for short periods of time (5-15 min) several times a day. Often at the end of the trading day to define the 'closing price'. During an auction bids and asks are accepted, but executed only when the auction changes. So it differs from your model only in two points:
Here you can find more details on how it is done on major European exchanges:
http://www.londonstockexchange.com/traders-and-brokers/rules-regulations/exchange-delivery-settlement-price.htm
http://www.eurexchange.com/trading/market_model/matching_principles/auction_principles_en.html
The collecting asks/bids is called 'auction' and it is already available. The idea of market participants not knowing of each other's orders is called 'dark pool'. They do exists and people use them. If you want to trade this way, you can do it. Whoever goes to this 'corrupt' 'first-in, first-served, executed ASAP' exchanges does it voluntary.
That's the most fair way of deciding who should trade on public exchange. Of course in extremes it ends up as 'the trade goes to whoever can afford the fastest link/equipment/code', but what else could be better? And please remember that there are traders who don't care about speed and they use different ways of trading and sometimes different venues.
You obviously haven't seen Michael Bay's 'Pearl Harbor'
This is not how it works. No one can 'intercept trade that is about to happen', no mater how fast servers or connectivity one uses.
ESA's Jules Verne was civilian, although not private.
If you have enough gravity to have something orbiting you, then you get to be a planet.
So my wife's middle name should be 'Planet' then...
In other news: desktop mail clients lost 92% of marketshare to web-based stuff.
Softwarium Developerium?
You are still mistaking 'cause' with 'excuse'.