Thank you for the advice. In Spain It happened the same with the Internet boom, lots of jobs were created with expectacular wages...This situation has been solved drastically but the market but still there are some reminiscences of it...For instance in my company, they did not get rid of a Internet-boomer branch until this year...
I am writing from the other part of the ocean, I am Spanish myself and I could give you more details about some of the topics of what you are saying. Bear my bad English and blame the "good" language system We had in some western countries:)
About the gold that came from South America mines, at least what my History teacher told us that the most of it was spent by Charles V (I of Germany) in the wars He had in Belgium (Flemish part). Most of the gold that was arriving in Seville, was sent to suppport the armies that were sent around Europe and in other parts of the world. Do not forget that Filippus II, Charles son had the biggest empire ever known in the world. To maintain this, you needed lot of gold, loads of it.
Enough about old Spanish history (which I am not very proud of, actually). Our recent history after the 70s was different. We took profit of globalization, and main manufacturer industries landed in Spain because of the cheap and valuable labour, mainly automotive industries. Of course, this helped in improving our economy but in the end this cheap labour turned into a more and more expensive labour and companies started to think to move to eastern countries, Slovakia and other ones. In the end, some companies moved and other stayed, to get a qualified and productive group takes lot of time and resources and it is not just a matter of moving one factory to a different country. Some companies that moved to eastern europe countries, they changed their mind and went back, since they realized those factories were no so productive, as someone mentioned, the percentage of errors were very big and it was not worth the cut of costs...Anyway, former comunist easter countries had very well educated people and they are becoming European Union countries, so this situation could change...
Recently I was asked by an English colleague if our company was outsourcing. It is not the case in my company, since normally the client was always in Spain and you needed to sit next to fullfil the requirements made by the client. He told me that in their case was not so good, people from India were very talented, but they did not share their views and reach agreement was not always easy.
I have recently read that wages in India are increasing (which I think is good) and companies are starting to look to China. As someone has mentioned, people are not free there, unions are controlled by the Goverment so they assure the companies that nobody would complain. Some friends that travelled to China, they told me that in some companies the employees even sleep in their companies!:-O (for instance She saw a supermarket with the lights on and employees lying sleeping everywhere: counters, floor). This is neither free market nor they are comunist anymore...
And finally, myself I am trying to find a job in the US, since my girlfriend was one of the thousands of Europeans (and other countries as well) that moved to the US for a post-doctoral fellowship for two years, and I wanted to learn how the Americans do. I was assuming that in America things are different that in Spain or in Europe, where interns are doing the job and when after two or three years hacking any code, you are kept away from keyboards and start coordinating other interns...My assumption is that in IT, in the US, you have a longer career from Junior, to mid or senior employee and talent is well seen (and paid). I just want to point out what I have seen so far in the US wages. The average Spaniard Junior programmer in IT earns 18-20K Euros (which could be around 26K USD). A senior administrator or programmer could not earn more than 36-40 K Euros which is less than 50K USD and although in the rest of Europe the situation could be a bit better, nothing compared to the US wages and most of this difference is because of the strength of the Euro. At least in Spain the standard of living is not very far from the US standards, at least what I have seen from my girlfriend living in Baltimore. Renting an appartment i
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Thank you for the advice. In Spain It happened the same with the Internet boom, lots of jobs were created with expectacular wages...This situation has been solved drastically but the market but still there are some reminiscences of it...For instance in my company, they did not get rid of a Internet-boomer branch until this year...
I am writing from the other part of the ocean, I am Spanish myself and I could give you more details about some of the topics of what you are saying. Bear my bad English and blame the "good" language system We had in some western countries :)
:-O (for instance She saw a supermarket with the lights on and employees lying sleeping everywhere: counters, floor). This is neither free market nor they are comunist anymore...
About the gold that came from South America mines, at least what my History teacher told us that the most of it was spent by Charles V (I of Germany) in the wars He had in Belgium (Flemish part). Most of the gold that was arriving in Seville, was sent to suppport the armies that were sent around Europe and in other parts of the world. Do not forget that Filippus II, Charles son had the biggest empire ever known in the world. To maintain this, you needed lot of gold, loads of it.
Enough about old Spanish history (which I am not very proud of, actually). Our recent history after the 70s was different. We took profit of globalization, and main manufacturer industries landed in Spain because of the cheap and valuable labour, mainly automotive industries. Of course, this helped in improving our economy but in the end this cheap labour turned into a more and more expensive labour and companies started to think to move to eastern countries, Slovakia and other ones. In the end, some companies moved and other stayed, to get a qualified and productive group takes lot of time and resources and it is not just a matter of moving one factory to a different country. Some companies that moved to eastern europe countries, they changed their mind and went back, since they realized those factories were no so productive, as someone mentioned, the percentage of errors were very big and it was not worth the cut of costs...Anyway, former comunist easter countries had very well educated people and they are becoming European Union countries, so this situation could change...
Recently I was asked by an English colleague if our company was outsourcing. It is not the case in my company, since normally the client was always in Spain and you needed to sit next to fullfil the requirements made by the client. He told me that in their case was not so good, people from India were very talented, but they did not share their views and reach agreement was not always easy.
I have recently read that wages in India are increasing (which I think is good) and companies are starting to look to China. As someone has mentioned, people are not free there, unions are controlled by the Goverment so they assure the companies that nobody would complain. Some friends that travelled to China, they told me that in some companies the employees even sleep in their companies!
And finally, myself I am trying to find a job in the US, since my girlfriend was one of the thousands of Europeans (and other countries as well) that moved to the US for a post-doctoral fellowship for two years, and I wanted to learn how the Americans do. I was assuming that in America things are different that in Spain or in Europe, where interns are doing the job and when after two or three years hacking any code, you are kept away from keyboards and start coordinating other interns...My assumption is that in IT, in the US, you have a longer career from Junior, to mid or senior employee and talent is well seen (and paid). I just want to point out what I have seen so far in the US wages. The average Spaniard Junior programmer in IT earns 18-20K Euros (which could be around 26K USD). A senior administrator or programmer could not earn more than 36-40 K Euros which is less than 50K USD and although in the rest of Europe the situation could be a bit better, nothing compared to the US wages and most of this difference is because of the strength of the Euro. At least in Spain the standard of living is not very far from the US standards, at least what I have seen from my girlfriend living in Baltimore. Renting an appartment i