Chinese semiconductor industry

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Pendemic

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US itself is having its own brain drain. Not just lower appeal for new immigrants and transfer students, but there is also the decreasing birth rate, and Americans themselves moving out to work elsewhere.

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Probably, a significant reason for the current brain drain in US is that a large portion, maybe even majority of really smart students there choose to take courses that will position them well in the FIRE (finance, insurance & real estate), consulting services and Wall Street sectors.

Starting pays in Wall Street for top graduates are mind boggling, a fresh MBA from a top school but with zero working experience can easily ask for $120k or more p.a.. Law, actuary, accountancy, financial courses offer an arguably easier path to a comfortable life. STEM graduates on the other hand have also been heavily poached by Wall Street for decades.

China also has such issues but likely to a lesser extent.
 

WTAN

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The article posted no data at all on whether talented US individuals are leaving or entering; however, net migration to the US is still positive.
I wouldnt be surprised that net immigration to the US is still positive.
The largest group of people now trying to migrate to the US are Indians.
Their major goal is to get out of India and migrate to Anglo Saxon countries for a better life.
The US will be facing some changing racial demographics very soon.
 

Skywatcher

Captain
I wouldnt be surprised that net immigration to the US is still positive.
The largest group of people now trying to migrate to the US are Indians.
Their major goal is to get out of India and migrate to Anglo Saxon countries for a better life.
The US will be facing some changing racial demographics very soon.
A lot of those Indians are going to move back to India eventually too, even if Indian GDP per capita is 2-3x less than China on a nominal basis (a lot of people would prefer to be a giant in a medium size pond as opposed to a normal fish in a large lake)
 

Tam

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Probably, a significant reason for the current brain drain in US is that a large portion, maybe even majority of really smart students there choose to take courses that will position them well in the FIRE (finance, insurance & real estate), consulting services and Wall Street sectors.

Starting pays in Wall Street for top graduates are mind boggling, a fresh MBA from a top school but with zero working experience can easily ask for $120k or more p.a.. Law, actuary, accountancy, financial courses offer an arguably easier path to a comfortable life. STEM graduates on the other hand have also been heavily poached by Wall Street for decades.

China also has such issues but likely to a lesser extent.

A lot of skilled talent leave a company because of toxic culture.

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But then, many companies also want to be "lean", hire less, pay less, so they can pay executives and stockholders more. This has led so many US companies to hollow out over the years.

I actually prefer MBAs to stay in the US so they don't spread their toxic business culture to other countries and destroy the enterprises there.

Many people, immigrants included, who studied science and engineering end up not working in those fields. You can have a college degree and end up shifting burgers on Wendy's. You might have a degree in engineering but ends up in real estate and finance.
 

daifo

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So, any takers on how long this Sleepystudent alt will last?
their is another alt people believe to be sleepy in the beijing olypmic thread... would this guy really multitask with two ip/alt at the same time though... or the guy is finding more complex ways to avoid detection?
 

xypher

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their is another alt people believe to be sleepy in the beijing olypmic thread... would this guy really multitask with two ip/alt at the same time though... or the guy is finding more complex ways to avoid detection?
Either way, he looks like a pathetic neckbeard, lol. Imagine being so butthurt that you create 1234567 new alt accounts just to spam cope crap and get banned again.
 

sinophilia

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their is another alt people believe to be sleepy in the beijing olypmic thread... would this guy really multitask with two ip/alt at the same time though... or the guy is finding more complex ways to avoid detection?

The other guy seems Turkish, but sure its possible its another sleepystudent alt but with moderately increased IQ (using tactics like actually pretending to care to talk about things other than American economics, Chinese semiconductors, and Chinese demographics).

@citycitycity though is 100% a sleepy alt. Guy is so dumb he doesn't even know how to change grammar/syntax/fluency or content to avoid being caught so quickly.

I mean this idiot literally gets caught with the FIRST post he makes.
 
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