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by charlie0 22 days ago
I visited the Balkans recently. One thing that is very clear to me as a n American is that the rest of the world is catching up. English taught at a young age, internet access is easier than ever and in aome cases superior to US options. Like it or not, people from the developed countries are competing much more on the world stage than they realize. For companies, why pay 2x the price of a developer in the US when they can find good talent elsewhere? I'd love to leave the US and geo-arbitrage while I still can, I'm on a slowly sinking ship.
2 comments

Human output is not money go in production come out. This is tired. Companies continue to headquarter in the most expensive cities in the world. Surely they would all REMOTE TO THE BALKANS by now if it were actually a viable option
Because it's casino like setup. Where management buys real estate in a city and headquarter their. Major chunk of employees wages end up right into the pockets of Executives through wages

On paper you get employees who are paid very high but large amount of that money goes right back into pocket of rich wealthy people who control the companies

The company town never died, it just evolved
Good talent is still hard to find so that's not going to happen for large companies, but lots of startups are going in that direction.
I have a similar belief, but of South and East Asia. YouTube made offshoring much more viable.
I don't doubt it. We had a massive edge on the internet for several decades. That's come to an end now. Somehow Western Europe squandered it though.