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Joined 1 year ago
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Cake day: July 11th, 2023

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  • Did a little digging. Found one interesting piece from Hudson institute including an opinion piece from former head of world bank. Main points: China, and Russia to a lesser extent, are prioritizing engagement with Africa both for for economic and political purposes (large UN voting bloc). China favors market rate loans over foreign aide, article suggests they cannot afford straight aid even if they wanted to. Loans from China are denominated in dollars, so strengthening USD and increasing interest rates playing a large role in debt. African nations paying more in debt repayment than receiving in aid and economic benefit. Traditional capital markets are no use to Africa because capital is flowing to developed countries and companies that already have cash. Doesn’t seem like China wants to repossess infrastructure they built, they actually want loan repayments. China doesn’t want to take write downs because they are concerned the money will be used to repay western creditors. US foreign policy is weak in Africa, infrastructure aid would go far because would improve terms from China. It’s a far more complex situation than I had thought. I plan to do more reading on the topic so I can be better informed.

    https://www.hudson.org/economics/china-winning-belt-road-debt-battles-david-malpass-joshua-meservey-thomas-duesterberg






  • I think that’s a fair comment. I just got off a call with a vendor that has policies that don’t seem to be up to date. I asked them about them and the manager in question said she’ll ask her employees why they are doing something a certain way and it’s because a prior manager told them to do it that way 15 years ago. We used to call that tribal or anecdotal knowledge. It’s always an ineffective middle manager who can’t get out of their own way and “throws bodies” at a problem. I’m guessing if you get busy then your team gets burnt out. I’m not always convinced the higher ups are using technology well either.

    Personally, I started a business that serves other companies. I’ve noticed that many potential clients want only a couple seat licenses for our software so they can keep the knowledge to themselves. I won’t sell these companies less than a dozen seats (small sales teams mostly) because I know the employee down the line needs the tool the most to be productive.


  • Honestly it depends on the job and your education or training. If you’re hired out of college as a consultant or an auditor then you’d better pick up quick. There’s a difference between bad training and being unwilling to be flexible. My initial comment was more about how a high school prepares you differently than before. I don’t think the content is different, if anything more advanced, but it seems like the system is created to accommodate only the most passive participant. Sometimes we have to step outside our comfort zone, but now I have one kid who thinks it’s rude to call someone without texting them to warn them first and another who refuses to confirm homework assignments with a friend if they are not posted to Google classroom. That is certainly a generational difference and not the result of bad training from an employer.






  • I can’t make total generalizations about a generation but I’ve got a high schooler, and it’s amazing to me how their assignments are spoon fed to them. Every assignment is posted on Google classroom, the syllabi the teachers create are amazingly comprehensive, writing assignments are broken up into multiple milestones with separate deliveries for research, thesis, draft, etc. Then the grading rubric has very detailed instructions about how the assignment will be graded with hyperlinks to examples. Then the assignment is due at midnight the day after the last class session.

    It’s no surprise to me that a kid would expect work to function the same way. What is so often missed is that the person assigning the task doesn’t know how to complete the task or what the process should be. We hire someone to help us figure it out.