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The youth unemployment rate in Iran is ~25%, overall rate is 10%. They issue their own fiat currency, and their GDP per capita is comparable to Thailand and Bot
by avar 6y ago
The youth unemployment rate in Iran is ~25%, overall rate is 10%. They issue their own fiat currency, and their GDP per capita is comparable to Thailand and Botswana.
So yes, they can probably afford to have a bunch of people tweak knobs in a factory all day.
- bowmessage 6y agoWow, you don't say, a country which issues its own fiat currency?
- sbierwagen 6y agoNone of the 19 countries in the Eurozone issue their own currency. Ecuador, El Salvador, Zumbabwe, and a couple Pacific islands use US dollars.
- Veen 6y agoBulgaria, Croatia, Czechia, Denmark, Hungary, Poland, Romania, and Sweden are EU members with their own currencies. The Eurozone does not encompass the entire EU.
- sbierwagen 6y agoComment edited.
- Veen 6y agoI'd have deleted my correction, but I can't because you replied to it.
- sbierwagen 6y agoThe workaround I've seen people use is hitting the edit button and replacing the entire comment with a - character.
- pvg 6y agoThat's not really a workaround, just put the fact that you edited the comment in the original comment. Better yet, add the new info as an edit and leave the original comment text as was so people can follow the conversation
- sbierwagen 6y agoI would have done that, if the edit window hadn't closed on my original comment by the time I read his reply.
- PartiallyTyped 6y agoDenmark has a fixed exchange policy with euro so it shouldn't count.
- deleted 6y ago[deleted]
- dang 6y agoPlease don't take HN threads on generic tangents and please don't be a jerk in comments here.
- cyberscientist 6y agoThere is also a very deep dissatisfaction towards the government amongst people.
- FredPret 6y agoImagine them hiring dozens of resentful, rebellious teens to watch the dials of their budding nuclear programme. It’s like something from Futurama
- tablespoon 6y ago> Imagine them hiring dozens of resentful, rebellious teens to watch the dials of their budding nuclear programme. It’s like something from Futurama So the idea might not work for Iran, but it probably would for North Korea.
- V-2 6y agoAre you implying that if they were a richer, more prosperous country, then they couldn't afford it? I'm confused
- setr 6y agoIf the job market is more saturated, there’s simply fewer people available to do bullshit work, at the necessary bullshit cost. Resources would be naturally allocated to more valuable efforts, and lured by better wages, by the market. As a general rule, the richer the country, the more expensive humans are, and the commodities become cheaper (relative to income) In the US, I can’t afford a full time maid. In India, I could probably afford 10. Or more pointedly, in the US you can afford a car far earlier than you can afford a maid. In India, it’s the opposite.
- TedDoesntTalk 6y agoI understand your point, but how does minimum wage for unskilled workers factor? For example, in the US you could pay some $8/hour to 500 teenagers to achieve the same net result. No?
- bobthepanda 6y ago$8/hr gets pretty expensive pretty quick. It‘s why, for example, middle class households in the US don‘t have live in maids, because rising living standards made that unaffordable at a middle class income level.
- setr 6y agoIt makes it worse — if the job only makes sense (produces value at least at) $7.50/hr, you simply can’t execute it — even if you had people willing to work at that wage (because no better alternative exists) An interesting aspect of poorer economy I’ve noted but haven’t seen anyone discuss otherwise is you can live a much better life being poor in India, than you can in the US — the really low income economy is far healthier (the quality of everything degrades continuously). I’m sure it’s not a novel insight, but I don’t know what others would call it. In the US you pass under the minimum wage bar of value production and you’re immediately in a tent under an LA bridge — with everyone else ranging from $7.99/hr to $0.01/hr. Of course an economy exists to support them anyways, but it’s largely underground, illegal (bypassing safety and regulations, e.g. selling very old cars; selling cigarettes individually) and actively zoned into oblivion
- formerly_proven 6y agoThere are many options that lie between "network-connected grey-import PLCs from the 90s" and "have a human tweak a knob to zero a needle scale".
- madengr 6y agoAdding more people is a greater security risk.
- gaius_baltar 6y ago> So yes, they can probably afford to have a bunch of people tweak knobs in a factory all day. But what would prevent this system from being compromised? Seems pretty easy for an adversary to "inject an exploit in these controllers" by paying a few of them to keep the knobs in the wrong position for a bit more time than strictly necessary, or to flip a switch earlier/later than ideal. Auditing this is seems worse than checking the code for an old-style, non-networked, PLC.