State of the Market

[willendure]

How does moving to another country and, allegedly, trafficking women to use in your webcam business fit into this lecture?

It makes him rich whilst exploiting female "super brokies". Whats with the weird way of talking too, sort of american but keeps reverting back to british, all over the place.

On the subject of so-called "alpha" males... Recently I have caught up on the lives of various "alphas" I have known in the past but not kept up with. They have come back onto my radar through other friends invariably because of various forms of life meltdown they are encountering in their mid-life period - wives committing suicide, drinking themselves to death, that sort of thing. And then I suddenly realized how massively insecure all of them are. Just great big bags of attention seeking ego with little grit or substance. As a quiet and highly intelligent person myself, I have always disliked being talked over by such people. I work with one now, and whilst he thinks most magnificently of himself and certainly enjoys the sound of his own voice, he is a narcissist, very insecure, completely disorganized and full of tulipe. Its quite refreshing really, to gain this perspective on things. These days I just smile and laugh and fail to register 90% of the crap that comes out of their mouths.

[dsc]

For a Program (sic) Manager? Yes for a Project Manager but Programme Management tends to attract a much higher rate.

Ah yes, sorry, read that as ordinary PM, although some (whoever advertised this) would probably argue project / programme is the same, just slightly different scale.

Question is, have we reached the bottom of the barrel re rates or is it possible to go lower...

[hungry_hog]

Ah yes, sorry, read that as ordinary PM, although some (whoever advertised this) would probably argue project / programme is the same, just slightly different scale.

Question is, have we reached the bottom of the barrel re rates or is it possible to go lower...

Unpaid internships (which used to be the preserve of students / apprentices) next!

[squarepeg]

Ah yes, sorry, read that as ordinary PM, although some (whoever advertised this) would probably argue project / programme is the same, just slightly different scale.

Question is, have we reached the bottom of the barrel re rates or is it possible to go lower...

Sure we can. We can take perm roles with US-based companies that offer $50,000-$70,000 (per year). You can have low pay and a work life culture shock in one.

[SchumiStars]

This is never going to end. FFS..

[dsc]

This is never going to end. FFS..

It usually does and then things go back to how they were when people realise there's too much risk in undercutting and saving an extra 50k a year is feck all if the whole programme fails. Then again, if they take a risk in giving the roles to low paid staff and it doesn't implode...well then, you have a "market correction" re rates and we are fecked.

[Sub]

This is never going to end. FFS..

It certainly will end at some point. I only hope that we will remember current environment as bad times, and not as good ones.

[Fraidycat]

This is never going to end. FFS..

It will end because governments are indebted to the tune of trillions. And paying record amounts in interest on that debt.

They will cut rates as low as they can, as near to zero as they can, once the inflation genie is back in the bottle.

The markets are predicting only small rate cuts over the next few years but in reality they will cut much faster as soon as they can get away with it.

[WTFH]

It will end because governments are indebted to the tune of trillions. And paying record amounts in interest on that debt.

They will cut rates as low as they can, as near to zero as they can, once the inflation genie is back in the bottle.

The markets are predicting only small rate cuts over the next few years but in reality they will cut much faster as soon as they can get away with it.

This is about getting contracts, not how well your savings are doing.
And no, no matter how much you like to derail this thread to be about interest rates, inflation, etc, it's actually about jobs. They may be linked, but since your focus is never on jobs, always on global economy, you're not offering much help or advice.

[Fraidycat]

This is about getting contracts, not how well your savings are doing.
And no, no matter how much you like to derail this thread to be about interest rates, inflation, etc, it's actually about jobs. They may be linked, but since your focus is never on jobs, always on global economy, you're not offering much help or advice.

As a fellow Java dev I have given Schumistars tailored advice on this thread more than once over the last twelve months.

Even to the point of pointing out what i thought was weak on his linked in profile.

In my last post i'm trying to give give him some idea and hope when the market overall might pick up.