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05-24-26  panasonic

More abt. AI potential impact on India:

Services Exports:

Beyond physical merchandise, India is a global juggernaut in service exports, which recently reached roughly \(\$387\) billion annually. This sector is led by IT and Business Process Management (BPM), but has rapidly expanded to include professional, financial, and digital services.

(All easy to replace even at early stages of AI).

05-24-26  panasonic

Carib, countries like India would need to solve it with direct distribution of food and essentials more than money.

The question, do you see this evitable or inevitable?

05-24-26  carib

Panas: what should be the monthly UBI in India, in your opinion?

05-24-26  panasonic

Carib, will society need UBI or lot of hot air inside the AI story?

05-24-26  carib

AI impact certainly concerns all of us.. and even more out children and grandchildren..

05-24-26  panasonic

Carib, yes clearly remote working does not apply to colores.

AI impact in the future and how it plays out maybe interesting to some of us.

05-24-26  carib

Panas: so do you (have the possibility to prefer)

05-24-26  panasonic

"The UK triple lock pension system is clearly unsustainable"

Add UBI and will blow in a thousand pieces.

05-24-26  panasonic

"I prefer UCI"

Indeed, you are a very special "remote worker", private beach in the Carib, properties in several countries, of course you get to "prefer" :-)))

05-24-26  carib

The UK triple lock pension system is clearly unsustainable, IMHO.
Colores opted for moving out from such failed systems in the previous century, I believe.
Our kids are well advised to stay out of the system.. unless they profit from it.. and if they are able to..

05-24-26  carib

Panas: fortunately, UBI is just an academic bad idea, for now.
To work properly, it should NOT be "universal".. and big brother should know everything about everybody.
It was tried in Italy by a populist government: it was a financial disaster (as expected) marred by large scale fraud.
I prefer UCI.

05-24-26  panasonic

Last post for Hann.

05-24-26  panasonic

Nice, sounds pretty nice congrats!

How abt. ethnic diversity?

05-24-26  panasonic

"because they have UCI"

Carib, post is focused on ongoing discussion of remote workers, of course.

My UBI point is, for those who want to live in a cheaper country dont qualify, otherwise becomes one Gov. funds "others".

Take UK for instance, if I worked and contributed to the pension fund, I can use money rcvd wherever I want (tdy UK retirees are part of Spanish growth).

UBI can't be treated same way, as money comes from Gov. pockets.

05-24-26  hann

05-23-26 spal

Hann - "We have a place in Fukuoka" ... very cool.
---

Yup yup. Does not have the highs and frenzy of tokyo but really not bad. Lucked out on v nice house w courtyard, parking, 2F deck overlooking neighborhood park and greenspace where we grill wagyu and scallops etc. Super location in Akasaka. Just 5 min walk to Keyaki dori - tree lined shopping street, 5+ mins to main lake/castle ruins park/art museum, 20-30 min walk to Daimyo (ometesando equivalent) and Tenjin (combo ginza and marounochi).

Fukuoka imho really a good deal, high QOL, very safe. Enough to do and can explore kyushu.

05-24-26  carib

Panas: I always thought UBI should be for citizens, not for visitors, and be national, not universal, because income levels globally differ.
Colores are unconcerned, because they have UCI (universal capital income)

05-24-26  carib

Savo: the point of the 7% solution, in my opinion, is twofolds..
1) you pay 7% on the declared pension, but the rest of offshore assets, if properly structured, can stay tax free
2) there is no 183 days rule enforceable, so in practice you can spend the summer on your beach, and the rest elsewhere as you please, provide you spend over 6 months in the EU, and most of your italian time on the said beach.
you can get your health care in switzerland or elsewhere, just by footing the bill there.

05-24-26  panasonic

Fwiw, not sure when but eventually AI will kill big part of remote jobs.

In near future, if well conceived, UBI should be restricted to those who live in their country.

UBI is not a pension, given to people that prepaid during their working days, so yes, retired are free to relocate.

05-24-26  savo

iranians saying DT pipe dreaming

05-24-26  savo

carib.. that is what i suspected...if one likes long sandy beaches... the 7% option is a municipality in Sardinia... which is not bad... if one can find medical attention!

05-24-26  carib

Republican politicians warn Iran ceasefire deal could strengthen Tehran, would be 'disaster'

05-24-26  carib

Savo: in the summer, most beaches reachable by land are crowded, in Italy.
But I have my private Carib beach that you are welcome to share (in the carib)..
;-)

05-23-26  panasonic

Meanwhile, USA marking territory:

https://apnews.com/article/venezuela-us-military-aircraft-embassy-drill-b8feee6c1add9f2b48a2e1e1a1627579

05-23-26  panasonic

Savo, Saab knows exactly if Maduro was captured or self-ejected, the guy is a valuable piece for sure.

Not sure wife is safe in Italy or any place outside USA, probably went there to apply for immigration status.

05-23-26  savo

i do not know enough... but are there any good long stretches of under-crowded sandy beaches in Italy other than in Sardinia?

05-23-26  savo

carib.. in true 007 mode... i think Saab was a double agent.

05-23-26  carib

"A memorandum of understanding is being fine-tuned" to end the US-Iran war, a Pakistani security official who was briefed on the army chief's visit to Tehran and his meetings with Iranian leaders said on Saturday, referring to a memorandum of understanding.

The visit has made "significant progress" on the Islamabad Talks points toward ending the war, he said.

Taco?

05-23-26  carib

Luego de versiones encontradas, confirmaron que Camilla Fabri, esposa del empresario colombiano y presunto testaferro de Nicolás Maduro Alex Saab, abandonó Venezuela para regresar a su Italia natal, una semana después de la extradición de su marido a Estados Unidos.

Fuentes del Ministerio de Exteriores italiano informaron a EFE que Fabri "ha abandonado Venezuela para regresar a Italia". Sin embargo, no dieron más detalles.

05-23-26  carib

Panas: good point. Italy is the second biggest industrial exporter in the EU after Germany, but today most of the GDP consists in services, and those require digitalisation, rule of law, and use of the english language.
There is no rule of law in italy, low digitalisation,and insufficient use of english (even if less bad than Spain.
On the other hand.. Spain has 500 million spanish speakers globally.. and Portugal over 300 million portuguese speakers.
Italian is the leading language.. only for food and opera..

05-23-26  panasonic

Interesting stats on co-working spaces Italy vs Spain (from claude):

Key takeaways:

Italy is one of the larger coworking markets in continental Europe, but still behind Spain, the UK, and France.

Spain's Madrid and Barcelona alone exceed 660,000 square meters (~7 million sq ft) of flex space, having grown by more than a quarter in a single year.

Italy's fastest growth is happening in mid-sized cities like Bologna, Turin, and Bari, rather than just the traditional business hubs.

Spain has around 1,400 spaces in 2025, with Barcelona at 3.5% flex penetration of total office stock — notably higher than most Italian cities.

Bottom line: Spain currently leads Italy in total coworking capacity and penetration, but Italy is closing the gap with strong double-digit annual growth. Milan is Italy's clear coworking capital, much like Barcelona is for Spain.

05-23-26  panasonic

Carib, true you left and Italian economy started to cool down :-)

I don't think Spanish Industry compares to Italian or French, yet Spain is growing more.

05-23-26  carib

Merlino: true. I remember paying Panas in $ to get business class tickets paid in bolos. I think Veny should just dollarize, Panama style.

05-23-26  carib

Panas: it's simple: Italy has been declining.. since I left it!
(it's a joke, but unfortunately true)
Rome is cheap .. because it is declining, not the other way around.
Milan is expensive.. because it is a successful business, industrial and cultural hub.

05-23-26  panasonic

Merlino, yes that is true, during period of "raspar tarjetas".

But airport was packed with passengers from other countries buying tickets at deep discount from FX conversion.

But no, Plus Ultra started after that, airport was empty except those who paid their tickets at regular int'l price.

05-23-26  Merlino

I checked many times the gate during my trips in CCS airport to count how many passengers boarded the flight, it was notorious that each flight had only between 10 and 20 passengers.

We all knew those flights were abt. "something else".
...................................
There was a time during Chavez presidency, around 2008-2010 if I remember, when it was customary to actually buy and pay intl tickets not to travel but to use them as vehicles to get subsidized usd...the spread with black ones compensated the costs

At the time it was common to talk about almost empty planes

05-23-26  panasonic

Carib, we are talking why Spain doing better than Italy in growth dept.

Milan, Rome or Paris or London are top tourist destinations and expensive places, exactly the opposite a remote worker is looking for.

Prices of RE is Rome stalled for 15 years (your post), but Valencia or Malaga up 100% or more after covid, has to be driven by something other than tourism and being reflected in growth somehow.

Cost of living, access to decent hospitals, etc. in favour of Spain for those re-allocating to "reduce expenses".

05-23-26  panasonic

Spal, was during those days we had nothing to do at the airport other than walk around.

Not that I would fly plus ultra or ask questions, it was not a safe thing to do.

05-23-26  carib

Panas: you compare apples with oranges.
Rome is "umbelicus mundi", the eternal city. Malaga is a vacation spot. No Vatican in Malaga.
One of the problems in Rome is too many tourists and visitors, not too few. Even worse in Venezia.
The objective should be attracting people with good taste and money, not "the masses". That is not to be "elitist", but just common sense: the number of available spots is limited, so they should be for the "happy fews" (globally).

05-23-26  spal

I checked many times the gate during my trips in CCS airport to count how many passengers boarded the flight

===

Note to self ... be careful around Panas ...

;))

05-23-26  spal

Hann - "We have a place in Fukuoka" ... very cool.

05-23-26  spal


add no insatiable industrial military complex to feed... no wall street upon which to immolate the well being of the rest of the country...no medicare and medicaid and obama care no fanny and freddie... no endless wars... no military support for other countries endless wars... no veternas.. no space program.. no nasa... no dotcom buble... no metadata bubble.. no ai bubble... no central bank... no bidens.. no bushes...no cheneys..no blairs... all those guys care about is a good beer and shrimps at sunset watching the sea...


===

I do beleive el Savo is on a roll here ... bravo

05-23-26  spal

but instead you get a sanchez.. unless sanchez is the driver for decoupling.
is he ???


===

Probably not, but I liked Savo's writeup.

05-23-26  panasonic

Carib, cheaper than Milan probably still not enough attractive for tech workers or retired from cold countries who compare with Valencia or Malaga.



05-23-26  carib

PS: I still hold family properties there, not in centre: prices are not higher than 15 years ago... That is what I mean by "cheap".

05-23-26  carib

Panas: I mean.. it's way cheaper than Milano.. and Cascais..

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