Wait, what's that about the offsetting revenue loss? They are projecting these tariffs won't even make money because of how deeply trade will be reduced?
Pummel the fck out of china. Apparel won’t come back here. Will go to Vietnam etcWait, what's that about the offsetting revenue loss? They are projecting these tariffs won't even make money because of how deeply trade will be reduced?
Are we going to completely flatline the global economy?
Remember you asked me once about foreign policy during the election? This is a potential example of what I'm talking about. China is a bad actor, and a dangerous one at that. But all the shit we buy from them is one of the major reasons they don't make a play at Taiwan.Pummel the fck out of china. Apparel won’t come back here. Will go to Vietnam etc
If we get our semiconductor industry up and running, do we care?Remember you asked me once about foreign policy during the election? This is a potential example of what I'm talking about. China is a bad actor, and a dangerous one at that. But all the shit we buy from them is one of the major reasons they don't make a play at Taiwan.
Long way to go.If we get our semiconductor industry up and running, do we care?
Pretty sure once we start, the rest of the world will follow suit, won't they?Wait, what's that about the offsetting revenue loss? They are projecting these tariffs won't even make money because of how deeply trade will be reduced?
Are we going to completely flatline the global economy?
Was walking the dog today with a neighbor who ran into a guy he went to high school with at a conference in Dallas. Guy took him out and drove him around Sherman, TX. Guess they're building giant Texas Instruments facility there and have already built hotels, a Costco, etc. This guy has bought up and renovated 100 cheap houses, and is renting them now, looking to sell once the facility is up and running and everyone moves in.Long way to go.
Government is letting 100s of millions of contracts.Long way to go.
Probably. The transition to (nearly) global free trade was basically a domino effect thing, right? I'd imagine the undoing would be similar.Pretty sure once we start, the rest of the world will follow suit, won't they?
Maybe that's Gödel's Loophole.There would likely be broad bipartisan support to limit executive power, and take back a bunch of stuff that is supposed to be powers of only congress .
But, neither side can trust the other side not to undo any law or agreement, when the pendulum swings. Right now that would be Republicans saying 'why would we limit our guy now, when if you ever get control of all branches you'll just do what you want."
So they won't do anything.
Long way to go.
That's being generous. The golden company Nvidia has all their chips made by Taiwan Semi. Just one example.
90% of the world's advanced AI chips made there
As long as we usher in a “golden age” then screw the world??Wait, what's that about the offsetting revenue loss? They are projecting these tariffs won't even make money because of how deeply trade will be reduced?
Are we going to completely flatline the global economy?
My son graduates next spring with bioengineering degree from Clemson and plans to go to seminary. I don’t think he’ll be very helpful 😂😂It isn't for a couple of years more fore the facilities to come online. At that point we will be 80,000 engineers short. And if you read the 2022 article below, it is admitted that the engineering degrees we are conferring aren't sufficient to need.
And thisWas walking the dog today with a neighbor who ran into a guy he went to high school with at a conference in Dallas. Guy took him out and drove him around Sherman, TX. Guess they're building giant Texas Instruments facility there and have already built hotels, a Costco, etc. This guy has bought up and renovated 100 cheap houses, and is renting them now, looking to sell once the facility is up and running and everyone moves in.
Taylor, Texas is another place that is getting a Samsung facility. A guy I went to law school with is the Mayor there and negotiated to get them in.
Interesting article. Thanks. Now, if I could only convince my son to go into materials engineering. Ugh.It isn't for a couple of years more fore the facilities to come online. At that point we will be 80,000 engineers short. And if you read the 2022 article below, it is admitted that the engineering degrees we are conferring aren't sufficient to need.
We fell behind for a couple of reasons. We were heavily invested in a technology we will nickname "Betamax", Taiwan Semi developed one we will call "VHS". It took us a long time to realize we were on the wrong path. Look up DUV vs EUV.Interesting article. Thanks. Now, if I could only convince my son to go into materials engineering. Ugh.
Found this interesting:
To help keep talent in America the Biden administration on Oct. 7 [2022] also unveiled export controls that ban U.S. citizens and permanent residents from supporting the “development or production” of chips in China.
A question: why hasn't the market figured this out in the US? Why have "we" fallen behind in chip manufacturing? Everyone has known semiconductor chips were going to be in strong demand for a long time. Why didn't US companies jump on this without subsidies?
Applies to much of overseas manufacturing. 24/7, payroll tax, unemployment, flsa, min wage, vaca days, benefits, workers comp, Fmla, osha, on and on.We fell behind for a couple of reasons. We were heavily invested in a technology we will nickname "Betamax", Taiwan Semi developed one we will call "VHS". It took us a long time to realize we were on the wrong path. Look up DUV vs EUV.
That is discussed in the article below along with culture. Taiwan had no problems having scientists working on a 24x7 schedule. Americans don't go through the cost and effort of a PhD to work the graveyard shift
Even when Intel's new great chips appear, they will still be far behind Taiwan. In other words, it is going to be sla sustained time of losing money before we catch up.
The 24x7 thing is why Jobs moved everything to China. We just don't have the number of engineers and that 24x7 mindset to turn around a Jobs request as quickly as China could
But they aren't moving their best chips to the US.
Was walking the dog today with a neighbor who ran into a guy he went to high school with at a conference in Dallas. Guy took him out and drove him around Sherman, TX. Guess they're building giant Texas Instruments facility there and have already built hotels, a Costco, etc. This guy has bought up and renovated 100 cheap houses, and is renting them now, looking to sell once the facility is up and running and everyone moves in.
Taylor, Texas is another place that is getting a Samsung facility. A guy I went to law school with is the Mayor there and negotiated to get them in.