Voting for Biden/Harris is a vote for the ticket!! Over 81 million peeps voted for the ticket, and think the last 3.5 years has been awesome! Yes, they’re thrilled Joe bowed out, and it's now Kamala time! What’s so hard to understand? I wish “our side” would quit acting like Kamala has zero support. She has plenty.
Very good comment. I know plenty who are on the Kamala bandwagon - plenty of conservative Dems! You know, yearly subscriptions to the Met, regular Carnegie Hall subscribers…not much diversity there!
So Wall Street worked hand in hand with Main Street to offshore US manufacturing to China since Bill Clinton. The American people liked being able to buy more stuff with their loldollars because stuff made in China is cheaper.
Those export controls keep advanced tech out of China... but not out of Taiwan. All that Nvidia market cap... is people trying to get rich on a bet on the future profitability of AI chips designed in the US and made in Taiwan by TSMC with advanced tech.
So I guess in the end, this is about our betters making decisions about the viability of nation states. What is America, is it a people or an economic province managed by a global elite? Is Danielle right, is it time to pull the plug on support for the "domestic" manufacture of chips using advanced technology? And, how deep does she want to go looking for root causes?
I fear that whomever takes the oath on 20JAN2025, the new administration will take power just in time for an economic catastrophe that will make the great depression seem comparatively tame and brief, the collective West is going to receive its well deserved post-Soviet like collapse. There could possibly be a moral renaissance in the aftermath, since I am "only" 61 I might even live to see it happen. Or they could just blow everything up with nukes . . .
I don’t know Tex, the way things seem to be happening of late, Jan 2025 looks to be a million years away! The thing that worries me most right now is that not one person in DC, regardless of party affiliation, seems to realize the urgency of what we are facing militarily, fiscally, socially, politically, everyone has adopted the old, clueless attitude of, “What, me worry?” Time, I fear, is not on our side.
The “Fed,” the “government,” the “media,” are attempting to manipulate to make us act like we used to…it won’t work. It is simply stupid thinking and behavior: no idea what the “causes” are of our changed lives: we went DIGITAL. Fantasy has exited stage left. New narratives and rules are coming.
No “leveling up.” It’s retrograde. We don’t live there anymore.
New meme: “Do you want to be stupid?” You will lose.
Most of them are not serious and are fine with not being responsible - just take the cash and go on to the next thing, and screw that up as well.
Who and where are the serious and smart people that know the world has permanently changed and want a new education so they can take advantage of the new paradigm?
I'm not sure how much longer the federal government can ignore the expanding elephant in the room - a $35 trillion national debt increasing at a trillion dollars a quarter. When that debt balloon pops, the stock markets crash, retirement savings accounts become scarecrows protecting a barren field, and the reality that this current 20% inflation is nothing compared to what is on the horizon. It won't matter how much money the federal government can print as it will all be just as worthless. These are government toppling revolutionary dominoes lining up.
Naw, this can’t be right, General Yellen said that we could fight multiple wars on multiple fronts with multiple enemies and prevail!
Nope DJL, I think you must have gotten some bad information, everything is peachy and our military, our politicians are ready for anything that comes our way. Come on man, you’ve got to unburden yourself from what has been and realize that as long as Badass Biden is still in the Whitehouse we are good.
Of course, on the other hand, we could just be totally screwed.
The Gov money Intel got came with a LOT of DEI strings attached. And as Intel showed with gamer gate, they decided to go woke (they hired Anita Sarkeesian etc.).
When a company becomes dependent on government largesse for its success, it becomes subject to the dictates of that government. At the same time, it loses accountability to its shareholders and becomes insensitive to the competitive demands of the marketplace. Intel has done itself no favors with the gross defects in its last couple of generations of consumer CPUs, either.
Voting for Biden/Harris is a vote for the ticket!! Over 81 million peeps voted for the ticket, and think the last 3.5 years has been awesome! Yes, they’re thrilled Joe bowed out, and it's now Kamala time! What’s so hard to understand? I wish “our side” would quit acting like Kamala has zero support. She has plenty.
Very good comment. I know plenty who are on the Kamala bandwagon - plenty of conservative Dems! You know, yearly subscriptions to the Met, regular Carnegie Hall subscribers…not much diversity there!
I'm not an economist either.
So Wall Street worked hand in hand with Main Street to offshore US manufacturing to China since Bill Clinton. The American people liked being able to buy more stuff with their loldollars because stuff made in China is cheaper.
Those export controls keep advanced tech out of China... but not out of Taiwan. All that Nvidia market cap... is people trying to get rich on a bet on the future profitability of AI chips designed in the US and made in Taiwan by TSMC with advanced tech.
So I guess in the end, this is about our betters making decisions about the viability of nation states. What is America, is it a people or an economic province managed by a global elite? Is Danielle right, is it time to pull the plug on support for the "domestic" manufacture of chips using advanced technology? And, how deep does she want to go looking for root causes?
Like a lot of people who give investment advice, I'm not sure she's got the big picture totally sussed out.
I fear that whomever takes the oath on 20JAN2025, the new administration will take power just in time for an economic catastrophe that will make the great depression seem comparatively tame and brief, the collective West is going to receive its well deserved post-Soviet like collapse. There could possibly be a moral renaissance in the aftermath, since I am "only" 61 I might even live to see it happen. Or they could just blow everything up with nukes . . .
I don’t know Tex, the way things seem to be happening of late, Jan 2025 looks to be a million years away! The thing that worries me most right now is that not one person in DC, regardless of party affiliation, seems to realize the urgency of what we are facing militarily, fiscally, socially, politically, everyone has adopted the old, clueless attitude of, “What, me worry?” Time, I fear, is not on our side.
The “Fed,” the “government,” the “media,” are attempting to manipulate to make us act like we used to…it won’t work. It is simply stupid thinking and behavior: no idea what the “causes” are of our changed lives: we went DIGITAL. Fantasy has exited stage left. New narratives and rules are coming.
No “leveling up.” It’s retrograde. We don’t live there anymore.
New meme: “Do you want to be stupid?” You will lose.
Most of them are not serious and are fine with not being responsible - just take the cash and go on to the next thing, and screw that up as well.
Who and where are the serious and smart people that know the world has permanently changed and want a new education so they can take advantage of the new paradigm?
Who wants to be stupid?
attempting to manipulate to make us act like we used to…it won’t work.
I'm not sure how much longer the federal government can ignore the expanding elephant in the room - a $35 trillion national debt increasing at a trillion dollars a quarter. When that debt balloon pops, the stock markets crash, retirement savings accounts become scarecrows protecting a barren field, and the reality that this current 20% inflation is nothing compared to what is on the horizon. It won't matter how much money the federal government can print as it will all be just as worthless. These are government toppling revolutionary dominoes lining up.
The collapse will happen slowly, then all of a sudden...
On top of $78T to combat climate change according to Yellen. Plus don't forget the projected $22T in reparations Kama Sutra will support.
Naw, this can’t be right, General Yellen said that we could fight multiple wars on multiple fronts with multiple enemies and prevail!
Nope DJL, I think you must have gotten some bad information, everything is peachy and our military, our politicians are ready for anything that comes our way. Come on man, you’ve got to unburden yourself from what has been and realize that as long as Badass Biden is still in the Whitehouse we are good.
Of course, on the other hand, we could just be totally screwed.
I'm not an economist. That sounds right to me.
Not a Nobel winning economist, like the 51 who just signed on to and endorsed Bidenomics.
The Gov money Intel got came with a LOT of DEI strings attached. And as Intel showed with gamer gate, they decided to go woke (they hired Anita Sarkeesian etc.).
When a company becomes dependent on government largesse for its success, it becomes subject to the dictates of that government. At the same time, it loses accountability to its shareholders and becomes insensitive to the competitive demands of the marketplace. Intel has done itself no favors with the gross defects in its last couple of generations of consumer CPUs, either.