Recession kicks in. Huawei able to do 7nm...but the bulk of chip sales are at 14nm+. China in 2022 end has successfully dominated that market near 80%. The pre-order for Huawei mate 60 already reaching 10m+ just a week ago and projected to reach 60m by 2024 end. Meanwhile China pretty much banned iPhone "subtlely" by forbiding their government servants using that (which can translate to around 100m people if you read between the line meaning ccp members). The euphoric news sensations are mostly CIA Uncle Sam propaganda. If you go into labor market or ask any HR the picture aren't as rosy as what you read on the media. Also, I have very reliable source China already at 3nm just yield is very low for mass market production. They should be able to reach that around Dec 2024 though TSMC probably will announce their 2nm. So 2025 is when China on par with TSMC making the war inevitable around 2026 as many fengshui masters calculated large chaotic event in that year.
CEO pay is adjusted based on another CEOs in the market. Since every board members has already markup their CEO pays higher and then higher, the increases are what you see today for CEO pay. Not every CEO skills at Steve/Tim/Jensen but they all delude themselves by paying high, hoping they will eventually get Elon-quality CEO into their company and make their stock the next Tesla-NVIDIA-Netflix. Most of the time, they get Stephen Elop type of CEO, unconsciously destroying company in the name of strategic stakeholder value maximization (MBA lingo). Now what about workers? The good one will just hop away. They then will tell everyone "no one is replaceable" and then go on to mis-hire even more incompetent or noob staff in. Or they will outsource it just like Dell and others during Bush Jr time.
What they need to do is to publicly disclose the performance of their CEO. Have CEOs rated by staff and publicly distribute this info worldwide. They also need to implement clawback dating as far as a decade depending whatever products they in charge during their tenure. And lastly, always put full jail offenses directly on CEO without any plea bargain. Not doable? Then workers need to get retrenched as they rightly deserve it when they didnt bother to hop away.
You do know that Fed will give the interest collected to Uncle Sam directly. The main downside is debt is a built-in timebomb to destroy economy when condition is "ripe". Now seems to be so for USA, weak military (defeated by Talebans, Russian shovels destroyed EVERY single American high-tech including rumored downing 2 F35s in Syria), dedollarisation due speed-up by alternatives Brics and cryptos, high-unemployment and recession, lack innovations and unable to manufacture goods (China at least able to build 7nm,nowhere in USA land able to build such), superb incompetent leaderships in centuries for USA. I am netflix and chill on this Dalio-predicted world event.
Same thing happened in China. Just the last 5 years we have seen how incredible productive and industrial China is. Able to completely manufactured their own chips while USA had to rely on external allies. Just on the hypersonic missile production along by on some analysts estimate, China avle to outproduce entire NATO combined by at least 25 to 1 ratio. The same already seen happening today when Russia alone can outproduce artillery shells about 6 to 1 what USA and EU can produce combined. I believe we are in the middle of world event witnessing something like destruction of Spanish armada (or now more aptly to say American armada) being played out in coming years.
That is basically correlation implying causation. Deflation has been happening with China mass producing cheaper goods than western world able to. My dollar able to purchase way more Nokia knock-off phones and yet my pay decrease during the same time. Yeah USA is experiencing decrease in aggregates demand. Economics are just number statistics fitting whatever school of economists decide to be. So many contradictions of theories in economics so bad that some have to actively attack the other schools (Misses? Chicago? Keynes?).
Think of it like guns. In the east, children don't touch guns that easy as Americans. So you not going to hear about accidental gunshot in the east no matter how stupid or how genius you are as Asian. In America, that is a normal annual statistical happenings. Fentanyl is like that. There are many incidents paper money laced with fentanyl where you touch it, you get fentanyl overdose. You almost can argue it seems foreign agents are slowly decimating American people to soften the take over with immigrants.
"This has never happened," said Dr. Ryan Marino, a toxicologist and emergency room physician who studies addiction at Case Western Reserve University. "There has never been an overdose through skin contact or accidentally inhaling fentanyl." https://www.npr.org/2023/05/16/1175726650/fentanyl-police-ov...
This is how foreign agents able to slowly destroy America. It is the people that make a country and not the land. Unalive the native and flood it with "specific" immigrants. Given how incompetent America congress is for the past 3 decades, we are seeing the beginning of fall of Rome unfolding in our lifetime. What a time to live in. Is like given a chance to see destruction of Spanish Armada or sack of Rome....defining moment in history of any fall of great superpower.
What specific immigrants do you mean? Most of the immigrants I'm aware of work in kitchens and construction sites or the skilled ones in software or medicine. Most of the people I see calling for ever more power and wealth for the plutocrats who would sell the nation for scrap are natives who want a piece of that action.
I’m old enough to have heard this theory with a few different variations, now, and I can’t help but hear the racial dog whistle undertones, even if the person making the argument doesn’t intend that. I don’t think there is any logical progression of this theory that doesn’t end with horrible cruelty towards “them”. It’s not like we haven’t seen this play out multiple times in the US.
Mostly due to supporting American stand of sanctioning Russia for Zelenskyy and partially sanctioning Chinese companies. In short, they did it to themselves. As for their citizens, I would say they are getting what they voted for (or didn't do any unalivement when some of those voted leaders betrayed their interest).
They rely on a few assumptions that seems universal to living organism on earth. One basic one is if that org live long enough on earth, their body composition of c14 should roughly match earth. This "long enough timing" can be short as few months to years depending on which part of the body you sample the dna for analysis. Is it definitive no. It is even accurate enough to be admissible in court very similar to lie detector. But the science and statistics analysis around it are very solid and well develop that for some people it is good enough for a guesstimate than just mere gut estimate. Of course if those aliens travel to earth from their home world and immediately die, then the c14 ratio will be off. But then again given so many things we don't know, some trade-off and assumptions needed. We revere Newton even though his formula is way way wrong when we discovered Eibstein relativity. Yet, we all still use Newton good enough formula in our day to day physics. Same with C14 even if it is used for this ETs.
If you visit Texas universities 5 years ago, there are many China students there. Their PhD candidates are mostly non white and non Americans. Fast forward today, these have significantly drop. Foxconn had to shutdown their silicon plant because of severe constraint skilled labor. Also, China has just mass produce all the lucrative 14+ nm at a fractions pricing which have started to decimate American revenue income in that market. Already many tech workers in Cali unable to find jobs after layoff 6mths ago. Good luck if Texans able to defy all these ecobomics fundamentals and achieve boom. I know solar and Solyndra failed badly. Even Tesla energy divisions now start to fizzle out.
