Nobody invests in a country at war. The US federal government appears broken. Just try to understand what DOGE is doing to the social security system. Other government agencies already disappeared.
Because Silicon Valley, or the current best place for stuff like this, in the US. Can have a wide range of engineers, with just the right sorts of experience. With further ones,poachablepossibly available from existing companies near and far, in the US, and ones who are happy to come and work in the US.
Currently the best place, maybe. In 10 years time when the effects of the gutting of US science are felt, not so much.
And, of course, add in all the incarcerations of tourists and (illegal) deportations of people with valid visas, and who would want to go there.
I worked happily for (decent) US companies for 20 years. Nowadays I would look elsewhere.
Because Silicon Valley, or the current best place for stuff like this, in the US. Can have a wide range of engineers, with just the right sorts of experience. With further ones,poachablepossibly available from existing companies near and far, in the US, and ones who are happy to come and work in the US.
Currently the best place, maybe. In 10 years time when the effects of the gutting of US science are felt, not so much.
And, of course, add in all the incarcerations of tourists and (illegal) deportations of people with valid visas, and who would want to go there.
I worked happily for (decent) US companies for 20 years. Nowadays I would look elsewhere.
I guess the answer is, that things change over time. I still think 10 or 20 years, is a long time in the future, and things could go either way. I.e. The US could get better and better again, or it could carry on, on its (apparent?) downwards spiral.
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But it was the advent of World War 2, and the massive destruction, harm and removal from the world stages, of many countries round the world. That helped propel, the US, into the great (opinions can vary), position the US found itself, in the years between the end of world war 2, and recent times.
E.g. The First moon Landing, is rumored?, to technically be as a result of Germany's development of ballistic missiles (e.g. the V2), rocket technology and the mass removal/transfer of many prominent Physicists and rocket scientists of the time (from Germany) to the US. That helped them be able to develop it (the rocket), and be the first to (manned flight) land on the Moon.
E.g. The First moon Landing, is rumored?, to technically be as a result of Germany's development of ballistic missiles (e.g. the V2), rocket technology and the mass removal/transfer of many prominent Physicists and rocket scientists of the time (from Germany) to the US. That helped them be able to develop it (the rocket), and be the first to (manned flight) land on the Moon.
Rumoured?!
I presume you are aware that all the successful US rockets up until the 80s originated from people in Huntsville, Alabama. That's where Werner von Braun and many of the other people spirited away from Peenemunde ended up. Even to a pre-teen child that was well known in the 60s, wasn't hidden but wasn't dwelt upon.
I presume you are aware of von Braun's history: "I'm responsible for making [V2s] go up, where they come down is somebody else's responsibility".
But it's all about the perception of stability. This is the real damage No.47 has caused. America no longer looks as stable and reliable for investors.
But it's all about the perception of stability. This is the real damage No.47 has caused. America no longer looks as stable and reliable for investors.There was like 2 weeks of turmoil.
Meanwhile deals were made with Softbank and Apple to invest combined a trillion dollars.
It's like having a magician, and people are always looking at the wrong thing.
The only mistake was made when they demonstrated the capability of shutting down some weapons systems, which made half the EU look for our domestic suppliers instead of the US MIC.
Excellent articles from Nate Silver (former FiveThirtyEight statistician & writer) on the tariff situation. These are free, you don't need his subscription.
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https://www.natesilver.net/p/we-shouldnt-rely-on-markets-to-tame
That's looking at the wrong market; the stock market indicates what people think of (the future of) companies.
The 10year Treasury bond market indicates what investors think of the government, especially the risk of lending money to the government. That's become 10% worse (4.0%->4.4%) in the past week, an enormous shift.
What killed the UK's idiotic Liz Truss "reforms" was that they spooked the bond market; we are still feeling the bad effect in the form of increased debt repayment.No it's lockdown we're currently feeling the effect of. Truss' lunacy was quickly reversed. Boris's is still casting a long shadow.
The consequences of Truss' idiotic reforms hit the bond market long after Johnson's idiocies - and continue to affect the bond market. The point is simple: our governance system was so dimwitted that Truss could make idiotic changes, hence our governance system is not as reliable and trustworthy as previously believed.
I would not bet against the same happening with the perception of President Chamberlain's "reforms". Compounded, of course, by his remarkable gutting of US science and hence the ability of the country to continue to be at the forefront.
China is more than willing to step up, and many Chinese people call Trump "the nation builder". Not the US nation, of course.
N.B. that has been happening since last year, e.g. https://timesofindia.indiatimes.com/world/us/chuan-jianguo-why-chinese-nationalists-are-cheering-for-donald-trump/articleshow/116293695.cms
I see the tariff on China has reached 145%. He forgot to add in the existing 20% yesterday - it's so hard to keep track.
In other news, egg prices have hit a record $6.23 per dozen. Now that is an awkward issue!
https://www.bbc.co.uk/news/live/cn4jjw30d5qt
Excellent articles from Nate Silver (former FiveThirtyEight statistician & writer) on the tariff situation. These are free, you don't need his subscription.
...
https://www.natesilver.net/p/we-shouldnt-rely-on-markets-to-tame
That's looking at the wrong market; the stock market indicates what people think of (the future of) companies.
The 10year Treasury bond market indicates what investors think of the government, especially the risk of lending money to the government. That's become 10% worse (4.0%->4.4%) in the past week, an enormous shift.
What killed the UK's idiotic Liz Truss "reforms" was that they spooked the bond market; we are still feeling the bad effect in the form of increased debt repayment.No it's lockdown we're currently feeling the effect of. Truss' lunacy was quickly reversed. Boris's is still casting a long shadow.
The consequences of Truss' idiotic reforms hit the bond market long after Johnson's idiocies - and continue to affect the bond market. The point is simple: our governance system was so dimwitted that Truss could make idiotic changes, hence our governance system is not as reliable and trustworthy as previously believed.It's taken four or five years for the long term economic effects of lockdown to manifest themselves, such as inflation for example, as a result of injecting huge amounts of money into the economy. It's no surprise the market lacks faith in the UK government, given they could pull off a similar stunt in future.
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The eggs price is due to the Avian Influenza (bird flu) outbreak. Not related.
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The eggs price is due to the Avian Influenza (bird flu) outbreak. Not related.
He was fast enough to take credit for the eggs price dropping - due to an easing of the bird flu outbreak. A silly thing to make anelectionoops, competition issue of.

Just try to understand what DOGE is doing to the social security system. Other government agencies already disappeared.
Just try to understand what DOGE is doing to the social security system. Other government agencies already disappeared.Wellll, that's an interesting one, because guess what? it turns out that even Republicans--even MAGA Republicans--rely on, are used to relying on, and expect to be able to continue relying on Social Security.
It's what they refer to here in the US as one of the "third rails of politics".
A "living on SS myself" K
Where??? Which States?? What "Long Lines"Where??? Which States??
I just drove by a SS Office, where did the line go??
What "Long Lines"Where??? Which States??
I just drove by a SS Office, where did the line go??Just wait. The rule changes requiring SS recipients to appear in person at an office, rather than over the phone or online, are just now going into effect.
Give it some time, you'll see. (Unless the rules are somehow rescinded, which is always a possibility.)
The U.S. has a trade deficit just shy of a trillion dollars for goods and services (including online and financial services). Clearly this can't continue, and with neither the EU or China showing any interest in resolving it, I don't see any other recourse than to start shutting down trade. Do you? If so, what?
The U.S. has a trade deficit just shy of a trillion dollars for goods and services (including online and financial services). Clearly this can't continue, and with neither the EU or China showing any interest in resolving it, I don't see any other recourse than to start shutting down trade. Do you? If so, what?
The U.S. has a trade deficit just shy of a trillion dollars for goods and services (including online and financial services). Clearly this can't continue, and with neither the EU or China showing any interest in resolving it, I don't see any other recourse than to start shutting down trade. Do you? If so, what?
The U.S. has a trade deficit just shy of a trillion dollars for goods and services (including online and financial services). Clearly this can't continue, and with neither the EU or China showing any interest in resolving it, I don't see any other recourse than to start shutting down trade. Do you? If so, what?
The U.S. has a trade deficit just shy of a trillion dollars for goods and services (including online and financial services). Clearly this can't continue, and with neither the EU or China showing any interest in resolving it, I don't see any other recourse than to start shutting down trade. Do you? If so, what?And then how to redress the US deficit ?
Nearly 200yrs ago forcing China into trading to redress the same issue started the Opium wars....not something you wanna get into with modern day China.......