Debt Rattle October 16 2022
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More LA third world shithole footage
Hey, let’s put a couple million illegals into this mix.
I just drove through downtown L.A.
What is saw shocked me to the core.
3rd world conditions on *every* block. Tent cities. Filth. Drugs. People digging through, living in and eating trash. Broken lives everywhere.
This is not America.
See for yourself… pic.twitter.com/TjISz3rBIY— Benny Johnson (@bennyjohnson) October 16, 2022
This looks dramatic. Every American in Chinese computer chip manufacturing just had to choose between that job and US citizenship, so just left China, collapsing their chip-industry.
https://www.zerohedge.com/technology/what-annihilation-looks-biden-export-controls-wreaking-havoc-chinas-chip-industryAnybody got some reality on this?
@John Day Maybe have a look at this … https://en.wikipedia.org/wiki/List_of_semiconductor_fabrication_plants to get an idea of how the USA is not the center of the chip industry.
Interesting. Lockdowns and emergency powers were likely a practice run for what is next. “Something big is coming.” confirms what others are saying.
And if it’s not international conflict, it will probably be governments moving against their own citizens. Martial law? Fuel rationing?
China chip industry.
No problem. Work 8 hrs on the book then another 2 hrs off the book.
Sell to your friends.@ Dr. John Day – This looks dramatic.
____________________No kidding, … results so far:
From their 52-week highs to recent 52-week lows:
Intel (INTC) was down 56%;
Micron (MU) was down 50%;
Nvidia (NVDA) was down 69% (its products having been directly targeted by the Biden administration); and
AMD (AMD) (also directly targeted) was down 67%.
Among US semiconductor equipment companies:Applied Materials (AMAT) was down 57%;
Lam Research (LRCX) was down 59%; and
KLA (KLAC) was down 45%.Chip war policy hurting US firms
Best,
F.S.
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