So, the Dutch seized a Chinese owned semiconductor company: The Dutch government seizes control over Nexperia, one of Europe’s biggest chipmaker, owned by China. Nexperia’s Chinese operations pose a “threat to the continuity and safeguarding on Dutch and European soil of crucial technological knowledge and capabilities.” – 🇳🇱 Gov. pic.twitter.com/0PXmFIVvKp — NXT EU (@NXT4EU) October […]
The Twilight of Neoliberalism
A couple days ago I discussed the Dutch taking over Nexperia, a Chinese owned but Dutch domiciled company making commodity semiconductors. The company became Chinese owned because it was almost bankrupt, the Chinese bought it, fixed it and kept many jobs in Europe, including the headquarters. What I didn’t know about the story on Monday […]
John Maynard Keynes believed that ideas, hospitality, travel, knowledge and science should move freely between nations. if a country could reasonably produce something physical it needed, it should. Trade should exist, but be kept to a minimum. I’d like to highlight something Matt Stoller (the anti-trust guy) recently wrote: In May of 2020, the Chinese […]
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It’s for sure that there are those with great influence on him who want him to. Thomas Neuburger has the quotes, starting with Stephen Miller: [This is] Legal insurrection. The President is the commander-in-chief of the Armed Forces, not an Oregon judge. Portland and Oregon law enforcement, at the direction of local leaders, have refused […]
Stumbled across this recently: China aims to become custodian of foreign sovereign gold reserves to strengthen its standing in the global bullion market, according to people familiar with the matter. The People’s Bank of China is using the Shanghai Gold Exchange to court central banks in friendly countries to buy bullion and store it within […]
Starbucks sells expensive sugared drinks, and some of them have coffee in them. It’s been very profitable and despite some declines, remains so. The CEO was paid about $96 million last year. He was brought in to “turn Starbucks around”, and his main moves have been towards returning Starbucks to its roots as a “third […]
It should be that almost always they do what they promise, and they meet their goals. An American-Chinese silicon valley type spent some time in China recently (I don’t agree wit the whole article, but you should read it), and among the bits that stood out to me was this: In the US, when politicians […]
Some years ago I wrote an article about how to run a real left wing government. Seven Rules for running a real left-wing government Of course, it was really a guide for how to change the ruling ideology of a society. Because, yes, elites, apparatchniks and what as might be called a deep state state […]
I think we can put a peg in this. For years everyone’s being “we’re going fascist.” It’s done. It’s over. The US has gone fascist. Purges of the military, intelligence and law enforcement agencies to install personal loyalists; Troops in the capital, armed, with law enforcement rights, and a promise to do the same in […]