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The US takes back its Chips industry from Taiwan, China +1, Japan and South Korea 1950-1990 to 2025-2040
04/16/2025
By 2025 bad economic theory was discarded, a clear path for the CHIPS manufacturing industry in the US is set forth and actions taken to do this. Morris Chang founder of TSMC got 20 years of experience at Stanford, MIT, Texas Instruments, everything he learned he learned in the US till Taiwan invited him to set up plants in that country in 1985. Bad economic theory that let this happen is being discarded in 2025. US decision by US Congress and the White House, the whole Nation, is to make Chips in America in 2025. Over 2025-2040 the entire Chips industry will be in the US similar to 1950-1990.
Linked Articles
Inside Taiwanese Chip Giant, a U.S. Expansion Stokes Tensions
NYTimes.com 04/16/2025
Tariffs fallout: The US will struggle to take on Asia over chipsBBC News 04/16/2025
Macron's role in setting up the nonrepayable $390 billion common funding for the European Recovery Fund
07/31/2020
Macron's effort to persuade Merkel and Germans of the need for common funding for European recovery and his persistence at negotiations with the Dutch and Swedes to secure 390 billion euros of funding aid has earned him increasing popularity in France. It also brings Spain, Italy, Greece and eastern European nations closer together with France and Germany as they fight the pandemic.
Linked Articles
Macron's popularity climbs after signing EU pandemic stimulus, reshuffling gov't
France 24 07/30/2020
Opinion: Extraordinary times call for extraordinary EU measures | DW | 21.07.2020DW.COM 07/21/2020
The moderating influence of business executives Gary Cohn, Wilbur Ross and Muilenburg on president Trump- change in policy on NAFTA, Mexico, China and Export Import Bank
04/14/2017
Business executives help moderate the campaign positions taken by Donald Trump during the first 100 days of his presidency, putting him closer to the traditional view on China, Mexico, NATO and Russia.
Linked Articles
Donald Trump’s Recent Policy Reversals Reflect Business Influence
WSJ 04/14/2017
Within Trump’s inner circle, a moderate voice captures the president’s earWashington Post 04/14/2017
Mitt Romney's turnaround takes him from the cautious Romney back to the spontaniety and boldness of "Dad"
10/10/2012
Mitt Romney and dad George Romney, three term governor of the U.S. state of Michigan. George Romney was known for his boldness in going over the fence to talk directly with UAW union workers.
Linked Articles
Wall Street Journal 11/01/2012
Lessons From a Father's CampaignWall Street Journal 10/10/2012
Italy's labor laws and competitiveness- the views and actions of Mario Draghi and Elsa Fornero
02/24/2012
Draghi tells WSJ interviewers what economist Dornbusch once told him- the Europeans were so rich they did not have to work anymore. Draghi and Fornero emphasize the large culture change needed in Italy. Fornero says too often labor, business, and govenment tweaked the rules to benefit one special group, and Italy lost its sense of being a rule bound society.
Linked Articles
Italy Official Seeks Culture Shift in New Law
Wall Street Journal 06/27/2012
Europe's Banker Talks ToughWall Street Journal 02/24/2012
Dim outlook for Rebalancing the World Economy
01/20/2011
The widening U.S. trade deficit with China in 2011 and no evidence of a shift to domestic consumption in the Chinese economy make it increasingly unlikely that there will be a rebalancing in the world economy.
Linked Articles
No Appreciation for the Rising Yuan
Wall Street Journal 06/21/2011
Don't Bank on China 'Rebalancing'Wall Street Journal 01/20/2011
Andy Grove of Intel and a reminder about Silicon Valley's role now missing role as a serious innovator and job creator at home
07/01/2010
Andy Grove reminded Silicon Valley about the dangers of forgetting manufacturing's important role in the U.S. in 2010. This is even more true today with the working class lagging behind in this recovery. He asked at the time what kind of society are we creating with professionally employed workers and lots of unemployed. It reminded him of 1932 with troops holding bayonets facing unemployed people outside the White House, and of his days in Hungary in the 1956 uprising. Grove also called for serious innovation which he did not see happening at the time in Silicon Valley.
Linked Articles
Andy Grove’s Warning to Silicon Valley
New York Times 03/25/2016
Andy Grove: How America Can Create JobsBusinessWeek 07/01/2010
Discussion between Goolsbee who favored lettting Chrysler go out of business and Summers who was concerned about the loss of jobs.
06/08/2009
Efforts by Jim Press and Chrysler to gain credibility with the government about its viability, by pushing slaes allottments to dealers. Jim Press did this even as inventory remained unsold on dealer lots. In the White House the debate between advisors was about a decision on Chrysler's future.
Linked Articles
Dealers Say They Were Led Astray in Chrysler's Final Days
Washington Post 06/16/2009
Obama’s Economic Circle Keeps Tensions SimmeringNew York Times 06/08/2009
Gordon Brown enjoys a moment of satisfaction as his plans are followed around the world.
10/14/2008
Gordon Brown sees the ups and downs with equanimity but he must have the satisfaction that this crisis for Europe and the world has brought out the best in him.
Linked Articles
British Prime Minister’s Stock Rises as His Bank Plan Lifts Stocks Worldwide
New York Times 10/15/2008
U.K. Chiefs Repair Image With BailoutWall Street Journal 10/14/2008
Bill Ford's committment to smaller cars and the ongoing shift across the spectrum with the Cruze at GM
07/31/2008
Bill Ford's interview with Bartiromo of CNBC and Business Week in which he outlines his struggle at Ford to focus managers on small cars and the new team of Ford, Mullaly and Farley that is focussing on small cars.
Linked Articles
Bill Ford on Tipping Points and Thinking Small
BusinessWeek 07/31/2008
GM plans $500M for 45-mpg small carDetroit News 08/22/2008
Ford Motor Company and the shift in message to "Quality, Green, Safe and Smart" from "American" or being "powerful" (1)
01/06/2008
Farley brings fresh thinking to marketing and advertising at Ford to get themes like safety and green into buyers minds.
Linked Articles
Wall Street Journal 03/18/2008
Ford's EcoBoost Engine Excites MarketerNew York Times 01/06/2008
Southwest Airlines' continuing effort to overturn the 1979 Wright Amendment, a federal law restricting flights from Dallas Love Field
05/10/2005
Efforts were made in 2005 to increase flights beyond the restriction to 7 states- originally the law restricted flights to 4 states. Southwest has been fighting this law passed as an amendment to an aviation law by U.S. House Speaker Jim Wright in 1979. Its intention was giving American Airlines the incentive to build a giant hub at the new 1974 Dallas-Fort Worth International Airport.
Linked Articles
Southwest, United Locked in Dogfight
Wall Street Journal 05/24/2012
Southwest's Dallas DuelWall Street Journal 05/10/2005
On the occasion of Mr. Biden's launch of Indo-Pacific Economic Framework bringing together workers and families of America, Europe and India
06/01/2022
In 1931 Gandhi visited the Lancashire textile mill in Darwen owned by Quaker and Socialist Davies family. This BBC account of that visit shows the enthusiasm of workers in Lancashire for "Gandeye" and how Gandhi felt the workers treated him as one of their own. Only 14 years later the same workers and families voted in Labour and Clement Atlee who immediately started the negotiations with Gandhi for Hind Swaraj and the independence of India. It shows how Gandhi would look at the economic alliances and new supply chain president Biden announced and Mr. Scholz of Germany called for at the Hanover Trade Fair in 2022 - that the sound foundation for a new supply chain is the interests of American and European workers and families, as well as interests of workers and families in partner countries such as India in the Free World.
Linked Articles
When Gandhi met Darwen's mill workers
BBC News 06/01/2022
Gandhi Jayanti 2018 special: When Mahatma Gandhi was welcomed by textile mill workers of LancashireThe Indian Express 06/01/2022
Eliud Kipchoge and Roger Bannister - contrasts and the running style
10/13/2019
Kipchoge's entire focus is on running in 2019 with the world watching and the richest man in Britain heading company Ineos backing him. Bannister is only shown later on BBC and is focussed on completing his medical studies, with no major financial supporter.
Linked Articles
The barrier broken on salad and spikes
The Times 10/13/2019
London Marathon 2019: Eliud Kipchoge on freedom, simplicity & power of the mindBBC Sport 04/26/2019
Two party systems and Malaysia's UMNO Party- (2) the future economic prospects of Malaysia under Razak, India under Modi, Indonesia under Widodo
12/08/2014
Najib Razak follows his father Tun Abdul Razak, Mahathir before him, all the way back to Tunku Abdul Rahman, all of the UMNO party, in an uninterrupted control of the United Malay Naional Organization Party which has ruled Malaysia for almost 6 decades. Malaysia has followed the example of Lee Kuan Yew in Singapore by keeping the opposition parties weak to maintain control. Both the UMNO and the party of Lee in Singapore face questions about the merits of suppressing the development of two party systems, at a time when government is changing hands to opposition parties in most of the region and improving economic prospects in each country with a change of government- Abe in Japan, Widodo in Indonesia, Modi and Sharif in India and Pakistan, Aquino in the Philippines, Wickremesinghe in Sri Lanka. A economic drift with no clear direction under Singh and Bhutto in India and Pakistan was reversed with the election of Modi and Sharif, the economic drift and deflation under the Kan and Noda governments was reversed in Japan with the election of Abe, and the economic drift in Indonesia is being reversed by the Widodo government. This shows how critical two party systems are to functioning democracies as middle classes develop and voters look for competing views of the future to choose from.
Linked Articles
Fund Controversy Threatens Malaysia’s Leader
Wall Street Journal 06/19/2015
Indonesian President Joko Widodo Pledges to Cut Investment BarriersWall Street Journal 12/08/2014
Election of a moderate cleric Rohani as Iran's president in 2013 after years of economic discontent from international sanctions.
07/13/2012
Rohani has attended theological seminary. He also attended law school in Tehran University and in Scotland where he completed master's and doctoral degrees in law. This gives him a unique understanding of the concept of the rule of law for an Iranian cleric. He cited his achievement of avoiding international sanctions as chief nuclear negotiator fo president Khatami, contrasting this with the Ahmadinejad years during pre-election televised debates.
Linked Articles
New Iran Leader Seen as Moderating Force
Wall Street Journal 06/16/2013
Iranâs Airliners Falter Under SanctionsNew York Times 07/13/2012
The failure of economic policy in China and the muddle China is getting into
01/20/2011
Inflation and massive allocation of capital away from consumers with current economic policies. The dim prospects for rebalancing the world economy. The potential for collateral damage to the world economy.
Linked Articles
New York Times 01/20/2011
Don't Bank on China 'Rebalancing'Wall Street Journal 01/20/2011
Traffic Jam- Extreme air pollution from hyper levels of automobile growth in China
08/24/2010
Linked Articles
Wall Street Journal 01/16/2013
China Traffic Jam Could Last WeeksWall Street Journal 08/24/2010
Apple products at manufacturing plants in China and at retail stores in the U.S.- low worker pay and lack of future prospects
05/29/2010
The high margins for Apple achieved through a combination of keeping costs low- even at the risk of providing poor wage and working conditions for the majority of employees employed in the retail stores in the U.S. and in supplier Foxconn plants in China- and by a grasp for innovation and technology. The paradox of a well deserved image for pioneering in technological innovation and the indifference to working conditions and prospects for employees who add value in manufacturing and customer interface. This model of growth is a recent development, put in place after 1997. In 1995-1997 Apple was nearing collapse under Michael Spindler and Gil Amelio, as documented by WSJ technology reporter Jim Carlton in his book- "Apple- The Inside Story of Intrigue, Egomania, and Business Blunders." Steve Jobs returned as CEO in 1997 and set the future course and this model in place emphasizing design, his ability to grasp technologies that would appeal to customers, and hired Tim Cook to set up the manufacturing which had high rate of defects and higher costs. The model was as full of paradoxes, of genius combined with mediocre behavioursas the man Steve Jobs. Tim Cook has responded to criticism in 2012 by having the Fair Labor association audit Foxconn plants in China. Foxconn increased wages in 2012, shifted plants to the interior of China, and increased use of robotics.
Linked Articles
Wall Street Journal 05/29/2010
Apple Stores Army, Long on Loyalty but Short on PayNew York Times 06/23/2012
With $5 trillion of new debt issue estimated in 2009-2010, the prospect of continued bailout of auto industry for years dims outlook for reversing this.
06/03/2009
Some experts point to the need for a 50% reduction in capacity in the auto industry from 2008. Demand may be lower than the 9.5 million vehicle year that the auto task force says is needed for GM to breakeven. This will mean continued government aid to the industry for a number of years.
Linked Articles
Rising Interest on Nations’ Debts May Sap World Growth
New York Times 06/04/2009
Kicking the Tires on the General Motors DealWashington Post 06/03/2009
Gorbachev, Medvedev or Putin, and whats Russia's real thinking and priorities?
08/20/2008
Putin clearly has something personal that grates him about Sahkavili and this has been injected into already evident Russian sore feelings since the 1990's, so its hard to make out where Russia's real priorotoes lie with Europe or without. It still appears that after Georgia they are still firmly with economic integration with Europe.
Linked Articles
West Baffled by 2 Heads for Russian Government
New York Times 08/21/2008
Russia Never Wanted a WarNew York Times 08/20/2008
Greenspan and his philosophy that let him take such an ambitious experiment in unrestrained markets.
04/08/2008
Grennspan took huge risks in his ambitious experiment with the American economy of a philosophy that simply said allow markets to operate unrestrained and trust in humans benevolent intentions and enlightened self interest. Goodman and Ip document the details. Did he believe that there was something miraculous that would prevent things from imploding, something inherently sacred about an idea of markets, when plain common sense like Buffets said that the arithmetic did not add up and in the end thats all that counts common sense.
Linked Articles
Taking Hard New Look at a Greenspan Legacy
New York Times 10/09/2008
His Legacy Tarnished, Greenspan Goes on DefensiveWall Street Journal 04/08/2008
Failure to invest in tech startups dims hopes for a shift away from a commodity based Russian economy- 2005-2015
10/08/2006
Linked Articles
Russia's Tech Startup Scene Retreats Amid Ukraine Conflict
Wall Street Journal 09/09/2014
Germany Drafts Policy for Europe to Strengthen Russian TiesNew York Times 10/08/2006
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