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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
How television channels and internet media are failing to ask questions about what will be done on climate change action 2024-2028?
07/31/2024
Linked Articles
How the Murdoch family ended up in a legal fight over the future of Fox
Washington Post 07/31/2024
What Rupert Murdoch Owns, and How He Built His Media EmpireNYTimes.com 07/30/2024
Trump's business empire- overleveraging, debt, excessive risk, and shrouded in mystery, what the WSJ calls "a narrow escape"
08/20/2016
The business dealings of Trump do not reveal the wisdom and financial best business practice that will be needed to get the middle and working class in the U.S. back on its feet, and to build the country's infrastructure and defense needs.
Linked Articles
Trump and His Debts: A Narrow Escape
Wall Street Journal 01/04/2016
Trump’s Empire: a Maze of Debts and Opaque TiesThe New York Times 08/20/2016
The pause in the U.S. economy with the May 2016 U.S. jobs report showing 38,000 jobs added
06/06/2016
Krugman discusses the U.S. May 2016 jobs report from the Labor Department. He says it will be harder to come up with a response to the political uncertainty in an election year, especially now that rates are near zero.
Linked Articles
Sharp Fall in U.S. Hiring Saps Chance of Fed Rate Increase in June
The New York Times 06/03/2016
A Pause That DistressesThe New York Times 06/06/2016
The huge contrast between Chancellor Merkel's approach and the approach of Obama and Cameron to the Syrian refugee crisis
08/20/2015
The German chancellor will be remembered in history for the way she handled the Syrian refugee crisis in 2015, and for the courage to say, "if Europe fails on the question of refugees, its close connection with universal civil rights will be destroyed." Reports in the Guardian newspaper say Germany is likely to accept about 1 million refugees in 2015. Chancellor Merkel says about 800,000 refugees will be admitted in 2015. Contrast this with the UK reports the Guardian which has 166 refugees admitted to the UK, and reports in the WSJ that about 1500 refugees have been admitted to the U.S.. Merkel has taken on the challenge in a spirited way as Europe faces anti-immigrant sentiment and rallied German society in a way that is remarkable. The withdrawal of the Obama administration from the Middle East led to the collapse of the fragile situation in Libya, Iraq and Syria, and the unravelling of these countries, leading to the current refugee crisis with about half of the Syrian population dislocated and large parts of the population of Libya, Iraq, and Kurdish regions dislocated.
Linked Articles
U.S. Pressed to Take More Syrian Refugees
Wall Street Journal 09/05/2015
Why some German universities will educate refugees for free - The Washington PostWashington Post 08/20/2015
Bank of Japan's Kuroda adopts the ECB's Draghi's stance on the economy, saying "we will do whatever it takes" in Nov. 2014
10/31/2014
Efforts by Kuroda to reach the 2% inflation target in 2 years.
Linked Articles
Bank of Japan Announces Massive Stimulus Move
Wall Street Journal 11/01/2014
Japan Abruptly Acts to Stimulate EconomyNew York Times 10/31/2014
Faces the U.S. Federal Reserve's Janet Yellen will have in mind as she shapes Fed policies
01/23/2014
The long term unemployed will shape Yellen's thinking on Fed policy in 2014-2015, especially men of working age.
Linked Articles
More Men in Prime Working Ages Don't Have Jobs
Wall Street Journal 02/06/2014
Don’t Expect Job Data Alone to Persuade Fed on RatesNew York Times 01/23/2014
Missteps of German brands in the U.S. market 2013-2015- Adidas and VW
09/06/2013
Linked Articles
How Adidas Aims to Get Its Cool Back
Wall Street Journal 03/26/2015
VW's $1 Billion Bet on U.S. Factory SputtersWall Street Journal 09/06/2013
Lenovo's effort to increase smartphone sales in China and emerging markets
08/14/2012
Lenovo is positioning itself to become the dominant smartphone company in China, second only to Samsung. It is creating a brand presence in China's rural areas for PC's and mobile devices which is likely to further enhance sales. This effort extends to other emerging markets in Asia such as India and Indonesia. Other strategic decisions include bringing in more manufactuing in-house compared to competitors HP and others in the PC industry.
Linked Articles
Wall Street Journal 10/25/2012
HTC Beefs Up China Push as U.S., Europe LagWall Street Journal 08/14/2012
Living wills of major banks in the U.S. under Dodd-Frank legislation
05/10/2012
The "orderly liquidation authority" of the FDIC and the U.S. Federal Reserve under the Dodd-Frank legislation provides a framework for bank resolution in the event of a crisis- something lacking in the 2008 financial crisis when Lehman Brothers collapsed. The largest finanial firms are required to write living wills so that orderly resolution can take place. Nine of the largest finacnial firms in the U.S. including Deutsche Bank, Credit Suisse and UBS, have submitted the wills to the Fed and the FDIC.
Linked Articles
Wall Street Journal 05/10/2012
Banks' 'Living Wills' UnveiledWall Street Journal 07/03/2012
BP stays in the Gulf after the Gulf Oil Spill
03/03/2012
BP executives say BP plans to invest $4 billion each year in oil exploration in the Gulf of Mexico for the next decade, 2012-20122. Investments will be made in safety for deep water drilling.
Linked Articles
BP Expects to Spend $4 Billion a Year in Gulf
Wall Street Journal 04/30/2012
BP, plaintiffs reach Gulf of Mexico oil spill settlement - The Washington PostWashington Post 03/03/2012
Research in motion's Blackberry faces steady decline with slow sales of Blackberry 7 smartphones
01/28/2012
Blackberry takes a $267 million writeoff on unsold Blackberry 7 model phones at retail stores in March 2012. After new CEO Thorsten Heins took over his strategy was to put put more of the new Blackberry 7 model phones into user hands. The failure to compete with new Android phones and the Apple iPhone places Research in Motion into a position from which it will be hard to recover.
Linked Articles
Wall Street Journal 03/30/2012
New RIM Chief Plots OverhaulWall Street Journal 01/28/2012
The second Stimulus in China in 2012-2013 and the problems it will create
12/24/2011
The acceleration of the 254 investment projects in China in May 2012 will only worsen existing problemsof the housing bubble, glut in steel production, overemphasis on infrastructure spending at the expense of consumption, negligible earnings on savings for ordinary families accompanied with unaffordability of housing, underinvestment in healthcare, creating more imbalances that will need to be addressed in a crisis atmosphere.
Linked Articles
China’s stimulus policy means trouble down the road - The Washington Post
Washington Post 05/31/2012
We all have a stake in China’s real estate bubble - The Washington PostWashington Post 12/24/2011
Why Trump plan to end tax on Social Security benefits is a fatal mistake
08/17/2024
Senator Larson says it is a fatal mistake as lost revenue is not made up leading to a Medicare insolvency in 2031, and Social Security insolvency in 2033. Social security benefits will then by law will be cut in 2033 by 25%., a dangerous step tragic for many on Social Security who are pushed into poverty.
Linked Articles
CNBC 08/17/2024
Donald Trump's Suggestion to End Taxation of Social Security Benefits | Committee for a Responsible Federal BudgetCommittee for a Responsible Federal Budget 08/17/2024
Economic losses of 3% in GDP per head with Brexit and 8% with no-deal Brexit leaving Britons poorer
12/01/2018
As the Brexit option becomes clear as a hit to ordinary Britons and the British economy prime minister Theresa May takes her deal to the British parliament for a vote. Most opinion says it will be rejected, if not rejected outright by Conservatives and Labour MP's. A second vote may be taken. The Opposition Labour Party prepares for a new election with a divided government.
Linked Articles
The Economist 11/30/2018
Don’t write off the prime minister’s deal just yetThe Economist 11/30/2018
Why initiating Brexit by invoking the Lisbon Treaty's Article 50 could go into 2017, or even past 2020 into new general elections- (1) the pro stay vote in Ireland and Scotland
08/16/2016
Theresa May, Britain's prime minister, is deeply committed to the idea of the union of England with Scotland and Ireland. Invoking Article 50 of Lisbon Treaty, a step necessary for Brexit, would also lead to Scotland's ruling Scottish National Party to initiate plans for a second referendum for Scottish independence, as Scotland votd to remain in the European Union. The issue of Ireland and Northern Ireland's vote to remain in the EU would also lead to serious repercussions. In short it will be hard to separate the leave vote in England from the stay vote in Scotland and Ireland, as it will be difficult for most British people to imagine a England without a British identity. If the referendum had asked the second question "Do you still vote leave if this means the end of Britain or the United Kingdom?" the vote could have turned out differently for nationalist voters.
Linked Articles
Wait and see: Theresa May is in no hurry on Brexit | Europe | DW.COM | 15.08.2016
DW.COM 08/15/2016
No return to border controls in Northern Ireland, UK PM May says | News | DW.COM | 25.07.2016DW.COM 07/25/2016
The Chinese market in 2015 and pitfalls for Yum Brands and its KFC, Pizza Hut stores in China
10/21/2015
Rapid growth and then a public scare with media reports of falling quality standards hurt KFC outlets. Local Chinese and Taiwanese brands offer more options at the higher and lower ends of the price range. Other European competitors partnering with local Chinese companies offer better value and quality upscale hurting Pizza Hut stores. And suddenly the whole landscape has changed for Yum Brands in China. It shows the Chinese market is no place for the complacent, that the discriminating tastes of consumers and search for healthier alternatives is taking place in China, India and other developing countries, just as much as it is in the U.S.
Linked Articles
China Isn’t the Easy Market It Once Was for Fast-Food Chains
Wall Street Journal 10/21/2015
Yum Brands to Split Off China BusinessWall Street Journal 10/21/2015
Hillary Clinton's plan to change the way the capital gains tax works to encourage long term investors
07/27/2015
Under Hillary Clinton's plan the lower rates for capital gains tax would be introduced with a sliding scale at the highest tax bracket of 39.6%, with the rate gradually declining in year 4, and the rate not reaching the current rate of 23.6% (20% plus a 3.6% surcharge) till year 6 following the investment. Clinton calls it a way to restrain "quarterly capitalism," disincentivize "cut and run shareholders," and incentivize investors "to build companies." One unintended effect of this could also be the shift away from investments that do not support improving productivity levels, to investments that have a longer horizon and have a material effect on productivity growth. Especially considering the low productivity growth improvements in the last decade, as productivity growth will be needed to break out of a period of stagnant wages.
Linked Articles
Wall Street Journal 07/29/2015
Hillary Clinton Aim Is to Thwart Quick Buck on Wall StreetNew York Times 07/27/2015
A call for increasing the minimum wage from 600 American economists saying this will help 28 million working age Americans, most disproportionately women
02/08/2014
Linked Articles
The Case for a Higher Minimum Wage
New York Times 02/08/2014
Over 600 Economists Sign Letter In Support of $10.10 Minimum Wage: Economist Statement on the Federal Minimum Wage | Economic Policy InstituteUnknown 02/09/2014
The uninsured without health coverage and the Obama health care law- why a majority of uninsured say it will increase their costs
12/18/2013
In a recent CBS/NYT poll 57% of the uninsured say it will increase their healthcare costs, only 20% of the uninsured say it will decrease their costs. A third of the uninsured say they will pay the penalty and not sign up for coverage under the law.
Linked Articles
Uninsured Skeptical of Health Care Law in Poll
New York Times 12/18/2013
Growth in U.S. Health Care Spending SlowsNew York Times 12/18/2013
The gradual liquidation of a retail stores brand
08/23/2013
Linked Articles
For Once-Mighty Sears, Pictures of Decay
New York Times 10/29/2013
Sears Crucial Appliance Sales ErodeWall Street Journal 08/23/2013
Lenovo's focus on emerging markets and its in-house manufacturing help it gain second place in the PC industry worldwide 2012-2013
05/29/2012
Lenovo is emerging as China's global brand with a large presence in China and India, the two fastest growing markets.
Linked Articles
As Rivals Outsource, Lenovo Keeps Production In-House
Wall Street Journal 07/09/2012
PC Firm Lenovo Hunts For Brazil AcquisitionsWall Street Journal 05/29/2012
Ford's plans to invest $1.3 billion to scale up its manufacturing operations in China
04/06/2012
Expansion of manufacturing facilities in Chongqing with a$600 million investment and a $760 million investment for a new plant in Hangzhou are part of Ford's effort to catch up with other manufacturers in China. Ford's forecast is for a 5% increase in the market each year for the next decade. The risk is that Ford will be scaling up just as the market is slowing after five years of hyper growth, with increased competition in the Chinese market hurting profit margins, and the distance of the Chongqing plant from the west coast of China making it harder to export to other emerging markets.
Linked Articles
Ford to Build New Plant in China to Catch Up With G.M.
New York Times 04/19/2012
Ford Plans to Boost Production in ChinaWall Street Journal 04/06/2012
Why America has a role to play as a leader for liberal democracy and free trade
02/10/2012
Much of the progress that the world has enjoyed in the last six decades is a result of America's leadership and championing of liberal democracy and its institutions, and free trade. A lot will be at risk if this role is jeopardized by a policy of indifference to American economic strength and astrong its manufacturing base, indifference to Europe as an invaluable partner of the U.S. with the same goals and ideals, and a new generation unaware of the role the U.S. played and continues to play in bringing the peoples of the world together around common goals and aspirations.
Linked Articles
Wall Street Journal 02/11/2012
Now That The Sun Has SetWall Street Journal 02/10/2012
Obama's 2012 presidential campaign and weak support from financially struggling white voters
01/13/2012
By a 26% margin financially strapped white voters affected by high unemployment favor Romney over Obama. This is wider than the 18% margin by which Obama, Kerry and Gore lost this group in prior elections. It will be crucial in states such as Ohio, Pennsylvania, Wisconsin and Michigan which were hard hit by the economic downturn.
Linked Articles
Romney holds key advantages among financially struggling white voters - The Washington Post
Washington Post 05/25/2012
White Blue-Collar Vote May Be Crucial in ElectionNew York Times 01/13/2012
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