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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
Two visions for Rural America and the Rural America that president Biden is Building with investments from the Infrastructure Law
01/13/2024
President Biden's vision for rual America, the huge investments being made for the revival of Rural America, and ensuring opportunity for all whether they live in rural, suburbs or cities. This is the America president Biden is building. One has to go back to the days of FDR and Harry Truman of Independence,Missouri to grasp the future that Biden sees in rural America, in the heartland of America from the prairies to the Rocky mountains, and from the Southwest to Southeast, as well as in the Great lakes region.
Linked Articles
Rural Playbook | Build.gov | The White House
The White House 01/12/2024
Trump’s Hold on Rural America Is Key to His ResilienceWSJ 01/12/2024
Li Keqiang and the era of Openness in China 1977-2023
11/02/2023
LI Keqiang was able to pass entrance exams to Peking University in 1977 after entrance exams were reinstated following Mao's death. He led the modernization of China during the 2000-2022 period two decades of fast growth turning China into a middle income industrialized country after centuries of decline. During this period China urbanized at a rapid rate and Li's advanced studies focused on urbanization. It was also a period when China realized the damage done to the environment and quality of air, water, with haphazard growth, and shifted to climate change action through focus on solar energy and limiting use of coal.
Linked Articles
China Mourns Former Premier Whose Death Hovers Over Xi Jinping
WSJ 11/02/2023
Next Premier Came of Age in Era of OpennessWall Street Journal 11/16/2012
Severe floods in Germany 2021 Italy 2023 and effects of climate change in Europe
05/21/2023
The floods in Germany and Europe, the severe drought in parts of Spain and Italy are seen as signs climate change is here. At one southernmost point in Sicily the temperature recently reached about 49 degrees centigrade the highest ever in Europe.
Linked Articles
Italy’s disasters suggest the climate crisis is at the gates of Europe
The Guardian 05/18/2023
Scores dead, hundreds missing after massive floods in Germany, BelgiumFrance 24 07/16/2021
The trajectory in 2023 and beyond for Russia and Ukraine that was not evident in the first year of the war
04/07/2023
Russia faces a difficult situation ahead for its economy. Ukraine has survived the most difficult period with EU assistance and American support.
Linked Articles
Russia’s Economy Is Starting to Come Undone
WSJ 03/28/2023
Thwarting Vladimir Putin: The Ukrainian Economy Just Keeps On Going - DER SPIEGELSPIEGEL ONLINE 04/07/2023
How the transition from the Soviet Union in 1985-1989 was mismanaged by Gorbachev leading to a 40% drop in GDP, 2000% inflation, drop in life expectancy , worse than the US Great Depression in the 1930's
09/03/2022
It is not commonly known in the US how bad the collapse was in Russia after 1989. An understanding of this in the US and Europe not just of the Fall of the Berlin Wall and its effect on Eastern Europe and West Germany, is needed to get a complete understanding of what happened and the events leading up to the war in Ukraine and threats to US and the EU. It also helps in framing solutions for the future that include lessons learned.
Linked Articles
Mikhail Gorbachev, Germany's most beloved Russian, has died | DW | 31.08.2022
DW.COM 08/31/2022
Opinion | Wonking Out: The Nightmare After GorbachevNYTimes.com 09/03/2022
The origins of the coronavirus and the 2018 NIH lifting of a US ban on virus research that increases transmissibility
06/04/2021
Dr. Fauci, NIH, HHS, lifted the ban on research and manipulation of virus in lab settings in 2018 The role played by the Cambridge Group of scientists who opposed lifting the ban on gain of function research for surveillance purposes. The US public and the public in the world in India, Europe, Asia, Africa and Latin America unaware of what was going on. The devastating effects of the coronavirus in 202 and 2021 and the lack of a vaccine in 2020, lack of a vaccine in sufficient quantities in 2021. The paltry benefits of surveillance compared to the great risks of something going wrong, as pointed out by the Cambridge Group. Why was it ignored in 2018. Who makes decisions for public health in the world. Can the US make decisions for India, the people in Africa, Latin America and Asia. Does even the US public know about it, much less the public in the world at large. What power is given by the US Constitution to US government agencies on matters of public health. How are a few individuals at HHS and NIH accountable to the public in the US and the world at large.
Linked Articles
Opinion | Anthony Fauci and the Wuhan Lab
WSJ 06/03/2021
Ban on gain-of-function studies endsThe Lancet Infectious Diseases 06/04/2021
Trump, Microsoft and the ban on TikTok
08/04/2020
Microsoft would have to make a large outlay for TikTok with uncertain prospects as TikTok is losing money. The closer it gets to the U.S. ban date of September 15 the steeper the drop in value of TikTok.
Linked Articles
Trump Says U.S. Should Get Slice of TikTok Sale Price
WSJ 08/03/2020
Microsoft May Test the Faith With TikTokWSJ 08/03/2020
The damage done at Yahoo with failed acquisitions, flawed news strategy investments, followed by costcutting that led to low morale and departure of mobile engineer talent
01/10/2016
A series of bad moves by CEO Marissa Mayer leads to costcutting, layoffs and departure of mobile engineers to rivals Facebook and Google, depriving Yahoo of talent in the mobile business. The internet business is now up for sale with Verizon, Britain's Daily Mail bidding for it, and investor Starboard Value hedge fund pushing for the sale.
Linked Articles
Yahoo’s got millions of users, but it’s still in decline. What went wrong? - The Washington Post
Washington Post 04/20/2016
Yahoo’s Brain Drain Shows a Loss of Faith Inside the CompanyNew York Times 01/10/2016
The devaluation of the yuan in August 2015 as China responds to lower exports, the appreciation of the euro and the yen, and the U.S. Federal Reserve's plan to raise rates
08/12/2015
China's currency appreciated 9.2% against the euro and 57% against the Japanese yen with its soft peg to the dollar in 2013-2015. The 8.3% decline in China's exports for July 2015 over the prior year led to the policy action to devalue the Chinese currency, the yuan on August 11, 2015.
Linked Articles
China is trying to save its economy with a cheaper currency - The Washington Post
Washington Post 08/12/2015
China’s Devaluation GambitWall Street Journal 08/12/2015
The miscalculations and missteps of Russian president Putin in 2014 leading to a major crisis for the Russian economy in 2015
12/18/2014
A major miscalculation was totally misjudging Merkel and post-war German public opinion about policies that remind people about the period between the two World Wars- this is anathema to Germans who see the European Union as a way to build a new and different Europe. The other miscalculation was on how a foreign adventurous policy in Syria would affect Sunni world opinion, in particular Saudi Arabia. Just as Brezhnev took Russia into Afghanistan where Russia had no vital interest leading to eventual Soviet collapse, Putin risked alienating a key member in OPEC pricing moves and hurting Russia's economic interest. By not listening to Kudrin, the head of Sberbank, and other economic advisers from the first and second terms of the Putin-Medvedev administrations, Putin opened the door to two years of serious missteps, risking the very real accomplishments of the first and second term of creating a stable growing Russian economy with close economic ties to Europe. The only positive outcome of the crisis and low oil prices would be making the shift away from oil dependence, which was talked about but never seriously attempted in the Putin administrations. For this to happen major new investments would have to be made and technology links to the outside strengthened, both hammered by the missteps in 2013-2014. The irony of all this is that Putin gained the support of rural Russians in the countryside in the 2012 presidential elections by promising no return to the economic crisis conditions following earlier ruble collapses. Now by ignoring Kudrin and other wiser counsel from the first and second administrations he does just that.
Linked Articles
Putin’s Year of Defiance and Miscalculation
Wall Street Journal 12/18/2014
Russian President Vladimir Putin Seeks to Reassure on EconomyWall Street Journal 12/18/2014
Obama's second term- (5) the U.S. president's foreign policy failures in Syria and Iraq seen up close by Clinton and Panetta
08/11/2014
A Defense Secretary and Secretary of State in the Obama administration describe up close president Obama's failure to act at key moments in the crisis in Iraq and Syria. This has badly damaged the U.S. credibility and what it stands for in the Middle East and the rest of the world.
Linked Articles
A Rift in Worldviews Is Exposed as Clinton Faults Obama on Policy
New York Times 08/11/2014
Former Defense Chief Panetta Criticizes Obama in New MemoirWall Street Journal 10/07/2014
More women without jobs in 2014 compared to 2010, and the 20% of U.S. households in 2014 either underwater or with less than 20% equity in their homes
05/19/2014
Most parts of the Democratic base badly damaged in the Obama administration's policy decisions in the housing and mortgage crisis of 2008-2009. A delayed economic recovery with weakness in consumer spending as one of the predictable outcomes of the policy decisions taken for homeowners.
Linked Articles
Economic Recovery Yields Few Benefits for the Voters Democrats Rely On
New York Times 05/19/2014
Mortgage, Home-Equity Woes LingerWall Street Journal 05/20/2014
Transition Investing hits $1.8 trillion in 2023 a 17% increase to tackle climate change
03/03/2024
ESG or environmental social governance seemed to be telling people they were inadequate and telling them what they needed to do. Now Larry Fink of Black Rock sticks to Transition Investing. The dangers of climate change are everywhere and well known. The transition was needed, and how to make it happen, how to make the transition with the right investments, how to prepare for the future- this is Transition Investing.
Linked Articles
Step Aside, ESG. BlackRock Is Doing ‘Transition Investing’ Now.
WSJ 03/03/2024
WSJ News Exclusive | The Investment Firm That Keeps Raising Giant Climate FundsWSJ 02/05/2024
Reagan, Greenspan and America's lost years 1980-2009
11/17/2023
It was in this period that many of the problems that we face today were created through policies of low interest rates, deregulation and financial market speculation leading to the financial crisis of 2008. At the beginning of the Reagan administration in 1980 China was still a country of bicycles and largely rural, by 2009 it had transformed itself into the largest manufacturing nation in the world and continued to 2023. In the US financial deregulation and lack of health care for all allowed financial interests to become the dominant force in the economy in a speculative way , and defunded manufacturing, infrastructure and public services. The work of FDR, Truman Eisenhower and Kennedy unraveled, Clinton, Obama and Trump continued that decline.
Linked Articles
Puerto Rico Was Supposed to Be John Paulson’s Paradise. Then Came the Lawsuits.
WSJ 11/16/2023
Trader Made Billions on SubprimeWSJ Jan 15 2008 01/15/2008
How deceitful and self serving use of immigration in the UK led to making a good economy worse, and with strict immigration policy in Greece made a bad economic situation better
05/22/2023
How a strict migration policy in Greece leads to a 90% drop in migration and brings Greece in line with the rest of the European Union including Italy and Germany on migrant policy. Merkel simply and clearly made a serious error in letting in migrants through Hungary and Austria because it led to anti migration sentiment throughout the EU, to Brexit, to the sidelining of parties that worked in the interests of workers and families throughout Europe for a decade in which distorted economic policy lost public support till the pandemic made things even worse.
Linked Articles
Has Brexit left Britain in a better state?
The Times 05/21/2023
With His Party Ahead in Elections, Greek Leader Claims ‘Political Earthquake’NYTimes.com 05/22/2023
Mr. Trump's loosening of banking regulation and regulatory culture and the crisis it caused.
04/29/2023
The laws passed in the US Congress to limit the regulation of US banks imposed after the 2009 crisis led to leaving a gap for midsized banks where there would be less regulation. The appointment of Randy Quarles to Fed Vice Chair Supervision by Mr. Trump in 2019 led to the new culture which took the attitude the less regulation the better 14 years after the 2009 banking crisis, and the collapse of several banks in 2023, endangering the US banking system when the US needs a huge capacity to invest in the nation.
Linked Articles
The indictment of Donald Trump for hush payments to a porn actress
04/01/2023
The indictment by a grand jury of Donald Trump in March 2023, with other investigations underway in other places.
Linked Articles
How Alvin Bragg Resurrected the Case Against Donald Trump
NYTimes.com 04/01/2023
Donald Trump Indictment Sets Historical MarkerWSJ 03/31/2023
Deforestation- is the pledge at COP26 Glasgow a bit too late for Indonesian rainforest?
11/02/2021
This is one of the amazing links in Lyrarc because it shows WSJ article from 2007 noted by Lyrarc that year, showing UN maps on deforestation in Borneo island in Indonesia for 2000, 2005, 2020. By 2020 most of the rainforest is shown as gone. Deforestation and climate ecologist Clare Rewcastle Brown, sister in law of former British prime minister Gordon Brown, from Britain, recalls colonial days in Sarawak, north Borneo Island, where her father was a police officer. And how much of the canopy of forest from that part of Malaysia was disappearing. She continued her protests from outside Malaysia in 2013 as reported by NYT and noted in Lyrarc that year. This is an amazing story of how deforestation of some of the last rain forests in the world took place at a time when awareness of climate change was sorely lacking in 2007-2013, and how by 2020 the rain forests in Borneo may have already disappeared from planet earth to combat climate change. One woman's fight and a fight that is still on after world leaders took a pledge to end deforestation on the planet by 2030 including Russia, Brazil, Indonesia, China, and the US, and a UN report that had the foresight to show a rainforest disappearing in 2007 in Tom Wright's WSJ report from Surabaya, Indonesia the same year.
Linked Articles
WSJ 07/03/2007
Barred From Malaysia, but Still Connecting With Critical JabsNew York Times 08/16/2013
America's self-reliant economy - Biden with Trumpian undertones
01/21/2021
The Biden administration is seen as continuing the efforts of president Trump to pursue American interests in trade, technology, American workers and business to restore America's leadership role in the free world to what it was in the 1950's. Biden from Delaware is in the same tradition as president Harry Truman from Missouri in that period. Because of Biden's age this could be a one term presidency, and strange as it may sound it could be a presidency of Trump in foreign affairs and trade, technological leadership, without the rhetoric, and a socially cohesive presidency of Democrats in the tradition of Harry Truman. What then to make of all the fights of the Trump presidency? Much of this can be seen as an effort to break the status quo which did not benefit American workers.
Linked Articles
Biden’s Economic Team Charts a New Course for Globalization, With Trumpian Undertones
WSJ 12/01/2020
Trump touts record of ‘no new wars’, standing up to China in farewell addressFrance 24 01/21/2021
How the WHO failed as early warning system in the coronavirus after being a model during the leadership of Dr. Brundtland in 2003 SARS
05/21/2020
The contrast could not be greater between the World Health Organization today and the WHO under Dr. Gro Harlem Brundtland, a three time prime minister of Norway between 1981 and 1996 with great experience and a record of handling difficult issues of climate change and sustainable development.
Linked Articles
A Failed Deception: The Early Days of the Coronavirus Outbreak in Wuhan - DER SPIEGEL
SPIEGEL ONLINE 05/20/2020
‘The only way forward for WHO is...’: Full text of Trump’s letter to WHO chiefHindustan Times 05/19/2020
Donald Trump's proposed ban on Muslims entering the U.S. "till we know what is going on," following the Sn Bernardino terrorist attack in Dec. 2015
12/08/2015
Linked Articles
Donald Trump Calls for Ban on Muslim Entry Into U.S.
Wall Street Journal 12/08/2015
Along with Trump’s rhetoric, the stakes for 2016 have risen dramatically - The Washington PostWashington Post 12/09/2015
Ban on election advertising on commercial television and radio in Britain and strict limits of $29.5 million for each party in general elections- contrast with the U.S.
05/02/2015
Britain disproves the popular belief that an ever upward trajectory for election spending is inevitable. The 2010 general election in Britain cost half that of the 1880 general election in 2002 prices, say researchers. In the U.S. spending has increased to the point where candidates may be spending more time fund raising than talking about the issues. The 2016 presidential election in the U.S. is estimated to lead to $10 billion in spending. India, Brazil, and other developing countries face a similar situation.
Linked Articles
Britain’s Campaign Finance Laws Leave Parties With Idle Money
New York Times 05/04/2015
F.E.C. Can’t Curb 2016 Election Abuse, Commission Chief SaysNew York Times 05/02/2015
China and corruption under the Xi Jinping administration
12/02/2014
Transparency International gives China 36 points , a decline of 4 points in 2014. Since 2013 China has dropped 20 place in the Corruption Perceptions Index, only Turkey had a steeper drop in points in 2014. Transparency, independent judiciary, free speech, whistleblower protection, and accountable government are factors that determine ranking in the index.
Linked Articles
Wall Street Journal 12/09/2014
China Slips in Corruption Perceptions ReportNew York Times 12/02/2014
China, the U.S. and Japan- the task of reestablishing peaceful cooperation in the Pacific region after the missteps of 2011-2013
07/09/2014
Meetings for the sixth round of the Strategic and Economic Dialogue in Bieijing between the U.S. and China, and Japanese prime minister's address to the Australian parliament in Canberra, at about the same time in July 2014, showing how the path of peaceful cooperation will have to be actively pursued to remain a reality. Underpinning the hopes of China, Japan and neighboring countries in Asia is the U.S. will and purpose for maininting the post war peace and stability for the benefit of all, that at times has been missing in the words and actions of the Obama administration. Lack of peace in the region would seriously affect China's effort to bring better incomes to the large majority of people still in the countryside and leave China stuck in middle income status of countries like Mexico, damage the prospects of improving incomes of billions of people in India, other parts of Asia and Latin America. In this sense the Japanese people have shown the wisdom of keeping the conditions of peace that have prevailed for the post war period, and the U.S. with undiminished will and purpose in its post war role can affirm the hopes of the people of the region, including the hope of people in China, India, Japan, S. Korea, and Latin America.
Linked Articles
U.S., China try to emphasize potential for cooperation - The Washington Post
Washington Post 07/09/2014
Abe's Constitutional Reform Push SlowsWall Street Journal 07/09/2014
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