William Huo Profile picture
Jul 24 12 tweets 2 min read Read on X
America’s collapse isn’t an accident. It’s the price of worshiping Milton Friedman. From broken schools to crumbling roads, the free market became a suicide pact.

ft.com/content/8a1575…
The sins of Friedmanism are documented in every glaring failure of the U.S. vis-à-vis China. From public education to infrastructure. The rot is too deep and too long. 🧵

(1/11)
Two men I admired most were Paul Krugman and Joseph Stiglitz. Both were at Princeton in the early 2000s. Both challenged the free-market cult. But by then, it was already too late. (2/11)
Milton Friedman had already won. Not with arguments, but with policy. Reagan canonized him. Clinton normalized him. Obama never questioned him. Both parties locked in the same dogma. (3/11)
Deregulate everything. Privatize what’s left. Cut taxes. Hollow the state. Preach growth. Blame the poor. This wasn’t capitalism. It was an ideological coup dressed up as economics. (4/11)
Meanwhile, China went the other way. They built universities. We sold student loans. They built power grids. We built hedge funds. They built rail. We built stock buybacks. (5/11)
Neoliberalism turned America into a vending machine with no power cord. Every button is broken. The lights are off. But the elites still insist the machine works. (6/11)
Ask a tenured professor at Harvard why U.S. infrastructure is collapsing. They’ll quote a journal article blaming red tape. Ask a Chinese engineer. He’ll build you a bridge. (7/11)
Our economists can model GDP growth to the decimal, but can’t explain why our kids can’t read. Or why trains don’t run. Or why wages haven’t risen since the Cold War. (8/11)
We’ve had 40 years of bipartisan decay. Not from socialism, but from Friedman’s ghost haunting every policy lever. The free market didn’t free anyone. It just broke the country. (9/11)
China’s model isn’t perfect. But it can build, teach, and feed its people. Ours can't fix a pothole without a consulting firm, a lobbyist, and a billion-dollar procurement scandal. (10/11)
Until we bury Friedmanism and break the single-party rule of market worship, nothing will change. The house is on fire. And our economists are still debating the thermostat. (11/11)

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More from @wmhuo168

Jul 26
Harvard built a paper-thin quantum chip. Media cheered. But China already left this field in the dust. Here's what they won't tell you.

Harvard’s ultra-thin chip could revolutionize quantum computing | ScienceDaily share.google/VZhvaR7N8knLqc…
🚨 Harvard’s metasurface chip is making headlines. But stop comparing it to Google. The real benchmark is China’s quantum supremacy. A thread. 🧵
(1/14)
Harvard just demoed a flat, nanoscale metasurface chip that can generate and control entangled photons. It could replace bulky optics used in quantum setups. It's a huge simplification play. But don’t confuse it for a leap in compute power.
(2/14)
Read 15 tweets
Jul 25
NVIDIA just bent the knee at the RISC-V Summit. CUDA now runs on the same architecture China is using to escape U.S. tech control. Here's why that should terrify Washington

RISC-V’s Ascent Could Reshape The Global Compute Landscape share.google/1uysrSEflxhmhY…
NVIDIA just joined the RISC-V Summit to announce CUDA support on RISC-V hosts. Let’s be clear. This isn't leadership. It's capitulation. (1/11)
For years, CUDA was NVIDIA's proprietary fortress. Arm and x86 were the only citizens. RISC-V was treated like a hobbyist toy. Now it’s getting top billing. Why? (2/11)
Read 12 tweets
Jul 25
China fixed a fatal flaw in a top-secret US stealth drone using toy models and math. The original engineers couldn't. Here's what it means.

China claims to fix design flaw that doomed US X-47B stealth drone share.google/hoJLHcJS6spo6y…
Exhibit Q18: The Drone That Exposed the System

China just solved a major design flaw in the U.S. Navy’s X‑47B stealth drone. Not with stolen blueprints, but using toy models and public photos. (1/13)
The X‑47B was one of the most advanced drone programs ever launched by the U.S. military. It demonstrated carrier launches, autonomous flight, and midair refueling. (2/13)
Read 14 tweets
Jul 25
The Global South is moving away from the dollar. But it’s China doing the heavy lifting—while India and Russia quietly hitch a free ride. A thread 🧵
(1/12)

China Pushes De-Dollarization, Dollar Hits Record Low share.google/nfcWOwWkXPF7dP…
China is aggressively dumping U.S. Treasuries, building yuan trade systems, and creating alternatives to SWIFT. This isn’t symbolic. It’s systemic. (2/12)
In doing so, China becomes the lightning rod for Washington’s retaliation. Sanctions, tariffs, tech bans. China absorbs the cost of resistance. (3/12)
Read 12 tweets
Jul 24
They said China couldn’t make a gaming GPU. That was never the plan. Once you build the AI GPU, a gaming card is just a neutered sibling.

tomshardware.com/pc-components/…
The U.S. banned Nvidia's best chips thinking they'd kneecap China’s AI dreams. They forgot one thing. Once you can make an AI GPU, you can make any GPU. (1/11)
Gaming cards are just byproducts. They're dumbed-down versions of compute accelerators. Same die, different drivers, lower clocks. China’s already there. (2/11)
Read 12 tweets
Jul 24
Two Taiwanese cousins control America’s AI chips. No one dares say it out loud.

AMD CEO Lisa Su Says Sourcing AI Chips From TSMC’s U.S. Plants Is 20% More Expensive, Highlighting the Complications of Building Supply Chains in America share.google/drqmuzPAIHbRgf…
Two kissing cousins born in Taiwan built the American AI empire—and gave it to TSMC. If they were born in Wuhan, Langley would've gone code red. 🧵

(1/13)
Lisa Su and Jensen Huang. Cousins. Taiwanese-born. CEOs of AMD and Nvidia. They didn't just lead—they funneled the entire AI chip pipeline into one island: Taiwan.

(2/13)
Read 14 tweets

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