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https://x.com/nnzp1730/status/1986412729616204202I was steeped in the Jack Welch / Milton Friedman thought in the 1990s, it was the water we swam in. It wasn’t until 2013 that i saw my mistakes. I have been trying to repent since that time. I have seen into the belly of the beast (China state capitalism) against which we are fighting and existential battle for the soul of western culture. I am not “anti-Chinese” but i am not a fan of the CCP. They learned state capitalism at our universities, they took the lessons well, they rebuilt the “commanding heights” of the world economy, with the western managerial class and chrony capitalist help……we sold them the rope.
https://twitter.com/eshow1969/status/1671312210449014784Until 1998, the west lead by Dow Corporation and Norsk Hydro, made the vast majority of primary magnesium. Dow in Texas, Norsk in Canada and Europe. Russia had a small slice as did Israel.
https://twitter.com/timonpoint/status/1671321936524197889This Raytheon issue is a huge wake up call. I told the story on here about the $0.72 hand wheel that I was about to discontinue, sales were once 500k/year, now 30k/year….got a call “you are the only one in the USA who makes these will you make me a bunch, I supply the navy”
https://twitter.com/baldingsworld/status/1671284713896460291So let’s keep fooling ourselves with the “we are going to do a chip fab, or let move assembly out of China or that doesn’t come from China” and let’s do a serious assessment of how f’ed we have let ourselves get the last 20 years…..
https://twitter.com/historydefined/status/1671129607922147330“Legend holds that Mary Magdalene fled persecution after Jesus' crucifixion. She, his mother, Mary Salome and others left the Holy Land in a makeshift boat, landing in a fishing village called Saintes-Maries-de-la-Mer in the south of France.” - Chicago Tribune