Lee Harris on Twitter
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After Congress passed $52 billion CHIPS subsidy:-Micron, which had said it would invest $40b in the U.S. this decade, announced it will cut capital spending-Intel cut its capital spending plans by $4b, but predicts a “growing dividend” for shareholdershttps://t.co/qwXzRx3lG3— Lee Harris (@leee_harris) August 17, 2022

After Congress passed $52 billion CHIPS subsidy:

-Micron, which had said it would invest $40b in the U.S. this decade, announced it will cut capital spending

-Intel cut its capital spending plans by $4b, but predicts a “growing dividend” for shareholders

  • 20000bannedposters [love/loves]
    ·
    2 years ago

    We are living in a dying empire that is my point. My point is all the markets have been exploited. You seem to be talking more about imperial political power. I'm strictly talking goods and capitalist based markets. We are in the death spiral of squeezed labor.

    There is nothing left to exploit . The powers aligning with the usa right now are either going down with the ship or will bail. Momentum is on chinas side.

    I think people really think this is going to take decades and decades to unwind. Nothing moves that slow anymore. Each year and each election America will unwind more and more till something in the core snaps.