nasezero [comrade/them]

  • 9 Posts
  • 132 Comments
Joined 1 年前
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Cake day: 2023年12月6日

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  • The only things I am relatively certain of are that the Trump admin does not understand how the money printer works, and regardless of that they seem ideologically bent on dismantling any institution that doesn’t directly benefit them. I think they would sooner try to bail out only themselves (and close/loyal allies), and leave everyone else SoL. Even if the largest banks can weather a bank run, that’s still a lot of people that had their savings in smaller banks that suddenly can’t pay for food or shelter. Admittedly, I don’t understand enough about the Fed to understand what mechanisms, if any, they may have to prevent this.

    I’m struggling to imagine a scenario where shutting down the FDIC doesn’t lead to some form of rapid collapse, so obligatory nothing ever happens shrug-outta-hecks













  • I think that’s a no for general manufacturing and a not a chance in hell for high-end chip manufacturing. I forget where I read it, but one of the problems is something like domestic manufacturing is so hallowed out that we don’t even have all the necesaary educational institutions/programs to produce the kind of specialists you’d need for a high-end chip fab.

    So even if the US could somehow overcome corruption of companies just pocketing government funding (also not happening) there simply isn’t a workforce to run things.

    lathe-of-heaven Trump will give Taiwan to China in exchange for getting to kidnap TSMC engineers, who will then be forced to live onsite at a de facto abandoned fab construction site in Arizona.