Ron Paul: "We Spent a Billion Dollars Fighting the Houthis…and Lost'
(ronpaulinstitute.org)
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The fact that Silicon Valley doesn't produce Silicon Chips drives me up a fucking wall.
"Doesn't matter, global trade" doesn't mean you should make sure to bulldoze all of your ability to make the things.
Taiwan Semiconductor just finished building one fab in Japan and is ready to build a second one by the end of 2024. Meanwhile, production in the Arizona plant is delayed until 2025 and the company can't find anyone to hire except low-IQ, CHIPS Act-mandated DEIversity™.
We don't make anything in this fucking country, and the few shit that we do are literally falling from the sky. America's main industries are paper-pushing (a.k.a. finance, law) and rent-seeking (a.k.a. tech, services). We're a post-developed economy of grifters and con artists trying to grift and con other grifters and con artists.