It's working just fine

Mic check 1 2 3

Also, people act like America has no manufacturing capacity to speak of. It seems like a poorly known fact, that America remains a strong #2 behind China in terms of the volume of manufactured goods. Given China’s demographic challenges, and the increasingly risky investment environment there, with Xi going down the Maoist route, it’s not even impossible to think of a future where America regains is crown as #1. I think America would have to liberalize immigration, among other things, to support that. But it’s no longer an impossible future.

Agree. And that’s already happening.

The manufacturing re-shoring trend from China to the US is something I never thought I’d see happen. But what started as a trickle, has turned into a river. The sheer amount of companies announcing withdrawal from China and plans to build plants in the US is just crazy.

The upshot is, this is going to really change the nature of America’s trade balance with the world, which is going to have major geopolitical repercussions in the years to come.

The downshot, is this potentially increases the risk of kinetic conflict between China and the US as the decreasing economic interdependence also loses its moderating influence.

Stock markets are the Theatre of the Absurd

Stocks ripping on news that Banks bailing out banks…just a matter of time until the FED “provides liquidity” to the only global banks left standing:::EndGame

Image uploads!!

What nostr clients can I use to escape hell-threads?

#[0] showing me likes in my main feed, what? Getting strong Twitter algo vibes

We love you #[1]​, but I wish you would be more active on nostr. We are trying to make a better world here. Let your Twitter followers know where you’ll be. They will follow.

By deploying 54B USDs, SNB is injecting 12% of bitcoin’s entire current market cap to bail out Credit Susie, a single bank.

We’re so early.