They didn’t illegally sneak them. They had visas, worked with government officials to get the right visas, and no one told them there was a classification error until the raid. They tried doing things right but govt is so messed up. It was shameful
Agreed - only way non- specialized manufacturing can work rn is if we subsidize companies
Do we really want Americans manufacturing socks for example ?
Should have some govt spending to accelerate the engineering manufacturing section and make an American TSMC equivalent idk
We’re taking too many cowboy style decisions at the highest level of government these days
HOOD has been pumping off spy inclusion, they got a ton of competition who will catch up pretty quick, plus their crypto trading volume is down. I actually think it’ll be goin back towards 100 before going higher tbh.
PLTR is a niche definitely in its field, but us govt has started diversifying into MSFT, GOOG, I think PLTR will still dominate most of DOD contracts. I’ll wait for their next earnings to decide to get in or not. Admittingly I sold way too early before. if they miss earnings it could be headed down a lot
The only sector I really see impacted is housing. People with low rates don't want to sell.
Actual credit conditions are very loose though. That's the problem with Fed's blunt instrument. It can't surgically have the ideal effect on every sector.
A lot requires Congress or local govt to do something.
Archer is farther along in the fda approvals and more geared towards personal transport. Joby is bigger better faster with their equipment and contracts with govt but mainly for air transports medivac-ish and official business. I believe Archer is the better of the two and did the opposite, sold my Joby to double down archr
It’s so crazy to me. People will pile into fake internet money backed by nothing but would rather cut their arm off than buy a Turkish Govt bond yielding 40%. Yea there is absolutely default risk, but at least it’s more of a known.
Federal deficit spending is at 7% of GDP. Proportionally, the govt is now spending even more debt stimmy than the GFC bailouts to keep this ship afloat.
This economy is less like a healthy American Exceptionalism athlete who's jogging along, and more like a crackhead robber who's been shot twice ('09 and '20) and just keeps running on a massive dose of uppers.
That aside for now…
- do you believe that the USD has kept it’s status for the past 80 years because of of Murica’s tanks, stealth bombers, et. al?
- do you believe that Nixon ending Bretton Woods and the gold standard was a significant monetary event?
Putting aside ethical/moral/legal questions of if such considerations as above are proper….
- could you agree that the US govt, in the end, can say “my way or the highway” at the point of a gun (or the threat of going behind jail bars)?
If so (rhetorical…), then where does a US govt outlawing of “decentralized” (KEKW) crypto in favor of a CBDC factor into your position?