$9 billion facility to make microchips, electric-vehicle parts while promised plant for Wisconsin yet to happen.
Foxconn In Talks for Saudi Arabian Plant
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$9 billion facility to make microchips, electric-vehicle parts while promised plant for Wisconsin yet to happen.
Foxconn In Talks for Saudi Arabian Plant
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Jul 21, 2022 – The Korean War that began in 1950 is technically ongoing because only an armistice was signed in 1953, rather than a peace treaty. American warmongers argue the United States must spend $8 billion a year to keep 30,000 troops there at a dozen bases until the war ends. This is only because the United States refuses to even discuss an end to the war because it will lose control of South Korea’s military if American Generals leave. In addition, part of the justification for the Pentagon’s massive annual budget is to defend South Korea, and those who profit off the perpetual American presence spend millions of dollars each year to lobby American congressmen to keep their racket going.
The South Korean military is five times stronger than the North Korean military, and there are no Russian or Chinese soldiers based in North Korea. South Korea has twice the population and forty times the GDP of decrepit North Korea and has fortified its mountainous border. American troops are not needed there but powerful interests protect the status quo. Withdrawing just half the American troops would save the United States over three billion dollars a year and may allow a formal peace treaty to be signed.
The Korean War May Never End – Tales of the American Empire
Sources:
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So says the man who’s wife received a PPP loan! 🙄
This New Import Law Will Hurt U.S. Consumers
For small importers it will be impossible to do the above. Only big companies [Congress’ gift to Big Corporations] can afford to research and provide all that data and to take the risk of importing products that may get confiscated at the border. They will of course ask their customers to pay for all that.
Previously:
US Crackdown on Forced Labor in China Risks Further Supply Chaos
MoA brings up some things that I hadn’t.
Ex-Treasury Secretary Larry Summers warned that millions of currently employed Americans must lose their jobs in order for the Federal Reserve to succeed in its bid to cool inflation.
Larry Summers warns unemployment must rise to cool inflation
Related:
Larry Summers Says US Needs 5% Jobless Rate for Five Years to Ease Inflation
Maybe he can ship some more jobs overseas [/sarcasm]?! I’d suggest shipping him, overseas, but I wouldn’t even wish that on my enemy!
June 19 marks the 40th anniversary of the death of Chinese-American draftsman Vincent Chin, who was beaten to death in Detroit by Chrysler plant superintendent Ronald Ebens and his unemployed stepson Michael Nitz. The murder took place amid a wave of anti-Japanese hysteria fanned by the United Auto Workers and Democratic Party politicians.
Forty-year anniversary of Vincent Chin killing marked amid surge of anti-Asian violence

The Chinese Foreign Ministry released a position paper on the country’s relations with the ten Pacific Island Countries (PICs) that have diplomatic relations with Beijing. It comes as Foreign Minister Wang Yi wraps up his regional sojourn that saw him interacting with many of his counterparts and their other representatives. His trip was decried by American, Australian, and other Western media as supposedly signaling some sort of imperialist intentions on China’s part, yet the position paper debunks all of that.
China’s Pacific Islands Position Paper Debunks Fake News Claims
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