This whole economy by corruption and coercion is not going to work out.
[flagged]
US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief
51–60 of 560 posts
Re: US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief
#52If US steps in to buy a troubled asset such as Intel after failing to convince TSMC to buy, this country is cooked. Did we learn _nothing_ from the 2008 subprime mortgage crisis? Let them fail.
I think 2008 showed ... how it works.
The unfortunate part is that the GOP has now repealed whatever protections were put in place on banks after that.
Re: US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief
#53This whole economy by corruption and coercion is not going to work out.
I don't see how it can't work at least short term, when the US is by a long margin the world leading military and economic power. Why else has the US been overspending on military for decades and planting military bases and nuclear submarines all over the world, to become the world hegemony, if not to bully everyone in doing its bidding when push comes to shove? I'm not defending the actions of the US, I'm just askin…
[deleted]
Re: US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief
#54It seems like we're forcing the rest of the world to print dollars.
A swiss news paper wrote something along "so far the main effects seem to be the rising prices of Swiss goods in America, not really a falling market"
He is threating Switzerland with 250% tariffs on meds while his people still suffer under horrendous health care prices. That man is beyond crazy
Re: US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief
#55[dead]
Re: US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief
#56[flagged]
Re: US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief
#57Earlier quoted context omitted.
China seems to be working on catching up, and if you remove all of your soft power maybe they look more attractive?
Oh and TSMC is on an island they claim is their own. Great: an Intel that has TSMC as its largest single shareholder is essentially wholly under the thumb of the State Department.
> Great: an Intel that has TSMC as its largest single shareholder is essentially wholly under the thumb of the State Department.
They already are. The US defence industry buys from them no matter what. Which is why the US needs to ensure their survival. The concern isn't that Intel survives or not (the US would prop them up no matter what), but that they also remain on the cutting edge and the US doesn't lose out if, say, Taiwan falls to China.
Re: US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief
#58[flagged]
Re: US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief
#59Earlier quoted context omitted.
I don't see how it can't work at least short term, when the US is by a long margin the world leading military and economic power. Why else has the US been overspending on military for decades and planting military bases and nuclear submarines all over the world, to become the world hegemony, if not to bully everyone in doing its bidding when push comes to shove? I'm not defending the actions of the US, I'm just askin…
When all your military spending can't help you win against a third-world country (USA in Afghanistan) or a single country 1/3 your size (Russia in Ukraine), it really makes you wonder if all that spending is justified to uphold one big bluff.
We aren't pointing "all our military spending" against Russia in Ukraine. Not by a long shot (no pun intended).
Re: US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief
#60Unprecedented rapacity by the United States - not only forced tech transfer, and then having to pay for the privilege of being robbed; the hegemon is consuming its vassals, as it withdraws from its commitments.
Well China has been forcing tech transfer for 30 years now.