Massive dollar dump in progress

Death to the US empire by a thousand cuts. The world is tired of being bullied and robbed by the world bank and IMF.
 
Today my grapevine had a report the China has double the amount of gold that it has declared.....thats important. I have heard that the Russians are doing it too.
 
Hawkeye10 said:
Today my grapevine had a report the China has double the amount of gold that it has declared.....thats important. I have heard that the Russians are doing it too.
Click to expand...

The US has one immensely powerful weapon in its armoury namely the ability to deny cutting edge technology to the Chinese. Two companies in particular, AMSL and TSMC, are no longer selling their high end expertise to the Chicoms.

https://www.reuters.com/technology/..., a key supplier to,tools to China since 2019.

https://www.pcmag.com/news/chinas-s...e restrictions,already being planned for 2025.

https://www.bloomberg.com/news/arti...duces-next-gen-chips-to-safeguard-global-lead
 
serendipity said:
The US has one immensely powerful weapon in its armoury namely the ability to deny cutting edge technology to the Chinese. Two companies in particular, AMSL and TSMC, are no longer selling their high end expertise to the Chicoms.

https://www.reuters.com/technology/..., a key supplier to,tools to China since 2019.

https://www.pcmag.com/news/chinas-s...e restrictions,already being planned for 2025.

https://www.bloomberg.com/news/arti...duces-next-gen-chips-to-safeguard-global-lead
Click to expand...

It looks to me that the Chinese steal what they do not buy.
 
Hawkeye10 said:
It looks to me that the Chinese steal what they do not buy.
Click to expand...

They did but security has been tightened up big time. AMSL, a Dutch company, make cutting edge extreme ultraviolet lithography machines. The Chinese are a decade behind and will not be able to catch up anytime soon.
 
serendipity said:
They did but security has been tightened up big time. AMSL, a Dutch company, make cutting edge extreme ultraviolet lithography machines. The Chinese are a decade behind and will not be able to catch up anytime soon.
Click to expand...

I suggest that you dont count on that.
 
Hawkeye10 said:
I suggest that you dont count on that.
Click to expand...

There is only one company AMSL that produces EUVL machines, did you know that?

The EUV lithography machines are essential to producing modern chips. And the US has stopped China from acquiring them.

Scientists who have contributed to the cutting-edge technology behind advanced semiconductors are divided on whether the United States should stop China from developing its own chips.

The US has blocked the sale of extreme ultraviolet lithography (EUVL) machines to the Semiconductor Manufacturing International Corporation (SMIC), China’s largest chip foundry.

EUVL, which uses a powerful laser and a system of complex mirrors to etch integrated circuits on silicon wafers, is essential to producing modern chips, which go into everything – from cell phones and electric cars to next-generation fighter jets.

The Netherlands-based ASML controls the entire EUVL market. SMIC had placed orders to purchase the machines, which cost $200 million a piece, but Washington blocked the delivery.

“I never believed there would be a land war in Europe. But then Russia attacked Ukraine,” David N. Ruzic, a professor at the University of Illinois at Urbana-Champaign, tells TRT World.

“Taiwan is threatened by China. All of a sudden you see one country invading another and you say ‘can this happen there?’”

China carried out military drills near the border with Taiwan in August, raising concern of a potential conflict with the US.

https://www.trtworld.com/magazine/s...-key-chipmaking-equipment-sale-to-china-61248
 
Geeko Sportivo said:
And you still don't know that the men in White coats are comin' soon. :palm:
Click to expand...
rjsz2.jpg



:cool:
 
serendipity said:
The US has one immensely powerful weapon in its armoury namely the ability to deny cutting edge technology to the Chinese. Two companies in particular, AMSL and TSMC, are no longer selling their high end expertise to the Chicoms.

https://www.reuters.com/technology/..., a key supplier to,tools to China since 2019.

https://www.pcmag.com/news/chinas-s...e restrictions,already being planned for 2025.

https://www.bloomberg.com/news/arti...duces-next-gen-chips-to-safeguard-global-lead
Click to expand...

Yeah, but most of TSMC's fabs are in Taiwan. :rolleyes:

There's plans to build a few in America.
 
The Republican party is intent on destroying liberal democracy, obviously if they succeed the dollar will be worthless, and some people believe they might win.
 
Jarod said:
The Republican party is intent on destroying liberal democracy, obviously if they succeed the dollar will be worthless, and some people believe they might win.
Click to expand...

Nobody has done more to make the world move away from the petrodollar than those pulling Joe Biden's puppet strings. :rolleyes:

To be brief on what the end result will be? All Americans instantly 15% poorer.

That's not uh.."Promoting the General Welfare" at all. In fact, it's the opposite.
 
You must log in or register to reply here.
Back
Top