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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?


To: Alex MG who wrote (780)4/19/2018 2:57:02 AM
From: elmatador  Respond to of 13796
 
U.S. bans American companies from selling to Chinese phone maker ZTEhttps://www.axios.com/american-companies-banned-from-selling-to-chinese-phone-maker-zte-74914dff-507d-4d77-9321-c2091c6f42a9.html

When you make products that uses US components, there are rules where you can sell the the final product

Say Embraer makes planes, uses avionics and parts from the US, the company have to abide to rules guiding to which countries it sells the plane in the same manner that Boeing has to abide to these rules.

This situation is applying now to phone makers.

then the dominoes start falling
Why Acacia Communications Stock Crashed Today30% of the company's sales just vanished.

Message 31578575



To: Alex MG who wrote (780)4/19/2018 7:57:05 PM
From: Maurice Winn  Read Replies (1) | Respond to of 13796
 
That's a good example of Jordan Peterson's commentary on power and 'being dangerous' rather than competence. Outright power is okay, but it doesn't actually achieve anything positive in the absence of outright evil. Simply bossing people around is no way to co-operate and make things great. Big shots tend to think they are so great that they get to rule at whim and simply take stuff.

The beauty of democracy is that that is kept slightly in check, but not much because the electorate knows they can vote to boss people around and take their stuff.

Tradable Citizenship is the way around the limitation - so that thieving evil electorates will soon see that they are voting themselves into destruction. People who oppose the decline can sell up and bail out.

Mqurice