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Strategies & Market Trends : World Outlook -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (47536)	9/9/2025 7:55:06 AM
From: Les H	Read Replies (1) \| Respond to of 49120

More Trump Administration Circular Firing Squad with Investor-Spooking ICE Raid on Hyundai-LG Plant Posted on September 9, 2025 by Yves Smith When you think the Trump Administration has hit Peak Stoopid, it always manages to outdo itself. Today’s example is the ICE raid on a Hyundai-LG Energy Solutions facility in Georgia, in which Korean workers, many of them management types or specialists, were hauled away in wrist and some even in ankle chains, as if they were violent thugs who needed to be restrained. As we’ll explain, if the Administration is to get anywhere with its reindustraialization fantasy, it needs to bring in skilled foreign workers at the technical, supervisory, and managerial levels. Good luck with that now. Mind you, as we will also explain, this factory had had a bad safety record, including deaths, and there are allegations that some of the construction workers were Koreans brought in on visas that did not permit manual labor. So Hyundai was not doing the best job of running this startup and if Administration charges are borne out, may have been been abusing these low-level workers. However, a significant number of the expats were technicians and seasoned supervisors. nakedcapitalism.com Trump is imitating Netanyahu. He's in trouble so he's calling on the military, whether it's fake counter-terrorism in Central America, anti-immigration raids on new plants, or urban policing and impromptu landscaping, to drum up empty patriotism.