this post was submitted on 03 Aug 2026
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A smart decision which the Americans are probably not gonna make would be to nationalize Micron once they become unviable for-profit business, in order to keep the competency and ability to make RAM, which is an essential economic input these days. Instead I think they'll just let the CXMT gang buy them at that point. That's unless democratic socialism has taken enough control of the US political power.
No, no, no, you don't understand, that doesn't happen in the US.
What will happen is that they'll get a trillion dollar bailout, a yuuuuge amount of protectionary tarrifs on overseas competitors and then some other company will scoop them up with no obligations.
And then - and this is very important - maximum profit will be extracted from consumers, who end up being measurably worse off.
It's kind of cool to think about...that we're living in the silicon age. The next step after bronze and iron and steel. We're still making useful things out of rocks...but different rocks, and now we boil water to use them. Like a stone soup, which itself is based upon a pre-revolution French folk-tale about the joys of communism....but now the government is "encouraging" manufacturers to throw in their vegetables. I don't think government strong-arming the peoole was a part of the original tale but I could be wrong.
IMO the smart move would be to embargo China entirely as a result of their frequent hostile actions and attacks directly on US Democracy.
Brother. The US doesn’t need China to destroy its democracy. The US is perfectly capable of destroying its democracy itself.
You think Kamalla Harris would have destroyed democracy?
Because China promoted Donald Trump and the GOP with TikTok leading to the largest conservative shift among youth ever recorded.
Kamala Harris contributed plenty towards destroying democracy by refusing to represent a significant part of the American piblic that would typically vote D.