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FULL MAGNETS
"A handshake for a framework."
That's how Howard Lutnick described the outcome of US-China trade ta
And just think, all those Magnet ships can be loaded for the return trip with the wheat Xi promised to buy 5 years ago.
Compare the production rate of US weapons vs the production rate of AI semis.
In six months, China can get all the NVDA AI processors it will need to tide it over until the national shift to Huawei AI processors. Meanwhile, in six months the US might replace maybe half of the missiles it shot off against Houthi drones plus build about 80 more F35s, but the DoD is cutting its 2026 procurement for F35 anyway. Of course, China will keep slow-walking REE exports to the US, while NVDA will enthusiastically accelerate semi deliveries to China.
(FYI Trump’s military parade is going to cost very roughly a third of the cost of replacing the SM2/6 missiles fired in the Red Sea.)
Meanwhile, playing off REE vs semis keeps the broader China tariff question in limbo – just where Xi wants it.
Meanwhile Russia and Ukraine are redefining how modern warfare is conducted while we still act like our military needs to keep looking like it did 20 years ago.
“In many ways, Donald Trump is an unserious man. But the consequences of putting him back in the White House are extremely serious.”
– Kamala Harris
China clearly listened to the first part of that quote while Americans ignored the entire thing.
Remind me again why so many people still think Trump is a good negotiator? Oh, that’s right – he pretended to be one on TV. If I’m ever suffering from a rare disease, I’d like Hugh Laurie to be my physician.
The stupidity of it all boggles the mind.
Also, the Fulbright board just resigned (yes, the entire board) due to meddling from the Trump administration. It is going to take decades, if not centuries, to undo the stupidity.
Oh and he’s making sure to commemorate the traitors of the confederacy by reinstating their names on our military bases. Like I said yesterday, his base still believes in the Lost Cause while simultaneously trampling over blue states’ rights. They don’t actually care about any freedom other than their “freedom” to restrict the rights of others.
Freedom for me and not for thee.
Some pigs are more equal than others.
“The next meeting will be in Antarctica…”
I didn’t flinch when I read this, and it took a while for me to realize this was a joke. Such is the state of real-world events, why wouldn’t the next meeting be in Antarctica?
They figured they’d meet with China and the penguins from the Heard and McDonald islands to kill two birds with one stone.
It’s Trump’s magnetic personality that convinced Xi to cave in.