Perhaps the most dangerous by-product of
the Age of Intellect is the unconscious
growth of the idea that the human brain can
solve the problems of the world. Even on the
low level of practical affairs this is patently
untrue. Any small human activity, the local
bowls club or the ladies’ luncheon club,
requires for its survival a measure of self-
sacrifice and service on the part of the
members. In a wider national sphere, the
survival of the nation depends basically on
the loyalty and self-sacrifice of the citizens.
The impression that the situation can be
saved by mental cleverness, without unsel-
fishness or human self-dedication, can only
lead to collapse.
XXI Civil dissensions
Another remarkable and unexpected
symptom of national decline is the intensi-
fication of internal political hatreds. One
would have expected that, when the survival
of the nation became precarious, political
factions would drop their rivalry and stand
shoulder-to-shoulder to save their country.
XXII The influx of foreigners
One of the oft-repeated phenomena of
great empires is the influx of foreigners to
the capital city. Roman historians often
complain of the number of Asians and
Africans in Rome. Baghdad, in its prime in
the ninth century, was international in its
population—Persians, Turks, Arabs, Arme-
nians, Egyptians, Africans and Greeks
mingled in its streets.
In London today, Cypriots, Greeks,
Italians, Russians, Africans, Germans and
Indians jostle one another on the buses and
in the underground, so that it sometimes
seems difficult to find any British. The same
applies to New York, perhaps even more so.
While the periphery breaks down rather slowly at first, the capital cities of the hegemon should collapse suddenly and violently.
We have taken more risk off the table as noted.
We will discuss the 9th of Av next week more in detail as valuation sweeps
and bond inversion we are aware of in terms to inputs as we head into
sovereign bond payments in context to solvency's of current duress into the gathering storm.
H you are aware and busy as we discussed the 8-to-18-month period moving in.
My view only so Emptor into the 9th Av window and the roll offs to cash on our Book.
I ignored Friday expirations.
God mentions the millstone in His description of a beast called Leviathan.
Emptor to what it truly means also if the younger are deceived.
“If anyone causes one of these little ones—those who believe in me—to stumble,
it would be better for them if a large millstone were hung around their neck and they were thrown into the sea”
If you would find it hard to swim with a millstone hanging around your neck, you should think twice before tempting God’s people.
Do right, expect what they do that is not.
Why America’s Largest Tool Company Couldn’t Make a Wrench in America
A highly automated Texas factory was supposed to bring the manufacturing of Craftsman mechanics’ tools back to American shores. The $90 million project was doomed by equipment problems and slow production.
By John Keilman | Photographs by Evan Jenkins and Cooper Neill for The Wall Street Journal
Updated July 22, 2023 12:01 am ET
The world’s largest tool company couldn’t figure out how to make a wrench.
Stanley Black & Decker built a $90 million factory on the edge of Fort Worth, Texas, intending to burnish the Made-in-the-U.S.A. luster of the Craftsman brand by forging mechanics’ tools with unprecedented efficiency. But the automated system was a bust, and the tools that were supposed to be pumped out by the million are so hard to find that some consider them collector’s items.
In March, 3½ years after breaking ground, Stanley announced it was closing the factory. The property is now being advertised for sale.
The Craftsman plant was a high-profile example of a drive among U.S. manufacturers to bring offshored plants back home. Government incentives and a desire to shorten supply chains have sparked a factory-building boom. The high cost of American labor makes automation critical for plants to turn a profit.
Turning manual tasks over to machines, which are supposed to churn out goods with minimal human involvement and maximum productivity, poses its own challenges. The Craftsman factory’s first-of-its-kind system was supposed to make tools so efficiently that costs would be on par with China, but ex-employees said it had problems that couldn’t be fixed before the company decided to pull the plug.
“It was supposed to be different,” said Tom Felty, who worked in the factory as an electroplating engineer. “It was supposed to be bringing the Craftsman brand back. It was all these new technologies. It’s why I moved from North Carolina to Texas to be a part of it, and it was an absolute disaster.”
Echoing a previous statement, Stanley blamed several factors for the plant’s closure.
“We endeavored to make Craftsman mechanics tools in a new and innovative way,” a spokeswoman said. “The events of Covid and supply chain challenges, coupled with technology that did not meet our expectations, resulted in the discontinuation of operations.”
When we contracted prototype hospital burn beds for a firm the Engineers built it with the Draftsman who also did tool and die.
The one who will fail got what they put into it. Failure maps as they comment on what was ignored as root cause takes them under.
This is purely a hunch as I have not conducted any studies myself or researched the existing. My qualification is simply that I was a teacher and I have an IQ of 139.
The way I see it there’s two possible explanations.
#1- Because we live in a world where high IQ doesn’t really increase one’s chance of survival, IQ is not playing a role in evolution. Instead the selective criteria has changed. Thanks to social safety nets around the world fertility/survival rates of the weakest members of society are supported while that of the middle class is reduced trying to pay for it. In today’s world you don’t need to be a genius to make babies or feed them. Somebody else will pay for it. On the other hand if you are intelligent, you’re probably busy and don’t have time to be making babies all day long and your affluent wife probably isn’t interested in being treated as a breeding mare either. So the inevitable result is low fertility among the most capable and high fertility among the weak.
#2 - Immigration from low IQ countries. IQ is hereditary. This we know. Probably more than is advertised because researcher don’t want to seem as challenging neo-Marxism. So if group A with IQ of 100 mixes with group B IQ 70, then the resulting group will see a drop in IQ. This is happening globally. High IQ countries have low births rates and import people from low IQ places, the result being a global drop in IQ. Except this wouldn’t be the case in countries with low immigration. And that’s exactly what we see. Japan, Korea, and China aren’t experiencing the same decline in IQ.
So that’s basically that, but….
the world needs smart people to keep this machine going and those people are becoming more rare. Already we are seeing a growing gap between the professional working class and everyone else. If you got the brains to build, think, code, design, and organize the world throws money at you. And that’s only going to grow as the high IQ people disappear. Eventually people in this upper class are going to catch on to this and they’ll only want to reproduce with people in their class to ensure success for their children. If that goes on long enough you could see humanity split into two species.
Case 22-19361-MBK Doc 923 Filed 05/17/23
Eligible withdraws. Sheep pens ground from the crushing. Silk purse from a Sow ears again.
BlockFi is currently in the process of preparing our platform to facilitate withdrawals from BlockFi Wallet accounts.
Your comment was implemented in 1993 as above and below. The higher it went the more they are deceived. https://media.patriots.win/post/iDgTJ5bU.png What your actually dealing with just in that capex sphere.
Economic and social terrorists is all they are. The million they ran over the border as fact are a cost basis they already know.
They do not even pretend to regard Taxpayers.
...the world needs smart people to keep this machine going and those people are becoming more rare. Already we are seeing a growing gap between the professional working class and everyone else. If you got the brains to build, think, code, design, and organize the world throws money at you. And that’s only going to grow as the high IQ people disappear. Eventually people in this upper class are going to catch on to this and they’ll only want to reproduce with people in their class to ensure success for their children. If that goes on long enough you could see humanity split into two species.
Humanity has been split between two species for a long time. You just haven't noticed.
TSMC delays U.S. chip plant start to 2025 due to labor shortages
CHENG TING-FANG and LAULY LI, Nikkei Asia tech correspondents
July 20, 2023 14:45 JST
Updated on July 20, 2023 16:50 JST
TAIPEI -- Taiwan Semiconductor Manufacturing Co. said it will push back the start of mass production at its plant in Arizona to 2025 due to a shortage of skilled workers and technicians needed to move equipment into the facility.
TSMC Chairman Mark Liu said the world's biggest contract chipmaker is entering a critical phase of handling and installing some of the "most advanced equipment" at the plant, its advanced first chip facility in the U.S. in more than 20 years. Mass production was previously slated to begin late next year.
"We are encountering certain challenges, as there is an insufficient amount of skilled workers with the specialized expertise required for equipment installation in a semiconductor-grade facility," Liu said. He added that TSMC is sending experienced technicians from Taiwan to make up for delays and the lack of trained local workers, confirming a Nikkei Asia report last month.
Construction of the Arizona plant began in mid-2021.
"We expect the production schedule of N4 process technology to be pushed out to 2025," the chairman said, referring to 4-nanometer chipmaking technology.
Agree on time window for now. The lagging indicators are just the clicking dominoes from the zirp effect fuse they pulled.
The structural inflation is as effective as the nirp drill seen.
Based on a study by the Dallas Fed and the St Louis Fed 18 months ago, 90% of job openings are posted for the sole purpose of "poaching your competitor's best employee."
