Goofy,
Other than failed emotions do you know anything major about tech? Or law? Or medicine? Or economics?
Um, let’s see. Tech? I bought AOL in 1994 (sold 1999) after touring their startup pod at the Chicago Tribune Tower. If you mean “do I know tech”, yes, I programmed in FORTRAN in 1965 on a mainframe from Bethlehem Steel, and wrote a game and a database manager for the Apple ][ in 1982. Not published. Ran a string of Macs from my house over a T-1 (24 lines) for a publishing venture in 1995, and sold it to a Chicago based media company. I have visited the AT&T nuclear-proof bunker for the New England interconnect, and been on the Motorola team for deploying InMarSat in-cabin live television for American Airlines. So yeah, I’m kind of comfortable around it.
Or law? Or medicine?
Um, what else? Oh, law? Not much. Did some pre-law in college, hated it, dropped it.
Medicine? Not really. Had 4 major operations, my sister is a Doctor, her husband too. Made a bunch oh several pharma stocks over the years, at the moment I think the only one in the portfolio is ABBV, but none of that counts, probably.
Or economics?
Did two years of that, didn’t care for that either. Took me 5 years to get through college by cobbling together whatever courses they would count from my meandering (I started as a potential Mechanical Engineer) towards a degree which I never used. Did take some executive level Economics at Wharton thanks to Westinghouse when I worked in Pittsburgh. Traveled the world with their Quality Program looking at factories and businesses from Ireland to Disney; got to know some great people at Westinghouse Nuclear (where the program began.)
Anything else you’d like to know? I was a landlord for 40 years and owed a couple of small businesses, as well as running businesses for Westinghouse in Boston, Chicago, and Pittsburgh. I was born in Michael Moore’s Flint, Michigan, raised in California and NJ. I’m cute, tall, and a lousy dancer. I like chocolate. Is this getting too personal?
Just calling people idiots is not a great way to go through life
I don’t call “people” idiots. I only call idiots idiots.
I am not imnpressed
Good to know. If that ever becomes important to me I will be sure to inform you.
The last two presidents have whittled down how much business we do with China. Now our companies over there will not be operating as much, and might as well come home to build more factories.
Hmmm. China exports to the US in
2009: $296 billion
2010: $365 billion
2011: $398 billion
2012: $425 billion
2013: $440 billion
2014: $468 billion
2015: $483 billion
2016: $462 billion
2017: $505 billion
2018: $539 billion
2019: $451 billion
2020: $435 billion *pandemic
2021: figures not on chart
https://www.statista.com/statistics/187675/volume-of-us-impo…
Trade with China increased almost every year until 2019, and 2020 was the pandemic and anomalous, in my view. I suspect the disruption in supply chains will have a lot more to do with returning factories to America than some short term trade war will. I’m quite sure every company - even if this supply chain fiasco doesn’t affect them at the moment - is busy examining how to source crucial materials locally, but then what do I know?