Hmmm ..... Dire Straits Bargain. Money for nothing and the chips for free.
$300 million for a 1% stake in sloppy seconds. Nice one, Uncle Sam. Are you have another moment and panic attack realising culpability for a massive remotely exploitable virtual vulnerability presenting a catastrophic existential crisis ....... Diabological Threat and Heavenly Treat ...... for we think, methinks, the honest reality of that US government signed letter of intent to provide GlobalFoundries with $300 million in CHIPS Act funding is a constant need requiring desperate action to support the deceit that creates perceived value in a crashing fiat currency system exploding/collapsing/imploding because of mountains of debt, credit obligations and serial deficit spendings. It does nothing at all to fix anything, doing as it does nothing but more of the same old quantitative easing style nonsense for markets to ply and play with in an effort to ensure the plugs are not pulled on the clearly rotten system and the machines destroyed.
Here’s something currently running and surreal to ponder and wonder at ....... https://www.usdebtclock.org ..... and the following relative info is sobering ........
Without doing the calculation, guess how long a million seconds is. Now try to guess the same for a billion seconds. Ready? A million seconds is less than twelve days; a billion is almost thirty-two years. .... "Whoops! Why everyone owes everyone and no one can pay” ...John Lanchester
And all of that is surely something to actively practically dislike given the paths it supports and leads to self-inflicted moronic oblivion.
