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United States
No War for Semiconductors
“No war for oil” is a well-known chant and message on signs at antiwar protests. It challenges a common special interest purpose behind United States military actions abroad. It is time to start using an update variation of that chant and those signs. Republican presidential candidate Vivek Ramaswamy stated in a Tuesday Twitter post that he is the only candidate who has committed, as president, to “militarily defending Taiwan” against China. Expanding on his war pledge, Ramaswamy wrote:
A “Prolonged Freeze” Has Descended Upon The U.S. Economy
Visualized: U.S. Corporate Bankruptcies On the Rise
Visualized: U.S. Corporate Bankruptcies on the Rise
In March, Silicon Valley Bank collapsed, plunging its parent company SVB Financial Group into bankruptcy a week later.
While many expected a wave of bank failures to follow, much of this has since been averted—but cracks have begun to emerge with Moody’s recent downgrading of 10 small and mid-sized banks.