Were developed by the u. S. Government thanks to the tax payer as part of an industrial policy called the space race and now youve got an industrial policy in china to beat Us Technology to beat apple with a huawei next generation phone and it looks like theyre succeeding and theres no parts in the phone and the us is being going to be sputnik and left on the roadside while china and the technology in 5 g. Go into the future all they have are terrorists and set of being able to compete i think bell labs was in it they did it on the last big part of 00 they had a big. Research parked in steve jobs open openly said that they stole a lot of stuff from there they were the best at stealing they have from the technology from the u. S. Government this story actually hits here in North Carolina while way long relied on suppliers like corvo incorporated the North Carolina maker of chips that are used to connect smartphones with cell towers and sick. I Work Solutions will burn massachusetts base
It unveiled in september called the meat 30 with a curved display and wide angle cameras that compete with apples i phone 11 contained no us parts according to an analysis by u. B. S. And for more hot Technology Solutions Japanese Technology lab that took the device apart to inspect its insides now going back to apollo 11 in the Space Program we had industrial policy in america which was over there in california the xerox labs where they developed a lot of the technologies that apple used in the i phone like the cursor and all the micro circuitry and all these things that are the parts that go into an i phone were developed by the u. S. Government thanks to the tax payer as part of an industrial policy called the space race and now youve got an industrial policy in china to beat Us Technology to beat apple with a huawei next generation phone and it looks like theyre succeeding and theres no parts in the phone and the us is being going to be spun the and left on the roadside while china
From the u. S. Government this story actually hits here in North Carolina while way long relied on suppliers like corvo incorporated the North Carolina maker of chips that are used to connect smartphones with cell towers and sky Work Solutions will burn massachusetts based company that makes similar chips it also used parts from Broadcom Incorporated the san jose based maker bluetooth and chips and Cirrus Logic Incorporated in austin based company that makes chips for producing sound theyve replaced all the ships with their own or other alternatives now well id love to see america get back in the race but youd need entrepreneurial ism and you would need the this aeration in scorched earth tearing down of all the zombie banks that are there only because of cheap rates right and they suck up 3040 percent of the g. D. P. Of the economy of the United States of america so theres no room for entrepreneur alyssum anymore not a not on a world class basis i mean you have people coming up with.
Broadcom incorporated the san jose based maker bluetooth and chips and Cirrus Logic Incorporated in austin based company that makes chips for producing sound theyve replaced all the ships with their own or other alternatives now well id love to see america get back in the race but youd need entrepreneurial ism and you would need the this aeration in scorched earth tearing down of all the zombie banks that are there only because of cheap rates right and they suck up 3040 percent of the g. D. P. Of the economy of the United States of america so theres no room for entrepreneur alyssum anymore. Not on a world class basis i mean you have people coming up with you know great ways to you know pocket fisherman or Something Like that you know novelty products that we sell out here in the u. S. But nothing serious in fact nothing serious is in this next headline again ray dally you know and i believe hes been watching the kaiser report because i noticed that keeps on coming out with statements o
2 dot com stay with us now before the. Financial news in the country. Guys are this is the kaiser report you know the way phone china is the apollo 11. This decade its defining the technological landscape for a whole country going to happen for a long time. Sure this high tech advantage that china has should have been a split nick moment i shouldve. Basically introduced some sort of industrial policy and said hey americans we need to realize that china is eating our lunch on top of this we also should realize that our our exorbitant privilege of having the u. S. Dollar as worlds reserve currency has indeed been a massive privilege and we should have done everything to sustain that so acting like a bully has not only saw that you know even france and germany are coming up with an alternative to swift to circumvent the u. S. Dollar to circumvent the new york fed where all trades are settled that exorbitant privileges ending but this privilege of having the you know. This being so crucial