The Ohio State University and senior fellow at Cato Institute. Finally, Jackie Schneider at stanford university. Thank you very much for the introduction. I am grateful for events hosted back in the before days. I was able to meet with colleagues and talk about ideas that make their way into this book eventually. Im grateful to be on our panel like this, i think i cited most, if not all of you in this book. It is my privilege to share this with you. This book comes out of my personal experiences in uniform in the u. S. Navy so i thought i would start with this. The first is back in 1999, my first job in the navy, i was a targeted officer working at the u. S. Headquarters. A short air campaign against the modern state ended with no fatalities to a lot of people, this looks like a big Success Story for technology, new american way of war. Revolutionary wars but we made a lot of mistakes including blowing up the chinese industry. This was a mistake that was coordination failures, lots of
The Halftime Report with scott wapner begins right now. Welcome, good to have you with you on a monday joe terranova, we have the chief Investment Officer and adam parker, ceo, and we begin be the markets. The stocks under pressure this hour follow through perhaps from worries that the strong jobs report may keep the fed from keeping Interest Rates as much as some hoped. Throw in some bignamed downgrades and big picture, joe, okay, we said Morgan Stanley, okay, they have been negative no big shock right . Mike wilson sat on this desk and you have got his view. Now they say theyre putting their money where they their mouth is lowest level in five years big reason lower returns. Al plain and simple. Right call or not . I disagree with the call. Disagree with the call because im not certain first of all, Morgan Stanley as a Wealth Management company, im surprised theyre not giving you where are you going with this capital. I dont want to put it in cash, im not emerging market bonds and In
Enterprises . To date, ah, if we speak for what is produced at lviv Defense Enterprises cluster, we can say that these are body armor, this is tactical equipment, ordered by the ministry of defense, starting with uniforms, ending with backpacks, unloading systems, summaries, elbow pads, knee pads, a lot of other products, more. New enterprises have been built, i will tell you that the situation with chimerio is not the only investment, an enterprise for the production of drones has already been built, and the size of the investment is also quite large, today the construction of two production plants in lviv oblast is ending special fabrics for the needs of the armed forces of ukraine and a factory for the production of ceramic weapons elements for the needs of the armed forces of ukraine. Thats why development is going on. It goes on all the time and today we can really say that lviv oblast is gradually becoming such a production investment pool where new enterprises are being built in
There is a need to do something independently find something and find in the way how we can compete more effectively with companies that have more advantages than us, well, you see such ways, relatively speaking, you have the feeling that you can fight there with the germans, the french in our market, even though their opportunities there are potentially greater and wider, you you know, that is, we have no other option, yes, that is, we have no option not to fight, just as our army does not have the opportunity not to fight there, that is, we must ensure the development of the Ukrainian Border today, that is, the supply of products , that is, we simply have no other way out, we need to look for mechanisms , we need to attract private investments, we need to understand how we can make the end products cheaper, what we can automate, that is , there is a slight advantage in the labor force, it is cheaper here today than abroad. You need to look for internal advantages at the expense of th
Situation and it cannot give a permanent result, if we talk about industrial production, then there is only one installation of vacuums for pressing armor plates, it is 600 00 € of investment, it requires a lot of equipment, but the understanding is that if we we say that we have a millionstrong army, it should be equipped with bulletproof vests, then such enterprises should be built, they should be today, speaking for a series. There was no production, that is, until now there is only one company in ukraine, that is tem300, which has, i dont know at what technological level , the possibility to produce ceramic armor plates, everything that others tried to produce is more some constant development, and this is simply imported from china of very low quality, if we take into account the needs of ukraine army, then there is no other way out, we need two, three, four for mass production. A factory for the production of armored plates in order to provide the Ukrainian Army for the future