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[–] 18 points 1 year ago* (4 children)

This is a good thing.

It more closely mirrors TSMC and Samsung Foundries.

I know Lemmy largely won’t believe it, but not every molecule of air MAGA breathes is bad. In fact, this feels like a sharp reaction to stubborn neoliberal orthodoxy, hence folks like Bernie are nodding along. I mean, I tend to be more of a deficit hawk, but this is a worthy investment (with the right conditions and stipulations for Intel to not shutter long term projects for short term profit).

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  • [–] 19 points 1 year ago (3 children)

    yeah its the broken clock thing. Still the piece I heard it from said it had not been done since ww2 but I swear in the car bailout we got some sort of equity we eventually sold. Later after sails it made a profit (not taking into account infaltion that I know of)

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  • [–] 3 points 1 year ago* (2 children)

    That last part isn't unprecedented. The US's Strategic Petroleum Reserve (for instance) made a lot of money buying low and selling high, which is just a happy coincidence of trying to stabilize the supply/prices.

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