That was sort of my original point, much of the US high value engineering (defense/transport/infrastructure) is for the US government. Which means that the more the taxpayer spends on overpriced defense contracts and…
So apple can buy the CPU for it's iPad from Samsung for less than Samsung can????
Not any more, you can get chinese 2 channel 50-60MHZ DSOs for $250. If you do your homework you can find the same ones that are badged HP or Agilent here
From a macro economic point of view it doesn't matter If your stealth bomber uses $100 parts made in the USA or $10 parts from china with the difference going in the CEOs bonus - doesn't make any difference when the…
Then that shows that the US industrial output is bigger. That's why Germany makes $50,000 cars and Mexico makes $15,000 ones
It also misses a lot of chinese industry. It's somewhat harder to track the business operations of a Chinese army owned construction company than a US NYSE listed engineering firm. In $ terms there is also a big gap.…
It's not necessarily good though. A multi-billion $ weapons system built in America for the US taxpayer, even if it is never deployed or even abandoned, counts as a $Bn manufacturing output. As a famous economist said -…
My first embedded chip had 256bytes of memory and 16 instructions
chin splints presumably from your jaw dropping?
That was sort of my original point, much of the US high value engineering (defense/transport/infrastructure) is for the US government. Which means that the more the taxpayer spends on overpriced defense contracts and…
So apple can buy the CPU for it's iPad from Samsung for less than Samsung can????
Not any more, you can get chinese 2 channel 50-60MHZ DSOs for $250. If you do your homework you can find the same ones that are badged HP or Agilent here
From a macro economic point of view it doesn't matter If your stealth bomber uses $100 parts made in the USA or $10 parts from china with the difference going in the CEOs bonus - doesn't make any difference when the…
Then that shows that the US industrial output is bigger. That's why Germany makes $50,000 cars and Mexico makes $15,000 ones
It also misses a lot of chinese industry. It's somewhat harder to track the business operations of a Chinese army owned construction company than a US NYSE listed engineering firm. In $ terms there is also a big gap.…
It's not necessarily good though. A multi-billion $ weapons system built in America for the US taxpayer, even if it is never deployed or even abandoned, counts as a $Bn manufacturing output. As a famous economist said -…
My first embedded chip had 256bytes of memory and 16 instructions
chin splints presumably from your jaw dropping?