WIP

I think this is very true, but western media isn’t going to probe this point.

US government doesn’t grasp that sanctions will only further motivate their internal technology development, until it surpasses US tech. China isn’t North Korea. They have plenty of local talent and capabilities.

The US govt is unable to fathom that SMIC internally innovated to allow 7nm, and now 5nm process that does not need the sanctioned tech. Also, SMIC is likely stretching the truth, calling their N+1 tech 7nm, just to taunt the US.

Looks delicious. I love homemade bread.

Nice. It’s apple season and you’ve inspired me to pick up some pork this weekend to pair with my fresh apples.

Good recipe. The Indian grocer usually has big jars of pre-minced ginger and garlic (or a mix) at a much lower price than typical supermarkets. It’s a good time saver for many recipes (including ones that aren’t Indian!)

Balls balls is breaking my brain

Price has gone up by $1k since I first saw this meme. Must be a hot ticket item!

When SVB failed earlier this year, the FDIC stepped in to protect all of the California bank’s U.S. deposits and arranged a sale of the lender’s U.S. customer accounts, branches and loans to First Citizens Bancshares.

Left out of that deal was SVB’s branch in the Cayman Islands, which had deposits from the bank’s clients in China, Singapore and other parts of Asia, including venture-capital and private-equity firms with funds that domiciled in the British overseas territory. Those investment firms were stunned in late March when they found out their deposits weren’t protected, and the FDIC—acting as SVB’s receiver—had drained their bank accounts, The Wall Street Journal reported previously.

Businesses that moved to the Caymans (presumably to avoid paying taxes) should not expect the be bailed out by the FDIC