Locator: 50630MAGA.
Tectonic changes in the Mideast. It will be interesting when Peter Zeihan and Daniel Yergin connect the dots. With every passing day that the strait remains closed and Iran's coast is blockaded, the Mideast becomes more irrelevant.
- The Russian Urals: selling for $121. Link here. A little background to the Russian Urals, from March 2, 2022 -- link here. Brent running about $105; WTI at $95.
- Jet fuel from Nigeria: link here.
- American oil tanker to Japan: link here.
The other tectonic change -- blades: AI, the fourth (actually the sixth) industrial revolution, but we'll save that for another stand-alone post. The story belongs to AMD; or, perhaps better said, the story belongs to the CPU.
With regard to blades keep your eyes on CPUs, accelerators (GPUs, TPUs, NPUs) and HBM.
Nvidia has the accelerator sector all to itself; no longer. Analysts are finally getting wise -- there was too much emphasis on GPUs at the expense of CPUs, and GPUs were not the end-all, be-all -- there were also TPUs (Broadcom) and NPUs (Apple).
HBM: another story. It's SK Hynix, Samsung, and MU. That's it. Only one is American. And Samsung is facing labor strife:
Now, to the stand-alone blog.
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The Book Page
Two books today -- continuing to read these two --
The Jewish Annotated New Testament, NRSV, Amy-Jill Levine And Marc Zvi Brettler -- c. 2011, with new preface, 2016; and,
Palo Alto: A History of California, Capitalism, and The World, Malcolm Harris, c. 2023.
From the former (The Jewish Annotated New Testament): Ioudaios. Link here.
From the latter: Herbert Hoover and the building of the Hoover Dam, pp. 150 - 154:
Herbert Hoover, rivaling anything Trump ever did as a builder;
bringing the US into the modern era;
clearly MAG: making America great before the two world wars;
making California what it is today;
Hoover's associative model; transformed California's --
agricultural industry; and,
the aeronautical industry.
water for agriculture
