The China Hack; Booms; Busts and Bubbles; The Road to Damascus 60 Minutes Full Episodes

[Passages]

You're certainly free to watch the entire episode. I posted it primarily for the Wall Street information.
Leslie Stahl's interview begins at approx. 15:00 minutes in.

BOOMS, BUSTS AND BUBBLES – With Wall Street soaring to record highs and worries of an AI bubble, correspondent Lesley Stahl speaks with Andrew Ross Sorkin – one of the most trusted financial reporters of our time – about his new book, 1929, which examines the market crash a century ago, to explore whether history is about to repeat itself. Shachar Bar-On is the producer.

[erronis]

1. Thanks. I've watched (so far) from the Chinese infiltration of our infrastructure through the Sorkin interview.

Both great segments.

As far as the infiltration - most of our electronic equipment is now manufactured outside of the US and predominantly in China. They have always taken a long term approach to getting dominance. I expect most people's home equipment (TVs, routers, home security, appliances, phones, and perhaps automobiles) to be suspect.

Sorkin says that there will be a crash. Not sure when and not sure how deep. But given the bubble of marketing froth and the trmp's regime of undercutting real manufacturing, it will be soon, hard, and deep.

[Passages]

2. I share that same fear.