A lot of the plastics used to cover parts on the circuit boards for hard drives are made of bakelite. Back in the late 1990s/early 2000s, I remember having to rescue data after judicious application of a freezer, as the bakelite in the circuit board's components had warped & cracked with age and high heat.
Good on him. Guy definitely has a head on his shoulders. Stumbled on to it after seeing folks still getting scammed by M$ into upgrayedd to Win10 being in the news.
Interesting. I'm a bit more of the mind that this is more about the fed being painted into a corner due to this flattening (and always lowering) yield curve being needed to finance the forever war. Ed is right that rising rates would likely actually stimulate the economy at this point, but he neglects the impact that would have on government financing (and the subsequent chimpout that would cause).
... because Trump. Riiiight, as if that won't make men inclined to use that more radicalized, just as with every black market activity. Considering the last polling showed a majority of men admitted to enjoying porn, this would be an extremely unpopular measure, moreso than perhaps even the drug war.
Sounds like he knew how things got done in NYC back in those days. It may have actually been cheaper to get trump tower constructed that way than to suffer delays and union BS.