CIRCLE WITH A DOT

Consider the long, degrading debacle of the F–104 Starfighter, an aircraft the US never deigned to deploy, but which it sold through systematic bribery and deceit to many of its allies, and which killed scores of its pilots. Lockheed knew it was a widow-maker. We should have blackballed the company for good after that experience; Canada should never have considered the F–35 for a millisecond. The whole F–35 program exemplifies everything corrupt and incompetent in military procurement today.

Fascinating. The hollowing-out of Western industrial capacity will take generations to reverse. I’m especially struck by the ignorance and short-sightedness of private-equity firms and finance-minded MBAs, who never read even this sort of accessibly-technical article, but imagine their spreadsheets tell them everything they need to know about every business in the world. Shameful.https://frontiermap.substack.com/p/the-us-imports-82-of-its-large-power#industry #deskilling #economics #engineering #energy #grid #greenenergy