- May 27, 2017
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So protecting American interests (in this case the ready availability and supply of semiconductors) is not part of imperialismYou are the one the brought up Nike to argue your point. I am pointing out that the market conditions when it comes to labor for sneakers and semiconductors are different.
Like you say here, one requires a much higher skilled workforce, which means they can't be easily and cheaply replaced by new workers
There are semiconductor factories in other countries, but they can't just pick up the slack if TSMC goes offline or increases prices by a ton. The supply of semiconductors are already tight
Also making new factories also involves large capital investments. So if China invades before all the new capacity that is planned comes online the west is ****ed.
The Crypto boom caused GPU prices to skyrocket because they weren't enough capacity to make more when demand increased. Now imagine that happening all over the economy.
Not to mention that manufacturing processes are copyrighted info. their competitors don't have access to TSMC's processes
This is not about supporting America imperialism, or being patriots, or whatever silliness that pops into your head that you want to accuse people of
It is a pragmatic look at how a negative geopolitical shift would affect the world economy
But keep fighting that good contrarian fight comrade
It is weird that she went there without the support of the white house.There are plenty of geopolitical risks to. Chinese invasion of Taiwan and it‘s certainly in the US’s interest to mitigate that risk. But I’m not sure I see anything that prompts saber rattling right now - especially by a MoC without support and leadership in the White House.
American interest as far as TSMC seems to align with what Taiwan wants.So protecting American interests (in this case the ready availability and supply of semiconductors) is not part of imperialism
I missed those made in S. Korea Nikes and Jordans. now those we quality shoes. then got replaced by lame-as* China made shoes which have qc issues. vietnam made shoes were terrible and felt like poor fakes by today's standard. in fairness to vietnam, they have improved recently but they are still underwhelming.Y'all sound like good "patriots". Again that's part of imperialism. Taiwan is the top semiconductor producer because western capitalism demands cheap labor. South East Asia has been a source of cheap labor for the west for decades. To put it in sneaker terms for the low IQ people, Nike stoped making sneakers in S. Korea because their living standards improved and people weren't about to work for pennies so Nike was forced to leave for Vietnam, Taiwan etc.
If Taiwan stopped producing chips, the US, Germany, Japan, S. Korea etc can fill that void. They have the tooling/infrastructure in place. But if they did, then the cost would go up because they have to pay the workers a wage so they can live by western standards and western consumers would bish about the rising cost of goods that require these chips.
Is there a huge blue shift that may be occurring in Kansas?
I am sure Delk will post a CNN article tomorrow on why this could mean trouble for the Biden administration.