Monday, May 16, 2022

Fahreed Zacharia on what is happening in Shanghai

He was saying that this might be an experiment by the government in preparation for Sanctions by the U.S. if China invades Taiwan. However, the thing I believe is that the U.S. would have no choice but to bomb the chip factories in Taiwan because they are the most advanced in the world if China took them over quickly somehow. 

The point Fahreed Zacharia made is that the food rationing during zero covid where some people got no food at all and starved in Shanghai is potentially a preparation for U.S. sanctions against China because of future Chinese plans for Taiwan.

The point about the most advanced chip factories in Taiwan is that the whole world depends upon these advanced chip factories right now because the main one in Japan burnt down. 

This is also why Intel is investing 20 billion dollars in a new microchip factory  in Ohio right now.

If you have tried to buy a new car lately, in order to get what you want you have to preorder it and then wait 4 to 6 months because of the worldwide microchip shortage.

Microchips are the biggest single factor in inflation worldwide besides Oil. In fact, it has made all used cars over 40% more expensive since people can't easily get the new cars now that they want.

It's made a situation worldwide more like when they stopped making new cars in the U.S. because they were making tanks and planes during World War II instead for 4 or 5 years time.

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