There's an underrated scenario where China provokes a crisis with Taiwan, things get spicy, and the world just doesn't have microchips for a few years. I don't get why this isn't more central to our Taiwan policy. https://twitter.com/niubi/status/1390315544155467780 …
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On the plus side, I hope that owning these crown jewels of the global supply chain helps keep Taiwan free and prosperous for many years to come.
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To make myself clear, I'm not even talking about an invasion of Taiwan. All it takes is a missile or jet falling on the wrong spot to precipitate a long-term production crisis.
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There's also reasons that are less Tom Clancy to worry about the concentration of chip fabrication in Taiwanpic.twitter.com/CyldcZ7jSp
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End of conversation
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Maybe it will open new markets for hand-crafted analogue toasters, where you pay a bit more to have a chipless toasting experience. But because everything needs a subscription model, the slots are a little to small for normal bread, so you have to subscribe to the bread service.
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