

This above all things. The number of inputs required to build a microchips is insane. There are probably 2 to 3 thousand separate vendors who are part of this process all of which produce highly specialized products. Not to mention the fact that all silicon used to produce chips is currently mined in a single quarry in South Carolina.
China might be able to make a fab, but the inputs required to make chips are too diverse for any single nation to build 3 or 4 nm chips at scale by themselves.








I think I read somewhere that about 20% of the population spends money foolishly. Constantly buying premium cars, electronics,fashion, food, boats, etc. etc. while racking up debt to a point that they aren’t saving any money and live month to month.
If it wasn’t for that 20% out economy go into recession and millions would be out of work. Products the rest of us use would likely increase in cost as manufacturing would need to make the revenue somewhere.
If someone wants to spend their money on stupid shit let them. It keeps others employed.