The "chip shortage" and "what it means to you"

July 31, 2021 by Lucian Mogosanu

Let's begin the other way around, with the obvious and (obviously) painful part of that clickbait: it means that you'll be much poorer in 2023 than you are now; possibly way poorer than you were in 2019, which is yet worse than 2017. You'll have less of everything, and by 2029 you'd better pray to your Gods that you're left with something, anything at all.

As for the rest of it: as is usual of Pravda, some of the symbols it conveys do have... let's call it meaning, for the lack of a better word; except their so-called "meaning", as established by context, has little to nothing to do with the notional content of their constituent words.

Said context is quite rich in details and complexity, so I won't pretend to understand it in the fullness of its depth. However, I have attempted to and after careful analysis, all the equations simplified to the following statement: starting with Anno Domini 2021, the economic politics of China have gone out of alignment with those of the West. That's it, really; although the implications are deeper than meets the naked eye.

What I mean is that it's one thing when China prioritizes its own market over the Western one in the race for the "electric automobile" madness; and we're not going much further into it when adding that this will likely avalanche (as feedback loops "likely" do) into all the markets dependant on digital computers. That's one thing, though.

The other thing is when the very same "trade partner" applies similar pressure to other points in the machine; perhaps not with so much vigour and most likely not everywhere at once, but otherwise carefully calculated, however sparsely, yet enough to eventually cause the foundations to crumble. Just think about it: it ain't much work and they haven't much to lose from it, they just have to save face while it lasts. All this coupled with the ongoing cyberwar, of course, but otherwise nobody's gonna have to pull a goddamn trigger.

I for one hope I'm wrong, but... I guess we'll just have to wait and see, won't we?

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7 Responses to “The "chip shortage" and "what it means to you"”

  1. #1:
    spyked says:

    Only one month and a few days later, ZeroHedge writes a detailed piece on Jinping's next plan for China, which to me looks eerily like a July Theses N.0, where I can't really be arsed to keep track of the value of N. So it's possible that I've at least partially misjudged the situation and China, while the top of the world and in the supposed position to do whatever it pleases, cannot in fact hallucinate for itself a future where resources of all kinds lie about on the street waiting to be picked up by Neica Nimeni. So instead, they neatly but without much fuss wrap up their reorganization plans in a populist doublespeak -- or what else am I to understand from "adopting new science-based ideas" or "people-centric approach", what is that other than marketing/PR under another name. I'm stupid like that, or in any case I ain't one to say what said reorganization plans entail, but we'll just have to wait and see how things work for 'em in the next five years or so.

    In any case, I've called it.

  2. #2:
    spyked says:

    Two years in, the bet still holds: China and its allies are relegating the US dollar to the status of "yet another currency", while inflation in the West is ready to soar once more.

    What else the fuck did you think was going to happen, huh?

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