Comments by "SkyRiver" (@SkyRiver1) on "Things I (Don’t) Worry About: Collapse of the Semiconductor Industry || Peter Zeihan" video.

  1.  @andrewpolito9244 Unfortunately: probably more true than we wish.
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  2. Hard to believe that it was only back in the Clinton Administration that we were running a budget surplus. And at the time it looked like it would be a surplus from then on. It took Bush the stupid, Obama, and Trump to destroy that. Mostly Bush, but Trump did give the richest Americans a huge tax break while spending the USA into debt faster than any other president to date. While Bush the stupid didn't destroy the economy with tax breaks for the people who need them least during the midst of wild spending, he did set up the whole destruction of the economy with his stupid invasions and nation building. You may be thinking, but what about Bidden? Bidden's spending is strengthening the economy, bringing back manufacturing and transitioning to sustainable energy, and trying to reestablish a strong middle class, like the one the GI bill created after WW2. An uphill battle against a corrupt insider trading congress controlled by money and not much else.
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  3.  @Art-is-craft They are unthinkably massive. In land alone they own over 29% of the land in the USA.
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  4. Yeah, not to worry, TSMC is building two huge fabs in AZ right now. My bet is that if China invades, TSMC goes up in flames, and any essential workers magically reappear in Phoenix.
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  5. TSMC is presently building 2 huge fabs in AZ. They will provide chips for USA even if Taiwan is invaded.
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