U.S. sanctions will not halt rise of China's chip industry

[JeffKeryk]

This, this is the paradox of Western consumerism. They ***** and moan about jobs going overseas and then ravenously consume the cheapest offshore garbage while complaining about the quality the whole time, knowing full well it's coming from China.

This behaviour of course drives further offshoring because if consumer behaviour demonstrates that they don't really care, what is the purpose of maintaining higher cost Western operations?

Yep. We scream "De-risk from China" but our actions quietly speak far louder. I think it's Elon's fault too, right?

 

[Pew]

Offshoring was one of the things that tamed inflation after the 70's. A cheaper labor force was found and taken advantage of, to keep cheap goods flowing to the USA.

Not saying it was a good thing, or that we weren't sold out by our politicians or CEO's, but there are always trade off's. How many people even look at where something is made before they buy it? They simply look at the price. Many companies tried to remain made in USA, and proudly promoted it. A lot of them ended up out of business or offshoring later.

We were worried so much about whether or not we could that we didn't ask ourselves whether or not we should.

 

[pbm]

We see how 'well' sanctions worked against Russia.