Friday, October 7, 2022

RT — Elon Musk now offers his solution to Taiwan issue

Musk “reckons that conflict over Taiwan is inevitable,” FT editor Roula Khalaf wrote after the magnate took her to lunch in Texas. The question about China occasioned “the longest silence” of the interview, she noted.

While such a conflict will impact Tesla – the Shanghai factory accounts for 30-50% of its total electric car production – other companies like Apple will be “in very deep trouble,” according to Musk. The global economy will take at least a 30% hit, he estimates.

“My recommendation . . . would be to figure out a special administrative zone for Taiwan that is reasonably palatable, probably won’t make everyone happy. And it’s possible, and I think probably, in fact, that they could have an arrangement that’s more lenient than Hong Kong,” Musk told Khalaf....
That is apparently only in the event that China seizes Taiwan. If it leads to a hot war between China and its allies with the US and its allies, all bets are off regarding the global economy. There's no telling what that would bring in terms of destruction and disruption. Oh, and there is already a hot war in progress in Europe, and the Middle East is on the edge, too. Perfect storm.

RT (Russian state-sponsored media)
Elon Musk now offers his solution to Taiwan issue

3 comments:

Konrad said...

Taiwan rants are the childish blabbering of a dying empire.

China had no need to invade. China is already Taiwan’s biggest trading partner, accounting for 25.2 percent of total exports and 21.6 percent of Taiwan’s imports in 2021.

In terms of total trade, other major Taiwan trading partners include Japan (10.3 percent), Hong Kong (7.8 percent), and the Republic of Korea (6.1 percent).

If anyone will invade Taiwan, it will be the USA when the decline of the dollar becomes more advanced.

Collectively speaking, the West is as feeble, senile, and pathetic as Biden himself.

Peter Pan said...

Taiwanese chip plants will go boom boom if China tries anything.

Ahmed Fares said...

China going vertical, like skyscrapers, with its chip design. An article from David Goldman.

How China could leapfrog US chip-making bans

US efforts to stop China from making top-end chips are being undercut by new forms of ‘advanced packaging’

In the meantime, chip designers have learned how to build three-dimensional chips using what the industry dubs “advanced packaging.”

In the process, which has been used in various forms in chip-making for decades, layers of chips with larger transistors stacked on top of each other can produce computation speeds equal to one-dimensional configurations of the tiniest chips