☆ Yσɠƚԋσʂ ☆ to news@hexbear.netEnglish · 9 months agoThe U.S. Industrial Base Is Not Prepared for a Possible Conflict with Chinafeatures.csis.orgexternal-linkmessage-square163fedilinkarrow-up1165arrow-down11cross-posted to: us_news@lemmygrad.mlusa
arrow-up1164arrow-down1external-linkThe U.S. Industrial Base Is Not Prepared for a Possible Conflict with Chinafeatures.csis.org☆ Yσɠƚԋσʂ ☆ to news@hexbear.netEnglish · 9 months agomessage-square163fedilinkcross-posted to: us_news@lemmygrad.mlusa
minus-square☆ Yσɠƚԋσʂ ☆OPlinkfedilinkEnglisharrow-up57arrow-down1·9 months agoYeah, this is delusional beyond belief. Most people don’t realize just how dependent on China US is today. For example: https://edconway.substack.com/p/globalisation-is-a-far-far-bigger
minus-squaresupafuzz [comrade/them]@hexbear.netlinkfedilinkEnglisharrow-up37·9 months agoLove when my grand interconnected system is really a single point of failure
minus-squarejackalopelinkfedilinkEnglisharrow-up31·9 months agoPosting numbers from 2018 is an insufficient insight into the situation though as there has been reported increased decoupling following covid.
minus-square☆ Yσɠƚԋσʂ ☆OPlinkfedilinkEnglisharrow-up39arrow-down1·9 months agoUS industrial output is currently shrinking, the decoupling is just talk with no substance to it https://www.bloomberg.com/news/articles/2023-07-03/us-manufacturing-activity-shrinks-by-most-in-three-years https://www.barrons.com/news/us-manufacturing-activity-shrinks-more-quickly-in-february-e0674cd7
minus-squarejackalopelinkfedilinkEnglisharrow-up14·9 months agoRight because (as I understand it) the decoupling is shifting to nearshore/friendshore operations like Mexico and Japan.
minus-square☆ Yσɠƚԋσʂ ☆OPlinkfedilinkEnglisharrow-up30arrow-down1·9 months agoNot when you account for intermediate inputs. While end products might be made in Mexico or Japan, those will almost certainly rely in intermediate components manufactured in China: https://edconway.substack.com/p/globalisation-is-a-far-far-bigger
minus-squarejackalopelinkfedilinkEnglisharrow-up1·9 months agoRight and that chart only goes up to 2018 so I’d like to see a similar chart updated for post covid. Do you happen to know of one?
minus-square☆ Yσɠƚԋσʂ ☆OPlinkfedilinkEnglisharrow-up13arrow-down1·9 months agoI don’t have a more up to date one, but I would bet money that nothing fundamentally changed in the past 5 years.
minus-squarejackalopelinkfedilinkEnglisharrow-up2arrow-down1·9 months agoI mean a lot has fundamentally changed in the last 5 years… 🤷
minus-square☆ Yσɠƚԋσʂ ☆OPlinkfedilinkEnglisharrow-up12arrow-down2·9 months agoNothing has fundamentally changed in terms of supply chains in US that rely on China.
minus-squarebigboopballs [he/him]@hexbear.netlinkfedilinkEnglisharrow-up3arrow-down1·9 months ago a lot has fundamentally changed in the last 5 years No way, jack
Yeah, this is delusional beyond belief. Most people don’t realize just how dependent on China US is today. For example:
https://edconway.substack.com/p/globalisation-is-a-far-far-bigger
Love when my grand interconnected system is really a single point of failure
Posting numbers from 2018 is an insufficient insight into the situation though as there has been reported increased decoupling following covid.
US industrial output is currently shrinking, the decoupling is just talk with no substance to it
Right because (as I understand it) the decoupling is shifting to nearshore/friendshore operations like Mexico and Japan.
Not when you account for intermediate inputs. While end products might be made in Mexico or Japan, those will almost certainly rely in intermediate components manufactured in China:
https://edconway.substack.com/p/globalisation-is-a-far-far-bigger
Right and that chart only goes up to 2018 so I’d like to see a similar chart updated for post covid. Do you happen to know of one?
I don’t have a more up to date one, but I would bet money that nothing fundamentally changed in the past 5 years.
I mean a lot has fundamentally changed in the last 5 years… 🤷
Nothing has fundamentally changed in terms of supply chains in US that rely on China.
No way, jack
holy shit