Re:Chinese hacking spree hit an ‘astronomical’ number of vic...
by elefanten on Saturday March 06, 2021 @03:50PM
(#26370423)
Equivocation. Gp means lack of specific consumer goods, for a set time.
Your comment makes it seem like this would lead to catastrophe or collapse.
It would more likely lead to industry rotation and employment change.
Yes, you can reduce any macro factor to a death count, but those are always trading off in all directions. It's meaningless to categorically single out a particular scenario of swapping production as more deadly than the others.
Re:Chinese hacking spree hit an ‘astronomical’ number of vic...
by refenestrator on Saturday March 06, 2021 @04:33PM
(#26370712)
It would take a generation to build an electronics industry equivalent to shenzhen, and would require state involvement/investment that we're not capable of.
I'd like to regain industrial capacity too but we're missing an entire population base of expertise and relationships.
Lack of consumer goods means lack of jobs for people who transport, warehouse, and sell consumer goods.
Lack of jobs means lack of money to pay for things like food, shelter, medical care, etc, only some of which the US has adequate safety nets for.
People will, indeed, die from lack of consumer goods.