Re:TSMC Expected to Announce $100B Investment in U.S.
by ethbr1 on Tuesday March 04, 2025 @12:09PM
(#43257398)
Hard to have a strong consumer market with 17%+ youth unemployment.
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Re:TSMC Expected to Announce $100B Investment in U.S.
by xxpor on Tuesday March 04, 2025 @12:13PM
(#43257440)
And the reason there's 17%+ youth unemployment is because there's a weak consumer market!
This is what happens when you structure your entire economy around exports: artificially weak currency, capital controls, artificially low wages, etc.
Re:TSMC Expected to Announce $100B Investment in U.S.
by dmoy on Tuesday March 04, 2025 @01:26PM
(#43258281)
Well also the 50%+ savings rate for a long time (down to the 30%s maybe ten years ago, then back up for awhile)
If everyone in the US saved 30-50%+ it would not go well for our consumer market either.