My plan was to wait until February when most consumers have blown money burning a hole in their pockets from not having gone on vacations or out to eat much was spent on cars and a house and other big ticket items over the Christmas/newyears holidays, but I'm hearing that now they think 2022 will be just as bad.
This should be a wakeup call that outsourcing the entire world's production to East Asia was maybe not such a great idea. Imagine if China decides to invade Taiwan and the US is required to go to war per treaty, the entire economy would come to a standstill.
I understand economy of scale and everything, but this is just getting silly where 3/4s of the world's production of some major commodity is all made in one factory in China. We saw this before with hard drives and memory, where a single factory floods or is damaged, and the whole world has a parts shortage.
Yeah, its literally everything that comes out of Asia is basically causing huge holdups. Even just a mulching mower blade for our mower was on backorder for 5 months before we remembered we still never got our order and cancelled.I had to wait six months just for replacement windows for my house.
This should be a wakeup call that outsourcing the entire world's production to East Asia was maybe not such a great idea. Imagine if China decides to invade Taiwan and the US is required to go to war per treaty, the entire economy would come to a standstill.
I understand economy of scale and everything, but this is just getting silly where 3/4s of the world's production of some major commodity is all made in one factory in China. We saw this before with hard drives and memory, where a single factory floods or is damaged, and the whole world has a parts shortage.
Sponsored