Economic Chaos of a Taiwan War Would Go Well Past Semiconductors (Bloomberg)
- According to a RAND Corporation study, a war lasting one year would slash America’s gross domestic product by a painful 5% to 10%. But it would gut China’s gross domestic product by an excruciating 25% to 35%. And lest Americans console themselves that China would get the worst of it, the entire world would suffer as the war ripped apart critical technological supply chains.
- Over 90% of the world’s most advanced semiconductors are manufactured in Taiwan. READ MORE (Non-Paywalled)
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