It’s funny - I can picture arguments between Jews in the 1930s, where one Jew says it’s time to go, Hitler has it in for us. While other Jews say “Yea, we heard that about the Russian, the Prussians, the Persians, but we always got through it intact. You’re just a FEAR MONGER”.
I would have liked to see the looks on their faces when they realized they were wrong.
So I agree - we’re wasting our time...they will have to go through, at a minimum, an ‘educational experience’ regarding just how embedded China is in our supply lines.
I’ve said previously.
The market is just now figuring out that China is a single point of failure for the economy of every developed nation.
But we’ve had 3+ years of moving out of China.
But then the virus has followed into the SE Asian nations production went to.
It’s bigger than just China now.
Glad I’m not in the market!