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China's growing power crunch threatens more global supply chain chaos


UltraMega

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A growing power supply crunch in China is triggering blackouts for households and forcing factories to cut production, threatening to slow the country's vast economy and place even more strain on global supply chains.

 

Companies in the country's industrial heartlands have been told to limit their energy consumption in order to reduce demand for power, state media has reported. And supply has been cut to some homes, reportedly even trapping people in elevators.

WWW.CNN.COM

A growing power supply crunch in China is triggering blackouts for households and forcing factories to...

pretty bad day for the stock market with this being a big part of the cause, though political tension in the US is also a major factor. 

 

 

Edited by UltraMega

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On 28/09/2021 at 14:47, UltraMega said:
WWW.CNN.COM

A growing power supply crunch in China is triggering blackouts for households and forcing factories to...

pretty bad day for the stock market with this being a big part of the cause, though political tension in the US is also a major factor. 

 

 

China : -calls putin-

Putin : -Picks up phone- Da?

China : we need more power!

Putin : Sorry you are at limit allowed -hangs up phone-

 

all jokes aside what do you expect with how many people live in that country. i dont think theres a power grid large enough to support china.

Edited by PCSarge

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30 minutes ago, Diffident said:

Maybe if all of our countries started making are own stuff again it could kill two birds with one stone.

Yeah no doubt when it comes to semi-conductor market.

 

For other things, people love their cheap "Made in China" stuff.

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I wholeheartedly believe we'll have a Made In USA renaissance over the next decade, if not two or three.  People are waking up to realize that cheap stuff that doesn't last isn't good for much other than waste, in the end. 

 

With all there is to efficiency and robust systems to keep the world running, you'd think we'd be more inclined to limitations and efficiency than we are - but we do the opposite and waste so much.  We all pretty much  take for granted the resources we use (at macro and micro levels).

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8 hours ago, GanjaSMK said:

I wholeheartedly believe we'll have a Made In USA renaissance over the next decade, if not two or three.  People are waking up to realize that cheap stuff that doesn't last isn't good for much other than waste, in the end. 

 

With all there is to efficiency and robust systems to keep the world running, you'd think we'd be more inclined to limitations and efficiency than we are - but we do the opposite and waste so much.  We all pretty much  take for granted the resources we use (at macro and micro levels).

Definitely this. 

 

I also echo that countries need to being manufacturing home. Aside from economy advantages it removes the dependency on other nations. I love collaboration and trade but as time has gone by I think we have let the scales tip the other way too much. 

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Oh yes, them scales been tipping hard for a while.  I can't wait to see chip manufacturing back in the states at a much, much greater level than there is today.  I hope anti-trust laws are tapped (yet again!) so that giant corps don't leech all the bloody opportunity for little corps to create new business. 

 

(Looking at YOU AMAZON)

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13 hours ago, GanjaSMK said:

Oh yes, them scales been tipping hard for a while.  I can't wait to see chip manufacturing back in the states at a much, much greater level than there is today.  I hope anti-trust laws are tapped (yet again!) so that giant corps don't leech all the bloody opportunity for little corps to create new business. 

 

(Looking at YOU AMAZON)

Yeah. I would love for the same here in the UK and agree that we need to see some more grass roots level chip technologies and products. That is where most innovation stems from.

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On 01/10/2021 at 16:17, GanjaSMK said:

I wholeheartedly believe we'll have a Made In USA renaissance over the next decade, if not two or three.  People are waking up to realize that cheap stuff that doesn't last isn't good for much other than waste, in the end. 

 

With all there is to efficiency and robust systems to keep the world running, you'd think we'd be more inclined to limitations and efficiency than we are - but we do the opposite and waste so much.  We all pretty much  take for granted the resources we use (at macro and micro levels).

I agree that long-term this has to happen. Shorter term, people are not going to want to spend more money especially these days where $$$ doesn't go as far and many are out of work given the last year+. Housing becoming unaffordable, etc.

 

Anyway, I do agree, but it won't be a quick turn of events to get there.

 

On 02/10/2021 at 11:43, GanjaSMK said:

Oh yes, them scales been tipping hard for a while.  I can't wait to see chip manufacturing back in the states at a much, much greater level than there is today.  I hope anti-trust laws are tapped (yet again!) so that giant corps don't leech all the bloody opportunity for little corps to create new business. 

 

(Looking at YOU AMAZON)

 

Yeah, been kind of alarmed at talk of "corporate cities" and "Amazon" in the same sentence.

Edited by Sir Beregond

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