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by m-ee
2193 days ago
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It doesn’t matter if you think they’re doing something productive for China Apple or anyone else, and the idea that they could suddenly repurpose them to do “AI” is incredibly far fetched. My point is hundreds of thousands if not millions of workers would be suddenly unemployed in such a trade war which would be an economic catastrophe, there’d be unavoidable civil unrest. |
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The other side of the coin is what will happen to Apple and the American economic system?
They will have to pick up and relocate to other third world countries, for their cheap labor. Vietnam, India, Mexico? Sure. But a lot of other mid level goods come from China.
If the supply chain is stopped, then everyone is impacted. The whole thing stops.
Apple’s stock price will crater. Supposedly. But the Fed is so busy juicing the market, and Apple can just repurchase their shares, that they can financially engineer themselves out of this stock meltdown scenario.