Samsung, SK Hynix, and TSMC depend on oil, gas, helium, sulphur, and bromine coming from the region, or through the Strait of Hormuz.
Marko Papic, chief strategist at BCA Research … predicts a severe hit to chip production if the strait isn’t back in operation within a month.
Could mean higher PC component prices, or even a halt in production. Could mean global recession.
Global find out phase sounds good to me. We shouldn’t be inflicted on the rest of the universe, recent events make that abundantly clear.
How do these idiots always end up in power? And what does that say about our intelligence that we let them?