Keep in mind that the auto industry is dependent on semiconductors. If the technology value chains suffer a disruption, the auto industry is disrupted. This sensitivity also effects medical, industrial machines and robots, everything.
I found this entirely fascinating. Thank you. It highlights the importance of networks, of which I know not much, and their dynamics, of which I know even less. Questions though, 1) how does trade-related finance compare with speculative finance, 2) what are the similar “pictures” of speculation, including criminal and commodities, and 3) how is climate change and biodiversity collapse affecting global finance?
Perhaps the new Sino-Russian reserve/settlement currency will restore that growth curve to its former glory, though it is unlikely to benefit the West.
Keep in mind that the auto industry is dependent on semiconductors. If the technology value chains suffer a disruption, the auto industry is disrupted. This sensitivity also effects medical, industrial machines and robots, everything.
I found this entirely fascinating. Thank you. It highlights the importance of networks, of which I know not much, and their dynamics, of which I know even less. Questions though, 1) how does trade-related finance compare with speculative finance, 2) what are the similar “pictures” of speculation, including criminal and commodities, and 3) how is climate change and biodiversity collapse affecting global finance?
Perhaps the new Sino-Russian reserve/settlement currency will restore that growth curve to its former glory, though it is unlikely to benefit the West.