I particularly like your flagging of potential Chinese action against Taiwan. I suspect it will start with a blockade and then, when someone tries to break it, shots will be heard. Then what?
Agreed. Is that a gamble that Xi is willing to take? Probably depends upon the projected collateral materiel damage on SMC/other manufacturing infrastructure. That’s the global economic risk, given NVidia’s pivotal position currently. Markets would likely react negatively and then recover in the medium-long term. But not before the Nov mid-terms ……
I particularly like your flagging of potential Chinese action against Taiwan. I suspect it will start with a blockade and then, when someone tries to break it, shots will be heard. Then what?
Re: then what? In Red Game mode, silence is a very real possibility.
Agreed. Is that a gamble that Xi is willing to take? Probably depends upon the projected collateral materiel damage on SMC/other manufacturing infrastructure. That’s the global economic risk, given NVidia’s pivotal position currently. Markets would likely react negatively and then recover in the medium-long term. But not before the Nov mid-terms ……