@deco19
yeah - interesting situation
Jan 2019 China had 65 million vacant apartments sitting in negative equity territory / in plush developed precincts ...ghost towns
so middle class expansionism growth continuing ...and remains so
Massive stimulus now focused on semiconductor sector / growth - shift exposes the developers to their own financial mismanagement
also central party has stated clearly that the sector ( construction) must adapt to 2050 sustainability targets / climate change. targets...yep, they're serious about it ...cutting ore shipments inline with this directive which imo had more to do with markets shifts over the last month than anything else
( rememeber the 'puttable bond' china crisis that was going to rupture global markets in 2018?...more of a concern that this one imo)
Global Macro China remains in a massive expansionary phase which will see hiccups....as we saw yesterday but enough to shake global markets down...nope! /... not yet imo
just my quick opinion in reply - get back to you @StoneyJerk ...into a Teams meeting in 5 mins.
a thought to leave with you all
place a volume production order with TSMC = 3 yrs turn around ....Bob Swan and Intel as example ...3 yrs !!!!
place a volume production order with Skywater = 12 month turnaround ...thats WBT!
fastest time to commercialisation = tier 2 ....makes sense doesn't it$$$$
GLA
Weebit - 2021and beyond, page-8961
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