Red China's incompetence threatens the world

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Amid a world shortage of semiconductor chips, a polysilicon plant in Shihezi City, Xinjiang, China, exploded and caught fire today.

Seeking Alpha reported, "The report is so far unconfirmed by western media outlets, but if confirmed it could have implications for the global semiconductor industry, which already is in a severe shortage."

While Red China's prowess in cornering the market is remarkable, its ability to meet market demand is highly suspect. Plant explosions are fairly common in Red China, particularly in the chemical industry. And thousands of miners die in explosions, fires, floods, and cave-ins each year.

Look up "China chemical plant explosion" at the South China Morning Post, and you will find a score of such incidents in the last, oh, 5 or 6 years.

Red China also suffers the worst air pollution and water pollution in the world.

Disregard for safety and pollution reflect a disregard for efficiency. Pollution, after all, is a waste of raw materials.

John D. Rockefeller saw that in producing kerosene from oil, they were pouring away a highly volatile byproduct into the Cuyahoga River. He decided to use that byproduct to run the internal combustion engines that ran his refinery.

Decades later, when electric lights replaced kerosene, that byproduct -- gasoline -- saved the oil industry.

Red China lacks entrepreneurs, who innovate. What it has are bureaucrats, who push pencils. We are not sure if Red China deliberately unleashed its covid 19 biological warfare weapon. Given the bozos in charge of Red China, an accidental discharge is possible.

For many reasons, Red China is unreliable. Incompetence is an often overlooked reason.

Economist Michael Snyder wrote this week, "Outsourcing The Production Of Virtually Everything Has Brought Us To The Brink Of A Nightmare Scenario For The U.S. Economy."

We put our future in the hands of Maoists who have no clue how anything works.

He wrote, "The global chip shortage has been a very painful reminder of how exceedingly dependent we have become on technology, and it has also shown us how unwise it was to outsource production of most of our chips to Asia.

"Back in 1990, the United States produced 37% of all computer chips in the world.

"Today, that number has fallen to just 12%."

And demand for these chips has soared because we must computerize every daggone thing in the world.

And that is not all.

Snyder asked, "Did you know that 60% of all apple juice that is sold in this country now comes from China?"

This is bad for two reasons. The first is the obvious reason that we are relying on an adversary for everything.

But the second and perhaps more frightening is that we put our supply chain in the hands of a feckless, lazy, and inexpert government that employs nobody but the progeny of CCP members.

Zero Hedge rightly mocked the story, "Biden Administration Announces 'Supply Chain Disruptions Task Force.'"

ZH began its report, "I'm from the Government and I'm here to help."

But the supply chain already is run by a government -- Red China's.

That is even worse.

Which explains why we have a shortage of computer chips, a shortage that will last for 3 years or 12 more fatal plant explosions in Red China, whichever comes first.

That's the article: Red China's incompetence threatens the world

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