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But neither the automobile shortage nor the chip shortage that caused it were themselves caused by lockdown restrictions. This would have happened anyway. > Th

But neither the automobile shortage nor the chip shortage that caused it were themselves caused by lockdown restrictions. This would have happened anyway. > The second and third order effects from the last year and a half will no doubt have more of a negative public health impact than covid ever did. Really? COVID killed millions and made millions more very sick. Meanwhile industrial economies are doing overall quite well despite lockdowns and some labor shortages.

josephcsible 5y ago
> But neither the automobile shortage nor the chip shortage that caused it were themselves caused by lockdown restrictions. This would have happened anyway. What would have caused them other than the lockdowns?
- puetzk 5y ago
  The texas blackout was a major factor - it hit an NXP plant that didn't manage to complete an orderly shutdown in time, and caused enough equipment damage that they couldn't get operating again at all for a month, and at reduced capacity for a long time after. https://www.statesman.com/story/business/2021/03/12/nxp-could-lose-100-million-due-weather-shutdown-austin-plants/4664621001/ https://www.statesman.com/story/business/2021/03/12/nxp-coul... There was also a Samsung plant similarly affected, which I think didn't really get back operational until the end of March.