4 ms·

Onshoring is impossible for most countries. TSMC had an annual capital budget of >$50B, there are only like 30 countries with >$100B in total government revenue

Onshoring is impossible for most countries. TSMC had an annual capital budget of >$50B, there are only like 30 countries with >$100B in total government revenue: https://en.m.wikipedia.org/wiki/List_of_countries_by_government_budget https://en.m.wikipedia.org/wiki/List_of_countries_by_governm...

bluecalm 3y ago
But only like 5 countries matter for Taiwan national security and those have the budget.
manojlds 3y ago
How many of those countries are going to protect Taiwan?