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      08-25-2021, 06:15 AM   #23
Efthreeoh
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Quote:
Originally Posted by Tacoma View Post
It's not as simple as just stop outsourcing. TSMC (and others like Samsung) have mastered production of the most advanced chips that other companies simply can't do. Intel CEO Pat Gelsinger admitted they don't have the know-how to manufacture these most advanced chips. It's not just building the factory and start producing. You need the process technology that takes massive investment in the tens of billions of dollars.

Also, it's not a supply issue but rather the root cause was brought upon by companies that had slowed or shut down suddenly all restarting at the same time spiking demand past capacity limits. People working from home spurred a massive digital transformation that spiked demand as well. The US-China trade war also caused a massive front-loading of chip demand... and so on.

These events are not normal. In normal times, production capacity is more than sufficient to cover demand.
It's exactly the cause of off shoring manufacturing. First, the manufacturing labor is off shored to reduce labor costs, then the manufacturing engineering follows, then the design and development engineering follows. Then once there are no such jobs to get in the US, the educational system stops teaching the craft.

Then million of incomplete cars and trucks are sitting around idled US factories. It's corporate short sightedness.

Last edited by Efthreeoh; 08-25-2021 at 09:04 AM..
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      08-25-2021, 08:23 AM   #24
chris719
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Quote:
Originally Posted by Efthreeoh View Post
It's exactly the cause of off shoring manufacturing. First, the manufacturing labor is off shored to reduce labor costs, then the manufacturing engineering follows, then the design and development engineering follows. Then once there are no such jobs to get in the US, the educational system stops teaching the craft.

Then million of incomplete cars and trucks are sitting around idled US factories. It's corpoate short sidedness.
Actually, you have no idea what you’re talking about in this case.
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      08-25-2021, 02:09 PM   #25
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Two years ago I bought a 2013 Rav4 with 31k miles for 14k.
I sold it earlier this summer for 15.75k with 42k miles and only did one oil change on it.

To replace it, I found a private sale 2013 MB ML350 4matic with 53k miles for 22.5k after taxes.

Used car market is indeed crazy, and it's because of demand! Private sale is the last bastion for finding good deals I feel. Because dealers are pricing far above the value of the vehicle!
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