Erik Bethel

Wait, what does that mean for

you know, AI, what does this mean for, you know, Grok or ChatGPT or, and the NASDAQ?

Stuff that you don't think about.

Your washing machine has chips in it.

Where are you going to get a new washing machine?

And everything goes up in price.

Not to mention.

If you can get it at all.

So chips are important.

But I would also make the argument that if China takes Taiwan, it's going to have massive implications for the US economy.

extreme amounts of inflation, high interest rates, job losses.

Because of the chips?

No, no.

It's actually, you're going to have to bear with me.

Indulge me for a second, but I'll take you through like a meandering journey of economics.

I'm sure that there are going to be some macro economists out there that are going to try and shoot holes in my argument, but bear with me.

Here goes.

Let's begin with, let's take stock and understand where we are in our economy.

We've got $37 trillion in debt.

We've got insane and unsustainable budget deficits.