The world has done a reasonable job of managing many of these risks, we've made an error somewhat in putting a lot of our chip making capacity and seismically active zones like Silicon Valley. The biggest risk hanging over the industry today is the concentration in the Taiwan Straits where compared to five or ten years ago there's far more concern that something might go wrong. If it does we're guaranteed to get vast disruptions in chip supply. So this to me has been a very under-nodest part of America's commitment to Taiwan but I think most people hear this and they think why would we really care that much about Taiwan?

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