Putin, Kim and the $4 Trillion Threat on Cold War’s Last Frontier
South Korea is a semiconductor factory built on top of a geopolitical fault line. War is a very low probability. If it does break out, the human and economic cost would be devastating.
By Jennifer Welch, Soo-hyang Choi, Hyosung Kwon, Tom Orlik, Adrian Leung, Demetrios Pogkas, Christopher Udemans, Gerard DiPippo, Maeva Cousin, Eleonora Mavroeidi and Jon Herskovitz for Bloomberg Economics + Politics, Bloomberg
The human toll would be staggering. Semiconductor shortages would snarl supply chains worldwide. And the global economy would slide into recession…
North and South Korea Conflict Would Hit Chips Trade in Shock to Global Economy (pdf)