Ken Griffin of Citadel says US playing with fire by depriving China of semiconductor tech

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Ken Griffin of Citadel says US playing with fire by depriving China of semiconductor tech

<p>Griffin spoke with Bloomberg, his points on the US China tech war:</p><ul><li>US is "playing with fire" by depriving China of semiconductor technology as it could result in a conflict over Taiwan, then "immediate Great Depression," with US GDP taking a 5-10% hit</li><li>"If we lose access to the Taiwanese semiconductors, the hit to U.S. GDP is probably order of magnitude 5 to 10%. It's an immediate Great Depression," </li><li>"We are utterly and totally dependent on the Taiwanese for modern semiconductors in America."</li></ul><p>The interview is a long one, just under half an hour, but if you do want to watch it:</p>

                This article was written by Eamonn Sheridan at forexlive.com.

Source: Ken Griffin of Citadel says US playing with fire by depriving China of semiconductor tech

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