How long do you think it will take


for new and used sales prices of components made in China to collapse because nobody wants them? To judge by the level of denial I'm thinking by the end of the year. But curious to know if people think it might come even sooner than that?
millercarbon

Showing 2 responses by speedbump6

Many companies were already in varying stages of moving production due to the tariffs and chinas clampdown on foreign companies during that period. Due to the virus many more are quickly trying to move some or all production. Seems having all your eggs in one basket means issues that stop production of parts or whole goods shuts down product to sell or use in production. Many companies are looking to spread production around more, though I’m sure this will affect costs and eventually that will reflect in final pricing at some point. Also the just in time way of supplying goods and components is being rethought by some as well. Lots of things will change for some. I’m sure a lot will leave things as they currently are also. As far as buying audio from China I fail to understand the reasoning for that thought from the op. I’m not upset with the Chinese because that’s where a virus started, assuming there’s no truth to the idea it came from a lab there. Their worst crime is the obvious and grossly under reporting of cases. I knew they were when I read about the numbers, and I don’t think I’m that much smarter than the worlds governments. The news outlets were speculating on it the whole time. 
Mahler, you are assuming the ops reasoning was due to the things you mentioned. I have no idea if this is so or not as he was not clear about that part.