Texas power failure fallout & China’s chip supply chain
The US Food and Drug Administration claims that the Johnson & Johnson Covid-19 vaccine meets the requirements for clearance in the nation. We bring you up to speed on the latest development for what could be the third coronavirus vaccine to hit the US market. Fallout from the Texas energy grid failure is gaining steam after a major ice storm slammed the state, leading to several deaths. While the ensuing blame game continues, we caught up with former US Representative Ron Paul to analyze where we stand amid the ongoing saga. While the pandemic has thrown everything into flux, global supply chains are being revisited as transpacific ties are at their lowest in years. Professor Richard Wolff and Boom Bust’s Ben Swann join the program to examine the state of Chinese trade and the semiconductor supply chain.
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