Amarin Corp Plc (AMRN)

[ralphey]

The disaster of stocks is due to the US economic war with CHina. Having depleted them of IC chips, CHina the worlds major producer cannot produce - so the whole world has entered an economic slump. CHina is about 5 years behind the US in IC production. THis is a huge hurdle with IC chips They will ramp up and try to produce their own but that will take some time. The US is depriving them of IC chips to prevent them from advancing their military including AI . However, many of these chips are used in all sorts of consumer goods especially in the IOT ( INternet of things ie your car phone etc)

IN the meantime US / Europe and the rest of the free world are trying to ramp up the production of consumer goods while bringing places like INdia on board to use their massive population to produce what China is not. THis of course will all take time.

ALthough not a fan of Biden he has struck CHina a severe blow with this move it was a much harder move that what Trump had done .