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Wall Street Will Collapse If China-Taiwan War Breaks Out, Says Key Apple Supplier: 'May Only Take 10 Seconds — Not An Hour'

2023-08-03 1 Dailymotion

Founder of Apple's lead supplier Foxconn Technology Group, Terry Gou, warns of a potential crash in the U.S. stocks if a war involving Taiwan occurs, Bloomberg reports.<br /><br />The Taiwanese billionaire expressed his concerns in a Facebook post, stating that it could take as little as “10 seconds” for Wall Street to collapse in the event of a Taiwan Strait conflict.<br /><br />Gou, who has been speculated to run as an independent in Taiwan’s upcoming presidential election, has previously called for resuming talks between Taiwan and China.<br /><br />"It may only take 10 seconds — not an hour or a month — for the Wall Street stock market to collapse if a war breaks out in the Taiwan Strait," Gou said in a Facebook post.

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