https://t.me/CIG_telegram/52816
🇺🇸 The flooding in North Carolina has a potential to throw the semiconductor and tech markets into chaos!
The town of Spruce Pine is stranded as the major roads linking it to the rest of North Carolina and the US are flooded. The Spruce Pine Mining District in the Blue Ridge Mountains of northwestern North Carolina, produces mica, kaolin, quartz and feldspar.Spruce Pine district is one of the largest suppliers of high-purity quartz, which is used in the manufacture of silicon for integrated circuits.
The modern economy rests on a single road in Spruce Pine, North Carolina. The road runs to the two mines that is the sole supplier of the quartz required to make the crucibles needed to refine silicon wafers.
@CIG_telegram
They got a much more direct hit than what was predicted. No one was expecting it to be that bad. I grew up in E TN and spent a lot of time in W NC growing up. The infrastructure is pretty bad. I-40 has always had tons of problems so no surprise it washed out. Dams are old. I worry about how many bodies they're going to find once the waters recede. There should have been evacuations, but again, the storm was "predicted" to go further west and the forecasts weren't updated until the storm was already there. They knew there was going to be flooding, but they got much more rain and wind than they were "supposed" to.
I checked the Augusta (GA) and Greenville (SC) subreddits just after the storm and found day-old posts laughing off the storm, with everybody saying "nah, it's gonna hit Atlanta, we'll be fine." Greenville lost 100% power and has no water for at least a week. Augusta was slammed with the eye. Nobody was expecting this because they weren't really warned it was heading toward them, even when radar showed it clearly was.