I study engineering, not economics
Quick crash course from a fellow engineer, then.
| Country / Region | GDP (Gross Domestic Product) | MVA (Manufacturing Value Added) | DMC (Domestic Material Consumption) | Ratio: $ / Ton |
| China | $19.4 Trillion | $6.21 Trillion | ~35.0 Billion Tonnes | ~$550 |
| USA | $30.6 Trillion | $2.91 Trillion | ~6.5 Billion Tonnes | ~$4,700 |
| EU (Total) | $20.5 Trillion | $3.12 Trillion | ~5.8 Billion Tonnes | ~$3,500 |
| Russia | $2.54 Trillion | $0.38 Trillion | ~4.2 Billion Tonnes | ~$600 |
| UK | $3.96 Trillion | $0.35 Trillion | ~0.6 Billion Tonnes | ~$6,600 |
| Iran | $0.36 Trillion | $0.06 Trillion | ~0.8 Billion Tonnes | ~$450 |
Spot the service economy bubbles? See the value of GDP when it comes to actual physical goods production?
Industrial challenges are challenges of time, money and bi or multilateral agreements.
As someone who specialised in manufacturing engineering, my biggest headache is always people.
Mentality, intelligence, organisational inertia, bureaucracy. Actual engineering problems are usually the smallest worry.
You left that factor out entirely. Outside of a few rare exceptions like Elon's companies most prominently, manufacturing in the US is a downwards trend, mostly because society has taken a shape where efficient manufacturing gets harder and harder due to social factors.
The physics of engineering is the same on different continents ... yet if you compare the throughput, it is vastly different.
I am not saying the US cannot make enough bombs. I think they actually have a decent stockpile, and they could ramp production.
I think the delivery chain will strain before they run out of stuff to drop.
But honestly do not take economic advice from me. Economics largely makes no sense to me.