pull down to refresh

Rare Earths Reality Disproves Libertarians Free Markets Fix Everything Bullshit.
21 sats \ 10k boost \ 21 comments \ @Solomonsatoshi 21 Oct econ
China has the USA/West over a barrel.
Without rare earths supply the US military industrial combine is broke. The US cannot fight a war with China or anyone without rare earths.
Trump started a trade war with China but China had prepared by investing in dominating global rare earths supply chains and now Trump must Beg for continued access to rare earths supply chains.
Libertarian nonsense that free markets always deliver better results than government involvement and investment in strategic markets has been demonstrably proven complete and utter bullshit.
Thoughts? Silence? Libertarians confronted with reality have nothing to say. They are deluded misguided extremists who do not understand the real world.
write
preview
related posts
115 sats \ 6 replies \ @justin_shocknet 24 Oct
China has the USA/West over a barrel.
Cope, this is literally the only lever China has which is why you keep harping on it, poorly trained bot. It's not even a particularly good one.
Without rare earths supply the US military industrial combine is broke.
Without US consumption China is broke
The US cannot fight a war with China or anyone without rare earths.
China is wholly reliant on the US navy allowing them to import for their own needs, including other raw materials they need to leverage their manufacturing base.
Even if they could break the island chain, which I'd say is 50/50 odds at this point, they're completely at US mercy in the next domain: space
Trump started a trade war with China
China started it the second they were allowed into the WTO, the very reason the US doesn't have refining up to par is because the CCP subsidized the industry it to crush competition abroad, a good strategy on their part, that's industrial policy- not free markets.
This was identified long ago, the fake pandemic was a practice de-coupling, companies like MP Materials, Albemarle, and new startups broke ground on refining ops years ago... US will be self-sufficient on RE refining within a year.
Trump must Beg for continued access to rare earths supply chains.
China must beg for aircraft engines, chips, food... the list goes on.
Libertarian nonsense
You deride libertarians and trade policy in the same breath, dissonance, dumb bot.
Yes Libertarians are retarded when it comes to international systems created by globalists, but that's a separate issue, sane people installed economic nationalists to defend themselves in this "trade war" (that is really a currency war)
Tell your handlers the time to move on CIAwan was yesterday, their window is slipping away.
reply
0 sats \ 5 replies \ @justin_shocknet 25 Oct
SILENCE?!
reply
0 sats \ 4 replies \ @Solomonsatoshi OP 13 Nov
Only lever? Really? Are you suggesting that rare earths are the only strategic supply chain that China now dominates? Get real! WAKE UP!
Without US consumption China is broke- there is some truth in this- but there is also some truth in the assertion that ALL major economies now MUST trade with China or suffer significant economic disadvantage.
China pays the best prices for commodities and provides manufactured goods at the best prices. China contributes to the wealth of all other nations by manufacturing what they want from the raw materials they supply.
WTF does USA do? Bully all other nations like a fucking arrogant murdering cunt.
USA may still hold an advantage over China on the seas in terms of conventional warships and subs and the weapons they carry, but China absolutely fucks USA over when it comes to building shipping both for trade and military purposes. The military gap is closing fast and as the nature of warfare changes the gap narrows further. The thing you are confessing though is that USA has LOST the trade war can must now consider military obstruction of China...as the last ditch desperation of an imperialist bully.
Trump started trade war with the tariffs and seeking to obstruct trade with China. China had anticipated this sort of poor me sociopath bullying from Trump an told him to calm down or fuck off if he did not he would get no more rare earths. Trump knows his crony capitalist financialised obese USA cannot compete in a fair trade contest with China. USA cannot make sweet fuck all anymore this is the sad truth.
China still lags behind in some areas like aircraft and space tech but they also lead by a significant margin in other areas like robotics EVs, Batteries, PVs, wind solar and nuclear power generation. Electricity cost for Chinese manufacturers is less than half that in USA and Europe. China leads in nearly all peaceful technology and only lags still in a few high tech warfare tech areas. Meanwhile the US empire is demonstrably headed toward insolvency as it uses up its remaining exceptional privileges and sinks further and further into debt it cannot repay to the Jewish bankers who ultimately control USA Inc. Nobody wants to be stuck with worthless USTs anymore so Trump is hoping stablecoins can keep the sinking ship afoat a little longer and enable him to stash his cash where it cannot be easily traced...
Its the decline of the British Empire Mk2 writ large. Watch and learn.
reply
0 sats \ 3 replies \ @justin_shocknet 14 Nov
Are you suggesting that rare earths are the only strategic supply chain that China now dominates?
The rubber dog shit supply chain runs through China certainly. Cheap labor made it a supply chain of convenience, everything it has is downstream from that, it has no natural resource, legal, IP, demographic, or geographical advantages.
It has some admirable cultural traits, but is becoming more western, not less.
What can be off-shored to take advantage of cheap labor can just as easily, and more intentionally, be near-shored or on-shored.
ALL major economies now MUST trade with China
suffer significant economic disadvantage
Self-contradicting, since the cause is purely monetary
confessing though is that USA has LOST the trade war can must now consider military obstruction
No, that's an illustration of why your US is evil take is so retarded, when China exists as a manufacturing colony only at it's pleasure.
I actually don't think things will get too hot over Taiwan, that's just strategic ambiguity when its suggested there might be. The US isn't going ape on fabs, including TSMC, because they want to get mired in that.
They're certainly selling tons of hardware in the Pacific, and openly stating they want the US to be the world's gun store. If/when re-unification happens they'll have to tread carefully in the larger Pacific.
China contributes to the wealth of all other nations
Without US consumption China is broke- there is some truth in this
China eats the US's, and what's left of Europe's, table scraps,. If the US fiscal position, and therefore it's consumer, implodes then China goes down with it... because it has nowhere to export the rubber dog shit it's so efficient at making.
The military gap is closing fast
In some areas, Anduril and re-shoring are closing the gap on cheap disposable hardware.
In others, like AeroSpace and Chip Fab, China falls even further behind because they're not consumer or industrial products that can just be reverse engineered.
Trump started trade war
China started it after getting WTO membership, fact not opinion, by their own admission.
lead by a significant margin in other areas like robotics EVs, Batteries, PVs, Wind
Tesla, a single company, is ahead of that whole country. China is very good at making cheap solar panels, the kind that can't handle dust and hail storms... but they're only as useful as Tesla cranks out batteries, which they and panasonic do domestically. I actually worked for an energy co deploying wind (scam), and all the valuable parts are from Germany.
Jewish bankers who ultimately control USA
Nobody wants to be stuck with worthless USTs anymore
Trump is hoping stablecoins can keep the sinking ship
Self-contradicting, AGAIN.
Is Trump in control, or the bankers? If the bankers, why are they distributing stablecoins that will destroy all the other fiats that they own?
If no one want UST's anymore, why is it still the capital of capital and money markets and stables keep hoovering them up?
enable him to stash his cash
He's got a billion in Bitcoin alone and almost 80 years old, retarded to suggest he's worried about his cash.
British Empire
Really only collapse after they sent their productive capacity, over a million men, into a pointless meatgrinder, then lost what was left of its infrastructure manifesting its own fears with Germany.
Let's hope neither China nor the US do the same. Were you not too retarded to actually read my pasts posts, you'd know I actually think China and the US are on the same side against the globalists (or jewish bankers as you call them)
reply
0 sats \ 2 replies \ @Solomonsatoshi OP 14 Nov
What can USA manufacture at a competitive price with Chinese products? Almost nothing. China entered the WTO and ever since has produced the goods the world wants at the best price anyone can offer because the Chinese economy is strategically structured with the provision of primary inputs like electricity, housing, education and logistics at the lowest possible cost to the competitive productive sectors. China has beaten the wests capitalism at its own game. The bankers own trump- he bows and scrapes to Israel because the Jewish bankers own him and he knows it. Stables buy USTs because Trump forces them to- so much for free markets- what a fucking joke. The biggest rigged market in world history is the USD/SWIFT/petrodollar global hegemony backed by nukes and CIA- OWN IT! The Jewish bankers own USA but not China. China learned from The Opium Wars and learned how to respond to British/Western/US imperialism and we are going to see in the next 5-10 years the US empire collapse. China is in no hurry as it milks the last of the wealth and technology from US and its decaying political-industrial-military combine. Tesla is dependent upon China- it cannot produce batteries at less than double the cost BYD builds them for. China used Elon Musk to show them how to do EVs and now they dont need Elon. This model of copy and paste western technology has been unbelievably successful because westerners simply do not have any collective strategy and are easily used and then abandoned as China has done with almost every western productive technology, including Elons Tesla. Own it! Read 'Country Driving' (Peter Hessler) if you want to understand Chinas simple but extremely effective capture of manufacturing technology and mercantile dominance. Be quick while your dying USD still can buy you a book and internet data.
reply
0 sats \ 1 reply \ @justin_shocknet 14 Nov
at a competitive price
Convenience, not dependence.
has produced the goods the world wants
Has produced what it has been allowed to produce because it offered cheap labor
primary inputs like electricity
Infrastructure downstream of cheap labor, don't even think China has nuclear submarines or aircraft carriers... we've been sitting on SMR's for decades and let China lever it's economy to solar panels built with coal and metals it gets from Australia
education
Elite Chinese students come to the US. and only because we allow it, so evil.
USD/SWIFT/petrodollar
Contradiction, AGAIN... Stablecoins explicitly undermine SWIFT
backed by nukes and CIA
Bailed out Europe, China, and the rest of the world, with our food and steel
China is in no hurry
Paper tiger that can't pull the trigger, rare earths monoploly gone, semi's in taiwan diversified, near-shoring in full swing... tick tock.
less than double the cost
Bargain, better to spend double and keep it domestic then pay half and it circulate somewhere else. Convenience, not dependence, try to understand this bot.
dying USD
US has the gold and the Bitcoin, China has rubber dog shit and solar panels with no batteries. Sad!
Granted GDP is a fake, fiat number, but you've got a zero-sum fiat brain so it works:
reply
0 sats \ 0 replies \ @Solomonsatoshi OP 14 Nov
At a competitive price that has held down inflation in all nations on the planet. Stop buying from China and your inflation will skyrocket. Stop selling your soybeans to China and your farmers will go broke. Chinas massive and powerful lead on electricity supply is undeniable.
It is built upon the deliberately structured industrial base of a planned economy designed to produce manufactured goods at a more competitive price than all others. Wages in China are steadily increasing well above the rate of inflation. The same cannot be said for the declining industrialised western nations.
Yes Chinese students come to US and other leaders in technology and education and gain knowledge- much of it returns although many stay and become crucial employees in those universities and tech companies- have you ever looked into the tech dept at your local university or major tech companies- there's a lot of Chinese in there...most of them CCP members for life. If war comes what you gona do? Lock them all up and have your techs and universities collapse?
SWIFT is dying anyway - stablecoins are a desperate attempt to prop up the dollar itself a little longer- they are admission that the dollar cannot compete with mBridge and CIPS.
Europe, UK, Japan, Australasia, Canada, Japan and S.Korea are all subservient military and monetary tributes to the USA. But today most of them enjoy far more benefit from their trade with China than with the USA. The USA does not produce anything they want or need- except for military equipment and debt.
China is the only member of the IMFs reserve currency board that is not subservient to USA militarily or monetarily. The IMF (Jewish bankers) needed China to bail it and the USD out after the GFC.
Fort Knox is empty!
China has run successive trade surpluses for many decades. USA has run trade and fiscal deficits for over 50 years. China has used fiat debt capital issuance mostly to the purpose of building productive infrastructure and assets. Like rare earths processing capability.
It will be ten years at best before USA has anything close to rare earths self reliance. And if achieved this will come at a massive taxpayer funding/debt funding cost. By then, well before then actually China will have achieved 3nm chips and Taiwan will be irrelevant except to walk in their and reclaim it to the mainland with USA unable to put up any resistance otherwise they would risk losing access to rare earths and other supply chains they are still dependent upon China to supply. China has won the trade war already- you just can't face it can you.
USA has squandered its legacy extraordinary privilege of frivolous non productive parasitic asset price pumping speculation while its productive economy has withered until it is incapable of building anything useful like nuclear power plants or shipping. The empire is in terminal decline- MAGA is the centuries biggest irony played upon a gullible nation living in fear and ingrained obese sense of entitlement.
reply
0 sats \ 1 reply \ @0xbitcoiner 23 Oct
The issue there, as I see it, is that rare earths aren't just an investment thing; it's also a location thing. You don't have rare earths lying around just anywhere. Even if private investors wanna put money in, they have to invest in the places where the stuff actually exists.
reply
0 sats \ 0 replies \ @Solomonsatoshi OP 23 Oct
It is the refining capacity that is the really crucial factor. Raw rare earths are not so difficult to obtain but to process them to the point where they are ready for use in multiple application is the difficult and very costly and time consuming part of it- and Chinas mixed economic model deliberately invested in capturing this strategic supply chain while the wests free markets failed to.
reply
0 sats \ 2 replies \ @plebpoet 23 Oct
what is meant by "rare earths?"
reply
20 sats \ 1 reply \ @0xbitcoiner 23 Oct
The rare-earth elements (REE), also called rare-earth metals, or rare earths, are a set of 17 nearly indistinguishable lustrous silvery-white soft heavy metals. The 15 lanthanides (or lanthanoids),[a] along with scandium and yttrium, are usually included as rare earths. Compounds containing rare-earths have diverse applications in electrical and electronic components, lasers, glass, magnetic materials, and industrial processes. Rare-earths are to be distinguished from critical minerals, which are materials of strategic or economic importance that are defined differently by different countries,[b] and rare-earth minerals, which are minerals that contains one or more rare-earth elements as major metal constituents.
https://en.wikipedia.org/wiki/Rare-earth_element
reply
0 sats \ 0 replies \ @Solomonsatoshi OP 23 Oct
Correct and they are absolutely essential for the manufacture of many modern high tech products such as EVs, microchips and multiple military applications. You cannot have a high tech economy and you cannot wage a modern war without rare earths to build the multitude of high technology products that require rare earths. China has won the trade war and has the west/USA over a barrel because the Chinese government deliberately prioritised a supply chain that is crucial to the modern economic realities. This required huge capital investment to build the refining capacity that is fundamental to the production of rare earths- without the complex and difficult refining processes the raw materials are worthless and China now has a near monopoly on that refining capacity. Free markets did not prioritise refining of rare earths because it is expensive and not highly profitable when looked at in isolation as private enterprise naturally does- it only makes sense when you recognise the strategic importance and power projection significance of controlling the rare earths supply chain- something a=that the Chinese mixed economic model naturally can do but that the crony capitalist west completely failed to do. Free markets are a nonsense in some significant exceptions to the rule.
reply
0 sats \ 8 replies \ @Solomonsatoshi OP 22 Oct
All the Libertarians here do not have a credible response to this post.
I have provided 10000 sats boost to increase their opportunity to respond.
But they just huddle in silence incapable of responding to the inconvenient FACTS.
They claim nobody will debate with them but when I provide the opportunity they huddle in confused SILENCE.
Incapable of responding to the issues raised.
reply
0 sats \ 7 replies \ @SqNr65 29 Oct
I'm not sure I understand. Tariffs and trade wars are the opposite of free trade and free markets.
If these are causing problems, wouldn't this mean that free markets are preferable to tariffs and trade wars?
"Libertarian nonsense that free markets always deliver better results than government involvement"
Wouldn't the tariffs and trade war be the 'government involvement' in this case?
reply
0 sats \ 6 replies \ @Solomonsatoshi OP 29 Oct
The tariffs are in response to China having captured dominance in nearly all productive supply chains. China has done this by strategically allocating capital toward development of a more competitive economy- for example developing electricity supply at half the price of other nations which means downstream manufacturers have a significant advantage to their over seas competitors. The government led Chinese mercantile economy now beats western neoliberalised financialised economies in terms of competitiveness on nearly all markets. Do you understand now?
reply
0 sats \ 5 replies \ @SqNr65 29 Oct
I was down to talk man, why so rude?
reply
0 sats \ 4 replies \ @Solomonsatoshi OP 29 Oct
I welcome reasoned debate and you asked a question which demonstrated a disingenuous approach toward the facts and issues raised - however I in good faith answer your strawman question and then you call me rude? For what? Asking if you understand now?
reply
0 sats \ 3 replies \ @SqNr65 29 Oct
Yea. Didn't need to add that last bit. That was pretty rude. No need for that. Would've been a nice conversation without it I bet. It's pretty clear that you're not here for "reasoned debate" you just wanna dunk on people.
reply
0 sats \ 2 replies \ @Solomonsatoshi OP 29 Oct
I could interpret your response as highly offensive - Asking if you understand now is simply pointing out that your initial comment did not understand the content of what you were responding to. I responded by explaining how you had misunderstood and whether your misunderstanding was conscious or unconscious I wanted confirmation that you now acknowledge the misunderstanding in your initial comment.
So far you have not given such a response but instead feign offense where none is justified.
Your initial comment misinterpreted/misrepresented/strawmanned what I had posted but you refuse to acknowledge that even when I have explained how and asked if you now understand how you were in error.
Trying to divert the reasoned debate via strawman arguments and personal attacks and baseless trumped up allegations of rudeness is only further indicative evidence that Libertarians cannot provide a credible reasoned response. Provide a credible reasoned response and I will respond in kind I can guarantee that. Respond with strawman bullshit and misrepresentation of what I have said and I will also respond in kind. The entire content of this thread evidences my consistency in this.
reply
0 sats \ 1 reply \ @SqNr65 29 Oct
I ain't reading all that. Don't be so rude man
view all 1 replies