Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Political Discussion
Reply to "China Suspends Export of Critical Rare Earth Minerals"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think he went for nuclear option really fast. I thought he was going to use rare earth minerals and antibiotics as last resort.[/quote] Last resort is China selling off their share of our debt and cratering our bond market. China has banned rare earth metals and tech before - last december, they banned germanium and gallium because of biden restricted their access to some American tech. However, it seems like the US was able to get the materials from China through 3rd party traders. They have banned exports at other times in the 2000's, including one incident when they stopped exporting to Japan. This isn't like an ace from the sleeve, more like a noose that they have been tightening for 20-30 years. I wrote before that China controls 80% of processing, but I was wrong - they control 87% of processing. Banning exports to the US as they did in 2024, is not the same as what they are doing today - banning all exports. China was ok with the US getting metals through backdoor channels after the 2024 ban, but pausing all exports until they come up with new regulations could mean they are scrutinizing each export to make sure it doesn't make its way to the US. Aside from ev's, this is not good for the US military. Drones, missiles, aircraft, robots all use these metals.[/quote] China owns less than 10% of all outstanding US debt. Japan owns more US debt than them. The lions share of our debt is owned by Americans and American institutions. China won't hurt the US that much that way. China will be multiple fold hurt more than the US if all trade stops. They export way more than they buy of our stuff. [/quote] China is going all over the world to expand its market. In the short term US is going to suffer more than China because our only supplier in a lot of critical sectors like antibiotics is China.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics