(November 15, 2013 at 12:04 pm)pocaracas Wrote:(November 15, 2013 at 11:54 am)Lemonvariable72 Wrote: Mmmhhhmmmmm those effects would be interesting to say the least. In China you would have huge lay offs, while in the us you would a massive remobilization. With a huge Hick up in production and possibly price.
You know that China is the worlds largest producer of rare earth materials, right?.... and largest is a bit of an understatement... they produce something like 95% of those things... And all electronics rely on them.
The US does have a rare earth production industry, but it can't economically compete with China... until the chinese cut it off... like they did a few months... (years?) ago.
Canada has large reserves of those too ircc
To-morrow, and to-morrow, and to-morrow,
Creeps in this petty pace from day to day,
To the last syllable of recorded time;
And all our yesterdays have lighted fools
The way to dusty death. Out, out, brief candle!
Life's but a walking shadow, a poor player,
That struts and frets his hour upon the stage,
And then is heard no more. It is a tale
Told by an idiot, full of sound and fury,
Signifying nothing.
Creeps in this petty pace from day to day,
To the last syllable of recorded time;
And all our yesterdays have lighted fools
The way to dusty death. Out, out, brief candle!
Life's but a walking shadow, a poor player,
That struts and frets his hour upon the stage,
And then is heard no more. It is a tale
Told by an idiot, full of sound and fury,
Signifying nothing.