China Rare Earths Issue

this could be interesting

While they say that they're restricting exports for environmental reasons (and to some extent they are, rare earth mining is a horrible, messy business), there's more than a suspicion that it's all part of industrial planning. If you cannot export the metals or the salts, but you can export things made from them, then all the work, the industry, of turning the salts and metals into products will migrate to China. This is along with all sorts of fat, highly paid manufacturing jobs – and it is not as if we really have a surplus of those at the moment anyway.
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They dont care about the enviroment. There playing a game for power and control and showing who is the boss. On a side not have the shades of the forum been changed recently because its really hard to read and see. Can this be changed by the individual.
 
ssvs04 said:
On a side not have the shades of the forum been changed recently because its really hard to read and see. Can this be changed by the individual.
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In the lower left corner of the page, there's a combo-box (drop-down list) that you can use to select a different color scheme. Everything besides "black-black" and "pink-purple" should be readable. They're working on the issue.
 
ssvs04 said:
They dont care about the enviroment. There playing a game for power and control and showing who is the boss.
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Agreed. It's the China vs the World game. Where it's China's way or no way. I found it rude at how they feel like they OWN the USA now. That is due to the fact that they own tons of USD currency, but they act like they can push USA around now.
 
Freshfroot said:
I found it rude at how they feel like they OWN the USA now.
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During the banking crisis, many Western countries, including the USA, borrowed money from the ICF (International Currency Fund), and that money comes from China and India.

So, it's a good question whether they do already own the USA. Don't forget, it's about trillions of dollars ...
 
Monster said:
During the banking crisis, many Western countries, including the USA, borrowed money from the ICF (International Currency Fund), and that money comes from China and India.

So, it's a good question whether they do already own the USA. Don't forget, it's about trillions of dollars ...
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true, and I see the USD falls again, and the CDN is on par or higher. Which is NOT a good sign.

I always hear analysts saying things will get better and pickup. But I haven't seen ANY good or positive signs as of yet.
 
Freshfroot said:
true, and I see the USD falls again, and the CDN is on par or higher. Which is NOT a good sign.
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I guess some people in the USA would disagree ... a low USD might stifle imports but it boosts export sales. There are whole export industries in the US benefitting from the low dollar.

Conversely, when the USD was high, exports were much lower and imports were high.

I still remember the 1980ies, when 1 USD was 4 DM (2 Euro) ... everything imported from the US was horribly expensive. Apple computers for instance were so expensive, Apple had not the slightest chance against companies like Commodore or Atari that targeted world-wide markets. I still remember the VIC-20 cost only 800 DM ($200), while an Apple II was at least 3200 DM ($800). Pretty much unaffordable.

Nowadays, the low dollar enables export sales that haven't existed decades ago.

If the USA would see that as an opportunity instead of a threat, and create more export-centric industries, focusing more on exports than the domestic market, the US economy would rise sky-high again.

Countries like Germany live mainly on exports.
 
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