this post was submitted on 15 Apr 2025
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Everyone is somehow missing China cutting off rare earth metals the US relies on for technology and defense
It wasn't just stopping exports to the US, they've stopped exporting rare earth elements worldwide starting yesterday. Plus, they are starting to unload billion of debt we owe them. It's almost as if Trump is intentionally trying to destroy our country in the morning, and then later in the day he wants to be the bully negotiator without understanding his precarious position.
You remember r/shitamericanssay? Last time he won, there were a lot of people talking about stuff Europe has but America doesn't, and, if you browse the posts there, a lot of Americans responding how Europe is backwards, in the stone age, and what they do have is paid for by America, out of benevolence.
Well, those folks are in charge now.
There wouldn't be much point merely stopping export to the US because some other country could just on-sell to the US.
He really doesn't understand his precarious position and the harm he has done and is doing.
That's gonna tank the dollar hard
Yeah USD is down 3% for the week. 8 for the year
This is how the CoD storyline started.
I think the story here will go very differently now that the US army can't ensure it's exclusively pro-US.
I'm realizing the structure of our supply chains is not common knowledge at all. Basically everything has a part from China. That and plastic.
Canada didn't. It'd be a primary reason for the US to go stupid and try invading us, we're a much closer source of rare earths.
Australia is the only other major exporter, apart from China, at 15% of global supply. I have never heard of Canada producing significant quantites?
Lot of discovery going on but not a lot of production yet but is estimated to be done of the largest reserves globally. The fact the minerals are here gives these idiots one more reason tokeep pushing this 51st rhetoric.
https://natural-resources.canada.ca/minerals-mining/mining-data-statistics-analysis/minerals-metals-facts/rare-earth-elements-facts
Oooo that's good to know