So, the USA and its allies can continue with the rhetorics and the fairy tale. It goes nowhere and fools no one. China will just let the roosters crow standing on the heap of cow dungs. Cow dungs are a dime a dozen in India by the way and there is another good use for it.
By the way, Trump said that by this year or next, the USA would have so much rare earth dirt that it does not know what to do with it. He is right, because piling up the dirt is one thing but getting to the bottom of what to do with it to extract the essential elements is another. So, why is there a need to source for rare earth in space, I wonder? The man can coax a bird down from a tree but has no idea how rare earth ores are going to become useful magnets. A pile of dirt is a pile of dirt. What China has achieved is there for all to see. What USA achieved is all only apparent on twits.
Now we are seeing desperation all around, with Japan and India talking about cooperating in rare earth procurement and processing to counter China's dominance, after the recent sanctions by China. The Japanese Yen just collapsed to 162 yen to the US$, really reaching for the banana note status that we are familiar with. Oil imports for Japan are going to be highly expensive, and manufacturing cost are going to soar for Japanese products. This is bad for Japan. Japanese living standards are going to be a pain, but they will continue to have to bear the misery.
One warning though for China. A desperate Japan is dangerous. The USA found out the hard way. China should watch the Japs closely. They are militarizing and have ulterior motives for doing that.
Anonymous
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