... Do you have a source for that, because it kinda seems like you made it up.
orange_squeezer
joined 2 weeks ago
Feels like the first piece of good news I've read in days.
Less than twenty years after the Catholic church formed "rat lines" to smuggle Nazis to South America to protect them from prosecution for their crimes against humanity.
This is the funniest thing I've read all day. Just the fact that you think companies will just swallow lost profits instead of bleeding actual customers (that being you and me) dry.
China is the world's second largest economy and they make all their own stuff. The entire US market is only 15% of their exports. That, with a centrally managed economy means that they can easily ride out the trade war while the US burns to the ground.
There is, but it's basically made up to support the notion that it's very difficult to stay rich. It's actually very rare for subsequent generations to lose inherited wealth, it just gets partitioned out so there are dozens or hundreds of rich people instead of one disgustingly wealthy individual.
Similar to lottery winners losing everything, it makes a much bigger headline when one loses everything despite it being incredibly uncommon.
Probably not, because they aren't soldiers. Private military contractors and random citizens can be found fighting all over the world. If China's military got involved in Ukraine it would be an enormous geopolitical issue that would be akin to shooting itself in the face for an unreliable partner.
Yeah, I excitedly checked out the environmental, non-google, private search engine I'd never heard of, only to discover that Ecosia "only" shares all your data with Google and Microsoft Bing, as it uses their search engines and ad services. They do plant trees, but, their website doesn't even pretend to be interested in privacy or avoiding Google.
No idea what that walnut is smoking.
Alright, but that's not what the article says. I even went back and the read the first of the three-parter, where the businesses they interviewed confidently stated
The closest thing to what you claimed was a snippet from the 100-day government review stating that “China does not operate on market principles of cost or pricing structure.” According to your own source, they never drove anyone out of business or sold at loss, they just happened to be the first to invest in rare earth production and processing, and nobody else wanted to build the facilities for it. At worst they provided subsidies, just like the US which also ignored market principles of cost or pricing structure, and allocated 400 million (Defense Production Act) to develop local mines and refineries.
More than anything your article series blames a 1980 government regulation that requires US mines to seal mine leavings or risk liability for mishandling thorium.