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0 sats \ 0 replies \ @Solomonsatoshi 6h \ on: Economics and the Infantilization of Culture econ
China has won the trade war.
USA does not have the rare earths to maintain its military industrial combine.
China has USA over a barrel because the Chinese planned their economy with regard to capturing strategic supply chains.
It is not economic for private capital to invest in rare earths refining- it was only because the Chinese government directed capital investment into this strategic supply chain that China now holds US military industrial combine and its global hegemony over a barrel.
The arrogance and ignorance of US Exceptionalism is the pride that comes before the fall of a once great empire.