Comments by "Theodore Shulman" (@ColonelFredPuntridge) on "Sweden's (Not So) Rare Earth Metals" video.
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TWO criticisms (I'm sure you won't mind):
1. Rare earths are common, and present in waste from other mines, but not very densely so. Deposits dense enough to be useful are unusual and important.
2. The fact that China has gained control of the industry by subsidizing it so that rare earths are cheaper, doesn't really help us all that much. What I mean is, history is full of situations where making something cheaper makes society more dependent on it even though the guys who make it cheaper are doing us a favor, not hurting us, by doing so. Your argument about this is like saying if the car companies stopped making cars (or started overcharging us for them) we could just go back to using horses and make the car companies back down. OR, like saying if the makers of laparoscopic surgical instruments went on strike, we could just go back to doing heart surgery by cutting people's chests open and breaking their ribs. Sure, we didn't lose anything when the laparoscopic instruments came out, but we would still lose a lot if they were taken away now. Returning to a previous status quo can be much more painful than never having left it would be.
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