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Ola Palooza
Asianometry
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Comments by "Ola Palooza" (@1001Balance) on "Asianometry" channel.
Thing is that mining is an extremely polluting business which is but one reason why for instance Europe imports them. It does not mean there are no deposits. The recent discovery of the Kiruna belt, but also deep sea mining will be explored in case China shuts the door.
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If TSMC leaves Taiwan, China will also be less inclined to invade.
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Sure the Chinese products will be cheaper than the American or European ones. But if these markets shut the door for Chinese products or tax them equivalent to Chinese taxes on rare earth metals, nobody wins and global warming will continue to accelerate. Bottomline, only trade can help us all progress.
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