Comments by "serafina costa" (@serafinacosta7118) on "Chile Plans to Nationalize Its Lithium Industry || Peter Zeihan" video.
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Brings back 1973. Back then , the coup was all about Allende nationalizing the copper mines. Which Americans were none too happy to hear.Hence Pinochet taking over.
They had jets over La Moneda and tanks in front of it, ready to blast Allende.
The irony of it all, not long after in power , Pinochet decreed that Lithium , then not a hot commodity as today , was meant to be classified as a national resource ( I heard it had to do with Chile’s nuclear program , I could be wrong ) , and therefore could not be mined without approval from the State.
Fast forward to Gabriel Boric , a former leftist student activist , who nationalized Lithium mining to allow State control of mining concessions. And BYD is under agreement to setup lithium processing , and perhaps battery production.
If those are not a string on unintended consequences , I don’t know what it is. And Kissinger being alive to see it all makes it more than worth savoring.
That is the part Peter Zeihan leaves out. He avoids getting into controversy , which is understandable. Getting clarity on what goes on and avoiding politicizing makes for a clean analysis. Good short take Peter.
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