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[DT] China Cuts Off World's Rare Earth Metal Supply - Page 7

post #61 of 102
Quote:
Originally Posted by PoopaScoopa View Post
China is also going to build their own space station... Another cold war in 10 years?
How can the US have a Cold War against a country that is a creditor to the US? US owes a bunch of money to capitalist China.
post #62 of 102
Smart move, if the world is going to run you dry of rare earth metals at least run it out with a good price tag.

Quote:
Originally Posted by PoopaScoopa View Post
China is also going to build their own space station... Another cold war in 10 years?
Cold War never ended, only the adversary changed.
 
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post #63 of 102
Lol, this is what happens when you rely on China..like they didn't see this coming? When they are producing majority of the worlds electronics...a light didnt go off in their head at any point?
    
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post #64 of 102
Quote:
Originally Posted by Shogon View Post
China will only last so long.
At this rate, they'll easily outlive the US from the looks of it
    
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post #65 of 102
Quote:
Originally Posted by Neroh View Post
Everybody is to dependent on each other in this day and age. China needs people to buy their ****, and the US is one of their biggest customers.

The world is alot different to how it was back in the 30s. If war is to happen it'll be nothing like it was back then where everybody blows the **** out of everybody.
The reason stuff from China cheap is because they manipulate the currency, Chinese dollar pegged to US dollar. If China stops accepting/drops the US dollar then prices for Americans would increase (probably skyrocket) and the Yuan would gain purchasing people.

You may think so what?

Well China has 4x the people of the USA and their Middle Class is growing. A stronger Yuan would allow the Chinese to buy more of what they make which would easily cancel what the US buys. This and the fact that would mean more demand on certain items.

The thing that scares me the most is if the Chinese demand for oil starts growing.
    
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post #66 of 102
bamks have been robbing everybody since the early 1900s
 
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post #67 of 102
Yeah... I already knew this was going to happen it was just a matter of time...
post #68 of 102
Quote:
Originally Posted by Winty View Post
Maybe now we won't see "Made in China" stickers all the time, and instead see "Made in U.S.A"
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post #69 of 102
Quote:
Originally Posted by JMCB View Post
I think America should just threaten to not pay off it's debt to China.
I wasnt aware that we were ever going to pay it off anyway. Were barely making the interest payments as it is. Our nations credit rating was actually lowered not long ago.
    
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post #70 of 102
If it wasn't for labor laws we wouldn't have the huge problem with all these imports. They will work for almost nothing and even with the shipping costs things are still much cheaper. Here you have to hire illegally for people to even take minimum wage.

Hell throughout high school I was making $12/hr and so far in college I've been making $15/hr (8.25 minimum here) Labor is just too expensive. Mind you I was getting paid part time which is lower than what I would be paid if I worked full time.
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