Oops.

The Fed is spending billions on promoting technology that requires an ever-increasing access to rare earths. “Green” industries, very important, support them or be mocked by Jon Stewart.

But apparently China has a near-monoply on super-heavy dirt. And now China is reducing exports.

As the metals analyst asks,

“Why convert our economy so that we are dependent on a set of commodities over which we have no control?”

I think that’s a very good question. You?

About wormme

I've accepted that all of you are socially superior to me. But no pretending that any of you are rational.
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