[AnotherUnixGeek]

China's monopoly on the global supply of elements critical for production of computer hard disc drives, hybrid-electric cars, military weapons, and other key products — and its increasingly strict limits on exports — is setting the stage for a crisis in the United States.

It should be setting the stage for renewed mining in the US. It's not like every industrially desirable mineral can only be found in the magic land of China - they're simply willing to go mine it, while we buy ours on the international market because our environmentalists and their lawyers get the vapors every time we try to exploit our own natural resources.

[ding_dong_daddy_from_dumas]

It should be setting the stage for renewed mining in the US. It's not like every industrially desirable mineral can only be found in the magic land of China - they're simply willing to go mine it, while we buy ours on the international market because our environmentalists and their lawyers get the vapors every time we try to exploit our own natural resources.

It's worse than that. China is set to take advantage of future mineral discoveries in Africa, using Chinese immigrants to prepare for political and economic leverage, and huge csah reserves to buy up key industries. Meanwhile, we are spending our borrowed money on big government and bailouts.