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I wonder if their economy has an impact on the price of lithium and whether or not this was made on purpose to counter China's plan, if so, then by whom and how
by WhereIsTheTruth 3y ago
I wonder if their economy has an impact on the price of lithium and whether or not this was made on purpose to counter China's plan, if so, then by whom and how?
I still find it hard to believe that they reached triple digit inflation, especially now that COVID is in the past..
That reminds me of DRC Congo, lot of gold, yet a very poor country, at the mercy of foreign interests
- boeingUH60 3y ago> That reminds me of RDC Congo, lot of gold, yet a very poor country, at the mercy of foreign interests. No, at the mercy of inept and foolish local politicians that foreign interests take advantage of.
- 20after4 3y agoAccording to [1] they may be not so much inept as heavily coerced under threat of violence. [1]. Confessions of an Economic Hit Man by John Perkins https://en.wikipedia.org/wiki/Confessions_of_an_Economic_Hit_Man https://en.wikipedia.org/wiki/Confessions_of_an_Economic_Hit...
- WhereIsTheTruth 3y agoThat's true, that's perhaps what I should have wrote
- jeromegv 3y agoInflation has been going on for decades way before lithium was a factor. Covid is not what caused it.
- baremetal 3y agoInflation has run at ~2-3% since the 1990's.[1] And according to that chart, inflation took off in 2020. You might want to check your reasoning on this issue. [1]https://fred.stlouisfed.org/series/FPCPITOTLZGUSA https://fred.stlouisfed.org/series/FPCPITOTLZGUSA
- TheGigaChad 3y ago[dead]