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The USA knew they had a dependence on China for rare metals for about 15 years, yet they didn’t do anything about it. What gives? The metals aren’t that rare, w
by seanmcdirmid 1y ago
The USA knew they had a dependence on China for rare metals for about 15 years, yet they didn’t do anything about it. What gives? The metals aren’t that rare, we just fell behind on refining technology or maybe the Chinese cheated a bit on environmental curbs, but that really doesn’t excuse the USA from basically doing nothing at all.
- bix6 1y agoEconomics. We only do software and services now. 40%+ of VC funding is enterprise software… “some of the elements are so niche that they can’t be economically produced in the West”