this post was submitted on 20 Oct 2026
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[โ€“] dessalines@lemmy.ml 8 points 1 hour ago* (last edited 1 hour ago) (1 children)

These rare-earths embargos are going to cause so many shakeups of western-aligned governments, alienating their domestic capitalists from the pro-US ruling parties.

The US cannot transmute USD into rare-earth minerals, and these countries are going to have to come down from the clouds to reality, and either pick China over the US, or accept ruin of their economies.

[โ€“] yogthos@lemmy.ml 3 points 1 hour ago

Exactly, China controls the material base and the Americans can't money print their way out of this.