Or punitive tariffs and Gold vs. wrong. Rare earth
As we remember China was in October 2009, a delivery gold bars from the U.S.. I already reported about it in one of my articles from last month: "Uncle Ben's gold shit from the USA". Gold is the preferred means of payment, the balance of trade between China and the U.S. balance. In the analysis of gold turned out that the bars not made of gold, but were made of tungsten with a thin layer of gold. Now you should not play a false game with his best trading partners, especially not when you're depending on him, for something like this could take revenge at some point. In July 2010 the time had come, China was not part of the West appear to be chasing the top scorers Boxhorn and discount this year the worldwide export of "rare earth" by over 70%! We "Better Wessis" enrich us have long been in the bloody, self-operated by China, the exploitation of young Chinese worker, under the worst conditions his hard day's work has to perform. All because we want to produce products as cheaply as possible in China to sell off later with maximum profit at home! In the same breath condemn our politicians are human rights abuses and environmental destruction in China, which they themselves co-responsible for their irresponsible policies. The heavily indebted Western nations China and share with demands for currency appreciation pressure and blame they additionally our economy at risk. We destroy ourselves but our industry as we sell our own blast furnaces to China and shift all production to China. After we wonder then that the Chinese men our blast furnaces produce more steel than we are and all that at a much lower price. After this disastrous economic policies of our politicians and corporations will match even a lament about China's steel monopoly on ... something idiotic is hardly bearable! The same is true with the above-mentioned, little known but very important "rare earth"! These are inter alia, the elements scandium (atomic number 21), yttrium (39) and lanthanum (57) and the 14 following lanthanum elements, Lanthanides: Ce (58), praseodymium (59), neodymium (60) Promethium (61), samarium (62), europium (63), gadolinium (64), terbium (65), dysprosium (66), holmium (67), erbium (68) Thulium (69), ytterbium (70) and lutetium (71). China is the world's largest exporter of rare earths, which are used in high technology industries for the production of mobile phones, hard drives, electric vehicles, catalysts, flat panel displays and computers, as well as in laser technology or wind turbines. Even all the Western defense industries are dependent on these raw materials from China. 97 percent of the rare earth belongs to the world market now in China for the world community to maximize profits preferred to close their mines and lay off their workers, then the sought-after raw materials purchasing prices in China. Now seems to present this blatant misconduct his account ... the whole world is now dependent upon China, and therefore the Chinese dragon is now on the train and driven by raw material control as desired the Western economy. Do not forget any of our arrogant pretensions and frauds, including the false gold, unfair ratings, junk bonds and U.S. punitive tariffs not. How dependent are we all of those particular commodities in China shows the following ....
ZDF Report
The dependence of Germany as of rare earth is so large, the Federal Minister Rainer Brüderle (FDP) requires even a world commodity cartel against China! A reactivated the western mines for "rare earth" will take decades, however, so it is currently at an impasse and is the smile of the Middle Kingdom once delivered to verdeih and spoilage. This is with the Chinese food is good but not Cherry could feel the end of September as the Japanese on their own bodies. After the captain of a Chinese fishing boat rammed into Japanese territorial waters near the disputed Senkaku Islands, the Japanese Coast Guard and was arrested by the Japanese authorities point out that the Chinese authorities immediately issued an export ban on a number of metals to Japan. These metals belong to the group of rare earths and for Japan's high-tech industry tremendously important. No wonder the Chinese captain was released the next day. But this diplomatic insult is just the tip of the iceberg, China is about the reduction of the rare earths, a high technology monopoly gain too, as the West previously managed a revenue-producing monopoly shall be established, but two wrongs still not right, even if We are in this situation blame themselves. If we had while treated the Chinese in the past access this vengeance spared us with security. The way it is again: "An eye for an eye tooth for a tooth!" But if we have law and justice defend with everything we have, then
is much better in the world, because: "As man is in its completion, the noblest of all creatures, he is torn between law and justice, the worst of all." (Aristotle) In this sense ... Good night and sleep well.
Greetings
your Micha
Sources:
mirror - commodity cartel against China
TAZ - trade dispute over rare earth
Tagesspiegel - The Chinese oil
Heise online - trade war over rare earth
0 comments:
Post a Comment