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China devises plan to keep US military from getting its rare-earth magnets, WSJ reports (www.reuters.com)

submitted 3 months ago by yogthos@lemmygrad.ml to c/worldnews@lemmygrad.ml

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[–] Lenins_Dumbbell@lemmygrad.ml 6 points 3 months ago (1 children)

I feel like it's too late for that. The US is not an industrial powerhouse. Even if it manages to get it's shit together, it's financial systems have reached a complete breaking point. They can't support an MIC once people start breaking things

[–] mute_compulsion@lemmygrad.ml 6 points 3 months ago

Yep, true. And at the same time, outsourcing has done so much damage to their manufacturing industry that to save it, several costly interventions would be needed - while they are instead betting all financial injections on AI.

Goated strat from the world's most enthusiastic cokeheads.