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Privatizing the US national helium reserve. Gonna laugh when in a few years the government of another nation ends up owning it. Helium is dwindling finite resource that key technological infrastructure relies upon.

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[-] DefinitelyNotAPhone@hexbear.net 99 points 5 months ago

Just tearing the copper wires out of the walls without a shred of irony at this point.

[-] davel@hexbear.net 75 points 5 months ago

Nobody left to neocolonize but ourselves I guess.

[-] Tachanka@hexbear.net 56 points 5 months ago

someone once said that fascism is when the colonial methods of oppression are brought home to the imperial core

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[-] Dirt_Owl@hexbear.net 98 points 5 months ago* (last edited 5 months ago)

Can't wait for all that finite, medically important helium to be wasted on sellng party balloons.

Capitalism is so rational

[-] Aryuproudomenowdaddy@hexbear.net 51 points 5 months ago

Think of those quarterly profits though Jack biden-troll

[-] quarrk@hexbear.net 37 points 5 months ago

The free market has spoken and found party balloons to maximize utility

[-] RyanGosling@hexbear.net 77 points 5 months ago

Gonna laugh when in a few years the government of another nation ends up owning it.

https://www.npr.org/2022/08/03/1114964240/new-battery-technology-china-vanadium

A bunch of scrappy engineers made a next generation battery and sold the technology to the US government

The government never bothered to manufacture anything. Instead they sold everything to China and now they’re already releasing public versions of the batteries. Now the US doesn’t have any knowledge on the batteries or even the factories to build them

[-] tripartitegraph@hexbear.net 42 points 5 months ago

the US doesn’t have any knowledge on the batteries or even the factories to build them

hilariously based

[-] Assian_Candor@hexbear.net 33 points 5 months ago

The story is a trip

Every dumb and evil thing in amerikkka can ultimately be traced back to capitalist greed

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[-] mushroom@hexbear.net 39 points 5 months ago* (last edited 5 months ago)

[Lead Scientist Gary Yang] soon ran into trouble. He said he couldn't persuade any U.S. investors to come aboard.

"I talked to almost all major investment banks; none of them (wanted to) invest in batteries," Yang said in an interview, adding that the banks wanted a return on their investments faster than the batteries would turn a profit.

Yang acknowledges that he wanted his U.S. engineers to work in China. But he says it was because he thought Rongke Power could help teach them critical skills.

He said he wanted to manufacture the entire battery in the U.S., but that the U.S. does not have the supply chain he required. He said China is more advanced when it comes to manufacturing and engineering utility-scale batteries.

"In this field — manufacturing, engineering — China is ahead of the U.S.," Yang said. "Many wouldn't believe [it]."

[-] invo_rt@hexbear.net 30 points 5 months ago

Many such cases xi-cooking

[-] alcoholicorn@hexbear.net 67 points 5 months ago* (last edited 5 months ago)

Helium is technically finite, but it's really a byproduct of natural gas extraction. Most natural gas operations don't bother to even harvest the helium.

[-] barrbaric@hexbear.net 64 points 5 months ago

Holy shit, why would you do this. Neoliberals are the stupidest people on the planet. "Oh well we have to sell it off because it's not profitable enough!" sure am glad this won't cause the price of helium to surge resulting in a hike in MRI costs.

[-] JuryNullification@hexbear.net 52 points 5 months ago

Get ready for helium in everything for like three years and then it’s all gone. No more floaty balloons ever again.

[-] RedDawn@hexbear.net 33 points 5 months ago

We can always use hydrogen for the floaty balloons. Double as fireworks!

[-] shath@hexbear.net 51 points 5 months ago

joe biden with the highest voice you've ever heard

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[-] absolutefuckinidiot@lemmygrad.ml 51 points 5 months ago

This has similar vibes to being an addict and selling your playstation or couch to buy drugs, but at least drugs are fun where is this is just being done to accumulate more capital for a dozen crusty old fucks

[-] TheGenderWitch@hexbear.net 45 points 5 months ago

capitalists are the stupidest fucking people on earth

[-] Hexbear2@hexbear.net 45 points 5 months ago

This shit is a crime against the people and in a civilized country, these fuckers would be sent to a gulag for 20 years, then the people would seize the helium back.

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[-] FuckyWucky@hexbear.net 41 points 5 months ago
[-] blobjim@hexbear.net 60 points 5 months ago* (last edited 5 months ago)

The article says it will probably owned by a German company, Messer Group. Germany and helium... 🤔

During the Nazi era, the Messer-led company benefited considerably from the regime's arms production, employed forced laborers and was a supplier for the V2 production and the Wehrmacht.[1] In the denazification process, Messer, who had been a member of the since 1933, was classified as a follower in 1948

oh, right.

https://de.wikipedia.org/wiki/Adolf_Messer

Also, can't wait for this to make people's medical treatment even more expensive! Exciting times! Thanks Joe Biden!

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[-] gaycomputeruser@hexbear.net 37 points 5 months ago

Can't wait to listen to all my analytical chemistry friends complain about how helium is too expensive and how they have to design new procedures.

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[-] CyborgMarx@hexbear.net 32 points 5 months ago
[-] alcoholicorn@hexbear.net 31 points 5 months ago

Looks like we're already out, bought a "helium-filled" HDD and it doesn't even float.

[-] motherofmonsters@hexbear.net 27 points 5 months ago

When I looked into this a couple years ago, my understanding was that yes, the supply is finite, but the amount we have in storage is a lot and we slowing mining operations because we have enough on reserve for a while.

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this post was submitted on 26 Jan 2024
189 points (100.0% liked)

chapotraphouse

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