China plans to ban exports of rare earth magnet tech • Hacker News Board

Re: China plans to ban exports of rare earth magnet tech

#581

Post by dragonwriter » Thu, Apr 06, 2023, 10:50 PM UTC

zapdrive wrote: post #580

rnk wrote: post #430

Earlier quoted context omitted.

I haven't heard any republicans upset about the indictment claim that Trump would never do such a thing as bribe someone to keep quiet and then file deliberately misleading tax reports, and lie on his taxes. Everyone, even his supporters thinks he does things like that. So mull that over. They are just mad it was brought to a court of law. I do wish the more serious charges had been filed first. The reason it was unp…

> and then on top of all the other things organized a rebellion against the next president's election. That is not what Trump was indicted for. It's like saying my neighbour should be fined for throwing trash in his yard because he killed his wife. Both things are totally unrelated. > The reason it was unprecedented was because previous presidents hadn't committed crimes like that Almost every presidential campaign (…

> But again, Trump is not being indicted for giving money to Daniels from campain funds (which is totally legal, believe it or not!)

Well, it would be legal if properly reported in campaign expenditure diaclosures, but... that kind of defeats the purpose of hush money payments to accurately and publicly disclose the amount, recipient, and purpose.

So, to make hush money from campaign funds work, you have to break the law, too.

Re: China plans to ban exports of rare earth magnet tech

#582

Post by t-3 » Thu, Apr 06, 2023, 11:02 PM UTC

SkyMarshal wrote: post #460

snehk wrote: post #401

Earlier quoted context omitted.

The reason why the US doesn't like China is because the US dislikes the idea of being the #2 economy and losing control. The US has absolutely no "morals" so to say and is allied with/provides literal military support to about 70% of dictatorships[1]. The US simply acts out of national interests, not morals. History proves this. I'm baffled by how many Americans repeat state propaganda points. [1] https://truthout.or…

> The reason why the US doesn't like China is because the US dislikes the idea of being the #2 economy and losing control. This comment gets thrown around a lot but oversimplifies things. First, in the 90s, 2000s, and some of the 2010s ‘the US’ was China’s biggest cheerleader, investor, and supporter. Most US elites knew China would eventually become a bigger economy due to their 4x larger population, and were ok wit…

> rules-based order

What rules are those?

Re: China plans to ban exports of rare earth magnet tech

#583

Post by Herval_freire » Thu, Apr 06, 2023, 11:27 PM UTC

foverzar wrote: post #562

borissk wrote: post #442

Earlier quoted context omitted.

Obviously you haven't lived in a dictatorship. Spend a few years in Russia or China or Turkey or Iran and then come back with your hypothesis about the raw truth.

Have you? Honestly, pompous "democracies" aren't fundamentally different to the rest of the world, when you start actually experiencing the day to day living. There are lots of "dictatorships" where living is better then in lots of other "democracies", but this is not something you'll figure out from your internet feed, you really have to actually travel.

Exactly. The answer is not so clear cut black and white. Centralized governments tend to be more efficient but lack the checks and balances of a democracy. Singapore, for example, is a good showcase for centralized government.

Re: China plans to ban exports of rare earth magnet tech

#584

Post by HyperSane » Thu, Apr 06, 2023, 11:41 PM UTC

herbst wrote: post #464

HyperSane wrote: post #328

Earlier quoted context omitted.

Are you aware of just how strong the US dollar is right now?

It depends on how you look at it. But I am getting less and less CHF for the dollars I am earning and this is going on since Trump. From my POV dollar is losing value nearly the same rate as the euro.

What can realistically replace the dollar as the global reserve currency?

Re: China plans to ban exports of rare earth magnet tech

#585

Post by HyperSane » Thu, Apr 06, 2023, 11:41 PM UTC

DiogenesKynikos wrote: post #575

botanical wrote: post #541

Earlier quoted context omitted.

That invasion was "war"; which I am and was against. The Chinese government is repressing their own citizens. So why downplay the subjugation and genocide of the Uyghurs? (And I'm not American)

The "Uyghur genocide" has a death toll of zero, even according to the people calling it a "genocide." Words like "genocide" shouldn't be thrown around in bad faith. I don't know what's more incredible: that anyone actually bought the "genocide" allegations, or how quickly the media has forgotten about it and moved on to the next hot-button China issue, Taiwan.

Modern definition of genocide include intentional destruction of culture, which is exactly what the Chinese are doing.

Re: China plans to ban exports of rare earth magnet tech

#586

Post by Herval_freire » Fri, Apr 07, 2023, 12:04 AM UTC

zirgs wrote: post #572

Herval_freire wrote: post #361

Earlier quoted context omitted.

[flagged]

The USA also got rid of Trump peacefully. The Belarussians tried to get rid of Lukashenko and failed. And now their territory is being used to commit war crimes against Ukrainian civilians. In democracies voters can fix their mistakes without risking their life and freedom.

Yes agreed. That's a huge benefit. But it also comes with a downside. The fix for the mistake can immediately by unfixed in a subsequent election.

Re: China plans to ban exports of rare earth magnet tech

#587

Post by SkyMarshal » Fri, Apr 07, 2023, 12:13 AM UTC

Emma_Goldman wrote: post #482

SkyMarshal wrote: post #460

Earlier quoted context omitted.

> The reason why the US doesn't like China is because the US dislikes the idea of being the #2 economy and losing control. This comment gets thrown around a lot but oversimplifies things. First, in the 90s, 2000s, and some of the 2010s ‘the US’ was China’s biggest cheerleader, investor, and supporter. Most US elites knew China would eventually become a bigger economy due to their 4x larger population, and were ok wit…

>"Second, sure the US doesn’t want to lose control of the mostly peaceful, prosperous, and free rules-based order it created after the disastrous first half of the 20th century. And rightly so." Which has been the justification every hegemonic power has offered when working to undermine a rising power. Whose rules are they, and who do they benefit? Who has most egregiously exempted themselves from the rules without c…

> Whose rules are they, and who do they benefit?

Ask what’s left of the US middle class that, then ask the new Chinese middle class the same question. In terms of pure quantity of people benefiting, China wins - beneficiaries were hundreds of millions of Chinese who rose out of poverty, the capital owners in both China and US, and the CCP. Losers were the US middle class, which was one of the main reasons for the rise of Trump, and the US political system as a result of that.

Re: China plans to ban exports of rare earth magnet tech

#588

Post by vjulian » Fri, Apr 07, 2023, 1:38 AM UTC

SV_BubbleTime wrote: post #558

data-abuse wrote: post #509

Earlier quoted context omitted.

This is close, but the specific verbiage that US leaders hoped for is that China would liberalize and transition to a democracy. In the 2010s, it became clear it wouldn't happen when Xi stepped into the position that he is in today. The US likes dealing with democracies because the US has so much know how in how to influence elections. The government and CIA has a long history of meddling in elections to get the outc…

>The US likes dealing with democracies because the US has so much know how in how to influence elections. The government and CIA has a long history of meddling in elections to get the outcome that is most beneficial for the US. Foreign elections only though. They would never steer or nudge the people here that would end up being their supervisors. We know that doesn't happen.

Your comment is sarcasm, right?

Re: China plans to ban exports of rare earth magnet tech

#589

Post by Retric » Fri, Apr 07, 2023, 2:40 AM UTC

Retric wrote: post #556

WillPostForFood wrote: post #379

Earlier quoted context omitted.

We get ~12% of our oil from the middle east which is consequential but not what I meant. You'll note that after Biden called Saudi Arabia a Pariah state, he was forced to reverse course and head over, hat in hand, and beg for more production. Not because of the 12% (or 10% or 8%), we directly consume, but because of the impact on inflation and the world economy. So yes, we are beholden to middle east oil, not because…

It’s 2.6% not 12%. https://www.eia.gov/energyexplained/oil-and-petroleum-produc... “About 9% of U.S. total petroleum imports and 9% of U.S. crude oil imports were from Persian Gulf countries in 2021.” However the US produces 20 Billion barrels of oil vs 8 Billion barrels of imports. So that 9% is really 9% * (8B / (8B + 20B)) = 2.6% of the US’s total oil supply. Further that 8 Billion barrels of imports almost exactl…

“About 8% of U.S. total petroleum imports and 9% of U.S. crude oil imports were from Persian Gulf countries in 2021.”

Accidentally mangled the quote while cutting and pasting.

Re: China plans to ban exports of rare earth magnet tech

#590

Post by lazyeye » Fri, Apr 07, 2023, 3:00 AM UTC

snehk wrote: post #401

jacquesm wrote: post #230

In a way this is good news. The more China overplays its hand in this undeclared economic war the more likely that Western countries will realize that they are making the exact same mistake with China that they have made with Russia. You can't play nice with dictatorships in the hope that your long term economic interests will be aligned to the point that the other party will be forced to continue to play nice. China…

The reason why the US doesn't like China is because the US dislikes the idea of being the #2 economy and losing control. The US has absolutely no "morals" so to say and is allied with/provides literal military support to about 70% of dictatorships[1]. The US simply acts out of national interests, not morals. History proves this. I'm baffled by how many Americans repeat state propaganda points. [1] https://truthout.or…

I wonder what the long-term impact is going to be of allowing advocates for foreign powers to fully participate in Western conversations, whilst not even Chinese citizens (let alone foreigners) can advocate against their own govt in China.