Global Panic Spreads - Joe Blogs

[TexasTowelie]

In this video I talk about PANIC that has started in the automotive sector as a result of the restriction in supply of rare earth magnets from China. These magnets are in a wide variety of applications in vehicles and are therefore critical to the production process. China controls 90% of the global market and in response to the trade war with the USA has restricted supply. These magnets are also used in various other industries such as defense and energy and this issue has the potential to cause chaos for the Global Economy in 2025.

Chapters:
0:00 Intro
1:43 RARE EARTH MAGNETS
7:32 LETTER TO TRUMP
11:04 SUMMARY & CONCLUSION

[Warpy]

1. King Bloat will have us all going back to Tin Lizzies if he's not stopped

but car manufacturers might do better tocurtail some of the unnecessary crap they put into cars to make Daddyrabbit think he's sitting in a jet cockpit instead of piloting the family bus.

Then again, I'm a Luddite who drove wrecks and never minded crank windows, keyed entry, and stick shifts.

[slightlv]

2. I'm a Luddite just like you in this manner...

and in a few others, I'm afraid. I know each generation says it, but this newest generation of "stuff" is less about saving time as it is about advancing personal politics. Technology as politics. Damn!