Quote Originally Posted by gaelic cowboy View Post
It's both sides obviously Liberal/Conservative an Left/Right there all guilty of being short sighted.

The pro-enviroment side would have us dependent through the materials to produce renewable energy and the drill baby drill side would still have us dependent through conversion of the oil to electricity.

Unbelievable think about what the "West" is collectively doing to itself here on the one side we have politicians who tell us to move up the value ladder to compete with China but on the other side the very equipment we would need to add value will be tightly controlled by China.

@ Furunculus I changed the start of my earlier post felt it was not necessary to give the impression of a personal attack on you.
cheers, agreed.

though the worldwide rare-earths industry is still only worth a billion or two per annum, and while that will increase it is reckoned that most countries/industries have strategic reserves that could last for years yet, so armageddon scenarios for western wealth generation are a little wide of the mark.