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I spoke w/ David Lin about China’s control over replacing US munitions: "The US weapons cupboard is bare. Restocking these weapons requires many critical materials, & 95% of those materials come from China. To replenish US munitions, the US needs permission from Xi Jinping."

Steve Hanke

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16,398 Aufrufe • vor 4 Monaten •via X (Twitter)

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Cluster munitions are brutal, inhumane weapons that cause lasting harm to civilians. The US is a part of the Convention on Cluster Munitions banning the use, production, transfer, and stockpiling of these weapons. Sending them to Ukraine is a clear escalation. What’s next? Chemical or biological weapons, nuclear weapons?

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US President Donald Trump described his country’s relationship with China as ‘one of the most consequential’, in a state banquet speech on the first day of his visit to Beijing. Chinese leader Xi Jinping also spoke about the importance of US-China ties.

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Remembering the 1977 mystery of six minute TV broadcast from aliens warning about nuclear weapons. This event remains unsolved. The extraordinary 1977 warning about nuclear weapons was dismissed as a hoax – but is there more to it? Or, of course, it’s possible that Vrillon really is out there, watching over us and waiting for us to give up our nuclear weapons so they can welcome us into an interplanetary community.

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🤡 US war machine runs into tungsten shortage — reports The US is burning through Tomahawk, Patriot and Precision Strike missiles in the Iran war it started — but replacing them requires tungsten, a key military metal dominated by China, American media reported. ❌ The US has had no active commercial tungsten mines since 2015, while China produces over 80% of the world’s supply. ⏳ Restoring key US munitions to prewar levels could take up to four years, according to a CSIS adviser. 👏 US strategic planning: one war ahead, zero supply chains behind.

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Venezuela was to diversify away from Canada for the oil. Greenland is to diversify away from China for critical earth minerals. Stocks will crash on Tuesday. The EU is taking a coordinated stance against the US attempt to annex Greenland. Trump says it’s for security. But the US wants it for critical earth minerals. Trump tried to tariff China 100% & they blocked all critical minerals exports to the US. The US needs these minerals for military & AI. Without them, they lose their dominance. So the US backed down on the 100% tariffs. Currently, China controls roughly 90% of the world's rare earth minerals. Greenland, has a vast amount of critical earth mineral deposits throughout the country. Trump is using economic force, to annex Greenland, for the resource needs of the US.

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My take on Wealthion on the PIVOT AWAY FROM THE US: "Over the last two years, the international perception of the US has fallen from +22% to -11%. Where's China? It's +7%. Internationally, people are pivoting AWAY from the US & pivoting TOWARDS China."

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