Thursday, December 30, 2010

China cuts rare earth quota

Folks, this is very grim news. Well, guess what, china cuts rare earth quotas again. This is major call to wake up. Fact is, china controls 95% of rare earth supply on planet earth and it is vital to high tech engineering.

People need to realize what is going on. Sadly, rare earth are very rare. That means finding more is not easy. Skeptics claim that everything is fine of course. Most of our high tech industry is gone. What little remains is in jeopardy now.

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