Tuesday, February 5, 2019

China Got the Geopolitical Shaft With a Big Discovery

China Got the Geopolitical Shaft With a Big Discovery
https://patriotpost.us/articles/60966 mailing_id=4060&utm_medium=email&utm_source=pp.email.4060&utm_campaign=snapshot&utm_content=body
Excerpt: It’s a safe bet that not even 1% of Americans could point out Marcus Island on a map. Its notoriety is most recently based on being a target of one of Admiral William F. Halsey’s early raids on Japanese installations in the months after the attack on Pearl Harbor. Well, Marcus Island now has a new claim to notoriety: Giving the People’s Republic of China the geopolitical shaft. According to an April 19, 2018 report by Fox News, this small atoll, about 1,200 miles from Tokyo and about 1,400 miles from Wake Island, is sitting on a motherlode of rare-earth metals. As in, enough to supply world demand for them for at least the next four to eight centuries. (No doubt it will take a while to build the necessary facilities to exploit this, but not only does this shove a whole tree into China’s eye, it will certainly result in lower consumer prices for anything that requires rare-earth metals. It’s also good for Japan, whose economy is still recovering from the Dot-com recession of the early 1990s. Link may not be live. Ron P.)

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