Thursday, October 25, 2012

Chinese Rare Earths Producer Suspends Output

America exports the worlds supply of helium, hasnt produced a millilitre more for over 2 decades, and keeps the price artificially low.

OPEC sets quotas and prices for global oil supplies, and can suspend or restrict production whenever they feel the need.

American agricultural conglomerates like ADM and General Mills collude to set the price at which they will accept corn from farmers. too much corn does not drive the price of it down, instead its maintained by dumping cheap corn as an export, or siloing it for next year.

how has china in any way changed how capitalism has worked for the past 270 years? The only thing thats generated outrage is chinas willingness to take an aggressively competitive position in the global economy, instead of a subservient one. If you dont like it, consider pushing for more organized labor.

Source: http://rss.slashdot.org/~r/Slashdot/slashdotScience/~3/bgeUkD_CpBQ/chinese-rare-earths-producer-suspends-output

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