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Global Panic Spreads - Joe Blogs [View all]
In this video I talk about PANIC that has started in the automotive sector as a result of the restriction in supply of rare earth magnets from China. These magnets are in a wide variety of applications in vehicles and are therefore critical to the production process. China controls 90% of the global market and in response to the trade war with the USA has restricted supply. These magnets are also used in various other industries such as defense and energy and this issue has the potential to cause chaos for the Global Economy in 2025.
Chapters:
0:00 Intro
1:43 RARE EARTH MAGNETS
7:32 LETTER TO TRUMP
11:04 SUMMARY & CONCLUSION
2 replies
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= new reply since forum marked as read