Zoom out: Typically, these sorts of fundamental reorderings of an economy don't happen in real time — businesses plan on long-term cycles, governments build out policy infrastructures, and changes happen in something resembling an orderly fashion.
Not now. "The economy is somewhat of a living organism. It does not sit still. It adjusts; it reacts ... it changes over time," Siebert Financial chief investment officer Mark Malek wrote Wednesday.
"Unfortunately, we are all hoping for a short-term solution to a long-term challenge."
The intrigue: In absolute terms, rare earths imports are small, about $190 million a year, per government data.
But if you buy any of a list of more than 200 products, from cell phones to lasers, then you're buying something that can't be built without rare earths.
Reality check: China's economy is facing its own challenges, and the trade war isn't exactly helping there either.
SO, WHAT R THE OBSERVATIONS OF THE RIGHT ,WHO BELIEVE THE LIBERAL PRESS IS LYING.????
True, businesses prefer long term stability, but when a nation like China keeps on screwing us over, do you want America to turn the other cheek? Or instead fight back.
Should we do like HA advocates and just accept what the Chinese government does to us on trade?
Or do you think it is long past time to fight back? Those Chinese students/intelligence agents at Harvard? They are buying influence in academia. They pay full tuition while they are spying on technology developments and medical breakthroughs.
Thomas Sowell: There are no solutions, just trade-offs.
