China slapped with rare earth trade dispute … The European Union, United States and Japan formally asked the World Trade Organization on Tuesday to settle a dispute with China over Beijing’s restriction on exports of raw materials, including rare earth elements critical to major industries. The EU’s trade chief, Karel De Gucht, said the three trading powers were making the dispute settlement request, the first step before filing a full trade case, following a successful EU challenge at the WTO on similar restrictions earlier this year. “China’s restrictions on rare earths and other products violate international trade rules and must be removed,” De Gucht said. “These measures hurt our producers and consumers in the EU and across the world, including manufacturers of pioneering hi-tech and ‘green’ business applications.” − MSNBC
Dominant Social Theme: Gee, where would be without international trade organizations and the bureaucrats that run them?
Free-Market Analysis: Rare earth elements are not rare. You can count on it. Oil is not rare. Food is not rare. Water is not rare. These are all dominant social themes – scarcity memes – fear-based promotions of the power elite.
The idea is always the same. Manufacture the perception that something “critical” is running out and then bring in the “experts” – politicians, government generally – to “fix” the problem. Even if the problem is “unfixable” or drags on, the promotional meme is bolstered. The very act of politicians, experts, “leaders” arguing over an issue reinforces the idea that it is something too complex for ordinary people to fathom.
The media itself – controlled by the same power elite that apparently controls central banks around the world – plays a critical part in this charade. There is nothing like the New York Times emblazoning a scarcity meme on its front page to give it credibility. “World Running Out of Water” – etc.
Inevitably, the same “experts” that are brought in to negotiate these scarcity promotions are quoted in the articles, thus reinforcing their credibility as “big brains.” Of course, there is no such thing as an “expert.”
Almost everything we have been taught to believe in this world is likely false. In less than a few decades, most of what we have based our lives on shall be as dust. There are very few verities.
Think of previous centuries. Human beings believed that the sun revolved around the earth, that human beings would never fly, that going faster than 10 miles an hour in a vehicle could kill you, or at least damage your health.
The Titanic was never supposed to sink. The Dow was supposed to have reached 20,000 a decade ago. The dollar was “good as gold.” What was good for GM was good for America.
On and on. The Internet, of course, has helped debunk many elite memes. What we have discovered in the past 10 years is that most of these themes were promoted to frighten middle classes into giving up wealth and power to global facilities created by the elites.
These elites – and they are not confined to any one ethnic or religious group – are intent on creating world government. To do so, they have apparently manipulated not only people’s belief systems but history itself through a process we call directed history.
Directed history creates wars and economic disasters as a way of consolidating power and creating top-down hierarchies. These are run by “government” officials, but the real power resides behind the scenes. The elites are in charge – driving hard toward further homogenization and bigness via mercantilism.
These days it’s easy for people – informed by the Internet – to spot an elite meme. Most of these memes try to frighten you and most of them, once you know what to look for, are easily identified. Here’s more from this latest rare earth article:
Thanks to BrotherJohnF