this post was submitted on 28 Mar 2025
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Socialism

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[–] Wanpieserino@lemm.ee -2 points 1 week ago* (last edited 1 week ago) (16 children)

https://ssi.armywarcollege.edu/SSI-Media/Recent-Publications/Article/3938204/china-in-the-democratic-republic-of-the-congo-a-new-dynamic-in-critical-mineral/#%3A%7E%3Atext=The+DRC+produces+80+percent%2Cpercent+of+the+total+output.

https://source.benchmarkminerals.com/article/how-much-cobalt-production-is-owned-by-chinese-companies

https://theconversation.com/drc-is-the-worlds-largest-producer-of-cobalt-how-control-by-local-elites-can-shape-the-global-battery-industry-236205

https://www.visualcapitalist.com/chinas-cobalt-supply-dominance-by-2030/

Okay I misread about the 80% figure. It's more about 50%. They just control 80% of the output through majority stakes.

But Chinese companies are going after all the cobalt in the world. It's their industry that they want to shine in.

"Singapore does it", my boss worked there and told me this week multiple times that Singaporeans are the most selfish ego centered people he has ever met. My wife grew up in Bintan, and she agrees. They are basically the Americans of south east Asia.

The subsidies are trickle down economics, heavily criticised by socialists.

Although income inequality is dropping in china. 0,35 Gini. In USA it's 0,41. But here in the EU, it's 0,29.

And where I live, it's 0,26.

We're still the most socialist.

[–] fatur0000new@lemmy.ml 7 points 1 week ago* (last edited 1 week ago) (14 children)

Okay I misread about the 80% figure. It’s more about 50%.

Be careful next time

It’s their industry that they want to shine in.

That is normal. USA does it too, don't you think?

“Singapore does it”, my boss worked there and told me this week multiple times that Singaporeans are the most selfish ego centered people he has ever met. My wife grew up in Bintan, and she agrees. They are basically the Americans of south east Asia.

Why are you talking about your boss and your wife? We're talking about Singapore which also heavily control their population

The subsidies are trickle down economics, heavily criticised by socialists.

Source?

Although income inequality is dropping in china. 0,35 Gini. In USA it’s 0,41. But here in the EU, it’s 0,29.

We’re still the most socialist.

Socialism is more than income

And thanks for links

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