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Your most money won't buy you much resources in a decade. most of the natural resources exporting countries feel a bit cheated with 20 year contracts and two "q

by womitt 9mo ago

Your most money won't buy you much resources in a decade. most of the natural resources exporting countries feel a bit cheated with 20 year contracts and two "quantitative easing" in the same period

JumpCrisscross 9mo ago
> most money won't buy you much resources in a decade You’re vastly underestimating how resource rich America, North America and the Western Hemisphere are.
- reactordev 9mo ago
  You’re vastly underestimating how quickly we can exhaust those resources.
  - JumpCrisscross 9mo ago
    > You’re vastly underestimating how quickly we can exhaust those resources …to where we need to mine or drill Europe? What is your source for any of this?
    - reactordev 9mo ago
      The only resource suppliers to EU other than the United States is Norway (natural gas pipeline, crude oil 14%) and Australia (coal 36%). The US supplies a a huge minority in those as well as a majority in LNG. (https://ec.europa.eu/eurostat/web/interactive-publications/energy-2025 https://ec.europa.eu/eurostat/web/interactive-publications/e...) If the EU ally’s with Australia, pics up an enemy of an enemy - China, they can withstand a US embargo. About our increasing consumption, you can read the report here (https://www.unep.org/resources/Global-Resource-Outlook-2024 https://www.unep.org/resources/Global-Resource-Outlook-2024). We can’t extract our way out of this. We’ll have nothing left. We need space minerals and more rocks that aren’t home. We’re fighting over less and less sand in the sandbox.
      - JumpCrisscross 9mo ago
        > they can withstand a US embargo We were never debating if Europe could survive an American embargo. You said “most money won't buy you much resources in a decade.” This was about America surviving a European freeze-out. The simple truth is, there are more resources in America and within its military’s undisputed reach than there are in Europe. Your UNEP report doesn’t show why America alone couldn’t extract its way out of an embargo. (While it puts its military to use.)
        reactordev 9mo ago
        You must have me mistaken with someone else. I didn't say that. I said that it wouldn't matter as resource exhaustion is faster than it was previously and we will run out of resources, money or not. So if one side decides to horde or exploit the other hemisphere, it's like kids fighting over the last bit of sand in the sandbox.
        JumpCrisscross 9mo ago
        > it wouldn't matter as resource exhaustion is faster than it was previously and we will run out of resources, money or not Oh. Sure. Fair. But not relevant in our lifetimes, at least not from the position of the United States. If push came to shove, we'd take those last bits of sand. That's one of the problems with might makes right: it lets those in power put off hard choices.
        reactordev 9mo ago
        China has more sand

by womitt 9mo ago

Your most money won't buy you much resources in a decade. most of the natural resources exporting countries feel a bit cheated with 20 year contracts and two "quantitative easing" in the same period

JumpCrisscross 9mo ago

> most money won't buy you much resources in a decade You’re vastly underestimating how resource rich America, North America and the Western Hemisphere are.

reactordev 9mo ago
You’re vastly underestimating how quickly we can exhaust those resources.
- JumpCrisscross 9mo ago
  > You’re vastly underestimating how quickly we can exhaust those resources …to where we need to mine or drill Europe? What is your source for any of this?
  - reactordev 9mo ago
    The only resource suppliers to EU other than the United States is Norway (natural gas pipeline, crude oil 14%) and Australia (coal 36%). The US supplies a a huge minority in those as well as a majority in LNG. (https://ec.europa.eu/eurostat/web/interactive-publications/energy-2025 https://ec.europa.eu/eurostat/web/interactive-publications/e...) If the EU ally’s with Australia, pics up an enemy of an enemy - China, they can withstand a US embargo. About our increasing consumption, you can read the report here (https://www.unep.org/resources/Global-Resource-Outlook-2024 https://www.unep.org/resources/Global-Resource-Outlook-2024). We can’t extract our way out of this. We’ll have nothing left. We need space minerals and more rocks that aren’t home. We’re fighting over less and less sand in the sandbox.
    - JumpCrisscross 9mo ago
      > they can withstand a US embargo We were never debating if Europe could survive an American embargo. You said “most money won't buy you much resources in a decade.” This was about America surviving a European freeze-out. The simple truth is, there are more resources in America and within its military’s undisputed reach than there are in Europe. Your UNEP report doesn’t show why America alone couldn’t extract its way out of an embargo. (While it puts its military to use.)
      - reactordev 9mo ago
        You must have me mistaken with someone else. I didn't say that. I said that it wouldn't matter as resource exhaustion is faster than it was previously and we will run out of resources, money or not. So if one side decides to horde or exploit the other hemisphere, it's like kids fighting over the last bit of sand in the sandbox.
        JumpCrisscross 9mo ago
        > it wouldn't matter as resource exhaustion is faster than it was previously and we will run out of resources, money or not Oh. Sure. Fair. But not relevant in our lifetimes, at least not from the position of the United States. If push came to shove, we'd take those last bits of sand. That's one of the problems with might makes right: it lets those in power put off hard choices.
        reactordev 9mo ago
        China has more sand