Consideration or realisation?

That is at times the question, because I was ‘informed’ of something I didn’t know (mostly because I don’t care) but it does set a different tone to other matters. We already knew that China is ‘market’ leader here, Some might have seen quotes no unlike this one “By the early 2020s, China accounted for roughly 70 percent of global rare-earth mining and more than 90 percent of processing and finished metal” some have seen this before and I am not vying for accuracy on this. I’ll accept it as is. So as America is so on the ball towards Greenland, the news I saw today has me stumped. We get from Discovery Alert (at https://discoveryalert.com.au/rare-earth-processing-saudi-arabia-2026-strategic-partnerships/) less than 12 hours ago ‘Saudi Arabia’s $1.5 Billion Rare Earth Processing Joint Venture’ with the added “The global rare earth elements sector stands at a critical juncture where supply chain concentration has created strategic vulnerabilities for advanced manufacturing industries worldwide. As dependencies on single-source processing capabilities intensify across defense, aerospace, and renewable energy sectors, alternative processing hubs have emerged as essential infrastructure for maintaining technological sovereignty. This analysis examines how new joint venture in Saudi Arabia for rare earth processing initiatives are reshaping market dynamics through strategic partnerships that leverage regional industrial advantages while addressing critical minerals energy transition needs.” Why would President Trump want to wage a losing war on the EU over Greenland? It is not national security, it seemingly is not about the rare earths, depending on what Greenland has and it does have diamonds there, but how much of that 3D carbon structure is there, I don’t know. And when the article comes to ‘Key Partnership Structures in Saudi Rare Earth Development’ we might get a clue. The agreement gives us: 

• Equal stake joint venture arrangements with established industrial conglomerates
• Long-term off-take agreements securing 25% of concentrate production from Greenland’s Tanbreez Project
• Strategic alignment with U.S. defense procurement requirements
• Integration with Saudi Vision 2030 economic diversification objectives

So is that it? You can see the roundup at https://www.criticalmetalscorp.com/projects/project-tanbreez/ and it gives us “The Tanbreez Rare Earth Project is an advanced, permitted asset poised to become a cornerstone in the global supply of rare earth elements (REEs) for North America and Europe. Positioned to deliver a sustainable, reliable, and long-term supply, this world-class project is set to meet the surging demand for critical minerals essential to national security, advanced technologies, defense systems, and the green energy transition.” Would it be THAT simple? The United States doesn’t want to share and doesn’t want Europe involved, so it does this? It gives my “America is broke” setting additional value, but does any nation want to go to war over this? It is an unspoken setting towards governmental greed and as far as I can tell the media is seemingly completely stumped on this. Now if these two sources are bogus, so is the mindset on this, but the second source has a whole range of ‘likable’ people completely with LinkedIn settings. As such how could the media have failed us all to this degree?

The second setting is Discovery Alert, if they are on the up and up or not. And it would be a fair question to ask this, but I have no idea and something this juicy I set in my blog. There is always the setting that they are the bamboozlers as such they can deal with the fallout that the Saudi government gives them as well as the Department of Justice. I am pretty sure that the White House is detesting to be used as a punching bag for any kind of media. 

But what if it is all true, how defining are these two documents on how broke The USA really is? Well first there was the debacle about the 51st state (Canada) and how great America’s healthcare really is (I still haven’t stop howling on that one as Canada’s healthcare is vastly superior), we then get all kinds of other reasons and Canada merely looks around and makes larger deals with Mexico, Seemingly the UAE, Europe and now China. So as I see it, Canada is coming out on top and the USA has a dwindling revenue setting. Then we get the Venezuela oil setting where the oil tycoon’s in the Unknown Settings of Avarice are bailing out as they don’t have the stomach to do this over there. I was of the mind to set up the refineries in Texas and ship all the crude to Texas for processing. It gives Texas the jobs, it gives America the revenue and you merely waste 2-3 tankers which will require intense scrubbing, but that is my oversimplified setting here. And after that we get the Greenland setting where ABC reported 10 hours ago ‘European troops won’t change Trump’s ambition for Greenland, says White House’, as such the question becomes is America that broke or is there something else going on? The two settings clash as I see it and as I see it, there is an unknown factor in the works, because no one is so mentally so unstable to take on Europe, especially as Europe is holding significant amounts of U.S. Treasury bonds (over $3 trillion in total debt, including the UK), viewing them initially as safe investments, but recent geopolitical tensions, especially regarding potential U.S. trade or foreign policy shifts and when Europe dumps those treasury bonds, the US debt rises to well over 40 trillion, because they cannot survive that setting. It will result in Japan and China dumping their bonds as well and the economy that the White House thought they had evaporates like snowflakes in a volcano. You can see that in action in Iceland, and they have a few other examples where snow evaporates really quickly. So I have to wonder as a non-economist, what am I not seeing? What more is there and what is the media keeping hidden (through embargo or other means). I wonder because I just saw a part being raised that I never considered before. I always keep in mind that I am missing something, but this is something the media should have reported on and I am not seeing anything on this. And come to think of this, why would someone mess with what is called “to deliver a sustainable, reliable, and long-term supply” I am grasping at straws here at present, because no-one wants a war with America, they won’t win but I have friends I Europe and It might be nice if they outlived me. And for that matter, my financial setting will not improve if the US dollar collapses because that is now also in the works.

Have a great day, it is almost Saturday brekkie time (in about 13 hours), so see you all for my next blog.