Friday, September 3, 2010

Link roundup

1. Thomas Barnett:

China does control--currently--about 95% of production [of rare Earth oxides], but only because it's cheap prices drove other mines out of competition.

But in reality, China accounts for only 30% of the world's known reserves, and existing mines can all be restarted within a couple of years. So China only "controls" because it keeps the price low.
2. Ecstasy is being used to treat soldiers with PTSD.

3. A Miami Dolphin lost a $50,000 diamond earring during practice.

*Buy diamonds at Amazon.