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> Or if we had the same tax rates that Saint Reagan had.
[ "anyone remember the Clinton budget surplus? some of us do. no wonder the gqp lost its sh*t over him", ">\n\nI remember. And I was young too but EVERYONE was talking about it.", ">\n\nIt is possible to have a prosperous country and budget surplus in government but it requires Democrats in charge.", ">\n\nSo it'll never happen in America.", ">\n\nIf we still have a democracy in a few years, younger generations (Millennials and Zoomers) are about to overtake Baby Boomers in voting numbers, are growing more and more politically engaged and increasingly hate conservatism with a passion.", ">\n\nSaddest part of this is that we’ve had the numbers to at least match boomers at the polls for years, but Millennial turnout just broke 50% a few years ago.", ">\n\nWe're trying. I got my wife to vote for the first time ever, and we just turned 30", ">\n\nLol why is the picture a picture of Kevin McCarthy shaking someone's hand?", ">\n\nBecause it works on a non zero percent of people.", ">\n\nWhat does?", ">\n\nThe subtle implication that the brand-new Speaker of the House had something to do with lowering the deficit.", ">\n\nWhy would the times do that?", ">\n\nJournalism has been dead for awhile now and is mostly just a political dog show now.", ">\n\nDebt is not the same as deficit", ">\n\nNot sure I follow your point. You would agree that deficit spending results in debt, correct? \nTrump's tax cuts to the 1% for their historic stock buyback resulted in the third-biggest deficit increase of any president.", ">\n\nYes I would. But people use debt and deficit interchangeably and they are different calculations", ">\n\nAnd what does that have to do with the person you were responding to?", ">\n\nBecause this post is about deficit and they're talking about debt", ">\n\nExcept they're actually talking about debt. Did you even look at their link?\nBefore Trump the DEBT was at ~20 T. After Trump it was at ~28 T.", ">\n\nThe title of this post is deficit", ">\n\nThe great thing about the comment section of reddit is we get to talk about things not strictly pertaining to the subject of the post", ">\n\nDems always lower the deficit, and Republicans always explode it, but stupid brainwashed clowns believe otherwise", ">\n\nI keep hearing that but haven’t been able to find any sort of breakdown. Does anyone have a resource or like a timeline that shows national debt and who’s in charge of the senate, house, White House, etc?", ">\n\nThe Republicans under W did not let anything stop them from cutting taxes. Not even concurrent wars in Afghanistan and Iraq.", ">\n\ncorrect. they use \"tax and spend democrats\" as a pejorative when they are the cut taxes and spend more republicans. one side is responsible the other not so much", ">\n\nYep. \"Tax and spend\" vs. \"don't tax and spend more.\" The hypocrisy drives me insane.", ">\n\nThat can’t be right….I thought that when librul commies always blow up the deficit?", ">\n\nIt’s all good, it’s republicans in the photo like they did a fucking thing about it", ">\n\nSo it looks like the old man, Biden,b and the Democrats know what he is doing. 👏👏👏👏", ">\n\nImagine how much lower if they taxed the rich" ]
> and the image is of the new gop congress??
[ "anyone remember the Clinton budget surplus? some of us do. no wonder the gqp lost its sh*t over him", ">\n\nI remember. And I was young too but EVERYONE was talking about it.", ">\n\nIt is possible to have a prosperous country and budget surplus in government but it requires Democrats in charge.", ">\n\nSo it'll never happen in America.", ">\n\nIf we still have a democracy in a few years, younger generations (Millennials and Zoomers) are about to overtake Baby Boomers in voting numbers, are growing more and more politically engaged and increasingly hate conservatism with a passion.", ">\n\nSaddest part of this is that we’ve had the numbers to at least match boomers at the polls for years, but Millennial turnout just broke 50% a few years ago.", ">\n\nWe're trying. I got my wife to vote for the first time ever, and we just turned 30", ">\n\nLol why is the picture a picture of Kevin McCarthy shaking someone's hand?", ">\n\nBecause it works on a non zero percent of people.", ">\n\nWhat does?", ">\n\nThe subtle implication that the brand-new Speaker of the House had something to do with lowering the deficit.", ">\n\nWhy would the times do that?", ">\n\nJournalism has been dead for awhile now and is mostly just a political dog show now.", ">\n\nDebt is not the same as deficit", ">\n\nNot sure I follow your point. You would agree that deficit spending results in debt, correct? \nTrump's tax cuts to the 1% for their historic stock buyback resulted in the third-biggest deficit increase of any president.", ">\n\nYes I would. But people use debt and deficit interchangeably and they are different calculations", ">\n\nAnd what does that have to do with the person you were responding to?", ">\n\nBecause this post is about deficit and they're talking about debt", ">\n\nExcept they're actually talking about debt. Did you even look at their link?\nBefore Trump the DEBT was at ~20 T. After Trump it was at ~28 T.", ">\n\nThe title of this post is deficit", ">\n\nThe great thing about the comment section of reddit is we get to talk about things not strictly pertaining to the subject of the post", ">\n\nDems always lower the deficit, and Republicans always explode it, but stupid brainwashed clowns believe otherwise", ">\n\nI keep hearing that but haven’t been able to find any sort of breakdown. Does anyone have a resource or like a timeline that shows national debt and who’s in charge of the senate, house, White House, etc?", ">\n\nThe Republicans under W did not let anything stop them from cutting taxes. Not even concurrent wars in Afghanistan and Iraq.", ">\n\ncorrect. they use \"tax and spend democrats\" as a pejorative when they are the cut taxes and spend more republicans. one side is responsible the other not so much", ">\n\nYep. \"Tax and spend\" vs. \"don't tax and spend more.\" The hypocrisy drives me insane.", ">\n\nThat can’t be right….I thought that when librul commies always blow up the deficit?", ">\n\nIt’s all good, it’s republicans in the photo like they did a fucking thing about it", ">\n\nSo it looks like the old man, Biden,b and the Democrats know what he is doing. 👏👏👏👏", ">\n\nImagine how much lower if they taxed the rich", ">\n\nOr if we had the same tax rates that Saint Reagan had." ]
> Right!
[ "anyone remember the Clinton budget surplus? some of us do. no wonder the gqp lost its sh*t over him", ">\n\nI remember. And I was young too but EVERYONE was talking about it.", ">\n\nIt is possible to have a prosperous country and budget surplus in government but it requires Democrats in charge.", ">\n\nSo it'll never happen in America.", ">\n\nIf we still have a democracy in a few years, younger generations (Millennials and Zoomers) are about to overtake Baby Boomers in voting numbers, are growing more and more politically engaged and increasingly hate conservatism with a passion.", ">\n\nSaddest part of this is that we’ve had the numbers to at least match boomers at the polls for years, but Millennial turnout just broke 50% a few years ago.", ">\n\nWe're trying. I got my wife to vote for the first time ever, and we just turned 30", ">\n\nLol why is the picture a picture of Kevin McCarthy shaking someone's hand?", ">\n\nBecause it works on a non zero percent of people.", ">\n\nWhat does?", ">\n\nThe subtle implication that the brand-new Speaker of the House had something to do with lowering the deficit.", ">\n\nWhy would the times do that?", ">\n\nJournalism has been dead for awhile now and is mostly just a political dog show now.", ">\n\nDebt is not the same as deficit", ">\n\nNot sure I follow your point. You would agree that deficit spending results in debt, correct? \nTrump's tax cuts to the 1% for their historic stock buyback resulted in the third-biggest deficit increase of any president.", ">\n\nYes I would. But people use debt and deficit interchangeably and they are different calculations", ">\n\nAnd what does that have to do with the person you were responding to?", ">\n\nBecause this post is about deficit and they're talking about debt", ">\n\nExcept they're actually talking about debt. Did you even look at their link?\nBefore Trump the DEBT was at ~20 T. After Trump it was at ~28 T.", ">\n\nThe title of this post is deficit", ">\n\nThe great thing about the comment section of reddit is we get to talk about things not strictly pertaining to the subject of the post", ">\n\nDems always lower the deficit, and Republicans always explode it, but stupid brainwashed clowns believe otherwise", ">\n\nI keep hearing that but haven’t been able to find any sort of breakdown. Does anyone have a resource or like a timeline that shows national debt and who’s in charge of the senate, house, White House, etc?", ">\n\nThe Republicans under W did not let anything stop them from cutting taxes. Not even concurrent wars in Afghanistan and Iraq.", ">\n\ncorrect. they use \"tax and spend democrats\" as a pejorative when they are the cut taxes and spend more republicans. one side is responsible the other not so much", ">\n\nYep. \"Tax and spend\" vs. \"don't tax and spend more.\" The hypocrisy drives me insane.", ">\n\nThat can’t be right….I thought that when librul commies always blow up the deficit?", ">\n\nIt’s all good, it’s republicans in the photo like they did a fucking thing about it", ">\n\nSo it looks like the old man, Biden,b and the Democrats know what he is doing. 👏👏👏👏", ">\n\nImagine how much lower if they taxed the rich", ">\n\nOr if we had the same tax rates that Saint Reagan had.", ">\n\nand the image is of the new gop congress??" ]
> Why show republicans in m article bout the deficit falling when they had absolutely nothing to do with it?
[ "anyone remember the Clinton budget surplus? some of us do. no wonder the gqp lost its sh*t over him", ">\n\nI remember. And I was young too but EVERYONE was talking about it.", ">\n\nIt is possible to have a prosperous country and budget surplus in government but it requires Democrats in charge.", ">\n\nSo it'll never happen in America.", ">\n\nIf we still have a democracy in a few years, younger generations (Millennials and Zoomers) are about to overtake Baby Boomers in voting numbers, are growing more and more politically engaged and increasingly hate conservatism with a passion.", ">\n\nSaddest part of this is that we’ve had the numbers to at least match boomers at the polls for years, but Millennial turnout just broke 50% a few years ago.", ">\n\nWe're trying. I got my wife to vote for the first time ever, and we just turned 30", ">\n\nLol why is the picture a picture of Kevin McCarthy shaking someone's hand?", ">\n\nBecause it works on a non zero percent of people.", ">\n\nWhat does?", ">\n\nThe subtle implication that the brand-new Speaker of the House had something to do with lowering the deficit.", ">\n\nWhy would the times do that?", ">\n\nJournalism has been dead for awhile now and is mostly just a political dog show now.", ">\n\nDebt is not the same as deficit", ">\n\nNot sure I follow your point. You would agree that deficit spending results in debt, correct? \nTrump's tax cuts to the 1% for their historic stock buyback resulted in the third-biggest deficit increase of any president.", ">\n\nYes I would. But people use debt and deficit interchangeably and they are different calculations", ">\n\nAnd what does that have to do with the person you were responding to?", ">\n\nBecause this post is about deficit and they're talking about debt", ">\n\nExcept they're actually talking about debt. Did you even look at their link?\nBefore Trump the DEBT was at ~20 T. After Trump it was at ~28 T.", ">\n\nThe title of this post is deficit", ">\n\nThe great thing about the comment section of reddit is we get to talk about things not strictly pertaining to the subject of the post", ">\n\nDems always lower the deficit, and Republicans always explode it, but stupid brainwashed clowns believe otherwise", ">\n\nI keep hearing that but haven’t been able to find any sort of breakdown. Does anyone have a resource or like a timeline that shows national debt and who’s in charge of the senate, house, White House, etc?", ">\n\nThe Republicans under W did not let anything stop them from cutting taxes. Not even concurrent wars in Afghanistan and Iraq.", ">\n\ncorrect. they use \"tax and spend democrats\" as a pejorative when they are the cut taxes and spend more republicans. one side is responsible the other not so much", ">\n\nYep. \"Tax and spend\" vs. \"don't tax and spend more.\" The hypocrisy drives me insane.", ">\n\nThat can’t be right….I thought that when librul commies always blow up the deficit?", ">\n\nIt’s all good, it’s republicans in the photo like they did a fucking thing about it", ">\n\nSo it looks like the old man, Biden,b and the Democrats know what he is doing. 👏👏👏👏", ">\n\nImagine how much lower if they taxed the rich", ">\n\nOr if we had the same tax rates that Saint Reagan had.", ">\n\nand the image is of the new gop congress??", ">\n\nRight!" ]
> Why is there an image of Republicans under the title. WTF
[ "anyone remember the Clinton budget surplus? some of us do. no wonder the gqp lost its sh*t over him", ">\n\nI remember. And I was young too but EVERYONE was talking about it.", ">\n\nIt is possible to have a prosperous country and budget surplus in government but it requires Democrats in charge.", ">\n\nSo it'll never happen in America.", ">\n\nIf we still have a democracy in a few years, younger generations (Millennials and Zoomers) are about to overtake Baby Boomers in voting numbers, are growing more and more politically engaged and increasingly hate conservatism with a passion.", ">\n\nSaddest part of this is that we’ve had the numbers to at least match boomers at the polls for years, but Millennial turnout just broke 50% a few years ago.", ">\n\nWe're trying. I got my wife to vote for the first time ever, and we just turned 30", ">\n\nLol why is the picture a picture of Kevin McCarthy shaking someone's hand?", ">\n\nBecause it works on a non zero percent of people.", ">\n\nWhat does?", ">\n\nThe subtle implication that the brand-new Speaker of the House had something to do with lowering the deficit.", ">\n\nWhy would the times do that?", ">\n\nJournalism has been dead for awhile now and is mostly just a political dog show now.", ">\n\nDebt is not the same as deficit", ">\n\nNot sure I follow your point. You would agree that deficit spending results in debt, correct? \nTrump's tax cuts to the 1% for their historic stock buyback resulted in the third-biggest deficit increase of any president.", ">\n\nYes I would. But people use debt and deficit interchangeably and they are different calculations", ">\n\nAnd what does that have to do with the person you were responding to?", ">\n\nBecause this post is about deficit and they're talking about debt", ">\n\nExcept they're actually talking about debt. Did you even look at their link?\nBefore Trump the DEBT was at ~20 T. After Trump it was at ~28 T.", ">\n\nThe title of this post is deficit", ">\n\nThe great thing about the comment section of reddit is we get to talk about things not strictly pertaining to the subject of the post", ">\n\nDems always lower the deficit, and Republicans always explode it, but stupid brainwashed clowns believe otherwise", ">\n\nI keep hearing that but haven’t been able to find any sort of breakdown. Does anyone have a resource or like a timeline that shows national debt and who’s in charge of the senate, house, White House, etc?", ">\n\nThe Republicans under W did not let anything stop them from cutting taxes. Not even concurrent wars in Afghanistan and Iraq.", ">\n\ncorrect. they use \"tax and spend democrats\" as a pejorative when they are the cut taxes and spend more republicans. one side is responsible the other not so much", ">\n\nYep. \"Tax and spend\" vs. \"don't tax and spend more.\" The hypocrisy drives me insane.", ">\n\nThat can’t be right….I thought that when librul commies always blow up the deficit?", ">\n\nIt’s all good, it’s republicans in the photo like they did a fucking thing about it", ">\n\nSo it looks like the old man, Biden,b and the Democrats know what he is doing. 👏👏👏👏", ">\n\nImagine how much lower if they taxed the rich", ">\n\nOr if we had the same tax rates that Saint Reagan had.", ">\n\nand the image is of the new gop congress??", ">\n\nRight!", ">\n\nWhy show republicans in m article bout the deficit falling when they had absolutely nothing to do with it?" ]
> Was thinking the same thing
[ "anyone remember the Clinton budget surplus? some of us do. no wonder the gqp lost its sh*t over him", ">\n\nI remember. And I was young too but EVERYONE was talking about it.", ">\n\nIt is possible to have a prosperous country and budget surplus in government but it requires Democrats in charge.", ">\n\nSo it'll never happen in America.", ">\n\nIf we still have a democracy in a few years, younger generations (Millennials and Zoomers) are about to overtake Baby Boomers in voting numbers, are growing more and more politically engaged and increasingly hate conservatism with a passion.", ">\n\nSaddest part of this is that we’ve had the numbers to at least match boomers at the polls for years, but Millennial turnout just broke 50% a few years ago.", ">\n\nWe're trying. I got my wife to vote for the first time ever, and we just turned 30", ">\n\nLol why is the picture a picture of Kevin McCarthy shaking someone's hand?", ">\n\nBecause it works on a non zero percent of people.", ">\n\nWhat does?", ">\n\nThe subtle implication that the brand-new Speaker of the House had something to do with lowering the deficit.", ">\n\nWhy would the times do that?", ">\n\nJournalism has been dead for awhile now and is mostly just a political dog show now.", ">\n\nDebt is not the same as deficit", ">\n\nNot sure I follow your point. You would agree that deficit spending results in debt, correct? \nTrump's tax cuts to the 1% for their historic stock buyback resulted in the third-biggest deficit increase of any president.", ">\n\nYes I would. But people use debt and deficit interchangeably and they are different calculations", ">\n\nAnd what does that have to do with the person you were responding to?", ">\n\nBecause this post is about deficit and they're talking about debt", ">\n\nExcept they're actually talking about debt. Did you even look at their link?\nBefore Trump the DEBT was at ~20 T. After Trump it was at ~28 T.", ">\n\nThe title of this post is deficit", ">\n\nThe great thing about the comment section of reddit is we get to talk about things not strictly pertaining to the subject of the post", ">\n\nDems always lower the deficit, and Republicans always explode it, but stupid brainwashed clowns believe otherwise", ">\n\nI keep hearing that but haven’t been able to find any sort of breakdown. Does anyone have a resource or like a timeline that shows national debt and who’s in charge of the senate, house, White House, etc?", ">\n\nThe Republicans under W did not let anything stop them from cutting taxes. Not even concurrent wars in Afghanistan and Iraq.", ">\n\ncorrect. they use \"tax and spend democrats\" as a pejorative when they are the cut taxes and spend more republicans. one side is responsible the other not so much", ">\n\nYep. \"Tax and spend\" vs. \"don't tax and spend more.\" The hypocrisy drives me insane.", ">\n\nThat can’t be right….I thought that when librul commies always blow up the deficit?", ">\n\nIt’s all good, it’s republicans in the photo like they did a fucking thing about it", ">\n\nSo it looks like the old man, Biden,b and the Democrats know what he is doing. 👏👏👏👏", ">\n\nImagine how much lower if they taxed the rich", ">\n\nOr if we had the same tax rates that Saint Reagan had.", ">\n\nand the image is of the new gop congress??", ">\n\nRight!", ">\n\nWhy show republicans in m article bout the deficit falling when they had absolutely nothing to do with it?", ">\n\nWhy is there an image of Republicans under the title. WTF" ]
> 2 years and the Biden Admin cut the deficit down by more than half. The GOP House: “we can’t have that!”
[ "anyone remember the Clinton budget surplus? some of us do. no wonder the gqp lost its sh*t over him", ">\n\nI remember. And I was young too but EVERYONE was talking about it.", ">\n\nIt is possible to have a prosperous country and budget surplus in government but it requires Democrats in charge.", ">\n\nSo it'll never happen in America.", ">\n\nIf we still have a democracy in a few years, younger generations (Millennials and Zoomers) are about to overtake Baby Boomers in voting numbers, are growing more and more politically engaged and increasingly hate conservatism with a passion.", ">\n\nSaddest part of this is that we’ve had the numbers to at least match boomers at the polls for years, but Millennial turnout just broke 50% a few years ago.", ">\n\nWe're trying. I got my wife to vote for the first time ever, and we just turned 30", ">\n\nLol why is the picture a picture of Kevin McCarthy shaking someone's hand?", ">\n\nBecause it works on a non zero percent of people.", ">\n\nWhat does?", ">\n\nThe subtle implication that the brand-new Speaker of the House had something to do with lowering the deficit.", ">\n\nWhy would the times do that?", ">\n\nJournalism has been dead for awhile now and is mostly just a political dog show now.", ">\n\nDebt is not the same as deficit", ">\n\nNot sure I follow your point. You would agree that deficit spending results in debt, correct? \nTrump's tax cuts to the 1% for their historic stock buyback resulted in the third-biggest deficit increase of any president.", ">\n\nYes I would. But people use debt and deficit interchangeably and they are different calculations", ">\n\nAnd what does that have to do with the person you were responding to?", ">\n\nBecause this post is about deficit and they're talking about debt", ">\n\nExcept they're actually talking about debt. Did you even look at their link?\nBefore Trump the DEBT was at ~20 T. After Trump it was at ~28 T.", ">\n\nThe title of this post is deficit", ">\n\nThe great thing about the comment section of reddit is we get to talk about things not strictly pertaining to the subject of the post", ">\n\nDems always lower the deficit, and Republicans always explode it, but stupid brainwashed clowns believe otherwise", ">\n\nI keep hearing that but haven’t been able to find any sort of breakdown. Does anyone have a resource or like a timeline that shows national debt and who’s in charge of the senate, house, White House, etc?", ">\n\nThe Republicans under W did not let anything stop them from cutting taxes. Not even concurrent wars in Afghanistan and Iraq.", ">\n\ncorrect. they use \"tax and spend democrats\" as a pejorative when they are the cut taxes and spend more republicans. one side is responsible the other not so much", ">\n\nYep. \"Tax and spend\" vs. \"don't tax and spend more.\" The hypocrisy drives me insane.", ">\n\nThat can’t be right….I thought that when librul commies always blow up the deficit?", ">\n\nIt’s all good, it’s republicans in the photo like they did a fucking thing about it", ">\n\nSo it looks like the old man, Biden,b and the Democrats know what he is doing. 👏👏👏👏", ">\n\nImagine how much lower if they taxed the rich", ">\n\nOr if we had the same tax rates that Saint Reagan had.", ">\n\nand the image is of the new gop congress??", ">\n\nRight!", ">\n\nWhy show republicans in m article bout the deficit falling when they had absolutely nothing to do with it?", ">\n\nWhy is there an image of Republicans under the title. WTF", ">\n\nWas thinking the same thing" ]
> And the Republicans claim otherwise. It’s a shame that their followers don’t believe printed numbers from reliable sources vs fallacies spewed from their lying mouths
[ "anyone remember the Clinton budget surplus? some of us do. no wonder the gqp lost its sh*t over him", ">\n\nI remember. And I was young too but EVERYONE was talking about it.", ">\n\nIt is possible to have a prosperous country and budget surplus in government but it requires Democrats in charge.", ">\n\nSo it'll never happen in America.", ">\n\nIf we still have a democracy in a few years, younger generations (Millennials and Zoomers) are about to overtake Baby Boomers in voting numbers, are growing more and more politically engaged and increasingly hate conservatism with a passion.", ">\n\nSaddest part of this is that we’ve had the numbers to at least match boomers at the polls for years, but Millennial turnout just broke 50% a few years ago.", ">\n\nWe're trying. I got my wife to vote for the first time ever, and we just turned 30", ">\n\nLol why is the picture a picture of Kevin McCarthy shaking someone's hand?", ">\n\nBecause it works on a non zero percent of people.", ">\n\nWhat does?", ">\n\nThe subtle implication that the brand-new Speaker of the House had something to do with lowering the deficit.", ">\n\nWhy would the times do that?", ">\n\nJournalism has been dead for awhile now and is mostly just a political dog show now.", ">\n\nDebt is not the same as deficit", ">\n\nNot sure I follow your point. You would agree that deficit spending results in debt, correct? \nTrump's tax cuts to the 1% for their historic stock buyback resulted in the third-biggest deficit increase of any president.", ">\n\nYes I would. But people use debt and deficit interchangeably and they are different calculations", ">\n\nAnd what does that have to do with the person you were responding to?", ">\n\nBecause this post is about deficit and they're talking about debt", ">\n\nExcept they're actually talking about debt. Did you even look at their link?\nBefore Trump the DEBT was at ~20 T. After Trump it was at ~28 T.", ">\n\nThe title of this post is deficit", ">\n\nThe great thing about the comment section of reddit is we get to talk about things not strictly pertaining to the subject of the post", ">\n\nDems always lower the deficit, and Republicans always explode it, but stupid brainwashed clowns believe otherwise", ">\n\nI keep hearing that but haven’t been able to find any sort of breakdown. Does anyone have a resource or like a timeline that shows national debt and who’s in charge of the senate, house, White House, etc?", ">\n\nThe Republicans under W did not let anything stop them from cutting taxes. Not even concurrent wars in Afghanistan and Iraq.", ">\n\ncorrect. they use \"tax and spend democrats\" as a pejorative when they are the cut taxes and spend more republicans. one side is responsible the other not so much", ">\n\nYep. \"Tax and spend\" vs. \"don't tax and spend more.\" The hypocrisy drives me insane.", ">\n\nThat can’t be right….I thought that when librul commies always blow up the deficit?", ">\n\nIt’s all good, it’s republicans in the photo like they did a fucking thing about it", ">\n\nSo it looks like the old man, Biden,b and the Democrats know what he is doing. 👏👏👏👏", ">\n\nImagine how much lower if they taxed the rich", ">\n\nOr if we had the same tax rates that Saint Reagan had.", ">\n\nand the image is of the new gop congress??", ">\n\nRight!", ">\n\nWhy show republicans in m article bout the deficit falling when they had absolutely nothing to do with it?", ">\n\nWhy is there an image of Republicans under the title. WTF", ">\n\nWas thinking the same thing", ">\n\n2 years and the Biden Admin cut the deficit down by more than half. The GOP House: “we can’t have that!”" ]
> Don’t get used to it. The NatC’s are making it their platform to raise that figure as high as possible.
[ "anyone remember the Clinton budget surplus? some of us do. no wonder the gqp lost its sh*t over him", ">\n\nI remember. And I was young too but EVERYONE was talking about it.", ">\n\nIt is possible to have a prosperous country and budget surplus in government but it requires Democrats in charge.", ">\n\nSo it'll never happen in America.", ">\n\nIf we still have a democracy in a few years, younger generations (Millennials and Zoomers) are about to overtake Baby Boomers in voting numbers, are growing more and more politically engaged and increasingly hate conservatism with a passion.", ">\n\nSaddest part of this is that we’ve had the numbers to at least match boomers at the polls for years, but Millennial turnout just broke 50% a few years ago.", ">\n\nWe're trying. I got my wife to vote for the first time ever, and we just turned 30", ">\n\nLol why is the picture a picture of Kevin McCarthy shaking someone's hand?", ">\n\nBecause it works on a non zero percent of people.", ">\n\nWhat does?", ">\n\nThe subtle implication that the brand-new Speaker of the House had something to do with lowering the deficit.", ">\n\nWhy would the times do that?", ">\n\nJournalism has been dead for awhile now and is mostly just a political dog show now.", ">\n\nDebt is not the same as deficit", ">\n\nNot sure I follow your point. You would agree that deficit spending results in debt, correct? \nTrump's tax cuts to the 1% for their historic stock buyback resulted in the third-biggest deficit increase of any president.", ">\n\nYes I would. But people use debt and deficit interchangeably and they are different calculations", ">\n\nAnd what does that have to do with the person you were responding to?", ">\n\nBecause this post is about deficit and they're talking about debt", ">\n\nExcept they're actually talking about debt. Did you even look at their link?\nBefore Trump the DEBT was at ~20 T. After Trump it was at ~28 T.", ">\n\nThe title of this post is deficit", ">\n\nThe great thing about the comment section of reddit is we get to talk about things not strictly pertaining to the subject of the post", ">\n\nDems always lower the deficit, and Republicans always explode it, but stupid brainwashed clowns believe otherwise", ">\n\nI keep hearing that but haven’t been able to find any sort of breakdown. Does anyone have a resource or like a timeline that shows national debt and who’s in charge of the senate, house, White House, etc?", ">\n\nThe Republicans under W did not let anything stop them from cutting taxes. Not even concurrent wars in Afghanistan and Iraq.", ">\n\ncorrect. they use \"tax and spend democrats\" as a pejorative when they are the cut taxes and spend more republicans. one side is responsible the other not so much", ">\n\nYep. \"Tax and spend\" vs. \"don't tax and spend more.\" The hypocrisy drives me insane.", ">\n\nThat can’t be right….I thought that when librul commies always blow up the deficit?", ">\n\nIt’s all good, it’s republicans in the photo like they did a fucking thing about it", ">\n\nSo it looks like the old man, Biden,b and the Democrats know what he is doing. 👏👏👏👏", ">\n\nImagine how much lower if they taxed the rich", ">\n\nOr if we had the same tax rates that Saint Reagan had.", ">\n\nand the image is of the new gop congress??", ">\n\nRight!", ">\n\nWhy show republicans in m article bout the deficit falling when they had absolutely nothing to do with it?", ">\n\nWhy is there an image of Republicans under the title. WTF", ">\n\nWas thinking the same thing", ">\n\n2 years and the Biden Admin cut the deficit down by more than half. The GOP House: “we can’t have that!”", ">\n\nAnd the Republicans claim otherwise. \nIt’s a shame that their followers don’t believe printed numbers from reliable sources vs fallacies spewed from their lying mouths" ]
> Why did the deficit fall - because Democrats were in charge. Then the cult liars lie to win more House seats and instead of continuing to reduce the debt, the cult wants to defund the new IRS hires set to recover billions from wealthy tax cheats. They are also taking away the metal detectors in the Capitol, abolishing the Ethics Committee and refusing to say one peep against George Santos.
[ "anyone remember the Clinton budget surplus? some of us do. no wonder the gqp lost its sh*t over him", ">\n\nI remember. And I was young too but EVERYONE was talking about it.", ">\n\nIt is possible to have a prosperous country and budget surplus in government but it requires Democrats in charge.", ">\n\nSo it'll never happen in America.", ">\n\nIf we still have a democracy in a few years, younger generations (Millennials and Zoomers) are about to overtake Baby Boomers in voting numbers, are growing more and more politically engaged and increasingly hate conservatism with a passion.", ">\n\nSaddest part of this is that we’ve had the numbers to at least match boomers at the polls for years, but Millennial turnout just broke 50% a few years ago.", ">\n\nWe're trying. I got my wife to vote for the first time ever, and we just turned 30", ">\n\nLol why is the picture a picture of Kevin McCarthy shaking someone's hand?", ">\n\nBecause it works on a non zero percent of people.", ">\n\nWhat does?", ">\n\nThe subtle implication that the brand-new Speaker of the House had something to do with lowering the deficit.", ">\n\nWhy would the times do that?", ">\n\nJournalism has been dead for awhile now and is mostly just a political dog show now.", ">\n\nDebt is not the same as deficit", ">\n\nNot sure I follow your point. You would agree that deficit spending results in debt, correct? \nTrump's tax cuts to the 1% for their historic stock buyback resulted in the third-biggest deficit increase of any president.", ">\n\nYes I would. But people use debt and deficit interchangeably and they are different calculations", ">\n\nAnd what does that have to do with the person you were responding to?", ">\n\nBecause this post is about deficit and they're talking about debt", ">\n\nExcept they're actually talking about debt. Did you even look at their link?\nBefore Trump the DEBT was at ~20 T. After Trump it was at ~28 T.", ">\n\nThe title of this post is deficit", ">\n\nThe great thing about the comment section of reddit is we get to talk about things not strictly pertaining to the subject of the post", ">\n\nDems always lower the deficit, and Republicans always explode it, but stupid brainwashed clowns believe otherwise", ">\n\nI keep hearing that but haven’t been able to find any sort of breakdown. Does anyone have a resource or like a timeline that shows national debt and who’s in charge of the senate, house, White House, etc?", ">\n\nThe Republicans under W did not let anything stop them from cutting taxes. Not even concurrent wars in Afghanistan and Iraq.", ">\n\ncorrect. they use \"tax and spend democrats\" as a pejorative when they are the cut taxes and spend more republicans. one side is responsible the other not so much", ">\n\nYep. \"Tax and spend\" vs. \"don't tax and spend more.\" The hypocrisy drives me insane.", ">\n\nThat can’t be right….I thought that when librul commies always blow up the deficit?", ">\n\nIt’s all good, it’s republicans in the photo like they did a fucking thing about it", ">\n\nSo it looks like the old man, Biden,b and the Democrats know what he is doing. 👏👏👏👏", ">\n\nImagine how much lower if they taxed the rich", ">\n\nOr if we had the same tax rates that Saint Reagan had.", ">\n\nand the image is of the new gop congress??", ">\n\nRight!", ">\n\nWhy show republicans in m article bout the deficit falling when they had absolutely nothing to do with it?", ">\n\nWhy is there an image of Republicans under the title. WTF", ">\n\nWas thinking the same thing", ">\n\n2 years and the Biden Admin cut the deficit down by more than half. The GOP House: “we can’t have that!”", ">\n\nAnd the Republicans claim otherwise. \nIt’s a shame that their followers don’t believe printed numbers from reliable sources vs fallacies spewed from their lying mouths", ">\n\nDon’t get used to it. The NatC’s are making it their platform to raise that figure as high as possible." ]
> Those tax and spend democrats are at it again….
[ "anyone remember the Clinton budget surplus? some of us do. no wonder the gqp lost its sh*t over him", ">\n\nI remember. And I was young too but EVERYONE was talking about it.", ">\n\nIt is possible to have a prosperous country and budget surplus in government but it requires Democrats in charge.", ">\n\nSo it'll never happen in America.", ">\n\nIf we still have a democracy in a few years, younger generations (Millennials and Zoomers) are about to overtake Baby Boomers in voting numbers, are growing more and more politically engaged and increasingly hate conservatism with a passion.", ">\n\nSaddest part of this is that we’ve had the numbers to at least match boomers at the polls for years, but Millennial turnout just broke 50% a few years ago.", ">\n\nWe're trying. I got my wife to vote for the first time ever, and we just turned 30", ">\n\nLol why is the picture a picture of Kevin McCarthy shaking someone's hand?", ">\n\nBecause it works on a non zero percent of people.", ">\n\nWhat does?", ">\n\nThe subtle implication that the brand-new Speaker of the House had something to do with lowering the deficit.", ">\n\nWhy would the times do that?", ">\n\nJournalism has been dead for awhile now and is mostly just a political dog show now.", ">\n\nDebt is not the same as deficit", ">\n\nNot sure I follow your point. You would agree that deficit spending results in debt, correct? \nTrump's tax cuts to the 1% for their historic stock buyback resulted in the third-biggest deficit increase of any president.", ">\n\nYes I would. But people use debt and deficit interchangeably and they are different calculations", ">\n\nAnd what does that have to do with the person you were responding to?", ">\n\nBecause this post is about deficit and they're talking about debt", ">\n\nExcept they're actually talking about debt. Did you even look at their link?\nBefore Trump the DEBT was at ~20 T. After Trump it was at ~28 T.", ">\n\nThe title of this post is deficit", ">\n\nThe great thing about the comment section of reddit is we get to talk about things not strictly pertaining to the subject of the post", ">\n\nDems always lower the deficit, and Republicans always explode it, but stupid brainwashed clowns believe otherwise", ">\n\nI keep hearing that but haven’t been able to find any sort of breakdown. Does anyone have a resource or like a timeline that shows national debt and who’s in charge of the senate, house, White House, etc?", ">\n\nThe Republicans under W did not let anything stop them from cutting taxes. Not even concurrent wars in Afghanistan and Iraq.", ">\n\ncorrect. they use \"tax and spend democrats\" as a pejorative when they are the cut taxes and spend more republicans. one side is responsible the other not so much", ">\n\nYep. \"Tax and spend\" vs. \"don't tax and spend more.\" The hypocrisy drives me insane.", ">\n\nThat can’t be right….I thought that when librul commies always blow up the deficit?", ">\n\nIt’s all good, it’s republicans in the photo like they did a fucking thing about it", ">\n\nSo it looks like the old man, Biden,b and the Democrats know what he is doing. 👏👏👏👏", ">\n\nImagine how much lower if they taxed the rich", ">\n\nOr if we had the same tax rates that Saint Reagan had.", ">\n\nand the image is of the new gop congress??", ">\n\nRight!", ">\n\nWhy show republicans in m article bout the deficit falling when they had absolutely nothing to do with it?", ">\n\nWhy is there an image of Republicans under the title. WTF", ">\n\nWas thinking the same thing", ">\n\n2 years and the Biden Admin cut the deficit down by more than half. The GOP House: “we can’t have that!”", ">\n\nAnd the Republicans claim otherwise. \nIt’s a shame that their followers don’t believe printed numbers from reliable sources vs fallacies spewed from their lying mouths", ">\n\nDon’t get used to it. The NatC’s are making it their platform to raise that figure as high as possible.", ">\n\nWhy did the deficit fall - because Democrats were in charge. Then the cult liars lie to win more House seats and instead of continuing to reduce the debt, the cult wants to defund the new IRS hires set to recover billions from wealthy tax cheats. They are also taking away the metal detectors in the Capitol, abolishing the Ethics Committee and refusing to say one peep against George Santos." ]
> Please remember, deficit is different than debt
[ "anyone remember the Clinton budget surplus? some of us do. no wonder the gqp lost its sh*t over him", ">\n\nI remember. And I was young too but EVERYONE was talking about it.", ">\n\nIt is possible to have a prosperous country and budget surplus in government but it requires Democrats in charge.", ">\n\nSo it'll never happen in America.", ">\n\nIf we still have a democracy in a few years, younger generations (Millennials and Zoomers) are about to overtake Baby Boomers in voting numbers, are growing more and more politically engaged and increasingly hate conservatism with a passion.", ">\n\nSaddest part of this is that we’ve had the numbers to at least match boomers at the polls for years, but Millennial turnout just broke 50% a few years ago.", ">\n\nWe're trying. I got my wife to vote for the first time ever, and we just turned 30", ">\n\nLol why is the picture a picture of Kevin McCarthy shaking someone's hand?", ">\n\nBecause it works on a non zero percent of people.", ">\n\nWhat does?", ">\n\nThe subtle implication that the brand-new Speaker of the House had something to do with lowering the deficit.", ">\n\nWhy would the times do that?", ">\n\nJournalism has been dead for awhile now and is mostly just a political dog show now.", ">\n\nDebt is not the same as deficit", ">\n\nNot sure I follow your point. You would agree that deficit spending results in debt, correct? \nTrump's tax cuts to the 1% for their historic stock buyback resulted in the third-biggest deficit increase of any president.", ">\n\nYes I would. But people use debt and deficit interchangeably and they are different calculations", ">\n\nAnd what does that have to do with the person you were responding to?", ">\n\nBecause this post is about deficit and they're talking about debt", ">\n\nExcept they're actually talking about debt. Did you even look at their link?\nBefore Trump the DEBT was at ~20 T. After Trump it was at ~28 T.", ">\n\nThe title of this post is deficit", ">\n\nThe great thing about the comment section of reddit is we get to talk about things not strictly pertaining to the subject of the post", ">\n\nDems always lower the deficit, and Republicans always explode it, but stupid brainwashed clowns believe otherwise", ">\n\nI keep hearing that but haven’t been able to find any sort of breakdown. Does anyone have a resource or like a timeline that shows national debt and who’s in charge of the senate, house, White House, etc?", ">\n\nThe Republicans under W did not let anything stop them from cutting taxes. Not even concurrent wars in Afghanistan and Iraq.", ">\n\ncorrect. they use \"tax and spend democrats\" as a pejorative when they are the cut taxes and spend more republicans. one side is responsible the other not so much", ">\n\nYep. \"Tax and spend\" vs. \"don't tax and spend more.\" The hypocrisy drives me insane.", ">\n\nThat can’t be right….I thought that when librul commies always blow up the deficit?", ">\n\nIt’s all good, it’s republicans in the photo like they did a fucking thing about it", ">\n\nSo it looks like the old man, Biden,b and the Democrats know what he is doing. 👏👏👏👏", ">\n\nImagine how much lower if they taxed the rich", ">\n\nOr if we had the same tax rates that Saint Reagan had.", ">\n\nand the image is of the new gop congress??", ">\n\nRight!", ">\n\nWhy show republicans in m article bout the deficit falling when they had absolutely nothing to do with it?", ">\n\nWhy is there an image of Republicans under the title. WTF", ">\n\nWas thinking the same thing", ">\n\n2 years and the Biden Admin cut the deficit down by more than half. The GOP House: “we can’t have that!”", ">\n\nAnd the Republicans claim otherwise. \nIt’s a shame that their followers don’t believe printed numbers from reliable sources vs fallacies spewed from their lying mouths", ">\n\nDon’t get used to it. The NatC’s are making it their platform to raise that figure as high as possible.", ">\n\nWhy did the deficit fall - because Democrats were in charge. Then the cult liars lie to win more House seats and instead of continuing to reduce the debt, the cult wants to defund the new IRS hires set to recover billions from wealthy tax cheats. They are also taking away the metal detectors in the Capitol, abolishing the Ethics Committee and refusing to say one peep against George Santos.", ">\n\nThose tax and spend democrats are at it again…." ]
> Came here for this. I hope it’s bumped. My understanding is: - Deficit: How much you lose every year from operations - Debt: How much you owe over time So if we’re spending $1 billion more than we make every year (not an accurate number) - we have a $1B deficit. If you did that for 10 years (with no initial debt) you’d have a $10B National Debt. Lowering the deficit is the first (only?) step towards lowering the National Debt but the National Debt will never be lowered until the deficit is eliminated and there is a surplus. The hope is always that the next generation will dig us out while we live the good life. Kinda like if your parents put their whole life on credit card and left you the bill when they died. Oops! shrugs in Boomer
[ "anyone remember the Clinton budget surplus? some of us do. no wonder the gqp lost its sh*t over him", ">\n\nI remember. And I was young too but EVERYONE was talking about it.", ">\n\nIt is possible to have a prosperous country and budget surplus in government but it requires Democrats in charge.", ">\n\nSo it'll never happen in America.", ">\n\nIf we still have a democracy in a few years, younger generations (Millennials and Zoomers) are about to overtake Baby Boomers in voting numbers, are growing more and more politically engaged and increasingly hate conservatism with a passion.", ">\n\nSaddest part of this is that we’ve had the numbers to at least match boomers at the polls for years, but Millennial turnout just broke 50% a few years ago.", ">\n\nWe're trying. I got my wife to vote for the first time ever, and we just turned 30", ">\n\nLol why is the picture a picture of Kevin McCarthy shaking someone's hand?", ">\n\nBecause it works on a non zero percent of people.", ">\n\nWhat does?", ">\n\nThe subtle implication that the brand-new Speaker of the House had something to do with lowering the deficit.", ">\n\nWhy would the times do that?", ">\n\nJournalism has been dead for awhile now and is mostly just a political dog show now.", ">\n\nDebt is not the same as deficit", ">\n\nNot sure I follow your point. You would agree that deficit spending results in debt, correct? \nTrump's tax cuts to the 1% for their historic stock buyback resulted in the third-biggest deficit increase of any president.", ">\n\nYes I would. But people use debt and deficit interchangeably and they are different calculations", ">\n\nAnd what does that have to do with the person you were responding to?", ">\n\nBecause this post is about deficit and they're talking about debt", ">\n\nExcept they're actually talking about debt. Did you even look at their link?\nBefore Trump the DEBT was at ~20 T. After Trump it was at ~28 T.", ">\n\nThe title of this post is deficit", ">\n\nThe great thing about the comment section of reddit is we get to talk about things not strictly pertaining to the subject of the post", ">\n\nDems always lower the deficit, and Republicans always explode it, but stupid brainwashed clowns believe otherwise", ">\n\nI keep hearing that but haven’t been able to find any sort of breakdown. Does anyone have a resource or like a timeline that shows national debt and who’s in charge of the senate, house, White House, etc?", ">\n\nThe Republicans under W did not let anything stop them from cutting taxes. Not even concurrent wars in Afghanistan and Iraq.", ">\n\ncorrect. they use \"tax and spend democrats\" as a pejorative when they are the cut taxes and spend more republicans. one side is responsible the other not so much", ">\n\nYep. \"Tax and spend\" vs. \"don't tax and spend more.\" The hypocrisy drives me insane.", ">\n\nThat can’t be right….I thought that when librul commies always blow up the deficit?", ">\n\nIt’s all good, it’s republicans in the photo like they did a fucking thing about it", ">\n\nSo it looks like the old man, Biden,b and the Democrats know what he is doing. 👏👏👏👏", ">\n\nImagine how much lower if they taxed the rich", ">\n\nOr if we had the same tax rates that Saint Reagan had.", ">\n\nand the image is of the new gop congress??", ">\n\nRight!", ">\n\nWhy show republicans in m article bout the deficit falling when they had absolutely nothing to do with it?", ">\n\nWhy is there an image of Republicans under the title. WTF", ">\n\nWas thinking the same thing", ">\n\n2 years and the Biden Admin cut the deficit down by more than half. The GOP House: “we can’t have that!”", ">\n\nAnd the Republicans claim otherwise. \nIt’s a shame that their followers don’t believe printed numbers from reliable sources vs fallacies spewed from their lying mouths", ">\n\nDon’t get used to it. The NatC’s are making it their platform to raise that figure as high as possible.", ">\n\nWhy did the deficit fall - because Democrats were in charge. Then the cult liars lie to win more House seats and instead of continuing to reduce the debt, the cult wants to defund the new IRS hires set to recover billions from wealthy tax cheats. They are also taking away the metal detectors in the Capitol, abolishing the Ethics Committee and refusing to say one peep against George Santos.", ">\n\nThose tax and spend democrats are at it again….", ">\n\nPlease remember, deficit is different than debt" ]
> Scary that a $1.4T deficit is viewed as a good thing. The days of a surplus (Clinton) and even $400B deficits (Obama) are long gone.
[ "anyone remember the Clinton budget surplus? some of us do. no wonder the gqp lost its sh*t over him", ">\n\nI remember. And I was young too but EVERYONE was talking about it.", ">\n\nIt is possible to have a prosperous country and budget surplus in government but it requires Democrats in charge.", ">\n\nSo it'll never happen in America.", ">\n\nIf we still have a democracy in a few years, younger generations (Millennials and Zoomers) are about to overtake Baby Boomers in voting numbers, are growing more and more politically engaged and increasingly hate conservatism with a passion.", ">\n\nSaddest part of this is that we’ve had the numbers to at least match boomers at the polls for years, but Millennial turnout just broke 50% a few years ago.", ">\n\nWe're trying. I got my wife to vote for the first time ever, and we just turned 30", ">\n\nLol why is the picture a picture of Kevin McCarthy shaking someone's hand?", ">\n\nBecause it works on a non zero percent of people.", ">\n\nWhat does?", ">\n\nThe subtle implication that the brand-new Speaker of the House had something to do with lowering the deficit.", ">\n\nWhy would the times do that?", ">\n\nJournalism has been dead for awhile now and is mostly just a political dog show now.", ">\n\nDebt is not the same as deficit", ">\n\nNot sure I follow your point. You would agree that deficit spending results in debt, correct? \nTrump's tax cuts to the 1% for their historic stock buyback resulted in the third-biggest deficit increase of any president.", ">\n\nYes I would. But people use debt and deficit interchangeably and they are different calculations", ">\n\nAnd what does that have to do with the person you were responding to?", ">\n\nBecause this post is about deficit and they're talking about debt", ">\n\nExcept they're actually talking about debt. Did you even look at their link?\nBefore Trump the DEBT was at ~20 T. After Trump it was at ~28 T.", ">\n\nThe title of this post is deficit", ">\n\nThe great thing about the comment section of reddit is we get to talk about things not strictly pertaining to the subject of the post", ">\n\nDems always lower the deficit, and Republicans always explode it, but stupid brainwashed clowns believe otherwise", ">\n\nI keep hearing that but haven’t been able to find any sort of breakdown. Does anyone have a resource or like a timeline that shows national debt and who’s in charge of the senate, house, White House, etc?", ">\n\nThe Republicans under W did not let anything stop them from cutting taxes. Not even concurrent wars in Afghanistan and Iraq.", ">\n\ncorrect. they use \"tax and spend democrats\" as a pejorative when they are the cut taxes and spend more republicans. one side is responsible the other not so much", ">\n\nYep. \"Tax and spend\" vs. \"don't tax and spend more.\" The hypocrisy drives me insane.", ">\n\nThat can’t be right….I thought that when librul commies always blow up the deficit?", ">\n\nIt’s all good, it’s republicans in the photo like they did a fucking thing about it", ">\n\nSo it looks like the old man, Biden,b and the Democrats know what he is doing. 👏👏👏👏", ">\n\nImagine how much lower if they taxed the rich", ">\n\nOr if we had the same tax rates that Saint Reagan had.", ">\n\nand the image is of the new gop congress??", ">\n\nRight!", ">\n\nWhy show republicans in m article bout the deficit falling when they had absolutely nothing to do with it?", ">\n\nWhy is there an image of Republicans under the title. WTF", ">\n\nWas thinking the same thing", ">\n\n2 years and the Biden Admin cut the deficit down by more than half. The GOP House: “we can’t have that!”", ">\n\nAnd the Republicans claim otherwise. \nIt’s a shame that their followers don’t believe printed numbers from reliable sources vs fallacies spewed from their lying mouths", ">\n\nDon’t get used to it. The NatC’s are making it their platform to raise that figure as high as possible.", ">\n\nWhy did the deficit fall - because Democrats were in charge. Then the cult liars lie to win more House seats and instead of continuing to reduce the debt, the cult wants to defund the new IRS hires set to recover billions from wealthy tax cheats. They are also taking away the metal detectors in the Capitol, abolishing the Ethics Committee and refusing to say one peep against George Santos.", ">\n\nThose tax and spend democrats are at it again….", ">\n\nPlease remember, deficit is different than debt", ">\n\nCame here for this. I hope it’s bumped. \nMy understanding is:\n- Deficit: How much you lose every year from operations\n- Debt: How much you owe over time\nSo if we’re spending $1 billion more than we make every year (not an accurate number) - we have a $1B deficit. \nIf you did that for 10 years (with no initial debt) you’d have a $10B National Debt. \nLowering the deficit is the first (only?) step towards lowering the National Debt but the National Debt will never be lowered until the deficit is eliminated and there is a surplus. \nThe hope is always that the next generation will dig us out while we live the good life. Kinda like if your parents put their whole life on credit card and left you the bill when they died. Oops! shrugs in Boomer" ]
> Unfortunately we have to keep digging out of the hole the Republicans make and it gets deeper and deeper.
[ "anyone remember the Clinton budget surplus? some of us do. no wonder the gqp lost its sh*t over him", ">\n\nI remember. And I was young too but EVERYONE was talking about it.", ">\n\nIt is possible to have a prosperous country and budget surplus in government but it requires Democrats in charge.", ">\n\nSo it'll never happen in America.", ">\n\nIf we still have a democracy in a few years, younger generations (Millennials and Zoomers) are about to overtake Baby Boomers in voting numbers, are growing more and more politically engaged and increasingly hate conservatism with a passion.", ">\n\nSaddest part of this is that we’ve had the numbers to at least match boomers at the polls for years, but Millennial turnout just broke 50% a few years ago.", ">\n\nWe're trying. I got my wife to vote for the first time ever, and we just turned 30", ">\n\nLol why is the picture a picture of Kevin McCarthy shaking someone's hand?", ">\n\nBecause it works on a non zero percent of people.", ">\n\nWhat does?", ">\n\nThe subtle implication that the brand-new Speaker of the House had something to do with lowering the deficit.", ">\n\nWhy would the times do that?", ">\n\nJournalism has been dead for awhile now and is mostly just a political dog show now.", ">\n\nDebt is not the same as deficit", ">\n\nNot sure I follow your point. You would agree that deficit spending results in debt, correct? \nTrump's tax cuts to the 1% for their historic stock buyback resulted in the third-biggest deficit increase of any president.", ">\n\nYes I would. But people use debt and deficit interchangeably and they are different calculations", ">\n\nAnd what does that have to do with the person you were responding to?", ">\n\nBecause this post is about deficit and they're talking about debt", ">\n\nExcept they're actually talking about debt. Did you even look at their link?\nBefore Trump the DEBT was at ~20 T. After Trump it was at ~28 T.", ">\n\nThe title of this post is deficit", ">\n\nThe great thing about the comment section of reddit is we get to talk about things not strictly pertaining to the subject of the post", ">\n\nDems always lower the deficit, and Republicans always explode it, but stupid brainwashed clowns believe otherwise", ">\n\nI keep hearing that but haven’t been able to find any sort of breakdown. Does anyone have a resource or like a timeline that shows national debt and who’s in charge of the senate, house, White House, etc?", ">\n\nThe Republicans under W did not let anything stop them from cutting taxes. Not even concurrent wars in Afghanistan and Iraq.", ">\n\ncorrect. they use \"tax and spend democrats\" as a pejorative when they are the cut taxes and spend more republicans. one side is responsible the other not so much", ">\n\nYep. \"Tax and spend\" vs. \"don't tax and spend more.\" The hypocrisy drives me insane.", ">\n\nThat can’t be right….I thought that when librul commies always blow up the deficit?", ">\n\nIt’s all good, it’s republicans in the photo like they did a fucking thing about it", ">\n\nSo it looks like the old man, Biden,b and the Democrats know what he is doing. 👏👏👏👏", ">\n\nImagine how much lower if they taxed the rich", ">\n\nOr if we had the same tax rates that Saint Reagan had.", ">\n\nand the image is of the new gop congress??", ">\n\nRight!", ">\n\nWhy show republicans in m article bout the deficit falling when they had absolutely nothing to do with it?", ">\n\nWhy is there an image of Republicans under the title. WTF", ">\n\nWas thinking the same thing", ">\n\n2 years and the Biden Admin cut the deficit down by more than half. The GOP House: “we can’t have that!”", ">\n\nAnd the Republicans claim otherwise. \nIt’s a shame that their followers don’t believe printed numbers from reliable sources vs fallacies spewed from their lying mouths", ">\n\nDon’t get used to it. The NatC’s are making it their platform to raise that figure as high as possible.", ">\n\nWhy did the deficit fall - because Democrats were in charge. Then the cult liars lie to win more House seats and instead of continuing to reduce the debt, the cult wants to defund the new IRS hires set to recover billions from wealthy tax cheats. They are also taking away the metal detectors in the Capitol, abolishing the Ethics Committee and refusing to say one peep against George Santos.", ">\n\nThose tax and spend democrats are at it again….", ">\n\nPlease remember, deficit is different than debt", ">\n\nCame here for this. I hope it’s bumped. \nMy understanding is:\n- Deficit: How much you lose every year from operations\n- Debt: How much you owe over time\nSo if we’re spending $1 billion more than we make every year (not an accurate number) - we have a $1B deficit. \nIf you did that for 10 years (with no initial debt) you’d have a $10B National Debt. \nLowering the deficit is the first (only?) step towards lowering the National Debt but the National Debt will never be lowered until the deficit is eliminated and there is a surplus. \nThe hope is always that the next generation will dig us out while we live the good life. Kinda like if your parents put their whole life on credit card and left you the bill when they died. Oops! shrugs in Boomer", ">\n\nScary that a $1.4T deficit is viewed as a good thing. The days of a surplus (Clinton) and even $400B deficits (Obama) are long gone." ]
> Oh thank god. No worries now then, we're fucking saved.
[ "anyone remember the Clinton budget surplus? some of us do. no wonder the gqp lost its sh*t over him", ">\n\nI remember. And I was young too but EVERYONE was talking about it.", ">\n\nIt is possible to have a prosperous country and budget surplus in government but it requires Democrats in charge.", ">\n\nSo it'll never happen in America.", ">\n\nIf we still have a democracy in a few years, younger generations (Millennials and Zoomers) are about to overtake Baby Boomers in voting numbers, are growing more and more politically engaged and increasingly hate conservatism with a passion.", ">\n\nSaddest part of this is that we’ve had the numbers to at least match boomers at the polls for years, but Millennial turnout just broke 50% a few years ago.", ">\n\nWe're trying. I got my wife to vote for the first time ever, and we just turned 30", ">\n\nLol why is the picture a picture of Kevin McCarthy shaking someone's hand?", ">\n\nBecause it works on a non zero percent of people.", ">\n\nWhat does?", ">\n\nThe subtle implication that the brand-new Speaker of the House had something to do with lowering the deficit.", ">\n\nWhy would the times do that?", ">\n\nJournalism has been dead for awhile now and is mostly just a political dog show now.", ">\n\nDebt is not the same as deficit", ">\n\nNot sure I follow your point. You would agree that deficit spending results in debt, correct? \nTrump's tax cuts to the 1% for their historic stock buyback resulted in the third-biggest deficit increase of any president.", ">\n\nYes I would. But people use debt and deficit interchangeably and they are different calculations", ">\n\nAnd what does that have to do with the person you were responding to?", ">\n\nBecause this post is about deficit and they're talking about debt", ">\n\nExcept they're actually talking about debt. Did you even look at their link?\nBefore Trump the DEBT was at ~20 T. After Trump it was at ~28 T.", ">\n\nThe title of this post is deficit", ">\n\nThe great thing about the comment section of reddit is we get to talk about things not strictly pertaining to the subject of the post", ">\n\nDems always lower the deficit, and Republicans always explode it, but stupid brainwashed clowns believe otherwise", ">\n\nI keep hearing that but haven’t been able to find any sort of breakdown. Does anyone have a resource or like a timeline that shows national debt and who’s in charge of the senate, house, White House, etc?", ">\n\nThe Republicans under W did not let anything stop them from cutting taxes. Not even concurrent wars in Afghanistan and Iraq.", ">\n\ncorrect. they use \"tax and spend democrats\" as a pejorative when they are the cut taxes and spend more republicans. one side is responsible the other not so much", ">\n\nYep. \"Tax and spend\" vs. \"don't tax and spend more.\" The hypocrisy drives me insane.", ">\n\nThat can’t be right….I thought that when librul commies always blow up the deficit?", ">\n\nIt’s all good, it’s republicans in the photo like they did a fucking thing about it", ">\n\nSo it looks like the old man, Biden,b and the Democrats know what he is doing. 👏👏👏👏", ">\n\nImagine how much lower if they taxed the rich", ">\n\nOr if we had the same tax rates that Saint Reagan had.", ">\n\nand the image is of the new gop congress??", ">\n\nRight!", ">\n\nWhy show republicans in m article bout the deficit falling when they had absolutely nothing to do with it?", ">\n\nWhy is there an image of Republicans under the title. WTF", ">\n\nWas thinking the same thing", ">\n\n2 years and the Biden Admin cut the deficit down by more than half. The GOP House: “we can’t have that!”", ">\n\nAnd the Republicans claim otherwise. \nIt’s a shame that their followers don’t believe printed numbers from reliable sources vs fallacies spewed from their lying mouths", ">\n\nDon’t get used to it. The NatC’s are making it their platform to raise that figure as high as possible.", ">\n\nWhy did the deficit fall - because Democrats were in charge. Then the cult liars lie to win more House seats and instead of continuing to reduce the debt, the cult wants to defund the new IRS hires set to recover billions from wealthy tax cheats. They are also taking away the metal detectors in the Capitol, abolishing the Ethics Committee and refusing to say one peep against George Santos.", ">\n\nThose tax and spend democrats are at it again….", ">\n\nPlease remember, deficit is different than debt", ">\n\nCame here for this. I hope it’s bumped. \nMy understanding is:\n- Deficit: How much you lose every year from operations\n- Debt: How much you owe over time\nSo if we’re spending $1 billion more than we make every year (not an accurate number) - we have a $1B deficit. \nIf you did that for 10 years (with no initial debt) you’d have a $10B National Debt. \nLowering the deficit is the first (only?) step towards lowering the National Debt but the National Debt will never be lowered until the deficit is eliminated and there is a surplus. \nThe hope is always that the next generation will dig us out while we live the good life. Kinda like if your parents put their whole life on credit card and left you the bill when they died. Oops! shrugs in Boomer", ">\n\nScary that a $1.4T deficit is viewed as a good thing. The days of a surplus (Clinton) and even $400B deficits (Obama) are long gone.", ">\n\nUnfortunately we have to keep digging out of the hole the Republicans make and it gets deeper and deeper." ]
> Heyy! Only 1.4T a year! 😔
[ "anyone remember the Clinton budget surplus? some of us do. no wonder the gqp lost its sh*t over him", ">\n\nI remember. And I was young too but EVERYONE was talking about it.", ">\n\nIt is possible to have a prosperous country and budget surplus in government but it requires Democrats in charge.", ">\n\nSo it'll never happen in America.", ">\n\nIf we still have a democracy in a few years, younger generations (Millennials and Zoomers) are about to overtake Baby Boomers in voting numbers, are growing more and more politically engaged and increasingly hate conservatism with a passion.", ">\n\nSaddest part of this is that we’ve had the numbers to at least match boomers at the polls for years, but Millennial turnout just broke 50% a few years ago.", ">\n\nWe're trying. I got my wife to vote for the first time ever, and we just turned 30", ">\n\nLol why is the picture a picture of Kevin McCarthy shaking someone's hand?", ">\n\nBecause it works on a non zero percent of people.", ">\n\nWhat does?", ">\n\nThe subtle implication that the brand-new Speaker of the House had something to do with lowering the deficit.", ">\n\nWhy would the times do that?", ">\n\nJournalism has been dead for awhile now and is mostly just a political dog show now.", ">\n\nDebt is not the same as deficit", ">\n\nNot sure I follow your point. You would agree that deficit spending results in debt, correct? \nTrump's tax cuts to the 1% for their historic stock buyback resulted in the third-biggest deficit increase of any president.", ">\n\nYes I would. But people use debt and deficit interchangeably and they are different calculations", ">\n\nAnd what does that have to do with the person you were responding to?", ">\n\nBecause this post is about deficit and they're talking about debt", ">\n\nExcept they're actually talking about debt. Did you even look at their link?\nBefore Trump the DEBT was at ~20 T. After Trump it was at ~28 T.", ">\n\nThe title of this post is deficit", ">\n\nThe great thing about the comment section of reddit is we get to talk about things not strictly pertaining to the subject of the post", ">\n\nDems always lower the deficit, and Republicans always explode it, but stupid brainwashed clowns believe otherwise", ">\n\nI keep hearing that but haven’t been able to find any sort of breakdown. Does anyone have a resource or like a timeline that shows national debt and who’s in charge of the senate, house, White House, etc?", ">\n\nThe Republicans under W did not let anything stop them from cutting taxes. Not even concurrent wars in Afghanistan and Iraq.", ">\n\ncorrect. they use \"tax and spend democrats\" as a pejorative when they are the cut taxes and spend more republicans. one side is responsible the other not so much", ">\n\nYep. \"Tax and spend\" vs. \"don't tax and spend more.\" The hypocrisy drives me insane.", ">\n\nThat can’t be right….I thought that when librul commies always blow up the deficit?", ">\n\nIt’s all good, it’s republicans in the photo like they did a fucking thing about it", ">\n\nSo it looks like the old man, Biden,b and the Democrats know what he is doing. 👏👏👏👏", ">\n\nImagine how much lower if they taxed the rich", ">\n\nOr if we had the same tax rates that Saint Reagan had.", ">\n\nand the image is of the new gop congress??", ">\n\nRight!", ">\n\nWhy show republicans in m article bout the deficit falling when they had absolutely nothing to do with it?", ">\n\nWhy is there an image of Republicans under the title. WTF", ">\n\nWas thinking the same thing", ">\n\n2 years and the Biden Admin cut the deficit down by more than half. The GOP House: “we can’t have that!”", ">\n\nAnd the Republicans claim otherwise. \nIt’s a shame that their followers don’t believe printed numbers from reliable sources vs fallacies spewed from their lying mouths", ">\n\nDon’t get used to it. The NatC’s are making it their platform to raise that figure as high as possible.", ">\n\nWhy did the deficit fall - because Democrats were in charge. Then the cult liars lie to win more House seats and instead of continuing to reduce the debt, the cult wants to defund the new IRS hires set to recover billions from wealthy tax cheats. They are also taking away the metal detectors in the Capitol, abolishing the Ethics Committee and refusing to say one peep against George Santos.", ">\n\nThose tax and spend democrats are at it again….", ">\n\nPlease remember, deficit is different than debt", ">\n\nCame here for this. I hope it’s bumped. \nMy understanding is:\n- Deficit: How much you lose every year from operations\n- Debt: How much you owe over time\nSo if we’re spending $1 billion more than we make every year (not an accurate number) - we have a $1B deficit. \nIf you did that for 10 years (with no initial debt) you’d have a $10B National Debt. \nLowering the deficit is the first (only?) step towards lowering the National Debt but the National Debt will never be lowered until the deficit is eliminated and there is a surplus. \nThe hope is always that the next generation will dig us out while we live the good life. Kinda like if your parents put their whole life on credit card and left you the bill when they died. Oops! shrugs in Boomer", ">\n\nScary that a $1.4T deficit is viewed as a good thing. The days of a surplus (Clinton) and even $400B deficits (Obama) are long gone.", ">\n\nUnfortunately we have to keep digging out of the hole the Republicans make and it gets deeper and deeper.", ">\n\nOh thank god. No worries now then, we're fucking saved." ]
> And now the sociopathic trumphumping GOP in the House are going to spend until it skyrockets, despite of promising to reduce it.
[ "anyone remember the Clinton budget surplus? some of us do. no wonder the gqp lost its sh*t over him", ">\n\nI remember. And I was young too but EVERYONE was talking about it.", ">\n\nIt is possible to have a prosperous country and budget surplus in government but it requires Democrats in charge.", ">\n\nSo it'll never happen in America.", ">\n\nIf we still have a democracy in a few years, younger generations (Millennials and Zoomers) are about to overtake Baby Boomers in voting numbers, are growing more and more politically engaged and increasingly hate conservatism with a passion.", ">\n\nSaddest part of this is that we’ve had the numbers to at least match boomers at the polls for years, but Millennial turnout just broke 50% a few years ago.", ">\n\nWe're trying. I got my wife to vote for the first time ever, and we just turned 30", ">\n\nLol why is the picture a picture of Kevin McCarthy shaking someone's hand?", ">\n\nBecause it works on a non zero percent of people.", ">\n\nWhat does?", ">\n\nThe subtle implication that the brand-new Speaker of the House had something to do with lowering the deficit.", ">\n\nWhy would the times do that?", ">\n\nJournalism has been dead for awhile now and is mostly just a political dog show now.", ">\n\nDebt is not the same as deficit", ">\n\nNot sure I follow your point. You would agree that deficit spending results in debt, correct? \nTrump's tax cuts to the 1% for their historic stock buyback resulted in the third-biggest deficit increase of any president.", ">\n\nYes I would. But people use debt and deficit interchangeably and they are different calculations", ">\n\nAnd what does that have to do with the person you were responding to?", ">\n\nBecause this post is about deficit and they're talking about debt", ">\n\nExcept they're actually talking about debt. Did you even look at their link?\nBefore Trump the DEBT was at ~20 T. After Trump it was at ~28 T.", ">\n\nThe title of this post is deficit", ">\n\nThe great thing about the comment section of reddit is we get to talk about things not strictly pertaining to the subject of the post", ">\n\nDems always lower the deficit, and Republicans always explode it, but stupid brainwashed clowns believe otherwise", ">\n\nI keep hearing that but haven’t been able to find any sort of breakdown. Does anyone have a resource or like a timeline that shows national debt and who’s in charge of the senate, house, White House, etc?", ">\n\nThe Republicans under W did not let anything stop them from cutting taxes. Not even concurrent wars in Afghanistan and Iraq.", ">\n\ncorrect. they use \"tax and spend democrats\" as a pejorative when they are the cut taxes and spend more republicans. one side is responsible the other not so much", ">\n\nYep. \"Tax and spend\" vs. \"don't tax and spend more.\" The hypocrisy drives me insane.", ">\n\nThat can’t be right….I thought that when librul commies always blow up the deficit?", ">\n\nIt’s all good, it’s republicans in the photo like they did a fucking thing about it", ">\n\nSo it looks like the old man, Biden,b and the Democrats know what he is doing. 👏👏👏👏", ">\n\nImagine how much lower if they taxed the rich", ">\n\nOr if we had the same tax rates that Saint Reagan had.", ">\n\nand the image is of the new gop congress??", ">\n\nRight!", ">\n\nWhy show republicans in m article bout the deficit falling when they had absolutely nothing to do with it?", ">\n\nWhy is there an image of Republicans under the title. WTF", ">\n\nWas thinking the same thing", ">\n\n2 years and the Biden Admin cut the deficit down by more than half. The GOP House: “we can’t have that!”", ">\n\nAnd the Republicans claim otherwise. \nIt’s a shame that their followers don’t believe printed numbers from reliable sources vs fallacies spewed from their lying mouths", ">\n\nDon’t get used to it. The NatC’s are making it their platform to raise that figure as high as possible.", ">\n\nWhy did the deficit fall - because Democrats were in charge. Then the cult liars lie to win more House seats and instead of continuing to reduce the debt, the cult wants to defund the new IRS hires set to recover billions from wealthy tax cheats. They are also taking away the metal detectors in the Capitol, abolishing the Ethics Committee and refusing to say one peep against George Santos.", ">\n\nThose tax and spend democrats are at it again….", ">\n\nPlease remember, deficit is different than debt", ">\n\nCame here for this. I hope it’s bumped. \nMy understanding is:\n- Deficit: How much you lose every year from operations\n- Debt: How much you owe over time\nSo if we’re spending $1 billion more than we make every year (not an accurate number) - we have a $1B deficit. \nIf you did that for 10 years (with no initial debt) you’d have a $10B National Debt. \nLowering the deficit is the first (only?) step towards lowering the National Debt but the National Debt will never be lowered until the deficit is eliminated and there is a surplus. \nThe hope is always that the next generation will dig us out while we live the good life. Kinda like if your parents put their whole life on credit card and left you the bill when they died. Oops! shrugs in Boomer", ">\n\nScary that a $1.4T deficit is viewed as a good thing. The days of a surplus (Clinton) and even $400B deficits (Obama) are long gone.", ">\n\nUnfortunately we have to keep digging out of the hole the Republicans make and it gets deeper and deeper.", ">\n\nOh thank god. No worries now then, we're fucking saved.", ">\n\nHeyy! Only 1.4T a year! 😔" ]
> The federal budget deficit fell to $1.4 trillion for the 2022 calendar year, Yay! down from $2.6 trillion a year ago, as pandemic emergency spending slowed Oh. I guess it's not hard to go down from all that emergency spending. It seemed like much better news without context.
[ "anyone remember the Clinton budget surplus? some of us do. no wonder the gqp lost its sh*t over him", ">\n\nI remember. And I was young too but EVERYONE was talking about it.", ">\n\nIt is possible to have a prosperous country and budget surplus in government but it requires Democrats in charge.", ">\n\nSo it'll never happen in America.", ">\n\nIf we still have a democracy in a few years, younger generations (Millennials and Zoomers) are about to overtake Baby Boomers in voting numbers, are growing more and more politically engaged and increasingly hate conservatism with a passion.", ">\n\nSaddest part of this is that we’ve had the numbers to at least match boomers at the polls for years, but Millennial turnout just broke 50% a few years ago.", ">\n\nWe're trying. I got my wife to vote for the first time ever, and we just turned 30", ">\n\nLol why is the picture a picture of Kevin McCarthy shaking someone's hand?", ">\n\nBecause it works on a non zero percent of people.", ">\n\nWhat does?", ">\n\nThe subtle implication that the brand-new Speaker of the House had something to do with lowering the deficit.", ">\n\nWhy would the times do that?", ">\n\nJournalism has been dead for awhile now and is mostly just a political dog show now.", ">\n\nDebt is not the same as deficit", ">\n\nNot sure I follow your point. You would agree that deficit spending results in debt, correct? \nTrump's tax cuts to the 1% for their historic stock buyback resulted in the third-biggest deficit increase of any president.", ">\n\nYes I would. But people use debt and deficit interchangeably and they are different calculations", ">\n\nAnd what does that have to do with the person you were responding to?", ">\n\nBecause this post is about deficit and they're talking about debt", ">\n\nExcept they're actually talking about debt. Did you even look at their link?\nBefore Trump the DEBT was at ~20 T. After Trump it was at ~28 T.", ">\n\nThe title of this post is deficit", ">\n\nThe great thing about the comment section of reddit is we get to talk about things not strictly pertaining to the subject of the post", ">\n\nDems always lower the deficit, and Republicans always explode it, but stupid brainwashed clowns believe otherwise", ">\n\nI keep hearing that but haven’t been able to find any sort of breakdown. Does anyone have a resource or like a timeline that shows national debt and who’s in charge of the senate, house, White House, etc?", ">\n\nThe Republicans under W did not let anything stop them from cutting taxes. Not even concurrent wars in Afghanistan and Iraq.", ">\n\ncorrect. they use \"tax and spend democrats\" as a pejorative when they are the cut taxes and spend more republicans. one side is responsible the other not so much", ">\n\nYep. \"Tax and spend\" vs. \"don't tax and spend more.\" The hypocrisy drives me insane.", ">\n\nThat can’t be right….I thought that when librul commies always blow up the deficit?", ">\n\nIt’s all good, it’s republicans in the photo like they did a fucking thing about it", ">\n\nSo it looks like the old man, Biden,b and the Democrats know what he is doing. 👏👏👏👏", ">\n\nImagine how much lower if they taxed the rich", ">\n\nOr if we had the same tax rates that Saint Reagan had.", ">\n\nand the image is of the new gop congress??", ">\n\nRight!", ">\n\nWhy show republicans in m article bout the deficit falling when they had absolutely nothing to do with it?", ">\n\nWhy is there an image of Republicans under the title. WTF", ">\n\nWas thinking the same thing", ">\n\n2 years and the Biden Admin cut the deficit down by more than half. The GOP House: “we can’t have that!”", ">\n\nAnd the Republicans claim otherwise. \nIt’s a shame that their followers don’t believe printed numbers from reliable sources vs fallacies spewed from their lying mouths", ">\n\nDon’t get used to it. The NatC’s are making it their platform to raise that figure as high as possible.", ">\n\nWhy did the deficit fall - because Democrats were in charge. Then the cult liars lie to win more House seats and instead of continuing to reduce the debt, the cult wants to defund the new IRS hires set to recover billions from wealthy tax cheats. They are also taking away the metal detectors in the Capitol, abolishing the Ethics Committee and refusing to say one peep against George Santos.", ">\n\nThose tax and spend democrats are at it again….", ">\n\nPlease remember, deficit is different than debt", ">\n\nCame here for this. I hope it’s bumped. \nMy understanding is:\n- Deficit: How much you lose every year from operations\n- Debt: How much you owe over time\nSo if we’re spending $1 billion more than we make every year (not an accurate number) - we have a $1B deficit. \nIf you did that for 10 years (with no initial debt) you’d have a $10B National Debt. \nLowering the deficit is the first (only?) step towards lowering the National Debt but the National Debt will never be lowered until the deficit is eliminated and there is a surplus. \nThe hope is always that the next generation will dig us out while we live the good life. Kinda like if your parents put their whole life on credit card and left you the bill when they died. Oops! shrugs in Boomer", ">\n\nScary that a $1.4T deficit is viewed as a good thing. The days of a surplus (Clinton) and even $400B deficits (Obama) are long gone.", ">\n\nUnfortunately we have to keep digging out of the hole the Republicans make and it gets deeper and deeper.", ">\n\nOh thank god. No worries now then, we're fucking saved.", ">\n\nHeyy! Only 1.4T a year! 😔", ">\n\nAnd now the sociopathic trumphumping GOP in the House are going to spend until it skyrockets, despite of promising to reduce it." ]
> Yeah…but wasn’t it at well over 3 trillion a couple years ago? Getting it under $3 trillion was to be expected. Getting it close to $1 trillion sounds like a major accomplishment.
[ "anyone remember the Clinton budget surplus? some of us do. no wonder the gqp lost its sh*t over him", ">\n\nI remember. And I was young too but EVERYONE was talking about it.", ">\n\nIt is possible to have a prosperous country and budget surplus in government but it requires Democrats in charge.", ">\n\nSo it'll never happen in America.", ">\n\nIf we still have a democracy in a few years, younger generations (Millennials and Zoomers) are about to overtake Baby Boomers in voting numbers, are growing more and more politically engaged and increasingly hate conservatism with a passion.", ">\n\nSaddest part of this is that we’ve had the numbers to at least match boomers at the polls for years, but Millennial turnout just broke 50% a few years ago.", ">\n\nWe're trying. I got my wife to vote for the first time ever, and we just turned 30", ">\n\nLol why is the picture a picture of Kevin McCarthy shaking someone's hand?", ">\n\nBecause it works on a non zero percent of people.", ">\n\nWhat does?", ">\n\nThe subtle implication that the brand-new Speaker of the House had something to do with lowering the deficit.", ">\n\nWhy would the times do that?", ">\n\nJournalism has been dead for awhile now and is mostly just a political dog show now.", ">\n\nDebt is not the same as deficit", ">\n\nNot sure I follow your point. You would agree that deficit spending results in debt, correct? \nTrump's tax cuts to the 1% for their historic stock buyback resulted in the third-biggest deficit increase of any president.", ">\n\nYes I would. But people use debt and deficit interchangeably and they are different calculations", ">\n\nAnd what does that have to do with the person you were responding to?", ">\n\nBecause this post is about deficit and they're talking about debt", ">\n\nExcept they're actually talking about debt. Did you even look at their link?\nBefore Trump the DEBT was at ~20 T. After Trump it was at ~28 T.", ">\n\nThe title of this post is deficit", ">\n\nThe great thing about the comment section of reddit is we get to talk about things not strictly pertaining to the subject of the post", ">\n\nDems always lower the deficit, and Republicans always explode it, but stupid brainwashed clowns believe otherwise", ">\n\nI keep hearing that but haven’t been able to find any sort of breakdown. Does anyone have a resource or like a timeline that shows national debt and who’s in charge of the senate, house, White House, etc?", ">\n\nThe Republicans under W did not let anything stop them from cutting taxes. Not even concurrent wars in Afghanistan and Iraq.", ">\n\ncorrect. they use \"tax and spend democrats\" as a pejorative when they are the cut taxes and spend more republicans. one side is responsible the other not so much", ">\n\nYep. \"Tax and spend\" vs. \"don't tax and spend more.\" The hypocrisy drives me insane.", ">\n\nThat can’t be right….I thought that when librul commies always blow up the deficit?", ">\n\nIt’s all good, it’s republicans in the photo like they did a fucking thing about it", ">\n\nSo it looks like the old man, Biden,b and the Democrats know what he is doing. 👏👏👏👏", ">\n\nImagine how much lower if they taxed the rich", ">\n\nOr if we had the same tax rates that Saint Reagan had.", ">\n\nand the image is of the new gop congress??", ">\n\nRight!", ">\n\nWhy show republicans in m article bout the deficit falling when they had absolutely nothing to do with it?", ">\n\nWhy is there an image of Republicans under the title. WTF", ">\n\nWas thinking the same thing", ">\n\n2 years and the Biden Admin cut the deficit down by more than half. The GOP House: “we can’t have that!”", ">\n\nAnd the Republicans claim otherwise. \nIt’s a shame that their followers don’t believe printed numbers from reliable sources vs fallacies spewed from their lying mouths", ">\n\nDon’t get used to it. The NatC’s are making it their platform to raise that figure as high as possible.", ">\n\nWhy did the deficit fall - because Democrats were in charge. Then the cult liars lie to win more House seats and instead of continuing to reduce the debt, the cult wants to defund the new IRS hires set to recover billions from wealthy tax cheats. They are also taking away the metal detectors in the Capitol, abolishing the Ethics Committee and refusing to say one peep against George Santos.", ">\n\nThose tax and spend democrats are at it again….", ">\n\nPlease remember, deficit is different than debt", ">\n\nCame here for this. I hope it’s bumped. \nMy understanding is:\n- Deficit: How much you lose every year from operations\n- Debt: How much you owe over time\nSo if we’re spending $1 billion more than we make every year (not an accurate number) - we have a $1B deficit. \nIf you did that for 10 years (with no initial debt) you’d have a $10B National Debt. \nLowering the deficit is the first (only?) step towards lowering the National Debt but the National Debt will never be lowered until the deficit is eliminated and there is a surplus. \nThe hope is always that the next generation will dig us out while we live the good life. Kinda like if your parents put their whole life on credit card and left you the bill when they died. Oops! shrugs in Boomer", ">\n\nScary that a $1.4T deficit is viewed as a good thing. The days of a surplus (Clinton) and even $400B deficits (Obama) are long gone.", ">\n\nUnfortunately we have to keep digging out of the hole the Republicans make and it gets deeper and deeper.", ">\n\nOh thank god. No worries now then, we're fucking saved.", ">\n\nHeyy! Only 1.4T a year! 😔", ">\n\nAnd now the sociopathic trumphumping GOP in the House are going to spend until it skyrockets, despite of promising to reduce it.", ">\n\n\nThe federal budget deficit fell to $1.4 trillion for the 2022 calendar year, \n\nYay! \n\ndown from $2.6 trillion a year ago, as pandemic emergency spending slowed\n\nOh.\nI guess it's not hard to go down from all that emergency spending. It seemed like much better news without context." ]
> There's no doubt lower is better. And it's even harder to do now that Trump cut revenues so much. You can expect the Republicans to plead poverty and demand to slash programs.
[ "anyone remember the Clinton budget surplus? some of us do. no wonder the gqp lost its sh*t over him", ">\n\nI remember. And I was young too but EVERYONE was talking about it.", ">\n\nIt is possible to have a prosperous country and budget surplus in government but it requires Democrats in charge.", ">\n\nSo it'll never happen in America.", ">\n\nIf we still have a democracy in a few years, younger generations (Millennials and Zoomers) are about to overtake Baby Boomers in voting numbers, are growing more and more politically engaged and increasingly hate conservatism with a passion.", ">\n\nSaddest part of this is that we’ve had the numbers to at least match boomers at the polls for years, but Millennial turnout just broke 50% a few years ago.", ">\n\nWe're trying. I got my wife to vote for the first time ever, and we just turned 30", ">\n\nLol why is the picture a picture of Kevin McCarthy shaking someone's hand?", ">\n\nBecause it works on a non zero percent of people.", ">\n\nWhat does?", ">\n\nThe subtle implication that the brand-new Speaker of the House had something to do with lowering the deficit.", ">\n\nWhy would the times do that?", ">\n\nJournalism has been dead for awhile now and is mostly just a political dog show now.", ">\n\nDebt is not the same as deficit", ">\n\nNot sure I follow your point. You would agree that deficit spending results in debt, correct? \nTrump's tax cuts to the 1% for their historic stock buyback resulted in the third-biggest deficit increase of any president.", ">\n\nYes I would. But people use debt and deficit interchangeably and they are different calculations", ">\n\nAnd what does that have to do with the person you were responding to?", ">\n\nBecause this post is about deficit and they're talking about debt", ">\n\nExcept they're actually talking about debt. Did you even look at their link?\nBefore Trump the DEBT was at ~20 T. After Trump it was at ~28 T.", ">\n\nThe title of this post is deficit", ">\n\nThe great thing about the comment section of reddit is we get to talk about things not strictly pertaining to the subject of the post", ">\n\nDems always lower the deficit, and Republicans always explode it, but stupid brainwashed clowns believe otherwise", ">\n\nI keep hearing that but haven’t been able to find any sort of breakdown. Does anyone have a resource or like a timeline that shows national debt and who’s in charge of the senate, house, White House, etc?", ">\n\nThe Republicans under W did not let anything stop them from cutting taxes. Not even concurrent wars in Afghanistan and Iraq.", ">\n\ncorrect. they use \"tax and spend democrats\" as a pejorative when they are the cut taxes and spend more republicans. one side is responsible the other not so much", ">\n\nYep. \"Tax and spend\" vs. \"don't tax and spend more.\" The hypocrisy drives me insane.", ">\n\nThat can’t be right….I thought that when librul commies always blow up the deficit?", ">\n\nIt’s all good, it’s republicans in the photo like they did a fucking thing about it", ">\n\nSo it looks like the old man, Biden,b and the Democrats know what he is doing. 👏👏👏👏", ">\n\nImagine how much lower if they taxed the rich", ">\n\nOr if we had the same tax rates that Saint Reagan had.", ">\n\nand the image is of the new gop congress??", ">\n\nRight!", ">\n\nWhy show republicans in m article bout the deficit falling when they had absolutely nothing to do with it?", ">\n\nWhy is there an image of Republicans under the title. WTF", ">\n\nWas thinking the same thing", ">\n\n2 years and the Biden Admin cut the deficit down by more than half. The GOP House: “we can’t have that!”", ">\n\nAnd the Republicans claim otherwise. \nIt’s a shame that their followers don’t believe printed numbers from reliable sources vs fallacies spewed from their lying mouths", ">\n\nDon’t get used to it. The NatC’s are making it their platform to raise that figure as high as possible.", ">\n\nWhy did the deficit fall - because Democrats were in charge. Then the cult liars lie to win more House seats and instead of continuing to reduce the debt, the cult wants to defund the new IRS hires set to recover billions from wealthy tax cheats. They are also taking away the metal detectors in the Capitol, abolishing the Ethics Committee and refusing to say one peep against George Santos.", ">\n\nThose tax and spend democrats are at it again….", ">\n\nPlease remember, deficit is different than debt", ">\n\nCame here for this. I hope it’s bumped. \nMy understanding is:\n- Deficit: How much you lose every year from operations\n- Debt: How much you owe over time\nSo if we’re spending $1 billion more than we make every year (not an accurate number) - we have a $1B deficit. \nIf you did that for 10 years (with no initial debt) you’d have a $10B National Debt. \nLowering the deficit is the first (only?) step towards lowering the National Debt but the National Debt will never be lowered until the deficit is eliminated and there is a surplus. \nThe hope is always that the next generation will dig us out while we live the good life. Kinda like if your parents put their whole life on credit card and left you the bill when they died. Oops! shrugs in Boomer", ">\n\nScary that a $1.4T deficit is viewed as a good thing. The days of a surplus (Clinton) and even $400B deficits (Obama) are long gone.", ">\n\nUnfortunately we have to keep digging out of the hole the Republicans make and it gets deeper and deeper.", ">\n\nOh thank god. No worries now then, we're fucking saved.", ">\n\nHeyy! Only 1.4T a year! 😔", ">\n\nAnd now the sociopathic trumphumping GOP in the House are going to spend until it skyrockets, despite of promising to reduce it.", ">\n\n\nThe federal budget deficit fell to $1.4 trillion for the 2022 calendar year, \n\nYay! \n\ndown from $2.6 trillion a year ago, as pandemic emergency spending slowed\n\nOh.\nI guess it's not hard to go down from all that emergency spending. It seemed like much better news without context.", ">\n\nYeah…but wasn’t it at well over 3 trillion a couple years ago? Getting it under $3 trillion was to be expected. Getting it close to $1 trillion sounds like a major accomplishment." ]
> Woohoooo I can sleep tonight!
[ "anyone remember the Clinton budget surplus? some of us do. no wonder the gqp lost its sh*t over him", ">\n\nI remember. And I was young too but EVERYONE was talking about it.", ">\n\nIt is possible to have a prosperous country and budget surplus in government but it requires Democrats in charge.", ">\n\nSo it'll never happen in America.", ">\n\nIf we still have a democracy in a few years, younger generations (Millennials and Zoomers) are about to overtake Baby Boomers in voting numbers, are growing more and more politically engaged and increasingly hate conservatism with a passion.", ">\n\nSaddest part of this is that we’ve had the numbers to at least match boomers at the polls for years, but Millennial turnout just broke 50% a few years ago.", ">\n\nWe're trying. I got my wife to vote for the first time ever, and we just turned 30", ">\n\nLol why is the picture a picture of Kevin McCarthy shaking someone's hand?", ">\n\nBecause it works on a non zero percent of people.", ">\n\nWhat does?", ">\n\nThe subtle implication that the brand-new Speaker of the House had something to do with lowering the deficit.", ">\n\nWhy would the times do that?", ">\n\nJournalism has been dead for awhile now and is mostly just a political dog show now.", ">\n\nDebt is not the same as deficit", ">\n\nNot sure I follow your point. You would agree that deficit spending results in debt, correct? \nTrump's tax cuts to the 1% for their historic stock buyback resulted in the third-biggest deficit increase of any president.", ">\n\nYes I would. But people use debt and deficit interchangeably and they are different calculations", ">\n\nAnd what does that have to do with the person you were responding to?", ">\n\nBecause this post is about deficit and they're talking about debt", ">\n\nExcept they're actually talking about debt. Did you even look at their link?\nBefore Trump the DEBT was at ~20 T. After Trump it was at ~28 T.", ">\n\nThe title of this post is deficit", ">\n\nThe great thing about the comment section of reddit is we get to talk about things not strictly pertaining to the subject of the post", ">\n\nDems always lower the deficit, and Republicans always explode it, but stupid brainwashed clowns believe otherwise", ">\n\nI keep hearing that but haven’t been able to find any sort of breakdown. Does anyone have a resource or like a timeline that shows national debt and who’s in charge of the senate, house, White House, etc?", ">\n\nThe Republicans under W did not let anything stop them from cutting taxes. Not even concurrent wars in Afghanistan and Iraq.", ">\n\ncorrect. they use \"tax and spend democrats\" as a pejorative when they are the cut taxes and spend more republicans. one side is responsible the other not so much", ">\n\nYep. \"Tax and spend\" vs. \"don't tax and spend more.\" The hypocrisy drives me insane.", ">\n\nThat can’t be right….I thought that when librul commies always blow up the deficit?", ">\n\nIt’s all good, it’s republicans in the photo like they did a fucking thing about it", ">\n\nSo it looks like the old man, Biden,b and the Democrats know what he is doing. 👏👏👏👏", ">\n\nImagine how much lower if they taxed the rich", ">\n\nOr if we had the same tax rates that Saint Reagan had.", ">\n\nand the image is of the new gop congress??", ">\n\nRight!", ">\n\nWhy show republicans in m article bout the deficit falling when they had absolutely nothing to do with it?", ">\n\nWhy is there an image of Republicans under the title. WTF", ">\n\nWas thinking the same thing", ">\n\n2 years and the Biden Admin cut the deficit down by more than half. The GOP House: “we can’t have that!”", ">\n\nAnd the Republicans claim otherwise. \nIt’s a shame that their followers don’t believe printed numbers from reliable sources vs fallacies spewed from their lying mouths", ">\n\nDon’t get used to it. The NatC’s are making it their platform to raise that figure as high as possible.", ">\n\nWhy did the deficit fall - because Democrats were in charge. Then the cult liars lie to win more House seats and instead of continuing to reduce the debt, the cult wants to defund the new IRS hires set to recover billions from wealthy tax cheats. They are also taking away the metal detectors in the Capitol, abolishing the Ethics Committee and refusing to say one peep against George Santos.", ">\n\nThose tax and spend democrats are at it again….", ">\n\nPlease remember, deficit is different than debt", ">\n\nCame here for this. I hope it’s bumped. \nMy understanding is:\n- Deficit: How much you lose every year from operations\n- Debt: How much you owe over time\nSo if we’re spending $1 billion more than we make every year (not an accurate number) - we have a $1B deficit. \nIf you did that for 10 years (with no initial debt) you’d have a $10B National Debt. \nLowering the deficit is the first (only?) step towards lowering the National Debt but the National Debt will never be lowered until the deficit is eliminated and there is a surplus. \nThe hope is always that the next generation will dig us out while we live the good life. Kinda like if your parents put their whole life on credit card and left you the bill when they died. Oops! shrugs in Boomer", ">\n\nScary that a $1.4T deficit is viewed as a good thing. The days of a surplus (Clinton) and even $400B deficits (Obama) are long gone.", ">\n\nUnfortunately we have to keep digging out of the hole the Republicans make and it gets deeper and deeper.", ">\n\nOh thank god. No worries now then, we're fucking saved.", ">\n\nHeyy! Only 1.4T a year! 😔", ">\n\nAnd now the sociopathic trumphumping GOP in the House are going to spend until it skyrockets, despite of promising to reduce it.", ">\n\n\nThe federal budget deficit fell to $1.4 trillion for the 2022 calendar year, \n\nYay! \n\ndown from $2.6 trillion a year ago, as pandemic emergency spending slowed\n\nOh.\nI guess it's not hard to go down from all that emergency spending. It seemed like much better news without context.", ">\n\nYeah…but wasn’t it at well over 3 trillion a couple years ago? Getting it under $3 trillion was to be expected. Getting it close to $1 trillion sounds like a major accomplishment.", ">\n\nThere's no doubt lower is better. And it's even harder to do now that Trump cut revenues so much.\nYou can expect the Republicans to plead poverty and demand to slash programs." ]
> Gimme one of those Biden “I did that”stickers
[ "anyone remember the Clinton budget surplus? some of us do. no wonder the gqp lost its sh*t over him", ">\n\nI remember. And I was young too but EVERYONE was talking about it.", ">\n\nIt is possible to have a prosperous country and budget surplus in government but it requires Democrats in charge.", ">\n\nSo it'll never happen in America.", ">\n\nIf we still have a democracy in a few years, younger generations (Millennials and Zoomers) are about to overtake Baby Boomers in voting numbers, are growing more and more politically engaged and increasingly hate conservatism with a passion.", ">\n\nSaddest part of this is that we’ve had the numbers to at least match boomers at the polls for years, but Millennial turnout just broke 50% a few years ago.", ">\n\nWe're trying. I got my wife to vote for the first time ever, and we just turned 30", ">\n\nLol why is the picture a picture of Kevin McCarthy shaking someone's hand?", ">\n\nBecause it works on a non zero percent of people.", ">\n\nWhat does?", ">\n\nThe subtle implication that the brand-new Speaker of the House had something to do with lowering the deficit.", ">\n\nWhy would the times do that?", ">\n\nJournalism has been dead for awhile now and is mostly just a political dog show now.", ">\n\nDebt is not the same as deficit", ">\n\nNot sure I follow your point. You would agree that deficit spending results in debt, correct? \nTrump's tax cuts to the 1% for their historic stock buyback resulted in the third-biggest deficit increase of any president.", ">\n\nYes I would. But people use debt and deficit interchangeably and they are different calculations", ">\n\nAnd what does that have to do with the person you were responding to?", ">\n\nBecause this post is about deficit and they're talking about debt", ">\n\nExcept they're actually talking about debt. Did you even look at their link?\nBefore Trump the DEBT was at ~20 T. After Trump it was at ~28 T.", ">\n\nThe title of this post is deficit", ">\n\nThe great thing about the comment section of reddit is we get to talk about things not strictly pertaining to the subject of the post", ">\n\nDems always lower the deficit, and Republicans always explode it, but stupid brainwashed clowns believe otherwise", ">\n\nI keep hearing that but haven’t been able to find any sort of breakdown. Does anyone have a resource or like a timeline that shows national debt and who’s in charge of the senate, house, White House, etc?", ">\n\nThe Republicans under W did not let anything stop them from cutting taxes. Not even concurrent wars in Afghanistan and Iraq.", ">\n\ncorrect. they use \"tax and spend democrats\" as a pejorative when they are the cut taxes and spend more republicans. one side is responsible the other not so much", ">\n\nYep. \"Tax and spend\" vs. \"don't tax and spend more.\" The hypocrisy drives me insane.", ">\n\nThat can’t be right….I thought that when librul commies always blow up the deficit?", ">\n\nIt’s all good, it’s republicans in the photo like they did a fucking thing about it", ">\n\nSo it looks like the old man, Biden,b and the Democrats know what he is doing. 👏👏👏👏", ">\n\nImagine how much lower if they taxed the rich", ">\n\nOr if we had the same tax rates that Saint Reagan had.", ">\n\nand the image is of the new gop congress??", ">\n\nRight!", ">\n\nWhy show republicans in m article bout the deficit falling when they had absolutely nothing to do with it?", ">\n\nWhy is there an image of Republicans under the title. WTF", ">\n\nWas thinking the same thing", ">\n\n2 years and the Biden Admin cut the deficit down by more than half. The GOP House: “we can’t have that!”", ">\n\nAnd the Republicans claim otherwise. \nIt’s a shame that their followers don’t believe printed numbers from reliable sources vs fallacies spewed from their lying mouths", ">\n\nDon’t get used to it. The NatC’s are making it their platform to raise that figure as high as possible.", ">\n\nWhy did the deficit fall - because Democrats were in charge. Then the cult liars lie to win more House seats and instead of continuing to reduce the debt, the cult wants to defund the new IRS hires set to recover billions from wealthy tax cheats. They are also taking away the metal detectors in the Capitol, abolishing the Ethics Committee and refusing to say one peep against George Santos.", ">\n\nThose tax and spend democrats are at it again….", ">\n\nPlease remember, deficit is different than debt", ">\n\nCame here for this. I hope it’s bumped. \nMy understanding is:\n- Deficit: How much you lose every year from operations\n- Debt: How much you owe over time\nSo if we’re spending $1 billion more than we make every year (not an accurate number) - we have a $1B deficit. \nIf you did that for 10 years (with no initial debt) you’d have a $10B National Debt. \nLowering the deficit is the first (only?) step towards lowering the National Debt but the National Debt will never be lowered until the deficit is eliminated and there is a surplus. \nThe hope is always that the next generation will dig us out while we live the good life. Kinda like if your parents put their whole life on credit card and left you the bill when they died. Oops! shrugs in Boomer", ">\n\nScary that a $1.4T deficit is viewed as a good thing. The days of a surplus (Clinton) and even $400B deficits (Obama) are long gone.", ">\n\nUnfortunately we have to keep digging out of the hole the Republicans make and it gets deeper and deeper.", ">\n\nOh thank god. No worries now then, we're fucking saved.", ">\n\nHeyy! Only 1.4T a year! 😔", ">\n\nAnd now the sociopathic trumphumping GOP in the House are going to spend until it skyrockets, despite of promising to reduce it.", ">\n\n\nThe federal budget deficit fell to $1.4 trillion for the 2022 calendar year, \n\nYay! \n\ndown from $2.6 trillion a year ago, as pandemic emergency spending slowed\n\nOh.\nI guess it's not hard to go down from all that emergency spending. It seemed like much better news without context.", ">\n\nYeah…but wasn’t it at well over 3 trillion a couple years ago? Getting it under $3 trillion was to be expected. Getting it close to $1 trillion sounds like a major accomplishment.", ">\n\nThere's no doubt lower is better. And it's even harder to do now that Trump cut revenues so much.\nYou can expect the Republicans to plead poverty and demand to slash programs.", ">\n\nWoohoooo I can sleep tonight!" ]
> It’s about to rise
[ "anyone remember the Clinton budget surplus? some of us do. no wonder the gqp lost its sh*t over him", ">\n\nI remember. And I was young too but EVERYONE was talking about it.", ">\n\nIt is possible to have a prosperous country and budget surplus in government but it requires Democrats in charge.", ">\n\nSo it'll never happen in America.", ">\n\nIf we still have a democracy in a few years, younger generations (Millennials and Zoomers) are about to overtake Baby Boomers in voting numbers, are growing more and more politically engaged and increasingly hate conservatism with a passion.", ">\n\nSaddest part of this is that we’ve had the numbers to at least match boomers at the polls for years, but Millennial turnout just broke 50% a few years ago.", ">\n\nWe're trying. I got my wife to vote for the first time ever, and we just turned 30", ">\n\nLol why is the picture a picture of Kevin McCarthy shaking someone's hand?", ">\n\nBecause it works on a non zero percent of people.", ">\n\nWhat does?", ">\n\nThe subtle implication that the brand-new Speaker of the House had something to do with lowering the deficit.", ">\n\nWhy would the times do that?", ">\n\nJournalism has been dead for awhile now and is mostly just a political dog show now.", ">\n\nDebt is not the same as deficit", ">\n\nNot sure I follow your point. You would agree that deficit spending results in debt, correct? \nTrump's tax cuts to the 1% for their historic stock buyback resulted in the third-biggest deficit increase of any president.", ">\n\nYes I would. But people use debt and deficit interchangeably and they are different calculations", ">\n\nAnd what does that have to do with the person you were responding to?", ">\n\nBecause this post is about deficit and they're talking about debt", ">\n\nExcept they're actually talking about debt. Did you even look at their link?\nBefore Trump the DEBT was at ~20 T. After Trump it was at ~28 T.", ">\n\nThe title of this post is deficit", ">\n\nThe great thing about the comment section of reddit is we get to talk about things not strictly pertaining to the subject of the post", ">\n\nDems always lower the deficit, and Republicans always explode it, but stupid brainwashed clowns believe otherwise", ">\n\nI keep hearing that but haven’t been able to find any sort of breakdown. Does anyone have a resource or like a timeline that shows national debt and who’s in charge of the senate, house, White House, etc?", ">\n\nThe Republicans under W did not let anything stop them from cutting taxes. Not even concurrent wars in Afghanistan and Iraq.", ">\n\ncorrect. they use \"tax and spend democrats\" as a pejorative when they are the cut taxes and spend more republicans. one side is responsible the other not so much", ">\n\nYep. \"Tax and spend\" vs. \"don't tax and spend more.\" The hypocrisy drives me insane.", ">\n\nThat can’t be right….I thought that when librul commies always blow up the deficit?", ">\n\nIt’s all good, it’s republicans in the photo like they did a fucking thing about it", ">\n\nSo it looks like the old man, Biden,b and the Democrats know what he is doing. 👏👏👏👏", ">\n\nImagine how much lower if they taxed the rich", ">\n\nOr if we had the same tax rates that Saint Reagan had.", ">\n\nand the image is of the new gop congress??", ">\n\nRight!", ">\n\nWhy show republicans in m article bout the deficit falling when they had absolutely nothing to do with it?", ">\n\nWhy is there an image of Republicans under the title. WTF", ">\n\nWas thinking the same thing", ">\n\n2 years and the Biden Admin cut the deficit down by more than half. The GOP House: “we can’t have that!”", ">\n\nAnd the Republicans claim otherwise. \nIt’s a shame that their followers don’t believe printed numbers from reliable sources vs fallacies spewed from their lying mouths", ">\n\nDon’t get used to it. The NatC’s are making it their platform to raise that figure as high as possible.", ">\n\nWhy did the deficit fall - because Democrats were in charge. Then the cult liars lie to win more House seats and instead of continuing to reduce the debt, the cult wants to defund the new IRS hires set to recover billions from wealthy tax cheats. They are also taking away the metal detectors in the Capitol, abolishing the Ethics Committee and refusing to say one peep against George Santos.", ">\n\nThose tax and spend democrats are at it again….", ">\n\nPlease remember, deficit is different than debt", ">\n\nCame here for this. I hope it’s bumped. \nMy understanding is:\n- Deficit: How much you lose every year from operations\n- Debt: How much you owe over time\nSo if we’re spending $1 billion more than we make every year (not an accurate number) - we have a $1B deficit. \nIf you did that for 10 years (with no initial debt) you’d have a $10B National Debt. \nLowering the deficit is the first (only?) step towards lowering the National Debt but the National Debt will never be lowered until the deficit is eliminated and there is a surplus. \nThe hope is always that the next generation will dig us out while we live the good life. Kinda like if your parents put their whole life on credit card and left you the bill when they died. Oops! shrugs in Boomer", ">\n\nScary that a $1.4T deficit is viewed as a good thing. The days of a surplus (Clinton) and even $400B deficits (Obama) are long gone.", ">\n\nUnfortunately we have to keep digging out of the hole the Republicans make and it gets deeper and deeper.", ">\n\nOh thank god. No worries now then, we're fucking saved.", ">\n\nHeyy! Only 1.4T a year! 😔", ">\n\nAnd now the sociopathic trumphumping GOP in the House are going to spend until it skyrockets, despite of promising to reduce it.", ">\n\n\nThe federal budget deficit fell to $1.4 trillion for the 2022 calendar year, \n\nYay! \n\ndown from $2.6 trillion a year ago, as pandemic emergency spending slowed\n\nOh.\nI guess it's not hard to go down from all that emergency spending. It seemed like much better news without context.", ">\n\nYeah…but wasn’t it at well over 3 trillion a couple years ago? Getting it under $3 trillion was to be expected. Getting it close to $1 trillion sounds like a major accomplishment.", ">\n\nThere's no doubt lower is better. And it's even harder to do now that Trump cut revenues so much.\nYou can expect the Republicans to plead poverty and demand to slash programs.", ">\n\nWoohoooo I can sleep tonight!", ">\n\nGimme one of those Biden “I did that”stickers" ]
> Anyone got one of those Biden "I did that" stickers?
[ "anyone remember the Clinton budget surplus? some of us do. no wonder the gqp lost its sh*t over him", ">\n\nI remember. And I was young too but EVERYONE was talking about it.", ">\n\nIt is possible to have a prosperous country and budget surplus in government but it requires Democrats in charge.", ">\n\nSo it'll never happen in America.", ">\n\nIf we still have a democracy in a few years, younger generations (Millennials and Zoomers) are about to overtake Baby Boomers in voting numbers, are growing more and more politically engaged and increasingly hate conservatism with a passion.", ">\n\nSaddest part of this is that we’ve had the numbers to at least match boomers at the polls for years, but Millennial turnout just broke 50% a few years ago.", ">\n\nWe're trying. I got my wife to vote for the first time ever, and we just turned 30", ">\n\nLol why is the picture a picture of Kevin McCarthy shaking someone's hand?", ">\n\nBecause it works on a non zero percent of people.", ">\n\nWhat does?", ">\n\nThe subtle implication that the brand-new Speaker of the House had something to do with lowering the deficit.", ">\n\nWhy would the times do that?", ">\n\nJournalism has been dead for awhile now and is mostly just a political dog show now.", ">\n\nDebt is not the same as deficit", ">\n\nNot sure I follow your point. You would agree that deficit spending results in debt, correct? \nTrump's tax cuts to the 1% for their historic stock buyback resulted in the third-biggest deficit increase of any president.", ">\n\nYes I would. But people use debt and deficit interchangeably and they are different calculations", ">\n\nAnd what does that have to do with the person you were responding to?", ">\n\nBecause this post is about deficit and they're talking about debt", ">\n\nExcept they're actually talking about debt. Did you even look at their link?\nBefore Trump the DEBT was at ~20 T. After Trump it was at ~28 T.", ">\n\nThe title of this post is deficit", ">\n\nThe great thing about the comment section of reddit is we get to talk about things not strictly pertaining to the subject of the post", ">\n\nDems always lower the deficit, and Republicans always explode it, but stupid brainwashed clowns believe otherwise", ">\n\nI keep hearing that but haven’t been able to find any sort of breakdown. Does anyone have a resource or like a timeline that shows national debt and who’s in charge of the senate, house, White House, etc?", ">\n\nThe Republicans under W did not let anything stop them from cutting taxes. Not even concurrent wars in Afghanistan and Iraq.", ">\n\ncorrect. they use \"tax and spend democrats\" as a pejorative when they are the cut taxes and spend more republicans. one side is responsible the other not so much", ">\n\nYep. \"Tax and spend\" vs. \"don't tax and spend more.\" The hypocrisy drives me insane.", ">\n\nThat can’t be right….I thought that when librul commies always blow up the deficit?", ">\n\nIt’s all good, it’s republicans in the photo like they did a fucking thing about it", ">\n\nSo it looks like the old man, Biden,b and the Democrats know what he is doing. 👏👏👏👏", ">\n\nImagine how much lower if they taxed the rich", ">\n\nOr if we had the same tax rates that Saint Reagan had.", ">\n\nand the image is of the new gop congress??", ">\n\nRight!", ">\n\nWhy show republicans in m article bout the deficit falling when they had absolutely nothing to do with it?", ">\n\nWhy is there an image of Republicans under the title. WTF", ">\n\nWas thinking the same thing", ">\n\n2 years and the Biden Admin cut the deficit down by more than half. The GOP House: “we can’t have that!”", ">\n\nAnd the Republicans claim otherwise. \nIt’s a shame that their followers don’t believe printed numbers from reliable sources vs fallacies spewed from their lying mouths", ">\n\nDon’t get used to it. The NatC’s are making it their platform to raise that figure as high as possible.", ">\n\nWhy did the deficit fall - because Democrats were in charge. Then the cult liars lie to win more House seats and instead of continuing to reduce the debt, the cult wants to defund the new IRS hires set to recover billions from wealthy tax cheats. They are also taking away the metal detectors in the Capitol, abolishing the Ethics Committee and refusing to say one peep against George Santos.", ">\n\nThose tax and spend democrats are at it again….", ">\n\nPlease remember, deficit is different than debt", ">\n\nCame here for this. I hope it’s bumped. \nMy understanding is:\n- Deficit: How much you lose every year from operations\n- Debt: How much you owe over time\nSo if we’re spending $1 billion more than we make every year (not an accurate number) - we have a $1B deficit. \nIf you did that for 10 years (with no initial debt) you’d have a $10B National Debt. \nLowering the deficit is the first (only?) step towards lowering the National Debt but the National Debt will never be lowered until the deficit is eliminated and there is a surplus. \nThe hope is always that the next generation will dig us out while we live the good life. Kinda like if your parents put their whole life on credit card and left you the bill when they died. Oops! shrugs in Boomer", ">\n\nScary that a $1.4T deficit is viewed as a good thing. The days of a surplus (Clinton) and even $400B deficits (Obama) are long gone.", ">\n\nUnfortunately we have to keep digging out of the hole the Republicans make and it gets deeper and deeper.", ">\n\nOh thank god. No worries now then, we're fucking saved.", ">\n\nHeyy! Only 1.4T a year! 😔", ">\n\nAnd now the sociopathic trumphumping GOP in the House are going to spend until it skyrockets, despite of promising to reduce it.", ">\n\n\nThe federal budget deficit fell to $1.4 trillion for the 2022 calendar year, \n\nYay! \n\ndown from $2.6 trillion a year ago, as pandemic emergency spending slowed\n\nOh.\nI guess it's not hard to go down from all that emergency spending. It seemed like much better news without context.", ">\n\nYeah…but wasn’t it at well over 3 trillion a couple years ago? Getting it under $3 trillion was to be expected. Getting it close to $1 trillion sounds like a major accomplishment.", ">\n\nThere's no doubt lower is better. And it's even harder to do now that Trump cut revenues so much.\nYou can expect the Republicans to plead poverty and demand to slash programs.", ">\n\nWoohoooo I can sleep tonight!", ">\n\nGimme one of those Biden “I did that”stickers", ">\n\nIt’s about to rise" ]
> Continuing to fall from the covid spending levels isn’t really an achievement
[ "anyone remember the Clinton budget surplus? some of us do. no wonder the gqp lost its sh*t over him", ">\n\nI remember. And I was young too but EVERYONE was talking about it.", ">\n\nIt is possible to have a prosperous country and budget surplus in government but it requires Democrats in charge.", ">\n\nSo it'll never happen in America.", ">\n\nIf we still have a democracy in a few years, younger generations (Millennials and Zoomers) are about to overtake Baby Boomers in voting numbers, are growing more and more politically engaged and increasingly hate conservatism with a passion.", ">\n\nSaddest part of this is that we’ve had the numbers to at least match boomers at the polls for years, but Millennial turnout just broke 50% a few years ago.", ">\n\nWe're trying. I got my wife to vote for the first time ever, and we just turned 30", ">\n\nLol why is the picture a picture of Kevin McCarthy shaking someone's hand?", ">\n\nBecause it works on a non zero percent of people.", ">\n\nWhat does?", ">\n\nThe subtle implication that the brand-new Speaker of the House had something to do with lowering the deficit.", ">\n\nWhy would the times do that?", ">\n\nJournalism has been dead for awhile now and is mostly just a political dog show now.", ">\n\nDebt is not the same as deficit", ">\n\nNot sure I follow your point. You would agree that deficit spending results in debt, correct? \nTrump's tax cuts to the 1% for their historic stock buyback resulted in the third-biggest deficit increase of any president.", ">\n\nYes I would. But people use debt and deficit interchangeably and they are different calculations", ">\n\nAnd what does that have to do with the person you were responding to?", ">\n\nBecause this post is about deficit and they're talking about debt", ">\n\nExcept they're actually talking about debt. Did you even look at their link?\nBefore Trump the DEBT was at ~20 T. After Trump it was at ~28 T.", ">\n\nThe title of this post is deficit", ">\n\nThe great thing about the comment section of reddit is we get to talk about things not strictly pertaining to the subject of the post", ">\n\nDems always lower the deficit, and Republicans always explode it, but stupid brainwashed clowns believe otherwise", ">\n\nI keep hearing that but haven’t been able to find any sort of breakdown. Does anyone have a resource or like a timeline that shows national debt and who’s in charge of the senate, house, White House, etc?", ">\n\nThe Republicans under W did not let anything stop them from cutting taxes. Not even concurrent wars in Afghanistan and Iraq.", ">\n\ncorrect. they use \"tax and spend democrats\" as a pejorative when they are the cut taxes and spend more republicans. one side is responsible the other not so much", ">\n\nYep. \"Tax and spend\" vs. \"don't tax and spend more.\" The hypocrisy drives me insane.", ">\n\nThat can’t be right….I thought that when librul commies always blow up the deficit?", ">\n\nIt’s all good, it’s republicans in the photo like they did a fucking thing about it", ">\n\nSo it looks like the old man, Biden,b and the Democrats know what he is doing. 👏👏👏👏", ">\n\nImagine how much lower if they taxed the rich", ">\n\nOr if we had the same tax rates that Saint Reagan had.", ">\n\nand the image is of the new gop congress??", ">\n\nRight!", ">\n\nWhy show republicans in m article bout the deficit falling when they had absolutely nothing to do with it?", ">\n\nWhy is there an image of Republicans under the title. WTF", ">\n\nWas thinking the same thing", ">\n\n2 years and the Biden Admin cut the deficit down by more than half. The GOP House: “we can’t have that!”", ">\n\nAnd the Republicans claim otherwise. \nIt’s a shame that their followers don’t believe printed numbers from reliable sources vs fallacies spewed from their lying mouths", ">\n\nDon’t get used to it. The NatC’s are making it their platform to raise that figure as high as possible.", ">\n\nWhy did the deficit fall - because Democrats were in charge. Then the cult liars lie to win more House seats and instead of continuing to reduce the debt, the cult wants to defund the new IRS hires set to recover billions from wealthy tax cheats. They are also taking away the metal detectors in the Capitol, abolishing the Ethics Committee and refusing to say one peep against George Santos.", ">\n\nThose tax and spend democrats are at it again….", ">\n\nPlease remember, deficit is different than debt", ">\n\nCame here for this. I hope it’s bumped. \nMy understanding is:\n- Deficit: How much you lose every year from operations\n- Debt: How much you owe over time\nSo if we’re spending $1 billion more than we make every year (not an accurate number) - we have a $1B deficit. \nIf you did that for 10 years (with no initial debt) you’d have a $10B National Debt. \nLowering the deficit is the first (only?) step towards lowering the National Debt but the National Debt will never be lowered until the deficit is eliminated and there is a surplus. \nThe hope is always that the next generation will dig us out while we live the good life. Kinda like if your parents put their whole life on credit card and left you the bill when they died. Oops! shrugs in Boomer", ">\n\nScary that a $1.4T deficit is viewed as a good thing. The days of a surplus (Clinton) and even $400B deficits (Obama) are long gone.", ">\n\nUnfortunately we have to keep digging out of the hole the Republicans make and it gets deeper and deeper.", ">\n\nOh thank god. No worries now then, we're fucking saved.", ">\n\nHeyy! Only 1.4T a year! 😔", ">\n\nAnd now the sociopathic trumphumping GOP in the House are going to spend until it skyrockets, despite of promising to reduce it.", ">\n\n\nThe federal budget deficit fell to $1.4 trillion for the 2022 calendar year, \n\nYay! \n\ndown from $2.6 trillion a year ago, as pandemic emergency spending slowed\n\nOh.\nI guess it's not hard to go down from all that emergency spending. It seemed like much better news without context.", ">\n\nYeah…but wasn’t it at well over 3 trillion a couple years ago? Getting it under $3 trillion was to be expected. Getting it close to $1 trillion sounds like a major accomplishment.", ">\n\nThere's no doubt lower is better. And it's even harder to do now that Trump cut revenues so much.\nYou can expect the Republicans to plead poverty and demand to slash programs.", ">\n\nWoohoooo I can sleep tonight!", ">\n\nGimme one of those Biden “I did that”stickers", ">\n\nIt’s about to rise", ">\n\nAnyone got one of those Biden \"I did that\" stickers?" ]
> Fell to... still incomprehensible and eye-watering. Ugh.
[ "anyone remember the Clinton budget surplus? some of us do. no wonder the gqp lost its sh*t over him", ">\n\nI remember. And I was young too but EVERYONE was talking about it.", ">\n\nIt is possible to have a prosperous country and budget surplus in government but it requires Democrats in charge.", ">\n\nSo it'll never happen in America.", ">\n\nIf we still have a democracy in a few years, younger generations (Millennials and Zoomers) are about to overtake Baby Boomers in voting numbers, are growing more and more politically engaged and increasingly hate conservatism with a passion.", ">\n\nSaddest part of this is that we’ve had the numbers to at least match boomers at the polls for years, but Millennial turnout just broke 50% a few years ago.", ">\n\nWe're trying. I got my wife to vote for the first time ever, and we just turned 30", ">\n\nLol why is the picture a picture of Kevin McCarthy shaking someone's hand?", ">\n\nBecause it works on a non zero percent of people.", ">\n\nWhat does?", ">\n\nThe subtle implication that the brand-new Speaker of the House had something to do with lowering the deficit.", ">\n\nWhy would the times do that?", ">\n\nJournalism has been dead for awhile now and is mostly just a political dog show now.", ">\n\nDebt is not the same as deficit", ">\n\nNot sure I follow your point. You would agree that deficit spending results in debt, correct? \nTrump's tax cuts to the 1% for their historic stock buyback resulted in the third-biggest deficit increase of any president.", ">\n\nYes I would. But people use debt and deficit interchangeably and they are different calculations", ">\n\nAnd what does that have to do with the person you were responding to?", ">\n\nBecause this post is about deficit and they're talking about debt", ">\n\nExcept they're actually talking about debt. Did you even look at their link?\nBefore Trump the DEBT was at ~20 T. After Trump it was at ~28 T.", ">\n\nThe title of this post is deficit", ">\n\nThe great thing about the comment section of reddit is we get to talk about things not strictly pertaining to the subject of the post", ">\n\nDems always lower the deficit, and Republicans always explode it, but stupid brainwashed clowns believe otherwise", ">\n\nI keep hearing that but haven’t been able to find any sort of breakdown. Does anyone have a resource or like a timeline that shows national debt and who’s in charge of the senate, house, White House, etc?", ">\n\nThe Republicans under W did not let anything stop them from cutting taxes. Not even concurrent wars in Afghanistan and Iraq.", ">\n\ncorrect. they use \"tax and spend democrats\" as a pejorative when they are the cut taxes and spend more republicans. one side is responsible the other not so much", ">\n\nYep. \"Tax and spend\" vs. \"don't tax and spend more.\" The hypocrisy drives me insane.", ">\n\nThat can’t be right….I thought that when librul commies always blow up the deficit?", ">\n\nIt’s all good, it’s republicans in the photo like they did a fucking thing about it", ">\n\nSo it looks like the old man, Biden,b and the Democrats know what he is doing. 👏👏👏👏", ">\n\nImagine how much lower if they taxed the rich", ">\n\nOr if we had the same tax rates that Saint Reagan had.", ">\n\nand the image is of the new gop congress??", ">\n\nRight!", ">\n\nWhy show republicans in m article bout the deficit falling when they had absolutely nothing to do with it?", ">\n\nWhy is there an image of Republicans under the title. WTF", ">\n\nWas thinking the same thing", ">\n\n2 years and the Biden Admin cut the deficit down by more than half. The GOP House: “we can’t have that!”", ">\n\nAnd the Republicans claim otherwise. \nIt’s a shame that their followers don’t believe printed numbers from reliable sources vs fallacies spewed from their lying mouths", ">\n\nDon’t get used to it. The NatC’s are making it their platform to raise that figure as high as possible.", ">\n\nWhy did the deficit fall - because Democrats were in charge. Then the cult liars lie to win more House seats and instead of continuing to reduce the debt, the cult wants to defund the new IRS hires set to recover billions from wealthy tax cheats. They are also taking away the metal detectors in the Capitol, abolishing the Ethics Committee and refusing to say one peep against George Santos.", ">\n\nThose tax and spend democrats are at it again….", ">\n\nPlease remember, deficit is different than debt", ">\n\nCame here for this. I hope it’s bumped. \nMy understanding is:\n- Deficit: How much you lose every year from operations\n- Debt: How much you owe over time\nSo if we’re spending $1 billion more than we make every year (not an accurate number) - we have a $1B deficit. \nIf you did that for 10 years (with no initial debt) you’d have a $10B National Debt. \nLowering the deficit is the first (only?) step towards lowering the National Debt but the National Debt will never be lowered until the deficit is eliminated and there is a surplus. \nThe hope is always that the next generation will dig us out while we live the good life. Kinda like if your parents put their whole life on credit card and left you the bill when they died. Oops! shrugs in Boomer", ">\n\nScary that a $1.4T deficit is viewed as a good thing. The days of a surplus (Clinton) and even $400B deficits (Obama) are long gone.", ">\n\nUnfortunately we have to keep digging out of the hole the Republicans make and it gets deeper and deeper.", ">\n\nOh thank god. No worries now then, we're fucking saved.", ">\n\nHeyy! Only 1.4T a year! 😔", ">\n\nAnd now the sociopathic trumphumping GOP in the House are going to spend until it skyrockets, despite of promising to reduce it.", ">\n\n\nThe federal budget deficit fell to $1.4 trillion for the 2022 calendar year, \n\nYay! \n\ndown from $2.6 trillion a year ago, as pandemic emergency spending slowed\n\nOh.\nI guess it's not hard to go down from all that emergency spending. It seemed like much better news without context.", ">\n\nYeah…but wasn’t it at well over 3 trillion a couple years ago? Getting it under $3 trillion was to be expected. Getting it close to $1 trillion sounds like a major accomplishment.", ">\n\nThere's no doubt lower is better. And it's even harder to do now that Trump cut revenues so much.\nYou can expect the Republicans to plead poverty and demand to slash programs.", ">\n\nWoohoooo I can sleep tonight!", ">\n\nGimme one of those Biden “I did that”stickers", ">\n\nIt’s about to rise", ">\n\nAnyone got one of those Biden \"I did that\" stickers?", ">\n\nContinuing to fall from the covid spending levels isn’t really an achievement" ]
> Why’s everyone so happy about this
[ "anyone remember the Clinton budget surplus? some of us do. no wonder the gqp lost its sh*t over him", ">\n\nI remember. And I was young too but EVERYONE was talking about it.", ">\n\nIt is possible to have a prosperous country and budget surplus in government but it requires Democrats in charge.", ">\n\nSo it'll never happen in America.", ">\n\nIf we still have a democracy in a few years, younger generations (Millennials and Zoomers) are about to overtake Baby Boomers in voting numbers, are growing more and more politically engaged and increasingly hate conservatism with a passion.", ">\n\nSaddest part of this is that we’ve had the numbers to at least match boomers at the polls for years, but Millennial turnout just broke 50% a few years ago.", ">\n\nWe're trying. I got my wife to vote for the first time ever, and we just turned 30", ">\n\nLol why is the picture a picture of Kevin McCarthy shaking someone's hand?", ">\n\nBecause it works on a non zero percent of people.", ">\n\nWhat does?", ">\n\nThe subtle implication that the brand-new Speaker of the House had something to do with lowering the deficit.", ">\n\nWhy would the times do that?", ">\n\nJournalism has been dead for awhile now and is mostly just a political dog show now.", ">\n\nDebt is not the same as deficit", ">\n\nNot sure I follow your point. You would agree that deficit spending results in debt, correct? \nTrump's tax cuts to the 1% for their historic stock buyback resulted in the third-biggest deficit increase of any president.", ">\n\nYes I would. But people use debt and deficit interchangeably and they are different calculations", ">\n\nAnd what does that have to do with the person you were responding to?", ">\n\nBecause this post is about deficit and they're talking about debt", ">\n\nExcept they're actually talking about debt. Did you even look at their link?\nBefore Trump the DEBT was at ~20 T. After Trump it was at ~28 T.", ">\n\nThe title of this post is deficit", ">\n\nThe great thing about the comment section of reddit is we get to talk about things not strictly pertaining to the subject of the post", ">\n\nDems always lower the deficit, and Republicans always explode it, but stupid brainwashed clowns believe otherwise", ">\n\nI keep hearing that but haven’t been able to find any sort of breakdown. Does anyone have a resource or like a timeline that shows national debt and who’s in charge of the senate, house, White House, etc?", ">\n\nThe Republicans under W did not let anything stop them from cutting taxes. Not even concurrent wars in Afghanistan and Iraq.", ">\n\ncorrect. they use \"tax and spend democrats\" as a pejorative when they are the cut taxes and spend more republicans. one side is responsible the other not so much", ">\n\nYep. \"Tax and spend\" vs. \"don't tax and spend more.\" The hypocrisy drives me insane.", ">\n\nThat can’t be right….I thought that when librul commies always blow up the deficit?", ">\n\nIt’s all good, it’s republicans in the photo like they did a fucking thing about it", ">\n\nSo it looks like the old man, Biden,b and the Democrats know what he is doing. 👏👏👏👏", ">\n\nImagine how much lower if they taxed the rich", ">\n\nOr if we had the same tax rates that Saint Reagan had.", ">\n\nand the image is of the new gop congress??", ">\n\nRight!", ">\n\nWhy show republicans in m article bout the deficit falling when they had absolutely nothing to do with it?", ">\n\nWhy is there an image of Republicans under the title. WTF", ">\n\nWas thinking the same thing", ">\n\n2 years and the Biden Admin cut the deficit down by more than half. The GOP House: “we can’t have that!”", ">\n\nAnd the Republicans claim otherwise. \nIt’s a shame that their followers don’t believe printed numbers from reliable sources vs fallacies spewed from their lying mouths", ">\n\nDon’t get used to it. The NatC’s are making it their platform to raise that figure as high as possible.", ">\n\nWhy did the deficit fall - because Democrats were in charge. Then the cult liars lie to win more House seats and instead of continuing to reduce the debt, the cult wants to defund the new IRS hires set to recover billions from wealthy tax cheats. They are also taking away the metal detectors in the Capitol, abolishing the Ethics Committee and refusing to say one peep against George Santos.", ">\n\nThose tax and spend democrats are at it again….", ">\n\nPlease remember, deficit is different than debt", ">\n\nCame here for this. I hope it’s bumped. \nMy understanding is:\n- Deficit: How much you lose every year from operations\n- Debt: How much you owe over time\nSo if we’re spending $1 billion more than we make every year (not an accurate number) - we have a $1B deficit. \nIf you did that for 10 years (with no initial debt) you’d have a $10B National Debt. \nLowering the deficit is the first (only?) step towards lowering the National Debt but the National Debt will never be lowered until the deficit is eliminated and there is a surplus. \nThe hope is always that the next generation will dig us out while we live the good life. Kinda like if your parents put their whole life on credit card and left you the bill when they died. Oops! shrugs in Boomer", ">\n\nScary that a $1.4T deficit is viewed as a good thing. The days of a surplus (Clinton) and even $400B deficits (Obama) are long gone.", ">\n\nUnfortunately we have to keep digging out of the hole the Republicans make and it gets deeper and deeper.", ">\n\nOh thank god. No worries now then, we're fucking saved.", ">\n\nHeyy! Only 1.4T a year! 😔", ">\n\nAnd now the sociopathic trumphumping GOP in the House are going to spend until it skyrockets, despite of promising to reduce it.", ">\n\n\nThe federal budget deficit fell to $1.4 trillion for the 2022 calendar year, \n\nYay! \n\ndown from $2.6 trillion a year ago, as pandemic emergency spending slowed\n\nOh.\nI guess it's not hard to go down from all that emergency spending. It seemed like much better news without context.", ">\n\nYeah…but wasn’t it at well over 3 trillion a couple years ago? Getting it under $3 trillion was to be expected. Getting it close to $1 trillion sounds like a major accomplishment.", ">\n\nThere's no doubt lower is better. And it's even harder to do now that Trump cut revenues so much.\nYou can expect the Republicans to plead poverty and demand to slash programs.", ">\n\nWoohoooo I can sleep tonight!", ">\n\nGimme one of those Biden “I did that”stickers", ">\n\nIt’s about to rise", ">\n\nAnyone got one of those Biden \"I did that\" stickers?", ">\n\nContinuing to fall from the covid spending levels isn’t really an achievement", ">\n\nFell to... still incomprehensible and eye-watering. Ugh." ]
>
[ "anyone remember the Clinton budget surplus? some of us do. no wonder the gqp lost its sh*t over him", ">\n\nI remember. And I was young too but EVERYONE was talking about it.", ">\n\nIt is possible to have a prosperous country and budget surplus in government but it requires Democrats in charge.", ">\n\nSo it'll never happen in America.", ">\n\nIf we still have a democracy in a few years, younger generations (Millennials and Zoomers) are about to overtake Baby Boomers in voting numbers, are growing more and more politically engaged and increasingly hate conservatism with a passion.", ">\n\nSaddest part of this is that we’ve had the numbers to at least match boomers at the polls for years, but Millennial turnout just broke 50% a few years ago.", ">\n\nWe're trying. I got my wife to vote for the first time ever, and we just turned 30", ">\n\nLol why is the picture a picture of Kevin McCarthy shaking someone's hand?", ">\n\nBecause it works on a non zero percent of people.", ">\n\nWhat does?", ">\n\nThe subtle implication that the brand-new Speaker of the House had something to do with lowering the deficit.", ">\n\nWhy would the times do that?", ">\n\nJournalism has been dead for awhile now and is mostly just a political dog show now.", ">\n\nDebt is not the same as deficit", ">\n\nNot sure I follow your point. You would agree that deficit spending results in debt, correct? \nTrump's tax cuts to the 1% for their historic stock buyback resulted in the third-biggest deficit increase of any president.", ">\n\nYes I would. But people use debt and deficit interchangeably and they are different calculations", ">\n\nAnd what does that have to do with the person you were responding to?", ">\n\nBecause this post is about deficit and they're talking about debt", ">\n\nExcept they're actually talking about debt. Did you even look at their link?\nBefore Trump the DEBT was at ~20 T. After Trump it was at ~28 T.", ">\n\nThe title of this post is deficit", ">\n\nThe great thing about the comment section of reddit is we get to talk about things not strictly pertaining to the subject of the post", ">\n\nDems always lower the deficit, and Republicans always explode it, but stupid brainwashed clowns believe otherwise", ">\n\nI keep hearing that but haven’t been able to find any sort of breakdown. Does anyone have a resource or like a timeline that shows national debt and who’s in charge of the senate, house, White House, etc?", ">\n\nThe Republicans under W did not let anything stop them from cutting taxes. Not even concurrent wars in Afghanistan and Iraq.", ">\n\ncorrect. they use \"tax and spend democrats\" as a pejorative when they are the cut taxes and spend more republicans. one side is responsible the other not so much", ">\n\nYep. \"Tax and spend\" vs. \"don't tax and spend more.\" The hypocrisy drives me insane.", ">\n\nThat can’t be right….I thought that when librul commies always blow up the deficit?", ">\n\nIt’s all good, it’s republicans in the photo like they did a fucking thing about it", ">\n\nSo it looks like the old man, Biden,b and the Democrats know what he is doing. 👏👏👏👏", ">\n\nImagine how much lower if they taxed the rich", ">\n\nOr if we had the same tax rates that Saint Reagan had.", ">\n\nand the image is of the new gop congress??", ">\n\nRight!", ">\n\nWhy show republicans in m article bout the deficit falling when they had absolutely nothing to do with it?", ">\n\nWhy is there an image of Republicans under the title. WTF", ">\n\nWas thinking the same thing", ">\n\n2 years and the Biden Admin cut the deficit down by more than half. The GOP House: “we can’t have that!”", ">\n\nAnd the Republicans claim otherwise. \nIt’s a shame that their followers don’t believe printed numbers from reliable sources vs fallacies spewed from their lying mouths", ">\n\nDon’t get used to it. The NatC’s are making it their platform to raise that figure as high as possible.", ">\n\nWhy did the deficit fall - because Democrats were in charge. Then the cult liars lie to win more House seats and instead of continuing to reduce the debt, the cult wants to defund the new IRS hires set to recover billions from wealthy tax cheats. They are also taking away the metal detectors in the Capitol, abolishing the Ethics Committee and refusing to say one peep against George Santos.", ">\n\nThose tax and spend democrats are at it again….", ">\n\nPlease remember, deficit is different than debt", ">\n\nCame here for this. I hope it’s bumped. \nMy understanding is:\n- Deficit: How much you lose every year from operations\n- Debt: How much you owe over time\nSo if we’re spending $1 billion more than we make every year (not an accurate number) - we have a $1B deficit. \nIf you did that for 10 years (with no initial debt) you’d have a $10B National Debt. \nLowering the deficit is the first (only?) step towards lowering the National Debt but the National Debt will never be lowered until the deficit is eliminated and there is a surplus. \nThe hope is always that the next generation will dig us out while we live the good life. Kinda like if your parents put their whole life on credit card and left you the bill when they died. Oops! shrugs in Boomer", ">\n\nScary that a $1.4T deficit is viewed as a good thing. The days of a surplus (Clinton) and even $400B deficits (Obama) are long gone.", ">\n\nUnfortunately we have to keep digging out of the hole the Republicans make and it gets deeper and deeper.", ">\n\nOh thank god. No worries now then, we're fucking saved.", ">\n\nHeyy! Only 1.4T a year! 😔", ">\n\nAnd now the sociopathic trumphumping GOP in the House are going to spend until it skyrockets, despite of promising to reduce it.", ">\n\n\nThe federal budget deficit fell to $1.4 trillion for the 2022 calendar year, \n\nYay! \n\ndown from $2.6 trillion a year ago, as pandemic emergency spending slowed\n\nOh.\nI guess it's not hard to go down from all that emergency spending. It seemed like much better news without context.", ">\n\nYeah…but wasn’t it at well over 3 trillion a couple years ago? Getting it under $3 trillion was to be expected. Getting it close to $1 trillion sounds like a major accomplishment.", ">\n\nThere's no doubt lower is better. And it's even harder to do now that Trump cut revenues so much.\nYou can expect the Republicans to plead poverty and demand to slash programs.", ">\n\nWoohoooo I can sleep tonight!", ">\n\nGimme one of those Biden “I did that”stickers", ">\n\nIt’s about to rise", ">\n\nAnyone got one of those Biden \"I did that\" stickers?", ">\n\nContinuing to fall from the covid spending levels isn’t really an achievement", ">\n\nFell to... still incomprehensible and eye-watering. Ugh.", ">\n\nWhy’s everyone so happy about this" ]
I would imagine that statement rings true for recipients of “investor visas” from and in many countries
[]
> It worked really well in Canada when it was used properly. Investors had to drop money into a business and run it for five years, with the intent of creating new businesses and employment. in about 25 years the diner near me has passed through the hands of four Korean families and they keep 2-4 wait staff employed.
[ "I would imagine that statement rings true for recipients of “investor visas” from and in many countries" ]
> Isn't this how all investor visas are supposed to work? A certain amount of investment every year.
[ "I would imagine that statement rings true for recipients of “investor visas” from and in many countries", ">\n\nIt worked really well in Canada when it was used properly. Investors had to drop money into a business and run it for five years, with the intent of creating new businesses and employment. in about 25 years the diner near me has passed through the hands of four Korean families and they keep 2-4 wait staff employed." ]
> Yep. And those families all worked their asses off. The dads cooked and did dishes, mom managed and served, kids served and did dishes when not at school.
[ "I would imagine that statement rings true for recipients of “investor visas” from and in many countries", ">\n\nIt worked really well in Canada when it was used properly. Investors had to drop money into a business and run it for five years, with the intent of creating new businesses and employment. in about 25 years the diner near me has passed through the hands of four Korean families and they keep 2-4 wait staff employed.", ">\n\nIsn't this how all investor visas are supposed to work? A certain amount of investment every year." ]
> For real. How many oligarchs does Russia have?
[ "I would imagine that statement rings true for recipients of “investor visas” from and in many countries", ">\n\nIt worked really well in Canada when it was used properly. Investors had to drop money into a business and run it for five years, with the intent of creating new businesses and employment. in about 25 years the diner near me has passed through the hands of four Korean families and they keep 2-4 wait staff employed.", ">\n\nIsn't this how all investor visas are supposed to work? A certain amount of investment every year.", ">\n\nYep. And those families all worked their asses off. The dads cooked and did dishes, mom managed and served, kids served and did dishes when not at school." ]
> Especially with them all jumping out of Windows
[ "I would imagine that statement rings true for recipients of “investor visas” from and in many countries", ">\n\nIt worked really well in Canada when it was used properly. Investors had to drop money into a business and run it for five years, with the intent of creating new businesses and employment. in about 25 years the diner near me has passed through the hands of four Korean families and they keep 2-4 wait staff employed.", ">\n\nIsn't this how all investor visas are supposed to work? A certain amount of investment every year.", ">\n\nYep. And those families all worked their asses off. The dads cooked and did dishes, mom managed and served, kids served and did dishes when not at school.", ">\n\nFor real. How many oligarchs does Russia have?" ]
> This is the best tl;dr I could make, original reduced by 73%. (I'm a bot) Ten Russia-backed individuals who were put on the UK's sanctions list after the invasion of Ukraine had used a "Golden visa" route for the super rich to move to the UK, Suella Braverman has disclosed. The home secretary said "a minority" of more than 6,000 individuals who used the tier 1 visa route were potentially at high risk of having obtained wealth through corruption, illegality or organised crime - and that many were still under investigation by the police. The disclosures have been made in a written ministerial statement on Thursday after a long-awaited review of the visa scheme, which many had blamed for allowing Kremlin-backed oligarchs to gain a foothold in the UK. The tier 1 visa route, whereby wealthy individuals could buy the right to live in the UK by investing in British-registered companies, was shut in February after Russia's invasion of Ukraine amid fears that the system was being abused. Extended Summary | FAQ | Feedback | Top keywords: visa^#1 route^#2 individuals^#3 home^#4 tier^#5
[ "I would imagine that statement rings true for recipients of “investor visas” from and in many countries", ">\n\nIt worked really well in Canada when it was used properly. Investors had to drop money into a business and run it for five years, with the intent of creating new businesses and employment. in about 25 years the diner near me has passed through the hands of four Korean families and they keep 2-4 wait staff employed.", ">\n\nIsn't this how all investor visas are supposed to work? A certain amount of investment every year.", ">\n\nYep. And those families all worked their asses off. The dads cooked and did dishes, mom managed and served, kids served and did dishes when not at school.", ">\n\nFor real. How many oligarchs does Russia have?", ">\n\nEspecially with them all jumping out of Windows" ]
> Can we start using “oligarch” to describe all billionaires/politicians now?
[ "I would imagine that statement rings true for recipients of “investor visas” from and in many countries", ">\n\nIt worked really well in Canada when it was used properly. Investors had to drop money into a business and run it for five years, with the intent of creating new businesses and employment. in about 25 years the diner near me has passed through the hands of four Korean families and they keep 2-4 wait staff employed.", ">\n\nIsn't this how all investor visas are supposed to work? A certain amount of investment every year.", ">\n\nYep. And those families all worked their asses off. The dads cooked and did dishes, mom managed and served, kids served and did dishes when not at school.", ">\n\nFor real. How many oligarchs does Russia have?", ">\n\nEspecially with them all jumping out of Windows", ">\n\nThis is the best tl;dr I could make, original reduced by 73%. (I'm a bot)\n\n\nTen Russia-backed individuals who were put on the UK's sanctions list after the invasion of Ukraine had used a \"Golden visa\" route for the super rich to move to the UK, Suella Braverman has disclosed.\nThe home secretary said \"a minority\" of more than 6,000 individuals who used the tier 1 visa route were potentially at high risk of having obtained wealth through corruption, illegality or organised crime - and that many were still under investigation by the police.\nThe disclosures have been made in a written ministerial statement on Thursday after a long-awaited review of the visa scheme, which many had blamed for allowing Kremlin-backed oligarchs to gain a foothold in the UK. The tier 1 visa route, whereby wealthy individuals could buy the right to live in the UK by investing in British-registered companies, was shut in February after Russia's invasion of Ukraine amid fears that the system was being abused.\n\n\nExtended Summary | FAQ | Feedback | Top keywords: visa^#1 route^#2 individuals^#3 home^#4 tier^#5" ]
> Yes.
[ "I would imagine that statement rings true for recipients of “investor visas” from and in many countries", ">\n\nIt worked really well in Canada when it was used properly. Investors had to drop money into a business and run it for five years, with the intent of creating new businesses and employment. in about 25 years the diner near me has passed through the hands of four Korean families and they keep 2-4 wait staff employed.", ">\n\nIsn't this how all investor visas are supposed to work? A certain amount of investment every year.", ">\n\nYep. And those families all worked their asses off. The dads cooked and did dishes, mom managed and served, kids served and did dishes when not at school.", ">\n\nFor real. How many oligarchs does Russia have?", ">\n\nEspecially with them all jumping out of Windows", ">\n\nThis is the best tl;dr I could make, original reduced by 73%. (I'm a bot)\n\n\nTen Russia-backed individuals who were put on the UK's sanctions list after the invasion of Ukraine had used a \"Golden visa\" route for the super rich to move to the UK, Suella Braverman has disclosed.\nThe home secretary said \"a minority\" of more than 6,000 individuals who used the tier 1 visa route were potentially at high risk of having obtained wealth through corruption, illegality or organised crime - and that many were still under investigation by the police.\nThe disclosures have been made in a written ministerial statement on Thursday after a long-awaited review of the visa scheme, which many had blamed for allowing Kremlin-backed oligarchs to gain a foothold in the UK. The tier 1 visa route, whereby wealthy individuals could buy the right to live in the UK by investing in British-registered companies, was shut in February after Russia's invasion of Ukraine amid fears that the system was being abused.\n\n\nExtended Summary | FAQ | Feedback | Top keywords: visa^#1 route^#2 individuals^#3 home^#4 tier^#5", ">\n\nCan we start using “oligarch” to describe all billionaires/politicians now?" ]
> Tory donors would be more appropriate.
[ "I would imagine that statement rings true for recipients of “investor visas” from and in many countries", ">\n\nIt worked really well in Canada when it was used properly. Investors had to drop money into a business and run it for five years, with the intent of creating new businesses and employment. in about 25 years the diner near me has passed through the hands of four Korean families and they keep 2-4 wait staff employed.", ">\n\nIsn't this how all investor visas are supposed to work? A certain amount of investment every year.", ">\n\nYep. And those families all worked their asses off. The dads cooked and did dishes, mom managed and served, kids served and did dishes when not at school.", ">\n\nFor real. How many oligarchs does Russia have?", ">\n\nEspecially with them all jumping out of Windows", ">\n\nThis is the best tl;dr I could make, original reduced by 73%. (I'm a bot)\n\n\nTen Russia-backed individuals who were put on the UK's sanctions list after the invasion of Ukraine had used a \"Golden visa\" route for the super rich to move to the UK, Suella Braverman has disclosed.\nThe home secretary said \"a minority\" of more than 6,000 individuals who used the tier 1 visa route were potentially at high risk of having obtained wealth through corruption, illegality or organised crime - and that many were still under investigation by the police.\nThe disclosures have been made in a written ministerial statement on Thursday after a long-awaited review of the visa scheme, which many had blamed for allowing Kremlin-backed oligarchs to gain a foothold in the UK. The tier 1 visa route, whereby wealthy individuals could buy the right to live in the UK by investing in British-registered companies, was shut in February after Russia's invasion of Ukraine amid fears that the system was being abused.\n\n\nExtended Summary | FAQ | Feedback | Top keywords: visa^#1 route^#2 individuals^#3 home^#4 tier^#5", ">\n\nCan we start using “oligarch” to describe all billionaires/politicians now?", ">\n\nYes." ]
> Make them fund a Ukranian Refugee program or something then kick them out.
[ "I would imagine that statement rings true for recipients of “investor visas” from and in many countries", ">\n\nIt worked really well in Canada when it was used properly. Investors had to drop money into a business and run it for five years, with the intent of creating new businesses and employment. in about 25 years the diner near me has passed through the hands of four Korean families and they keep 2-4 wait staff employed.", ">\n\nIsn't this how all investor visas are supposed to work? A certain amount of investment every year.", ">\n\nYep. And those families all worked their asses off. The dads cooked and did dishes, mom managed and served, kids served and did dishes when not at school.", ">\n\nFor real. How many oligarchs does Russia have?", ">\n\nEspecially with them all jumping out of Windows", ">\n\nThis is the best tl;dr I could make, original reduced by 73%. (I'm a bot)\n\n\nTen Russia-backed individuals who were put on the UK's sanctions list after the invasion of Ukraine had used a \"Golden visa\" route for the super rich to move to the UK, Suella Braverman has disclosed.\nThe home secretary said \"a minority\" of more than 6,000 individuals who used the tier 1 visa route were potentially at high risk of having obtained wealth through corruption, illegality or organised crime - and that many were still under investigation by the police.\nThe disclosures have been made in a written ministerial statement on Thursday after a long-awaited review of the visa scheme, which many had blamed for allowing Kremlin-backed oligarchs to gain a foothold in the UK. The tier 1 visa route, whereby wealthy individuals could buy the right to live in the UK by investing in British-registered companies, was shut in February after Russia's invasion of Ukraine amid fears that the system was being abused.\n\n\nExtended Summary | FAQ | Feedback | Top keywords: visa^#1 route^#2 individuals^#3 home^#4 tier^#5", ">\n\nCan we start using “oligarch” to describe all billionaires/politicians now?", ">\n\nYes.", ">\n\nTory donors would be more appropriate." ]
> My god! Are we suggesting that rich people can buy their way out of anything? I am shocked, shocked I tell you.
[ "I would imagine that statement rings true for recipients of “investor visas” from and in many countries", ">\n\nIt worked really well in Canada when it was used properly. Investors had to drop money into a business and run it for five years, with the intent of creating new businesses and employment. in about 25 years the diner near me has passed through the hands of four Korean families and they keep 2-4 wait staff employed.", ">\n\nIsn't this how all investor visas are supposed to work? A certain amount of investment every year.", ">\n\nYep. And those families all worked their asses off. The dads cooked and did dishes, mom managed and served, kids served and did dishes when not at school.", ">\n\nFor real. How many oligarchs does Russia have?", ">\n\nEspecially with them all jumping out of Windows", ">\n\nThis is the best tl;dr I could make, original reduced by 73%. (I'm a bot)\n\n\nTen Russia-backed individuals who were put on the UK's sanctions list after the invasion of Ukraine had used a \"Golden visa\" route for the super rich to move to the UK, Suella Braverman has disclosed.\nThe home secretary said \"a minority\" of more than 6,000 individuals who used the tier 1 visa route were potentially at high risk of having obtained wealth through corruption, illegality or organised crime - and that many were still under investigation by the police.\nThe disclosures have been made in a written ministerial statement on Thursday after a long-awaited review of the visa scheme, which many had blamed for allowing Kremlin-backed oligarchs to gain a foothold in the UK. The tier 1 visa route, whereby wealthy individuals could buy the right to live in the UK by investing in British-registered companies, was shut in February after Russia's invasion of Ukraine amid fears that the system was being abused.\n\n\nExtended Summary | FAQ | Feedback | Top keywords: visa^#1 route^#2 individuals^#3 home^#4 tier^#5", ">\n\nCan we start using “oligarch” to describe all billionaires/politicians now?", ">\n\nYes.", ">\n\nTory donors would be more appropriate.", ">\n\nMake them fund a Ukranian Refugee program or something then kick them out." ]
> The dissonance between UK putting their back in helping with the Ukrainian war effort and UK being a leisure hive for Russian oligarchs is very strange. It makes it hard to tell if they are in Russia's pocket or not.
[ "I would imagine that statement rings true for recipients of “investor visas” from and in many countries", ">\n\nIt worked really well in Canada when it was used properly. Investors had to drop money into a business and run it for five years, with the intent of creating new businesses and employment. in about 25 years the diner near me has passed through the hands of four Korean families and they keep 2-4 wait staff employed.", ">\n\nIsn't this how all investor visas are supposed to work? A certain amount of investment every year.", ">\n\nYep. And those families all worked their asses off. The dads cooked and did dishes, mom managed and served, kids served and did dishes when not at school.", ">\n\nFor real. How many oligarchs does Russia have?", ">\n\nEspecially with them all jumping out of Windows", ">\n\nThis is the best tl;dr I could make, original reduced by 73%. (I'm a bot)\n\n\nTen Russia-backed individuals who were put on the UK's sanctions list after the invasion of Ukraine had used a \"Golden visa\" route for the super rich to move to the UK, Suella Braverman has disclosed.\nThe home secretary said \"a minority\" of more than 6,000 individuals who used the tier 1 visa route were potentially at high risk of having obtained wealth through corruption, illegality or organised crime - and that many were still under investigation by the police.\nThe disclosures have been made in a written ministerial statement on Thursday after a long-awaited review of the visa scheme, which many had blamed for allowing Kremlin-backed oligarchs to gain a foothold in the UK. The tier 1 visa route, whereby wealthy individuals could buy the right to live in the UK by investing in British-registered companies, was shut in February after Russia's invasion of Ukraine amid fears that the system was being abused.\n\n\nExtended Summary | FAQ | Feedback | Top keywords: visa^#1 route^#2 individuals^#3 home^#4 tier^#5", ">\n\nCan we start using “oligarch” to describe all billionaires/politicians now?", ">\n\nYes.", ">\n\nTory donors would be more appropriate.", ">\n\nMake them fund a Ukranian Refugee program or something then kick them out.", ">\n\nMy god! Are we suggesting that rich people can buy their way out of anything? I am shocked, shocked I tell you." ]
> Most of those people are wanted in Russia and most likely will be jailed as soon as they cross the border. So why should they lobby against UA support?
[ "I would imagine that statement rings true for recipients of “investor visas” from and in many countries", ">\n\nIt worked really well in Canada when it was used properly. Investors had to drop money into a business and run it for five years, with the intent of creating new businesses and employment. in about 25 years the diner near me has passed through the hands of four Korean families and they keep 2-4 wait staff employed.", ">\n\nIsn't this how all investor visas are supposed to work? A certain amount of investment every year.", ">\n\nYep. And those families all worked their asses off. The dads cooked and did dishes, mom managed and served, kids served and did dishes when not at school.", ">\n\nFor real. How many oligarchs does Russia have?", ">\n\nEspecially with them all jumping out of Windows", ">\n\nThis is the best tl;dr I could make, original reduced by 73%. (I'm a bot)\n\n\nTen Russia-backed individuals who were put on the UK's sanctions list after the invasion of Ukraine had used a \"Golden visa\" route for the super rich to move to the UK, Suella Braverman has disclosed.\nThe home secretary said \"a minority\" of more than 6,000 individuals who used the tier 1 visa route were potentially at high risk of having obtained wealth through corruption, illegality or organised crime - and that many were still under investigation by the police.\nThe disclosures have been made in a written ministerial statement on Thursday after a long-awaited review of the visa scheme, which many had blamed for allowing Kremlin-backed oligarchs to gain a foothold in the UK. The tier 1 visa route, whereby wealthy individuals could buy the right to live in the UK by investing in British-registered companies, was shut in February after Russia's invasion of Ukraine amid fears that the system was being abused.\n\n\nExtended Summary | FAQ | Feedback | Top keywords: visa^#1 route^#2 individuals^#3 home^#4 tier^#5", ">\n\nCan we start using “oligarch” to describe all billionaires/politicians now?", ">\n\nYes.", ">\n\nTory donors would be more appropriate.", ">\n\nMake them fund a Ukranian Refugee program or something then kick them out.", ">\n\nMy god! Are we suggesting that rich people can buy their way out of anything? I am shocked, shocked I tell you.", ">\n\nThe dissonance between UK putting their back in helping with the Ukrainian war effort and UK being a leisure hive for Russian oligarchs is very strange. It makes it hard to tell if they are in Russia's pocket or not." ]
> Send them to Rwanda
[ "I would imagine that statement rings true for recipients of “investor visas” from and in many countries", ">\n\nIt worked really well in Canada when it was used properly. Investors had to drop money into a business and run it for five years, with the intent of creating new businesses and employment. in about 25 years the diner near me has passed through the hands of four Korean families and they keep 2-4 wait staff employed.", ">\n\nIsn't this how all investor visas are supposed to work? A certain amount of investment every year.", ">\n\nYep. And those families all worked their asses off. The dads cooked and did dishes, mom managed and served, kids served and did dishes when not at school.", ">\n\nFor real. How many oligarchs does Russia have?", ">\n\nEspecially with them all jumping out of Windows", ">\n\nThis is the best tl;dr I could make, original reduced by 73%. (I'm a bot)\n\n\nTen Russia-backed individuals who were put on the UK's sanctions list after the invasion of Ukraine had used a \"Golden visa\" route for the super rich to move to the UK, Suella Braverman has disclosed.\nThe home secretary said \"a minority\" of more than 6,000 individuals who used the tier 1 visa route were potentially at high risk of having obtained wealth through corruption, illegality or organised crime - and that many were still under investigation by the police.\nThe disclosures have been made in a written ministerial statement on Thursday after a long-awaited review of the visa scheme, which many had blamed for allowing Kremlin-backed oligarchs to gain a foothold in the UK. The tier 1 visa route, whereby wealthy individuals could buy the right to live in the UK by investing in British-registered companies, was shut in February after Russia's invasion of Ukraine amid fears that the system was being abused.\n\n\nExtended Summary | FAQ | Feedback | Top keywords: visa^#1 route^#2 individuals^#3 home^#4 tier^#5", ">\n\nCan we start using “oligarch” to describe all billionaires/politicians now?", ">\n\nYes.", ">\n\nTory donors would be more appropriate.", ">\n\nMake them fund a Ukranian Refugee program or something then kick them out.", ">\n\nMy god! Are we suggesting that rich people can buy their way out of anything? I am shocked, shocked I tell you.", ">\n\nThe dissonance between UK putting their back in helping with the Ukrainian war effort and UK being a leisure hive for Russian oligarchs is very strange. It makes it hard to tell if they are in Russia's pocket or not.", ">\n\nMost of those people are wanted in Russia and most likely will be jailed as soon as they cross the border. So why should they lobby against UA support?" ]
> I hope this government is pursued properly for the actions they have committed while in power. They refused to apply sanctions to certain Russians for a very long time. They refused to allow an inquiry into Russian interference. They even put a Russian in the House of Lords, against the advice of both MI5 and the Lords assessment committee. Greed before country at every turn.
[ "I would imagine that statement rings true for recipients of “investor visas” from and in many countries", ">\n\nIt worked really well in Canada when it was used properly. Investors had to drop money into a business and run it for five years, with the intent of creating new businesses and employment. in about 25 years the diner near me has passed through the hands of four Korean families and they keep 2-4 wait staff employed.", ">\n\nIsn't this how all investor visas are supposed to work? A certain amount of investment every year.", ">\n\nYep. And those families all worked their asses off. The dads cooked and did dishes, mom managed and served, kids served and did dishes when not at school.", ">\n\nFor real. How many oligarchs does Russia have?", ">\n\nEspecially with them all jumping out of Windows", ">\n\nThis is the best tl;dr I could make, original reduced by 73%. (I'm a bot)\n\n\nTen Russia-backed individuals who were put on the UK's sanctions list after the invasion of Ukraine had used a \"Golden visa\" route for the super rich to move to the UK, Suella Braverman has disclosed.\nThe home secretary said \"a minority\" of more than 6,000 individuals who used the tier 1 visa route were potentially at high risk of having obtained wealth through corruption, illegality or organised crime - and that many were still under investigation by the police.\nThe disclosures have been made in a written ministerial statement on Thursday after a long-awaited review of the visa scheme, which many had blamed for allowing Kremlin-backed oligarchs to gain a foothold in the UK. The tier 1 visa route, whereby wealthy individuals could buy the right to live in the UK by investing in British-registered companies, was shut in February after Russia's invasion of Ukraine amid fears that the system was being abused.\n\n\nExtended Summary | FAQ | Feedback | Top keywords: visa^#1 route^#2 individuals^#3 home^#4 tier^#5", ">\n\nCan we start using “oligarch” to describe all billionaires/politicians now?", ">\n\nYes.", ">\n\nTory donors would be more appropriate.", ">\n\nMake them fund a Ukranian Refugee program or something then kick them out.", ">\n\nMy god! Are we suggesting that rich people can buy their way out of anything? I am shocked, shocked I tell you.", ">\n\nThe dissonance between UK putting their back in helping with the Ukrainian war effort and UK being a leisure hive for Russian oligarchs is very strange. It makes it hard to tell if they are in Russia's pocket or not.", ">\n\nMost of those people are wanted in Russia and most likely will be jailed as soon as they cross the border. So why should they lobby against UA support?", ">\n\nSend them to Rwanda" ]
> Gee. I'm sure the 'businessman' from the highly corrupt authoritarian country who has billions in various off-shore accounts, is a totally trustworthy and ethical person and exactly the type of guy we want to have lots of political leverage in our country! I know it - because he told me he was, when he gave me that briefcase full of used £100 notes then showed me the photos he had of me having sex with a dog! Whilst the headline is a bit misleading at least it's reminding people that these fuckers exist and that the conservative party is owned by them (among other oligarchs from elsewhere).
[ "I would imagine that statement rings true for recipients of “investor visas” from and in many countries", ">\n\nIt worked really well in Canada when it was used properly. Investors had to drop money into a business and run it for five years, with the intent of creating new businesses and employment. in about 25 years the diner near me has passed through the hands of four Korean families and they keep 2-4 wait staff employed.", ">\n\nIsn't this how all investor visas are supposed to work? A certain amount of investment every year.", ">\n\nYep. And those families all worked their asses off. The dads cooked and did dishes, mom managed and served, kids served and did dishes when not at school.", ">\n\nFor real. How many oligarchs does Russia have?", ">\n\nEspecially with them all jumping out of Windows", ">\n\nThis is the best tl;dr I could make, original reduced by 73%. (I'm a bot)\n\n\nTen Russia-backed individuals who were put on the UK's sanctions list after the invasion of Ukraine had used a \"Golden visa\" route for the super rich to move to the UK, Suella Braverman has disclosed.\nThe home secretary said \"a minority\" of more than 6,000 individuals who used the tier 1 visa route were potentially at high risk of having obtained wealth through corruption, illegality or organised crime - and that many were still under investigation by the police.\nThe disclosures have been made in a written ministerial statement on Thursday after a long-awaited review of the visa scheme, which many had blamed for allowing Kremlin-backed oligarchs to gain a foothold in the UK. The tier 1 visa route, whereby wealthy individuals could buy the right to live in the UK by investing in British-registered companies, was shut in February after Russia's invasion of Ukraine amid fears that the system was being abused.\n\n\nExtended Summary | FAQ | Feedback | Top keywords: visa^#1 route^#2 individuals^#3 home^#4 tier^#5", ">\n\nCan we start using “oligarch” to describe all billionaires/politicians now?", ">\n\nYes.", ">\n\nTory donors would be more appropriate.", ">\n\nMake them fund a Ukranian Refugee program or something then kick them out.", ">\n\nMy god! Are we suggesting that rich people can buy their way out of anything? I am shocked, shocked I tell you.", ">\n\nThe dissonance between UK putting their back in helping with the Ukrainian war effort and UK being a leisure hive for Russian oligarchs is very strange. It makes it hard to tell if they are in Russia's pocket or not.", ">\n\nMost of those people are wanted in Russia and most likely will be jailed as soon as they cross the border. So why should they lobby against UA support?", ">\n\nSend them to Rwanda", ">\n\nI hope this government is pursued properly for the actions they have committed while in power. They refused to apply sanctions to certain Russians for a very long time. They refused to allow an inquiry into Russian interference. They even put a Russian in the House of Lords, against the advice of both MI5 and the Lords assessment committee. Greed before country at every turn." ]
>
[ "I would imagine that statement rings true for recipients of “investor visas” from and in many countries", ">\n\nIt worked really well in Canada when it was used properly. Investors had to drop money into a business and run it for five years, with the intent of creating new businesses and employment. in about 25 years the diner near me has passed through the hands of four Korean families and they keep 2-4 wait staff employed.", ">\n\nIsn't this how all investor visas are supposed to work? A certain amount of investment every year.", ">\n\nYep. And those families all worked their asses off. The dads cooked and did dishes, mom managed and served, kids served and did dishes when not at school.", ">\n\nFor real. How many oligarchs does Russia have?", ">\n\nEspecially with them all jumping out of Windows", ">\n\nThis is the best tl;dr I could make, original reduced by 73%. (I'm a bot)\n\n\nTen Russia-backed individuals who were put on the UK's sanctions list after the invasion of Ukraine had used a \"Golden visa\" route for the super rich to move to the UK, Suella Braverman has disclosed.\nThe home secretary said \"a minority\" of more than 6,000 individuals who used the tier 1 visa route were potentially at high risk of having obtained wealth through corruption, illegality or organised crime - and that many were still under investigation by the police.\nThe disclosures have been made in a written ministerial statement on Thursday after a long-awaited review of the visa scheme, which many had blamed for allowing Kremlin-backed oligarchs to gain a foothold in the UK. The tier 1 visa route, whereby wealthy individuals could buy the right to live in the UK by investing in British-registered companies, was shut in February after Russia's invasion of Ukraine amid fears that the system was being abused.\n\n\nExtended Summary | FAQ | Feedback | Top keywords: visa^#1 route^#2 individuals^#3 home^#4 tier^#5", ">\n\nCan we start using “oligarch” to describe all billionaires/politicians now?", ">\n\nYes.", ">\n\nTory donors would be more appropriate.", ">\n\nMake them fund a Ukranian Refugee program or something then kick them out.", ">\n\nMy god! Are we suggesting that rich people can buy their way out of anything? I am shocked, shocked I tell you.", ">\n\nThe dissonance between UK putting their back in helping with the Ukrainian war effort and UK being a leisure hive for Russian oligarchs is very strange. It makes it hard to tell if they are in Russia's pocket or not.", ">\n\nMost of those people are wanted in Russia and most likely will be jailed as soon as they cross the border. So why should they lobby against UA support?", ">\n\nSend them to Rwanda", ">\n\nI hope this government is pursued properly for the actions they have committed while in power. They refused to apply sanctions to certain Russians for a very long time. They refused to allow an inquiry into Russian interference. They even put a Russian in the House of Lords, against the advice of both MI5 and the Lords assessment committee. Greed before country at every turn.", ">\n\nGee. I'm sure the 'businessman' from the highly corrupt authoritarian country who has billions in various off-shore accounts, is a totally trustworthy and ethical person and exactly the type of guy we want to have lots of political leverage in our country!\nI know it - because he told me he was, when he gave me that briefcase full of used £100 notes then showed me the photos he had of me having sex with a dog!\nWhilst the headline is a bit misleading at least it's reminding people that these fuckers exist and that the conservative party is owned by them (among other oligarchs from elsewhere)." ]
Welcome to NATO!
[]
> I wonder if it was kept under wraps until this very moment as a bargaining chip.
[ "Welcome to NATO!" ]
> 'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' -Sweden
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip." ]
> "To our surprise they were already forged, purified and polished"
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden" ]
> "And they had Swiss markings."
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"" ]
> "Which is good because we are Swiss" I am stupid.....
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"" ]
> Switzerland is where the 'Swiss' live. Sweden is where the 'Swedes' live. Source: I am descended from 'Swedes'.
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid....." ]
> Swede is also a kind of turnip
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'." ]
> Ok, Denmark.
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip" ]
> They call it that in the UK too apparently.
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip", ">\n\nOk, Denmark." ]
> Swedish geologist here who can provide a bit of context to this. As it happens my main field is rare earth elements (REE), and their formation within these types of ores that they are talking about. I have no connection to LKAB, the state owned mining firm that announced the discovery. While they are hailing this as a deposit of REEs what it most likely is is a greenwashing by the Swedish state, and LKAB to more easily sell the public on more iron mining, as this is really just yet another iron ore that happens to have a high content of REE. Shockingly high to be honest, almost enough to make me a bit skeptical that they hadn’t misplaced a decimal in the press release. The major iron ore deposits that are mined in the Kiruna area, Kirunavaara, Malmberget and so on are what are known as iron-oxide apatite deposits. These occur in other places in Sweden, including central Sweden, Grängesberg, Blötberget to name a couple, and in the world. They are rich in, well, iron, as well as the mineral apatite, which containes abundant phosphorus. Phosphate minerals like apatite have a habit of acting as sort of a vacuum for REEs, enriching them in thes iron ores. These deposits also contain other REE minerals, xenotime, monazite, allanite. Now why do I suggest that this is greenwashing? Well REEs are a hot topic right now due to being metals that are critical in transitioning to green technology, as well as other high tech uses. The currently mined iron oxide apatite mines up right next door to this new ore body also are rich in REE. Not as rich, but they come out to be about 0.07 percent on average in these ores, but the sheer volume of ore means that the potential tonnage is high. But they aren't hailed in the media as a harbinger of European REE independance. Now, apatite and its phosphorus is not wanted in iron, so when the iron ore is crushed and enriched on site, it produces a waste sand known as tailings, which are then dumped in ponds near to the mine. The tailings are enriched in the apatite and other REE rich minerals, as the iron has been taken out. Just the tailings pond in Kiruna, which amount to 76 million tonnes of tailings (as of 2019) have been measured to contain 0.12% REE. Pretty close to what is reported from this new deposit. Combined with other tailings repositories in the area, it is potentially hundreds of thousands of tonnes of REE just sitting there, ready to go more or less, already mined and crushed. They could easily be exploiting that resource if they were serious about REE production. To be fair, there are projects working on it, but it is still small scale pilot projects. But they don't get splashy international headlines because like I said, I doubt this is really about them hot to mine REE. It is because they want to get at the easy to extract, easy to process iron fast, so the Swedish government makes a big announcement, to sell this as an REE deposit and try and get mining it faster, and wrapping it up in a big green bow to try and make the environmentalists and the Sami keep quiet.
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip", ">\n\nOk, Denmark.", ">\n\nThey call it that in the UK too apparently." ]
> try and make the Sami keep quiet. A time honoured Swedish tradition.
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip", ">\n\nOk, Denmark.", ">\n\nThey call it that in the UK too apparently.", ">\n\nSwedish geologist here who can provide a bit of context to this. As it happens my main field is rare earth elements (REE), and their formation within these types of ores that they are talking about. I have no connection to LKAB, the state owned mining firm that announced the discovery. \nWhile they are hailing this as a deposit of REEs what it most likely is is a greenwashing by the Swedish state, and LKAB to more easily sell the public on more iron mining, as this is really just yet another iron ore that happens to have a high content of REE. Shockingly high to be honest, almost enough to make me a bit skeptical that they hadn’t misplaced a decimal in the press release. \nThe major iron ore deposits that are mined in the Kiruna area, Kirunavaara, Malmberget and so on are what are known as iron-oxide apatite deposits. These occur in other places in Sweden, including central Sweden, Grängesberg, Blötberget to name a couple, and in the world. They are rich in, well, iron, as well as the mineral apatite, which containes abundant phosphorus. Phosphate minerals like apatite have a habit of acting as sort of a vacuum for REEs, enriching them in thes iron ores. These deposits also contain other REE minerals, xenotime, monazite, allanite.\nNow why do I suggest that this is greenwashing? Well REEs are a hot topic right now due to being metals that are critical in transitioning to green technology, as well as other high tech uses. \nThe currently mined iron oxide apatite mines up right next door to this new ore body also are rich in REE. Not as rich, but they come out to be about 0.07 percent on average in these ores, but the sheer volume of ore means that the potential tonnage is high. But they aren't hailed in the media as a harbinger of European REE independance. \nNow, apatite and its phosphorus is not wanted in iron, so when the iron ore is crushed and enriched on site, it produces a waste sand known as tailings, which are then dumped in ponds near to the mine. The tailings are enriched in the apatite and other REE rich minerals, as the iron has been taken out. \nJust the tailings pond in Kiruna, which amount to 76 million tonnes of tailings (as of 2019) have been measured to contain 0.12% REE. Pretty close to what is reported from this new deposit. Combined with other tailings repositories in the area, it is potentially hundreds of thousands of tonnes of REE just sitting there, ready to go more or less, already mined and crushed. They could easily be exploiting that resource if they were serious about REE production. To be fair, there are projects working on it, but it is still small scale pilot projects.\nBut they don't get splashy international headlines because like I said, I doubt this is really about them hot to mine REE. It is because they want to get at the easy to extract, easy to process iron fast, so the Swedish government makes a big announcement, to sell this as an REE deposit and try and get mining it faster, and wrapping it up in a big green bow to try and make the environmentalists and the Sami keep quiet." ]
> What is the Sami?
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip", ">\n\nOk, Denmark.", ">\n\nThey call it that in the UK too apparently.", ">\n\nSwedish geologist here who can provide a bit of context to this. As it happens my main field is rare earth elements (REE), and their formation within these types of ores that they are talking about. I have no connection to LKAB, the state owned mining firm that announced the discovery. \nWhile they are hailing this as a deposit of REEs what it most likely is is a greenwashing by the Swedish state, and LKAB to more easily sell the public on more iron mining, as this is really just yet another iron ore that happens to have a high content of REE. Shockingly high to be honest, almost enough to make me a bit skeptical that they hadn’t misplaced a decimal in the press release. \nThe major iron ore deposits that are mined in the Kiruna area, Kirunavaara, Malmberget and so on are what are known as iron-oxide apatite deposits. These occur in other places in Sweden, including central Sweden, Grängesberg, Blötberget to name a couple, and in the world. They are rich in, well, iron, as well as the mineral apatite, which containes abundant phosphorus. Phosphate minerals like apatite have a habit of acting as sort of a vacuum for REEs, enriching them in thes iron ores. These deposits also contain other REE minerals, xenotime, monazite, allanite.\nNow why do I suggest that this is greenwashing? Well REEs are a hot topic right now due to being metals that are critical in transitioning to green technology, as well as other high tech uses. \nThe currently mined iron oxide apatite mines up right next door to this new ore body also are rich in REE. Not as rich, but they come out to be about 0.07 percent on average in these ores, but the sheer volume of ore means that the potential tonnage is high. But they aren't hailed in the media as a harbinger of European REE independance. \nNow, apatite and its phosphorus is not wanted in iron, so when the iron ore is crushed and enriched on site, it produces a waste sand known as tailings, which are then dumped in ponds near to the mine. The tailings are enriched in the apatite and other REE rich minerals, as the iron has been taken out. \nJust the tailings pond in Kiruna, which amount to 76 million tonnes of tailings (as of 2019) have been measured to contain 0.12% REE. Pretty close to what is reported from this new deposit. Combined with other tailings repositories in the area, it is potentially hundreds of thousands of tonnes of REE just sitting there, ready to go more or less, already mined and crushed. They could easily be exploiting that resource if they were serious about REE production. To be fair, there are projects working on it, but it is still small scale pilot projects.\nBut they don't get splashy international headlines because like I said, I doubt this is really about them hot to mine REE. It is because they want to get at the easy to extract, easy to process iron fast, so the Swedish government makes a big announcement, to sell this as an REE deposit and try and get mining it faster, and wrapping it up in a big green bow to try and make the environmentalists and the Sami keep quiet.", ">\n\n\ntry and make the Sami keep quiet. \n\nA time honoured Swedish tradition." ]
> They are the original indigenous people of the far north of Fennoscandia, inhabiting the northern parts of Norway, Sweden and Finland. Culturally and linguistically they are somewhat related to the Finns, but were traditionally nomadic. They were displaced north progressively by the Germanic Scandinavians and Christian Finns from the south, and then starting in the 1800s they suffered a similar kind of treatment as indigenous people in other parts of the world, including discrimination, forced assimilation practices and attempts to erase their cultures and languages. Today they are recognised as the indigenous people of the north and have some autonomy and protection, but there is a long history in Sweden and the other Nordic countries of ignoring and mistreating them. That is what OP was referring to. The Sami lands are rich in many minerals, and also are home to a lot of hydroelectric capacity, and that means that their lands have suffered negatively from an environmental perspective despite their opposition.
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip", ">\n\nOk, Denmark.", ">\n\nThey call it that in the UK too apparently.", ">\n\nSwedish geologist here who can provide a bit of context to this. As it happens my main field is rare earth elements (REE), and their formation within these types of ores that they are talking about. I have no connection to LKAB, the state owned mining firm that announced the discovery. \nWhile they are hailing this as a deposit of REEs what it most likely is is a greenwashing by the Swedish state, and LKAB to more easily sell the public on more iron mining, as this is really just yet another iron ore that happens to have a high content of REE. Shockingly high to be honest, almost enough to make me a bit skeptical that they hadn’t misplaced a decimal in the press release. \nThe major iron ore deposits that are mined in the Kiruna area, Kirunavaara, Malmberget and so on are what are known as iron-oxide apatite deposits. These occur in other places in Sweden, including central Sweden, Grängesberg, Blötberget to name a couple, and in the world. They are rich in, well, iron, as well as the mineral apatite, which containes abundant phosphorus. Phosphate minerals like apatite have a habit of acting as sort of a vacuum for REEs, enriching them in thes iron ores. These deposits also contain other REE minerals, xenotime, monazite, allanite.\nNow why do I suggest that this is greenwashing? Well REEs are a hot topic right now due to being metals that are critical in transitioning to green technology, as well as other high tech uses. \nThe currently mined iron oxide apatite mines up right next door to this new ore body also are rich in REE. Not as rich, but they come out to be about 0.07 percent on average in these ores, but the sheer volume of ore means that the potential tonnage is high. But they aren't hailed in the media as a harbinger of European REE independance. \nNow, apatite and its phosphorus is not wanted in iron, so when the iron ore is crushed and enriched on site, it produces a waste sand known as tailings, which are then dumped in ponds near to the mine. The tailings are enriched in the apatite and other REE rich minerals, as the iron has been taken out. \nJust the tailings pond in Kiruna, which amount to 76 million tonnes of tailings (as of 2019) have been measured to contain 0.12% REE. Pretty close to what is reported from this new deposit. Combined with other tailings repositories in the area, it is potentially hundreds of thousands of tonnes of REE just sitting there, ready to go more or less, already mined and crushed. They could easily be exploiting that resource if they were serious about REE production. To be fair, there are projects working on it, but it is still small scale pilot projects.\nBut they don't get splashy international headlines because like I said, I doubt this is really about them hot to mine REE. It is because they want to get at the easy to extract, easy to process iron fast, so the Swedish government makes a big announcement, to sell this as an REE deposit and try and get mining it faster, and wrapping it up in a big green bow to try and make the environmentalists and the Sami keep quiet.", ">\n\n\ntry and make the Sami keep quiet. \n\nA time honoured Swedish tradition.", ">\n\nWhat is the Sami?" ]
> original indigenous people very far from, komsa culture is more than 8000 years before, they are indigenous because they were inhabitants before the countries were officially countries
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip", ">\n\nOk, Denmark.", ">\n\nThey call it that in the UK too apparently.", ">\n\nSwedish geologist here who can provide a bit of context to this. As it happens my main field is rare earth elements (REE), and their formation within these types of ores that they are talking about. I have no connection to LKAB, the state owned mining firm that announced the discovery. \nWhile they are hailing this as a deposit of REEs what it most likely is is a greenwashing by the Swedish state, and LKAB to more easily sell the public on more iron mining, as this is really just yet another iron ore that happens to have a high content of REE. Shockingly high to be honest, almost enough to make me a bit skeptical that they hadn’t misplaced a decimal in the press release. \nThe major iron ore deposits that are mined in the Kiruna area, Kirunavaara, Malmberget and so on are what are known as iron-oxide apatite deposits. These occur in other places in Sweden, including central Sweden, Grängesberg, Blötberget to name a couple, and in the world. They are rich in, well, iron, as well as the mineral apatite, which containes abundant phosphorus. Phosphate minerals like apatite have a habit of acting as sort of a vacuum for REEs, enriching them in thes iron ores. These deposits also contain other REE minerals, xenotime, monazite, allanite.\nNow why do I suggest that this is greenwashing? Well REEs are a hot topic right now due to being metals that are critical in transitioning to green technology, as well as other high tech uses. \nThe currently mined iron oxide apatite mines up right next door to this new ore body also are rich in REE. Not as rich, but they come out to be about 0.07 percent on average in these ores, but the sheer volume of ore means that the potential tonnage is high. But they aren't hailed in the media as a harbinger of European REE independance. \nNow, apatite and its phosphorus is not wanted in iron, so when the iron ore is crushed and enriched on site, it produces a waste sand known as tailings, which are then dumped in ponds near to the mine. The tailings are enriched in the apatite and other REE rich minerals, as the iron has been taken out. \nJust the tailings pond in Kiruna, which amount to 76 million tonnes of tailings (as of 2019) have been measured to contain 0.12% REE. Pretty close to what is reported from this new deposit. Combined with other tailings repositories in the area, it is potentially hundreds of thousands of tonnes of REE just sitting there, ready to go more or less, already mined and crushed. They could easily be exploiting that resource if they were serious about REE production. To be fair, there are projects working on it, but it is still small scale pilot projects.\nBut they don't get splashy international headlines because like I said, I doubt this is really about them hot to mine REE. It is because they want to get at the easy to extract, easy to process iron fast, so the Swedish government makes a big announcement, to sell this as an REE deposit and try and get mining it faster, and wrapping it up in a big green bow to try and make the environmentalists and the Sami keep quiet.", ">\n\n\ntry and make the Sami keep quiet. \n\nA time honoured Swedish tradition.", ">\n\nWhat is the Sami?", ">\n\nThey are the original indigenous people of the far north of Fennoscandia, inhabiting the northern parts of Norway, Sweden and Finland. Culturally and linguistically they are somewhat related to the Finns, but were traditionally nomadic. They were displaced north progressively by the Germanic Scandinavians and Christian Finns from the south, and then starting in the 1800s they suffered a similar kind of treatment as indigenous people in other parts of the world, including discrimination, forced assimilation practices and attempts to erase their cultures and languages.\nToday they are recognised as the indigenous people of the north and have some autonomy and protection, but there is a long history in Sweden and the other Nordic countries of ignoring and mistreating them. That is what OP was referring to. The Sami lands are rich in many minerals, and also are home to a lot of hydroelectric capacity, and that means that their lands have suffered negatively from an environmental perspective despite their opposition." ]
> The Sami settled from the East, Bronze Age swedes from the South. They were mixed for many centuries, with the "forest Sami" living as far South as Dalarna. The Sami would have a nomadic or semi-nomadic culture not far from settled farmers. Meanwhile, the southern Swedes settled the Baltic Sea coast quite early on, even pretty far up north. The area around e.g. Kiruna was colonized later in a more intentional way.
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip", ">\n\nOk, Denmark.", ">\n\nThey call it that in the UK too apparently.", ">\n\nSwedish geologist here who can provide a bit of context to this. As it happens my main field is rare earth elements (REE), and their formation within these types of ores that they are talking about. I have no connection to LKAB, the state owned mining firm that announced the discovery. \nWhile they are hailing this as a deposit of REEs what it most likely is is a greenwashing by the Swedish state, and LKAB to more easily sell the public on more iron mining, as this is really just yet another iron ore that happens to have a high content of REE. Shockingly high to be honest, almost enough to make me a bit skeptical that they hadn’t misplaced a decimal in the press release. \nThe major iron ore deposits that are mined in the Kiruna area, Kirunavaara, Malmberget and so on are what are known as iron-oxide apatite deposits. These occur in other places in Sweden, including central Sweden, Grängesberg, Blötberget to name a couple, and in the world. They are rich in, well, iron, as well as the mineral apatite, which containes abundant phosphorus. Phosphate minerals like apatite have a habit of acting as sort of a vacuum for REEs, enriching them in thes iron ores. These deposits also contain other REE minerals, xenotime, monazite, allanite.\nNow why do I suggest that this is greenwashing? Well REEs are a hot topic right now due to being metals that are critical in transitioning to green technology, as well as other high tech uses. \nThe currently mined iron oxide apatite mines up right next door to this new ore body also are rich in REE. Not as rich, but they come out to be about 0.07 percent on average in these ores, but the sheer volume of ore means that the potential tonnage is high. But they aren't hailed in the media as a harbinger of European REE independance. \nNow, apatite and its phosphorus is not wanted in iron, so when the iron ore is crushed and enriched on site, it produces a waste sand known as tailings, which are then dumped in ponds near to the mine. The tailings are enriched in the apatite and other REE rich minerals, as the iron has been taken out. \nJust the tailings pond in Kiruna, which amount to 76 million tonnes of tailings (as of 2019) have been measured to contain 0.12% REE. Pretty close to what is reported from this new deposit. Combined with other tailings repositories in the area, it is potentially hundreds of thousands of tonnes of REE just sitting there, ready to go more or less, already mined and crushed. They could easily be exploiting that resource if they were serious about REE production. To be fair, there are projects working on it, but it is still small scale pilot projects.\nBut they don't get splashy international headlines because like I said, I doubt this is really about them hot to mine REE. It is because they want to get at the easy to extract, easy to process iron fast, so the Swedish government makes a big announcement, to sell this as an REE deposit and try and get mining it faster, and wrapping it up in a big green bow to try and make the environmentalists and the Sami keep quiet.", ">\n\n\ntry and make the Sami keep quiet. \n\nA time honoured Swedish tradition.", ">\n\nWhat is the Sami?", ">\n\nThey are the original indigenous people of the far north of Fennoscandia, inhabiting the northern parts of Norway, Sweden and Finland. Culturally and linguistically they are somewhat related to the Finns, but were traditionally nomadic. They were displaced north progressively by the Germanic Scandinavians and Christian Finns from the south, and then starting in the 1800s they suffered a similar kind of treatment as indigenous people in other parts of the world, including discrimination, forced assimilation practices and attempts to erase their cultures and languages.\nToday they are recognised as the indigenous people of the north and have some autonomy and protection, but there is a long history in Sweden and the other Nordic countries of ignoring and mistreating them. That is what OP was referring to. The Sami lands are rich in many minerals, and also are home to a lot of hydroelectric capacity, and that means that their lands have suffered negatively from an environmental perspective despite their opposition.", ">\n\n\noriginal indigenous people \n\nvery far from, komsa culture is more than 8000 years before, they are indigenous because they were inhabitants before the countries were officially countries" ]
> yes, but komsa people settled north of samis/kvens before that
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip", ">\n\nOk, Denmark.", ">\n\nThey call it that in the UK too apparently.", ">\n\nSwedish geologist here who can provide a bit of context to this. As it happens my main field is rare earth elements (REE), and their formation within these types of ores that they are talking about. I have no connection to LKAB, the state owned mining firm that announced the discovery. \nWhile they are hailing this as a deposit of REEs what it most likely is is a greenwashing by the Swedish state, and LKAB to more easily sell the public on more iron mining, as this is really just yet another iron ore that happens to have a high content of REE. Shockingly high to be honest, almost enough to make me a bit skeptical that they hadn’t misplaced a decimal in the press release. \nThe major iron ore deposits that are mined in the Kiruna area, Kirunavaara, Malmberget and so on are what are known as iron-oxide apatite deposits. These occur in other places in Sweden, including central Sweden, Grängesberg, Blötberget to name a couple, and in the world. They are rich in, well, iron, as well as the mineral apatite, which containes abundant phosphorus. Phosphate minerals like apatite have a habit of acting as sort of a vacuum for REEs, enriching them in thes iron ores. These deposits also contain other REE minerals, xenotime, monazite, allanite.\nNow why do I suggest that this is greenwashing? Well REEs are a hot topic right now due to being metals that are critical in transitioning to green technology, as well as other high tech uses. \nThe currently mined iron oxide apatite mines up right next door to this new ore body also are rich in REE. Not as rich, but they come out to be about 0.07 percent on average in these ores, but the sheer volume of ore means that the potential tonnage is high. But they aren't hailed in the media as a harbinger of European REE independance. \nNow, apatite and its phosphorus is not wanted in iron, so when the iron ore is crushed and enriched on site, it produces a waste sand known as tailings, which are then dumped in ponds near to the mine. The tailings are enriched in the apatite and other REE rich minerals, as the iron has been taken out. \nJust the tailings pond in Kiruna, which amount to 76 million tonnes of tailings (as of 2019) have been measured to contain 0.12% REE. Pretty close to what is reported from this new deposit. Combined with other tailings repositories in the area, it is potentially hundreds of thousands of tonnes of REE just sitting there, ready to go more or less, already mined and crushed. They could easily be exploiting that resource if they were serious about REE production. To be fair, there are projects working on it, but it is still small scale pilot projects.\nBut they don't get splashy international headlines because like I said, I doubt this is really about them hot to mine REE. It is because they want to get at the easy to extract, easy to process iron fast, so the Swedish government makes a big announcement, to sell this as an REE deposit and try and get mining it faster, and wrapping it up in a big green bow to try and make the environmentalists and the Sami keep quiet.", ">\n\n\ntry and make the Sami keep quiet. \n\nA time honoured Swedish tradition.", ">\n\nWhat is the Sami?", ">\n\nThey are the original indigenous people of the far north of Fennoscandia, inhabiting the northern parts of Norway, Sweden and Finland. Culturally and linguistically they are somewhat related to the Finns, but were traditionally nomadic. They were displaced north progressively by the Germanic Scandinavians and Christian Finns from the south, and then starting in the 1800s they suffered a similar kind of treatment as indigenous people in other parts of the world, including discrimination, forced assimilation practices and attempts to erase their cultures and languages.\nToday they are recognised as the indigenous people of the north and have some autonomy and protection, but there is a long history in Sweden and the other Nordic countries of ignoring and mistreating them. That is what OP was referring to. The Sami lands are rich in many minerals, and also are home to a lot of hydroelectric capacity, and that means that their lands have suffered negatively from an environmental perspective despite their opposition.", ">\n\n\noriginal indigenous people \n\nvery far from, komsa culture is more than 8000 years before, they are indigenous because they were inhabitants before the countries were officially countries", ">\n\nThe Sami settled from the East, Bronze Age swedes from the South. They were mixed for many centuries, with the \"forest Sami\" living as far South as Dalarna. The Sami would have a nomadic or semi-nomadic culture not far from settled farmers. Meanwhile, the southern Swedes settled the Baltic Sea coast quite early on, even pretty far up north. The area around e.g. Kiruna was colonized later in a more intentional way." ]
> Archaeological evidence indicates that the Komsa culture was almost exclusively sea-oriented, living mainly off seal hunting and being able boat-builders and fishermen. Also, they lived along the Norwegian coast, so they didn't really have contact with the farmers who came later.
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip", ">\n\nOk, Denmark.", ">\n\nThey call it that in the UK too apparently.", ">\n\nSwedish geologist here who can provide a bit of context to this. As it happens my main field is rare earth elements (REE), and their formation within these types of ores that they are talking about. I have no connection to LKAB, the state owned mining firm that announced the discovery. \nWhile they are hailing this as a deposit of REEs what it most likely is is a greenwashing by the Swedish state, and LKAB to more easily sell the public on more iron mining, as this is really just yet another iron ore that happens to have a high content of REE. Shockingly high to be honest, almost enough to make me a bit skeptical that they hadn’t misplaced a decimal in the press release. \nThe major iron ore deposits that are mined in the Kiruna area, Kirunavaara, Malmberget and so on are what are known as iron-oxide apatite deposits. These occur in other places in Sweden, including central Sweden, Grängesberg, Blötberget to name a couple, and in the world. They are rich in, well, iron, as well as the mineral apatite, which containes abundant phosphorus. Phosphate minerals like apatite have a habit of acting as sort of a vacuum for REEs, enriching them in thes iron ores. These deposits also contain other REE minerals, xenotime, monazite, allanite.\nNow why do I suggest that this is greenwashing? Well REEs are a hot topic right now due to being metals that are critical in transitioning to green technology, as well as other high tech uses. \nThe currently mined iron oxide apatite mines up right next door to this new ore body also are rich in REE. Not as rich, but they come out to be about 0.07 percent on average in these ores, but the sheer volume of ore means that the potential tonnage is high. But they aren't hailed in the media as a harbinger of European REE independance. \nNow, apatite and its phosphorus is not wanted in iron, so when the iron ore is crushed and enriched on site, it produces a waste sand known as tailings, which are then dumped in ponds near to the mine. The tailings are enriched in the apatite and other REE rich minerals, as the iron has been taken out. \nJust the tailings pond in Kiruna, which amount to 76 million tonnes of tailings (as of 2019) have been measured to contain 0.12% REE. Pretty close to what is reported from this new deposit. Combined with other tailings repositories in the area, it is potentially hundreds of thousands of tonnes of REE just sitting there, ready to go more or less, already mined and crushed. They could easily be exploiting that resource if they were serious about REE production. To be fair, there are projects working on it, but it is still small scale pilot projects.\nBut they don't get splashy international headlines because like I said, I doubt this is really about them hot to mine REE. It is because they want to get at the easy to extract, easy to process iron fast, so the Swedish government makes a big announcement, to sell this as an REE deposit and try and get mining it faster, and wrapping it up in a big green bow to try and make the environmentalists and the Sami keep quiet.", ">\n\n\ntry and make the Sami keep quiet. \n\nA time honoured Swedish tradition.", ">\n\nWhat is the Sami?", ">\n\nThey are the original indigenous people of the far north of Fennoscandia, inhabiting the northern parts of Norway, Sweden and Finland. Culturally and linguistically they are somewhat related to the Finns, but were traditionally nomadic. They were displaced north progressively by the Germanic Scandinavians and Christian Finns from the south, and then starting in the 1800s they suffered a similar kind of treatment as indigenous people in other parts of the world, including discrimination, forced assimilation practices and attempts to erase their cultures and languages.\nToday they are recognised as the indigenous people of the north and have some autonomy and protection, but there is a long history in Sweden and the other Nordic countries of ignoring and mistreating them. That is what OP was referring to. The Sami lands are rich in many minerals, and also are home to a lot of hydroelectric capacity, and that means that their lands have suffered negatively from an environmental perspective despite their opposition.", ">\n\n\noriginal indigenous people \n\nvery far from, komsa culture is more than 8000 years before, they are indigenous because they were inhabitants before the countries were officially countries", ">\n\nThe Sami settled from the East, Bronze Age swedes from the South. They were mixed for many centuries, with the \"forest Sami\" living as far South as Dalarna. The Sami would have a nomadic or semi-nomadic culture not far from settled farmers. Meanwhile, the southern Swedes settled the Baltic Sea coast quite early on, even pretty far up north. The area around e.g. Kiruna was colonized later in a more intentional way.", ">\n\nyes, but komsa people settled north of samis/kvens before that" ]
> Bad news for China, good news for world balance.
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip", ">\n\nOk, Denmark.", ">\n\nThey call it that in the UK too apparently.", ">\n\nSwedish geologist here who can provide a bit of context to this. As it happens my main field is rare earth elements (REE), and their formation within these types of ores that they are talking about. I have no connection to LKAB, the state owned mining firm that announced the discovery. \nWhile they are hailing this as a deposit of REEs what it most likely is is a greenwashing by the Swedish state, and LKAB to more easily sell the public on more iron mining, as this is really just yet another iron ore that happens to have a high content of REE. Shockingly high to be honest, almost enough to make me a bit skeptical that they hadn’t misplaced a decimal in the press release. \nThe major iron ore deposits that are mined in the Kiruna area, Kirunavaara, Malmberget and so on are what are known as iron-oxide apatite deposits. These occur in other places in Sweden, including central Sweden, Grängesberg, Blötberget to name a couple, and in the world. They are rich in, well, iron, as well as the mineral apatite, which containes abundant phosphorus. Phosphate minerals like apatite have a habit of acting as sort of a vacuum for REEs, enriching them in thes iron ores. These deposits also contain other REE minerals, xenotime, monazite, allanite.\nNow why do I suggest that this is greenwashing? Well REEs are a hot topic right now due to being metals that are critical in transitioning to green technology, as well as other high tech uses. \nThe currently mined iron oxide apatite mines up right next door to this new ore body also are rich in REE. Not as rich, but they come out to be about 0.07 percent on average in these ores, but the sheer volume of ore means that the potential tonnage is high. But they aren't hailed in the media as a harbinger of European REE independance. \nNow, apatite and its phosphorus is not wanted in iron, so when the iron ore is crushed and enriched on site, it produces a waste sand known as tailings, which are then dumped in ponds near to the mine. The tailings are enriched in the apatite and other REE rich minerals, as the iron has been taken out. \nJust the tailings pond in Kiruna, which amount to 76 million tonnes of tailings (as of 2019) have been measured to contain 0.12% REE. Pretty close to what is reported from this new deposit. Combined with other tailings repositories in the area, it is potentially hundreds of thousands of tonnes of REE just sitting there, ready to go more or less, already mined and crushed. They could easily be exploiting that resource if they were serious about REE production. To be fair, there are projects working on it, but it is still small scale pilot projects.\nBut they don't get splashy international headlines because like I said, I doubt this is really about them hot to mine REE. It is because they want to get at the easy to extract, easy to process iron fast, so the Swedish government makes a big announcement, to sell this as an REE deposit and try and get mining it faster, and wrapping it up in a big green bow to try and make the environmentalists and the Sami keep quiet.", ">\n\n\ntry and make the Sami keep quiet. \n\nA time honoured Swedish tradition.", ">\n\nWhat is the Sami?", ">\n\nThey are the original indigenous people of the far north of Fennoscandia, inhabiting the northern parts of Norway, Sweden and Finland. Culturally and linguistically they are somewhat related to the Finns, but were traditionally nomadic. They were displaced north progressively by the Germanic Scandinavians and Christian Finns from the south, and then starting in the 1800s they suffered a similar kind of treatment as indigenous people in other parts of the world, including discrimination, forced assimilation practices and attempts to erase their cultures and languages.\nToday they are recognised as the indigenous people of the north and have some autonomy and protection, but there is a long history in Sweden and the other Nordic countries of ignoring and mistreating them. That is what OP was referring to. The Sami lands are rich in many minerals, and also are home to a lot of hydroelectric capacity, and that means that their lands have suffered negatively from an environmental perspective despite their opposition.", ">\n\n\noriginal indigenous people \n\nvery far from, komsa culture is more than 8000 years before, they are indigenous because they were inhabitants before the countries were officially countries", ">\n\nThe Sami settled from the East, Bronze Age swedes from the South. They were mixed for many centuries, with the \"forest Sami\" living as far South as Dalarna. The Sami would have a nomadic or semi-nomadic culture not far from settled farmers. Meanwhile, the southern Swedes settled the Baltic Sea coast quite early on, even pretty far up north. The area around e.g. Kiruna was colonized later in a more intentional way.", ">\n\nyes, but komsa people settled north of samis/kvens before that", ">\n\n\nArchaeological evidence indicates that the Komsa culture was almost exclusively sea-oriented, living mainly off seal hunting and being able boat-builders and fishermen.\n\nAlso, they lived along the Norwegian coast, so they didn't really have contact with the farmers who came later." ]
> Agreed. You have to deal with the Thorium and Uranium content in many of the ores, not to mention all the other toxic waste produced separating the different rare earth oxides. The reason why China dominates the processing of the ores is because, it frankly does not care as much about toxicity/radioactivity/environment. Also the 8 or so major rare earth processing companies in China have some state ownership and are heavily subsidized (China considers rare earths to be a national security issue). As such, Chinese rare earth producers can undercut almost all others when it comes to the price of the oxides and pure metals. I doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China. Whether they can make the money from selling the ore really boils down to the type of rare earths found in the deposit. The largest rare earth miner in the US (out West) still has not turned a profit.
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip", ">\n\nOk, Denmark.", ">\n\nThey call it that in the UK too apparently.", ">\n\nSwedish geologist here who can provide a bit of context to this. As it happens my main field is rare earth elements (REE), and their formation within these types of ores that they are talking about. I have no connection to LKAB, the state owned mining firm that announced the discovery. \nWhile they are hailing this as a deposit of REEs what it most likely is is a greenwashing by the Swedish state, and LKAB to more easily sell the public on more iron mining, as this is really just yet another iron ore that happens to have a high content of REE. Shockingly high to be honest, almost enough to make me a bit skeptical that they hadn’t misplaced a decimal in the press release. \nThe major iron ore deposits that are mined in the Kiruna area, Kirunavaara, Malmberget and so on are what are known as iron-oxide apatite deposits. These occur in other places in Sweden, including central Sweden, Grängesberg, Blötberget to name a couple, and in the world. They are rich in, well, iron, as well as the mineral apatite, which containes abundant phosphorus. Phosphate minerals like apatite have a habit of acting as sort of a vacuum for REEs, enriching them in thes iron ores. These deposits also contain other REE minerals, xenotime, monazite, allanite.\nNow why do I suggest that this is greenwashing? Well REEs are a hot topic right now due to being metals that are critical in transitioning to green technology, as well as other high tech uses. \nThe currently mined iron oxide apatite mines up right next door to this new ore body also are rich in REE. Not as rich, but they come out to be about 0.07 percent on average in these ores, but the sheer volume of ore means that the potential tonnage is high. But they aren't hailed in the media as a harbinger of European REE independance. \nNow, apatite and its phosphorus is not wanted in iron, so when the iron ore is crushed and enriched on site, it produces a waste sand known as tailings, which are then dumped in ponds near to the mine. The tailings are enriched in the apatite and other REE rich minerals, as the iron has been taken out. \nJust the tailings pond in Kiruna, which amount to 76 million tonnes of tailings (as of 2019) have been measured to contain 0.12% REE. Pretty close to what is reported from this new deposit. Combined with other tailings repositories in the area, it is potentially hundreds of thousands of tonnes of REE just sitting there, ready to go more or less, already mined and crushed. They could easily be exploiting that resource if they were serious about REE production. To be fair, there are projects working on it, but it is still small scale pilot projects.\nBut they don't get splashy international headlines because like I said, I doubt this is really about them hot to mine REE. It is because they want to get at the easy to extract, easy to process iron fast, so the Swedish government makes a big announcement, to sell this as an REE deposit and try and get mining it faster, and wrapping it up in a big green bow to try and make the environmentalists and the Sami keep quiet.", ">\n\n\ntry and make the Sami keep quiet. \n\nA time honoured Swedish tradition.", ">\n\nWhat is the Sami?", ">\n\nThey are the original indigenous people of the far north of Fennoscandia, inhabiting the northern parts of Norway, Sweden and Finland. Culturally and linguistically they are somewhat related to the Finns, but were traditionally nomadic. They were displaced north progressively by the Germanic Scandinavians and Christian Finns from the south, and then starting in the 1800s they suffered a similar kind of treatment as indigenous people in other parts of the world, including discrimination, forced assimilation practices and attempts to erase their cultures and languages.\nToday they are recognised as the indigenous people of the north and have some autonomy and protection, but there is a long history in Sweden and the other Nordic countries of ignoring and mistreating them. That is what OP was referring to. The Sami lands are rich in many minerals, and also are home to a lot of hydroelectric capacity, and that means that their lands have suffered negatively from an environmental perspective despite their opposition.", ">\n\n\noriginal indigenous people \n\nvery far from, komsa culture is more than 8000 years before, they are indigenous because they were inhabitants before the countries were officially countries", ">\n\nThe Sami settled from the East, Bronze Age swedes from the South. They were mixed for many centuries, with the \"forest Sami\" living as far South as Dalarna. The Sami would have a nomadic or semi-nomadic culture not far from settled farmers. Meanwhile, the southern Swedes settled the Baltic Sea coast quite early on, even pretty far up north. The area around e.g. Kiruna was colonized later in a more intentional way.", ">\n\nyes, but komsa people settled north of samis/kvens before that", ">\n\n\nArchaeological evidence indicates that the Komsa culture was almost exclusively sea-oriented, living mainly off seal hunting and being able boat-builders and fishermen.\n\nAlso, they lived along the Norwegian coast, so they didn't really have contact with the farmers who came later.", ">\n\nBad news for China, good news for world balance." ]
> I doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China. We are actually. More specifically, LKAB is planning to do so in Norway, in partnership with Norwegian company Reetec. There's also plans to do some processing in a new industrial park in north Sweden near this mine. Here's an article in Swedish about it.
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip", ">\n\nOk, Denmark.", ">\n\nThey call it that in the UK too apparently.", ">\n\nSwedish geologist here who can provide a bit of context to this. As it happens my main field is rare earth elements (REE), and their formation within these types of ores that they are talking about. I have no connection to LKAB, the state owned mining firm that announced the discovery. \nWhile they are hailing this as a deposit of REEs what it most likely is is a greenwashing by the Swedish state, and LKAB to more easily sell the public on more iron mining, as this is really just yet another iron ore that happens to have a high content of REE. Shockingly high to be honest, almost enough to make me a bit skeptical that they hadn’t misplaced a decimal in the press release. \nThe major iron ore deposits that are mined in the Kiruna area, Kirunavaara, Malmberget and so on are what are known as iron-oxide apatite deposits. These occur in other places in Sweden, including central Sweden, Grängesberg, Blötberget to name a couple, and in the world. They are rich in, well, iron, as well as the mineral apatite, which containes abundant phosphorus. Phosphate minerals like apatite have a habit of acting as sort of a vacuum for REEs, enriching them in thes iron ores. These deposits also contain other REE minerals, xenotime, monazite, allanite.\nNow why do I suggest that this is greenwashing? Well REEs are a hot topic right now due to being metals that are critical in transitioning to green technology, as well as other high tech uses. \nThe currently mined iron oxide apatite mines up right next door to this new ore body also are rich in REE. Not as rich, but they come out to be about 0.07 percent on average in these ores, but the sheer volume of ore means that the potential tonnage is high. But they aren't hailed in the media as a harbinger of European REE independance. \nNow, apatite and its phosphorus is not wanted in iron, so when the iron ore is crushed and enriched on site, it produces a waste sand known as tailings, which are then dumped in ponds near to the mine. The tailings are enriched in the apatite and other REE rich minerals, as the iron has been taken out. \nJust the tailings pond in Kiruna, which amount to 76 million tonnes of tailings (as of 2019) have been measured to contain 0.12% REE. Pretty close to what is reported from this new deposit. Combined with other tailings repositories in the area, it is potentially hundreds of thousands of tonnes of REE just sitting there, ready to go more or less, already mined and crushed. They could easily be exploiting that resource if they were serious about REE production. To be fair, there are projects working on it, but it is still small scale pilot projects.\nBut they don't get splashy international headlines because like I said, I doubt this is really about them hot to mine REE. It is because they want to get at the easy to extract, easy to process iron fast, so the Swedish government makes a big announcement, to sell this as an REE deposit and try and get mining it faster, and wrapping it up in a big green bow to try and make the environmentalists and the Sami keep quiet.", ">\n\n\ntry and make the Sami keep quiet. \n\nA time honoured Swedish tradition.", ">\n\nWhat is the Sami?", ">\n\nThey are the original indigenous people of the far north of Fennoscandia, inhabiting the northern parts of Norway, Sweden and Finland. Culturally and linguistically they are somewhat related to the Finns, but were traditionally nomadic. They were displaced north progressively by the Germanic Scandinavians and Christian Finns from the south, and then starting in the 1800s they suffered a similar kind of treatment as indigenous people in other parts of the world, including discrimination, forced assimilation practices and attempts to erase their cultures and languages.\nToday they are recognised as the indigenous people of the north and have some autonomy and protection, but there is a long history in Sweden and the other Nordic countries of ignoring and mistreating them. That is what OP was referring to. The Sami lands are rich in many minerals, and also are home to a lot of hydroelectric capacity, and that means that their lands have suffered negatively from an environmental perspective despite their opposition.", ">\n\n\noriginal indigenous people \n\nvery far from, komsa culture is more than 8000 years before, they are indigenous because they were inhabitants before the countries were officially countries", ">\n\nThe Sami settled from the East, Bronze Age swedes from the South. They were mixed for many centuries, with the \"forest Sami\" living as far South as Dalarna. The Sami would have a nomadic or semi-nomadic culture not far from settled farmers. Meanwhile, the southern Swedes settled the Baltic Sea coast quite early on, even pretty far up north. The area around e.g. Kiruna was colonized later in a more intentional way.", ">\n\nyes, but komsa people settled north of samis/kvens before that", ">\n\n\nArchaeological evidence indicates that the Komsa culture was almost exclusively sea-oriented, living mainly off seal hunting and being able boat-builders and fishermen.\n\nAlso, they lived along the Norwegian coast, so they didn't really have contact with the farmers who came later.", ">\n\nBad news for China, good news for world balance.", ">\n\nAgreed. You have to deal with the Thorium and Uranium content in many of the ores, not to mention all the other toxic waste produced separating the different rare earth oxides. The reason why China dominates the processing of the ores is because, it frankly does not care as much about toxicity/radioactivity/environment. Also the 8 or so major rare earth processing companies in China have some state ownership and are heavily subsidized (China considers rare earths to be a national security issue). As such, Chinese rare earth producers can undercut almost all others when it comes to the price of the oxides and pure metals. I doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China. Whether they can make the money from selling the ore really boils down to the type of rare earths found in the deposit. The largest rare earth miner in the US (out West) still has not turned a profit." ]
> Well then Kudos to Sweden and Norway! Well done! I wish the US government had the courage to do what is necessary for US miners.
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip", ">\n\nOk, Denmark.", ">\n\nThey call it that in the UK too apparently.", ">\n\nSwedish geologist here who can provide a bit of context to this. As it happens my main field is rare earth elements (REE), and their formation within these types of ores that they are talking about. I have no connection to LKAB, the state owned mining firm that announced the discovery. \nWhile they are hailing this as a deposit of REEs what it most likely is is a greenwashing by the Swedish state, and LKAB to more easily sell the public on more iron mining, as this is really just yet another iron ore that happens to have a high content of REE. Shockingly high to be honest, almost enough to make me a bit skeptical that they hadn’t misplaced a decimal in the press release. \nThe major iron ore deposits that are mined in the Kiruna area, Kirunavaara, Malmberget and so on are what are known as iron-oxide apatite deposits. These occur in other places in Sweden, including central Sweden, Grängesberg, Blötberget to name a couple, and in the world. They are rich in, well, iron, as well as the mineral apatite, which containes abundant phosphorus. Phosphate minerals like apatite have a habit of acting as sort of a vacuum for REEs, enriching them in thes iron ores. These deposits also contain other REE minerals, xenotime, monazite, allanite.\nNow why do I suggest that this is greenwashing? Well REEs are a hot topic right now due to being metals that are critical in transitioning to green technology, as well as other high tech uses. \nThe currently mined iron oxide apatite mines up right next door to this new ore body also are rich in REE. Not as rich, but they come out to be about 0.07 percent on average in these ores, but the sheer volume of ore means that the potential tonnage is high. But they aren't hailed in the media as a harbinger of European REE independance. \nNow, apatite and its phosphorus is not wanted in iron, so when the iron ore is crushed and enriched on site, it produces a waste sand known as tailings, which are then dumped in ponds near to the mine. The tailings are enriched in the apatite and other REE rich minerals, as the iron has been taken out. \nJust the tailings pond in Kiruna, which amount to 76 million tonnes of tailings (as of 2019) have been measured to contain 0.12% REE. Pretty close to what is reported from this new deposit. Combined with other tailings repositories in the area, it is potentially hundreds of thousands of tonnes of REE just sitting there, ready to go more or less, already mined and crushed. They could easily be exploiting that resource if they were serious about REE production. To be fair, there are projects working on it, but it is still small scale pilot projects.\nBut they don't get splashy international headlines because like I said, I doubt this is really about them hot to mine REE. It is because they want to get at the easy to extract, easy to process iron fast, so the Swedish government makes a big announcement, to sell this as an REE deposit and try and get mining it faster, and wrapping it up in a big green bow to try and make the environmentalists and the Sami keep quiet.", ">\n\n\ntry and make the Sami keep quiet. \n\nA time honoured Swedish tradition.", ">\n\nWhat is the Sami?", ">\n\nThey are the original indigenous people of the far north of Fennoscandia, inhabiting the northern parts of Norway, Sweden and Finland. Culturally and linguistically they are somewhat related to the Finns, but were traditionally nomadic. They were displaced north progressively by the Germanic Scandinavians and Christian Finns from the south, and then starting in the 1800s they suffered a similar kind of treatment as indigenous people in other parts of the world, including discrimination, forced assimilation practices and attempts to erase their cultures and languages.\nToday they are recognised as the indigenous people of the north and have some autonomy and protection, but there is a long history in Sweden and the other Nordic countries of ignoring and mistreating them. That is what OP was referring to. The Sami lands are rich in many minerals, and also are home to a lot of hydroelectric capacity, and that means that their lands have suffered negatively from an environmental perspective despite their opposition.", ">\n\n\noriginal indigenous people \n\nvery far from, komsa culture is more than 8000 years before, they are indigenous because they were inhabitants before the countries were officially countries", ">\n\nThe Sami settled from the East, Bronze Age swedes from the South. They were mixed for many centuries, with the \"forest Sami\" living as far South as Dalarna. The Sami would have a nomadic or semi-nomadic culture not far from settled farmers. Meanwhile, the southern Swedes settled the Baltic Sea coast quite early on, even pretty far up north. The area around e.g. Kiruna was colonized later in a more intentional way.", ">\n\nyes, but komsa people settled north of samis/kvens before that", ">\n\n\nArchaeological evidence indicates that the Komsa culture was almost exclusively sea-oriented, living mainly off seal hunting and being able boat-builders and fishermen.\n\nAlso, they lived along the Norwegian coast, so they didn't really have contact with the farmers who came later.", ">\n\nBad news for China, good news for world balance.", ">\n\nAgreed. You have to deal with the Thorium and Uranium content in many of the ores, not to mention all the other toxic waste produced separating the different rare earth oxides. The reason why China dominates the processing of the ores is because, it frankly does not care as much about toxicity/radioactivity/environment. Also the 8 or so major rare earth processing companies in China have some state ownership and are heavily subsidized (China considers rare earths to be a national security issue). As such, Chinese rare earth producers can undercut almost all others when it comes to the price of the oxides and pure metals. I doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China. Whether they can make the money from selling the ore really boils down to the type of rare earths found in the deposit. The largest rare earth miner in the US (out West) still has not turned a profit.", ">\n\n\nI doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China.\n\nWe are actually. More specifically, LKAB is planning to do so in Norway, in partnership with Norwegian company Reetec. There's also plans to do some processing in a new industrial park in north Sweden near this mine. Here's an article in Swedish about it." ]
> They already did. They are restoring Mountain Pass Mine (an huge deposit) on government dime/US environment. It is likely only to be used for military use however, ensuring we got proper amount of RE for bombs if we go to war with China. It isn't gonna make your Iphone cheaper :)
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip", ">\n\nOk, Denmark.", ">\n\nThey call it that in the UK too apparently.", ">\n\nSwedish geologist here who can provide a bit of context to this. As it happens my main field is rare earth elements (REE), and their formation within these types of ores that they are talking about. I have no connection to LKAB, the state owned mining firm that announced the discovery. \nWhile they are hailing this as a deposit of REEs what it most likely is is a greenwashing by the Swedish state, and LKAB to more easily sell the public on more iron mining, as this is really just yet another iron ore that happens to have a high content of REE. Shockingly high to be honest, almost enough to make me a bit skeptical that they hadn’t misplaced a decimal in the press release. \nThe major iron ore deposits that are mined in the Kiruna area, Kirunavaara, Malmberget and so on are what are known as iron-oxide apatite deposits. These occur in other places in Sweden, including central Sweden, Grängesberg, Blötberget to name a couple, and in the world. They are rich in, well, iron, as well as the mineral apatite, which containes abundant phosphorus. Phosphate minerals like apatite have a habit of acting as sort of a vacuum for REEs, enriching them in thes iron ores. These deposits also contain other REE minerals, xenotime, monazite, allanite.\nNow why do I suggest that this is greenwashing? Well REEs are a hot topic right now due to being metals that are critical in transitioning to green technology, as well as other high tech uses. \nThe currently mined iron oxide apatite mines up right next door to this new ore body also are rich in REE. Not as rich, but they come out to be about 0.07 percent on average in these ores, but the sheer volume of ore means that the potential tonnage is high. But they aren't hailed in the media as a harbinger of European REE independance. \nNow, apatite and its phosphorus is not wanted in iron, so when the iron ore is crushed and enriched on site, it produces a waste sand known as tailings, which are then dumped in ponds near to the mine. The tailings are enriched in the apatite and other REE rich minerals, as the iron has been taken out. \nJust the tailings pond in Kiruna, which amount to 76 million tonnes of tailings (as of 2019) have been measured to contain 0.12% REE. Pretty close to what is reported from this new deposit. Combined with other tailings repositories in the area, it is potentially hundreds of thousands of tonnes of REE just sitting there, ready to go more or less, already mined and crushed. They could easily be exploiting that resource if they were serious about REE production. To be fair, there are projects working on it, but it is still small scale pilot projects.\nBut they don't get splashy international headlines because like I said, I doubt this is really about them hot to mine REE. It is because they want to get at the easy to extract, easy to process iron fast, so the Swedish government makes a big announcement, to sell this as an REE deposit and try and get mining it faster, and wrapping it up in a big green bow to try and make the environmentalists and the Sami keep quiet.", ">\n\n\ntry and make the Sami keep quiet. \n\nA time honoured Swedish tradition.", ">\n\nWhat is the Sami?", ">\n\nThey are the original indigenous people of the far north of Fennoscandia, inhabiting the northern parts of Norway, Sweden and Finland. Culturally and linguistically they are somewhat related to the Finns, but were traditionally nomadic. They were displaced north progressively by the Germanic Scandinavians and Christian Finns from the south, and then starting in the 1800s they suffered a similar kind of treatment as indigenous people in other parts of the world, including discrimination, forced assimilation practices and attempts to erase their cultures and languages.\nToday they are recognised as the indigenous people of the north and have some autonomy and protection, but there is a long history in Sweden and the other Nordic countries of ignoring and mistreating them. That is what OP was referring to. The Sami lands are rich in many minerals, and also are home to a lot of hydroelectric capacity, and that means that their lands have suffered negatively from an environmental perspective despite their opposition.", ">\n\n\noriginal indigenous people \n\nvery far from, komsa culture is more than 8000 years before, they are indigenous because they were inhabitants before the countries were officially countries", ">\n\nThe Sami settled from the East, Bronze Age swedes from the South. They were mixed for many centuries, with the \"forest Sami\" living as far South as Dalarna. The Sami would have a nomadic or semi-nomadic culture not far from settled farmers. Meanwhile, the southern Swedes settled the Baltic Sea coast quite early on, even pretty far up north. The area around e.g. Kiruna was colonized later in a more intentional way.", ">\n\nyes, but komsa people settled north of samis/kvens before that", ">\n\n\nArchaeological evidence indicates that the Komsa culture was almost exclusively sea-oriented, living mainly off seal hunting and being able boat-builders and fishermen.\n\nAlso, they lived along the Norwegian coast, so they didn't really have contact with the farmers who came later.", ">\n\nBad news for China, good news for world balance.", ">\n\nAgreed. You have to deal with the Thorium and Uranium content in many of the ores, not to mention all the other toxic waste produced separating the different rare earth oxides. The reason why China dominates the processing of the ores is because, it frankly does not care as much about toxicity/radioactivity/environment. Also the 8 or so major rare earth processing companies in China have some state ownership and are heavily subsidized (China considers rare earths to be a national security issue). As such, Chinese rare earth producers can undercut almost all others when it comes to the price of the oxides and pure metals. I doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China. Whether they can make the money from selling the ore really boils down to the type of rare earths found in the deposit. The largest rare earth miner in the US (out West) still has not turned a profit.", ">\n\n\nI doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China.\n\nWe are actually. More specifically, LKAB is planning to do so in Norway, in partnership with Norwegian company Reetec. There's also plans to do some processing in a new industrial park in north Sweden near this mine. Here's an article in Swedish about it.", ">\n\nWell then Kudos to Sweden and Norway! Well done! I wish the US government had the courage to do what is necessary for US miners." ]
> > It isn't gonna make your Iphone cheaper :) It might. If the US military is buying less rare earths on the international market then that reduces the demand on that source.
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip", ">\n\nOk, Denmark.", ">\n\nThey call it that in the UK too apparently.", ">\n\nSwedish geologist here who can provide a bit of context to this. As it happens my main field is rare earth elements (REE), and their formation within these types of ores that they are talking about. I have no connection to LKAB, the state owned mining firm that announced the discovery. \nWhile they are hailing this as a deposit of REEs what it most likely is is a greenwashing by the Swedish state, and LKAB to more easily sell the public on more iron mining, as this is really just yet another iron ore that happens to have a high content of REE. Shockingly high to be honest, almost enough to make me a bit skeptical that they hadn’t misplaced a decimal in the press release. \nThe major iron ore deposits that are mined in the Kiruna area, Kirunavaara, Malmberget and so on are what are known as iron-oxide apatite deposits. These occur in other places in Sweden, including central Sweden, Grängesberg, Blötberget to name a couple, and in the world. They are rich in, well, iron, as well as the mineral apatite, which containes abundant phosphorus. Phosphate minerals like apatite have a habit of acting as sort of a vacuum for REEs, enriching them in thes iron ores. These deposits also contain other REE minerals, xenotime, monazite, allanite.\nNow why do I suggest that this is greenwashing? Well REEs are a hot topic right now due to being metals that are critical in transitioning to green technology, as well as other high tech uses. \nThe currently mined iron oxide apatite mines up right next door to this new ore body also are rich in REE. Not as rich, but they come out to be about 0.07 percent on average in these ores, but the sheer volume of ore means that the potential tonnage is high. But they aren't hailed in the media as a harbinger of European REE independance. \nNow, apatite and its phosphorus is not wanted in iron, so when the iron ore is crushed and enriched on site, it produces a waste sand known as tailings, which are then dumped in ponds near to the mine. The tailings are enriched in the apatite and other REE rich minerals, as the iron has been taken out. \nJust the tailings pond in Kiruna, which amount to 76 million tonnes of tailings (as of 2019) have been measured to contain 0.12% REE. Pretty close to what is reported from this new deposit. Combined with other tailings repositories in the area, it is potentially hundreds of thousands of tonnes of REE just sitting there, ready to go more or less, already mined and crushed. They could easily be exploiting that resource if they were serious about REE production. To be fair, there are projects working on it, but it is still small scale pilot projects.\nBut they don't get splashy international headlines because like I said, I doubt this is really about them hot to mine REE. It is because they want to get at the easy to extract, easy to process iron fast, so the Swedish government makes a big announcement, to sell this as an REE deposit and try and get mining it faster, and wrapping it up in a big green bow to try and make the environmentalists and the Sami keep quiet.", ">\n\n\ntry and make the Sami keep quiet. \n\nA time honoured Swedish tradition.", ">\n\nWhat is the Sami?", ">\n\nThey are the original indigenous people of the far north of Fennoscandia, inhabiting the northern parts of Norway, Sweden and Finland. Culturally and linguistically they are somewhat related to the Finns, but were traditionally nomadic. They were displaced north progressively by the Germanic Scandinavians and Christian Finns from the south, and then starting in the 1800s they suffered a similar kind of treatment as indigenous people in other parts of the world, including discrimination, forced assimilation practices and attempts to erase their cultures and languages.\nToday they are recognised as the indigenous people of the north and have some autonomy and protection, but there is a long history in Sweden and the other Nordic countries of ignoring and mistreating them. That is what OP was referring to. The Sami lands are rich in many minerals, and also are home to a lot of hydroelectric capacity, and that means that their lands have suffered negatively from an environmental perspective despite their opposition.", ">\n\n\noriginal indigenous people \n\nvery far from, komsa culture is more than 8000 years before, they are indigenous because they were inhabitants before the countries were officially countries", ">\n\nThe Sami settled from the East, Bronze Age swedes from the South. They were mixed for many centuries, with the \"forest Sami\" living as far South as Dalarna. The Sami would have a nomadic or semi-nomadic culture not far from settled farmers. Meanwhile, the southern Swedes settled the Baltic Sea coast quite early on, even pretty far up north. The area around e.g. Kiruna was colonized later in a more intentional way.", ">\n\nyes, but komsa people settled north of samis/kvens before that", ">\n\n\nArchaeological evidence indicates that the Komsa culture was almost exclusively sea-oriented, living mainly off seal hunting and being able boat-builders and fishermen.\n\nAlso, they lived along the Norwegian coast, so they didn't really have contact with the farmers who came later.", ">\n\nBad news for China, good news for world balance.", ">\n\nAgreed. You have to deal with the Thorium and Uranium content in many of the ores, not to mention all the other toxic waste produced separating the different rare earth oxides. The reason why China dominates the processing of the ores is because, it frankly does not care as much about toxicity/radioactivity/environment. Also the 8 or so major rare earth processing companies in China have some state ownership and are heavily subsidized (China considers rare earths to be a national security issue). As such, Chinese rare earth producers can undercut almost all others when it comes to the price of the oxides and pure metals. I doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China. Whether they can make the money from selling the ore really boils down to the type of rare earths found in the deposit. The largest rare earth miner in the US (out West) still has not turned a profit.", ">\n\n\nI doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China.\n\nWe are actually. More specifically, LKAB is planning to do so in Norway, in partnership with Norwegian company Reetec. There's also plans to do some processing in a new industrial park in north Sweden near this mine. Here's an article in Swedish about it.", ">\n\nWell then Kudos to Sweden and Norway! Well done! I wish the US government had the courage to do what is necessary for US miners.", ">\n\nThey already did. They are restoring Mountain Pass Mine (an huge deposit) on government dime/US environment. \nIt is likely only to be used for military use however, ensuring we got proper amount of RE for bombs if we go to war with China. \nIt isn't gonna make your Iphone cheaper :)" ]
> that indirect reduction in materials cost will not translate into savings for you
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip", ">\n\nOk, Denmark.", ">\n\nThey call it that in the UK too apparently.", ">\n\nSwedish geologist here who can provide a bit of context to this. As it happens my main field is rare earth elements (REE), and their formation within these types of ores that they are talking about. I have no connection to LKAB, the state owned mining firm that announced the discovery. \nWhile they are hailing this as a deposit of REEs what it most likely is is a greenwashing by the Swedish state, and LKAB to more easily sell the public on more iron mining, as this is really just yet another iron ore that happens to have a high content of REE. Shockingly high to be honest, almost enough to make me a bit skeptical that they hadn’t misplaced a decimal in the press release. \nThe major iron ore deposits that are mined in the Kiruna area, Kirunavaara, Malmberget and so on are what are known as iron-oxide apatite deposits. These occur in other places in Sweden, including central Sweden, Grängesberg, Blötberget to name a couple, and in the world. They are rich in, well, iron, as well as the mineral apatite, which containes abundant phosphorus. Phosphate minerals like apatite have a habit of acting as sort of a vacuum for REEs, enriching them in thes iron ores. These deposits also contain other REE minerals, xenotime, monazite, allanite.\nNow why do I suggest that this is greenwashing? Well REEs are a hot topic right now due to being metals that are critical in transitioning to green technology, as well as other high tech uses. \nThe currently mined iron oxide apatite mines up right next door to this new ore body also are rich in REE. Not as rich, but they come out to be about 0.07 percent on average in these ores, but the sheer volume of ore means that the potential tonnage is high. But they aren't hailed in the media as a harbinger of European REE independance. \nNow, apatite and its phosphorus is not wanted in iron, so when the iron ore is crushed and enriched on site, it produces a waste sand known as tailings, which are then dumped in ponds near to the mine. The tailings are enriched in the apatite and other REE rich minerals, as the iron has been taken out. \nJust the tailings pond in Kiruna, which amount to 76 million tonnes of tailings (as of 2019) have been measured to contain 0.12% REE. Pretty close to what is reported from this new deposit. Combined with other tailings repositories in the area, it is potentially hundreds of thousands of tonnes of REE just sitting there, ready to go more or less, already mined and crushed. They could easily be exploiting that resource if they were serious about REE production. To be fair, there are projects working on it, but it is still small scale pilot projects.\nBut they don't get splashy international headlines because like I said, I doubt this is really about them hot to mine REE. It is because they want to get at the easy to extract, easy to process iron fast, so the Swedish government makes a big announcement, to sell this as an REE deposit and try and get mining it faster, and wrapping it up in a big green bow to try and make the environmentalists and the Sami keep quiet.", ">\n\n\ntry and make the Sami keep quiet. \n\nA time honoured Swedish tradition.", ">\n\nWhat is the Sami?", ">\n\nThey are the original indigenous people of the far north of Fennoscandia, inhabiting the northern parts of Norway, Sweden and Finland. Culturally and linguistically they are somewhat related to the Finns, but were traditionally nomadic. They were displaced north progressively by the Germanic Scandinavians and Christian Finns from the south, and then starting in the 1800s they suffered a similar kind of treatment as indigenous people in other parts of the world, including discrimination, forced assimilation practices and attempts to erase their cultures and languages.\nToday they are recognised as the indigenous people of the north and have some autonomy and protection, but there is a long history in Sweden and the other Nordic countries of ignoring and mistreating them. That is what OP was referring to. The Sami lands are rich in many minerals, and also are home to a lot of hydroelectric capacity, and that means that their lands have suffered negatively from an environmental perspective despite their opposition.", ">\n\n\noriginal indigenous people \n\nvery far from, komsa culture is more than 8000 years before, they are indigenous because they were inhabitants before the countries were officially countries", ">\n\nThe Sami settled from the East, Bronze Age swedes from the South. They were mixed for many centuries, with the \"forest Sami\" living as far South as Dalarna. The Sami would have a nomadic or semi-nomadic culture not far from settled farmers. Meanwhile, the southern Swedes settled the Baltic Sea coast quite early on, even pretty far up north. The area around e.g. Kiruna was colonized later in a more intentional way.", ">\n\nyes, but komsa people settled north of samis/kvens before that", ">\n\n\nArchaeological evidence indicates that the Komsa culture was almost exclusively sea-oriented, living mainly off seal hunting and being able boat-builders and fishermen.\n\nAlso, they lived along the Norwegian coast, so they didn't really have contact with the farmers who came later.", ">\n\nBad news for China, good news for world balance.", ">\n\nAgreed. You have to deal with the Thorium and Uranium content in many of the ores, not to mention all the other toxic waste produced separating the different rare earth oxides. The reason why China dominates the processing of the ores is because, it frankly does not care as much about toxicity/radioactivity/environment. Also the 8 or so major rare earth processing companies in China have some state ownership and are heavily subsidized (China considers rare earths to be a national security issue). As such, Chinese rare earth producers can undercut almost all others when it comes to the price of the oxides and pure metals. I doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China. Whether they can make the money from selling the ore really boils down to the type of rare earths found in the deposit. The largest rare earth miner in the US (out West) still has not turned a profit.", ">\n\n\nI doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China.\n\nWe are actually. More specifically, LKAB is planning to do so in Norway, in partnership with Norwegian company Reetec. There's also plans to do some processing in a new industrial park in north Sweden near this mine. Here's an article in Swedish about it.", ">\n\nWell then Kudos to Sweden and Norway! Well done! I wish the US government had the courage to do what is necessary for US miners.", ">\n\nThey already did. They are restoring Mountain Pass Mine (an huge deposit) on government dime/US environment. \nIt is likely only to be used for military use however, ensuring we got proper amount of RE for bombs if we go to war with China. \nIt isn't gonna make your Iphone cheaper :)", ">\n\n> It isn't gonna make your Iphone cheaper :) \nIt might. If the US military is buying less rare earths on the international market then that reduces the demand on that source." ]
> Yeah. Bidens release of strategic petroleum didn't lessen the prices OR make a profit. Nothing matters, give your money to Lrrr. Edit: god fukin dammit here ya go: /s. Can you not find an obscure Futurama reference as enough of a "/s"?
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip", ">\n\nOk, Denmark.", ">\n\nThey call it that in the UK too apparently.", ">\n\nSwedish geologist here who can provide a bit of context to this. As it happens my main field is rare earth elements (REE), and their formation within these types of ores that they are talking about. I have no connection to LKAB, the state owned mining firm that announced the discovery. \nWhile they are hailing this as a deposit of REEs what it most likely is is a greenwashing by the Swedish state, and LKAB to more easily sell the public on more iron mining, as this is really just yet another iron ore that happens to have a high content of REE. Shockingly high to be honest, almost enough to make me a bit skeptical that they hadn’t misplaced a decimal in the press release. \nThe major iron ore deposits that are mined in the Kiruna area, Kirunavaara, Malmberget and so on are what are known as iron-oxide apatite deposits. These occur in other places in Sweden, including central Sweden, Grängesberg, Blötberget to name a couple, and in the world. They are rich in, well, iron, as well as the mineral apatite, which containes abundant phosphorus. Phosphate minerals like apatite have a habit of acting as sort of a vacuum for REEs, enriching them in thes iron ores. These deposits also contain other REE minerals, xenotime, monazite, allanite.\nNow why do I suggest that this is greenwashing? Well REEs are a hot topic right now due to being metals that are critical in transitioning to green technology, as well as other high tech uses. \nThe currently mined iron oxide apatite mines up right next door to this new ore body also are rich in REE. Not as rich, but they come out to be about 0.07 percent on average in these ores, but the sheer volume of ore means that the potential tonnage is high. But they aren't hailed in the media as a harbinger of European REE independance. \nNow, apatite and its phosphorus is not wanted in iron, so when the iron ore is crushed and enriched on site, it produces a waste sand known as tailings, which are then dumped in ponds near to the mine. The tailings are enriched in the apatite and other REE rich minerals, as the iron has been taken out. \nJust the tailings pond in Kiruna, which amount to 76 million tonnes of tailings (as of 2019) have been measured to contain 0.12% REE. Pretty close to what is reported from this new deposit. Combined with other tailings repositories in the area, it is potentially hundreds of thousands of tonnes of REE just sitting there, ready to go more or less, already mined and crushed. They could easily be exploiting that resource if they were serious about REE production. To be fair, there are projects working on it, but it is still small scale pilot projects.\nBut they don't get splashy international headlines because like I said, I doubt this is really about them hot to mine REE. It is because they want to get at the easy to extract, easy to process iron fast, so the Swedish government makes a big announcement, to sell this as an REE deposit and try and get mining it faster, and wrapping it up in a big green bow to try and make the environmentalists and the Sami keep quiet.", ">\n\n\ntry and make the Sami keep quiet. \n\nA time honoured Swedish tradition.", ">\n\nWhat is the Sami?", ">\n\nThey are the original indigenous people of the far north of Fennoscandia, inhabiting the northern parts of Norway, Sweden and Finland. Culturally and linguistically they are somewhat related to the Finns, but were traditionally nomadic. They were displaced north progressively by the Germanic Scandinavians and Christian Finns from the south, and then starting in the 1800s they suffered a similar kind of treatment as indigenous people in other parts of the world, including discrimination, forced assimilation practices and attempts to erase their cultures and languages.\nToday they are recognised as the indigenous people of the north and have some autonomy and protection, but there is a long history in Sweden and the other Nordic countries of ignoring and mistreating them. That is what OP was referring to. The Sami lands are rich in many minerals, and also are home to a lot of hydroelectric capacity, and that means that their lands have suffered negatively from an environmental perspective despite their opposition.", ">\n\n\noriginal indigenous people \n\nvery far from, komsa culture is more than 8000 years before, they are indigenous because they were inhabitants before the countries were officially countries", ">\n\nThe Sami settled from the East, Bronze Age swedes from the South. They were mixed for many centuries, with the \"forest Sami\" living as far South as Dalarna. The Sami would have a nomadic or semi-nomadic culture not far from settled farmers. Meanwhile, the southern Swedes settled the Baltic Sea coast quite early on, even pretty far up north. The area around e.g. Kiruna was colonized later in a more intentional way.", ">\n\nyes, but komsa people settled north of samis/kvens before that", ">\n\n\nArchaeological evidence indicates that the Komsa culture was almost exclusively sea-oriented, living mainly off seal hunting and being able boat-builders and fishermen.\n\nAlso, they lived along the Norwegian coast, so they didn't really have contact with the farmers who came later.", ">\n\nBad news for China, good news for world balance.", ">\n\nAgreed. You have to deal with the Thorium and Uranium content in many of the ores, not to mention all the other toxic waste produced separating the different rare earth oxides. The reason why China dominates the processing of the ores is because, it frankly does not care as much about toxicity/radioactivity/environment. Also the 8 or so major rare earth processing companies in China have some state ownership and are heavily subsidized (China considers rare earths to be a national security issue). As such, Chinese rare earth producers can undercut almost all others when it comes to the price of the oxides and pure metals. I doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China. Whether they can make the money from selling the ore really boils down to the type of rare earths found in the deposit. The largest rare earth miner in the US (out West) still has not turned a profit.", ">\n\n\nI doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China.\n\nWe are actually. More specifically, LKAB is planning to do so in Norway, in partnership with Norwegian company Reetec. There's also plans to do some processing in a new industrial park in north Sweden near this mine. Here's an article in Swedish about it.", ">\n\nWell then Kudos to Sweden and Norway! Well done! I wish the US government had the courage to do what is necessary for US miners.", ">\n\nThey already did. They are restoring Mountain Pass Mine (an huge deposit) on government dime/US environment. \nIt is likely only to be used for military use however, ensuring we got proper amount of RE for bombs if we go to war with China. \nIt isn't gonna make your Iphone cheaper :)", ">\n\n> It isn't gonna make your Iphone cheaper :) \nIt might. If the US military is buying less rare earths on the international market then that reduces the demand on that source.", ">\n\nthat indirect reduction in materials cost will not translate into savings for you" ]
> Uh, the US made billions off those sales, because they were selling oil for $97 that was bought for a whole lot less than that. Now that prices are down in the $70s they're starting to buy it back. Buy low, sell high, that's sort of how it is supposed to work, right?
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip", ">\n\nOk, Denmark.", ">\n\nThey call it that in the UK too apparently.", ">\n\nSwedish geologist here who can provide a bit of context to this. As it happens my main field is rare earth elements (REE), and their formation within these types of ores that they are talking about. I have no connection to LKAB, the state owned mining firm that announced the discovery. \nWhile they are hailing this as a deposit of REEs what it most likely is is a greenwashing by the Swedish state, and LKAB to more easily sell the public on more iron mining, as this is really just yet another iron ore that happens to have a high content of REE. Shockingly high to be honest, almost enough to make me a bit skeptical that they hadn’t misplaced a decimal in the press release. \nThe major iron ore deposits that are mined in the Kiruna area, Kirunavaara, Malmberget and so on are what are known as iron-oxide apatite deposits. These occur in other places in Sweden, including central Sweden, Grängesberg, Blötberget to name a couple, and in the world. They are rich in, well, iron, as well as the mineral apatite, which containes abundant phosphorus. Phosphate minerals like apatite have a habit of acting as sort of a vacuum for REEs, enriching them in thes iron ores. These deposits also contain other REE minerals, xenotime, monazite, allanite.\nNow why do I suggest that this is greenwashing? Well REEs are a hot topic right now due to being metals that are critical in transitioning to green technology, as well as other high tech uses. \nThe currently mined iron oxide apatite mines up right next door to this new ore body also are rich in REE. Not as rich, but they come out to be about 0.07 percent on average in these ores, but the sheer volume of ore means that the potential tonnage is high. But they aren't hailed in the media as a harbinger of European REE independance. \nNow, apatite and its phosphorus is not wanted in iron, so when the iron ore is crushed and enriched on site, it produces a waste sand known as tailings, which are then dumped in ponds near to the mine. The tailings are enriched in the apatite and other REE rich minerals, as the iron has been taken out. \nJust the tailings pond in Kiruna, which amount to 76 million tonnes of tailings (as of 2019) have been measured to contain 0.12% REE. Pretty close to what is reported from this new deposit. Combined with other tailings repositories in the area, it is potentially hundreds of thousands of tonnes of REE just sitting there, ready to go more or less, already mined and crushed. They could easily be exploiting that resource if they were serious about REE production. To be fair, there are projects working on it, but it is still small scale pilot projects.\nBut they don't get splashy international headlines because like I said, I doubt this is really about them hot to mine REE. It is because they want to get at the easy to extract, easy to process iron fast, so the Swedish government makes a big announcement, to sell this as an REE deposit and try and get mining it faster, and wrapping it up in a big green bow to try and make the environmentalists and the Sami keep quiet.", ">\n\n\ntry and make the Sami keep quiet. \n\nA time honoured Swedish tradition.", ">\n\nWhat is the Sami?", ">\n\nThey are the original indigenous people of the far north of Fennoscandia, inhabiting the northern parts of Norway, Sweden and Finland. Culturally and linguistically they are somewhat related to the Finns, but were traditionally nomadic. They were displaced north progressively by the Germanic Scandinavians and Christian Finns from the south, and then starting in the 1800s they suffered a similar kind of treatment as indigenous people in other parts of the world, including discrimination, forced assimilation practices and attempts to erase their cultures and languages.\nToday they are recognised as the indigenous people of the north and have some autonomy and protection, but there is a long history in Sweden and the other Nordic countries of ignoring and mistreating them. That is what OP was referring to. The Sami lands are rich in many minerals, and also are home to a lot of hydroelectric capacity, and that means that their lands have suffered negatively from an environmental perspective despite their opposition.", ">\n\n\noriginal indigenous people \n\nvery far from, komsa culture is more than 8000 years before, they are indigenous because they were inhabitants before the countries were officially countries", ">\n\nThe Sami settled from the East, Bronze Age swedes from the South. They were mixed for many centuries, with the \"forest Sami\" living as far South as Dalarna. The Sami would have a nomadic or semi-nomadic culture not far from settled farmers. Meanwhile, the southern Swedes settled the Baltic Sea coast quite early on, even pretty far up north. The area around e.g. Kiruna was colonized later in a more intentional way.", ">\n\nyes, but komsa people settled north of samis/kvens before that", ">\n\n\nArchaeological evidence indicates that the Komsa culture was almost exclusively sea-oriented, living mainly off seal hunting and being able boat-builders and fishermen.\n\nAlso, they lived along the Norwegian coast, so they didn't really have contact with the farmers who came later.", ">\n\nBad news for China, good news for world balance.", ">\n\nAgreed. You have to deal with the Thorium and Uranium content in many of the ores, not to mention all the other toxic waste produced separating the different rare earth oxides. The reason why China dominates the processing of the ores is because, it frankly does not care as much about toxicity/radioactivity/environment. Also the 8 or so major rare earth processing companies in China have some state ownership and are heavily subsidized (China considers rare earths to be a national security issue). As such, Chinese rare earth producers can undercut almost all others when it comes to the price of the oxides and pure metals. I doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China. Whether they can make the money from selling the ore really boils down to the type of rare earths found in the deposit. The largest rare earth miner in the US (out West) still has not turned a profit.", ">\n\n\nI doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China.\n\nWe are actually. More specifically, LKAB is planning to do so in Norway, in partnership with Norwegian company Reetec. There's also plans to do some processing in a new industrial park in north Sweden near this mine. Here's an article in Swedish about it.", ">\n\nWell then Kudos to Sweden and Norway! Well done! I wish the US government had the courage to do what is necessary for US miners.", ">\n\nThey already did. They are restoring Mountain Pass Mine (an huge deposit) on government dime/US environment. \nIt is likely only to be used for military use however, ensuring we got proper amount of RE for bombs if we go to war with China. \nIt isn't gonna make your Iphone cheaper :)", ">\n\n> It isn't gonna make your Iphone cheaper :) \nIt might. If the US military is buying less rare earths on the international market then that reduces the demand on that source.", ">\n\nthat indirect reduction in materials cost will not translate into savings for you", ">\n\nYeah. Bidens release of strategic petroleum didn't lessen the prices OR make a profit. Nothing matters, give your money to Lrrr.\nEdit: god fukin dammit here ya go: /s. \nCan you not find an obscure Futurama reference as enough of a \"/s\"?" ]
> Given that Yttrium - a rare-earth element- was discovered in a Swedish village, this is not all that surprising.
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip", ">\n\nOk, Denmark.", ">\n\nThey call it that in the UK too apparently.", ">\n\nSwedish geologist here who can provide a bit of context to this. As it happens my main field is rare earth elements (REE), and their formation within these types of ores that they are talking about. I have no connection to LKAB, the state owned mining firm that announced the discovery. \nWhile they are hailing this as a deposit of REEs what it most likely is is a greenwashing by the Swedish state, and LKAB to more easily sell the public on more iron mining, as this is really just yet another iron ore that happens to have a high content of REE. Shockingly high to be honest, almost enough to make me a bit skeptical that they hadn’t misplaced a decimal in the press release. \nThe major iron ore deposits that are mined in the Kiruna area, Kirunavaara, Malmberget and so on are what are known as iron-oxide apatite deposits. These occur in other places in Sweden, including central Sweden, Grängesberg, Blötberget to name a couple, and in the world. They are rich in, well, iron, as well as the mineral apatite, which containes abundant phosphorus. Phosphate minerals like apatite have a habit of acting as sort of a vacuum for REEs, enriching them in thes iron ores. These deposits also contain other REE minerals, xenotime, monazite, allanite.\nNow why do I suggest that this is greenwashing? Well REEs are a hot topic right now due to being metals that are critical in transitioning to green technology, as well as other high tech uses. \nThe currently mined iron oxide apatite mines up right next door to this new ore body also are rich in REE. Not as rich, but they come out to be about 0.07 percent on average in these ores, but the sheer volume of ore means that the potential tonnage is high. But they aren't hailed in the media as a harbinger of European REE independance. \nNow, apatite and its phosphorus is not wanted in iron, so when the iron ore is crushed and enriched on site, it produces a waste sand known as tailings, which are then dumped in ponds near to the mine. The tailings are enriched in the apatite and other REE rich minerals, as the iron has been taken out. \nJust the tailings pond in Kiruna, which amount to 76 million tonnes of tailings (as of 2019) have been measured to contain 0.12% REE. Pretty close to what is reported from this new deposit. Combined with other tailings repositories in the area, it is potentially hundreds of thousands of tonnes of REE just sitting there, ready to go more or less, already mined and crushed. They could easily be exploiting that resource if they were serious about REE production. To be fair, there are projects working on it, but it is still small scale pilot projects.\nBut they don't get splashy international headlines because like I said, I doubt this is really about them hot to mine REE. It is because they want to get at the easy to extract, easy to process iron fast, so the Swedish government makes a big announcement, to sell this as an REE deposit and try and get mining it faster, and wrapping it up in a big green bow to try and make the environmentalists and the Sami keep quiet.", ">\n\n\ntry and make the Sami keep quiet. \n\nA time honoured Swedish tradition.", ">\n\nWhat is the Sami?", ">\n\nThey are the original indigenous people of the far north of Fennoscandia, inhabiting the northern parts of Norway, Sweden and Finland. Culturally and linguistically they are somewhat related to the Finns, but were traditionally nomadic. They were displaced north progressively by the Germanic Scandinavians and Christian Finns from the south, and then starting in the 1800s they suffered a similar kind of treatment as indigenous people in other parts of the world, including discrimination, forced assimilation practices and attempts to erase their cultures and languages.\nToday they are recognised as the indigenous people of the north and have some autonomy and protection, but there is a long history in Sweden and the other Nordic countries of ignoring and mistreating them. That is what OP was referring to. The Sami lands are rich in many minerals, and also are home to a lot of hydroelectric capacity, and that means that their lands have suffered negatively from an environmental perspective despite their opposition.", ">\n\n\noriginal indigenous people \n\nvery far from, komsa culture is more than 8000 years before, they are indigenous because they were inhabitants before the countries were officially countries", ">\n\nThe Sami settled from the East, Bronze Age swedes from the South. They were mixed for many centuries, with the \"forest Sami\" living as far South as Dalarna. The Sami would have a nomadic or semi-nomadic culture not far from settled farmers. Meanwhile, the southern Swedes settled the Baltic Sea coast quite early on, even pretty far up north. The area around e.g. Kiruna was colonized later in a more intentional way.", ">\n\nyes, but komsa people settled north of samis/kvens before that", ">\n\n\nArchaeological evidence indicates that the Komsa culture was almost exclusively sea-oriented, living mainly off seal hunting and being able boat-builders and fishermen.\n\nAlso, they lived along the Norwegian coast, so they didn't really have contact with the farmers who came later.", ">\n\nBad news for China, good news for world balance.", ">\n\nAgreed. You have to deal with the Thorium and Uranium content in many of the ores, not to mention all the other toxic waste produced separating the different rare earth oxides. The reason why China dominates the processing of the ores is because, it frankly does not care as much about toxicity/radioactivity/environment. Also the 8 or so major rare earth processing companies in China have some state ownership and are heavily subsidized (China considers rare earths to be a national security issue). As such, Chinese rare earth producers can undercut almost all others when it comes to the price of the oxides and pure metals. I doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China. Whether they can make the money from selling the ore really boils down to the type of rare earths found in the deposit. The largest rare earth miner in the US (out West) still has not turned a profit.", ">\n\n\nI doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China.\n\nWe are actually. More specifically, LKAB is planning to do so in Norway, in partnership with Norwegian company Reetec. There's also plans to do some processing in a new industrial park in north Sweden near this mine. Here's an article in Swedish about it.", ">\n\nWell then Kudos to Sweden and Norway! Well done! I wish the US government had the courage to do what is necessary for US miners.", ">\n\nThey already did. They are restoring Mountain Pass Mine (an huge deposit) on government dime/US environment. \nIt is likely only to be used for military use however, ensuring we got proper amount of RE for bombs if we go to war with China. \nIt isn't gonna make your Iphone cheaper :)", ">\n\n> It isn't gonna make your Iphone cheaper :) \nIt might. If the US military is buying less rare earths on the international market then that reduces the demand on that source.", ">\n\nthat indirect reduction in materials cost will not translate into savings for you", ">\n\nYeah. Bidens release of strategic petroleum didn't lessen the prices OR make a profit. Nothing matters, give your money to Lrrr.\nEdit: god fukin dammit here ya go: /s. \nCan you not find an obscure Futurama reference as enough of a \"/s\"?", ">\n\nUh, the US made billions off those sales, because they were selling oil for $97 that was bought for a whole lot less than that. Now that prices are down in the $70s they're starting to buy it back. Buy low, sell high, that's sort of how it is supposed to work, right?" ]
> I feel like I'm in a Dr Seuss science class
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip", ">\n\nOk, Denmark.", ">\n\nThey call it that in the UK too apparently.", ">\n\nSwedish geologist here who can provide a bit of context to this. As it happens my main field is rare earth elements (REE), and their formation within these types of ores that they are talking about. I have no connection to LKAB, the state owned mining firm that announced the discovery. \nWhile they are hailing this as a deposit of REEs what it most likely is is a greenwashing by the Swedish state, and LKAB to more easily sell the public on more iron mining, as this is really just yet another iron ore that happens to have a high content of REE. Shockingly high to be honest, almost enough to make me a bit skeptical that they hadn’t misplaced a decimal in the press release. \nThe major iron ore deposits that are mined in the Kiruna area, Kirunavaara, Malmberget and so on are what are known as iron-oxide apatite deposits. These occur in other places in Sweden, including central Sweden, Grängesberg, Blötberget to name a couple, and in the world. They are rich in, well, iron, as well as the mineral apatite, which containes abundant phosphorus. Phosphate minerals like apatite have a habit of acting as sort of a vacuum for REEs, enriching them in thes iron ores. These deposits also contain other REE minerals, xenotime, monazite, allanite.\nNow why do I suggest that this is greenwashing? Well REEs are a hot topic right now due to being metals that are critical in transitioning to green technology, as well as other high tech uses. \nThe currently mined iron oxide apatite mines up right next door to this new ore body also are rich in REE. Not as rich, but they come out to be about 0.07 percent on average in these ores, but the sheer volume of ore means that the potential tonnage is high. But they aren't hailed in the media as a harbinger of European REE independance. \nNow, apatite and its phosphorus is not wanted in iron, so when the iron ore is crushed and enriched on site, it produces a waste sand known as tailings, which are then dumped in ponds near to the mine. The tailings are enriched in the apatite and other REE rich minerals, as the iron has been taken out. \nJust the tailings pond in Kiruna, which amount to 76 million tonnes of tailings (as of 2019) have been measured to contain 0.12% REE. Pretty close to what is reported from this new deposit. Combined with other tailings repositories in the area, it is potentially hundreds of thousands of tonnes of REE just sitting there, ready to go more or less, already mined and crushed. They could easily be exploiting that resource if they were serious about REE production. To be fair, there are projects working on it, but it is still small scale pilot projects.\nBut they don't get splashy international headlines because like I said, I doubt this is really about them hot to mine REE. It is because they want to get at the easy to extract, easy to process iron fast, so the Swedish government makes a big announcement, to sell this as an REE deposit and try and get mining it faster, and wrapping it up in a big green bow to try and make the environmentalists and the Sami keep quiet.", ">\n\n\ntry and make the Sami keep quiet. \n\nA time honoured Swedish tradition.", ">\n\nWhat is the Sami?", ">\n\nThey are the original indigenous people of the far north of Fennoscandia, inhabiting the northern parts of Norway, Sweden and Finland. Culturally and linguistically they are somewhat related to the Finns, but were traditionally nomadic. They were displaced north progressively by the Germanic Scandinavians and Christian Finns from the south, and then starting in the 1800s they suffered a similar kind of treatment as indigenous people in other parts of the world, including discrimination, forced assimilation practices and attempts to erase their cultures and languages.\nToday they are recognised as the indigenous people of the north and have some autonomy and protection, but there is a long history in Sweden and the other Nordic countries of ignoring and mistreating them. That is what OP was referring to. The Sami lands are rich in many minerals, and also are home to a lot of hydroelectric capacity, and that means that their lands have suffered negatively from an environmental perspective despite their opposition.", ">\n\n\noriginal indigenous people \n\nvery far from, komsa culture is more than 8000 years before, they are indigenous because they were inhabitants before the countries were officially countries", ">\n\nThe Sami settled from the East, Bronze Age swedes from the South. They were mixed for many centuries, with the \"forest Sami\" living as far South as Dalarna. The Sami would have a nomadic or semi-nomadic culture not far from settled farmers. Meanwhile, the southern Swedes settled the Baltic Sea coast quite early on, even pretty far up north. The area around e.g. Kiruna was colonized later in a more intentional way.", ">\n\nyes, but komsa people settled north of samis/kvens before that", ">\n\n\nArchaeological evidence indicates that the Komsa culture was almost exclusively sea-oriented, living mainly off seal hunting and being able boat-builders and fishermen.\n\nAlso, they lived along the Norwegian coast, so they didn't really have contact with the farmers who came later.", ">\n\nBad news for China, good news for world balance.", ">\n\nAgreed. You have to deal with the Thorium and Uranium content in many of the ores, not to mention all the other toxic waste produced separating the different rare earth oxides. The reason why China dominates the processing of the ores is because, it frankly does not care as much about toxicity/radioactivity/environment. Also the 8 or so major rare earth processing companies in China have some state ownership and are heavily subsidized (China considers rare earths to be a national security issue). As such, Chinese rare earth producers can undercut almost all others when it comes to the price of the oxides and pure metals. I doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China. Whether they can make the money from selling the ore really boils down to the type of rare earths found in the deposit. The largest rare earth miner in the US (out West) still has not turned a profit.", ">\n\n\nI doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China.\n\nWe are actually. More specifically, LKAB is planning to do so in Norway, in partnership with Norwegian company Reetec. There's also plans to do some processing in a new industrial park in north Sweden near this mine. Here's an article in Swedish about it.", ">\n\nWell then Kudos to Sweden and Norway! Well done! I wish the US government had the courage to do what is necessary for US miners.", ">\n\nThey already did. They are restoring Mountain Pass Mine (an huge deposit) on government dime/US environment. \nIt is likely only to be used for military use however, ensuring we got proper amount of RE for bombs if we go to war with China. \nIt isn't gonna make your Iphone cheaper :)", ">\n\n> It isn't gonna make your Iphone cheaper :) \nIt might. If the US military is buying less rare earths on the international market then that reduces the demand on that source.", ">\n\nthat indirect reduction in materials cost will not translate into savings for you", ">\n\nYeah. Bidens release of strategic petroleum didn't lessen the prices OR make a profit. Nothing matters, give your money to Lrrr.\nEdit: god fukin dammit here ya go: /s. \nCan you not find an obscure Futurama reference as enough of a \"/s\"?", ">\n\nUh, the US made billions off those sales, because they were selling oil for $97 that was bought for a whole lot less than that. Now that prices are down in the $70s they're starting to buy it back. Buy low, sell high, that's sort of how it is supposed to work, right?", ">\n\nGiven that Yttrium - a rare-earth element- was discovered in a Swedish village, this is not all that surprising." ]
> Mmm, green eggs and yttribrebiumxcjasdfjhjkl
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip", ">\n\nOk, Denmark.", ">\n\nThey call it that in the UK too apparently.", ">\n\nSwedish geologist here who can provide a bit of context to this. As it happens my main field is rare earth elements (REE), and their formation within these types of ores that they are talking about. I have no connection to LKAB, the state owned mining firm that announced the discovery. \nWhile they are hailing this as a deposit of REEs what it most likely is is a greenwashing by the Swedish state, and LKAB to more easily sell the public on more iron mining, as this is really just yet another iron ore that happens to have a high content of REE. Shockingly high to be honest, almost enough to make me a bit skeptical that they hadn’t misplaced a decimal in the press release. \nThe major iron ore deposits that are mined in the Kiruna area, Kirunavaara, Malmberget and so on are what are known as iron-oxide apatite deposits. These occur in other places in Sweden, including central Sweden, Grängesberg, Blötberget to name a couple, and in the world. They are rich in, well, iron, as well as the mineral apatite, which containes abundant phosphorus. Phosphate minerals like apatite have a habit of acting as sort of a vacuum for REEs, enriching them in thes iron ores. These deposits also contain other REE minerals, xenotime, monazite, allanite.\nNow why do I suggest that this is greenwashing? Well REEs are a hot topic right now due to being metals that are critical in transitioning to green technology, as well as other high tech uses. \nThe currently mined iron oxide apatite mines up right next door to this new ore body also are rich in REE. Not as rich, but they come out to be about 0.07 percent on average in these ores, but the sheer volume of ore means that the potential tonnage is high. But they aren't hailed in the media as a harbinger of European REE independance. \nNow, apatite and its phosphorus is not wanted in iron, so when the iron ore is crushed and enriched on site, it produces a waste sand known as tailings, which are then dumped in ponds near to the mine. The tailings are enriched in the apatite and other REE rich minerals, as the iron has been taken out. \nJust the tailings pond in Kiruna, which amount to 76 million tonnes of tailings (as of 2019) have been measured to contain 0.12% REE. Pretty close to what is reported from this new deposit. Combined with other tailings repositories in the area, it is potentially hundreds of thousands of tonnes of REE just sitting there, ready to go more or less, already mined and crushed. They could easily be exploiting that resource if they were serious about REE production. To be fair, there are projects working on it, but it is still small scale pilot projects.\nBut they don't get splashy international headlines because like I said, I doubt this is really about them hot to mine REE. It is because they want to get at the easy to extract, easy to process iron fast, so the Swedish government makes a big announcement, to sell this as an REE deposit and try and get mining it faster, and wrapping it up in a big green bow to try and make the environmentalists and the Sami keep quiet.", ">\n\n\ntry and make the Sami keep quiet. \n\nA time honoured Swedish tradition.", ">\n\nWhat is the Sami?", ">\n\nThey are the original indigenous people of the far north of Fennoscandia, inhabiting the northern parts of Norway, Sweden and Finland. Culturally and linguistically they are somewhat related to the Finns, but were traditionally nomadic. They were displaced north progressively by the Germanic Scandinavians and Christian Finns from the south, and then starting in the 1800s they suffered a similar kind of treatment as indigenous people in other parts of the world, including discrimination, forced assimilation practices and attempts to erase their cultures and languages.\nToday they are recognised as the indigenous people of the north and have some autonomy and protection, but there is a long history in Sweden and the other Nordic countries of ignoring and mistreating them. That is what OP was referring to. The Sami lands are rich in many minerals, and also are home to a lot of hydroelectric capacity, and that means that their lands have suffered negatively from an environmental perspective despite their opposition.", ">\n\n\noriginal indigenous people \n\nvery far from, komsa culture is more than 8000 years before, they are indigenous because they were inhabitants before the countries were officially countries", ">\n\nThe Sami settled from the East, Bronze Age swedes from the South. They were mixed for many centuries, with the \"forest Sami\" living as far South as Dalarna. The Sami would have a nomadic or semi-nomadic culture not far from settled farmers. Meanwhile, the southern Swedes settled the Baltic Sea coast quite early on, even pretty far up north. The area around e.g. Kiruna was colonized later in a more intentional way.", ">\n\nyes, but komsa people settled north of samis/kvens before that", ">\n\n\nArchaeological evidence indicates that the Komsa culture was almost exclusively sea-oriented, living mainly off seal hunting and being able boat-builders and fishermen.\n\nAlso, they lived along the Norwegian coast, so they didn't really have contact with the farmers who came later.", ">\n\nBad news for China, good news for world balance.", ">\n\nAgreed. You have to deal with the Thorium and Uranium content in many of the ores, not to mention all the other toxic waste produced separating the different rare earth oxides. The reason why China dominates the processing of the ores is because, it frankly does not care as much about toxicity/radioactivity/environment. Also the 8 or so major rare earth processing companies in China have some state ownership and are heavily subsidized (China considers rare earths to be a national security issue). As such, Chinese rare earth producers can undercut almost all others when it comes to the price of the oxides and pure metals. I doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China. Whether they can make the money from selling the ore really boils down to the type of rare earths found in the deposit. The largest rare earth miner in the US (out West) still has not turned a profit.", ">\n\n\nI doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China.\n\nWe are actually. More specifically, LKAB is planning to do so in Norway, in partnership with Norwegian company Reetec. There's also plans to do some processing in a new industrial park in north Sweden near this mine. Here's an article in Swedish about it.", ">\n\nWell then Kudos to Sweden and Norway! Well done! I wish the US government had the courage to do what is necessary for US miners.", ">\n\nThey already did. They are restoring Mountain Pass Mine (an huge deposit) on government dime/US environment. \nIt is likely only to be used for military use however, ensuring we got proper amount of RE for bombs if we go to war with China. \nIt isn't gonna make your Iphone cheaper :)", ">\n\n> It isn't gonna make your Iphone cheaper :) \nIt might. If the US military is buying less rare earths on the international market then that reduces the demand on that source.", ">\n\nthat indirect reduction in materials cost will not translate into savings for you", ">\n\nYeah. Bidens release of strategic petroleum didn't lessen the prices OR make a profit. Nothing matters, give your money to Lrrr.\nEdit: god fukin dammit here ya go: /s. \nCan you not find an obscure Futurama reference as enough of a \"/s\"?", ">\n\nUh, the US made billions off those sales, because they were selling oil for $97 that was bought for a whole lot less than that. Now that prices are down in the $70s they're starting to buy it back. Buy low, sell high, that's sort of how it is supposed to work, right?", ">\n\nGiven that Yttrium - a rare-earth element- was discovered in a Swedish village, this is not all that surprising.", ">\n\nI feel like I'm in a Dr Seuss science class" ]
> Cheers I'm sat by myself in a hotel restaurant and just laughed out maniacally. Earned some very odd looks
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip", ">\n\nOk, Denmark.", ">\n\nThey call it that in the UK too apparently.", ">\n\nSwedish geologist here who can provide a bit of context to this. As it happens my main field is rare earth elements (REE), and their formation within these types of ores that they are talking about. I have no connection to LKAB, the state owned mining firm that announced the discovery. \nWhile they are hailing this as a deposit of REEs what it most likely is is a greenwashing by the Swedish state, and LKAB to more easily sell the public on more iron mining, as this is really just yet another iron ore that happens to have a high content of REE. Shockingly high to be honest, almost enough to make me a bit skeptical that they hadn’t misplaced a decimal in the press release. \nThe major iron ore deposits that are mined in the Kiruna area, Kirunavaara, Malmberget and so on are what are known as iron-oxide apatite deposits. These occur in other places in Sweden, including central Sweden, Grängesberg, Blötberget to name a couple, and in the world. They are rich in, well, iron, as well as the mineral apatite, which containes abundant phosphorus. Phosphate minerals like apatite have a habit of acting as sort of a vacuum for REEs, enriching them in thes iron ores. These deposits also contain other REE minerals, xenotime, monazite, allanite.\nNow why do I suggest that this is greenwashing? Well REEs are a hot topic right now due to being metals that are critical in transitioning to green technology, as well as other high tech uses. \nThe currently mined iron oxide apatite mines up right next door to this new ore body also are rich in REE. Not as rich, but they come out to be about 0.07 percent on average in these ores, but the sheer volume of ore means that the potential tonnage is high. But they aren't hailed in the media as a harbinger of European REE independance. \nNow, apatite and its phosphorus is not wanted in iron, so when the iron ore is crushed and enriched on site, it produces a waste sand known as tailings, which are then dumped in ponds near to the mine. The tailings are enriched in the apatite and other REE rich minerals, as the iron has been taken out. \nJust the tailings pond in Kiruna, which amount to 76 million tonnes of tailings (as of 2019) have been measured to contain 0.12% REE. Pretty close to what is reported from this new deposit. Combined with other tailings repositories in the area, it is potentially hundreds of thousands of tonnes of REE just sitting there, ready to go more or less, already mined and crushed. They could easily be exploiting that resource if they were serious about REE production. To be fair, there are projects working on it, but it is still small scale pilot projects.\nBut they don't get splashy international headlines because like I said, I doubt this is really about them hot to mine REE. It is because they want to get at the easy to extract, easy to process iron fast, so the Swedish government makes a big announcement, to sell this as an REE deposit and try and get mining it faster, and wrapping it up in a big green bow to try and make the environmentalists and the Sami keep quiet.", ">\n\n\ntry and make the Sami keep quiet. \n\nA time honoured Swedish tradition.", ">\n\nWhat is the Sami?", ">\n\nThey are the original indigenous people of the far north of Fennoscandia, inhabiting the northern parts of Norway, Sweden and Finland. Culturally and linguistically they are somewhat related to the Finns, but were traditionally nomadic. They were displaced north progressively by the Germanic Scandinavians and Christian Finns from the south, and then starting in the 1800s they suffered a similar kind of treatment as indigenous people in other parts of the world, including discrimination, forced assimilation practices and attempts to erase their cultures and languages.\nToday they are recognised as the indigenous people of the north and have some autonomy and protection, but there is a long history in Sweden and the other Nordic countries of ignoring and mistreating them. That is what OP was referring to. The Sami lands are rich in many minerals, and also are home to a lot of hydroelectric capacity, and that means that their lands have suffered negatively from an environmental perspective despite their opposition.", ">\n\n\noriginal indigenous people \n\nvery far from, komsa culture is more than 8000 years before, they are indigenous because they were inhabitants before the countries were officially countries", ">\n\nThe Sami settled from the East, Bronze Age swedes from the South. They were mixed for many centuries, with the \"forest Sami\" living as far South as Dalarna. The Sami would have a nomadic or semi-nomadic culture not far from settled farmers. Meanwhile, the southern Swedes settled the Baltic Sea coast quite early on, even pretty far up north. The area around e.g. Kiruna was colonized later in a more intentional way.", ">\n\nyes, but komsa people settled north of samis/kvens before that", ">\n\n\nArchaeological evidence indicates that the Komsa culture was almost exclusively sea-oriented, living mainly off seal hunting and being able boat-builders and fishermen.\n\nAlso, they lived along the Norwegian coast, so they didn't really have contact with the farmers who came later.", ">\n\nBad news for China, good news for world balance.", ">\n\nAgreed. You have to deal with the Thorium and Uranium content in many of the ores, not to mention all the other toxic waste produced separating the different rare earth oxides. The reason why China dominates the processing of the ores is because, it frankly does not care as much about toxicity/radioactivity/environment. Also the 8 or so major rare earth processing companies in China have some state ownership and are heavily subsidized (China considers rare earths to be a national security issue). As such, Chinese rare earth producers can undercut almost all others when it comes to the price of the oxides and pure metals. I doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China. Whether they can make the money from selling the ore really boils down to the type of rare earths found in the deposit. The largest rare earth miner in the US (out West) still has not turned a profit.", ">\n\n\nI doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China.\n\nWe are actually. More specifically, LKAB is planning to do so in Norway, in partnership with Norwegian company Reetec. There's also plans to do some processing in a new industrial park in north Sweden near this mine. Here's an article in Swedish about it.", ">\n\nWell then Kudos to Sweden and Norway! Well done! I wish the US government had the courage to do what is necessary for US miners.", ">\n\nThey already did. They are restoring Mountain Pass Mine (an huge deposit) on government dime/US environment. \nIt is likely only to be used for military use however, ensuring we got proper amount of RE for bombs if we go to war with China. \nIt isn't gonna make your Iphone cheaper :)", ">\n\n> It isn't gonna make your Iphone cheaper :) \nIt might. If the US military is buying less rare earths on the international market then that reduces the demand on that source.", ">\n\nthat indirect reduction in materials cost will not translate into savings for you", ">\n\nYeah. Bidens release of strategic petroleum didn't lessen the prices OR make a profit. Nothing matters, give your money to Lrrr.\nEdit: god fukin dammit here ya go: /s. \nCan you not find an obscure Futurama reference as enough of a \"/s\"?", ">\n\nUh, the US made billions off those sales, because they were selling oil for $97 that was bought for a whole lot less than that. Now that prices are down in the $70s they're starting to buy it back. Buy low, sell high, that's sort of how it is supposed to work, right?", ">\n\nGiven that Yttrium - a rare-earth element- was discovered in a Swedish village, this is not all that surprising.", ">\n\nI feel like I'm in a Dr Seuss science class", ">\n\nMmm, green eggs and yttribrebiumxcjasdfjhjkl" ]
> Well now they have a reason to rush their nato membership, before someone declares this Russian
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip", ">\n\nOk, Denmark.", ">\n\nThey call it that in the UK too apparently.", ">\n\nSwedish geologist here who can provide a bit of context to this. As it happens my main field is rare earth elements (REE), and their formation within these types of ores that they are talking about. I have no connection to LKAB, the state owned mining firm that announced the discovery. \nWhile they are hailing this as a deposit of REEs what it most likely is is a greenwashing by the Swedish state, and LKAB to more easily sell the public on more iron mining, as this is really just yet another iron ore that happens to have a high content of REE. Shockingly high to be honest, almost enough to make me a bit skeptical that they hadn’t misplaced a decimal in the press release. \nThe major iron ore deposits that are mined in the Kiruna area, Kirunavaara, Malmberget and so on are what are known as iron-oxide apatite deposits. These occur in other places in Sweden, including central Sweden, Grängesberg, Blötberget to name a couple, and in the world. They are rich in, well, iron, as well as the mineral apatite, which containes abundant phosphorus. Phosphate minerals like apatite have a habit of acting as sort of a vacuum for REEs, enriching them in thes iron ores. These deposits also contain other REE minerals, xenotime, monazite, allanite.\nNow why do I suggest that this is greenwashing? Well REEs are a hot topic right now due to being metals that are critical in transitioning to green technology, as well as other high tech uses. \nThe currently mined iron oxide apatite mines up right next door to this new ore body also are rich in REE. Not as rich, but they come out to be about 0.07 percent on average in these ores, but the sheer volume of ore means that the potential tonnage is high. But they aren't hailed in the media as a harbinger of European REE independance. \nNow, apatite and its phosphorus is not wanted in iron, so when the iron ore is crushed and enriched on site, it produces a waste sand known as tailings, which are then dumped in ponds near to the mine. The tailings are enriched in the apatite and other REE rich minerals, as the iron has been taken out. \nJust the tailings pond in Kiruna, which amount to 76 million tonnes of tailings (as of 2019) have been measured to contain 0.12% REE. Pretty close to what is reported from this new deposit. Combined with other tailings repositories in the area, it is potentially hundreds of thousands of tonnes of REE just sitting there, ready to go more or less, already mined and crushed. They could easily be exploiting that resource if they were serious about REE production. To be fair, there are projects working on it, but it is still small scale pilot projects.\nBut they don't get splashy international headlines because like I said, I doubt this is really about them hot to mine REE. It is because they want to get at the easy to extract, easy to process iron fast, so the Swedish government makes a big announcement, to sell this as an REE deposit and try and get mining it faster, and wrapping it up in a big green bow to try and make the environmentalists and the Sami keep quiet.", ">\n\n\ntry and make the Sami keep quiet. \n\nA time honoured Swedish tradition.", ">\n\nWhat is the Sami?", ">\n\nThey are the original indigenous people of the far north of Fennoscandia, inhabiting the northern parts of Norway, Sweden and Finland. Culturally and linguistically they are somewhat related to the Finns, but were traditionally nomadic. They were displaced north progressively by the Germanic Scandinavians and Christian Finns from the south, and then starting in the 1800s they suffered a similar kind of treatment as indigenous people in other parts of the world, including discrimination, forced assimilation practices and attempts to erase their cultures and languages.\nToday they are recognised as the indigenous people of the north and have some autonomy and protection, but there is a long history in Sweden and the other Nordic countries of ignoring and mistreating them. That is what OP was referring to. The Sami lands are rich in many minerals, and also are home to a lot of hydroelectric capacity, and that means that their lands have suffered negatively from an environmental perspective despite their opposition.", ">\n\n\noriginal indigenous people \n\nvery far from, komsa culture is more than 8000 years before, they are indigenous because they were inhabitants before the countries were officially countries", ">\n\nThe Sami settled from the East, Bronze Age swedes from the South. They were mixed for many centuries, with the \"forest Sami\" living as far South as Dalarna. The Sami would have a nomadic or semi-nomadic culture not far from settled farmers. Meanwhile, the southern Swedes settled the Baltic Sea coast quite early on, even pretty far up north. The area around e.g. Kiruna was colonized later in a more intentional way.", ">\n\nyes, but komsa people settled north of samis/kvens before that", ">\n\n\nArchaeological evidence indicates that the Komsa culture was almost exclusively sea-oriented, living mainly off seal hunting and being able boat-builders and fishermen.\n\nAlso, they lived along the Norwegian coast, so they didn't really have contact with the farmers who came later.", ">\n\nBad news for China, good news for world balance.", ">\n\nAgreed. You have to deal with the Thorium and Uranium content in many of the ores, not to mention all the other toxic waste produced separating the different rare earth oxides. The reason why China dominates the processing of the ores is because, it frankly does not care as much about toxicity/radioactivity/environment. Also the 8 or so major rare earth processing companies in China have some state ownership and are heavily subsidized (China considers rare earths to be a national security issue). As such, Chinese rare earth producers can undercut almost all others when it comes to the price of the oxides and pure metals. I doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China. Whether they can make the money from selling the ore really boils down to the type of rare earths found in the deposit. The largest rare earth miner in the US (out West) still has not turned a profit.", ">\n\n\nI doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China.\n\nWe are actually. More specifically, LKAB is planning to do so in Norway, in partnership with Norwegian company Reetec. There's also plans to do some processing in a new industrial park in north Sweden near this mine. Here's an article in Swedish about it.", ">\n\nWell then Kudos to Sweden and Norway! Well done! I wish the US government had the courage to do what is necessary for US miners.", ">\n\nThey already did. They are restoring Mountain Pass Mine (an huge deposit) on government dime/US environment. \nIt is likely only to be used for military use however, ensuring we got proper amount of RE for bombs if we go to war with China. \nIt isn't gonna make your Iphone cheaper :)", ">\n\n> It isn't gonna make your Iphone cheaper :) \nIt might. If the US military is buying less rare earths on the international market then that reduces the demand on that source.", ">\n\nthat indirect reduction in materials cost will not translate into savings for you", ">\n\nYeah. Bidens release of strategic petroleum didn't lessen the prices OR make a profit. Nothing matters, give your money to Lrrr.\nEdit: god fukin dammit here ya go: /s. \nCan you not find an obscure Futurama reference as enough of a \"/s\"?", ">\n\nUh, the US made billions off those sales, because they were selling oil for $97 that was bought for a whole lot less than that. Now that prices are down in the $70s they're starting to buy it back. Buy low, sell high, that's sort of how it is supposed to work, right?", ">\n\nGiven that Yttrium - a rare-earth element- was discovered in a Swedish village, this is not all that surprising.", ">\n\nI feel like I'm in a Dr Seuss science class", ">\n\nMmm, green eggs and yttribrebiumxcjasdfjhjkl", ">\n\nCheers I'm sat by myself in a hotel restaurant and just laughed out maniacally. Earned some very odd looks" ]
> It's Turkey holding it up, they're trying to blackmail Sweden and Finland into declaring anyone they don't like terrorists. They also don't seem to get the concept of an independent judiciary, as they're also demanding the Swedish government extradite a few journalists and kurds - which isn't really up to the government, even if they wanted to do it.
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip", ">\n\nOk, Denmark.", ">\n\nThey call it that in the UK too apparently.", ">\n\nSwedish geologist here who can provide a bit of context to this. As it happens my main field is rare earth elements (REE), and their formation within these types of ores that they are talking about. I have no connection to LKAB, the state owned mining firm that announced the discovery. \nWhile they are hailing this as a deposit of REEs what it most likely is is a greenwashing by the Swedish state, and LKAB to more easily sell the public on more iron mining, as this is really just yet another iron ore that happens to have a high content of REE. Shockingly high to be honest, almost enough to make me a bit skeptical that they hadn’t misplaced a decimal in the press release. \nThe major iron ore deposits that are mined in the Kiruna area, Kirunavaara, Malmberget and so on are what are known as iron-oxide apatite deposits. These occur in other places in Sweden, including central Sweden, Grängesberg, Blötberget to name a couple, and in the world. They are rich in, well, iron, as well as the mineral apatite, which containes abundant phosphorus. Phosphate minerals like apatite have a habit of acting as sort of a vacuum for REEs, enriching them in thes iron ores. These deposits also contain other REE minerals, xenotime, monazite, allanite.\nNow why do I suggest that this is greenwashing? Well REEs are a hot topic right now due to being metals that are critical in transitioning to green technology, as well as other high tech uses. \nThe currently mined iron oxide apatite mines up right next door to this new ore body also are rich in REE. Not as rich, but they come out to be about 0.07 percent on average in these ores, but the sheer volume of ore means that the potential tonnage is high. But they aren't hailed in the media as a harbinger of European REE independance. \nNow, apatite and its phosphorus is not wanted in iron, so when the iron ore is crushed and enriched on site, it produces a waste sand known as tailings, which are then dumped in ponds near to the mine. The tailings are enriched in the apatite and other REE rich minerals, as the iron has been taken out. \nJust the tailings pond in Kiruna, which amount to 76 million tonnes of tailings (as of 2019) have been measured to contain 0.12% REE. Pretty close to what is reported from this new deposit. Combined with other tailings repositories in the area, it is potentially hundreds of thousands of tonnes of REE just sitting there, ready to go more or less, already mined and crushed. They could easily be exploiting that resource if they were serious about REE production. To be fair, there are projects working on it, but it is still small scale pilot projects.\nBut they don't get splashy international headlines because like I said, I doubt this is really about them hot to mine REE. It is because they want to get at the easy to extract, easy to process iron fast, so the Swedish government makes a big announcement, to sell this as an REE deposit and try and get mining it faster, and wrapping it up in a big green bow to try and make the environmentalists and the Sami keep quiet.", ">\n\n\ntry and make the Sami keep quiet. \n\nA time honoured Swedish tradition.", ">\n\nWhat is the Sami?", ">\n\nThey are the original indigenous people of the far north of Fennoscandia, inhabiting the northern parts of Norway, Sweden and Finland. Culturally and linguistically they are somewhat related to the Finns, but were traditionally nomadic. They were displaced north progressively by the Germanic Scandinavians and Christian Finns from the south, and then starting in the 1800s they suffered a similar kind of treatment as indigenous people in other parts of the world, including discrimination, forced assimilation practices and attempts to erase their cultures and languages.\nToday they are recognised as the indigenous people of the north and have some autonomy and protection, but there is a long history in Sweden and the other Nordic countries of ignoring and mistreating them. That is what OP was referring to. The Sami lands are rich in many minerals, and also are home to a lot of hydroelectric capacity, and that means that their lands have suffered negatively from an environmental perspective despite their opposition.", ">\n\n\noriginal indigenous people \n\nvery far from, komsa culture is more than 8000 years before, they are indigenous because they were inhabitants before the countries were officially countries", ">\n\nThe Sami settled from the East, Bronze Age swedes from the South. They were mixed for many centuries, with the \"forest Sami\" living as far South as Dalarna. The Sami would have a nomadic or semi-nomadic culture not far from settled farmers. Meanwhile, the southern Swedes settled the Baltic Sea coast quite early on, even pretty far up north. The area around e.g. Kiruna was colonized later in a more intentional way.", ">\n\nyes, but komsa people settled north of samis/kvens before that", ">\n\n\nArchaeological evidence indicates that the Komsa culture was almost exclusively sea-oriented, living mainly off seal hunting and being able boat-builders and fishermen.\n\nAlso, they lived along the Norwegian coast, so they didn't really have contact with the farmers who came later.", ">\n\nBad news for China, good news for world balance.", ">\n\nAgreed. You have to deal with the Thorium and Uranium content in many of the ores, not to mention all the other toxic waste produced separating the different rare earth oxides. The reason why China dominates the processing of the ores is because, it frankly does not care as much about toxicity/radioactivity/environment. Also the 8 or so major rare earth processing companies in China have some state ownership and are heavily subsidized (China considers rare earths to be a national security issue). As such, Chinese rare earth producers can undercut almost all others when it comes to the price of the oxides and pure metals. I doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China. Whether they can make the money from selling the ore really boils down to the type of rare earths found in the deposit. The largest rare earth miner in the US (out West) still has not turned a profit.", ">\n\n\nI doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China.\n\nWe are actually. More specifically, LKAB is planning to do so in Norway, in partnership with Norwegian company Reetec. There's also plans to do some processing in a new industrial park in north Sweden near this mine. Here's an article in Swedish about it.", ">\n\nWell then Kudos to Sweden and Norway! Well done! I wish the US government had the courage to do what is necessary for US miners.", ">\n\nThey already did. They are restoring Mountain Pass Mine (an huge deposit) on government dime/US environment. \nIt is likely only to be used for military use however, ensuring we got proper amount of RE for bombs if we go to war with China. \nIt isn't gonna make your Iphone cheaper :)", ">\n\n> It isn't gonna make your Iphone cheaper :) \nIt might. If the US military is buying less rare earths on the international market then that reduces the demand on that source.", ">\n\nthat indirect reduction in materials cost will not translate into savings for you", ">\n\nYeah. Bidens release of strategic petroleum didn't lessen the prices OR make a profit. Nothing matters, give your money to Lrrr.\nEdit: god fukin dammit here ya go: /s. \nCan you not find an obscure Futurama reference as enough of a \"/s\"?", ">\n\nUh, the US made billions off those sales, because they were selling oil for $97 that was bought for a whole lot less than that. Now that prices are down in the $70s they're starting to buy it back. Buy low, sell high, that's sort of how it is supposed to work, right?", ">\n\nGiven that Yttrium - a rare-earth element- was discovered in a Swedish village, this is not all that surprising.", ">\n\nI feel like I'm in a Dr Seuss science class", ">\n\nMmm, green eggs and yttribrebiumxcjasdfjhjkl", ">\n\nCheers I'm sat by myself in a hotel restaurant and just laughed out maniacally. Earned some very odd looks", ">\n\nWell now they have a reason to rush their nato membership, before someone declares this Russian" ]
> Hungary hasn’t ratified it yet either
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip", ">\n\nOk, Denmark.", ">\n\nThey call it that in the UK too apparently.", ">\n\nSwedish geologist here who can provide a bit of context to this. As it happens my main field is rare earth elements (REE), and their formation within these types of ores that they are talking about. I have no connection to LKAB, the state owned mining firm that announced the discovery. \nWhile they are hailing this as a deposit of REEs what it most likely is is a greenwashing by the Swedish state, and LKAB to more easily sell the public on more iron mining, as this is really just yet another iron ore that happens to have a high content of REE. Shockingly high to be honest, almost enough to make me a bit skeptical that they hadn’t misplaced a decimal in the press release. \nThe major iron ore deposits that are mined in the Kiruna area, Kirunavaara, Malmberget and so on are what are known as iron-oxide apatite deposits. These occur in other places in Sweden, including central Sweden, Grängesberg, Blötberget to name a couple, and in the world. They are rich in, well, iron, as well as the mineral apatite, which containes abundant phosphorus. Phosphate minerals like apatite have a habit of acting as sort of a vacuum for REEs, enriching them in thes iron ores. These deposits also contain other REE minerals, xenotime, monazite, allanite.\nNow why do I suggest that this is greenwashing? Well REEs are a hot topic right now due to being metals that are critical in transitioning to green technology, as well as other high tech uses. \nThe currently mined iron oxide apatite mines up right next door to this new ore body also are rich in REE. Not as rich, but they come out to be about 0.07 percent on average in these ores, but the sheer volume of ore means that the potential tonnage is high. But they aren't hailed in the media as a harbinger of European REE independance. \nNow, apatite and its phosphorus is not wanted in iron, so when the iron ore is crushed and enriched on site, it produces a waste sand known as tailings, which are then dumped in ponds near to the mine. The tailings are enriched in the apatite and other REE rich minerals, as the iron has been taken out. \nJust the tailings pond in Kiruna, which amount to 76 million tonnes of tailings (as of 2019) have been measured to contain 0.12% REE. Pretty close to what is reported from this new deposit. Combined with other tailings repositories in the area, it is potentially hundreds of thousands of tonnes of REE just sitting there, ready to go more or less, already mined and crushed. They could easily be exploiting that resource if they were serious about REE production. To be fair, there are projects working on it, but it is still small scale pilot projects.\nBut they don't get splashy international headlines because like I said, I doubt this is really about them hot to mine REE. It is because they want to get at the easy to extract, easy to process iron fast, so the Swedish government makes a big announcement, to sell this as an REE deposit and try and get mining it faster, and wrapping it up in a big green bow to try and make the environmentalists and the Sami keep quiet.", ">\n\n\ntry and make the Sami keep quiet. \n\nA time honoured Swedish tradition.", ">\n\nWhat is the Sami?", ">\n\nThey are the original indigenous people of the far north of Fennoscandia, inhabiting the northern parts of Norway, Sweden and Finland. Culturally and linguistically they are somewhat related to the Finns, but were traditionally nomadic. They were displaced north progressively by the Germanic Scandinavians and Christian Finns from the south, and then starting in the 1800s they suffered a similar kind of treatment as indigenous people in other parts of the world, including discrimination, forced assimilation practices and attempts to erase their cultures and languages.\nToday they are recognised as the indigenous people of the north and have some autonomy and protection, but there is a long history in Sweden and the other Nordic countries of ignoring and mistreating them. That is what OP was referring to. The Sami lands are rich in many minerals, and also are home to a lot of hydroelectric capacity, and that means that their lands have suffered negatively from an environmental perspective despite their opposition.", ">\n\n\noriginal indigenous people \n\nvery far from, komsa culture is more than 8000 years before, they are indigenous because they were inhabitants before the countries were officially countries", ">\n\nThe Sami settled from the East, Bronze Age swedes from the South. They were mixed for many centuries, with the \"forest Sami\" living as far South as Dalarna. The Sami would have a nomadic or semi-nomadic culture not far from settled farmers. Meanwhile, the southern Swedes settled the Baltic Sea coast quite early on, even pretty far up north. The area around e.g. Kiruna was colonized later in a more intentional way.", ">\n\nyes, but komsa people settled north of samis/kvens before that", ">\n\n\nArchaeological evidence indicates that the Komsa culture was almost exclusively sea-oriented, living mainly off seal hunting and being able boat-builders and fishermen.\n\nAlso, they lived along the Norwegian coast, so they didn't really have contact with the farmers who came later.", ">\n\nBad news for China, good news for world balance.", ">\n\nAgreed. You have to deal with the Thorium and Uranium content in many of the ores, not to mention all the other toxic waste produced separating the different rare earth oxides. The reason why China dominates the processing of the ores is because, it frankly does not care as much about toxicity/radioactivity/environment. Also the 8 or so major rare earth processing companies in China have some state ownership and are heavily subsidized (China considers rare earths to be a national security issue). As such, Chinese rare earth producers can undercut almost all others when it comes to the price of the oxides and pure metals. I doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China. Whether they can make the money from selling the ore really boils down to the type of rare earths found in the deposit. The largest rare earth miner in the US (out West) still has not turned a profit.", ">\n\n\nI doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China.\n\nWe are actually. More specifically, LKAB is planning to do so in Norway, in partnership with Norwegian company Reetec. There's also plans to do some processing in a new industrial park in north Sweden near this mine. Here's an article in Swedish about it.", ">\n\nWell then Kudos to Sweden and Norway! Well done! I wish the US government had the courage to do what is necessary for US miners.", ">\n\nThey already did. They are restoring Mountain Pass Mine (an huge deposit) on government dime/US environment. \nIt is likely only to be used for military use however, ensuring we got proper amount of RE for bombs if we go to war with China. \nIt isn't gonna make your Iphone cheaper :)", ">\n\n> It isn't gonna make your Iphone cheaper :) \nIt might. If the US military is buying less rare earths on the international market then that reduces the demand on that source.", ">\n\nthat indirect reduction in materials cost will not translate into savings for you", ">\n\nYeah. Bidens release of strategic petroleum didn't lessen the prices OR make a profit. Nothing matters, give your money to Lrrr.\nEdit: god fukin dammit here ya go: /s. \nCan you not find an obscure Futurama reference as enough of a \"/s\"?", ">\n\nUh, the US made billions off those sales, because they were selling oil for $97 that was bought for a whole lot less than that. Now that prices are down in the $70s they're starting to buy it back. Buy low, sell high, that's sort of how it is supposed to work, right?", ">\n\nGiven that Yttrium - a rare-earth element- was discovered in a Swedish village, this is not all that surprising.", ">\n\nI feel like I'm in a Dr Seuss science class", ">\n\nMmm, green eggs and yttribrebiumxcjasdfjhjkl", ">\n\nCheers I'm sat by myself in a hotel restaurant and just laughed out maniacally. Earned some very odd looks", ">\n\nWell now they have a reason to rush their nato membership, before someone declares this Russian", ">\n\nIt's Turkey holding it up, they're trying to blackmail Sweden and Finland into declaring anyone they don't like terrorists. They also don't seem to get the concept of an independent judiciary, as they're also demanding the Swedish government extradite a few journalists and kurds - which isn't really up to the government, even if they wanted to do it." ]
> Hungary can go eat a bag of dicks and watch themselves become part of the CCCPv2.0. Turkey has actual strategic value given its location spanning Europe and Asia, as well as a respectable military.
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip", ">\n\nOk, Denmark.", ">\n\nThey call it that in the UK too apparently.", ">\n\nSwedish geologist here who can provide a bit of context to this. As it happens my main field is rare earth elements (REE), and their formation within these types of ores that they are talking about. I have no connection to LKAB, the state owned mining firm that announced the discovery. \nWhile they are hailing this as a deposit of REEs what it most likely is is a greenwashing by the Swedish state, and LKAB to more easily sell the public on more iron mining, as this is really just yet another iron ore that happens to have a high content of REE. Shockingly high to be honest, almost enough to make me a bit skeptical that they hadn’t misplaced a decimal in the press release. \nThe major iron ore deposits that are mined in the Kiruna area, Kirunavaara, Malmberget and so on are what are known as iron-oxide apatite deposits. These occur in other places in Sweden, including central Sweden, Grängesberg, Blötberget to name a couple, and in the world. They are rich in, well, iron, as well as the mineral apatite, which containes abundant phosphorus. Phosphate minerals like apatite have a habit of acting as sort of a vacuum for REEs, enriching them in thes iron ores. These deposits also contain other REE minerals, xenotime, monazite, allanite.\nNow why do I suggest that this is greenwashing? Well REEs are a hot topic right now due to being metals that are critical in transitioning to green technology, as well as other high tech uses. \nThe currently mined iron oxide apatite mines up right next door to this new ore body also are rich in REE. Not as rich, but they come out to be about 0.07 percent on average in these ores, but the sheer volume of ore means that the potential tonnage is high. But they aren't hailed in the media as a harbinger of European REE independance. \nNow, apatite and its phosphorus is not wanted in iron, so when the iron ore is crushed and enriched on site, it produces a waste sand known as tailings, which are then dumped in ponds near to the mine. The tailings are enriched in the apatite and other REE rich minerals, as the iron has been taken out. \nJust the tailings pond in Kiruna, which amount to 76 million tonnes of tailings (as of 2019) have been measured to contain 0.12% REE. Pretty close to what is reported from this new deposit. Combined with other tailings repositories in the area, it is potentially hundreds of thousands of tonnes of REE just sitting there, ready to go more or less, already mined and crushed. They could easily be exploiting that resource if they were serious about REE production. To be fair, there are projects working on it, but it is still small scale pilot projects.\nBut they don't get splashy international headlines because like I said, I doubt this is really about them hot to mine REE. It is because they want to get at the easy to extract, easy to process iron fast, so the Swedish government makes a big announcement, to sell this as an REE deposit and try and get mining it faster, and wrapping it up in a big green bow to try and make the environmentalists and the Sami keep quiet.", ">\n\n\ntry and make the Sami keep quiet. \n\nA time honoured Swedish tradition.", ">\n\nWhat is the Sami?", ">\n\nThey are the original indigenous people of the far north of Fennoscandia, inhabiting the northern parts of Norway, Sweden and Finland. Culturally and linguistically they are somewhat related to the Finns, but were traditionally nomadic. They were displaced north progressively by the Germanic Scandinavians and Christian Finns from the south, and then starting in the 1800s they suffered a similar kind of treatment as indigenous people in other parts of the world, including discrimination, forced assimilation practices and attempts to erase their cultures and languages.\nToday they are recognised as the indigenous people of the north and have some autonomy and protection, but there is a long history in Sweden and the other Nordic countries of ignoring and mistreating them. That is what OP was referring to. The Sami lands are rich in many minerals, and also are home to a lot of hydroelectric capacity, and that means that their lands have suffered negatively from an environmental perspective despite their opposition.", ">\n\n\noriginal indigenous people \n\nvery far from, komsa culture is more than 8000 years before, they are indigenous because they were inhabitants before the countries were officially countries", ">\n\nThe Sami settled from the East, Bronze Age swedes from the South. They were mixed for many centuries, with the \"forest Sami\" living as far South as Dalarna. The Sami would have a nomadic or semi-nomadic culture not far from settled farmers. Meanwhile, the southern Swedes settled the Baltic Sea coast quite early on, even pretty far up north. The area around e.g. Kiruna was colonized later in a more intentional way.", ">\n\nyes, but komsa people settled north of samis/kvens before that", ">\n\n\nArchaeological evidence indicates that the Komsa culture was almost exclusively sea-oriented, living mainly off seal hunting and being able boat-builders and fishermen.\n\nAlso, they lived along the Norwegian coast, so they didn't really have contact with the farmers who came later.", ">\n\nBad news for China, good news for world balance.", ">\n\nAgreed. You have to deal with the Thorium and Uranium content in many of the ores, not to mention all the other toxic waste produced separating the different rare earth oxides. The reason why China dominates the processing of the ores is because, it frankly does not care as much about toxicity/radioactivity/environment. Also the 8 or so major rare earth processing companies in China have some state ownership and are heavily subsidized (China considers rare earths to be a national security issue). As such, Chinese rare earth producers can undercut almost all others when it comes to the price of the oxides and pure metals. I doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China. Whether they can make the money from selling the ore really boils down to the type of rare earths found in the deposit. The largest rare earth miner in the US (out West) still has not turned a profit.", ">\n\n\nI doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China.\n\nWe are actually. More specifically, LKAB is planning to do so in Norway, in partnership with Norwegian company Reetec. There's also plans to do some processing in a new industrial park in north Sweden near this mine. Here's an article in Swedish about it.", ">\n\nWell then Kudos to Sweden and Norway! Well done! I wish the US government had the courage to do what is necessary for US miners.", ">\n\nThey already did. They are restoring Mountain Pass Mine (an huge deposit) on government dime/US environment. \nIt is likely only to be used for military use however, ensuring we got proper amount of RE for bombs if we go to war with China. \nIt isn't gonna make your Iphone cheaper :)", ">\n\n> It isn't gonna make your Iphone cheaper :) \nIt might. If the US military is buying less rare earths on the international market then that reduces the demand on that source.", ">\n\nthat indirect reduction in materials cost will not translate into savings for you", ">\n\nYeah. Bidens release of strategic petroleum didn't lessen the prices OR make a profit. Nothing matters, give your money to Lrrr.\nEdit: god fukin dammit here ya go: /s. \nCan you not find an obscure Futurama reference as enough of a \"/s\"?", ">\n\nUh, the US made billions off those sales, because they were selling oil for $97 that was bought for a whole lot less than that. Now that prices are down in the $70s they're starting to buy it back. Buy low, sell high, that's sort of how it is supposed to work, right?", ">\n\nGiven that Yttrium - a rare-earth element- was discovered in a Swedish village, this is not all that surprising.", ">\n\nI feel like I'm in a Dr Seuss science class", ">\n\nMmm, green eggs and yttribrebiumxcjasdfjhjkl", ">\n\nCheers I'm sat by myself in a hotel restaurant and just laughed out maniacally. Earned some very odd looks", ">\n\nWell now they have a reason to rush their nato membership, before someone declares this Russian", ">\n\nIt's Turkey holding it up, they're trying to blackmail Sweden and Finland into declaring anyone they don't like terrorists. They also don't seem to get the concept of an independent judiciary, as they're also demanding the Swedish government extradite a few journalists and kurds - which isn't really up to the government, even if they wanted to do it.", ">\n\nHungary hasn’t ratified it yet either" ]
> Finland and Sweden for Hungary is a no-brainer.
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip", ">\n\nOk, Denmark.", ">\n\nThey call it that in the UK too apparently.", ">\n\nSwedish geologist here who can provide a bit of context to this. As it happens my main field is rare earth elements (REE), and their formation within these types of ores that they are talking about. I have no connection to LKAB, the state owned mining firm that announced the discovery. \nWhile they are hailing this as a deposit of REEs what it most likely is is a greenwashing by the Swedish state, and LKAB to more easily sell the public on more iron mining, as this is really just yet another iron ore that happens to have a high content of REE. Shockingly high to be honest, almost enough to make me a bit skeptical that they hadn’t misplaced a decimal in the press release. \nThe major iron ore deposits that are mined in the Kiruna area, Kirunavaara, Malmberget and so on are what are known as iron-oxide apatite deposits. These occur in other places in Sweden, including central Sweden, Grängesberg, Blötberget to name a couple, and in the world. They are rich in, well, iron, as well as the mineral apatite, which containes abundant phosphorus. Phosphate minerals like apatite have a habit of acting as sort of a vacuum for REEs, enriching them in thes iron ores. These deposits also contain other REE minerals, xenotime, monazite, allanite.\nNow why do I suggest that this is greenwashing? Well REEs are a hot topic right now due to being metals that are critical in transitioning to green technology, as well as other high tech uses. \nThe currently mined iron oxide apatite mines up right next door to this new ore body also are rich in REE. Not as rich, but they come out to be about 0.07 percent on average in these ores, but the sheer volume of ore means that the potential tonnage is high. But they aren't hailed in the media as a harbinger of European REE independance. \nNow, apatite and its phosphorus is not wanted in iron, so when the iron ore is crushed and enriched on site, it produces a waste sand known as tailings, which are then dumped in ponds near to the mine. The tailings are enriched in the apatite and other REE rich minerals, as the iron has been taken out. \nJust the tailings pond in Kiruna, which amount to 76 million tonnes of tailings (as of 2019) have been measured to contain 0.12% REE. Pretty close to what is reported from this new deposit. Combined with other tailings repositories in the area, it is potentially hundreds of thousands of tonnes of REE just sitting there, ready to go more or less, already mined and crushed. They could easily be exploiting that resource if they were serious about REE production. To be fair, there are projects working on it, but it is still small scale pilot projects.\nBut they don't get splashy international headlines because like I said, I doubt this is really about them hot to mine REE. It is because they want to get at the easy to extract, easy to process iron fast, so the Swedish government makes a big announcement, to sell this as an REE deposit and try and get mining it faster, and wrapping it up in a big green bow to try and make the environmentalists and the Sami keep quiet.", ">\n\n\ntry and make the Sami keep quiet. \n\nA time honoured Swedish tradition.", ">\n\nWhat is the Sami?", ">\n\nThey are the original indigenous people of the far north of Fennoscandia, inhabiting the northern parts of Norway, Sweden and Finland. Culturally and linguistically they are somewhat related to the Finns, but were traditionally nomadic. They were displaced north progressively by the Germanic Scandinavians and Christian Finns from the south, and then starting in the 1800s they suffered a similar kind of treatment as indigenous people in other parts of the world, including discrimination, forced assimilation practices and attempts to erase their cultures and languages.\nToday they are recognised as the indigenous people of the north and have some autonomy and protection, but there is a long history in Sweden and the other Nordic countries of ignoring and mistreating them. That is what OP was referring to. The Sami lands are rich in many minerals, and also are home to a lot of hydroelectric capacity, and that means that their lands have suffered negatively from an environmental perspective despite their opposition.", ">\n\n\noriginal indigenous people \n\nvery far from, komsa culture is more than 8000 years before, they are indigenous because they were inhabitants before the countries were officially countries", ">\n\nThe Sami settled from the East, Bronze Age swedes from the South. They were mixed for many centuries, with the \"forest Sami\" living as far South as Dalarna. The Sami would have a nomadic or semi-nomadic culture not far from settled farmers. Meanwhile, the southern Swedes settled the Baltic Sea coast quite early on, even pretty far up north. The area around e.g. Kiruna was colonized later in a more intentional way.", ">\n\nyes, but komsa people settled north of samis/kvens before that", ">\n\n\nArchaeological evidence indicates that the Komsa culture was almost exclusively sea-oriented, living mainly off seal hunting and being able boat-builders and fishermen.\n\nAlso, they lived along the Norwegian coast, so they didn't really have contact with the farmers who came later.", ">\n\nBad news for China, good news for world balance.", ">\n\nAgreed. You have to deal with the Thorium and Uranium content in many of the ores, not to mention all the other toxic waste produced separating the different rare earth oxides. The reason why China dominates the processing of the ores is because, it frankly does not care as much about toxicity/radioactivity/environment. Also the 8 or so major rare earth processing companies in China have some state ownership and are heavily subsidized (China considers rare earths to be a national security issue). As such, Chinese rare earth producers can undercut almost all others when it comes to the price of the oxides and pure metals. I doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China. Whether they can make the money from selling the ore really boils down to the type of rare earths found in the deposit. The largest rare earth miner in the US (out West) still has not turned a profit.", ">\n\n\nI doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China.\n\nWe are actually. More specifically, LKAB is planning to do so in Norway, in partnership with Norwegian company Reetec. There's also plans to do some processing in a new industrial park in north Sweden near this mine. Here's an article in Swedish about it.", ">\n\nWell then Kudos to Sweden and Norway! Well done! I wish the US government had the courage to do what is necessary for US miners.", ">\n\nThey already did. They are restoring Mountain Pass Mine (an huge deposit) on government dime/US environment. \nIt is likely only to be used for military use however, ensuring we got proper amount of RE for bombs if we go to war with China. \nIt isn't gonna make your Iphone cheaper :)", ">\n\n> It isn't gonna make your Iphone cheaper :) \nIt might. If the US military is buying less rare earths on the international market then that reduces the demand on that source.", ">\n\nthat indirect reduction in materials cost will not translate into savings for you", ">\n\nYeah. Bidens release of strategic petroleum didn't lessen the prices OR make a profit. Nothing matters, give your money to Lrrr.\nEdit: god fukin dammit here ya go: /s. \nCan you not find an obscure Futurama reference as enough of a \"/s\"?", ">\n\nUh, the US made billions off those sales, because they were selling oil for $97 that was bought for a whole lot less than that. Now that prices are down in the $70s they're starting to buy it back. Buy low, sell high, that's sort of how it is supposed to work, right?", ">\n\nGiven that Yttrium - a rare-earth element- was discovered in a Swedish village, this is not all that surprising.", ">\n\nI feel like I'm in a Dr Seuss science class", ">\n\nMmm, green eggs and yttribrebiumxcjasdfjhjkl", ">\n\nCheers I'm sat by myself in a hotel restaurant and just laughed out maniacally. Earned some very odd looks", ">\n\nWell now they have a reason to rush their nato membership, before someone declares this Russian", ">\n\nIt's Turkey holding it up, they're trying to blackmail Sweden and Finland into declaring anyone they don't like terrorists. They also don't seem to get the concept of an independent judiciary, as they're also demanding the Swedish government extradite a few journalists and kurds - which isn't really up to the government, even if they wanted to do it.", ">\n\nHungary hasn’t ratified it yet either", ">\n\nHungary can go eat a bag of dicks and watch themselves become part of the CCCPv2.0. Turkey has actual strategic value given its location spanning Europe and Asia, as well as a respectable military." ]
> [Heyman] NATO has acquired Finland and Sweden in exchange for Hungary and a Baltic state to be named later. Deal is pending physical.
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip", ">\n\nOk, Denmark.", ">\n\nThey call it that in the UK too apparently.", ">\n\nSwedish geologist here who can provide a bit of context to this. As it happens my main field is rare earth elements (REE), and their formation within these types of ores that they are talking about. I have no connection to LKAB, the state owned mining firm that announced the discovery. \nWhile they are hailing this as a deposit of REEs what it most likely is is a greenwashing by the Swedish state, and LKAB to more easily sell the public on more iron mining, as this is really just yet another iron ore that happens to have a high content of REE. Shockingly high to be honest, almost enough to make me a bit skeptical that they hadn’t misplaced a decimal in the press release. \nThe major iron ore deposits that are mined in the Kiruna area, Kirunavaara, Malmberget and so on are what are known as iron-oxide apatite deposits. These occur in other places in Sweden, including central Sweden, Grängesberg, Blötberget to name a couple, and in the world. They are rich in, well, iron, as well as the mineral apatite, which containes abundant phosphorus. Phosphate minerals like apatite have a habit of acting as sort of a vacuum for REEs, enriching them in thes iron ores. These deposits also contain other REE minerals, xenotime, monazite, allanite.\nNow why do I suggest that this is greenwashing? Well REEs are a hot topic right now due to being metals that are critical in transitioning to green technology, as well as other high tech uses. \nThe currently mined iron oxide apatite mines up right next door to this new ore body also are rich in REE. Not as rich, but they come out to be about 0.07 percent on average in these ores, but the sheer volume of ore means that the potential tonnage is high. But they aren't hailed in the media as a harbinger of European REE independance. \nNow, apatite and its phosphorus is not wanted in iron, so when the iron ore is crushed and enriched on site, it produces a waste sand known as tailings, which are then dumped in ponds near to the mine. The tailings are enriched in the apatite and other REE rich minerals, as the iron has been taken out. \nJust the tailings pond in Kiruna, which amount to 76 million tonnes of tailings (as of 2019) have been measured to contain 0.12% REE. Pretty close to what is reported from this new deposit. Combined with other tailings repositories in the area, it is potentially hundreds of thousands of tonnes of REE just sitting there, ready to go more or less, already mined and crushed. They could easily be exploiting that resource if they were serious about REE production. To be fair, there are projects working on it, but it is still small scale pilot projects.\nBut they don't get splashy international headlines because like I said, I doubt this is really about them hot to mine REE. It is because they want to get at the easy to extract, easy to process iron fast, so the Swedish government makes a big announcement, to sell this as an REE deposit and try and get mining it faster, and wrapping it up in a big green bow to try and make the environmentalists and the Sami keep quiet.", ">\n\n\ntry and make the Sami keep quiet. \n\nA time honoured Swedish tradition.", ">\n\nWhat is the Sami?", ">\n\nThey are the original indigenous people of the far north of Fennoscandia, inhabiting the northern parts of Norway, Sweden and Finland. Culturally and linguistically they are somewhat related to the Finns, but were traditionally nomadic. They were displaced north progressively by the Germanic Scandinavians and Christian Finns from the south, and then starting in the 1800s they suffered a similar kind of treatment as indigenous people in other parts of the world, including discrimination, forced assimilation practices and attempts to erase their cultures and languages.\nToday they are recognised as the indigenous people of the north and have some autonomy and protection, but there is a long history in Sweden and the other Nordic countries of ignoring and mistreating them. That is what OP was referring to. The Sami lands are rich in many minerals, and also are home to a lot of hydroelectric capacity, and that means that their lands have suffered negatively from an environmental perspective despite their opposition.", ">\n\n\noriginal indigenous people \n\nvery far from, komsa culture is more than 8000 years before, they are indigenous because they were inhabitants before the countries were officially countries", ">\n\nThe Sami settled from the East, Bronze Age swedes from the South. They were mixed for many centuries, with the \"forest Sami\" living as far South as Dalarna. The Sami would have a nomadic or semi-nomadic culture not far from settled farmers. Meanwhile, the southern Swedes settled the Baltic Sea coast quite early on, even pretty far up north. The area around e.g. Kiruna was colonized later in a more intentional way.", ">\n\nyes, but komsa people settled north of samis/kvens before that", ">\n\n\nArchaeological evidence indicates that the Komsa culture was almost exclusively sea-oriented, living mainly off seal hunting and being able boat-builders and fishermen.\n\nAlso, they lived along the Norwegian coast, so they didn't really have contact with the farmers who came later.", ">\n\nBad news for China, good news for world balance.", ">\n\nAgreed. You have to deal with the Thorium and Uranium content in many of the ores, not to mention all the other toxic waste produced separating the different rare earth oxides. The reason why China dominates the processing of the ores is because, it frankly does not care as much about toxicity/radioactivity/environment. Also the 8 or so major rare earth processing companies in China have some state ownership and are heavily subsidized (China considers rare earths to be a national security issue). As such, Chinese rare earth producers can undercut almost all others when it comes to the price of the oxides and pure metals. I doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China. Whether they can make the money from selling the ore really boils down to the type of rare earths found in the deposit. The largest rare earth miner in the US (out West) still has not turned a profit.", ">\n\n\nI doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China.\n\nWe are actually. More specifically, LKAB is planning to do so in Norway, in partnership with Norwegian company Reetec. There's also plans to do some processing in a new industrial park in north Sweden near this mine. Here's an article in Swedish about it.", ">\n\nWell then Kudos to Sweden and Norway! Well done! I wish the US government had the courage to do what is necessary for US miners.", ">\n\nThey already did. They are restoring Mountain Pass Mine (an huge deposit) on government dime/US environment. \nIt is likely only to be used for military use however, ensuring we got proper amount of RE for bombs if we go to war with China. \nIt isn't gonna make your Iphone cheaper :)", ">\n\n> It isn't gonna make your Iphone cheaper :) \nIt might. If the US military is buying less rare earths on the international market then that reduces the demand on that source.", ">\n\nthat indirect reduction in materials cost will not translate into savings for you", ">\n\nYeah. Bidens release of strategic petroleum didn't lessen the prices OR make a profit. Nothing matters, give your money to Lrrr.\nEdit: god fukin dammit here ya go: /s. \nCan you not find an obscure Futurama reference as enough of a \"/s\"?", ">\n\nUh, the US made billions off those sales, because they were selling oil for $97 that was bought for a whole lot less than that. Now that prices are down in the $70s they're starting to buy it back. Buy low, sell high, that's sort of how it is supposed to work, right?", ">\n\nGiven that Yttrium - a rare-earth element- was discovered in a Swedish village, this is not all that surprising.", ">\n\nI feel like I'm in a Dr Seuss science class", ">\n\nMmm, green eggs and yttribrebiumxcjasdfjhjkl", ">\n\nCheers I'm sat by myself in a hotel restaurant and just laughed out maniacally. Earned some very odd looks", ">\n\nWell now they have a reason to rush their nato membership, before someone declares this Russian", ">\n\nIt's Turkey holding it up, they're trying to blackmail Sweden and Finland into declaring anyone they don't like terrorists. They also don't seem to get the concept of an independent judiciary, as they're also demanding the Swedish government extradite a few journalists and kurds - which isn't really up to the government, even if they wanted to do it.", ">\n\nHungary hasn’t ratified it yet either", ">\n\nHungary can go eat a bag of dicks and watch themselves become part of the CCCPv2.0. Turkey has actual strategic value given its location spanning Europe and Asia, as well as a respectable military.", ">\n\nFinland and Sweden for Hungary is a no-brainer." ]
> [Heyman] NATO has acquired Finland and Sweden in exchange for Hungary and a Baltic state to be named later. Deal is pending physical. Carlos Correa in a NATO uniform on the front page of ESPN tomorrow?
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip", ">\n\nOk, Denmark.", ">\n\nThey call it that in the UK too apparently.", ">\n\nSwedish geologist here who can provide a bit of context to this. As it happens my main field is rare earth elements (REE), and their formation within these types of ores that they are talking about. I have no connection to LKAB, the state owned mining firm that announced the discovery. \nWhile they are hailing this as a deposit of REEs what it most likely is is a greenwashing by the Swedish state, and LKAB to more easily sell the public on more iron mining, as this is really just yet another iron ore that happens to have a high content of REE. Shockingly high to be honest, almost enough to make me a bit skeptical that they hadn’t misplaced a decimal in the press release. \nThe major iron ore deposits that are mined in the Kiruna area, Kirunavaara, Malmberget and so on are what are known as iron-oxide apatite deposits. These occur in other places in Sweden, including central Sweden, Grängesberg, Blötberget to name a couple, and in the world. They are rich in, well, iron, as well as the mineral apatite, which containes abundant phosphorus. Phosphate minerals like apatite have a habit of acting as sort of a vacuum for REEs, enriching them in thes iron ores. These deposits also contain other REE minerals, xenotime, monazite, allanite.\nNow why do I suggest that this is greenwashing? Well REEs are a hot topic right now due to being metals that are critical in transitioning to green technology, as well as other high tech uses. \nThe currently mined iron oxide apatite mines up right next door to this new ore body also are rich in REE. Not as rich, but they come out to be about 0.07 percent on average in these ores, but the sheer volume of ore means that the potential tonnage is high. But they aren't hailed in the media as a harbinger of European REE independance. \nNow, apatite and its phosphorus is not wanted in iron, so when the iron ore is crushed and enriched on site, it produces a waste sand known as tailings, which are then dumped in ponds near to the mine. The tailings are enriched in the apatite and other REE rich minerals, as the iron has been taken out. \nJust the tailings pond in Kiruna, which amount to 76 million tonnes of tailings (as of 2019) have been measured to contain 0.12% REE. Pretty close to what is reported from this new deposit. Combined with other tailings repositories in the area, it is potentially hundreds of thousands of tonnes of REE just sitting there, ready to go more or less, already mined and crushed. They could easily be exploiting that resource if they were serious about REE production. To be fair, there are projects working on it, but it is still small scale pilot projects.\nBut they don't get splashy international headlines because like I said, I doubt this is really about them hot to mine REE. It is because they want to get at the easy to extract, easy to process iron fast, so the Swedish government makes a big announcement, to sell this as an REE deposit and try and get mining it faster, and wrapping it up in a big green bow to try and make the environmentalists and the Sami keep quiet.", ">\n\n\ntry and make the Sami keep quiet. \n\nA time honoured Swedish tradition.", ">\n\nWhat is the Sami?", ">\n\nThey are the original indigenous people of the far north of Fennoscandia, inhabiting the northern parts of Norway, Sweden and Finland. Culturally and linguistically they are somewhat related to the Finns, but were traditionally nomadic. They were displaced north progressively by the Germanic Scandinavians and Christian Finns from the south, and then starting in the 1800s they suffered a similar kind of treatment as indigenous people in other parts of the world, including discrimination, forced assimilation practices and attempts to erase their cultures and languages.\nToday they are recognised as the indigenous people of the north and have some autonomy and protection, but there is a long history in Sweden and the other Nordic countries of ignoring and mistreating them. That is what OP was referring to. The Sami lands are rich in many minerals, and also are home to a lot of hydroelectric capacity, and that means that their lands have suffered negatively from an environmental perspective despite their opposition.", ">\n\n\noriginal indigenous people \n\nvery far from, komsa culture is more than 8000 years before, they are indigenous because they were inhabitants before the countries were officially countries", ">\n\nThe Sami settled from the East, Bronze Age swedes from the South. They were mixed for many centuries, with the \"forest Sami\" living as far South as Dalarna. The Sami would have a nomadic or semi-nomadic culture not far from settled farmers. Meanwhile, the southern Swedes settled the Baltic Sea coast quite early on, even pretty far up north. The area around e.g. Kiruna was colonized later in a more intentional way.", ">\n\nyes, but komsa people settled north of samis/kvens before that", ">\n\n\nArchaeological evidence indicates that the Komsa culture was almost exclusively sea-oriented, living mainly off seal hunting and being able boat-builders and fishermen.\n\nAlso, they lived along the Norwegian coast, so they didn't really have contact with the farmers who came later.", ">\n\nBad news for China, good news for world balance.", ">\n\nAgreed. You have to deal with the Thorium and Uranium content in many of the ores, not to mention all the other toxic waste produced separating the different rare earth oxides. The reason why China dominates the processing of the ores is because, it frankly does not care as much about toxicity/radioactivity/environment. Also the 8 or so major rare earth processing companies in China have some state ownership and are heavily subsidized (China considers rare earths to be a national security issue). As such, Chinese rare earth producers can undercut almost all others when it comes to the price of the oxides and pure metals. I doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China. Whether they can make the money from selling the ore really boils down to the type of rare earths found in the deposit. The largest rare earth miner in the US (out West) still has not turned a profit.", ">\n\n\nI doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China.\n\nWe are actually. More specifically, LKAB is planning to do so in Norway, in partnership with Norwegian company Reetec. There's also plans to do some processing in a new industrial park in north Sweden near this mine. Here's an article in Swedish about it.", ">\n\nWell then Kudos to Sweden and Norway! Well done! I wish the US government had the courage to do what is necessary for US miners.", ">\n\nThey already did. They are restoring Mountain Pass Mine (an huge deposit) on government dime/US environment. \nIt is likely only to be used for military use however, ensuring we got proper amount of RE for bombs if we go to war with China. \nIt isn't gonna make your Iphone cheaper :)", ">\n\n> It isn't gonna make your Iphone cheaper :) \nIt might. If the US military is buying less rare earths on the international market then that reduces the demand on that source.", ">\n\nthat indirect reduction in materials cost will not translate into savings for you", ">\n\nYeah. Bidens release of strategic petroleum didn't lessen the prices OR make a profit. Nothing matters, give your money to Lrrr.\nEdit: god fukin dammit here ya go: /s. \nCan you not find an obscure Futurama reference as enough of a \"/s\"?", ">\n\nUh, the US made billions off those sales, because they were selling oil for $97 that was bought for a whole lot less than that. Now that prices are down in the $70s they're starting to buy it back. Buy low, sell high, that's sort of how it is supposed to work, right?", ">\n\nGiven that Yttrium - a rare-earth element- was discovered in a Swedish village, this is not all that surprising.", ">\n\nI feel like I'm in a Dr Seuss science class", ">\n\nMmm, green eggs and yttribrebiumxcjasdfjhjkl", ">\n\nCheers I'm sat by myself in a hotel restaurant and just laughed out maniacally. Earned some very odd looks", ">\n\nWell now they have a reason to rush their nato membership, before someone declares this Russian", ">\n\nIt's Turkey holding it up, they're trying to blackmail Sweden and Finland into declaring anyone they don't like terrorists. They also don't seem to get the concept of an independent judiciary, as they're also demanding the Swedish government extradite a few journalists and kurds - which isn't really up to the government, even if they wanted to do it.", ">\n\nHungary hasn’t ratified it yet either", ">\n\nHungary can go eat a bag of dicks and watch themselves become part of the CCCPv2.0. Turkey has actual strategic value given its location spanning Europe and Asia, as well as a respectable military.", ">\n\nFinland and Sweden for Hungary is a no-brainer.", ">\n\n[Heyman] NATO has acquired Finland and Sweden in exchange for Hungary and a Baltic state to be named later. Deal is pending physical." ]
> Aren't there like 5 elements isolated from the samples of a single mine?
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip", ">\n\nOk, Denmark.", ">\n\nThey call it that in the UK too apparently.", ">\n\nSwedish geologist here who can provide a bit of context to this. As it happens my main field is rare earth elements (REE), and their formation within these types of ores that they are talking about. I have no connection to LKAB, the state owned mining firm that announced the discovery. \nWhile they are hailing this as a deposit of REEs what it most likely is is a greenwashing by the Swedish state, and LKAB to more easily sell the public on more iron mining, as this is really just yet another iron ore that happens to have a high content of REE. Shockingly high to be honest, almost enough to make me a bit skeptical that they hadn’t misplaced a decimal in the press release. \nThe major iron ore deposits that are mined in the Kiruna area, Kirunavaara, Malmberget and so on are what are known as iron-oxide apatite deposits. These occur in other places in Sweden, including central Sweden, Grängesberg, Blötberget to name a couple, and in the world. They are rich in, well, iron, as well as the mineral apatite, which containes abundant phosphorus. Phosphate minerals like apatite have a habit of acting as sort of a vacuum for REEs, enriching them in thes iron ores. These deposits also contain other REE minerals, xenotime, monazite, allanite.\nNow why do I suggest that this is greenwashing? Well REEs are a hot topic right now due to being metals that are critical in transitioning to green technology, as well as other high tech uses. \nThe currently mined iron oxide apatite mines up right next door to this new ore body also are rich in REE. Not as rich, but they come out to be about 0.07 percent on average in these ores, but the sheer volume of ore means that the potential tonnage is high. But they aren't hailed in the media as a harbinger of European REE independance. \nNow, apatite and its phosphorus is not wanted in iron, so when the iron ore is crushed and enriched on site, it produces a waste sand known as tailings, which are then dumped in ponds near to the mine. The tailings are enriched in the apatite and other REE rich minerals, as the iron has been taken out. \nJust the tailings pond in Kiruna, which amount to 76 million tonnes of tailings (as of 2019) have been measured to contain 0.12% REE. Pretty close to what is reported from this new deposit. Combined with other tailings repositories in the area, it is potentially hundreds of thousands of tonnes of REE just sitting there, ready to go more or less, already mined and crushed. They could easily be exploiting that resource if they were serious about REE production. To be fair, there are projects working on it, but it is still small scale pilot projects.\nBut they don't get splashy international headlines because like I said, I doubt this is really about them hot to mine REE. It is because they want to get at the easy to extract, easy to process iron fast, so the Swedish government makes a big announcement, to sell this as an REE deposit and try and get mining it faster, and wrapping it up in a big green bow to try and make the environmentalists and the Sami keep quiet.", ">\n\n\ntry and make the Sami keep quiet. \n\nA time honoured Swedish tradition.", ">\n\nWhat is the Sami?", ">\n\nThey are the original indigenous people of the far north of Fennoscandia, inhabiting the northern parts of Norway, Sweden and Finland. Culturally and linguistically they are somewhat related to the Finns, but were traditionally nomadic. They were displaced north progressively by the Germanic Scandinavians and Christian Finns from the south, and then starting in the 1800s they suffered a similar kind of treatment as indigenous people in other parts of the world, including discrimination, forced assimilation practices and attempts to erase their cultures and languages.\nToday they are recognised as the indigenous people of the north and have some autonomy and protection, but there is a long history in Sweden and the other Nordic countries of ignoring and mistreating them. That is what OP was referring to. The Sami lands are rich in many minerals, and also are home to a lot of hydroelectric capacity, and that means that their lands have suffered negatively from an environmental perspective despite their opposition.", ">\n\n\noriginal indigenous people \n\nvery far from, komsa culture is more than 8000 years before, they are indigenous because they were inhabitants before the countries were officially countries", ">\n\nThe Sami settled from the East, Bronze Age swedes from the South. They were mixed for many centuries, with the \"forest Sami\" living as far South as Dalarna. The Sami would have a nomadic or semi-nomadic culture not far from settled farmers. Meanwhile, the southern Swedes settled the Baltic Sea coast quite early on, even pretty far up north. The area around e.g. Kiruna was colonized later in a more intentional way.", ">\n\nyes, but komsa people settled north of samis/kvens before that", ">\n\n\nArchaeological evidence indicates that the Komsa culture was almost exclusively sea-oriented, living mainly off seal hunting and being able boat-builders and fishermen.\n\nAlso, they lived along the Norwegian coast, so they didn't really have contact with the farmers who came later.", ">\n\nBad news for China, good news for world balance.", ">\n\nAgreed. You have to deal with the Thorium and Uranium content in many of the ores, not to mention all the other toxic waste produced separating the different rare earth oxides. The reason why China dominates the processing of the ores is because, it frankly does not care as much about toxicity/radioactivity/environment. Also the 8 or so major rare earth processing companies in China have some state ownership and are heavily subsidized (China considers rare earths to be a national security issue). As such, Chinese rare earth producers can undercut almost all others when it comes to the price of the oxides and pure metals. I doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China. Whether they can make the money from selling the ore really boils down to the type of rare earths found in the deposit. The largest rare earth miner in the US (out West) still has not turned a profit.", ">\n\n\nI doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China.\n\nWe are actually. More specifically, LKAB is planning to do so in Norway, in partnership with Norwegian company Reetec. There's also plans to do some processing in a new industrial park in north Sweden near this mine. Here's an article in Swedish about it.", ">\n\nWell then Kudos to Sweden and Norway! Well done! I wish the US government had the courage to do what is necessary for US miners.", ">\n\nThey already did. They are restoring Mountain Pass Mine (an huge deposit) on government dime/US environment. \nIt is likely only to be used for military use however, ensuring we got proper amount of RE for bombs if we go to war with China. \nIt isn't gonna make your Iphone cheaper :)", ">\n\n> It isn't gonna make your Iphone cheaper :) \nIt might. If the US military is buying less rare earths on the international market then that reduces the demand on that source.", ">\n\nthat indirect reduction in materials cost will not translate into savings for you", ">\n\nYeah. Bidens release of strategic petroleum didn't lessen the prices OR make a profit. Nothing matters, give your money to Lrrr.\nEdit: god fukin dammit here ya go: /s. \nCan you not find an obscure Futurama reference as enough of a \"/s\"?", ">\n\nUh, the US made billions off those sales, because they were selling oil for $97 that was bought for a whole lot less than that. Now that prices are down in the $70s they're starting to buy it back. Buy low, sell high, that's sort of how it is supposed to work, right?", ">\n\nGiven that Yttrium - a rare-earth element- was discovered in a Swedish village, this is not all that surprising.", ">\n\nI feel like I'm in a Dr Seuss science class", ">\n\nMmm, green eggs and yttribrebiumxcjasdfjhjkl", ">\n\nCheers I'm sat by myself in a hotel restaurant and just laughed out maniacally. Earned some very odd looks", ">\n\nWell now they have a reason to rush their nato membership, before someone declares this Russian", ">\n\nIt's Turkey holding it up, they're trying to blackmail Sweden and Finland into declaring anyone they don't like terrorists. They also don't seem to get the concept of an independent judiciary, as they're also demanding the Swedish government extradite a few journalists and kurds - which isn't really up to the government, even if they wanted to do it.", ">\n\nHungary hasn’t ratified it yet either", ">\n\nHungary can go eat a bag of dicks and watch themselves become part of the CCCPv2.0. Turkey has actual strategic value given its location spanning Europe and Asia, as well as a respectable military.", ">\n\nFinland and Sweden for Hungary is a no-brainer.", ">\n\n[Heyman] NATO has acquired Finland and Sweden in exchange for Hungary and a Baltic state to be named later. Deal is pending physical.", ">\n\n\n[Heyman] NATO has acquired Finland and Sweden in exchange for Hungary and a Baltic state to be named later. Deal is pending physical.\n\nCarlos Correa in a NATO uniform on the front page of ESPN tomorrow?" ]
> 9 elements actually. 4 of them are named after the town Ytterby. Yttrium, Ytterbium, Terbium, Erbium, Holmium, Skandium, Tulium, Gadolinium, Tantalum*.
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip", ">\n\nOk, Denmark.", ">\n\nThey call it that in the UK too apparently.", ">\n\nSwedish geologist here who can provide a bit of context to this. As it happens my main field is rare earth elements (REE), and their formation within these types of ores that they are talking about. I have no connection to LKAB, the state owned mining firm that announced the discovery. \nWhile they are hailing this as a deposit of REEs what it most likely is is a greenwashing by the Swedish state, and LKAB to more easily sell the public on more iron mining, as this is really just yet another iron ore that happens to have a high content of REE. Shockingly high to be honest, almost enough to make me a bit skeptical that they hadn’t misplaced a decimal in the press release. \nThe major iron ore deposits that are mined in the Kiruna area, Kirunavaara, Malmberget and so on are what are known as iron-oxide apatite deposits. These occur in other places in Sweden, including central Sweden, Grängesberg, Blötberget to name a couple, and in the world. They are rich in, well, iron, as well as the mineral apatite, which containes abundant phosphorus. Phosphate minerals like apatite have a habit of acting as sort of a vacuum for REEs, enriching them in thes iron ores. These deposits also contain other REE minerals, xenotime, monazite, allanite.\nNow why do I suggest that this is greenwashing? Well REEs are a hot topic right now due to being metals that are critical in transitioning to green technology, as well as other high tech uses. \nThe currently mined iron oxide apatite mines up right next door to this new ore body also are rich in REE. Not as rich, but they come out to be about 0.07 percent on average in these ores, but the sheer volume of ore means that the potential tonnage is high. But they aren't hailed in the media as a harbinger of European REE independance. \nNow, apatite and its phosphorus is not wanted in iron, so when the iron ore is crushed and enriched on site, it produces a waste sand known as tailings, which are then dumped in ponds near to the mine. The tailings are enriched in the apatite and other REE rich minerals, as the iron has been taken out. \nJust the tailings pond in Kiruna, which amount to 76 million tonnes of tailings (as of 2019) have been measured to contain 0.12% REE. Pretty close to what is reported from this new deposit. Combined with other tailings repositories in the area, it is potentially hundreds of thousands of tonnes of REE just sitting there, ready to go more or less, already mined and crushed. They could easily be exploiting that resource if they were serious about REE production. To be fair, there are projects working on it, but it is still small scale pilot projects.\nBut they don't get splashy international headlines because like I said, I doubt this is really about them hot to mine REE. It is because they want to get at the easy to extract, easy to process iron fast, so the Swedish government makes a big announcement, to sell this as an REE deposit and try and get mining it faster, and wrapping it up in a big green bow to try and make the environmentalists and the Sami keep quiet.", ">\n\n\ntry and make the Sami keep quiet. \n\nA time honoured Swedish tradition.", ">\n\nWhat is the Sami?", ">\n\nThey are the original indigenous people of the far north of Fennoscandia, inhabiting the northern parts of Norway, Sweden and Finland. Culturally and linguistically they are somewhat related to the Finns, but were traditionally nomadic. They were displaced north progressively by the Germanic Scandinavians and Christian Finns from the south, and then starting in the 1800s they suffered a similar kind of treatment as indigenous people in other parts of the world, including discrimination, forced assimilation practices and attempts to erase their cultures and languages.\nToday they are recognised as the indigenous people of the north and have some autonomy and protection, but there is a long history in Sweden and the other Nordic countries of ignoring and mistreating them. That is what OP was referring to. The Sami lands are rich in many minerals, and also are home to a lot of hydroelectric capacity, and that means that their lands have suffered negatively from an environmental perspective despite their opposition.", ">\n\n\noriginal indigenous people \n\nvery far from, komsa culture is more than 8000 years before, they are indigenous because they were inhabitants before the countries were officially countries", ">\n\nThe Sami settled from the East, Bronze Age swedes from the South. They were mixed for many centuries, with the \"forest Sami\" living as far South as Dalarna. The Sami would have a nomadic or semi-nomadic culture not far from settled farmers. Meanwhile, the southern Swedes settled the Baltic Sea coast quite early on, even pretty far up north. The area around e.g. Kiruna was colonized later in a more intentional way.", ">\n\nyes, but komsa people settled north of samis/kvens before that", ">\n\n\nArchaeological evidence indicates that the Komsa culture was almost exclusively sea-oriented, living mainly off seal hunting and being able boat-builders and fishermen.\n\nAlso, they lived along the Norwegian coast, so they didn't really have contact with the farmers who came later.", ">\n\nBad news for China, good news for world balance.", ">\n\nAgreed. You have to deal with the Thorium and Uranium content in many of the ores, not to mention all the other toxic waste produced separating the different rare earth oxides. The reason why China dominates the processing of the ores is because, it frankly does not care as much about toxicity/radioactivity/environment. Also the 8 or so major rare earth processing companies in China have some state ownership and are heavily subsidized (China considers rare earths to be a national security issue). As such, Chinese rare earth producers can undercut almost all others when it comes to the price of the oxides and pure metals. I doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China. Whether they can make the money from selling the ore really boils down to the type of rare earths found in the deposit. The largest rare earth miner in the US (out West) still has not turned a profit.", ">\n\n\nI doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China.\n\nWe are actually. More specifically, LKAB is planning to do so in Norway, in partnership with Norwegian company Reetec. There's also plans to do some processing in a new industrial park in north Sweden near this mine. Here's an article in Swedish about it.", ">\n\nWell then Kudos to Sweden and Norway! Well done! I wish the US government had the courage to do what is necessary for US miners.", ">\n\nThey already did. They are restoring Mountain Pass Mine (an huge deposit) on government dime/US environment. \nIt is likely only to be used for military use however, ensuring we got proper amount of RE for bombs if we go to war with China. \nIt isn't gonna make your Iphone cheaper :)", ">\n\n> It isn't gonna make your Iphone cheaper :) \nIt might. If the US military is buying less rare earths on the international market then that reduces the demand on that source.", ">\n\nthat indirect reduction in materials cost will not translate into savings for you", ">\n\nYeah. Bidens release of strategic petroleum didn't lessen the prices OR make a profit. Nothing matters, give your money to Lrrr.\nEdit: god fukin dammit here ya go: /s. \nCan you not find an obscure Futurama reference as enough of a \"/s\"?", ">\n\nUh, the US made billions off those sales, because they were selling oil for $97 that was bought for a whole lot less than that. Now that prices are down in the $70s they're starting to buy it back. Buy low, sell high, that's sort of how it is supposed to work, right?", ">\n\nGiven that Yttrium - a rare-earth element- was discovered in a Swedish village, this is not all that surprising.", ">\n\nI feel like I'm in a Dr Seuss science class", ">\n\nMmm, green eggs and yttribrebiumxcjasdfjhjkl", ">\n\nCheers I'm sat by myself in a hotel restaurant and just laughed out maniacally. Earned some very odd looks", ">\n\nWell now they have a reason to rush their nato membership, before someone declares this Russian", ">\n\nIt's Turkey holding it up, they're trying to blackmail Sweden and Finland into declaring anyone they don't like terrorists. They also don't seem to get the concept of an independent judiciary, as they're also demanding the Swedish government extradite a few journalists and kurds - which isn't really up to the government, even if they wanted to do it.", ">\n\nHungary hasn’t ratified it yet either", ">\n\nHungary can go eat a bag of dicks and watch themselves become part of the CCCPv2.0. Turkey has actual strategic value given its location spanning Europe and Asia, as well as a respectable military.", ">\n\nFinland and Sweden for Hungary is a no-brainer.", ">\n\n[Heyman] NATO has acquired Finland and Sweden in exchange for Hungary and a Baltic state to be named later. Deal is pending physical.", ">\n\n\n[Heyman] NATO has acquired Finland and Sweden in exchange for Hungary and a Baltic state to be named later. Deal is pending physical.\n\nCarlos Correa in a NATO uniform on the front page of ESPN tomorrow?", ">\n\nAren't there like 5 elements isolated from the samples of a single mine?" ]
> What are the reasons that it's all pretty much located there? I mean good for Sweden but I want some too? ;/ oh well guess I'll just live my life without any rare earth elements then.
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip", ">\n\nOk, Denmark.", ">\n\nThey call it that in the UK too apparently.", ">\n\nSwedish geologist here who can provide a bit of context to this. As it happens my main field is rare earth elements (REE), and their formation within these types of ores that they are talking about. I have no connection to LKAB, the state owned mining firm that announced the discovery. \nWhile they are hailing this as a deposit of REEs what it most likely is is a greenwashing by the Swedish state, and LKAB to more easily sell the public on more iron mining, as this is really just yet another iron ore that happens to have a high content of REE. Shockingly high to be honest, almost enough to make me a bit skeptical that they hadn’t misplaced a decimal in the press release. \nThe major iron ore deposits that are mined in the Kiruna area, Kirunavaara, Malmberget and so on are what are known as iron-oxide apatite deposits. These occur in other places in Sweden, including central Sweden, Grängesberg, Blötberget to name a couple, and in the world. They are rich in, well, iron, as well as the mineral apatite, which containes abundant phosphorus. Phosphate minerals like apatite have a habit of acting as sort of a vacuum for REEs, enriching them in thes iron ores. These deposits also contain other REE minerals, xenotime, monazite, allanite.\nNow why do I suggest that this is greenwashing? Well REEs are a hot topic right now due to being metals that are critical in transitioning to green technology, as well as other high tech uses. \nThe currently mined iron oxide apatite mines up right next door to this new ore body also are rich in REE. Not as rich, but they come out to be about 0.07 percent on average in these ores, but the sheer volume of ore means that the potential tonnage is high. But they aren't hailed in the media as a harbinger of European REE independance. \nNow, apatite and its phosphorus is not wanted in iron, so when the iron ore is crushed and enriched on site, it produces a waste sand known as tailings, which are then dumped in ponds near to the mine. The tailings are enriched in the apatite and other REE rich minerals, as the iron has been taken out. \nJust the tailings pond in Kiruna, which amount to 76 million tonnes of tailings (as of 2019) have been measured to contain 0.12% REE. Pretty close to what is reported from this new deposit. Combined with other tailings repositories in the area, it is potentially hundreds of thousands of tonnes of REE just sitting there, ready to go more or less, already mined and crushed. They could easily be exploiting that resource if they were serious about REE production. To be fair, there are projects working on it, but it is still small scale pilot projects.\nBut they don't get splashy international headlines because like I said, I doubt this is really about them hot to mine REE. It is because they want to get at the easy to extract, easy to process iron fast, so the Swedish government makes a big announcement, to sell this as an REE deposit and try and get mining it faster, and wrapping it up in a big green bow to try and make the environmentalists and the Sami keep quiet.", ">\n\n\ntry and make the Sami keep quiet. \n\nA time honoured Swedish tradition.", ">\n\nWhat is the Sami?", ">\n\nThey are the original indigenous people of the far north of Fennoscandia, inhabiting the northern parts of Norway, Sweden and Finland. Culturally and linguistically they are somewhat related to the Finns, but were traditionally nomadic. They were displaced north progressively by the Germanic Scandinavians and Christian Finns from the south, and then starting in the 1800s they suffered a similar kind of treatment as indigenous people in other parts of the world, including discrimination, forced assimilation practices and attempts to erase their cultures and languages.\nToday they are recognised as the indigenous people of the north and have some autonomy and protection, but there is a long history in Sweden and the other Nordic countries of ignoring and mistreating them. That is what OP was referring to. The Sami lands are rich in many minerals, and also are home to a lot of hydroelectric capacity, and that means that their lands have suffered negatively from an environmental perspective despite their opposition.", ">\n\n\noriginal indigenous people \n\nvery far from, komsa culture is more than 8000 years before, they are indigenous because they were inhabitants before the countries were officially countries", ">\n\nThe Sami settled from the East, Bronze Age swedes from the South. They were mixed for many centuries, with the \"forest Sami\" living as far South as Dalarna. The Sami would have a nomadic or semi-nomadic culture not far from settled farmers. Meanwhile, the southern Swedes settled the Baltic Sea coast quite early on, even pretty far up north. The area around e.g. Kiruna was colonized later in a more intentional way.", ">\n\nyes, but komsa people settled north of samis/kvens before that", ">\n\n\nArchaeological evidence indicates that the Komsa culture was almost exclusively sea-oriented, living mainly off seal hunting and being able boat-builders and fishermen.\n\nAlso, they lived along the Norwegian coast, so they didn't really have contact with the farmers who came later.", ">\n\nBad news for China, good news for world balance.", ">\n\nAgreed. You have to deal with the Thorium and Uranium content in many of the ores, not to mention all the other toxic waste produced separating the different rare earth oxides. The reason why China dominates the processing of the ores is because, it frankly does not care as much about toxicity/radioactivity/environment. Also the 8 or so major rare earth processing companies in China have some state ownership and are heavily subsidized (China considers rare earths to be a national security issue). As such, Chinese rare earth producers can undercut almost all others when it comes to the price of the oxides and pure metals. I doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China. Whether they can make the money from selling the ore really boils down to the type of rare earths found in the deposit. The largest rare earth miner in the US (out West) still has not turned a profit.", ">\n\n\nI doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China.\n\nWe are actually. More specifically, LKAB is planning to do so in Norway, in partnership with Norwegian company Reetec. There's also plans to do some processing in a new industrial park in north Sweden near this mine. Here's an article in Swedish about it.", ">\n\nWell then Kudos to Sweden and Norway! Well done! I wish the US government had the courage to do what is necessary for US miners.", ">\n\nThey already did. They are restoring Mountain Pass Mine (an huge deposit) on government dime/US environment. \nIt is likely only to be used for military use however, ensuring we got proper amount of RE for bombs if we go to war with China. \nIt isn't gonna make your Iphone cheaper :)", ">\n\n> It isn't gonna make your Iphone cheaper :) \nIt might. If the US military is buying less rare earths on the international market then that reduces the demand on that source.", ">\n\nthat indirect reduction in materials cost will not translate into savings for you", ">\n\nYeah. Bidens release of strategic petroleum didn't lessen the prices OR make a profit. Nothing matters, give your money to Lrrr.\nEdit: god fukin dammit here ya go: /s. \nCan you not find an obscure Futurama reference as enough of a \"/s\"?", ">\n\nUh, the US made billions off those sales, because they were selling oil for $97 that was bought for a whole lot less than that. Now that prices are down in the $70s they're starting to buy it back. Buy low, sell high, that's sort of how it is supposed to work, right?", ">\n\nGiven that Yttrium - a rare-earth element- was discovered in a Swedish village, this is not all that surprising.", ">\n\nI feel like I'm in a Dr Seuss science class", ">\n\nMmm, green eggs and yttribrebiumxcjasdfjhjkl", ">\n\nCheers I'm sat by myself in a hotel restaurant and just laughed out maniacally. Earned some very odd looks", ">\n\nWell now they have a reason to rush their nato membership, before someone declares this Russian", ">\n\nIt's Turkey holding it up, they're trying to blackmail Sweden and Finland into declaring anyone they don't like terrorists. They also don't seem to get the concept of an independent judiciary, as they're also demanding the Swedish government extradite a few journalists and kurds - which isn't really up to the government, even if they wanted to do it.", ">\n\nHungary hasn’t ratified it yet either", ">\n\nHungary can go eat a bag of dicks and watch themselves become part of the CCCPv2.0. Turkey has actual strategic value given its location spanning Europe and Asia, as well as a respectable military.", ">\n\nFinland and Sweden for Hungary is a no-brainer.", ">\n\n[Heyman] NATO has acquired Finland and Sweden in exchange for Hungary and a Baltic state to be named later. Deal is pending physical.", ">\n\n\n[Heyman] NATO has acquired Finland and Sweden in exchange for Hungary and a Baltic state to be named later. Deal is pending physical.\n\nCarlos Correa in a NATO uniform on the front page of ESPN tomorrow?", ">\n\nAren't there like 5 elements isolated from the samples of a single mine?", ">\n\n9 elements actually. 4 of them are named after the town Ytterby. Yttrium, Ytterbium, Terbium, Erbium, Holmium, Skandium, Tulium, Gadolinium, Tantalum*." ]
> Well it's not that they only exist there, that's just where they were discovered for the first time. The reason it's so many different ones is because of how they naturally occur in the first place. If you find one of them, you're very likely to find most of the others in the mix as well. That's why you always see them referred to by the group name and not by their individual names.
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip", ">\n\nOk, Denmark.", ">\n\nThey call it that in the UK too apparently.", ">\n\nSwedish geologist here who can provide a bit of context to this. As it happens my main field is rare earth elements (REE), and their formation within these types of ores that they are talking about. I have no connection to LKAB, the state owned mining firm that announced the discovery. \nWhile they are hailing this as a deposit of REEs what it most likely is is a greenwashing by the Swedish state, and LKAB to more easily sell the public on more iron mining, as this is really just yet another iron ore that happens to have a high content of REE. Shockingly high to be honest, almost enough to make me a bit skeptical that they hadn’t misplaced a decimal in the press release. \nThe major iron ore deposits that are mined in the Kiruna area, Kirunavaara, Malmberget and so on are what are known as iron-oxide apatite deposits. These occur in other places in Sweden, including central Sweden, Grängesberg, Blötberget to name a couple, and in the world. They are rich in, well, iron, as well as the mineral apatite, which containes abundant phosphorus. Phosphate minerals like apatite have a habit of acting as sort of a vacuum for REEs, enriching them in thes iron ores. These deposits also contain other REE minerals, xenotime, monazite, allanite.\nNow why do I suggest that this is greenwashing? Well REEs are a hot topic right now due to being metals that are critical in transitioning to green technology, as well as other high tech uses. \nThe currently mined iron oxide apatite mines up right next door to this new ore body also are rich in REE. Not as rich, but they come out to be about 0.07 percent on average in these ores, but the sheer volume of ore means that the potential tonnage is high. But they aren't hailed in the media as a harbinger of European REE independance. \nNow, apatite and its phosphorus is not wanted in iron, so when the iron ore is crushed and enriched on site, it produces a waste sand known as tailings, which are then dumped in ponds near to the mine. The tailings are enriched in the apatite and other REE rich minerals, as the iron has been taken out. \nJust the tailings pond in Kiruna, which amount to 76 million tonnes of tailings (as of 2019) have been measured to contain 0.12% REE. Pretty close to what is reported from this new deposit. Combined with other tailings repositories in the area, it is potentially hundreds of thousands of tonnes of REE just sitting there, ready to go more or less, already mined and crushed. They could easily be exploiting that resource if they were serious about REE production. To be fair, there are projects working on it, but it is still small scale pilot projects.\nBut they don't get splashy international headlines because like I said, I doubt this is really about them hot to mine REE. It is because they want to get at the easy to extract, easy to process iron fast, so the Swedish government makes a big announcement, to sell this as an REE deposit and try and get mining it faster, and wrapping it up in a big green bow to try and make the environmentalists and the Sami keep quiet.", ">\n\n\ntry and make the Sami keep quiet. \n\nA time honoured Swedish tradition.", ">\n\nWhat is the Sami?", ">\n\nThey are the original indigenous people of the far north of Fennoscandia, inhabiting the northern parts of Norway, Sweden and Finland. Culturally and linguistically they are somewhat related to the Finns, but were traditionally nomadic. They were displaced north progressively by the Germanic Scandinavians and Christian Finns from the south, and then starting in the 1800s they suffered a similar kind of treatment as indigenous people in other parts of the world, including discrimination, forced assimilation practices and attempts to erase their cultures and languages.\nToday they are recognised as the indigenous people of the north and have some autonomy and protection, but there is a long history in Sweden and the other Nordic countries of ignoring and mistreating them. That is what OP was referring to. The Sami lands are rich in many minerals, and also are home to a lot of hydroelectric capacity, and that means that their lands have suffered negatively from an environmental perspective despite their opposition.", ">\n\n\noriginal indigenous people \n\nvery far from, komsa culture is more than 8000 years before, they are indigenous because they were inhabitants before the countries were officially countries", ">\n\nThe Sami settled from the East, Bronze Age swedes from the South. They were mixed for many centuries, with the \"forest Sami\" living as far South as Dalarna. The Sami would have a nomadic or semi-nomadic culture not far from settled farmers. Meanwhile, the southern Swedes settled the Baltic Sea coast quite early on, even pretty far up north. The area around e.g. Kiruna was colonized later in a more intentional way.", ">\n\nyes, but komsa people settled north of samis/kvens before that", ">\n\n\nArchaeological evidence indicates that the Komsa culture was almost exclusively sea-oriented, living mainly off seal hunting and being able boat-builders and fishermen.\n\nAlso, they lived along the Norwegian coast, so they didn't really have contact with the farmers who came later.", ">\n\nBad news for China, good news for world balance.", ">\n\nAgreed. You have to deal with the Thorium and Uranium content in many of the ores, not to mention all the other toxic waste produced separating the different rare earth oxides. The reason why China dominates the processing of the ores is because, it frankly does not care as much about toxicity/radioactivity/environment. Also the 8 or so major rare earth processing companies in China have some state ownership and are heavily subsidized (China considers rare earths to be a national security issue). As such, Chinese rare earth producers can undercut almost all others when it comes to the price of the oxides and pure metals. I doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China. Whether they can make the money from selling the ore really boils down to the type of rare earths found in the deposit. The largest rare earth miner in the US (out West) still has not turned a profit.", ">\n\n\nI doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China.\n\nWe are actually. More specifically, LKAB is planning to do so in Norway, in partnership with Norwegian company Reetec. There's also plans to do some processing in a new industrial park in north Sweden near this mine. Here's an article in Swedish about it.", ">\n\nWell then Kudos to Sweden and Norway! Well done! I wish the US government had the courage to do what is necessary for US miners.", ">\n\nThey already did. They are restoring Mountain Pass Mine (an huge deposit) on government dime/US environment. \nIt is likely only to be used for military use however, ensuring we got proper amount of RE for bombs if we go to war with China. \nIt isn't gonna make your Iphone cheaper :)", ">\n\n> It isn't gonna make your Iphone cheaper :) \nIt might. If the US military is buying less rare earths on the international market then that reduces the demand on that source.", ">\n\nthat indirect reduction in materials cost will not translate into savings for you", ">\n\nYeah. Bidens release of strategic petroleum didn't lessen the prices OR make a profit. Nothing matters, give your money to Lrrr.\nEdit: god fukin dammit here ya go: /s. \nCan you not find an obscure Futurama reference as enough of a \"/s\"?", ">\n\nUh, the US made billions off those sales, because they were selling oil for $97 that was bought for a whole lot less than that. Now that prices are down in the $70s they're starting to buy it back. Buy low, sell high, that's sort of how it is supposed to work, right?", ">\n\nGiven that Yttrium - a rare-earth element- was discovered in a Swedish village, this is not all that surprising.", ">\n\nI feel like I'm in a Dr Seuss science class", ">\n\nMmm, green eggs and yttribrebiumxcjasdfjhjkl", ">\n\nCheers I'm sat by myself in a hotel restaurant and just laughed out maniacally. Earned some very odd looks", ">\n\nWell now they have a reason to rush their nato membership, before someone declares this Russian", ">\n\nIt's Turkey holding it up, they're trying to blackmail Sweden and Finland into declaring anyone they don't like terrorists. They also don't seem to get the concept of an independent judiciary, as they're also demanding the Swedish government extradite a few journalists and kurds - which isn't really up to the government, even if they wanted to do it.", ">\n\nHungary hasn’t ratified it yet either", ">\n\nHungary can go eat a bag of dicks and watch themselves become part of the CCCPv2.0. Turkey has actual strategic value given its location spanning Europe and Asia, as well as a respectable military.", ">\n\nFinland and Sweden for Hungary is a no-brainer.", ">\n\n[Heyman] NATO has acquired Finland and Sweden in exchange for Hungary and a Baltic state to be named later. Deal is pending physical.", ">\n\n\n[Heyman] NATO has acquired Finland and Sweden in exchange for Hungary and a Baltic state to be named later. Deal is pending physical.\n\nCarlos Correa in a NATO uniform on the front page of ESPN tomorrow?", ">\n\nAren't there like 5 elements isolated from the samples of a single mine?", ">\n\n9 elements actually. 4 of them are named after the town Ytterby. Yttrium, Ytterbium, Terbium, Erbium, Holmium, Skandium, Tulium, Gadolinium, Tantalum*.", ">\n\nWhat are the reasons that it's all pretty much located there? I mean good for Sweden but I want some too? ;/ oh well guess I'll just live my life without any rare earth elements then." ]
> Great insight thanks!
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip", ">\n\nOk, Denmark.", ">\n\nThey call it that in the UK too apparently.", ">\n\nSwedish geologist here who can provide a bit of context to this. As it happens my main field is rare earth elements (REE), and their formation within these types of ores that they are talking about. I have no connection to LKAB, the state owned mining firm that announced the discovery. \nWhile they are hailing this as a deposit of REEs what it most likely is is a greenwashing by the Swedish state, and LKAB to more easily sell the public on more iron mining, as this is really just yet another iron ore that happens to have a high content of REE. Shockingly high to be honest, almost enough to make me a bit skeptical that they hadn’t misplaced a decimal in the press release. \nThe major iron ore deposits that are mined in the Kiruna area, Kirunavaara, Malmberget and so on are what are known as iron-oxide apatite deposits. These occur in other places in Sweden, including central Sweden, Grängesberg, Blötberget to name a couple, and in the world. They are rich in, well, iron, as well as the mineral apatite, which containes abundant phosphorus. Phosphate minerals like apatite have a habit of acting as sort of a vacuum for REEs, enriching them in thes iron ores. These deposits also contain other REE minerals, xenotime, monazite, allanite.\nNow why do I suggest that this is greenwashing? Well REEs are a hot topic right now due to being metals that are critical in transitioning to green technology, as well as other high tech uses. \nThe currently mined iron oxide apatite mines up right next door to this new ore body also are rich in REE. Not as rich, but they come out to be about 0.07 percent on average in these ores, but the sheer volume of ore means that the potential tonnage is high. But they aren't hailed in the media as a harbinger of European REE independance. \nNow, apatite and its phosphorus is not wanted in iron, so when the iron ore is crushed and enriched on site, it produces a waste sand known as tailings, which are then dumped in ponds near to the mine. The tailings are enriched in the apatite and other REE rich minerals, as the iron has been taken out. \nJust the tailings pond in Kiruna, which amount to 76 million tonnes of tailings (as of 2019) have been measured to contain 0.12% REE. Pretty close to what is reported from this new deposit. Combined with other tailings repositories in the area, it is potentially hundreds of thousands of tonnes of REE just sitting there, ready to go more or less, already mined and crushed. They could easily be exploiting that resource if they were serious about REE production. To be fair, there are projects working on it, but it is still small scale pilot projects.\nBut they don't get splashy international headlines because like I said, I doubt this is really about them hot to mine REE. It is because they want to get at the easy to extract, easy to process iron fast, so the Swedish government makes a big announcement, to sell this as an REE deposit and try and get mining it faster, and wrapping it up in a big green bow to try and make the environmentalists and the Sami keep quiet.", ">\n\n\ntry and make the Sami keep quiet. \n\nA time honoured Swedish tradition.", ">\n\nWhat is the Sami?", ">\n\nThey are the original indigenous people of the far north of Fennoscandia, inhabiting the northern parts of Norway, Sweden and Finland. Culturally and linguistically they are somewhat related to the Finns, but were traditionally nomadic. They were displaced north progressively by the Germanic Scandinavians and Christian Finns from the south, and then starting in the 1800s they suffered a similar kind of treatment as indigenous people in other parts of the world, including discrimination, forced assimilation practices and attempts to erase their cultures and languages.\nToday they are recognised as the indigenous people of the north and have some autonomy and protection, but there is a long history in Sweden and the other Nordic countries of ignoring and mistreating them. That is what OP was referring to. The Sami lands are rich in many minerals, and also are home to a lot of hydroelectric capacity, and that means that their lands have suffered negatively from an environmental perspective despite their opposition.", ">\n\n\noriginal indigenous people \n\nvery far from, komsa culture is more than 8000 years before, they are indigenous because they were inhabitants before the countries were officially countries", ">\n\nThe Sami settled from the East, Bronze Age swedes from the South. They were mixed for many centuries, with the \"forest Sami\" living as far South as Dalarna. The Sami would have a nomadic or semi-nomadic culture not far from settled farmers. Meanwhile, the southern Swedes settled the Baltic Sea coast quite early on, even pretty far up north. The area around e.g. Kiruna was colonized later in a more intentional way.", ">\n\nyes, but komsa people settled north of samis/kvens before that", ">\n\n\nArchaeological evidence indicates that the Komsa culture was almost exclusively sea-oriented, living mainly off seal hunting and being able boat-builders and fishermen.\n\nAlso, they lived along the Norwegian coast, so they didn't really have contact with the farmers who came later.", ">\n\nBad news for China, good news for world balance.", ">\n\nAgreed. You have to deal with the Thorium and Uranium content in many of the ores, not to mention all the other toxic waste produced separating the different rare earth oxides. The reason why China dominates the processing of the ores is because, it frankly does not care as much about toxicity/radioactivity/environment. Also the 8 or so major rare earth processing companies in China have some state ownership and are heavily subsidized (China considers rare earths to be a national security issue). As such, Chinese rare earth producers can undercut almost all others when it comes to the price of the oxides and pure metals. I doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China. Whether they can make the money from selling the ore really boils down to the type of rare earths found in the deposit. The largest rare earth miner in the US (out West) still has not turned a profit.", ">\n\n\nI doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China.\n\nWe are actually. More specifically, LKAB is planning to do so in Norway, in partnership with Norwegian company Reetec. There's also plans to do some processing in a new industrial park in north Sweden near this mine. Here's an article in Swedish about it.", ">\n\nWell then Kudos to Sweden and Norway! Well done! I wish the US government had the courage to do what is necessary for US miners.", ">\n\nThey already did. They are restoring Mountain Pass Mine (an huge deposit) on government dime/US environment. \nIt is likely only to be used for military use however, ensuring we got proper amount of RE for bombs if we go to war with China. \nIt isn't gonna make your Iphone cheaper :)", ">\n\n> It isn't gonna make your Iphone cheaper :) \nIt might. If the US military is buying less rare earths on the international market then that reduces the demand on that source.", ">\n\nthat indirect reduction in materials cost will not translate into savings for you", ">\n\nYeah. Bidens release of strategic petroleum didn't lessen the prices OR make a profit. Nothing matters, give your money to Lrrr.\nEdit: god fukin dammit here ya go: /s. \nCan you not find an obscure Futurama reference as enough of a \"/s\"?", ">\n\nUh, the US made billions off those sales, because they were selling oil for $97 that was bought for a whole lot less than that. Now that prices are down in the $70s they're starting to buy it back. Buy low, sell high, that's sort of how it is supposed to work, right?", ">\n\nGiven that Yttrium - a rare-earth element- was discovered in a Swedish village, this is not all that surprising.", ">\n\nI feel like I'm in a Dr Seuss science class", ">\n\nMmm, green eggs and yttribrebiumxcjasdfjhjkl", ">\n\nCheers I'm sat by myself in a hotel restaurant and just laughed out maniacally. Earned some very odd looks", ">\n\nWell now they have a reason to rush their nato membership, before someone declares this Russian", ">\n\nIt's Turkey holding it up, they're trying to blackmail Sweden and Finland into declaring anyone they don't like terrorists. They also don't seem to get the concept of an independent judiciary, as they're also demanding the Swedish government extradite a few journalists and kurds - which isn't really up to the government, even if they wanted to do it.", ">\n\nHungary hasn’t ratified it yet either", ">\n\nHungary can go eat a bag of dicks and watch themselves become part of the CCCPv2.0. Turkey has actual strategic value given its location spanning Europe and Asia, as well as a respectable military.", ">\n\nFinland and Sweden for Hungary is a no-brainer.", ">\n\n[Heyman] NATO has acquired Finland and Sweden in exchange for Hungary and a Baltic state to be named later. Deal is pending physical.", ">\n\n\n[Heyman] NATO has acquired Finland and Sweden in exchange for Hungary and a Baltic state to be named later. Deal is pending physical.\n\nCarlos Correa in a NATO uniform on the front page of ESPN tomorrow?", ">\n\nAren't there like 5 elements isolated from the samples of a single mine?", ">\n\n9 elements actually. 4 of them are named after the town Ytterby. Yttrium, Ytterbium, Terbium, Erbium, Holmium, Skandium, Tulium, Gadolinium, Tantalum*.", ">\n\nWhat are the reasons that it's all pretty much located there? I mean good for Sweden but I want some too? ;/ oh well guess I'll just live my life without any rare earth elements then.", ">\n\nWell it's not that they only exist there, that's just where they were discovered for the first time. The reason it's so many different ones is because of how they naturally occur in the first place. If you find one of them, you're very likely to find most of the others in the mix as well. That's why you always see them referred to by the group name and not by their individual names." ]
> Also worth noting that Sweden "just" went from being a major empire, to an age of liberty and science, to fight on the winning side of the Napoleonic wars, and starting even more science. And then, when everyone else was fighting 2 world wars, Sweden was just sitting there, playing with it's rocks. It really is notable how much Sweden with a population of today only 10 million, has contributed so much to science. But Sweden was simply more of a power back in the day. Also worth noting that it was one guy who proved a lot of these elements.
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip", ">\n\nOk, Denmark.", ">\n\nThey call it that in the UK too apparently.", ">\n\nSwedish geologist here who can provide a bit of context to this. As it happens my main field is rare earth elements (REE), and their formation within these types of ores that they are talking about. I have no connection to LKAB, the state owned mining firm that announced the discovery. \nWhile they are hailing this as a deposit of REEs what it most likely is is a greenwashing by the Swedish state, and LKAB to more easily sell the public on more iron mining, as this is really just yet another iron ore that happens to have a high content of REE. Shockingly high to be honest, almost enough to make me a bit skeptical that they hadn’t misplaced a decimal in the press release. \nThe major iron ore deposits that are mined in the Kiruna area, Kirunavaara, Malmberget and so on are what are known as iron-oxide apatite deposits. These occur in other places in Sweden, including central Sweden, Grängesberg, Blötberget to name a couple, and in the world. They are rich in, well, iron, as well as the mineral apatite, which containes abundant phosphorus. Phosphate minerals like apatite have a habit of acting as sort of a vacuum for REEs, enriching them in thes iron ores. These deposits also contain other REE minerals, xenotime, monazite, allanite.\nNow why do I suggest that this is greenwashing? Well REEs are a hot topic right now due to being metals that are critical in transitioning to green technology, as well as other high tech uses. \nThe currently mined iron oxide apatite mines up right next door to this new ore body also are rich in REE. Not as rich, but they come out to be about 0.07 percent on average in these ores, but the sheer volume of ore means that the potential tonnage is high. But they aren't hailed in the media as a harbinger of European REE independance. \nNow, apatite and its phosphorus is not wanted in iron, so when the iron ore is crushed and enriched on site, it produces a waste sand known as tailings, which are then dumped in ponds near to the mine. The tailings are enriched in the apatite and other REE rich minerals, as the iron has been taken out. \nJust the tailings pond in Kiruna, which amount to 76 million tonnes of tailings (as of 2019) have been measured to contain 0.12% REE. Pretty close to what is reported from this new deposit. Combined with other tailings repositories in the area, it is potentially hundreds of thousands of tonnes of REE just sitting there, ready to go more or less, already mined and crushed. They could easily be exploiting that resource if they were serious about REE production. To be fair, there are projects working on it, but it is still small scale pilot projects.\nBut they don't get splashy international headlines because like I said, I doubt this is really about them hot to mine REE. It is because they want to get at the easy to extract, easy to process iron fast, so the Swedish government makes a big announcement, to sell this as an REE deposit and try and get mining it faster, and wrapping it up in a big green bow to try and make the environmentalists and the Sami keep quiet.", ">\n\n\ntry and make the Sami keep quiet. \n\nA time honoured Swedish tradition.", ">\n\nWhat is the Sami?", ">\n\nThey are the original indigenous people of the far north of Fennoscandia, inhabiting the northern parts of Norway, Sweden and Finland. Culturally and linguistically they are somewhat related to the Finns, but were traditionally nomadic. They were displaced north progressively by the Germanic Scandinavians and Christian Finns from the south, and then starting in the 1800s they suffered a similar kind of treatment as indigenous people in other parts of the world, including discrimination, forced assimilation practices and attempts to erase their cultures and languages.\nToday they are recognised as the indigenous people of the north and have some autonomy and protection, but there is a long history in Sweden and the other Nordic countries of ignoring and mistreating them. That is what OP was referring to. The Sami lands are rich in many minerals, and also are home to a lot of hydroelectric capacity, and that means that their lands have suffered negatively from an environmental perspective despite their opposition.", ">\n\n\noriginal indigenous people \n\nvery far from, komsa culture is more than 8000 years before, they are indigenous because they were inhabitants before the countries were officially countries", ">\n\nThe Sami settled from the East, Bronze Age swedes from the South. They were mixed for many centuries, with the \"forest Sami\" living as far South as Dalarna. The Sami would have a nomadic or semi-nomadic culture not far from settled farmers. Meanwhile, the southern Swedes settled the Baltic Sea coast quite early on, even pretty far up north. The area around e.g. Kiruna was colonized later in a more intentional way.", ">\n\nyes, but komsa people settled north of samis/kvens before that", ">\n\n\nArchaeological evidence indicates that the Komsa culture was almost exclusively sea-oriented, living mainly off seal hunting and being able boat-builders and fishermen.\n\nAlso, they lived along the Norwegian coast, so they didn't really have contact with the farmers who came later.", ">\n\nBad news for China, good news for world balance.", ">\n\nAgreed. You have to deal with the Thorium and Uranium content in many of the ores, not to mention all the other toxic waste produced separating the different rare earth oxides. The reason why China dominates the processing of the ores is because, it frankly does not care as much about toxicity/radioactivity/environment. Also the 8 or so major rare earth processing companies in China have some state ownership and are heavily subsidized (China considers rare earths to be a national security issue). As such, Chinese rare earth producers can undercut almost all others when it comes to the price of the oxides and pure metals. I doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China. Whether they can make the money from selling the ore really boils down to the type of rare earths found in the deposit. The largest rare earth miner in the US (out West) still has not turned a profit.", ">\n\n\nI doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China.\n\nWe are actually. More specifically, LKAB is planning to do so in Norway, in partnership with Norwegian company Reetec. There's also plans to do some processing in a new industrial park in north Sweden near this mine. Here's an article in Swedish about it.", ">\n\nWell then Kudos to Sweden and Norway! Well done! I wish the US government had the courage to do what is necessary for US miners.", ">\n\nThey already did. They are restoring Mountain Pass Mine (an huge deposit) on government dime/US environment. \nIt is likely only to be used for military use however, ensuring we got proper amount of RE for bombs if we go to war with China. \nIt isn't gonna make your Iphone cheaper :)", ">\n\n> It isn't gonna make your Iphone cheaper :) \nIt might. If the US military is buying less rare earths on the international market then that reduces the demand on that source.", ">\n\nthat indirect reduction in materials cost will not translate into savings for you", ">\n\nYeah. Bidens release of strategic petroleum didn't lessen the prices OR make a profit. Nothing matters, give your money to Lrrr.\nEdit: god fukin dammit here ya go: /s. \nCan you not find an obscure Futurama reference as enough of a \"/s\"?", ">\n\nUh, the US made billions off those sales, because they were selling oil for $97 that was bought for a whole lot less than that. Now that prices are down in the $70s they're starting to buy it back. Buy low, sell high, that's sort of how it is supposed to work, right?", ">\n\nGiven that Yttrium - a rare-earth element- was discovered in a Swedish village, this is not all that surprising.", ">\n\nI feel like I'm in a Dr Seuss science class", ">\n\nMmm, green eggs and yttribrebiumxcjasdfjhjkl", ">\n\nCheers I'm sat by myself in a hotel restaurant and just laughed out maniacally. Earned some very odd looks", ">\n\nWell now they have a reason to rush their nato membership, before someone declares this Russian", ">\n\nIt's Turkey holding it up, they're trying to blackmail Sweden and Finland into declaring anyone they don't like terrorists. They also don't seem to get the concept of an independent judiciary, as they're also demanding the Swedish government extradite a few journalists and kurds - which isn't really up to the government, even if they wanted to do it.", ">\n\nHungary hasn’t ratified it yet either", ">\n\nHungary can go eat a bag of dicks and watch themselves become part of the CCCPv2.0. Turkey has actual strategic value given its location spanning Europe and Asia, as well as a respectable military.", ">\n\nFinland and Sweden for Hungary is a no-brainer.", ">\n\n[Heyman] NATO has acquired Finland and Sweden in exchange for Hungary and a Baltic state to be named later. Deal is pending physical.", ">\n\n\n[Heyman] NATO has acquired Finland and Sweden in exchange for Hungary and a Baltic state to be named later. Deal is pending physical.\n\nCarlos Correa in a NATO uniform on the front page of ESPN tomorrow?", ">\n\nAren't there like 5 elements isolated from the samples of a single mine?", ">\n\n9 elements actually. 4 of them are named after the town Ytterby. Yttrium, Ytterbium, Terbium, Erbium, Holmium, Skandium, Tulium, Gadolinium, Tantalum*.", ">\n\nWhat are the reasons that it's all pretty much located there? I mean good for Sweden but I want some too? ;/ oh well guess I'll just live my life without any rare earth elements then.", ">\n\nWell it's not that they only exist there, that's just where they were discovered for the first time. The reason it's so many different ones is because of how they naturally occur in the first place. If you find one of them, you're very likely to find most of the others in the mix as well. That's why you always see them referred to by the group name and not by their individual names.", ">\n\nGreat insight thanks!" ]
> Entire planet has been bombarded by asteroids and comets it’s likely many places have these. It’s the environmental cost of extracting them being the issue.
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip", ">\n\nOk, Denmark.", ">\n\nThey call it that in the UK too apparently.", ">\n\nSwedish geologist here who can provide a bit of context to this. As it happens my main field is rare earth elements (REE), and their formation within these types of ores that they are talking about. I have no connection to LKAB, the state owned mining firm that announced the discovery. \nWhile they are hailing this as a deposit of REEs what it most likely is is a greenwashing by the Swedish state, and LKAB to more easily sell the public on more iron mining, as this is really just yet another iron ore that happens to have a high content of REE. Shockingly high to be honest, almost enough to make me a bit skeptical that they hadn’t misplaced a decimal in the press release. \nThe major iron ore deposits that are mined in the Kiruna area, Kirunavaara, Malmberget and so on are what are known as iron-oxide apatite deposits. These occur in other places in Sweden, including central Sweden, Grängesberg, Blötberget to name a couple, and in the world. They are rich in, well, iron, as well as the mineral apatite, which containes abundant phosphorus. Phosphate minerals like apatite have a habit of acting as sort of a vacuum for REEs, enriching them in thes iron ores. These deposits also contain other REE minerals, xenotime, monazite, allanite.\nNow why do I suggest that this is greenwashing? Well REEs are a hot topic right now due to being metals that are critical in transitioning to green technology, as well as other high tech uses. \nThe currently mined iron oxide apatite mines up right next door to this new ore body also are rich in REE. Not as rich, but they come out to be about 0.07 percent on average in these ores, but the sheer volume of ore means that the potential tonnage is high. But they aren't hailed in the media as a harbinger of European REE independance. \nNow, apatite and its phosphorus is not wanted in iron, so when the iron ore is crushed and enriched on site, it produces a waste sand known as tailings, which are then dumped in ponds near to the mine. The tailings are enriched in the apatite and other REE rich minerals, as the iron has been taken out. \nJust the tailings pond in Kiruna, which amount to 76 million tonnes of tailings (as of 2019) have been measured to contain 0.12% REE. Pretty close to what is reported from this new deposit. Combined with other tailings repositories in the area, it is potentially hundreds of thousands of tonnes of REE just sitting there, ready to go more or less, already mined and crushed. They could easily be exploiting that resource if they were serious about REE production. To be fair, there are projects working on it, but it is still small scale pilot projects.\nBut they don't get splashy international headlines because like I said, I doubt this is really about them hot to mine REE. It is because they want to get at the easy to extract, easy to process iron fast, so the Swedish government makes a big announcement, to sell this as an REE deposit and try and get mining it faster, and wrapping it up in a big green bow to try and make the environmentalists and the Sami keep quiet.", ">\n\n\ntry and make the Sami keep quiet. \n\nA time honoured Swedish tradition.", ">\n\nWhat is the Sami?", ">\n\nThey are the original indigenous people of the far north of Fennoscandia, inhabiting the northern parts of Norway, Sweden and Finland. Culturally and linguistically they are somewhat related to the Finns, but were traditionally nomadic. They were displaced north progressively by the Germanic Scandinavians and Christian Finns from the south, and then starting in the 1800s they suffered a similar kind of treatment as indigenous people in other parts of the world, including discrimination, forced assimilation practices and attempts to erase their cultures and languages.\nToday they are recognised as the indigenous people of the north and have some autonomy and protection, but there is a long history in Sweden and the other Nordic countries of ignoring and mistreating them. That is what OP was referring to. The Sami lands are rich in many minerals, and also are home to a lot of hydroelectric capacity, and that means that their lands have suffered negatively from an environmental perspective despite their opposition.", ">\n\n\noriginal indigenous people \n\nvery far from, komsa culture is more than 8000 years before, they are indigenous because they were inhabitants before the countries were officially countries", ">\n\nThe Sami settled from the East, Bronze Age swedes from the South. They were mixed for many centuries, with the \"forest Sami\" living as far South as Dalarna. The Sami would have a nomadic or semi-nomadic culture not far from settled farmers. Meanwhile, the southern Swedes settled the Baltic Sea coast quite early on, even pretty far up north. The area around e.g. Kiruna was colonized later in a more intentional way.", ">\n\nyes, but komsa people settled north of samis/kvens before that", ">\n\n\nArchaeological evidence indicates that the Komsa culture was almost exclusively sea-oriented, living mainly off seal hunting and being able boat-builders and fishermen.\n\nAlso, they lived along the Norwegian coast, so they didn't really have contact with the farmers who came later.", ">\n\nBad news for China, good news for world balance.", ">\n\nAgreed. You have to deal with the Thorium and Uranium content in many of the ores, not to mention all the other toxic waste produced separating the different rare earth oxides. The reason why China dominates the processing of the ores is because, it frankly does not care as much about toxicity/radioactivity/environment. Also the 8 or so major rare earth processing companies in China have some state ownership and are heavily subsidized (China considers rare earths to be a national security issue). As such, Chinese rare earth producers can undercut almost all others when it comes to the price of the oxides and pure metals. I doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China. Whether they can make the money from selling the ore really boils down to the type of rare earths found in the deposit. The largest rare earth miner in the US (out West) still has not turned a profit.", ">\n\n\nI doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China.\n\nWe are actually. More specifically, LKAB is planning to do so in Norway, in partnership with Norwegian company Reetec. There's also plans to do some processing in a new industrial park in north Sweden near this mine. Here's an article in Swedish about it.", ">\n\nWell then Kudos to Sweden and Norway! Well done! I wish the US government had the courage to do what is necessary for US miners.", ">\n\nThey already did. They are restoring Mountain Pass Mine (an huge deposit) on government dime/US environment. \nIt is likely only to be used for military use however, ensuring we got proper amount of RE for bombs if we go to war with China. \nIt isn't gonna make your Iphone cheaper :)", ">\n\n> It isn't gonna make your Iphone cheaper :) \nIt might. If the US military is buying less rare earths on the international market then that reduces the demand on that source.", ">\n\nthat indirect reduction in materials cost will not translate into savings for you", ">\n\nYeah. Bidens release of strategic petroleum didn't lessen the prices OR make a profit. Nothing matters, give your money to Lrrr.\nEdit: god fukin dammit here ya go: /s. \nCan you not find an obscure Futurama reference as enough of a \"/s\"?", ">\n\nUh, the US made billions off those sales, because they were selling oil for $97 that was bought for a whole lot less than that. Now that prices are down in the $70s they're starting to buy it back. Buy low, sell high, that's sort of how it is supposed to work, right?", ">\n\nGiven that Yttrium - a rare-earth element- was discovered in a Swedish village, this is not all that surprising.", ">\n\nI feel like I'm in a Dr Seuss science class", ">\n\nMmm, green eggs and yttribrebiumxcjasdfjhjkl", ">\n\nCheers I'm sat by myself in a hotel restaurant and just laughed out maniacally. Earned some very odd looks", ">\n\nWell now they have a reason to rush their nato membership, before someone declares this Russian", ">\n\nIt's Turkey holding it up, they're trying to blackmail Sweden and Finland into declaring anyone they don't like terrorists. They also don't seem to get the concept of an independent judiciary, as they're also demanding the Swedish government extradite a few journalists and kurds - which isn't really up to the government, even if they wanted to do it.", ">\n\nHungary hasn’t ratified it yet either", ">\n\nHungary can go eat a bag of dicks and watch themselves become part of the CCCPv2.0. Turkey has actual strategic value given its location spanning Europe and Asia, as well as a respectable military.", ">\n\nFinland and Sweden for Hungary is a no-brainer.", ">\n\n[Heyman] NATO has acquired Finland and Sweden in exchange for Hungary and a Baltic state to be named later. Deal is pending physical.", ">\n\n\n[Heyman] NATO has acquired Finland and Sweden in exchange for Hungary and a Baltic state to be named later. Deal is pending physical.\n\nCarlos Correa in a NATO uniform on the front page of ESPN tomorrow?", ">\n\nAren't there like 5 elements isolated from the samples of a single mine?", ">\n\n9 elements actually. 4 of them are named after the town Ytterby. Yttrium, Ytterbium, Terbium, Erbium, Holmium, Skandium, Tulium, Gadolinium, Tantalum*.", ">\n\nWhat are the reasons that it's all pretty much located there? I mean good for Sweden but I want some too? ;/ oh well guess I'll just live my life without any rare earth elements then.", ">\n\nWell it's not that they only exist there, that's just where they were discovered for the first time. The reason it's so many different ones is because of how they naturally occur in the first place. If you find one of them, you're very likely to find most of the others in the mix as well. That's why you always see them referred to by the group name and not by their individual names.", ">\n\nGreat insight thanks!", ">\n\nAlso worth noting that Sweden \"just\" went from being a major empire, to an age of liberty and science, to fight on the winning side of the Napoleonic wars, and starting even more science. And then, when everyone else was fighting 2 world wars, Sweden was just sitting there, playing with it's rocks. \nIt really is notable how much Sweden with a population of today only 10 million, has contributed so much to science. But Sweden was simply more of a power back in the day. \nAlso worth noting that it was one guy who proved a lot of these elements." ]
> That’s not how geology works. The entire surface of our planet has been reworked and recycled continuously since at least 500 million years after the late heavy bombardment. Where mineral deposits are now has to do with all of the geology that’s happened since then: plate tectonics, hot spot magmatism, weathering, etc.
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip", ">\n\nOk, Denmark.", ">\n\nThey call it that in the UK too apparently.", ">\n\nSwedish geologist here who can provide a bit of context to this. As it happens my main field is rare earth elements (REE), and their formation within these types of ores that they are talking about. I have no connection to LKAB, the state owned mining firm that announced the discovery. \nWhile they are hailing this as a deposit of REEs what it most likely is is a greenwashing by the Swedish state, and LKAB to more easily sell the public on more iron mining, as this is really just yet another iron ore that happens to have a high content of REE. Shockingly high to be honest, almost enough to make me a bit skeptical that they hadn’t misplaced a decimal in the press release. \nThe major iron ore deposits that are mined in the Kiruna area, Kirunavaara, Malmberget and so on are what are known as iron-oxide apatite deposits. These occur in other places in Sweden, including central Sweden, Grängesberg, Blötberget to name a couple, and in the world. They are rich in, well, iron, as well as the mineral apatite, which containes abundant phosphorus. Phosphate minerals like apatite have a habit of acting as sort of a vacuum for REEs, enriching them in thes iron ores. These deposits also contain other REE minerals, xenotime, monazite, allanite.\nNow why do I suggest that this is greenwashing? Well REEs are a hot topic right now due to being metals that are critical in transitioning to green technology, as well as other high tech uses. \nThe currently mined iron oxide apatite mines up right next door to this new ore body also are rich in REE. Not as rich, but they come out to be about 0.07 percent on average in these ores, but the sheer volume of ore means that the potential tonnage is high. But they aren't hailed in the media as a harbinger of European REE independance. \nNow, apatite and its phosphorus is not wanted in iron, so when the iron ore is crushed and enriched on site, it produces a waste sand known as tailings, which are then dumped in ponds near to the mine. The tailings are enriched in the apatite and other REE rich minerals, as the iron has been taken out. \nJust the tailings pond in Kiruna, which amount to 76 million tonnes of tailings (as of 2019) have been measured to contain 0.12% REE. Pretty close to what is reported from this new deposit. Combined with other tailings repositories in the area, it is potentially hundreds of thousands of tonnes of REE just sitting there, ready to go more or less, already mined and crushed. They could easily be exploiting that resource if they were serious about REE production. To be fair, there are projects working on it, but it is still small scale pilot projects.\nBut they don't get splashy international headlines because like I said, I doubt this is really about them hot to mine REE. It is because they want to get at the easy to extract, easy to process iron fast, so the Swedish government makes a big announcement, to sell this as an REE deposit and try and get mining it faster, and wrapping it up in a big green bow to try and make the environmentalists and the Sami keep quiet.", ">\n\n\ntry and make the Sami keep quiet. \n\nA time honoured Swedish tradition.", ">\n\nWhat is the Sami?", ">\n\nThey are the original indigenous people of the far north of Fennoscandia, inhabiting the northern parts of Norway, Sweden and Finland. Culturally and linguistically they are somewhat related to the Finns, but were traditionally nomadic. They were displaced north progressively by the Germanic Scandinavians and Christian Finns from the south, and then starting in the 1800s they suffered a similar kind of treatment as indigenous people in other parts of the world, including discrimination, forced assimilation practices and attempts to erase their cultures and languages.\nToday they are recognised as the indigenous people of the north and have some autonomy and protection, but there is a long history in Sweden and the other Nordic countries of ignoring and mistreating them. That is what OP was referring to. The Sami lands are rich in many minerals, and also are home to a lot of hydroelectric capacity, and that means that their lands have suffered negatively from an environmental perspective despite their opposition.", ">\n\n\noriginal indigenous people \n\nvery far from, komsa culture is more than 8000 years before, they are indigenous because they were inhabitants before the countries were officially countries", ">\n\nThe Sami settled from the East, Bronze Age swedes from the South. They were mixed for many centuries, with the \"forest Sami\" living as far South as Dalarna. The Sami would have a nomadic or semi-nomadic culture not far from settled farmers. Meanwhile, the southern Swedes settled the Baltic Sea coast quite early on, even pretty far up north. The area around e.g. Kiruna was colonized later in a more intentional way.", ">\n\nyes, but komsa people settled north of samis/kvens before that", ">\n\n\nArchaeological evidence indicates that the Komsa culture was almost exclusively sea-oriented, living mainly off seal hunting and being able boat-builders and fishermen.\n\nAlso, they lived along the Norwegian coast, so they didn't really have contact with the farmers who came later.", ">\n\nBad news for China, good news for world balance.", ">\n\nAgreed. You have to deal with the Thorium and Uranium content in many of the ores, not to mention all the other toxic waste produced separating the different rare earth oxides. The reason why China dominates the processing of the ores is because, it frankly does not care as much about toxicity/radioactivity/environment. Also the 8 or so major rare earth processing companies in China have some state ownership and are heavily subsidized (China considers rare earths to be a national security issue). As such, Chinese rare earth producers can undercut almost all others when it comes to the price of the oxides and pure metals. I doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China. Whether they can make the money from selling the ore really boils down to the type of rare earths found in the deposit. The largest rare earth miner in the US (out West) still has not turned a profit.", ">\n\n\nI doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China.\n\nWe are actually. More specifically, LKAB is planning to do so in Norway, in partnership with Norwegian company Reetec. There's also plans to do some processing in a new industrial park in north Sweden near this mine. Here's an article in Swedish about it.", ">\n\nWell then Kudos to Sweden and Norway! Well done! I wish the US government had the courage to do what is necessary for US miners.", ">\n\nThey already did. They are restoring Mountain Pass Mine (an huge deposit) on government dime/US environment. \nIt is likely only to be used for military use however, ensuring we got proper amount of RE for bombs if we go to war with China. \nIt isn't gonna make your Iphone cheaper :)", ">\n\n> It isn't gonna make your Iphone cheaper :) \nIt might. If the US military is buying less rare earths on the international market then that reduces the demand on that source.", ">\n\nthat indirect reduction in materials cost will not translate into savings for you", ">\n\nYeah. Bidens release of strategic petroleum didn't lessen the prices OR make a profit. Nothing matters, give your money to Lrrr.\nEdit: god fukin dammit here ya go: /s. \nCan you not find an obscure Futurama reference as enough of a \"/s\"?", ">\n\nUh, the US made billions off those sales, because they were selling oil for $97 that was bought for a whole lot less than that. Now that prices are down in the $70s they're starting to buy it back. Buy low, sell high, that's sort of how it is supposed to work, right?", ">\n\nGiven that Yttrium - a rare-earth element- was discovered in a Swedish village, this is not all that surprising.", ">\n\nI feel like I'm in a Dr Seuss science class", ">\n\nMmm, green eggs and yttribrebiumxcjasdfjhjkl", ">\n\nCheers I'm sat by myself in a hotel restaurant and just laughed out maniacally. Earned some very odd looks", ">\n\nWell now they have a reason to rush their nato membership, before someone declares this Russian", ">\n\nIt's Turkey holding it up, they're trying to blackmail Sweden and Finland into declaring anyone they don't like terrorists. They also don't seem to get the concept of an independent judiciary, as they're also demanding the Swedish government extradite a few journalists and kurds - which isn't really up to the government, even if they wanted to do it.", ">\n\nHungary hasn’t ratified it yet either", ">\n\nHungary can go eat a bag of dicks and watch themselves become part of the CCCPv2.0. Turkey has actual strategic value given its location spanning Europe and Asia, as well as a respectable military.", ">\n\nFinland and Sweden for Hungary is a no-brainer.", ">\n\n[Heyman] NATO has acquired Finland and Sweden in exchange for Hungary and a Baltic state to be named later. Deal is pending physical.", ">\n\n\n[Heyman] NATO has acquired Finland and Sweden in exchange for Hungary and a Baltic state to be named later. Deal is pending physical.\n\nCarlos Correa in a NATO uniform on the front page of ESPN tomorrow?", ">\n\nAren't there like 5 elements isolated from the samples of a single mine?", ">\n\n9 elements actually. 4 of them are named after the town Ytterby. Yttrium, Ytterbium, Terbium, Erbium, Holmium, Skandium, Tulium, Gadolinium, Tantalum*.", ">\n\nWhat are the reasons that it's all pretty much located there? I mean good for Sweden but I want some too? ;/ oh well guess I'll just live my life without any rare earth elements then.", ">\n\nWell it's not that they only exist there, that's just where they were discovered for the first time. The reason it's so many different ones is because of how they naturally occur in the first place. If you find one of them, you're very likely to find most of the others in the mix as well. That's why you always see them referred to by the group name and not by their individual names.", ">\n\nGreat insight thanks!", ">\n\nAlso worth noting that Sweden \"just\" went from being a major empire, to an age of liberty and science, to fight on the winning side of the Napoleonic wars, and starting even more science. And then, when everyone else was fighting 2 world wars, Sweden was just sitting there, playing with it's rocks. \nIt really is notable how much Sweden with a population of today only 10 million, has contributed so much to science. But Sweden was simply more of a power back in the day. \nAlso worth noting that it was one guy who proved a lot of these elements.", ">\n\nEntire planet has been bombarded by asteroids and comets it’s likely many places have these. It’s the environmental cost of extracting them being the issue." ]
> Yet the idea of the post is correct. Rare Earth deposits are, in opposite to their names, not actually rare. The real reason a few countries produce most of the worldwide demand is that purifying the material leaves a lot of toxic sludge and most countries don't want to deal with that. Other countries like china don't give a fuck about producing masses of toxic stuff so they like to fill the role of the provider.
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip", ">\n\nOk, Denmark.", ">\n\nThey call it that in the UK too apparently.", ">\n\nSwedish geologist here who can provide a bit of context to this. As it happens my main field is rare earth elements (REE), and their formation within these types of ores that they are talking about. I have no connection to LKAB, the state owned mining firm that announced the discovery. \nWhile they are hailing this as a deposit of REEs what it most likely is is a greenwashing by the Swedish state, and LKAB to more easily sell the public on more iron mining, as this is really just yet another iron ore that happens to have a high content of REE. Shockingly high to be honest, almost enough to make me a bit skeptical that they hadn’t misplaced a decimal in the press release. \nThe major iron ore deposits that are mined in the Kiruna area, Kirunavaara, Malmberget and so on are what are known as iron-oxide apatite deposits. These occur in other places in Sweden, including central Sweden, Grängesberg, Blötberget to name a couple, and in the world. They are rich in, well, iron, as well as the mineral apatite, which containes abundant phosphorus. Phosphate minerals like apatite have a habit of acting as sort of a vacuum for REEs, enriching them in thes iron ores. These deposits also contain other REE minerals, xenotime, monazite, allanite.\nNow why do I suggest that this is greenwashing? Well REEs are a hot topic right now due to being metals that are critical in transitioning to green technology, as well as other high tech uses. \nThe currently mined iron oxide apatite mines up right next door to this new ore body also are rich in REE. Not as rich, but they come out to be about 0.07 percent on average in these ores, but the sheer volume of ore means that the potential tonnage is high. But they aren't hailed in the media as a harbinger of European REE independance. \nNow, apatite and its phosphorus is not wanted in iron, so when the iron ore is crushed and enriched on site, it produces a waste sand known as tailings, which are then dumped in ponds near to the mine. The tailings are enriched in the apatite and other REE rich minerals, as the iron has been taken out. \nJust the tailings pond in Kiruna, which amount to 76 million tonnes of tailings (as of 2019) have been measured to contain 0.12% REE. Pretty close to what is reported from this new deposit. Combined with other tailings repositories in the area, it is potentially hundreds of thousands of tonnes of REE just sitting there, ready to go more or less, already mined and crushed. They could easily be exploiting that resource if they were serious about REE production. To be fair, there are projects working on it, but it is still small scale pilot projects.\nBut they don't get splashy international headlines because like I said, I doubt this is really about them hot to mine REE. It is because they want to get at the easy to extract, easy to process iron fast, so the Swedish government makes a big announcement, to sell this as an REE deposit and try and get mining it faster, and wrapping it up in a big green bow to try and make the environmentalists and the Sami keep quiet.", ">\n\n\ntry and make the Sami keep quiet. \n\nA time honoured Swedish tradition.", ">\n\nWhat is the Sami?", ">\n\nThey are the original indigenous people of the far north of Fennoscandia, inhabiting the northern parts of Norway, Sweden and Finland. Culturally and linguistically they are somewhat related to the Finns, but were traditionally nomadic. They were displaced north progressively by the Germanic Scandinavians and Christian Finns from the south, and then starting in the 1800s they suffered a similar kind of treatment as indigenous people in other parts of the world, including discrimination, forced assimilation practices and attempts to erase their cultures and languages.\nToday they are recognised as the indigenous people of the north and have some autonomy and protection, but there is a long history in Sweden and the other Nordic countries of ignoring and mistreating them. That is what OP was referring to. The Sami lands are rich in many minerals, and also are home to a lot of hydroelectric capacity, and that means that their lands have suffered negatively from an environmental perspective despite their opposition.", ">\n\n\noriginal indigenous people \n\nvery far from, komsa culture is more than 8000 years before, they are indigenous because they were inhabitants before the countries were officially countries", ">\n\nThe Sami settled from the East, Bronze Age swedes from the South. They were mixed for many centuries, with the \"forest Sami\" living as far South as Dalarna. The Sami would have a nomadic or semi-nomadic culture not far from settled farmers. Meanwhile, the southern Swedes settled the Baltic Sea coast quite early on, even pretty far up north. The area around e.g. Kiruna was colonized later in a more intentional way.", ">\n\nyes, but komsa people settled north of samis/kvens before that", ">\n\n\nArchaeological evidence indicates that the Komsa culture was almost exclusively sea-oriented, living mainly off seal hunting and being able boat-builders and fishermen.\n\nAlso, they lived along the Norwegian coast, so they didn't really have contact with the farmers who came later.", ">\n\nBad news for China, good news for world balance.", ">\n\nAgreed. You have to deal with the Thorium and Uranium content in many of the ores, not to mention all the other toxic waste produced separating the different rare earth oxides. The reason why China dominates the processing of the ores is because, it frankly does not care as much about toxicity/radioactivity/environment. Also the 8 or so major rare earth processing companies in China have some state ownership and are heavily subsidized (China considers rare earths to be a national security issue). As such, Chinese rare earth producers can undercut almost all others when it comes to the price of the oxides and pure metals. I doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China. Whether they can make the money from selling the ore really boils down to the type of rare earths found in the deposit. The largest rare earth miner in the US (out West) still has not turned a profit.", ">\n\n\nI doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China.\n\nWe are actually. More specifically, LKAB is planning to do so in Norway, in partnership with Norwegian company Reetec. There's also plans to do some processing in a new industrial park in north Sweden near this mine. Here's an article in Swedish about it.", ">\n\nWell then Kudos to Sweden and Norway! Well done! I wish the US government had the courage to do what is necessary for US miners.", ">\n\nThey already did. They are restoring Mountain Pass Mine (an huge deposit) on government dime/US environment. \nIt is likely only to be used for military use however, ensuring we got proper amount of RE for bombs if we go to war with China. \nIt isn't gonna make your Iphone cheaper :)", ">\n\n> It isn't gonna make your Iphone cheaper :) \nIt might. If the US military is buying less rare earths on the international market then that reduces the demand on that source.", ">\n\nthat indirect reduction in materials cost will not translate into savings for you", ">\n\nYeah. Bidens release of strategic petroleum didn't lessen the prices OR make a profit. Nothing matters, give your money to Lrrr.\nEdit: god fukin dammit here ya go: /s. \nCan you not find an obscure Futurama reference as enough of a \"/s\"?", ">\n\nUh, the US made billions off those sales, because they were selling oil for $97 that was bought for a whole lot less than that. Now that prices are down in the $70s they're starting to buy it back. Buy low, sell high, that's sort of how it is supposed to work, right?", ">\n\nGiven that Yttrium - a rare-earth element- was discovered in a Swedish village, this is not all that surprising.", ">\n\nI feel like I'm in a Dr Seuss science class", ">\n\nMmm, green eggs and yttribrebiumxcjasdfjhjkl", ">\n\nCheers I'm sat by myself in a hotel restaurant and just laughed out maniacally. Earned some very odd looks", ">\n\nWell now they have a reason to rush their nato membership, before someone declares this Russian", ">\n\nIt's Turkey holding it up, they're trying to blackmail Sweden and Finland into declaring anyone they don't like terrorists. They also don't seem to get the concept of an independent judiciary, as they're also demanding the Swedish government extradite a few journalists and kurds - which isn't really up to the government, even if they wanted to do it.", ">\n\nHungary hasn’t ratified it yet either", ">\n\nHungary can go eat a bag of dicks and watch themselves become part of the CCCPv2.0. Turkey has actual strategic value given its location spanning Europe and Asia, as well as a respectable military.", ">\n\nFinland and Sweden for Hungary is a no-brainer.", ">\n\n[Heyman] NATO has acquired Finland and Sweden in exchange for Hungary and a Baltic state to be named later. Deal is pending physical.", ">\n\n\n[Heyman] NATO has acquired Finland and Sweden in exchange for Hungary and a Baltic state to be named later. Deal is pending physical.\n\nCarlos Correa in a NATO uniform on the front page of ESPN tomorrow?", ">\n\nAren't there like 5 elements isolated from the samples of a single mine?", ">\n\n9 elements actually. 4 of them are named after the town Ytterby. Yttrium, Ytterbium, Terbium, Erbium, Holmium, Skandium, Tulium, Gadolinium, Tantalum*.", ">\n\nWhat are the reasons that it's all pretty much located there? I mean good for Sweden but I want some too? ;/ oh well guess I'll just live my life without any rare earth elements then.", ">\n\nWell it's not that they only exist there, that's just where they were discovered for the first time. The reason it's so many different ones is because of how they naturally occur in the first place. If you find one of them, you're very likely to find most of the others in the mix as well. That's why you always see them referred to by the group name and not by their individual names.", ">\n\nGreat insight thanks!", ">\n\nAlso worth noting that Sweden \"just\" went from being a major empire, to an age of liberty and science, to fight on the winning side of the Napoleonic wars, and starting even more science. And then, when everyone else was fighting 2 world wars, Sweden was just sitting there, playing with it's rocks. \nIt really is notable how much Sweden with a population of today only 10 million, has contributed so much to science. But Sweden was simply more of a power back in the day. \nAlso worth noting that it was one guy who proved a lot of these elements.", ">\n\nEntire planet has been bombarded by asteroids and comets it’s likely many places have these. It’s the environmental cost of extracting them being the issue.", ">\n\nThat’s not how geology works. The entire surface of our planet has been reworked and recycled continuously since at least 500 million years after the late heavy bombardment. Where mineral deposits are now has to do with all of the geology that’s happened since then: plate tectonics, hot spot magmatism, weathering, etc." ]
> China has some special deposits where rare earths can be or have been produced as a byproduct of iron mining. From an economic standpoint, you can’t beat a byproduct as a primary producer. The deposit they are working (Bayan Obo) is absolutely enormous, so the byproduct rare earths filled the market demand nicely until demand really ramped up. There are lots of small rare earth occurrences all over the world, but you have to beat the economics to make it worthwhile. The US finally reopened Mountain Pass last year after not having an active rare earth mine for decades. It’s not that the only thing China had going for it was weak environmental regulations… that definitely helped, but Bayan Obo is just so massive (40% of the ENTIRE WORLD’S known REE reserves in ONE deposit—basically unparalleled in resource geology) and rare earths can be produced as a byproduct there, so even without the regulations, other nations’ rare earth deposits just paled in comparison and it wasn’t worth it to mine them.
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip", ">\n\nOk, Denmark.", ">\n\nThey call it that in the UK too apparently.", ">\n\nSwedish geologist here who can provide a bit of context to this. As it happens my main field is rare earth elements (REE), and their formation within these types of ores that they are talking about. I have no connection to LKAB, the state owned mining firm that announced the discovery. \nWhile they are hailing this as a deposit of REEs what it most likely is is a greenwashing by the Swedish state, and LKAB to more easily sell the public on more iron mining, as this is really just yet another iron ore that happens to have a high content of REE. Shockingly high to be honest, almost enough to make me a bit skeptical that they hadn’t misplaced a decimal in the press release. \nThe major iron ore deposits that are mined in the Kiruna area, Kirunavaara, Malmberget and so on are what are known as iron-oxide apatite deposits. These occur in other places in Sweden, including central Sweden, Grängesberg, Blötberget to name a couple, and in the world. They are rich in, well, iron, as well as the mineral apatite, which containes abundant phosphorus. Phosphate minerals like apatite have a habit of acting as sort of a vacuum for REEs, enriching them in thes iron ores. These deposits also contain other REE minerals, xenotime, monazite, allanite.\nNow why do I suggest that this is greenwashing? Well REEs are a hot topic right now due to being metals that are critical in transitioning to green technology, as well as other high tech uses. \nThe currently mined iron oxide apatite mines up right next door to this new ore body also are rich in REE. Not as rich, but they come out to be about 0.07 percent on average in these ores, but the sheer volume of ore means that the potential tonnage is high. But they aren't hailed in the media as a harbinger of European REE independance. \nNow, apatite and its phosphorus is not wanted in iron, so when the iron ore is crushed and enriched on site, it produces a waste sand known as tailings, which are then dumped in ponds near to the mine. The tailings are enriched in the apatite and other REE rich minerals, as the iron has been taken out. \nJust the tailings pond in Kiruna, which amount to 76 million tonnes of tailings (as of 2019) have been measured to contain 0.12% REE. Pretty close to what is reported from this new deposit. Combined with other tailings repositories in the area, it is potentially hundreds of thousands of tonnes of REE just sitting there, ready to go more or less, already mined and crushed. They could easily be exploiting that resource if they were serious about REE production. To be fair, there are projects working on it, but it is still small scale pilot projects.\nBut they don't get splashy international headlines because like I said, I doubt this is really about them hot to mine REE. It is because they want to get at the easy to extract, easy to process iron fast, so the Swedish government makes a big announcement, to sell this as an REE deposit and try and get mining it faster, and wrapping it up in a big green bow to try and make the environmentalists and the Sami keep quiet.", ">\n\n\ntry and make the Sami keep quiet. \n\nA time honoured Swedish tradition.", ">\n\nWhat is the Sami?", ">\n\nThey are the original indigenous people of the far north of Fennoscandia, inhabiting the northern parts of Norway, Sweden and Finland. Culturally and linguistically they are somewhat related to the Finns, but were traditionally nomadic. They were displaced north progressively by the Germanic Scandinavians and Christian Finns from the south, and then starting in the 1800s they suffered a similar kind of treatment as indigenous people in other parts of the world, including discrimination, forced assimilation practices and attempts to erase their cultures and languages.\nToday they are recognised as the indigenous people of the north and have some autonomy and protection, but there is a long history in Sweden and the other Nordic countries of ignoring and mistreating them. That is what OP was referring to. The Sami lands are rich in many minerals, and also are home to a lot of hydroelectric capacity, and that means that their lands have suffered negatively from an environmental perspective despite their opposition.", ">\n\n\noriginal indigenous people \n\nvery far from, komsa culture is more than 8000 years before, they are indigenous because they were inhabitants before the countries were officially countries", ">\n\nThe Sami settled from the East, Bronze Age swedes from the South. They were mixed for many centuries, with the \"forest Sami\" living as far South as Dalarna. The Sami would have a nomadic or semi-nomadic culture not far from settled farmers. Meanwhile, the southern Swedes settled the Baltic Sea coast quite early on, even pretty far up north. The area around e.g. Kiruna was colonized later in a more intentional way.", ">\n\nyes, but komsa people settled north of samis/kvens before that", ">\n\n\nArchaeological evidence indicates that the Komsa culture was almost exclusively sea-oriented, living mainly off seal hunting and being able boat-builders and fishermen.\n\nAlso, they lived along the Norwegian coast, so they didn't really have contact with the farmers who came later.", ">\n\nBad news for China, good news for world balance.", ">\n\nAgreed. You have to deal with the Thorium and Uranium content in many of the ores, not to mention all the other toxic waste produced separating the different rare earth oxides. The reason why China dominates the processing of the ores is because, it frankly does not care as much about toxicity/radioactivity/environment. Also the 8 or so major rare earth processing companies in China have some state ownership and are heavily subsidized (China considers rare earths to be a national security issue). As such, Chinese rare earth producers can undercut almost all others when it comes to the price of the oxides and pure metals. I doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China. Whether they can make the money from selling the ore really boils down to the type of rare earths found in the deposit. The largest rare earth miner in the US (out West) still has not turned a profit.", ">\n\n\nI doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China.\n\nWe are actually. More specifically, LKAB is planning to do so in Norway, in partnership with Norwegian company Reetec. There's also plans to do some processing in a new industrial park in north Sweden near this mine. Here's an article in Swedish about it.", ">\n\nWell then Kudos to Sweden and Norway! Well done! I wish the US government had the courage to do what is necessary for US miners.", ">\n\nThey already did. They are restoring Mountain Pass Mine (an huge deposit) on government dime/US environment. \nIt is likely only to be used for military use however, ensuring we got proper amount of RE for bombs if we go to war with China. \nIt isn't gonna make your Iphone cheaper :)", ">\n\n> It isn't gonna make your Iphone cheaper :) \nIt might. If the US military is buying less rare earths on the international market then that reduces the demand on that source.", ">\n\nthat indirect reduction in materials cost will not translate into savings for you", ">\n\nYeah. Bidens release of strategic petroleum didn't lessen the prices OR make a profit. Nothing matters, give your money to Lrrr.\nEdit: god fukin dammit here ya go: /s. \nCan you not find an obscure Futurama reference as enough of a \"/s\"?", ">\n\nUh, the US made billions off those sales, because they were selling oil for $97 that was bought for a whole lot less than that. Now that prices are down in the $70s they're starting to buy it back. Buy low, sell high, that's sort of how it is supposed to work, right?", ">\n\nGiven that Yttrium - a rare-earth element- was discovered in a Swedish village, this is not all that surprising.", ">\n\nI feel like I'm in a Dr Seuss science class", ">\n\nMmm, green eggs and yttribrebiumxcjasdfjhjkl", ">\n\nCheers I'm sat by myself in a hotel restaurant and just laughed out maniacally. Earned some very odd looks", ">\n\nWell now they have a reason to rush their nato membership, before someone declares this Russian", ">\n\nIt's Turkey holding it up, they're trying to blackmail Sweden and Finland into declaring anyone they don't like terrorists. They also don't seem to get the concept of an independent judiciary, as they're also demanding the Swedish government extradite a few journalists and kurds - which isn't really up to the government, even if they wanted to do it.", ">\n\nHungary hasn’t ratified it yet either", ">\n\nHungary can go eat a bag of dicks and watch themselves become part of the CCCPv2.0. Turkey has actual strategic value given its location spanning Europe and Asia, as well as a respectable military.", ">\n\nFinland and Sweden for Hungary is a no-brainer.", ">\n\n[Heyman] NATO has acquired Finland and Sweden in exchange for Hungary and a Baltic state to be named later. Deal is pending physical.", ">\n\n\n[Heyman] NATO has acquired Finland and Sweden in exchange for Hungary and a Baltic state to be named later. Deal is pending physical.\n\nCarlos Correa in a NATO uniform on the front page of ESPN tomorrow?", ">\n\nAren't there like 5 elements isolated from the samples of a single mine?", ">\n\n9 elements actually. 4 of them are named after the town Ytterby. Yttrium, Ytterbium, Terbium, Erbium, Holmium, Skandium, Tulium, Gadolinium, Tantalum*.", ">\n\nWhat are the reasons that it's all pretty much located there? I mean good for Sweden but I want some too? ;/ oh well guess I'll just live my life without any rare earth elements then.", ">\n\nWell it's not that they only exist there, that's just where they were discovered for the first time. The reason it's so many different ones is because of how they naturally occur in the first place. If you find one of them, you're very likely to find most of the others in the mix as well. That's why you always see them referred to by the group name and not by their individual names.", ">\n\nGreat insight thanks!", ">\n\nAlso worth noting that Sweden \"just\" went from being a major empire, to an age of liberty and science, to fight on the winning side of the Napoleonic wars, and starting even more science. And then, when everyone else was fighting 2 world wars, Sweden was just sitting there, playing with it's rocks. \nIt really is notable how much Sweden with a population of today only 10 million, has contributed so much to science. But Sweden was simply more of a power back in the day. \nAlso worth noting that it was one guy who proved a lot of these elements.", ">\n\nEntire planet has been bombarded by asteroids and comets it’s likely many places have these. It’s the environmental cost of extracting them being the issue.", ">\n\nThat’s not how geology works. The entire surface of our planet has been reworked and recycled continuously since at least 500 million years after the late heavy bombardment. Where mineral deposits are now has to do with all of the geology that’s happened since then: plate tectonics, hot spot magmatism, weathering, etc.", ">\n\nYet the idea of the post is correct. Rare Earth deposits are, in opposite to their names, not actually rare. The real reason a few countries produce most of the worldwide demand is that purifying the material leaves a lot of toxic sludge and most countries don't want to deal with that.\nOther countries like china don't give a fuck about producing masses of toxic stuff so they like to fill the role of the provider." ]
> As I understood it, this deposit is extremely rich in rare earth metals. 0.18% I believe it was. And it is really rich in iron, phosphorus and fluorine which will be mined as well. So, there will be many byproducts.
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip", ">\n\nOk, Denmark.", ">\n\nThey call it that in the UK too apparently.", ">\n\nSwedish geologist here who can provide a bit of context to this. As it happens my main field is rare earth elements (REE), and their formation within these types of ores that they are talking about. I have no connection to LKAB, the state owned mining firm that announced the discovery. \nWhile they are hailing this as a deposit of REEs what it most likely is is a greenwashing by the Swedish state, and LKAB to more easily sell the public on more iron mining, as this is really just yet another iron ore that happens to have a high content of REE. Shockingly high to be honest, almost enough to make me a bit skeptical that they hadn’t misplaced a decimal in the press release. \nThe major iron ore deposits that are mined in the Kiruna area, Kirunavaara, Malmberget and so on are what are known as iron-oxide apatite deposits. These occur in other places in Sweden, including central Sweden, Grängesberg, Blötberget to name a couple, and in the world. They are rich in, well, iron, as well as the mineral apatite, which containes abundant phosphorus. Phosphate minerals like apatite have a habit of acting as sort of a vacuum for REEs, enriching them in thes iron ores. These deposits also contain other REE minerals, xenotime, monazite, allanite.\nNow why do I suggest that this is greenwashing? Well REEs are a hot topic right now due to being metals that are critical in transitioning to green technology, as well as other high tech uses. \nThe currently mined iron oxide apatite mines up right next door to this new ore body also are rich in REE. Not as rich, but they come out to be about 0.07 percent on average in these ores, but the sheer volume of ore means that the potential tonnage is high. But they aren't hailed in the media as a harbinger of European REE independance. \nNow, apatite and its phosphorus is not wanted in iron, so when the iron ore is crushed and enriched on site, it produces a waste sand known as tailings, which are then dumped in ponds near to the mine. The tailings are enriched in the apatite and other REE rich minerals, as the iron has been taken out. \nJust the tailings pond in Kiruna, which amount to 76 million tonnes of tailings (as of 2019) have been measured to contain 0.12% REE. Pretty close to what is reported from this new deposit. Combined with other tailings repositories in the area, it is potentially hundreds of thousands of tonnes of REE just sitting there, ready to go more or less, already mined and crushed. They could easily be exploiting that resource if they were serious about REE production. To be fair, there are projects working on it, but it is still small scale pilot projects.\nBut they don't get splashy international headlines because like I said, I doubt this is really about them hot to mine REE. It is because they want to get at the easy to extract, easy to process iron fast, so the Swedish government makes a big announcement, to sell this as an REE deposit and try and get mining it faster, and wrapping it up in a big green bow to try and make the environmentalists and the Sami keep quiet.", ">\n\n\ntry and make the Sami keep quiet. \n\nA time honoured Swedish tradition.", ">\n\nWhat is the Sami?", ">\n\nThey are the original indigenous people of the far north of Fennoscandia, inhabiting the northern parts of Norway, Sweden and Finland. Culturally and linguistically they are somewhat related to the Finns, but were traditionally nomadic. They were displaced north progressively by the Germanic Scandinavians and Christian Finns from the south, and then starting in the 1800s they suffered a similar kind of treatment as indigenous people in other parts of the world, including discrimination, forced assimilation practices and attempts to erase their cultures and languages.\nToday they are recognised as the indigenous people of the north and have some autonomy and protection, but there is a long history in Sweden and the other Nordic countries of ignoring and mistreating them. That is what OP was referring to. The Sami lands are rich in many minerals, and also are home to a lot of hydroelectric capacity, and that means that their lands have suffered negatively from an environmental perspective despite their opposition.", ">\n\n\noriginal indigenous people \n\nvery far from, komsa culture is more than 8000 years before, they are indigenous because they were inhabitants before the countries were officially countries", ">\n\nThe Sami settled from the East, Bronze Age swedes from the South. They were mixed for many centuries, with the \"forest Sami\" living as far South as Dalarna. The Sami would have a nomadic or semi-nomadic culture not far from settled farmers. Meanwhile, the southern Swedes settled the Baltic Sea coast quite early on, even pretty far up north. The area around e.g. Kiruna was colonized later in a more intentional way.", ">\n\nyes, but komsa people settled north of samis/kvens before that", ">\n\n\nArchaeological evidence indicates that the Komsa culture was almost exclusively sea-oriented, living mainly off seal hunting and being able boat-builders and fishermen.\n\nAlso, they lived along the Norwegian coast, so they didn't really have contact with the farmers who came later.", ">\n\nBad news for China, good news for world balance.", ">\n\nAgreed. You have to deal with the Thorium and Uranium content in many of the ores, not to mention all the other toxic waste produced separating the different rare earth oxides. The reason why China dominates the processing of the ores is because, it frankly does not care as much about toxicity/radioactivity/environment. Also the 8 or so major rare earth processing companies in China have some state ownership and are heavily subsidized (China considers rare earths to be a national security issue). As such, Chinese rare earth producers can undercut almost all others when it comes to the price of the oxides and pure metals. I doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China. Whether they can make the money from selling the ore really boils down to the type of rare earths found in the deposit. The largest rare earth miner in the US (out West) still has not turned a profit.", ">\n\n\nI doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China.\n\nWe are actually. More specifically, LKAB is planning to do so in Norway, in partnership with Norwegian company Reetec. There's also plans to do some processing in a new industrial park in north Sweden near this mine. Here's an article in Swedish about it.", ">\n\nWell then Kudos to Sweden and Norway! Well done! I wish the US government had the courage to do what is necessary for US miners.", ">\n\nThey already did. They are restoring Mountain Pass Mine (an huge deposit) on government dime/US environment. \nIt is likely only to be used for military use however, ensuring we got proper amount of RE for bombs if we go to war with China. \nIt isn't gonna make your Iphone cheaper :)", ">\n\n> It isn't gonna make your Iphone cheaper :) \nIt might. If the US military is buying less rare earths on the international market then that reduces the demand on that source.", ">\n\nthat indirect reduction in materials cost will not translate into savings for you", ">\n\nYeah. Bidens release of strategic petroleum didn't lessen the prices OR make a profit. Nothing matters, give your money to Lrrr.\nEdit: god fukin dammit here ya go: /s. \nCan you not find an obscure Futurama reference as enough of a \"/s\"?", ">\n\nUh, the US made billions off those sales, because they were selling oil for $97 that was bought for a whole lot less than that. Now that prices are down in the $70s they're starting to buy it back. Buy low, sell high, that's sort of how it is supposed to work, right?", ">\n\nGiven that Yttrium - a rare-earth element- was discovered in a Swedish village, this is not all that surprising.", ">\n\nI feel like I'm in a Dr Seuss science class", ">\n\nMmm, green eggs and yttribrebiumxcjasdfjhjkl", ">\n\nCheers I'm sat by myself in a hotel restaurant and just laughed out maniacally. Earned some very odd looks", ">\n\nWell now they have a reason to rush their nato membership, before someone declares this Russian", ">\n\nIt's Turkey holding it up, they're trying to blackmail Sweden and Finland into declaring anyone they don't like terrorists. They also don't seem to get the concept of an independent judiciary, as they're also demanding the Swedish government extradite a few journalists and kurds - which isn't really up to the government, even if they wanted to do it.", ">\n\nHungary hasn’t ratified it yet either", ">\n\nHungary can go eat a bag of dicks and watch themselves become part of the CCCPv2.0. Turkey has actual strategic value given its location spanning Europe and Asia, as well as a respectable military.", ">\n\nFinland and Sweden for Hungary is a no-brainer.", ">\n\n[Heyman] NATO has acquired Finland and Sweden in exchange for Hungary and a Baltic state to be named later. Deal is pending physical.", ">\n\n\n[Heyman] NATO has acquired Finland and Sweden in exchange for Hungary and a Baltic state to be named later. Deal is pending physical.\n\nCarlos Correa in a NATO uniform on the front page of ESPN tomorrow?", ">\n\nAren't there like 5 elements isolated from the samples of a single mine?", ">\n\n9 elements actually. 4 of them are named after the town Ytterby. Yttrium, Ytterbium, Terbium, Erbium, Holmium, Skandium, Tulium, Gadolinium, Tantalum*.", ">\n\nWhat are the reasons that it's all pretty much located there? I mean good for Sweden but I want some too? ;/ oh well guess I'll just live my life without any rare earth elements then.", ">\n\nWell it's not that they only exist there, that's just where they were discovered for the first time. The reason it's so many different ones is because of how they naturally occur in the first place. If you find one of them, you're very likely to find most of the others in the mix as well. That's why you always see them referred to by the group name and not by their individual names.", ">\n\nGreat insight thanks!", ">\n\nAlso worth noting that Sweden \"just\" went from being a major empire, to an age of liberty and science, to fight on the winning side of the Napoleonic wars, and starting even more science. And then, when everyone else was fighting 2 world wars, Sweden was just sitting there, playing with it's rocks. \nIt really is notable how much Sweden with a population of today only 10 million, has contributed so much to science. But Sweden was simply more of a power back in the day. \nAlso worth noting that it was one guy who proved a lot of these elements.", ">\n\nEntire planet has been bombarded by asteroids and comets it’s likely many places have these. It’s the environmental cost of extracting them being the issue.", ">\n\nThat’s not how geology works. The entire surface of our planet has been reworked and recycled continuously since at least 500 million years after the late heavy bombardment. Where mineral deposits are now has to do with all of the geology that’s happened since then: plate tectonics, hot spot magmatism, weathering, etc.", ">\n\nYet the idea of the post is correct. Rare Earth deposits are, in opposite to their names, not actually rare. The real reason a few countries produce most of the worldwide demand is that purifying the material leaves a lot of toxic sludge and most countries don't want to deal with that.\nOther countries like china don't give a fuck about producing masses of toxic stuff so they like to fill the role of the provider.", ">\n\nChina has some special deposits where rare earths can be or have been produced as a byproduct of iron mining. From an economic standpoint, you can’t beat a byproduct as a primary producer. The deposit they are working (Bayan Obo) is absolutely enormous, so the byproduct rare earths filled the market demand nicely until demand really ramped up. There are lots of small rare earth occurrences all over the world, but you have to beat the economics to make it worthwhile. The US finally reopened Mountain Pass last year after not having an active rare earth mine for decades. It’s not that the only thing China had going for it was weak environmental regulations… that definitely helped, but Bayan Obo is just so massive (40% of the ENTIRE WORLD’S known REE reserves in ONE deposit—basically unparalleled in resource geology) and rare earths can be produced as a byproduct there, so even without the regulations, other nations’ rare earth deposits just paled in comparison and it wasn’t worth it to mine them." ]
> Get them into NATO asap!
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip", ">\n\nOk, Denmark.", ">\n\nThey call it that in the UK too apparently.", ">\n\nSwedish geologist here who can provide a bit of context to this. As it happens my main field is rare earth elements (REE), and their formation within these types of ores that they are talking about. I have no connection to LKAB, the state owned mining firm that announced the discovery. \nWhile they are hailing this as a deposit of REEs what it most likely is is a greenwashing by the Swedish state, and LKAB to more easily sell the public on more iron mining, as this is really just yet another iron ore that happens to have a high content of REE. Shockingly high to be honest, almost enough to make me a bit skeptical that they hadn’t misplaced a decimal in the press release. \nThe major iron ore deposits that are mined in the Kiruna area, Kirunavaara, Malmberget and so on are what are known as iron-oxide apatite deposits. These occur in other places in Sweden, including central Sweden, Grängesberg, Blötberget to name a couple, and in the world. They are rich in, well, iron, as well as the mineral apatite, which containes abundant phosphorus. Phosphate minerals like apatite have a habit of acting as sort of a vacuum for REEs, enriching them in thes iron ores. These deposits also contain other REE minerals, xenotime, monazite, allanite.\nNow why do I suggest that this is greenwashing? Well REEs are a hot topic right now due to being metals that are critical in transitioning to green technology, as well as other high tech uses. \nThe currently mined iron oxide apatite mines up right next door to this new ore body also are rich in REE. Not as rich, but they come out to be about 0.07 percent on average in these ores, but the sheer volume of ore means that the potential tonnage is high. But they aren't hailed in the media as a harbinger of European REE independance. \nNow, apatite and its phosphorus is not wanted in iron, so when the iron ore is crushed and enriched on site, it produces a waste sand known as tailings, which are then dumped in ponds near to the mine. The tailings are enriched in the apatite and other REE rich minerals, as the iron has been taken out. \nJust the tailings pond in Kiruna, which amount to 76 million tonnes of tailings (as of 2019) have been measured to contain 0.12% REE. Pretty close to what is reported from this new deposit. Combined with other tailings repositories in the area, it is potentially hundreds of thousands of tonnes of REE just sitting there, ready to go more or less, already mined and crushed. They could easily be exploiting that resource if they were serious about REE production. To be fair, there are projects working on it, but it is still small scale pilot projects.\nBut they don't get splashy international headlines because like I said, I doubt this is really about them hot to mine REE. It is because they want to get at the easy to extract, easy to process iron fast, so the Swedish government makes a big announcement, to sell this as an REE deposit and try and get mining it faster, and wrapping it up in a big green bow to try and make the environmentalists and the Sami keep quiet.", ">\n\n\ntry and make the Sami keep quiet. \n\nA time honoured Swedish tradition.", ">\n\nWhat is the Sami?", ">\n\nThey are the original indigenous people of the far north of Fennoscandia, inhabiting the northern parts of Norway, Sweden and Finland. Culturally and linguistically they are somewhat related to the Finns, but were traditionally nomadic. They were displaced north progressively by the Germanic Scandinavians and Christian Finns from the south, and then starting in the 1800s they suffered a similar kind of treatment as indigenous people in other parts of the world, including discrimination, forced assimilation practices and attempts to erase their cultures and languages.\nToday they are recognised as the indigenous people of the north and have some autonomy and protection, but there is a long history in Sweden and the other Nordic countries of ignoring and mistreating them. That is what OP was referring to. The Sami lands are rich in many minerals, and also are home to a lot of hydroelectric capacity, and that means that their lands have suffered negatively from an environmental perspective despite their opposition.", ">\n\n\noriginal indigenous people \n\nvery far from, komsa culture is more than 8000 years before, they are indigenous because they were inhabitants before the countries were officially countries", ">\n\nThe Sami settled from the East, Bronze Age swedes from the South. They were mixed for many centuries, with the \"forest Sami\" living as far South as Dalarna. The Sami would have a nomadic or semi-nomadic culture not far from settled farmers. Meanwhile, the southern Swedes settled the Baltic Sea coast quite early on, even pretty far up north. The area around e.g. Kiruna was colonized later in a more intentional way.", ">\n\nyes, but komsa people settled north of samis/kvens before that", ">\n\n\nArchaeological evidence indicates that the Komsa culture was almost exclusively sea-oriented, living mainly off seal hunting and being able boat-builders and fishermen.\n\nAlso, they lived along the Norwegian coast, so they didn't really have contact with the farmers who came later.", ">\n\nBad news for China, good news for world balance.", ">\n\nAgreed. You have to deal with the Thorium and Uranium content in many of the ores, not to mention all the other toxic waste produced separating the different rare earth oxides. The reason why China dominates the processing of the ores is because, it frankly does not care as much about toxicity/radioactivity/environment. Also the 8 or so major rare earth processing companies in China have some state ownership and are heavily subsidized (China considers rare earths to be a national security issue). As such, Chinese rare earth producers can undercut almost all others when it comes to the price of the oxides and pure metals. I doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China. Whether they can make the money from selling the ore really boils down to the type of rare earths found in the deposit. The largest rare earth miner in the US (out West) still has not turned a profit.", ">\n\n\nI doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China.\n\nWe are actually. More specifically, LKAB is planning to do so in Norway, in partnership with Norwegian company Reetec. There's also plans to do some processing in a new industrial park in north Sweden near this mine. Here's an article in Swedish about it.", ">\n\nWell then Kudos to Sweden and Norway! Well done! I wish the US government had the courage to do what is necessary for US miners.", ">\n\nThey already did. They are restoring Mountain Pass Mine (an huge deposit) on government dime/US environment. \nIt is likely only to be used for military use however, ensuring we got proper amount of RE for bombs if we go to war with China. \nIt isn't gonna make your Iphone cheaper :)", ">\n\n> It isn't gonna make your Iphone cheaper :) \nIt might. If the US military is buying less rare earths on the international market then that reduces the demand on that source.", ">\n\nthat indirect reduction in materials cost will not translate into savings for you", ">\n\nYeah. Bidens release of strategic petroleum didn't lessen the prices OR make a profit. Nothing matters, give your money to Lrrr.\nEdit: god fukin dammit here ya go: /s. \nCan you not find an obscure Futurama reference as enough of a \"/s\"?", ">\n\nUh, the US made billions off those sales, because they were selling oil for $97 that was bought for a whole lot less than that. Now that prices are down in the $70s they're starting to buy it back. Buy low, sell high, that's sort of how it is supposed to work, right?", ">\n\nGiven that Yttrium - a rare-earth element- was discovered in a Swedish village, this is not all that surprising.", ">\n\nI feel like I'm in a Dr Seuss science class", ">\n\nMmm, green eggs and yttribrebiumxcjasdfjhjkl", ">\n\nCheers I'm sat by myself in a hotel restaurant and just laughed out maniacally. Earned some very odd looks", ">\n\nWell now they have a reason to rush their nato membership, before someone declares this Russian", ">\n\nIt's Turkey holding it up, they're trying to blackmail Sweden and Finland into declaring anyone they don't like terrorists. They also don't seem to get the concept of an independent judiciary, as they're also demanding the Swedish government extradite a few journalists and kurds - which isn't really up to the government, even if they wanted to do it.", ">\n\nHungary hasn’t ratified it yet either", ">\n\nHungary can go eat a bag of dicks and watch themselves become part of the CCCPv2.0. Turkey has actual strategic value given its location spanning Europe and Asia, as well as a respectable military.", ">\n\nFinland and Sweden for Hungary is a no-brainer.", ">\n\n[Heyman] NATO has acquired Finland and Sweden in exchange for Hungary and a Baltic state to be named later. Deal is pending physical.", ">\n\n\n[Heyman] NATO has acquired Finland and Sweden in exchange for Hungary and a Baltic state to be named later. Deal is pending physical.\n\nCarlos Correa in a NATO uniform on the front page of ESPN tomorrow?", ">\n\nAren't there like 5 elements isolated from the samples of a single mine?", ">\n\n9 elements actually. 4 of them are named after the town Ytterby. Yttrium, Ytterbium, Terbium, Erbium, Holmium, Skandium, Tulium, Gadolinium, Tantalum*.", ">\n\nWhat are the reasons that it's all pretty much located there? I mean good for Sweden but I want some too? ;/ oh well guess I'll just live my life without any rare earth elements then.", ">\n\nWell it's not that they only exist there, that's just where they were discovered for the first time. The reason it's so many different ones is because of how they naturally occur in the first place. If you find one of them, you're very likely to find most of the others in the mix as well. That's why you always see them referred to by the group name and not by their individual names.", ">\n\nGreat insight thanks!", ">\n\nAlso worth noting that Sweden \"just\" went from being a major empire, to an age of liberty and science, to fight on the winning side of the Napoleonic wars, and starting even more science. And then, when everyone else was fighting 2 world wars, Sweden was just sitting there, playing with it's rocks. \nIt really is notable how much Sweden with a population of today only 10 million, has contributed so much to science. But Sweden was simply more of a power back in the day. \nAlso worth noting that it was one guy who proved a lot of these elements.", ">\n\nEntire planet has been bombarded by asteroids and comets it’s likely many places have these. It’s the environmental cost of extracting them being the issue.", ">\n\nThat’s not how geology works. The entire surface of our planet has been reworked and recycled continuously since at least 500 million years after the late heavy bombardment. Where mineral deposits are now has to do with all of the geology that’s happened since then: plate tectonics, hot spot magmatism, weathering, etc.", ">\n\nYet the idea of the post is correct. Rare Earth deposits are, in opposite to their names, not actually rare. The real reason a few countries produce most of the worldwide demand is that purifying the material leaves a lot of toxic sludge and most countries don't want to deal with that.\nOther countries like china don't give a fuck about producing masses of toxic stuff so they like to fill the role of the provider.", ">\n\nChina has some special deposits where rare earths can be or have been produced as a byproduct of iron mining. From an economic standpoint, you can’t beat a byproduct as a primary producer. The deposit they are working (Bayan Obo) is absolutely enormous, so the byproduct rare earths filled the market demand nicely until demand really ramped up. There are lots of small rare earth occurrences all over the world, but you have to beat the economics to make it worthwhile. The US finally reopened Mountain Pass last year after not having an active rare earth mine for decades. It’s not that the only thing China had going for it was weak environmental regulations… that definitely helped, but Bayan Obo is just so massive (40% of the ENTIRE WORLD’S known REE reserves in ONE deposit—basically unparalleled in resource geology) and rare earths can be produced as a byproduct there, so even without the regulations, other nations’ rare earth deposits just paled in comparison and it wasn’t worth it to mine them.", ">\n\nAs I understood it, this deposit is extremely rich in rare earth metals. 0.18% I believe it was. And it is really rich in iron, phosphorus and fluorine which will be mined as well. So, there will be many byproducts." ]
> Can't we just invade them instead? /s
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip", ">\n\nOk, Denmark.", ">\n\nThey call it that in the UK too apparently.", ">\n\nSwedish geologist here who can provide a bit of context to this. As it happens my main field is rare earth elements (REE), and their formation within these types of ores that they are talking about. I have no connection to LKAB, the state owned mining firm that announced the discovery. \nWhile they are hailing this as a deposit of REEs what it most likely is is a greenwashing by the Swedish state, and LKAB to more easily sell the public on more iron mining, as this is really just yet another iron ore that happens to have a high content of REE. Shockingly high to be honest, almost enough to make me a bit skeptical that they hadn’t misplaced a decimal in the press release. \nThe major iron ore deposits that are mined in the Kiruna area, Kirunavaara, Malmberget and so on are what are known as iron-oxide apatite deposits. These occur in other places in Sweden, including central Sweden, Grängesberg, Blötberget to name a couple, and in the world. They are rich in, well, iron, as well as the mineral apatite, which containes abundant phosphorus. Phosphate minerals like apatite have a habit of acting as sort of a vacuum for REEs, enriching them in thes iron ores. These deposits also contain other REE minerals, xenotime, monazite, allanite.\nNow why do I suggest that this is greenwashing? Well REEs are a hot topic right now due to being metals that are critical in transitioning to green technology, as well as other high tech uses. \nThe currently mined iron oxide apatite mines up right next door to this new ore body also are rich in REE. Not as rich, but they come out to be about 0.07 percent on average in these ores, but the sheer volume of ore means that the potential tonnage is high. But they aren't hailed in the media as a harbinger of European REE independance. \nNow, apatite and its phosphorus is not wanted in iron, so when the iron ore is crushed and enriched on site, it produces a waste sand known as tailings, which are then dumped in ponds near to the mine. The tailings are enriched in the apatite and other REE rich minerals, as the iron has been taken out. \nJust the tailings pond in Kiruna, which amount to 76 million tonnes of tailings (as of 2019) have been measured to contain 0.12% REE. Pretty close to what is reported from this new deposit. Combined with other tailings repositories in the area, it is potentially hundreds of thousands of tonnes of REE just sitting there, ready to go more or less, already mined and crushed. They could easily be exploiting that resource if they were serious about REE production. To be fair, there are projects working on it, but it is still small scale pilot projects.\nBut they don't get splashy international headlines because like I said, I doubt this is really about them hot to mine REE. It is because they want to get at the easy to extract, easy to process iron fast, so the Swedish government makes a big announcement, to sell this as an REE deposit and try and get mining it faster, and wrapping it up in a big green bow to try and make the environmentalists and the Sami keep quiet.", ">\n\n\ntry and make the Sami keep quiet. \n\nA time honoured Swedish tradition.", ">\n\nWhat is the Sami?", ">\n\nThey are the original indigenous people of the far north of Fennoscandia, inhabiting the northern parts of Norway, Sweden and Finland. Culturally and linguistically they are somewhat related to the Finns, but were traditionally nomadic. They were displaced north progressively by the Germanic Scandinavians and Christian Finns from the south, and then starting in the 1800s they suffered a similar kind of treatment as indigenous people in other parts of the world, including discrimination, forced assimilation practices and attempts to erase their cultures and languages.\nToday they are recognised as the indigenous people of the north and have some autonomy and protection, but there is a long history in Sweden and the other Nordic countries of ignoring and mistreating them. That is what OP was referring to. The Sami lands are rich in many minerals, and also are home to a lot of hydroelectric capacity, and that means that their lands have suffered negatively from an environmental perspective despite their opposition.", ">\n\n\noriginal indigenous people \n\nvery far from, komsa culture is more than 8000 years before, they are indigenous because they were inhabitants before the countries were officially countries", ">\n\nThe Sami settled from the East, Bronze Age swedes from the South. They were mixed for many centuries, with the \"forest Sami\" living as far South as Dalarna. The Sami would have a nomadic or semi-nomadic culture not far from settled farmers. Meanwhile, the southern Swedes settled the Baltic Sea coast quite early on, even pretty far up north. The area around e.g. Kiruna was colonized later in a more intentional way.", ">\n\nyes, but komsa people settled north of samis/kvens before that", ">\n\n\nArchaeological evidence indicates that the Komsa culture was almost exclusively sea-oriented, living mainly off seal hunting and being able boat-builders and fishermen.\n\nAlso, they lived along the Norwegian coast, so they didn't really have contact with the farmers who came later.", ">\n\nBad news for China, good news for world balance.", ">\n\nAgreed. You have to deal with the Thorium and Uranium content in many of the ores, not to mention all the other toxic waste produced separating the different rare earth oxides. The reason why China dominates the processing of the ores is because, it frankly does not care as much about toxicity/radioactivity/environment. Also the 8 or so major rare earth processing companies in China have some state ownership and are heavily subsidized (China considers rare earths to be a national security issue). As such, Chinese rare earth producers can undercut almost all others when it comes to the price of the oxides and pure metals. I doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China. Whether they can make the money from selling the ore really boils down to the type of rare earths found in the deposit. The largest rare earth miner in the US (out West) still has not turned a profit.", ">\n\n\nI doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China.\n\nWe are actually. More specifically, LKAB is planning to do so in Norway, in partnership with Norwegian company Reetec. There's also plans to do some processing in a new industrial park in north Sweden near this mine. Here's an article in Swedish about it.", ">\n\nWell then Kudos to Sweden and Norway! Well done! I wish the US government had the courage to do what is necessary for US miners.", ">\n\nThey already did. They are restoring Mountain Pass Mine (an huge deposit) on government dime/US environment. \nIt is likely only to be used for military use however, ensuring we got proper amount of RE for bombs if we go to war with China. \nIt isn't gonna make your Iphone cheaper :)", ">\n\n> It isn't gonna make your Iphone cheaper :) \nIt might. If the US military is buying less rare earths on the international market then that reduces the demand on that source.", ">\n\nthat indirect reduction in materials cost will not translate into savings for you", ">\n\nYeah. Bidens release of strategic petroleum didn't lessen the prices OR make a profit. Nothing matters, give your money to Lrrr.\nEdit: god fukin dammit here ya go: /s. \nCan you not find an obscure Futurama reference as enough of a \"/s\"?", ">\n\nUh, the US made billions off those sales, because they were selling oil for $97 that was bought for a whole lot less than that. Now that prices are down in the $70s they're starting to buy it back. Buy low, sell high, that's sort of how it is supposed to work, right?", ">\n\nGiven that Yttrium - a rare-earth element- was discovered in a Swedish village, this is not all that surprising.", ">\n\nI feel like I'm in a Dr Seuss science class", ">\n\nMmm, green eggs and yttribrebiumxcjasdfjhjkl", ">\n\nCheers I'm sat by myself in a hotel restaurant and just laughed out maniacally. Earned some very odd looks", ">\n\nWell now they have a reason to rush their nato membership, before someone declares this Russian", ">\n\nIt's Turkey holding it up, they're trying to blackmail Sweden and Finland into declaring anyone they don't like terrorists. They also don't seem to get the concept of an independent judiciary, as they're also demanding the Swedish government extradite a few journalists and kurds - which isn't really up to the government, even if they wanted to do it.", ">\n\nHungary hasn’t ratified it yet either", ">\n\nHungary can go eat a bag of dicks and watch themselves become part of the CCCPv2.0. Turkey has actual strategic value given its location spanning Europe and Asia, as well as a respectable military.", ">\n\nFinland and Sweden for Hungary is a no-brainer.", ">\n\n[Heyman] NATO has acquired Finland and Sweden in exchange for Hungary and a Baltic state to be named later. Deal is pending physical.", ">\n\n\n[Heyman] NATO has acquired Finland and Sweden in exchange for Hungary and a Baltic state to be named later. Deal is pending physical.\n\nCarlos Correa in a NATO uniform on the front page of ESPN tomorrow?", ">\n\nAren't there like 5 elements isolated from the samples of a single mine?", ">\n\n9 elements actually. 4 of them are named after the town Ytterby. Yttrium, Ytterbium, Terbium, Erbium, Holmium, Skandium, Tulium, Gadolinium, Tantalum*.", ">\n\nWhat are the reasons that it's all pretty much located there? I mean good for Sweden but I want some too? ;/ oh well guess I'll just live my life without any rare earth elements then.", ">\n\nWell it's not that they only exist there, that's just where they were discovered for the first time. The reason it's so many different ones is because of how they naturally occur in the first place. If you find one of them, you're very likely to find most of the others in the mix as well. That's why you always see them referred to by the group name and not by their individual names.", ">\n\nGreat insight thanks!", ">\n\nAlso worth noting that Sweden \"just\" went from being a major empire, to an age of liberty and science, to fight on the winning side of the Napoleonic wars, and starting even more science. And then, when everyone else was fighting 2 world wars, Sweden was just sitting there, playing with it's rocks. \nIt really is notable how much Sweden with a population of today only 10 million, has contributed so much to science. But Sweden was simply more of a power back in the day. \nAlso worth noting that it was one guy who proved a lot of these elements.", ">\n\nEntire planet has been bombarded by asteroids and comets it’s likely many places have these. It’s the environmental cost of extracting them being the issue.", ">\n\nThat’s not how geology works. The entire surface of our planet has been reworked and recycled continuously since at least 500 million years after the late heavy bombardment. Where mineral deposits are now has to do with all of the geology that’s happened since then: plate tectonics, hot spot magmatism, weathering, etc.", ">\n\nYet the idea of the post is correct. Rare Earth deposits are, in opposite to their names, not actually rare. The real reason a few countries produce most of the worldwide demand is that purifying the material leaves a lot of toxic sludge and most countries don't want to deal with that.\nOther countries like china don't give a fuck about producing masses of toxic stuff so they like to fill the role of the provider.", ">\n\nChina has some special deposits where rare earths can be or have been produced as a byproduct of iron mining. From an economic standpoint, you can’t beat a byproduct as a primary producer. The deposit they are working (Bayan Obo) is absolutely enormous, so the byproduct rare earths filled the market demand nicely until demand really ramped up. There are lots of small rare earth occurrences all over the world, but you have to beat the economics to make it worthwhile. The US finally reopened Mountain Pass last year after not having an active rare earth mine for decades. It’s not that the only thing China had going for it was weak environmental regulations… that definitely helped, but Bayan Obo is just so massive (40% of the ENTIRE WORLD’S known REE reserves in ONE deposit—basically unparalleled in resource geology) and rare earths can be produced as a byproduct there, so even without the regulations, other nations’ rare earth deposits just paled in comparison and it wasn’t worth it to mine them.", ">\n\nAs I understood it, this deposit is extremely rich in rare earth metals. 0.18% I believe it was. And it is really rich in iron, phosphorus and fluorine which will be mined as well. So, there will be many byproducts.", ">\n\nGet them into NATO asap!" ]
> How are they doing on that democracy? I'm sure we could bring them a little more.
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip", ">\n\nOk, Denmark.", ">\n\nThey call it that in the UK too apparently.", ">\n\nSwedish geologist here who can provide a bit of context to this. As it happens my main field is rare earth elements (REE), and their formation within these types of ores that they are talking about. I have no connection to LKAB, the state owned mining firm that announced the discovery. \nWhile they are hailing this as a deposit of REEs what it most likely is is a greenwashing by the Swedish state, and LKAB to more easily sell the public on more iron mining, as this is really just yet another iron ore that happens to have a high content of REE. Shockingly high to be honest, almost enough to make me a bit skeptical that they hadn’t misplaced a decimal in the press release. \nThe major iron ore deposits that are mined in the Kiruna area, Kirunavaara, Malmberget and so on are what are known as iron-oxide apatite deposits. These occur in other places in Sweden, including central Sweden, Grängesberg, Blötberget to name a couple, and in the world. They are rich in, well, iron, as well as the mineral apatite, which containes abundant phosphorus. Phosphate minerals like apatite have a habit of acting as sort of a vacuum for REEs, enriching them in thes iron ores. These deposits also contain other REE minerals, xenotime, monazite, allanite.\nNow why do I suggest that this is greenwashing? Well REEs are a hot topic right now due to being metals that are critical in transitioning to green technology, as well as other high tech uses. \nThe currently mined iron oxide apatite mines up right next door to this new ore body also are rich in REE. Not as rich, but they come out to be about 0.07 percent on average in these ores, but the sheer volume of ore means that the potential tonnage is high. But they aren't hailed in the media as a harbinger of European REE independance. \nNow, apatite and its phosphorus is not wanted in iron, so when the iron ore is crushed and enriched on site, it produces a waste sand known as tailings, which are then dumped in ponds near to the mine. The tailings are enriched in the apatite and other REE rich minerals, as the iron has been taken out. \nJust the tailings pond in Kiruna, which amount to 76 million tonnes of tailings (as of 2019) have been measured to contain 0.12% REE. Pretty close to what is reported from this new deposit. Combined with other tailings repositories in the area, it is potentially hundreds of thousands of tonnes of REE just sitting there, ready to go more or less, already mined and crushed. They could easily be exploiting that resource if they were serious about REE production. To be fair, there are projects working on it, but it is still small scale pilot projects.\nBut they don't get splashy international headlines because like I said, I doubt this is really about them hot to mine REE. It is because they want to get at the easy to extract, easy to process iron fast, so the Swedish government makes a big announcement, to sell this as an REE deposit and try and get mining it faster, and wrapping it up in a big green bow to try and make the environmentalists and the Sami keep quiet.", ">\n\n\ntry and make the Sami keep quiet. \n\nA time honoured Swedish tradition.", ">\n\nWhat is the Sami?", ">\n\nThey are the original indigenous people of the far north of Fennoscandia, inhabiting the northern parts of Norway, Sweden and Finland. Culturally and linguistically they are somewhat related to the Finns, but were traditionally nomadic. They were displaced north progressively by the Germanic Scandinavians and Christian Finns from the south, and then starting in the 1800s they suffered a similar kind of treatment as indigenous people in other parts of the world, including discrimination, forced assimilation practices and attempts to erase their cultures and languages.\nToday they are recognised as the indigenous people of the north and have some autonomy and protection, but there is a long history in Sweden and the other Nordic countries of ignoring and mistreating them. That is what OP was referring to. The Sami lands are rich in many minerals, and also are home to a lot of hydroelectric capacity, and that means that their lands have suffered negatively from an environmental perspective despite their opposition.", ">\n\n\noriginal indigenous people \n\nvery far from, komsa culture is more than 8000 years before, they are indigenous because they were inhabitants before the countries were officially countries", ">\n\nThe Sami settled from the East, Bronze Age swedes from the South. They were mixed for many centuries, with the \"forest Sami\" living as far South as Dalarna. The Sami would have a nomadic or semi-nomadic culture not far from settled farmers. Meanwhile, the southern Swedes settled the Baltic Sea coast quite early on, even pretty far up north. The area around e.g. Kiruna was colonized later in a more intentional way.", ">\n\nyes, but komsa people settled north of samis/kvens before that", ">\n\n\nArchaeological evidence indicates that the Komsa culture was almost exclusively sea-oriented, living mainly off seal hunting and being able boat-builders and fishermen.\n\nAlso, they lived along the Norwegian coast, so they didn't really have contact with the farmers who came later.", ">\n\nBad news for China, good news for world balance.", ">\n\nAgreed. You have to deal with the Thorium and Uranium content in many of the ores, not to mention all the other toxic waste produced separating the different rare earth oxides. The reason why China dominates the processing of the ores is because, it frankly does not care as much about toxicity/radioactivity/environment. Also the 8 or so major rare earth processing companies in China have some state ownership and are heavily subsidized (China considers rare earths to be a national security issue). As such, Chinese rare earth producers can undercut almost all others when it comes to the price of the oxides and pure metals. I doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China. Whether they can make the money from selling the ore really boils down to the type of rare earths found in the deposit. The largest rare earth miner in the US (out West) still has not turned a profit.", ">\n\n\nI doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China.\n\nWe are actually. More specifically, LKAB is planning to do so in Norway, in partnership with Norwegian company Reetec. There's also plans to do some processing in a new industrial park in north Sweden near this mine. Here's an article in Swedish about it.", ">\n\nWell then Kudos to Sweden and Norway! Well done! I wish the US government had the courage to do what is necessary for US miners.", ">\n\nThey already did. They are restoring Mountain Pass Mine (an huge deposit) on government dime/US environment. \nIt is likely only to be used for military use however, ensuring we got proper amount of RE for bombs if we go to war with China. \nIt isn't gonna make your Iphone cheaper :)", ">\n\n> It isn't gonna make your Iphone cheaper :) \nIt might. If the US military is buying less rare earths on the international market then that reduces the demand on that source.", ">\n\nthat indirect reduction in materials cost will not translate into savings for you", ">\n\nYeah. Bidens release of strategic petroleum didn't lessen the prices OR make a profit. Nothing matters, give your money to Lrrr.\nEdit: god fukin dammit here ya go: /s. \nCan you not find an obscure Futurama reference as enough of a \"/s\"?", ">\n\nUh, the US made billions off those sales, because they were selling oil for $97 that was bought for a whole lot less than that. Now that prices are down in the $70s they're starting to buy it back. Buy low, sell high, that's sort of how it is supposed to work, right?", ">\n\nGiven that Yttrium - a rare-earth element- was discovered in a Swedish village, this is not all that surprising.", ">\n\nI feel like I'm in a Dr Seuss science class", ">\n\nMmm, green eggs and yttribrebiumxcjasdfjhjkl", ">\n\nCheers I'm sat by myself in a hotel restaurant and just laughed out maniacally. Earned some very odd looks", ">\n\nWell now they have a reason to rush their nato membership, before someone declares this Russian", ">\n\nIt's Turkey holding it up, they're trying to blackmail Sweden and Finland into declaring anyone they don't like terrorists. They also don't seem to get the concept of an independent judiciary, as they're also demanding the Swedish government extradite a few journalists and kurds - which isn't really up to the government, even if they wanted to do it.", ">\n\nHungary hasn’t ratified it yet either", ">\n\nHungary can go eat a bag of dicks and watch themselves become part of the CCCPv2.0. Turkey has actual strategic value given its location spanning Europe and Asia, as well as a respectable military.", ">\n\nFinland and Sweden for Hungary is a no-brainer.", ">\n\n[Heyman] NATO has acquired Finland and Sweden in exchange for Hungary and a Baltic state to be named later. Deal is pending physical.", ">\n\n\n[Heyman] NATO has acquired Finland and Sweden in exchange for Hungary and a Baltic state to be named later. Deal is pending physical.\n\nCarlos Correa in a NATO uniform on the front page of ESPN tomorrow?", ">\n\nAren't there like 5 elements isolated from the samples of a single mine?", ">\n\n9 elements actually. 4 of them are named after the town Ytterby. Yttrium, Ytterbium, Terbium, Erbium, Holmium, Skandium, Tulium, Gadolinium, Tantalum*.", ">\n\nWhat are the reasons that it's all pretty much located there? I mean good for Sweden but I want some too? ;/ oh well guess I'll just live my life without any rare earth elements then.", ">\n\nWell it's not that they only exist there, that's just where they were discovered for the first time. The reason it's so many different ones is because of how they naturally occur in the first place. If you find one of them, you're very likely to find most of the others in the mix as well. That's why you always see them referred to by the group name and not by their individual names.", ">\n\nGreat insight thanks!", ">\n\nAlso worth noting that Sweden \"just\" went from being a major empire, to an age of liberty and science, to fight on the winning side of the Napoleonic wars, and starting even more science. And then, when everyone else was fighting 2 world wars, Sweden was just sitting there, playing with it's rocks. \nIt really is notable how much Sweden with a population of today only 10 million, has contributed so much to science. But Sweden was simply more of a power back in the day. \nAlso worth noting that it was one guy who proved a lot of these elements.", ">\n\nEntire planet has been bombarded by asteroids and comets it’s likely many places have these. It’s the environmental cost of extracting them being the issue.", ">\n\nThat’s not how geology works. The entire surface of our planet has been reworked and recycled continuously since at least 500 million years after the late heavy bombardment. Where mineral deposits are now has to do with all of the geology that’s happened since then: plate tectonics, hot spot magmatism, weathering, etc.", ">\n\nYet the idea of the post is correct. Rare Earth deposits are, in opposite to their names, not actually rare. The real reason a few countries produce most of the worldwide demand is that purifying the material leaves a lot of toxic sludge and most countries don't want to deal with that.\nOther countries like china don't give a fuck about producing masses of toxic stuff so they like to fill the role of the provider.", ">\n\nChina has some special deposits where rare earths can be or have been produced as a byproduct of iron mining. From an economic standpoint, you can’t beat a byproduct as a primary producer. The deposit they are working (Bayan Obo) is absolutely enormous, so the byproduct rare earths filled the market demand nicely until demand really ramped up. There are lots of small rare earth occurrences all over the world, but you have to beat the economics to make it worthwhile. The US finally reopened Mountain Pass last year after not having an active rare earth mine for decades. It’s not that the only thing China had going for it was weak environmental regulations… that definitely helped, but Bayan Obo is just so massive (40% of the ENTIRE WORLD’S known REE reserves in ONE deposit—basically unparalleled in resource geology) and rare earths can be produced as a byproduct there, so even without the regulations, other nations’ rare earth deposits just paled in comparison and it wasn’t worth it to mine them.", ">\n\nAs I understood it, this deposit is extremely rich in rare earth metals. 0.18% I believe it was. And it is really rich in iron, phosphorus and fluorine which will be mined as well. So, there will be many byproducts.", ">\n\nGet them into NATO asap!", ">\n\nCan't we just invade them instead?\n/s" ]
> I'm pretty sure they got a lot of socialism and could use a nice big influx of freedom as a gift from the good ole U-S-of-A.
[ "Welcome to NATO!", ">\n\nI wonder if it was kept under wraps until this very moment as a bargaining chip.", ">\n\n'This huge deposit of rare valuable Materials were just sitting there, in the vault... no one knew... honestly.' \n-Sweden", ">\n\n\"To our surprise they were already forged, purified and polished\"", ">\n\n\"And they had Swiss markings.\"", ">\n\n\"Which is good because we are Swiss\"\nI am stupid.....", ">\n\nSwitzerland is where the 'Swiss' live.\nSweden is where the 'Swedes' live. \nSource: I am descended from 'Swedes'.", ">\n\nSwede is also a kind of turnip", ">\n\nOk, Denmark.", ">\n\nThey call it that in the UK too apparently.", ">\n\nSwedish geologist here who can provide a bit of context to this. As it happens my main field is rare earth elements (REE), and their formation within these types of ores that they are talking about. I have no connection to LKAB, the state owned mining firm that announced the discovery. \nWhile they are hailing this as a deposit of REEs what it most likely is is a greenwashing by the Swedish state, and LKAB to more easily sell the public on more iron mining, as this is really just yet another iron ore that happens to have a high content of REE. Shockingly high to be honest, almost enough to make me a bit skeptical that they hadn’t misplaced a decimal in the press release. \nThe major iron ore deposits that are mined in the Kiruna area, Kirunavaara, Malmberget and so on are what are known as iron-oxide apatite deposits. These occur in other places in Sweden, including central Sweden, Grängesberg, Blötberget to name a couple, and in the world. They are rich in, well, iron, as well as the mineral apatite, which containes abundant phosphorus. Phosphate minerals like apatite have a habit of acting as sort of a vacuum for REEs, enriching them in thes iron ores. These deposits also contain other REE minerals, xenotime, monazite, allanite.\nNow why do I suggest that this is greenwashing? Well REEs are a hot topic right now due to being metals that are critical in transitioning to green technology, as well as other high tech uses. \nThe currently mined iron oxide apatite mines up right next door to this new ore body also are rich in REE. Not as rich, but they come out to be about 0.07 percent on average in these ores, but the sheer volume of ore means that the potential tonnage is high. But they aren't hailed in the media as a harbinger of European REE independance. \nNow, apatite and its phosphorus is not wanted in iron, so when the iron ore is crushed and enriched on site, it produces a waste sand known as tailings, which are then dumped in ponds near to the mine. The tailings are enriched in the apatite and other REE rich minerals, as the iron has been taken out. \nJust the tailings pond in Kiruna, which amount to 76 million tonnes of tailings (as of 2019) have been measured to contain 0.12% REE. Pretty close to what is reported from this new deposit. Combined with other tailings repositories in the area, it is potentially hundreds of thousands of tonnes of REE just sitting there, ready to go more or less, already mined and crushed. They could easily be exploiting that resource if they were serious about REE production. To be fair, there are projects working on it, but it is still small scale pilot projects.\nBut they don't get splashy international headlines because like I said, I doubt this is really about them hot to mine REE. It is because they want to get at the easy to extract, easy to process iron fast, so the Swedish government makes a big announcement, to sell this as an REE deposit and try and get mining it faster, and wrapping it up in a big green bow to try and make the environmentalists and the Sami keep quiet.", ">\n\n\ntry and make the Sami keep quiet. \n\nA time honoured Swedish tradition.", ">\n\nWhat is the Sami?", ">\n\nThey are the original indigenous people of the far north of Fennoscandia, inhabiting the northern parts of Norway, Sweden and Finland. Culturally and linguistically they are somewhat related to the Finns, but were traditionally nomadic. They were displaced north progressively by the Germanic Scandinavians and Christian Finns from the south, and then starting in the 1800s they suffered a similar kind of treatment as indigenous people in other parts of the world, including discrimination, forced assimilation practices and attempts to erase their cultures and languages.\nToday they are recognised as the indigenous people of the north and have some autonomy and protection, but there is a long history in Sweden and the other Nordic countries of ignoring and mistreating them. That is what OP was referring to. The Sami lands are rich in many minerals, and also are home to a lot of hydroelectric capacity, and that means that their lands have suffered negatively from an environmental perspective despite their opposition.", ">\n\n\noriginal indigenous people \n\nvery far from, komsa culture is more than 8000 years before, they are indigenous because they were inhabitants before the countries were officially countries", ">\n\nThe Sami settled from the East, Bronze Age swedes from the South. They were mixed for many centuries, with the \"forest Sami\" living as far South as Dalarna. The Sami would have a nomadic or semi-nomadic culture not far from settled farmers. Meanwhile, the southern Swedes settled the Baltic Sea coast quite early on, even pretty far up north. The area around e.g. Kiruna was colonized later in a more intentional way.", ">\n\nyes, but komsa people settled north of samis/kvens before that", ">\n\n\nArchaeological evidence indicates that the Komsa culture was almost exclusively sea-oriented, living mainly off seal hunting and being able boat-builders and fishermen.\n\nAlso, they lived along the Norwegian coast, so they didn't really have contact with the farmers who came later.", ">\n\nBad news for China, good news for world balance.", ">\n\nAgreed. You have to deal with the Thorium and Uranium content in many of the ores, not to mention all the other toxic waste produced separating the different rare earth oxides. The reason why China dominates the processing of the ores is because, it frankly does not care as much about toxicity/radioactivity/environment. Also the 8 or so major rare earth processing companies in China have some state ownership and are heavily subsidized (China considers rare earths to be a national security issue). As such, Chinese rare earth producers can undercut almost all others when it comes to the price of the oxides and pure metals. I doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China. Whether they can make the money from selling the ore really boils down to the type of rare earths found in the deposit. The largest rare earth miner in the US (out West) still has not turned a profit.", ">\n\n\nI doubt Sweden is going into rare earth processing, so it would most likely have to make its money from selling the crude ore to China.\n\nWe are actually. More specifically, LKAB is planning to do so in Norway, in partnership with Norwegian company Reetec. There's also plans to do some processing in a new industrial park in north Sweden near this mine. Here's an article in Swedish about it.", ">\n\nWell then Kudos to Sweden and Norway! Well done! I wish the US government had the courage to do what is necessary for US miners.", ">\n\nThey already did. They are restoring Mountain Pass Mine (an huge deposit) on government dime/US environment. \nIt is likely only to be used for military use however, ensuring we got proper amount of RE for bombs if we go to war with China. \nIt isn't gonna make your Iphone cheaper :)", ">\n\n> It isn't gonna make your Iphone cheaper :) \nIt might. If the US military is buying less rare earths on the international market then that reduces the demand on that source.", ">\n\nthat indirect reduction in materials cost will not translate into savings for you", ">\n\nYeah. Bidens release of strategic petroleum didn't lessen the prices OR make a profit. Nothing matters, give your money to Lrrr.\nEdit: god fukin dammit here ya go: /s. \nCan you not find an obscure Futurama reference as enough of a \"/s\"?", ">\n\nUh, the US made billions off those sales, because they were selling oil for $97 that was bought for a whole lot less than that. Now that prices are down in the $70s they're starting to buy it back. Buy low, sell high, that's sort of how it is supposed to work, right?", ">\n\nGiven that Yttrium - a rare-earth element- was discovered in a Swedish village, this is not all that surprising.", ">\n\nI feel like I'm in a Dr Seuss science class", ">\n\nMmm, green eggs and yttribrebiumxcjasdfjhjkl", ">\n\nCheers I'm sat by myself in a hotel restaurant and just laughed out maniacally. Earned some very odd looks", ">\n\nWell now they have a reason to rush their nato membership, before someone declares this Russian", ">\n\nIt's Turkey holding it up, they're trying to blackmail Sweden and Finland into declaring anyone they don't like terrorists. They also don't seem to get the concept of an independent judiciary, as they're also demanding the Swedish government extradite a few journalists and kurds - which isn't really up to the government, even if they wanted to do it.", ">\n\nHungary hasn’t ratified it yet either", ">\n\nHungary can go eat a bag of dicks and watch themselves become part of the CCCPv2.0. Turkey has actual strategic value given its location spanning Europe and Asia, as well as a respectable military.", ">\n\nFinland and Sweden for Hungary is a no-brainer.", ">\n\n[Heyman] NATO has acquired Finland and Sweden in exchange for Hungary and a Baltic state to be named later. Deal is pending physical.", ">\n\n\n[Heyman] NATO has acquired Finland and Sweden in exchange for Hungary and a Baltic state to be named later. Deal is pending physical.\n\nCarlos Correa in a NATO uniform on the front page of ESPN tomorrow?", ">\n\nAren't there like 5 elements isolated from the samples of a single mine?", ">\n\n9 elements actually. 4 of them are named after the town Ytterby. Yttrium, Ytterbium, Terbium, Erbium, Holmium, Skandium, Tulium, Gadolinium, Tantalum*.", ">\n\nWhat are the reasons that it's all pretty much located there? I mean good for Sweden but I want some too? ;/ oh well guess I'll just live my life without any rare earth elements then.", ">\n\nWell it's not that they only exist there, that's just where they were discovered for the first time. The reason it's so many different ones is because of how they naturally occur in the first place. If you find one of them, you're very likely to find most of the others in the mix as well. That's why you always see them referred to by the group name and not by their individual names.", ">\n\nGreat insight thanks!", ">\n\nAlso worth noting that Sweden \"just\" went from being a major empire, to an age of liberty and science, to fight on the winning side of the Napoleonic wars, and starting even more science. And then, when everyone else was fighting 2 world wars, Sweden was just sitting there, playing with it's rocks. \nIt really is notable how much Sweden with a population of today only 10 million, has contributed so much to science. But Sweden was simply more of a power back in the day. \nAlso worth noting that it was one guy who proved a lot of these elements.", ">\n\nEntire planet has been bombarded by asteroids and comets it’s likely many places have these. It’s the environmental cost of extracting them being the issue.", ">\n\nThat’s not how geology works. The entire surface of our planet has been reworked and recycled continuously since at least 500 million years after the late heavy bombardment. Where mineral deposits are now has to do with all of the geology that’s happened since then: plate tectonics, hot spot magmatism, weathering, etc.", ">\n\nYet the idea of the post is correct. Rare Earth deposits are, in opposite to their names, not actually rare. The real reason a few countries produce most of the worldwide demand is that purifying the material leaves a lot of toxic sludge and most countries don't want to deal with that.\nOther countries like china don't give a fuck about producing masses of toxic stuff so they like to fill the role of the provider.", ">\n\nChina has some special deposits where rare earths can be or have been produced as a byproduct of iron mining. From an economic standpoint, you can’t beat a byproduct as a primary producer. The deposit they are working (Bayan Obo) is absolutely enormous, so the byproduct rare earths filled the market demand nicely until demand really ramped up. There are lots of small rare earth occurrences all over the world, but you have to beat the economics to make it worthwhile. The US finally reopened Mountain Pass last year after not having an active rare earth mine for decades. It’s not that the only thing China had going for it was weak environmental regulations… that definitely helped, but Bayan Obo is just so massive (40% of the ENTIRE WORLD’S known REE reserves in ONE deposit—basically unparalleled in resource geology) and rare earths can be produced as a byproduct there, so even without the regulations, other nations’ rare earth deposits just paled in comparison and it wasn’t worth it to mine them.", ">\n\nAs I understood it, this deposit is extremely rich in rare earth metals. 0.18% I believe it was. And it is really rich in iron, phosphorus and fluorine which will be mined as well. So, there will be many byproducts.", ">\n\nGet them into NATO asap!", ">\n\nCan't we just invade them instead?\n/s", ">\n\nHow are they doing on that democracy? I'm sure we could bring them a little more." ]