• miz [any, any]@hexbear.net
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    17 hours ago

    gosh this would seem to indicate western capital markets aren’t allocating resources properly, but we all know that’s impossible ha ha ha ha ha

    • Simon 𐕣he 🪨 Johnson@lemmy.ml
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      9 hours ago

      This is actually the “find out phase” from trade war. China strategic export bans prevent antimony from being available. China dual use export bans prevent any entity on the dual-use list (mostly defense contractors) from exporting dual-use materials out of China, which is the TNT and nitrocellulose shortage. At the same time demand has been constantly increasing because the US supplies Ukraine and has depleted its stockpiles significantly.

      The focus and pretense that Chinese exports aren’t used for NatSec reasons pretends that these materials are available for purchase for military use which is not the case.

      These export controls have been a direct response to CHIPS and Tariffs (e.g. the red-blue bipartisan trade war).

    • IHave69XiBucks@lemmygrad.ml
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      14 hours ago

      Sadly because of how capitalism works that just means they’ll be scaling up production for munitions and then if demand ever falls again instead of scaling back they’ll just lobby for even more war to meet their new capacity. The invisible hand demands blood.

      • D61 [any]@hexbear.net
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        9 hours ago

        More like… lots of empty shells sitting in warehouses waiting to be filled with explosives.

        And still waiting on fuses to catch up to empty shell production.