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A comment on China Plans to Ban Exports of Rare Earth Magnet Tech. Parent comment

Re:China Plans to Ban Exports of Rare Earth Magnet Tech by basilgohar on Wednesday April 05, 2023 @09:17PM (#35462837)
As long as many companies continue to make year-on-year record profits, I reject that prices are a product solely of non-Democratic countries' impossibly cheap labor.
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Re:China Plans to Ban Exports of Rare Earth Magnet Tech by rurp on Wednesday April 05, 2023 @11:03PM (#35463609)
In addition to that, a large portion of necessary spending is unaffected by outsourcing. A person can their spending on clothes or electronics quite low if needed; but housing, food, and energy costs are largely driven by domestic circumstances.
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Re:China Plans to Ban Exports of Rare Earth Magnet Tech by xwdv on Thursday April 06, 2023 @05:19AM (#35466094)
Yes but overwhelmingly it’s the unnecessary spending that brings joy to people’s lives.
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