• Processing is an energy–intensive process which is usually done in multiple steps and in different facilities.
• China is the largest producer of raw and finished steel due to subsidies and low–interest loans.
• There are already plenty of social and technological anti-bot filters, and fear of backlash will limit adoption.
• Russia imports raw materials, uses their cheap power and coal to process and exports the value–added materials.
• The world is facing a crisis due to the economic, demographic and security issues in China and Russia.
• We need to prepare for a system where materials from these two countries face a significant decrease in production.
• It suggests that chatbots could be used to trick people into believing they are talking to a real person.
• February 17th webinar explores the economic implications of the Ukraine war and Russian minerals processing.
Published February 3, 2023
Visit YouTube to watch Peter Zeihan’s original vlog Material Processing: The Redheaded Stepchild
