LYC lynas rare earths limited

https://www.9news.com.au/world/taiwan-election-2024-what-poll-mea...

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    https://www.9news.com.au/world/taiwan-election-2024-what-poll-means-for-australia/b4aed56a-6baf-4fdc-a4ac-737e177881f8
    a usually standard article on Taiwan. But it mentions decades of prosperity . Ive been there nine times and in the last 20 years the economy overall gradually has gotten worse. The cities and infastructure are old. There is little government funds for public expenditure. Huge wage stagnation with huge rising costs. The people there are more " cool" than in the islands heyday because of China starving the island of once booming tourism to boycotting goods and their services. China has done a huge job on Taiwan already. Whilst the older voters went for the safeguards of just living under Chinas watch by voting blue .The younger ones are agitated with poor wages, unaffordable accommodation costs and have sent China a clear message. IMO things can go two ways. They get so poor they quietrn down to not upset the dragon or political self interest will harness public anger and ramp up the rhetoric of more self determination and recognition as Taiwan and not Chinese Taipei. In go the Chinese, since the UN cant even say the word Taiwan and will do nothing, and the island becomes another Hong Kong. Taiwan is not going through prosperity as much as we think because of chips andsemi conductors, computers being made there. Once that technology is relocated the more the two systems one country alliance will stay and Chinese Taipei will remain so. But Taiwan will not remain the status quo. It will get much, much poorer as now - or more political and President Xi will then move in as with Hong Kong. Dont let articles above fool you. The prospering days have long gone - and Xi wants to make his mark. Meanwhile the yanks wish to empty the place before that like TSMC. The only question on my mind is how quick does one of these scenarios play out.
 
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