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Audiobook7 hours
Red Alert: How China's Growing Prosperity Threatens the American Way of Life
Written by Gregory Dorsey and Stephen Leeb
Narrated by Brian Bascle
Rating: 4.5 out of 5 stars
4.5/5
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About this audiobook
"I would caution readers to dismiss Stephen Leeb's warnings only at their peril."
-Thomas Kaplan, chairman, Tigris Financial Group
The American Dream is close to being replaced by a living nightmare:
Peppered with startling statistics, charts, and evidence of how China continues to expand its economic reach, RED ALERT is both controversial and powerful in its scope.
-Thomas Kaplan, chairman, Tigris Financial Group
The American Dream is close to being replaced by a living nightmare:
- Key commodities that are essential to our daily lives and that are widely believed to be abundant are running critically short. Even worse, the Chinese are doing what they can to monopolize the world's dwindling resources.
- The U.S. is now largely dependent on our greatest economic rival for rare earth elements as well as a host of other minerals-all of which are absolutely essential to the development of alternative energies and are critically important for our defense industry, computers, cell phones, and other electronic devices.
- While America has been fighting wars in Iraq and Afghanistan, China has focused its substantial muscle on securing vital commodities from these and other lands to upgrade its infrastructure and industrial strength to meet the resource challenge head-on.
- China has wrapped itself in the green flag of combating climate change while systematically discouraging other nations from adopting similar policies in a bid to gain time to achieve its plans.
Peppered with startling statistics, charts, and evidence of how China continues to expand its economic reach, RED ALERT is both controversial and powerful in its scope.
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Reviews for Red Alert
Rating: 4.333333333333333 out of 5 stars
4.5/5
3 ratings1 review
- Rating: 5 out of 5 stars5/5America is in a race with China that will go a long way toward determining our future quality of life. Few Americans know that this race is underway.World supplies are growing very tight of certain key minerals (sometimes called strategic minerals) that are absolutely vital for the smooth running of a 21st century economy. Names like neodymium, europium, indium and niobium may sound very boring, but you can't run a high-tech economy without them. China has spent years, and a lot of money around the world, getting its hands on every bit of such materials that it can find. China is doing it not just to keep their economy growing, but because, one day, the supply will run out, and they want to be in the driver's seat.For a number of other, equally important, minerals, of which America imports all of its supply, the world's biggest supplier is China. The American attitude is that technology will save the day. How is that going to happen if China decides that some vital mineral will be much less available?Estimates put the cost of the wars in Iraq and Afghanistan at nearly $3 trillion. Even a portion of that money would have been much better spent on renewable energy, especially solar energy. China is the world leader in making solar panels, and their lead widens every day. How can America have any hope of catching up when federal investments are in the hundreds of millions of dollars (at the most), and China's investments are in the billions of dollars?Everyone has seen pictures of acres and acres of electronic equipment dumped all over China. The methods to extract the metals inside may be low-tech and toxic, but even a small amount of gold, for instance, per monitor, multiplied by millions of monitors, is a substantial amount of gold that China can use elsewhere.America can not depend on new sources of oil to power its economy, because the authors assert that "peak oil" has arrived. It is the point at which the era of "easy" oil extraction has ended, and any new discoveries will be harder and harder to extract ("Drill, baby, drill" is simplistic, at best).This is a fascinating and very important book. It is very much worth reading for all Americans, and especially for all members of Congress.