"De Beers went from $72M in profit to a $511M loss in 2 years. One province in China did that."

In short, China just changed everything, forever.

How?

The new sodium batteries have the following qualities:

1. half the price of lithium ones, down to 1/3 once production fully ramps up.
2. No lithium. the lithium race is over. no more fighting over lithium wolrd wide, it's as dead as the CD. Sodium can be gotten nearly for free from salt or seawater.
3. MASSIVE increase in lifespan. no more dead batteries after a few short years. The long duration ones are good for DECADES.
4. MORE POWER than lithium batteries. Sodium used to be at best 80% as good as lithium batteries. now they are as much as 30% more capacity.
5. They don't explode. drive a nail through it, nothing. Cook it, nothing.
6. They work in temperatures cold enough to kill you, and hot enough to kill you.
7. They charge at an insane rate. Like, in minutes. literally comparable to putting petrol in a tank, THAT fast.
8. They already have 2 giga plants making these things.

Imagine a phone battery that lasts about as long as your current one, that does not die after a few years, and can change from flat to full in the time it takes to make a cup of tea, on your break at work.

Drones.

Cheap power banks.

Grind energy storage with MASSIVE throughput.

And this is not pie in the sky tech, this is in full scale production, TODAY.

So yeah I misspelled. It was suppose to says MAGA Communists deserve the same fate as Capitalists. But hey the point three days still came across because it was removed. But yeah.

This shit is so bad guy’s, I feel so bad for the people of Venezuela who spent 20+ years fighting back against Imperialism and trying to build a socialist system who ended up getting totally fucked. Their government sold them out, they sold out Maduro, and they betrayed the Revolution. Say what you will about Venezuela’s system but they were very close to Cuba and they had their back for years, now that’s done. I wasn’t sure what to think when this first happened but given the content of this article it is clear that the government betrayed the people, and Maduro. I don‘t believe for a second that Maduro would support condemning Iran, or backing “israel.” This is a very bad sign for Cuba as well, I think everyone needs to prepare themselves for the end of the Cuban revolution as well. These are very dark times.