Malthus was right, sort of...
Yup, spot on with the not so rare earths. The thing that I noticed was that the whole thing was being portrayed as 'peak rare earth' and as an example of the resource shortages we're bound to have over the next few decades if we don't mend our filthy capitalist ways.
I used to be a closet Malthusian and was convinced that there were going to be fundamental problems in supporting the planets population at a European standard of living. In recent years I've been changing my mind and have gradually come to the conclusion that technology may yet save us all. Not in a dramatic fashion, but just by steady incremental change that lets us do more with less and re-use what was once 'rubbish' and process by-product.
After all, in a sense, Malthus was right, we are resource constrained. But perhaps he didn't realise that actually, the most limiting resource is technology. With the right technology you can do an awful lot with very little, all you need then is the market to drive innovation.
Oh God, I've turned into a neo liberal.....