American Reacts How Sweden Is Becoming Insanely Rich

Original Video: • How Sweden Is Becoming...
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#sweden
#rich
#naturalresources
#swedish
#economy
#europe
#fern
#american
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#americanreacts
#reaction
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[@stefan7285]

As a swede i can asure everybody that we will absolutley not become insanley rich in any way shape or form.

[@rositawangdahl457]

😂😂 sant

[@Xerdoz]

Sweden can expect tens of thousands of African doctors and scientists a year which is going to cost a lot.

[@captain_context9991]

@@Xerdoz There are not enough doctors in Sweden, so they are invited to come in from other countries. HOW does that cost a lot of money? I have worked and lived in Sweden and you people say the weirdest, most naive stuff. If Sweden isnt a good country to live in... Then what is.

[@captain_context9991]

Sweden will obviously benefit greatly from this, but this guy that made this video is just a random American kid trying to make a big deal out of completely normal things that he does not understand.

[@stefan7285]

Yes, i understand that. I just replied because of how disgustingly bad this country has been run the last decades by globalistic governing. We finally got a self loving nationalist party to have some say but i fear it´s all but too late. Even if we would strike "gold" there are plenty of holes to put it in created by our leaders. @@captain_context9991

[@emileriksson76]

There is a lot of what ifs in this video. Yes, if the potential of the find is realized, Sweden could provide Europe with all or most of the rare earth minerals needed for the clean energy transformation that is coming. BUT, that is not known right now. Norway also has made finds recently. Between the two nations, there is some real potential. There is no denying that. But the video didn't include timescale. Even if the finds are what we hope, it will still take a decade or two to get to production and cash in. As a Swede I'm certainly crossing my fingers hoping for the best.

[@Dennan]

i think its time we unite with our norweigan brothers. let the nordic empire commence.

[@ArtKet88]

In Cost of drivning away our indigenous even more from ther land that sweden not want to acknowledge and does not sweden doesn't even have a program in school about our real aborigines that could teach us real facts and what europe was like before sweden became sweden. instead, they push technological value over people's. Etc

[@victorcapel2755]

South America has a lot, and I mean a lot, of Lithium. The Atacama desert (on the border of Argentina, Bolivia and Chile, often refered to as the ABC-triangle) is one of the best places on earth for it. The problem is that it's also one of the absolute driest places on earth and a place where the radiation from the sun acctually fries electrical cables on a regular basis. The area is outright hostile to human habitation, so there are very little in form of infrastrucure or population centers anywhere near the place. (Those things also makes it one of the best place on the planet to do stargazing in, on the fringes of the desert. It's on a high altitude, the complete absence of water vapor makes the skies clear all the time and the lack of light pollution works well). The main benefit of the Swedish deposits is not that it's big, it's that it is next to existing, working mining infrastructure. The rail links to harbours are already there, as is of course the harbours (Narvik in Norway, connected by the Malmbanan, or Ore line, rail link from Sweden is the Atlantic harbour for global trade, and for export to Germany or Poland, the port of Luleå on the Baltic is also connected), there is an experienced and well educated workforce already in the area, and roads big enough to carry heavy mining equipment are already in place. The Swedes have been mining Iron there for centuries already.

[@tobias_dahlberg]

Yes, yes, yes! This is the big thing here. Most of what is difficult to set up is already there. This means it is much, much cheaper to get going there as opposed to finding a deposit in a country where you have no infrastructure or experience of mining.

[@Gurra_Gforce]

Fun fact: LKAB (amoung others) Is the largest producers of gold and dimonds in Europe, by it's waste-finds

[@1991beachboy]

I've already seen/heard some people talk about how succesful working in the mining industry is here in Sweden. Some people are leaving their ordinary jobs to instead work in the mining sector simply because the pay is so much better. That especially goes true for northern Sweden. But I think we'll see some huge changes in the future where we depend a lot less on China.

[@Naffurie]

old friend of mine moved up from Stockholm to work in the mines in Kiruna and yea, the pay is so much better than anything he could get in most other places.

[@astarothnyarlathotep3815]

@@Naffurie Same experience.

[@ThomasVanhala]

So we circulates back to Sweden where the first rare earth elements was discovers back in 1787. Ytterby in the Stockholm achipelago is where it started.

[@johankaewberg8162]

Yep. Terbium, Erbium, Yttrium, Ytterbium (see a connection?)

[@znail4675]

@@johankaewberg8162 That is not even the complete list, they just ran out of creative ways to reuse the same name.

[@robert4you]

12:28 Hahaha... 😂😂😂 Really like your sarcasm there, buddy 😉

[@ThrowTop]

Saying that the womens english is amazing is an insult to swedish education (not actually, getting offended by compliments is stupid). literally everyone in sweden speaks equally good english. in sweden, english is as important in school as learning swedish is.

[@GoldenCroc]

Somewhat at best, most people didnt learn english at a truly fluent level in school, its the consumption of media with english language that did it. So theres a lot of variance in how good people are at it. Not to mention it varies a lot between ages as well.

[@pajon82]

@McJibbin: We ARE friends. Don't worry! 😉❤ Yes, I did notice you were a bit ironic, but still friends! / The swede

[@michaelmay5453]

Yeah, no, not if they are going to "give us some freedom". :P Seriously though, as long as they don't do something REALLY stupid like elect Trump who would side with Putin and probably arm him in a war against us. I really think that we need an EU defence alliance because it's quite clear we can't rely on the whims of US presidents that are sometimes fascist loving people adoring the likes of Putin.

[@Lottaquizzes]

About the Amazon, we also need air, so turning it in to an open-pit mine is not a good idea.

[@williambranch4283]

Poor soil. Deforestation doesn't recover.

[@michaelmay5453]

It's far better at binding CO2 than producing oxygen but yeah. In Sweden everything is replanted to the point where even with our heavy use of forestation we are a net carbon neutral nation and as things are progressing, we are going negative emissions within the end of this year. We cannot, however, carry the weight of the rest of the world, other nations need to get their shit together as well.

[@citizenkane4831]

I don´t know where you have heard sweden and usa isn´t friends. Sweden have always (besides under the vietnam war) been good friends. Also, the mining at the LKAB mine has been going on for over 100 years and is estimated to contiu produce iron, earth minerals etc. For many more years ahead. What´s produced exported rthere is a big part of swedens GDP. The mine is also called "The swedish mother" becouse of that. Since it one of the pilars swedens wellfare state is built on. But there are those who has objections when it comes to the expanding of the mine. The sami people say it´s the end of there lifestyle if this happends becaus the can´t follow the rein deers when they wonder from the mountiens down to the coast

[@urbanfalk4398]

"freedom" for mining, Thats so funny !

[@urbanfalk4398]

And we plan to build several batteryfactories , so this will come handy together with the cheap electricity up north in sweden...

[@williamwallace2638]

Saw hurricane lee is heading for New England. Stay safe bud.

[@basilika2136]

I learned about this metals from starfield recently.

[@Zabiru-]

12:45 - Oh don't worry :) we're already friends :)

[@colinharbinson8284]

Insanely rich? So the better we understand where to find them and how to mine them , the more that is found, the larger the availability , and the lower the market price, however anything that reduces dependence on China is desirable.

[@herrbonk3635]

Don't worry, this is going to be sold to China, directly or indirectly. Like everything else.

[@Dennan]

we are a mining nation, we know how to mine :P

[@Andy108953]

Actually they found about 400-500 million ton of it.

[@tomeng9520]

Shhhhhh du behöver inte göra alla avundsjuka 😄 ⛏

[@Seb.k]

Haha, Dont even try "mine together and give you some freedom".. I know what that mean. xD

[@Gurupimp10]

We are Viking Dwarfs, fear us!

[@tomeng9520]

Dwarfs ?! Nej.

[@sirbum1918]

Sweden also has Europe's largest uranium deposits so there is a reserve there for the future.

[@pedroconcha1715]

the andes mountain chain contains alot of rare earth minerals and other minerals

[@Dennan]

dont worry lol, we are already friends, you will get as much as you need :P

[@jorkasvupp8674]

It's funny that no one mentions the Sámi people, because it's on the land they live on that this is all about. That land is the one that has been colonized and exploited, which is now going to be further exploited.

[@Spketlaban]

we're friends, friend.

[@donkfail1]

McJibbin. Sweden here. You're cute too. Sure we can hang out and be friends. But I suspect you don't just want to be friends, but as usual you want to drill. OK, we can drill if you like. But aren't you drilling someone else?

[@andreasfischer9158]

The Norwegians recently discovered they have 50 times as much. Typical. About time to make some jokes about that. ”Hur många norrmän behövs det för att konstruera en magnet stor som Stockholms slott? Ingen, de bara gräver fram den.”

[@thehoogard]

Actually the Swedish crown (SEK) has been plumitting for quite while now, losing value against the dollar and euro.

[@wolfstrand1959]

which is completely normal for a small currency in troubled times, when/if the world stabilizes, so does the kr

[@freudenberg101]

That mine supplied nazi Germany with ore during the war, shipped via Narvik, Norway.

[@BPo75]

It supplied Germany both before and after the Nazi regime as well.

[@iam5085]

Happy for Sweden, and Norway, but Finland also needs some sort of revenue source. Finland has only forrests and swaps and a requirment to keep sending money to EU.

[@jukopliut]

Finland has those metals but profit of mining goes australia

[@swedishmetalbear]

I am sure Sweden would welcome back Finland into Sweden if it wanted...

[@johnmcmullan9741]

The only serious problem is, most of all the other resources required to manufacture crap we don't need - the only thing making this geological deposit seem valuable - are not available to be extracted sustainably. Pretending otherwise quickens the unfolding ecological crisis. The value therefore has been grossly overestimated. Funny how places like Sweden and Norway - among the least self-sufficient nations - actually need to cling on to a business-as-usual model more than most. So much so, they seem wilfully content to defend economic ideology at any cost to the environment therefore to humanity. Most civilised in the world, aye?

[@Dennan]

what are you talking about? how are we not self sufficient? also you should know we been a mining nation for hundres of years. you shouldnt listen to that greta, she dosent speak for sweden.

[@tfl-larsm24]

I once worked in iron mine 120 km north-east Stockholm that around 1200 was described in old text and likely been operating in small scale since Viking times and having a government approval around 1450. Since the Falun copper mine closed around 1970s, Dannemora is likely the oldest continuously operated mine in the world.

[@WilliamA-]

I think of us as friends already, Sweden and USA that is

[@PulkaSkurken]

No, our politicians will screw up every opportunity for tax money when it comes to exporting these metals, minerals, etc. Then our environmental laws and our employment and personnel laws will eat up most of the profit. so no companies will even want to try to operate any mines. in the best case, the Swedish state, via a state-owned company, will conduct the mining and exports. and the best thing we Swedes will get from this is a job. but all the youth who are of the right age for this type of work will never want to work in mining (spoiled socialists to brat kids) and don't think the immigrants will move to the mining towns. they get so much in grants/benefits so they'd rather sit at home in the suburbs with state grants/benefits and cheer on terrorist groups like Hamas.

[@heh9392]

Finland should own that place, let them have Åland we don't need it, but Kiiruna should be ours.

[@okklidokkli]

The video you reacted to is just a fantasy. There is nothing rare about rare earth metals. You can find it all over the world. As an example, Norway probably have 10 -100 times more of these metals, and it has been known for decades. It just isn’t any money in it, China is almost giving it away for free, and will keep on doing it.

[@lmatt88]

not really, Europe depends on China due to that. They have a monopoly which could end with Sweden.

[@uniquename111]

I guess for Americans i guess money is everything. How ever this whole project is also gonna destroy nature add polotion and all that shit that i dont really think is a good thing at all. Awsome that we have a good mine that will generate money but not to any cost, as in the cost of our rich nature. And there is a lot of people being upset about it and i hope we will be able to at least force the companies to consider nature, polotion and such things.

[@Dennan]

i dont think we wanna become richer , we already amongst the richest, if we get richer then our products will get more expensive for other countries hurting our gpd. best is to just use it wisely , invest in statefund the profits, and use the profits of that to do more public project constructions , like our military could use a big chuck of money increase, not its people, we are already wealthy. we dont need more for ourself, that just leads to inflation and higher prices.

[@ROBBER011]

Syfydafrika don't ahve the same ground/rocks, not much gold here in Sweden etc.

[@mattiasorre1718]

Theres nothing about this in Swedish news and this woman has the lowest polled credibility of all the ministers in Sweden. Sweden has known about this for 70 years but its very hard i.e. expensive to get to, so she's just trying to save face and bring some good news after Swedes lost faith in her many failed promises

[@thomascleo]

Yes we absolutly should be friends we are on the same level,, maybe not political but you are like a Swedisch person,,,,,,,,LOVE FROM SWEDEN❤❤❤

[@JanHell666]

Here is a like from Sweden! :) Lets mine!

[@JoakimLindqvist-d2w]

Oil??

[@robertjonsson5750]

Sweden has more billionaires than the USA per capita.

[@Gurra_Gforce]

And why is Rob-words doing presenter stuff?

[@andysadler6432]

all germanns and scandanavians speak perfect english

[@SteamboatW]

Not every one.

[@c_n_b]

@SteamboatW EVERY one of them.

[@1991beachboy]

@@c_n_b Not my parents lol. It's mostly a generational thing

[@Guran81]

kzbin.info/www/bejne/bWWlq4aKhqiflcU

[@dannjp75]

Utter rubbish, stalking bollocks.

[@KimOfDrac]

It's not going towards the people, that's for sure...

[@Share87]

Word, and the swedish krona is weaker than ever

[@captain_context9991]

What did you think.... That somebody would come to your house and give you money? I might give you a JOB and secure your PENSIONS tho. You silly muppet.

[@toastisimo]

Musk just built a huge battery plant not far from Kiruna, an coincidence? 😅

[@BjörnStenbock]

Jag kommer från Sverige

[@Tordar]

LOL 🤣why should we mine together when we can give you a really good price so you don´t need to do the work? we are a really environmental friendly country so if you get your rare metals from us in Sweden then you know that you make minimum impact on the earth and therefor you will get a good price but its a little higher then the country's that creates a lot of pollution in their mining process. If we keep the mining and extraction in Sweden then we can guarantee the best qualify and minimum environmental impact and that's why you should do business with Sweden. 😉

[@captain_context9991]

Thats why Norway also sells the oil and gas at a much higher price than if you buy it from Russia and the Arabs. People are willing to pay more to not have to deal with Russians and Arabs.

[@eidodk]

"We will give you some freedom".. Most of the US are longing for Swedish freedom. Ignorant US citizens don't know this though. Sweden had enough millitary power to remain neutral in both world wars.

[@the.trollgubbe2642]

Sweden also had a lot if uranium, strange that they don't mine that.

[@Steff2929again]

It's politically impossible, at least for now. Uranium mining anywhere poses significant environmental and economic risks. Nothing will happen until there is a serious shortage. But who knows, it might happen sooner than later.

[@leodahood2150]

Hahahaha American freedom..... The swedes got all the freedom they need. I bet there are no swedes that would change sweden passport for a USA passport. You might find some that would live in US for a while, but No permanent settelers. 😅

[@simonhultgren7778]

nah swedes got everything they need

[@leodahood2150]

@@simonhultgren7778 that was what I ment😉 like us Norwegians the Swedes are really happy with their country, we make fun of eachother but there is no hate between us. 'søta bror' sweet Brother is a common way to name the Swedes👍

[@simonhultgren7778]

@@leodahood2150 ni är söta ni med

[@johankaewberg8162]

What about the Uranium? LKAB is sittning on megatonnes. Enough to power the world.

[@captain_context9991]

Well. Nuclear power is the future. So go for it.

[@MrJagger112]

Swedish politicians releasing these "news" is nothing but manipulation of non-analytical people to buy in to the idea that this would be profitable. The profits of mining these finds would at best negate the costs of doing so. Chances are that Sweden will actually lose money by doing it. But hey, as long as the politicians say it's a good idea it's a solid plan! We all know how trust worthy and dependable Swedish politicians are 😂

[@YamiAi]

Sure. But the point of the original video still stands that if China wants to screw over nations by restricting access to rare earth metals having alternatives will be crucial

[@MrBlue-dm5li]

These findings is has a lot of iron ore as well and would probably be profitable mining for just that.

[@captain_context9991]

So if you dont want to listen to politicians. Who would you listen to? Dont make the monumental mistake of thinking government in every country are like government in America. In well working European countries, politicians have to listen to experts, scientists and professionals of all kinds. They dont just make random decisions.

[@urbanfalk4398]

Its been profitable for decades just on iron ore and has among the highest qualities on earth and the mines are among the most modern in the world 2. +Swedish miners are well paid for their job,2@@MrBlue-dm5li

[@urbanfalk4398]

That used to be true in Sweden but the gouvernement we have now is a rightwing conservative one that lends its powers from nazis in SD . The blonde minister in the clip is the head of the christdemocrats and is not known to have based any decicionmaking on science. Shes moore like someone from the teaparty movement or a maga foilhat,, @@captain_context9991

[@williambranch4283]

The US had rare earths, but the EPA shut it down after the Soviet Union collapsed. That is part of our deliberate dependence on China.

[@Lottaquizzes]

deliberate?

[@captain_context9991]

Dude.... EVERYTHING is a conspiracy to Americans. Keep that to yourselves where it belongs. You have to understand that American conspiracies and unreason doesnt work so well when you are talking to people who live in the real world.

[@parcos79]

get ready to be invaded. LOL

[@simonhultgren7778]

never gonna happend. dogwater

[@khanalprabhat]

Nah. It's far from getting insanely rich. People already knew there are rare earth materials. This is not a new news. Mining for these materials was not feasible in the past due to high mining cost. Now Sweden is thinking about mining them despite of high mining cost in order to be independent from China. This means there will be little to no profits by mining these materials. Sweden may even loose money by doing this. However, this decision is not a economic one but political one. Even though Sweden loose money during mining process itself, it may pay off in long run by being independent of China and it's influence in Swedish and European economy.

[@tomeng9520]

China sux.

[@Pierluigi_Di_Lorenzo]

It's about 1 million tons of rare earths. That's really not so much. It's enough for 200 nuclear submarines for example. It will not make Sweden insanely rich.

[@captain_context9991]

It will cost almost the same to dig it out. Its not free money.

[@serz1885]

gretta tumberg?

[@texnoti]

I assume it was a joke to bring us freedome. If not please search for videos about US beeing the land of the free...

[@michaelayling8855]

The US is finished, Sweden would be better staying well clear.

[@captain_context9991]

@@emileriksson76 Well.... Its WEIRD that Sweden looks to right-wing extremist America just because Swedish people live in the wild misconception that America-style governing would "fix" Sweden. Look how that works for the US. Yes the US of Murca really is finished. They have hit the wall and need serious modernisation to move on. The entire country is stagnant and dysfunctional. Swedish people refuse to understand how good they have it.