Originally posted by: NogginBoink
Originally posted by: jhu
I think you're underestimating the power of concentration of wealth. debeers could very well buy out the companies mfg'ng this stuff and once again completely monopolize the market. the russians are the next ones to worry about.
not if the companies are private
<opinion>
Fine, DeBeers can buy the companies that manufacture diamond making machines.
Or lobby for new laws.
Or just harrass the hell out of the competition.
DeBeers has financial and political resources that the general can't hope to compete with.
My bet: in five years, the general and his staff will have had virtually zero impact on the diamond industry.
Besides, if he succeeds, the general only succeeds in manufacturing a product that is barely above worthless. He'll put himself out of business!
</opinion>