My report on @commonplc explains how China used subsidies to dominate critical supply chains, while we sat back refusing to provide support. The US must now use strategic investment as part of its industrial policy toolkit or accept permanent dependency commonplace.org/cp/177603357

The Rare Earth Elements Trap

Free market fundamentalism can't compete with Chinese subsidies.

commonplace.org

Oct 30, 2025 · 9:12 PM UTC

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Replying to @michaeljmcnair @commonplc
China weaponized REE's in 2010, our leaders did nothing. We weaponized USD & SWIFT against Iran in 2012, China built a functioning workaround to the USD system in < a decade. Tale of our present predicament in a nutshell
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Replying to @michaeljmcnair @commonplc
Anyone telling you “In America, markets decide” weren't taking you seriously. Or you should have pointed out that 1/ Bailouts are subsidies 2/ The Fed. Gov. invests >$150B in R&D each year, reselling their patents pennies on the dollar 3/ Ah and $646B for extractive industries.
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