‘Scandalous’: top economist Jeremy Siegel says U.S. sleepwalked into rare-earths crisis as China tightens its grip

U.S. Faces Critical Rare Earth Crisis as China Strengthens Control

Prominent economist Jeremy Siegel has labeled America’s lack of preparedness in rare earth minerals as “scandalous,” warning that the nation has sleepwalked into a severe supply chain vulnerability. According to recent analysis, China’s dominance in these essential materials has escalated from a strategic concern to an immediate economic threat, with the U.S. lacking a coherent response plan.

Siegel, a respected Wharton professor, emphasized that China now controls approximately 90% of global rare earth refining capacity, creating significant risks for technologies ranging from electric vehicles to defense systems. Industry reports suggest this monopoly could disrupt manufacturing and innovation if supply chains are interrupted, highlighting urgent needs for domestic investment and stockpiling.

The situation mirrors broader market uncertainties, as data shows fluctuations in U.S. stock futures often correlate with geopolitical tensions and trade policies. Economists point out that without strategic reserves, America remains exposed to price shocks and supply disruptions that could hamper economic growth and technological advancement.

Concurrently, research indicates that adaptive work environments are crucial for maintaining productivity during such global challenges. Companies that prioritize flexible setups can better navigate resource shortages and shifting market dynamics, ensuring resilience in uncertain times.

In parallel sectors, sources confirm that strategic corporate moves, such as public relations initiatives, can influence market performance significantly. This underscores the importance of proactive strategies in both public and private sectors to mitigate dependencies and foster stability.

Experts argue that addressing the rare earth shortfall requires coordinated efforts in policy, innovation, and international partnerships to reduce reliance on single sources and secure sustainable supplies for future technologies.

Mark Cuban argues workers deserve stock ownership matching CEO percentages as billionaire wealth grows by $33 trillion. The investor advocates for compassion-driven capitalism through employee equity programs that create millionaire employees.

As billionaire wealth surges by an astonishing $33 trillion since 2015, according to recent analysis by Oxfam, prominent investor Mark Cuban is calling for a fundamental shift in how companies share success with employees. The billionaire entrepreneur argues that workers deserve stock ownership in their companies at the same percentage of cash earnings as CEOs receive, creating what he describes as “compassion and capitalism” working together.