Jacob Helberg
speaker
283 appearances
1 recordings
1 series
first heard Aug 2025
last heard Aug 2025
Jacob Helberg’s voice in public audio — every appearance, attributed to the second.
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Appearances
All of that is a byproduct of the fact that they produce.
The lion's share of the world's manufacturing output.
So they import raw materials from Africa, they manufacture it in China, and they re-export it everywhere else.
And so if you solve the trade imbalance issue with China, you actually address all of the peripheral issues with their influence in all of these third markets.
And so it is a national
Security issue to do that because obviously their footprint in some of these places has proven problematic.
But it's also good for our companies because as we've seen with their export controls on rare earth magnets, the last thing we need as a country is for our best companies to beg Beijing for permission to get licenses for rare earth magnets in order to
Manufacture cutting edge technological.
Emerged as a rare earth mining superpower about 10 years ago.
It came out uh in 2015 with its Made in China 2025 plan.
And from that date onwards, we actually saw China's um refining activity of rare earth uh materials skyrocket.
So what happened was they pursued a very aggressive industrial policy to build uh
uh refinering capacity in China.
Uh and they started to flood the market, which sunk the price and started to really squeeze refineries located in the West, in in uh Australia, in Canada, and in the United States.
We actually have refineries.
Historically we have had refineries.
And uh there is a huge refinery in Tennessee.
There are there are refineries
In Arizona in Georgia.
And um, and so the solution to help put the genie back in the bottle is I think actually the DOD's deal with MP Materials all offers a good template, which is you need an anchor buyer and and an end customer, and you need a price floor.
Showing 61–80 of 283 · page 4 of 15
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