ATTENTION: TRUMP DIDN’T COME TO PLAY.
— The White House (@WhiteHouse) July 20, 2025
Six months in. All gas. No brakes. The winning will continue. The deportations will continue. The memes will continue.
THE GOLDEN AGE WILL CONTINUE! 🇺🇸🦅💰 pic.twitter.com/n38WrywXXH
🔄 Old Cycle (2000-2020) China 1.0
Consumers chased new iPhones → fueled Shenzhen factories → dollars flowed for chips & phones → recycled into U.S. Treasuries. Dollar demand grew with every consumer gadget upgrade.
🚀 New Cycle (2021-2035) China 2.0
⚡EV motors, 🌬️wind turbines, ✈️drones, and F-35s all depend on 🧲NdPr magnets. Global magnet demand will 📈more than double to 607k tons by 2035, U.S. demand growing fastest (17%/yr). Dollar demand now rises with every EV sold and wind farm built.
🇨🇳 China’s Dominance: Still refines ~90% of global rare earths → Every USD spent on EV or wind turbine 💸 sends dollars to Chinese processors, letting Beijing capture a growing share of the dollar flows whilst also funding America’s deficits & keeping US govt solvent.
🛡️ Why China is “Safe”
📉 Debt Shock Absorber: Rising global green demand lets China help drive trade demand for more USDs
⚔️ Geopolitical Leverage: The same magnet in a Tesla 🚗 powers a Reaper drone ✈️. US sanctions debate stalls over dependence on Chinese NdFeB alloys for fighters.
♻️ Self-Financing Cycle: High Western prices → 📈 fatter margins for China’s refiners → More RMB to buy U.S. Treasuries → Beijing recycles dollars on its terms, turning vulnerability into clout.
💎 As the old “iPhone-driven” dollar engine sputters, the 🌱green-tech rare-earth boom hands Beijing a 🚰new, irreplicable dollar faucet containing global financial risks for now.
