America’s $10 Trillion War Machine Still Runs on Chinese Rare Earths
The U.S. government spends roughly $900 billion on defense each year. The private aerospace and defense sector generates close to $1 trillion in annual revenue. Over the next five years, nearly $10 trillion will flow through production lines that build fighte…
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By Michael Kern – Mar 03, 2026, 6:00 AM CSTThe U.S. government spends roughly $900 billion on de…