👪 “Nepo-preneurs” — Family biz boom. Twinkies’ 4/20 munchies trade. China’s rare earth embargo.
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Rare Earth Metals and Nepo-preneurs
This chapter explores the geopolitical significance of rare earth metals in U.S.-China relations, highlighting the challenges the U.S. faces due to China's dominance in this sector. It also examines the trend of millennials inheriting family businesses, dubbed 'nepo-preneurs,' and its implications on the job market and wealth transfer.
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