4 ms·
But is it fair to the Americans who lost jobs, manufacturing, future, because of the 20 years of "technology transfer" by China?
by pointillistic 8y ago
But is it fair to the Americans who lost jobs, manufacturing, future, because of the 20 years of "technology transfer" by China?
- deleted 8y ago[deleted]
- deleted 8y ago[deleted]
- shard972 8y agoIt's ok, those people will be replaced soon.
- pishpash 8y agoAsk the American companies and the richly retired CEO's who banged on China's door in the 80's demanding to outsource there.
- Nasrudith 8y agoYou are blaming the wrong people there. Anyone with half a brain would realize moving manufacturing into a high population country would create competitiors who now know the fundamentals of your business. And who can do the math to figure out they can claim the market taking advantage of the cheap labor and expensive markets. But Wall Street has a frothing hatred of people who think beyond the next fiscal quarter. Just look at the sheer Tesla short ratio long after it was clear they were viable.