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Three things a superpower should never outsource: * energy production * food supply * coinage

• toss1 8y ago
  Plus: * manufacturing * security-sensitive or military electronics The American MBAs proudly proclaimed the quarterly profits from outsourcing what they saw as menial and fungible manufacturing operations to exploit cheap labor zones such as China. Meanwhile, China has a longer view, including 500-year plans. They are strategically building the hard-won knowledge and processes to effectively and efficiently manufacture goods, and expropriating the IP for design. Beyond that, they are now manufacturing many mission-critical and eavesdropping-capable components used in our defense operations. So, while we think we're exploiting their cheap labor, they are exploiting our myopic focus on short term profits. This advantage squandered for a few company's short-term profits will be recorded as one of history's great strategic blunders.