3 ms·
I agree the loss of manufacturing & production skill in the US is a problem. I dont think you can blame Wall Street directly for "short termism". Monopolies as
by rb808 7y ago
I agree the loss of manufacturing & production skill in the US is a problem. I dont think you can blame Wall Street directly for "short termism".
Monopolies aside, investment flows to the most efficient ways of doing things. Right now in a globalized world that really is to produce in China. If you want the most strategic and adversarial way that is a different problem. Globalization has been a drive for American governments the last half a century, was it wrong? You can't blame the investment community for globalization.