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The whole "let the market settle on a smartest solution" idea works great, until your highest-margin exports start getting manufactured abroad in a country with
by talldayo 2y ago
The whole "let the market settle on a smartest solution" idea works great, until your highest-margin exports start getting manufactured abroad in a country without labor regulation. First cars, then software, and now smartphones. By 2045, America will be the manufacturer of Absolutely Nothing and we'll be incredibly proud of what our businesses accomplished.
- aswanson 2y agoYup. We wont make anything but valuation spreadsheets for private equity to analyze by then. Legacy of Jack Welch and simple-mindedness of shareholder value uber alles.