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Jack Ma had a fun perspective[1] (2017) Not precisely his words but something like: US companies made a shit ton of money. Then in 30 years the US spend 14.2
by 6510 1y ago
Jack Ma had a fun perspective[1] (2017)
Not precisely his words but something like:
US companies made a shit ton of money. Then in 30 years the US spend 14.2 T$ on 13 wars.
What if they spend part of that money on infrastructure, helping the white collars and the blue collars - no matter how strategically good it is you are suppose to spend money on your own people.[...]
The money goes to Wallstreet and in 2008 the financial crisis wiped out 19.2 T$
What if that money was in stead spend on developing industry?
China did not steal US jobs, the US didn't distribute the money in a proper way.
[1]- https://youtu.be/0jfYSncSTEY?t=43 https://youtu.be/0jfYSncSTEY?t=43