For unemployment, blame it on wars: Alibaba.com founder to US

“No matter how strategically good it is, you’re supposed to spend money on your own people,” he suggested to the US.
He further said: “And the other money which I’m curious about is that when I was young, all I heard about America was Ford and Boeing and those big manufacturing companies. The last 10-20 years, all I heard about is Silicon Valley and Wall Street. 
Referring to 2008 recession, Ma pointed out that the financial crisis had wiped out 19.2 trillion dollars in the US alone and destroyed 34 million jobs globally. 
“So what if the spent on Wall Street and the Middle East was spent on the Mid-West of the United States, developing the industry there? That could change a lot,” he asked.
"It’s not that other countries steal jobs from you guys, it is your strategy!" he reiterated. 

 

Add comment


Security code
Refresh