Jack Ma had the best answer to Tillerson.
“Over the past thirty years, the Americans had thirteen wars spending
40.2 trillion dollars,” said Ma, speaking at the World Economic Forum in
Davos. “What if they spent a part of that money on building up the
infrastructure, helping the white-collar and the blue-collar workers? No
matter how strategically good it is, you’re supposed to spend money on
your own people.”
“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,” he continued.
“And what happened? The year 2008: the financial crisis wiped out 19.2
trillion dollars in the USA 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.”
According to the Stockholm International Peace Research Institute , the
United States spent $596 billion, or 3.3 percent of its GDP, on military
expenditure in 2015, which is higher than any other country in the
world. In Ma’s opinion, this is partly responsible for the loss of jobs
in America’s Rust Belt.
“So it’s not that other countries steal jobs from you guys, it is your
strategy! You do not distribute the money in a proper way,” he summarized.
Ma also expressed the view that overall globalization was a positive
thing as it had brought many benefits to both China and the world.
However, it should be improved by making more room for small businesses
rather than the current system run by the World Trade Organization
(WTO), which was developed to protect corporate interests.
“The WTO was great but it was mainly designed for developed countries
and big companies. There’s no opportunity for small business. We want to
build up an EWTP – an Electronic World Trade Platform – to support young
people, small business.”
https://youtu.be/Np-HQH_ruGY
On 1/22/2017 2:51 PM, MarkI-ZeroPoint wrote:
Doubt it. The BRICS nations (Brazil, Russia, India, China, S.Africa)
have launched a major global effort to provide a competitor to
BIS/World Bank/IMF, and I seriously doubt if Russia would jeopardize
all that by siding with U.S./Japan/Philipines on China’s expanding in
S.China sea.
*From:*Daniel Rocha [mailto:[email protected]]
*Sent:* Sunday, January 22, 2017 3:14 AM
*To:* John Milstone
*Subject:* Re: [Vo]:Tillerson Says China Should Be Barred From South
China Sea Islands
Perhaps the strategy is to get in good terms with Russia and both
surround China?
