how America went wrong over the past 30 years
how America went wrong over the past 30 years
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~ 7 years ago
Jan 19, '17 10:49pm
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Alibaba founder Jack Ma has a brutal theory of how America went wrong over the past 30 years               Jim EdwardsBusiness InsiderJanuary 19, 2017jack maMore(Jack Ma.WEF) " class="canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm" data-type="text" data-reactid="15" style="margin: 0px 0px 1em;">(Jack Ma.WEF) At the same time, the US spent a lot of money on foreign conflicts. "In the past 30 years, America had 13 wars spending $14.2 trillion ... no matter how good your strategy is you're supposed to spend money on your own people," Ma said. "The money goes to Wall Street. Then what happened? Year 2008 wiped out $19.2 trillion in US income ... What if the money was spent on the Midwest of the United States?""The other countries steal jobs from you guys — that is your strategy. You did not distribute the money in the proper way."Elsewhere during his talk, Ma said his favourite film was "Forrest Gump" because he saw something of Alibaba in Gump's shrimp boat. Ma quoted Gump as saying "Nobody makes money catching whales — people make money catching shrimps."
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