Wall Street only cares about the current and next quarter. Everything else is a stock sale away and doesn’t matter. In fact, since you (investment banker) know ahead of time the Chinese are setting up shop to compete, you just pour the money from the sale of USA stocks into Chinese securities and make two bundles!
were they supposed to just work for you for fraction of a cost forever and don’t learn anything?
It was a rhetorical question, but they actually really believed that. Racism may have been a huge part of it: People as backwards as “China man” would never be able to come up with complicated tasks like setting up a factory on their own.
Anyone not racist saw it coming a thousand miles away. It’s weird how much bigotry there was and is in the C-suite of major corporations.
AFAIK it’s the OG ribbon!
I never wanted him to be wrong more than right now. Except for tomorrow, it’s probably going to bé worse, tomorrow
The rare comment that is so good, I upvote all comments that applaud it!