Alibaba founder Jack Ma, who has been busy trying to get into Donald Trump's "circle of trust", spoke in Davos and blamed the problems of the United States on the United States itself, as a country which has spent trillions of dollars to wage war, instead of investing in infrastructure and its own people.
Asked by Andrew Ross Sorkin about Trump's decision to impose new tariffs on Chinese imports to protect domestic American manufacturers, Ma said blaming China for any economic issues in the U.S. is misguided. If America is looking to blame anyone, Ma said, it should blame itself.
"It's not that other countries steal jobs from you guys," Ma said. "It's your strategy. Distribute the money and things in a proper way."
According to Ma, the US wasted over $14 trillion in fighting wars over the past 30 years rather than investing in infrastructure at home. Ma named this as the main reason that the US economy is weakening.
>tfw china will BTFO of america in my lifetime i already started learning chinese senpai
Christian Cooper
The US has pretty reasonable infrastructure. The one thing they should have invested the money in is education, so their jobless could have learned a new craft and find a new place in society.
Brandon Clark
>The US has pretty reasonable infrastructure.
You've obviously never travelled around America.
Brayden Young
You know there's a problem in your country when you turn military, religion and education into a big business.
Dylan King
Mate, it is possible to reach pretty much any place of note. That counts as reasonable. For your country to thrive, people just need to be able to properly commute within the large cities, not be able to reach some desert or the other within as little time as possible.
Christian Nelson
>"It's not that other countries steal jobs from you guys," Ma said. "It's your strategy. Distribute the money and things in a proper way."
That's roughly equivalent to saying that your strategy in a ballgame is to win, and if you lost it's because you didn't win.
>just invest in infrastructure
For what, exactly? Transport costs in the US are already pretty low and things arrive in a timely fashion.
Nathaniel Murphy
nah it made itself an unstoppable juggernaut and successfully controls more puppet states than any other power.
America is actually in first place right now, and if anyone tries to catch up it's game over for them.
