Jack Ma: US wasted trillions on warfare instead of investing in infrastructure
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Re: Jack Ma: US wasted trillions on warfare instead of investing in infrastructure
#2This is almost a year old.
[edit] I should have been more clear: Please mark the article as 2017 as when I read it initially I was asking my self why the WEF was now when it usually is during the start of the year.
Re: Jack Ma: US wasted trillions on warfare instead of investing in infrastructure
#3[flagged]
Re: Jack Ma: US wasted trillions on warfare instead of investing in infrastructure
#4I dont care who says this - it is true.
Re: Jack Ma: US wasted trillions on warfare instead of investing in infrastructure
#5And wasted trillions on trade with China too...
Re: Jack Ma: US wasted trillions on warfare instead of investing in infrastructure
#6[flagged]
That's a small part of the story I believe...
Re: Jack Ma: US wasted trillions on warfare instead of investing in infrastructure
#7[flagged]
Anyone from the US who has flown overseas to modern, industrialized countries in the past decades will note the aging look of the US.
Given overall industrial and cultural trends, why wouldn't everyone just keep building new stuff every 15 years? This would certainly fit the Chinese regime's policy of increasing GDP. (We'll have to crack the problem of carbon neutral concrete sometime.)
Re: Jack Ma: US wasted trillions on warfare instead of investing in infrastructure
#8[flagged]
Yup. At least in the US we use our infrastructure. In China they build stuff just to build stuff.
Re: Jack Ma: US wasted trillions on warfare instead of investing in infrastructure
#9The reason why China is spending a lot more on infrastructure than the U.S. is because they didn't have a lot of infrastructure to begin with and if they want some they have to build it.
The U.S. already has most (not all) of the infrastructure we need. A lot of what we need to build is to replace existing infrastructure which is getting old but technically still works.
Comparing Chinese to American infrastructure spend is comparing apples to oranges.
Furthermore, if you want to look at where America is wasting money, compare the percentage of GDP Canada spends on healthcare to the percentage the U.S. spends. The difference is likely larger than the 5% or so of GDP we've been spending on defense.
And keep in mind that most of U.S. spending on defense isn't warfare, it really is defense, partly because we have obligations to defend other countries, some of which might be at substantial risk right now (We have no obligation to defend Ukraine against Russian aggression, but we most definitely have an obligation to defend Latvia, Lithuania, and Estonia).
Re: Jack Ma: US wasted trillions on warfare instead of investing in infrastructure
#10Not to mention the hundreds of thousands of innocent lives lost, murdered by America's war machine in its lust for total military domination of its so-called enemies.
Its not enough that Americans' finally come to grip with the terms of their own scam. The American people must confront the crimes against humanity that their state has committed, time and again. With such human destitution in its midst, as well as at the end of its spear, America simply cannot consider itself such a great nation for much longer .. I mean, for a lot of Americans, the USA is a third-world country.