Chinese billionaire Jack Ma says the US wasted trillions on warfare instead of investing in infrastructure


CNBC has the article and video Chinese billionaire Jack Ma says the US wasted trillions on warfare instead of investing in infrastructure.

“The world needs new leadership, but the new leadership is about working together,” Ma said. “As a business person, I want the world to share the prosperity together.”

he says ironically as he amasses billions for himself. Well, I suppose I have defeated my purpose by starting with that quote and the snide remark. Actually he had some excellent things to say in this short video.

Ma says 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.”

It took me a few readings to understand what he was trying to say. It is our strategy that is causing us job loss, not the stealing of jobs by other countries. If we had distributed money and things in a proper way, we wouldn’t find ourselves in the fix that we are in.

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