• Click here - to select or create a menu
Accmag
  • July 31st, 2017
Accmag

London, England

July 31st, 2017
  • BEST ONLYFANS 2023
  • Sports
  • Technology
  • Health
  • Entertainment
  • Conspiracies
  • DMCA
    • Contact Us
  • Follow us
    • Facebook
    • Twitter
    • Google+
    • Linkedin
    • Pinterest
    • Flickr
    • Youtube
    • Vimeo
Home
Uncategorized

The U.S. has wasted over $14 trillion on warfare over the past three decades

July 30th, 2017 admin Uncategorized 0 comments




Davos — Speaking at the World Economic Forum in Davos, Switzerland, Jack Ma, the billionaire founder of Alibaba — the Chinese company that surpassed Wal-Mart as the world’s largest retailer in 2016 — said the United States has no one but itself to blame for its economic woes, and that much of the problem is rooted in wasteful spending on warfare.

CNBC’s Andrew Ross Sorkin had asked Ma about his thoughts on the American economy and how it relates to China. Incoming President Donald Trump’s stance has consistently been anti-China — the former reality TV star has long accused the Asian superpower of siphoning U.S. jobs — and he and the trade team he’s putting together appear eager and willing to impose tariffs on Chinese goods.




“It’s not that other countries steal jobs from you guys. It’s your strategy. Distribute the money and things in a proper way,” Ma said, adding, “You’re supposed to spend money on your own people.”

On the issue of military spending, the Chinese billionaire claimed the U.S. has wasted over $14 trillion on warfare over the past three decades — money that, again, could’ve been invested in domestic infrastructure and programs for the American populace.

On Wednesday, as Anti-Media reported, Chinese President Xi Jinping gave a historic speech at the World Economic Forum in Davos in which he praised globalism and made a case for China as the world’s new economic leader.

Speaking of globalization, Ma called it a “perfect” strategy, and pointed out that U.S. corporations have profited substantially from the system:

In welcoming China’s president to the stage at Davos on Wednesday, WEF founder and chairman Klaus Schwab stated, “In a world marked by great uncertainty and volatility the world is looking to China.”




Alibaba’s Jack Ma, in speaking to CNBC, seemed to echo this sentiment — that’s it’s China and the system of economic globalization that will blaze the path into the future:

Facebook Twitter Google+ LinkedIn Pinterest
Previous article Religious Children Have Trouble Distinguishing Reality from Fiction
admin

admin

Related Posts

The U.S. has wasted over $14 trillion on warfare over the past three decades

Liam Neeson: Senior citizen action hero

Liam Neeson: Senior citizen action hero

My greatest Spirit Breaker achievement

My greatest Spirit Breaker achievement

Leave a Reply Cancel reply

Latest Reviews
8.9
Made by History: Assassin's Creed Syndicate
PC

Made by History: Assassin's Creed Syndicate

Nov 27th, 2015 1
8.6
Any Last Words: Assassin's Creed Black Flag
PS4

Any Last Words: Assassin's Creed Black Flag

Dec 5th, 2015 1
8.4
Hitman 2: Silent Assasin
PC

Hitman 2: Silent Assasin

Nov 28th, 2015 0
Timeline
Jul 30th 5:46 PM
Uncategorized

The U.S. has wasted over $14 trillion on warfare over the past three decades

Jul 30th 5:19 PM
Conspiracy

Religious Children Have Trouble Distinguishing Reality from Fiction

Jul 29th 8:11 AM
Uncategorized

Liam Neeson: Senior citizen action hero

Jul 29th 6:58 AM
Books

As Far As Your Brain Is Concerned, Audiobooks Are Not ‘Cheating’

Jul 28th 1:50 PM
Conspiracy

India Permits Free Energy Technology Despite Threats from UK, US, Saudi Arabia

Jul 27th 2:56 PM
Conspiracy

Huckabee: “Citizens Should Obey The Law Only If They Think It’s Right”

Latest Posts
The U.S. has wasted over $14 trillion on warfare over the past three decades
Uncategorized

The U.S. has wasted over $14 trillion on warfare over the past three decades

Jul 30th, 2017
Conspiracy

Religious Children Have Trouble Distinguishing Reality from Fiction

Jul 30th, 2017
Uncategorized

Liam Neeson: Senior citizen action hero

Jul 29th, 2017
As Far As Your Brain Is Concerned, Audiobooks Are Not ‘Cheating’
Books

As Far As Your Brain Is Concerned, Audiobooks Are Not ‘Cheating’

Jul 29th, 2017
Author of the Monthadmin
The U.S. has wasted over $14 trillion on warfare over the past three decades

The U.S. has wasted over $14 trillion on warfare over the past three decades

Jul 30th, 2017 0
Write Reviews & Get Free Games
Share your referral link with friends and earn $15 credit upon their first purchase.
Need our help?
Email or Chat directly with Customer Support from 9am - 6pm PST. We're here to help!

© ACC MAG 2016. All rights reserved.
Produced by Mip Themes