ibankcoin | And there it is, the unvarnished, raw, truth about how everything went wrong for middle class America.
Since the Vietnam war, more than 45 years ago, the US has embarked on a neocon strategy of war in an effort to build a global empire. The result of that strategy has left American infrastructure second rate, its school system in shambles, and its healthcare system a complete and utter joke.
Just imagine what America could’ve done with $14t of investable dollars, instead of waging wars.
Aside from the wars, America spends more than 50% of its discretionary budget on the military, per annum, 16% of its overall budget.
That’s the main issue, the sordid topic that is rarely discussed in American politics, for fears of crossing the military-industrial complex.
Jack Ma from Alibaba doesn’t share those same fears, being a Chinese national worth $27b of zero fucks.
In a very rare glimpse into what the Chinese really think about American imperialism and how it shaped the global economy, all the better for China might I add, Jack Ma spoke candidly today in an interview with CNBC’s Andrew Ross Sorkin.