Three words: War. Wall Street. That’s from Alibaba founder Jack Ma on the U.S. strategy:
We just want the technology, and the IP, and the brand, and we’ll leave the other jobs” to other countries like Mexico and China… American international companies made millions and millions of dollars from globalisation… IBM, Microsoft, the profit they made was larger than the top four banks in China put together… But where did the money go?
A lot of money went into war and bailing out banks and other institutions too big to fail.