By EconMatters China-US Wealth Transfer There are usually unintended consequences from paradigm shifts, and the outsourcing paradigm of the last 25 years has been no exception. Where do you think all that wealth responsible for building all those cities in China came from? The United States, European and other developed countries of the world, think of it as a vast wealth transfer from the richer nations to the poorer nations mainly on the backs of the ‘middle of the bell curve’ in terms of jobs.
Outsourcing Includes Management Positions
The following is our rough coverage of the 2021 Sohn Investment Conference, which is being held virtually and features Brad Gerstner, Bill Gurley, Octahedron's Ram Parameswaran, Glenernie's Andrew Nunneley, and Lux's Josh Wolfe. Q1 2021 hedge fund letters, conferences and more Keep checking back as we will be updating this post as the conference goes Read More