Phase III of the gutting of the US economy?

In the 1980s the M&A spree decimated US jobs, then came the 90s which began the new phase of offshoring US jobs (white collar)

And now Phase III M&A Spree part II

GE sold its security division and now the first thing UTC is gonna do is offshore the work to China.

So thanks to Tarp and 0% free money, a new wave of M&A activity will probably finish off even more jobs.


Sad but the dollar is one thing you do not want to hold.

 

UTC Fire & Security supposedly employs more than 40000 people. How many of those are in US/China?

 

Spit it out and make your point.