Phase III of the gutting of the US economy?

Discussion in 'Economics' started by KINGOFSHORTS, Nov 12, 2009.

  1. 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.
  2. UTC Fire & Security supposedly employs more than 40000 people. How many of those are in US/China?
  3. gucci


    Spit it out and make your point.:D