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.
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.
