What’s fascinating is how the conglomerate is spinning this, saying the deal will create 200 jobs in the US. “Our participation has the potential to grow high-tech jobs in the U.S., in addition to creating bilateral industrial cooperation with China,” said aviation unit president Lorraine Bolsinger.
Two hundred jobs? Really? All while sending important high-reliability electronics technology to the biggest economic rival of the US? Wow. I hope it’s worth it.
I also hope so …
but I doubt it (as I suspect was your assessment)
but it will make economic sense (for the corp) … in the short run.
(wasn’t there a novel on this involving critical wing building skills with a major aircraft supplier – going to China .. a few years ago?)
I am beginning to wonder if it makes sense to just move…
Sure.. do like the big boys…
Be the first to take my economic “gains” to a cheap country.
Live like a king.. (hot and cold running servants)..
gotta do it before I actually drain my resources here..
here.. where I took advantage of the schools (for me, family, workers)
here.. where I took advantage of infrastructure to build my business
yea.. after all .. everything in the world can be equated into money.
lots of examples of ex-patriots retiring to .. “the islands”, Central America, etc….
mmmm…..
What was that about a rich man?
.. odds of getting into heaven?.. a camel? .. the “eye of a needle”?
It’s a good thing for economic rivals to share their technology and create good things. It’s bad for people to hoard their technology.
I wonder about the non-economic side. China could become a military rival. It’s obviously not good to share technology with a military rival. This is a bigger issue than this GE thing. We hope that trade leads to more wealth and intertwined economies so there’s no incentive to go to war b/c there can be no spoils of war. If it does not work out along this favorable scenario, sharing technology will look like a bad decision. I hope the government has thought it all through.
I also hope so …
but I doubt it (as I suspect was your assessment)
but it will make economic sense (for the corp) … in the short run.
(wasn’t there a novel on this involving critical wing building skills with a major aircraft supplier – going to China .. a few years ago?)
I am beginning to wonder if it makes sense to just move…
Sure.. do like the big boys…
Be the first to take my economic “gains” to a cheap country.
Live like a king.. (hot and cold running servants)..
gotta do it before I actually drain my resources here..
here.. where I took advantage of the schools (for me, family, workers)
here.. where I took advantage of infrastructure to build my business
yea.. after all .. everything in the world can be equated into money.
lots of examples of ex-patriots retiring to .. “the islands”, Central America, etc….
mmmm…..
What was that about a rich man?
.. odds of getting into heaven?.. a camel? .. the “eye of a needle”?
It’s a good thing for economic rivals to share their technology and create good things. It’s bad for people to hoard their technology.
I wonder about the non-economic side. China could become a military rival. It’s obviously not good to share technology with a military rival. This is a bigger issue than this GE thing. We hope that trade leads to more wealth and intertwined economies so there’s no incentive to go to war b/c there can be no spoils of war. If it does not work out along this favorable scenario, sharing technology will look like a bad decision. I hope the government has thought it all through.