Monday, September 15, 2014

Alibaba Babble

Jack Ma wants to aggressively expand Alibaba in the US:

http://online.wsj.com/articles/alibaba-asia-roadshow-begins-jack-ma-says-company-to-expand-aggressively-in-u-s-1410765839

Is this good or bad?

Can it be good that a whole bunch of US money instantly goes to China with the Alibaba IPO, or that even more goes that same route later?

http://www.forbes.com/sites/ericjackson/2013/02/15/morgan-stanleys-latest-alibaba-estimates-suggest-its-worth-66-128-billion/

Can it be good that the Alibaba business model may crush the Walmart business model?

http://thenextweb.com/asia/2013/10/14/chinas-alibaba-aims-to-overtake-walmart-in-2016-as-worlds-biggest-retail-firm/

Most US citizens already fit the description "useless eaters". By allowing foreigners to aggressively take over what remains of the US economy, we are dooming the rest of us to the same fate.

You can't eat globalism. All it's good for is making someone you never heard of filthy fucking rich.

And disruptive technologies are good for disruption, but they sure don't help stability.

You think things are "unraveling" now? Just wait until this giant turd hits the proverbial fan.

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