Tuesday, February 17, 2009

China Buys US Businesses, Fires US Managers

I got mail from an old friend I had consulted with a number of years ago. He departed that company and went to work in another company. That company dropped their US manufacturing and moved it to China. He was sent to China to teach the people how to manufacturer their products. He did very well in this task.

His mail stated he was out of work as the Chinese company had purchased the US company recently and fired him.

This is exactly what I had predicted in my book "China's War on the American Economy".

Some days it hurts to be right. I wish him well and told him I would send him a copy of my next book "How to find your dream job in a nightmare economy."

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