Many bought into the idea that America could go from a technology-based, export-oriented powerhouse to a services-led, consumption-based economy - and somehow still expect to prosper. That idea was flat wrong. Our economy tilted instead toward the quicker profits of financial services.
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"Many bought into the idea that America could go from a technology-based, export-oriented powerhouse to a services-led, consumption-based economy - and somehow still expect to prosper. That idea was flat wrong. Our economy tilted instead toward the quicker profits of financial services." — Jeffrey R. Immelt #moneywealth #technologydigitallife
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Many bought into the idea that America could go from a technology-based, export-oriented power…
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Many bought into the idea that America could go from a technology-based, export-oriented powerhouse to a services-led, consumption-based economy - and somehow still expect to prosper. That idea was flat wrong. Our economy tilted instead toward the quicker profits of financial services. — Jeffrey R. Immelt
About Jeffrey R. Immelt
Jeffrey R. Immelt was a Businessman from United States (1956–present).
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Who said "Many bought into the idea that America could go from a technology-based, export…"?
This quote is attributed to Jeffrey R. Immelt, a Businessman from United States.
When did Jeffrey R. Immelt live?
Jeffrey R. Immelt lived from 1956 – present.
What is this quote about?
This quote touches on Money & Wealth, Technology & Digital Life. Browse more quotes on these themes from the categories page.