The long communications and supply chains are too expensive.
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Most CEO’s know how to climb the ladder and stab people in the back, but little more, or may have an Ivy League degree in addition to the above. They follow trends like everyone else.
I have long maintained that one of the most destructive things to happen to the American economy was the rise of MBA programs.
In the old days the President of a steel company was a guy who came up thru the ranks and ate, slept, breathed making steel.
Today they’ll just as easily take a guy with an MBA from a company that makes gloves, software or soda pop who knows all the tricks of maximizing profits. But not jack about making the product.