And that brings me to principle number two. I have nothing against finance, I have nothing against the services industry. Obviously these are very, very critical parts of our economy. But There was a principle that was out there, I think, fundamentally a lie that was out there, which is that the Western economies would transition from being manufacturing economies into being built around finance and services. And the reality is that you need all of these things. You need, of course, a healthy financial sector to get investments into the right industries, into the right companies to support the amazing entrepreneurs, some of whom we have here today. (19:32–19:45)
CLAIM
Asserts that the idea of Western economies transitioning solely to finance and services is fundamentally a lie.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
