[Applause] what if I told you that the world as we
what if I told you that the world as we
what if I told you that the world as we know it is no more and that there’s one
know it is no more and that there’s one
know it is no more and that there’s one word that would secure a better future
word that would secure a better future
word that would secure a better future for all of us but before I get into that
for all of us but before I get into that
for all of us but before I get into that let me tell you a few stories I’m gonna
let me tell you a few stories I’m gonna
let me tell you a few stories I’m gonna tell you three stories in fact I’m gonna
tell you three stories in fact I’m gonna
tell you three stories in fact I’m gonna tell you a personal story a corporate
tell you a personal story a corporate
tell you a personal story a corporate story and a global story let’s start
story and a global story let’s start
story and a global story let’s start with the personal story so over 15 years
with the personal story so over 15 years
with the personal story so over 15 years ago I was recruited from Canada to
ago I was recruited from Canada to
ago I was recruited from Canada to Silicon Valley by a high-tech
Silicon Valley by a high-tech
Silicon Valley by a high-tech multinational and one thing that struck
multinational and one thing that struck
multinational and one thing that struck me when I met Americans for the first
me when I met Americans for the first
me when I met Americans for the first time was the sympathetic tone that they
time was the sympathetic tone that they
time was the sympathetic tone that they would give me and the look and they
would give me and the look and they
would give me and the look and they would kind of tilt their head to the
would kind of tilt their head to the
would kind of tilt their head to the side and they say oh you’re Canadian
side and they say oh you’re Canadian
side and they say oh you’re Canadian babies they’re so nice I leave a
babies they’re so nice I leave a
babies they’re so nice I leave a conversation a bit perplexed like what
conversation a bit perplexed like what
conversation a bit perplexed like what do they mean by that was I not a worthy
do they mean by that was I not a worthy
do they mean by that was I not a worthy contender was I so exceptionally
contender was I so exceptionally
contender was I so exceptionally unthreatening by being a Canadian and so
unthreatening by being a Canadian and so
unthreatening by being a Canadian and so I give this more thought and I realized
I give this more thought and I realized
I give this more thought and I realized for me to be successful in the US I had
for me to be successful in the US I had
for me to be successful in the US I had to change and so I became a hybrid of
to change and so I became a hybrid of
to change and so I became a hybrid of practices I learned from the Americans
practices I learned from the Americans
practices I learned from the Americans and I adapted to an adopted some of
and I adapted to an adopted some of
and I adapted to an adopted some of their more assertive American ways along
their more assertive American ways along
their more assertive American ways along with being the Canadian who I was in
with being the Canadian who I was in
with being the Canadian who I was in order for me to continue on and to be
order for me to continue on and to be
order for me to continue on and to be somewhat successful there now let me
somewhat successful there now let me
somewhat successful there now let me shift gears and get into the second
shift gears and get into the second
shift gears and get into the second story I’m gonna tell you about that
story I’m gonna tell you about that
story I’m gonna tell you about that terrific high-tech multinational that I
terrific high-tech multinational that I
terrific high-tech multinational that I went to Silicon Valley to work for now
went to Silicon Valley to work for now
went to Silicon Valley to work for now they were a world-class company and I
they were a world-class company and I
they were a world-class company and I was so proud to work for them in fact
was so proud to work for them in fact
was so proud to work for them in fact they were an leader in the industry they
they were an leader in the industry they
they were an leader in the industry they were innovators they had market share
were innovators they had market share
were innovators they had market share dominance they had major brand equity
dominance they had major brand equity
dominance they had major brand equity because their product superiority so
because their product superiority so
because their product superiority so essentially they were the best then
essentially they were the best then
essentially they were the best then things started to change a little bit
things started to change a little bit
things started to change a little bit and we would be
and we would be
and we would be being challenged by emerging competitors
being challenged by emerging competitors
being challenged by emerging competitors and we weren’t winning business in
and we weren’t winning business in
and we weren’t winning business in certain markets as easily as we were
certain markets as easily as we were
certain markets as easily as we were used to so what had changed what
used to so what had changed what
used to so what had changed what happened as it turns out we did such a
happened as it turns out we did such a
happened as it turns out we did such a good job at being the best that foreign
good job at being the best that foreign
good job at being the best that foreign companies were emulating our business
companies were emulating our business
companies were emulating our business strategy from product development right
strategy from product development right
strategy from product development right down to marketing approaches and I know
down to marketing approaches and I know
down to marketing approaches and I know this firsthand because I was tasked with
this firsthand because I was tasked with
this firsthand because I was tasked with monitoring and addressing some of these
monitoring and addressing some of these
monitoring and addressing some of these new sales dynamics and so they say that
new sales dynamics and so they say that
new sales dynamics and so they say that imitation is the finest form of flattery
imitation is the finest form of flattery
imitation is the finest form of flattery but it doesn’t protect revenues and
but it doesn’t protect revenues and
but it doesn’t protect revenues and market share and so we quickly learned
market share and so we quickly learned
market share and so we quickly learned that we needed to adjust we needed to
that we needed to adjust we needed to
that we needed to adjust we needed to adjust our business strategy in certain
adjust our business strategy in certain
adjust our business strategy in certain markets in order to stay ahead and so
markets in order to stay ahead and so
markets in order to stay ahead and so secure hold our position of strength now
secure hold our position of strength now
secure hold our position of strength now you’re probably thinking okay great
you’re probably thinking okay great
you’re probably thinking okay great great stories but what does that have to
great stories but what does that have to
great stories but what does that have to do with me
do with me
do with me let me get into the global story and
let me get into the global story and
let me get into the global story and let’s take a look at how it was how it’s
let’s take a look at how it was how it’s
let’s take a look at how it was how it’s been and how it has become so the West
been and how it has become so the West
been and how it has become so the West which includes Canada the US Western
which includes Canada the US Western
which includes Canada the US Western European countries etc have had pretty
European countries etc have had pretty
European countries etc have had pretty good economies in the last few decades
good economies in the last few decades
good economies in the last few decades don’t you think right the prosperity has
don’t you think right the prosperity has
don’t you think right the prosperity has allowed us to have very strong buying
allowed us to have very strong buying
allowed us to have very strong buying power and a great standard of living in
power and a great standard of living in
power and a great standard of living in fact shopping has become a favorite
fact shopping has become a favorite
fact shopping has become a favorite pastime for many of us and the
pastime for many of us and the
pastime for many of us and the additional spending powers allowed us to
additional spending powers allowed us to
additional spending powers allowed us to upgrade our homes etc life has been
upgrade our homes etc life has been
upgrade our homes etc life has been pretty good then in 1976
pretty good then in 1976
pretty good then in 1976 with the joining of Canada to the g7 the
with the joining of Canada to the g7 the
with the joining of Canada to the g7 the International Monetary Fund said that
International Monetary Fund said that
International Monetary Fund said that these countries were the most advanced
these countries were the most advanced
these countries were the most advanced economies in the world and they
economies in the world and they
economies in the world and they represented more than 50 percent of the
represented more than 50 percent of the
represented more than 50 percent of the net global wealth and they would get
net global wealth and they would get
net global wealth and they would get together occasionally and talk about
together occasionally and talk about
together occasionally and talk about macroeconomics and international trade
macroeconomics and international trade
macroeconomics and international trade and relations with developing countries
and relations with developing countries
and relations with developing countries now because of this concentration of
now because of this concentration of
now because of this concentration of power
power
power in a few in the hands of a few countries
in a few in the hands of a few countries
in a few in the hands of a few countries that share some similar views and values
that share some similar views and values
that share some similar views and values they were able to direct the global
they were able to direct the global
they were able to direct the global economy and they were able to decide to
economy and they were able to decide to
economy and they were able to decide to be nice they decided that they were
be nice they decided that they were
be nice they decided that they were gonna help the emerging countries grow
gonna help the emerging countries grow
gonna help the emerging countries grow right by being cooperative by
right by being cooperative by
right by being cooperative by establishing partners partnerships by
establishing partners partnerships by
establishing partners partnerships by you know contributing funds and
you know contributing funds and
you know contributing funds and knowledge transfer and Martin you know
knowledge transfer and Martin you know
knowledge transfer and Martin you know special allowances and market access etc
special allowances and market access etc
special allowances and market access etc and then they did such a good job at
and then they did such a good job at
and then they did such a good job at being nice I’ve been giving and
being nice I’ve been giving and
being nice I’ve been giving and cooperative that it fueled the growth of
cooperative that it fueled the growth of
cooperative that it fueled the growth of the emerging countries and so this power
the emerging countries and so this power
the emerging countries and so this power gap is closing right to the point where
gap is closing right to the point where
gap is closing right to the point where these emerging countries wealth became
these emerging countries wealth became
these emerging countries wealth became so strong they got it voice at the table
so strong they got it voice at the table
so strong they got it voice at the table and so the g20 was formed with developed
and so the g20 was formed with developed
and so the g20 was formed with developed countries and developing countries
countries and developing countries
countries and developing countries coming together and giving everybody a
coming together and giving everybody a
coming together and giving everybody a more power in determining how the global
more power in determining how the global
more power in determining how the global economy was going to be run right so as
economy was going to be run right so as
economy was going to be run right so as you see your countries like China like
you see your countries like China like
you see your countries like China like India like Brazil came into the mix and
India like Brazil came into the mix and
India like Brazil came into the mix and so now there’s a power shift and the
so now there’s a power shift and the
so now there’s a power shift and the West has to adjust to this power shift
West has to adjust to this power shift
West has to adjust to this power shift and the thing is these new players don’t
and the thing is these new players don’t
and the thing is these new players don’t necessarily play by the same rules
necessarily play by the same rules
necessarily play by the same rules right so we hear a lot of complaints
right so we hear a lot of complaints
right so we hear a lot of complaints about unfair trade practices or
about unfair trade practices or
about unfair trade practices or infringement of intellectual property
infringement of intellectual property
infringement of intellectual property laws etc so again the influence and the
laws etc so again the influence and the
laws etc so again the influence and the power of the West has been marginalized
power of the West has been marginalized
power of the West has been marginalized and we need to shift and adjust to
and we need to shift and adjust to
and we need to shift and adjust to accept this power shift alright so again
accept this power shift alright so again
accept this power shift alright so again so why do you care she’s talking
so why do you care she’s talking
so why do you care she’s talking economics this is way beyond me let’s
economics this is way beyond me let’s
economics this is way beyond me let’s bring it down to your concerns the
bring it down to your concerns the
bring it down to your concerns the Western economies are suffering we are
Western economies are suffering we are
Western economies are suffering we are not growing like we used to grow take a
not growing like we used to grow take a
not growing like we used to grow take a look at this chart and look at Canada’s
look at this chart and look at Canada’s
look at this chart and look at Canada’s GDP decline over the last five years
GDP decline over the last five years
GDP decline over the last five years pretty aggressive isn’t it alright and
pretty aggressive isn’t it alright and
pretty aggressive isn’t it alright and if you even compare Canada and the US
if you even compare Canada and the US
if you even compare Canada and the US u.s. is growth at under two percent
u.s. is growth at under two percent
u.s. is growth at under two percent compared to China at six point five to
compared to China at six point five to
compared to China at six point five to seven percent of course that’s always
seven percent of course that’s always
seven percent of course that’s always debatable but it’s still larger and then
debatable but it’s still larger and then
debatable but it’s still larger and then unemployment rates are exceptionally
unemployment rates are exceptionally
unemployment rates are exceptionally high seven percent in Canada and we see
high seven percent in Canada and we see
high seven percent in Canada and we see in in the u.s. they’re clamoring for
in in the u.s. they’re clamoring for
in in the u.s. they’re clamoring for their jobs their manufacturing jobs to
their jobs their manufacturing jobs to
their jobs their manufacturing jobs to come back home they’ve lost too many
come back home they’ve lost too many
come back home they’ve lost too many jobs overseas what are you gonna do
jobs overseas what are you gonna do
jobs overseas what are you gonna do about it politicians and of course the
about it politicians and of course the
about it politicians and of course the cost of living has has gone up
cost of living has has gone up
cost of living has has gone up significantly real estate costs so
significantly real estate costs so
significantly real estate costs so because these emerging countries are
because these emerging countries are
because these emerging countries are wealthier they’re coming over and
wealthier they’re coming over and
wealthier they’re coming over and they’re buying your real estate and a
they’re buying your real estate and a
they’re buying your real estate and a top dollar to the point where your local
top dollar to the point where your local
top dollar to the point where your local economies are placing fifteen percent
economies are placing fifteen percent
economies are placing fifteen percent taxes on foreign purchasers just to try
taxes on foreign purchasers just to try
taxes on foreign purchasers just to try to contain the high skyrocketing real
to contain the high skyrocketing real
to contain the high skyrocketing real estate prices and then we’re gonna get
estate prices and then we’re gonna get
estate prices and then we’re gonna get into this a little more later but our
into this a little more later but our
into this a little more later but our competitive advantage is also threatened
competitive advantage is also threatened
competitive advantage is also threatened so why should you care your standard of
so why should you care your standard of
so why should you care your standard of living your quality of life is at stake
living your quality of life is at stake
living your quality of life is at stake all right so more than ever right the
all right so more than ever right the
all right so more than ever right the West needs to shift gears and wake up we
West needs to shift gears and wake up we
West needs to shift gears and wake up we really need to just wake up and do
really need to just wake up and do
really need to just wake up and do things differently we no longer can
things differently we no longer can
things differently we no longer can afford to be nice or at least not in the
afford to be nice or at least not in the
afford to be nice or at least not in the same way that we have been we need to
same way that we have been we need to
same way that we have been we need to look within and change easy enough to
look within and change easy enough to
look within and change easy enough to say so what did this do all of these
say so what did this do all of these
say so what did this do all of these economic downturns and threats provoked
economic downturns and threats provoked
economic downturns and threats provoked they provoked a reaction of let’s
they provoked a reaction of let’s
they provoked a reaction of let’s protect let’s protect and grow just on
protect let’s protect and grow just on
protect let’s protect and grow just on the inside right right within our own
the inside right right within our own
the inside right right within our own borders and just like in the airline
borders and just like in the airline
borders and just like in the airline industry when they say make sure you put
industry when they say make sure you put
industry when they say make sure you put your oxygen mask on first before you
your oxygen mask on first before you
your oxygen mask on first before you help others that’s the same reaction
help others that’s the same reaction
help others that’s the same reaction that politicians are having we and we’ve
that politicians are having we and we’ve
that politicians are having we and we’ve seen this right insulate protect the
seen this right insulate protect the
seen this right insulate protect the home front
home front
home front let’s get competitive if we don’t take
let’s get competitive if we don’t take
let’s get competitive if we don’t take care of number one who’s gonna take care
care of number one who’s gonna take care
care of number one who’s gonna take care of number one by the way there is only
of number one by the way there is only
of number one by the way there is only one number one it’s gonna be us right
one number one it’s gonna be us right
one number one it’s gonna be us right and then we get into the import taxes
and then we get into the import taxes
and then we get into the import taxes and tariffs and we get into
and tariffs and we get into
and tariffs and we get into manufacturing and bringing home etc and
manufacturing and bringing home etc and
manufacturing and bringing home etc and so in other words the the whole idea the
so in other words the the whole idea the
so in other words the the whole idea the SEPTA’s let’s play hardball and let’s be
SEPTA’s let’s play hardball and let’s be
SEPTA’s let’s play hardball and let’s be less nice and this isn’t just rhetoric
less nice and this isn’t just rhetoric
less nice and this isn’t just rhetoric right we’ve seen this with brexit and
right we’ve seen this with brexit and
right we’ve seen this with brexit and we’ve seen it with the recent USA
we’ve seen it with the recent USA
we’ve seen it with the recent USA protectionist movement now I do believe
protectionist movement now I do believe
protectionist movement now I do believe that we we do need to take better care
that we we do need to take better care
that we we do need to take better care of the homefront times have changed and
of the homefront times have changed and
of the homefront times have changed and we can no longer operate under the same
we can no longer operate under the same
we can no longer operate under the same rules and and procedures that we have in
rules and and procedures that we have in
rules and and procedures that we have in the past but the question is so what do
the past but the question is so what do
the past but the question is so what do we do so what I had just described is
we do so what I had just described is
we do so what I had just described is you know with the whole protectionist
you know with the whole protectionist
you know with the whole protectionist movement is running sprints when the
movement is running sprints when the
movement is running sprints when the race really is a marathon it’s not
race really is a marathon it’s not
race really is a marathon it’s not sustainable right so if we do take the
sustainable right so if we do take the
sustainable right so if we do take the protectionist approach and bring jobs
protectionist approach and bring jobs
protectionist approach and bring jobs home it really only has a short-run
home it really only has a short-run
home it really only has a short-run reaction right or reward but it really
reaction right or reward but it really
reaction right or reward but it really is only damaging to our economy in the
is only damaging to our economy in the
is only damaging to our economy in the long run so let’s take a specific
long run so let’s take a specific
long run so let’s take a specific example if say we did it apply import
example if say we did it apply import
example if say we did it apply import tariffs and taxes to foreign goods
tariffs and taxes to foreign goods
tariffs and taxes to foreign goods coming into our country well it would
coming into our country well it would
coming into our country well it would create more jobs that actually causes us
create more jobs that actually causes us
create more jobs that actually causes us to have more costs higher costs equals
to have more costs higher costs equals
to have more costs higher costs equals inflation inflation causes in higher
inflation inflation causes in higher
inflation inflation causes in higher interest rates higher interest rates
interest rates higher interest rates
interest rates higher interest rates means reduced investment right and less
means reduced investment right and less
means reduced investment right and less spending thus further stagnation of our
spending thus further stagnation of our
spending thus further stagnation of our economy and let’s let’s also not forget
economy and let’s let’s also not forget
economy and let’s let’s also not forget this is going to cause retaliation by
this is going to cause retaliation by
this is going to cause retaliation by other countries on our goods they’re not
other countries on our goods they’re not
other countries on our goods they’re not gonna let us in either and we need
gonna let us in either and we need
gonna let us in either and we need global trade for us to grow and based on
global trade for us to grow and based on
global trade for us to grow and based on the charts that I showed you before we
the charts that I showed you before we
the charts that I showed you before we really need to grow so now what
really need to grow so now what
really need to grow so now what so clearly either extreme is is not a
so clearly either extreme is is not a
so clearly either extreme is is not a viable option
viable option
viable option we can’t be super cooperative and
we can’t be super cooperative and
we can’t be super cooperative and extremely nice and giving and partner
extremely nice and giving and partner
extremely nice and giving and partner and have the giving to be one way nor
and have the giving to be one way nor
and have the giving to be one way nor can we be hyper competitive or super
can we be hyper competitive or super
can we be hyper competitive or super protectionist because at the end of the
protectionist because at the end of the
protectionist because at the end of the day they both have not very strong
day they both have not very strong
day they both have not very strong outcomes in the long run so the new way
outcomes in the long run so the new way
outcomes in the long run so the new way what we need to do is
what we need to do is
what we need to do is change and adapt the wist needs to shift
change and adapt the wist needs to shift
change and adapt the wist needs to shift gears by accepting this new world order
gears by accepting this new world order
gears by accepting this new world order we need to accept that there’s a power
we need to accept that there’s a power
we need to accept that there’s a power shift and that there’s new players in
shift and that there’s new players in
shift and that there’s new players in the mix and that they play by different
the mix and that they play by different
the mix and that they play by different rules and that we maybe need to learn
rules and that we maybe need to learn
rules and that we maybe need to learn from them and adopt some of their
from them and adopt some of their
from them and adopt some of their practices in order for us to become more
practices in order for us to become more
practices in order for us to become more successful going forward we need to
successful going forward we need to
successful going forward we need to shift from this comfort zone of being
shift from this comfort zone of being
shift from this comfort zone of being the best it’s been it’s been a great
the best it’s been it’s been a great
the best it’s been it’s been a great ride all right last few decades we’ve
ride all right last few decades we’ve
ride all right last few decades we’ve set the global standard everyone looked
set the global standard everyone looked
set the global standard everyone looked to us being the best is a pretty
to us being the best is a pretty
to us being the best is a pretty comfortable place at a certain point but
comfortable place at a certain point but
comfortable place at a certain point but being the best is a little bit on the
being the best is a little bit on the
being the best is a little bit on the static side we need to shift to a
static side we need to shift to a
static side we need to shift to a philosophy of becoming better and by
philosophy of becoming better and by
philosophy of becoming better and by better we need to learn we need to
better we need to learn we need to
better we need to learn we need to evolve we need to shift the way we do
evolve we need to shift the way we do
evolve we need to shift the way we do business in order to stay ahead
business in order to stay ahead
business in order to stay ahead so like the two stories that I mentioned
so like the two stories that I mentioned
so like the two stories that I mentioned at the beginning right when I had to
at the beginning right when I had to
at the beginning right when I had to shift gears and become a little bit more
shift gears and become a little bit more
shift gears and become a little bit more American to succeed in a new culture and
American to succeed in a new culture and
American to succeed in a new culture and just like the American multi-national
just like the American multi-national
just like the American multi-national that had to change its business approach
that had to change its business approach
that had to change its business approach in order to be a little bit more
in order to be a little bit more
in order to be a little bit more successful within new market dynamics so
successful within new market dynamics so
successful within new market dynamics so to do we all have to change in certain
to do we all have to change in certain
to do we all have to change in certain ways let’s talk a little bit about
ways let’s talk a little bit about
ways let’s talk a little bit about innovation now and what I call the
innovation now and what I call the
innovation now and what I call the innovation advantage which has been our
innovation advantage which has been our
innovation advantage which has been our competitive differentiator on the
competitive differentiator on the
competitive differentiator on the international scene the West especially
international scene the West especially
international scene the West especially Canada the US has been known to be
Canada the US has been known to be
Canada the US has been known to be innovators and emerging countries have
innovators and emerging countries have
innovators and emerging countries have looked to us for for innovation and by
looked to us for for innovation and by
looked to us for for innovation and by looking towards us they have grown and
looking towards us they have grown and
looking towards us they have grown and they’ve learned and they’ve taken on
they’ve learned and they’ve taken on
they’ve learned and they’ve taken on their own innovation models China for
their own innovation models China for
their own innovation models China for example is a great example they’re
example is a great example they’re
example is a great example they’re becoming innovative on their own but
becoming innovative on their own but
becoming innovative on their own but they’ve done that by sending droves of
they’ve done that by sending droves of
they’ve done that by sending droves of delegations over here into Silicon
delegations over here into Silicon
delegations over here into Silicon Valley to learn how to become innovative
Valley to learn how to become innovative
Valley to learn how to become innovative when’s the last time we sent delegations
when’s the last time we sent delegations
when’s the last time we sent delegations to China to learn about maybe supply
to China to learn about maybe supply
to China to learn about maybe supply chain efficiencies or new business
chain efficiencies or new business
chain efficiencies or new business models and by the way we really need to
models and by the way we really need to
models and by the way we really need to get smarter about commercializing or
get smarter about commercializing or
get smarter about commercializing or monetizing our innovation
monetizing our innovation
monetizing our innovation we’re very proud of being clever and
we’re very proud of being clever and
we’re very proud of being clever and innovative and smart but are we really
innovative and smart but are we really
innovative and smart but are we really making that much money from them
making that much money from them
making that much money from them couldn’t we make a little bit more but
couldn’t we make a little bit more but
couldn’t we make a little bit more but that’s another topic for another day now
that’s another topic for another day now
that’s another topic for another day now the real kicker for me was when I
the real kicker for me was when I
the real kicker for me was when I discovered that China thinks that
discovered that China thinks that
discovered that China thinks that they’re more innovative than Canada in
they’re more innovative than Canada in
they’re more innovative than Canada in their national innovation index report
their national innovation index report
their national innovation index report they actually ranked Canada at number 20
they actually ranked Canada at number 20
they actually ranked Canada at number 20 and ranked themselves at number 18 so
and ranked themselves at number 18 so
and ranked themselves at number 18 so even the perception of Canada as an
even the perception of Canada as an
even the perception of Canada as an innovator is weakening with emerging
innovator is weakening with emerging
innovator is weakening with emerging markets a little bit alarming so at the
markets a little bit alarming so at the
markets a little bit alarming so at the end of the day what I’m suggesting is
end of the day what I’m suggesting is
end of the day what I’m suggesting is that we need to be more innovative at
that we need to be more innovative at
that we need to be more innovative at innovation we need to recreate our
innovation we need to recreate our
innovation we need to recreate our competitive advantage all right so I’m
competitive advantage all right so I’m
competitive advantage all right so I’m not suggesting at the end of the day
not suggesting at the end of the day
not suggesting at the end of the day that you give up on being nice I’m
that you give up on being nice I’m
that you give up on being nice I’m simply suggesting that you take on a new
simply suggesting that you take on a new
simply suggesting that you take on a new flavor of nice so instead of good old
flavor of nice so instead of good old
flavor of nice so instead of good old vanilla nice maybe it’s a tutti fruiti
vanilla nice maybe it’s a tutti fruiti
vanilla nice maybe it’s a tutti fruiti kind of nice right a mix of different
kind of nice right a mix of different
kind of nice right a mix of different practices we need to take care of our
practices we need to take care of our
practices we need to take care of our own interests while we are cooperating
own interests while we are cooperating
own interests while we are cooperating and collaborating with other nations
and collaborating with other nations
and collaborating with other nations right mutual interests are important but
right mutual interests are important but
right mutual interests are important but that’s the key is two-way exchange
that’s the key is two-way exchange
that’s the key is two-way exchange making sure that those exchanges are
making sure that those exchanges are
making sure that those exchanges are mutual and taking on a philosophy of
mutual and taking on a philosophy of
mutual and taking on a philosophy of being better and adapting and learning
being better and adapting and learning
being better and adapting and learning this win-win attitude also has to be two
this win-win attitude also has to be two
this win-win attitude also has to be two ways fair trade is key and reciprocity
ways fair trade is key and reciprocity
ways fair trade is key and reciprocity from all parties involved is really
from all parties involved is really
from all parties involved is really important for this to work and it’s not
important for this to work and it’s not
important for this to work and it’s not just one nation or two nations it’s all
just one nation or two nations it’s all
just one nation or two nations it’s all nations so the one word that I promised
nations so the one word that I promised
nations so the one word that I promised you at the beginning of our talk it’s
you at the beginning of our talk it’s
you at the beginning of our talk it’s really not either one of these practices
really not either one of these practices
really not either one of these practices look are the world has become bigger and
look are the world has become bigger and
look are the world has become bigger and smaller at the same time our economies
smaller at the same time our economies
smaller at the same time our economies are too intertwined and 200
are too intertwined and 200
are too intertwined and 200 interdependent and gone are the days of
interdependent and gone are the days of
interdependent and gone are the days of global DOM
global DOM
global DOM by one player or even a few players we
by one player or even a few players we
by one player or even a few players we need each other’s differentiated
need each other’s differentiated
need each other’s differentiated benefits and our economies to grow we
benefits and our economies to grow we
benefits and our economies to grow we can no longer just grow within our own
can no longer just grow within our own
can no longer just grow within our own Nations and so we need to foster this
Nations and so we need to foster this
Nations and so we need to foster this collaborative attitude and so we can’t
collaborative attitude and so we can’t
collaborative attitude and so we can’t just be cooperative and nor can we be
just be cooperative and nor can we be
just be cooperative and nor can we be purely competitive that one word that
purely competitive that one word that
purely competitive that one word that will secure our future success is the
will secure our future success is the
will secure our future success is the combination of the two that one word is
combination of the two that one word is
combination of the two that one word is coopertition thank you
”
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