Here’s Eamonn Fingleton arguing in 2012 that Japan’s “lost decade” was a myth that Japan went along with because of its usefulness in avoiding trade disputes, etc.http://www.nytimes.com/2012/01/08/opinion/sunday/the-true-story-of-japans-economic-success.html …
-
-
it's incredible how many americans I talk to who appear to think that the capsule hotel is the default for lodgings in Japan
-
Gawd but the U.S. got played; Eamonn F. is one shrewd observer.
-
I think it was more mutual. America’s leaders don’t want lame stuff like infrastructure or factories, they want financial assets. They think they’re playing the East Asia countries by letting them have all that machinery, while America just keeps the best part.
-
well...America *thinks* it kept the best part
-
Right. You have a company like HP that went from an innovator to buying computers from Taiwan and putting an “HP” logo on them and they think they’re geniuses who duped dumb foreigners into doing the unprofitable stuff for them but really they’re living on borrowed time.
End of conversation
New conversation -
-
-
the entire world is running on echos of ww2 propaganda realities
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.