Has Japan Lost the Auto Race?
zaibatsu (shinkō koncherun) represented by Ayukawa Gisuke’s Nissan Zaibatsu,
Hiromi Mizuno • Science for the Empire: Scientific Nationalism in Modern Japan
In the 1980s, people like [Trump’s counselor for trade and manufacturing] Peter Navarro decided that Japan pulling ahead of the US in autos threatened the future of the U.S.
Japan did indeed pull ahead and never looked back.
The U.S. economy has more than doubled in size relative to Japan since then. It has doubled even after allowing for population... See more
Japan did indeed pull ahead and never looked back.
The U.S. economy has more than doubled in size relative to Japan since then. It has doubled even after allowing for population... See more
Oaktree Capital • Nobody Knows
Japan was richer per capita than the US in the late 1980s.
Today it sits at the bottom among developed countries.
How does an economic superpower fall this far and never recover?
Kenneth Rogoff (former Chief Economist of IMF) walked me through what he believes... See more
Dwarkesh Patelx.com