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The Global Economy: This is what you get.

Oldguy

Senior Member
Sep 25, 2012
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Japan's re-entry into the big leagues of aircraft production is a direct offshoot of Boeing's decision to out-source critical components of the 787 Dreamliner to Japan. They transferred enough technology and know-how to enable the Japanese to compete with them in the civilian aircraft market.

More importantly, responding to the current Chinese and North Korean threat, the current government of Japan is embarking on a re-arming of that nation and advanced, domestically produced warplanes are a part of that. While that might seem great to us, it raises alarms all over those parts of Asia which still remember the Japanese occupation in WWII.

In this instance, is the global economy a good thing, or a bad thing?

To me? It's a bad thing and not only for the strategic considerations, but for our domestic labor as well.


http://www.nytimes.com/2013/04/10/b....html?nl=afternoonupdate&emc=edit_au_20130409
 

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