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Originally Posted by Carmine
A couple points:
There of course was the famous (infamous) TV dumping case against the Japanese that was dragged out so long in court (in exchange for Japanese support of US policy) that every US-made TV company except Zenith and RCA was gone by the time it was ruled the Japanese were dumping.
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For whatever reason since WWII, the Japanese seem to be far more sucessful at business than the American counterparts. First they successfully took over television electronics and now they have taken over the huge automobile industry that used to be the mainstay of America. All accomplished by a small nation with little or no natural resources to themselves.
A lot has happened since WWII and it hasn't been so good for the U.S I'm afraid. The U.S. should have made Japan the 51th state while we still had the chance.