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Japan wasn't run by a dictator, didn't have tens of thousands of people from a particular religious group placed into concentration camps, or owned so much stoc
by laputan_machine 7y ago
Japan wasn't run by a dictator, didn't have tens of thousands of people from a particular religious group placed into concentration camps, or owned so much stock in particular US companies that they can get those very same US companies to bend over to their demands.
It's not the same, and you know that.
- yorwba 7y agoJapan has put almost as much money ($1B) into US treasuries as China ($1.1B) https://fas.org/sgp/crs/misc/RS22331.pdf https://fas.org/sgp/crs/misc/RS22331.pdf Since China is "new money", Japan must have held more US debt at some point. It seems unlikely to me that this would not also extend to holding stakes in American companies.
- alasdair_ 7y agoI was talking about the economic threat. I completely agree that The Japan of twenty years ago was a much freer place than China today and that they are not the same thing in terms of authoritarianism. Economically though, the two situations are similar.