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> IN the old days each mega country had {car mfg, oil refining, shipbuilding, blah blah}. It's still the case
by ekianjo 4y ago
> IN the old days each mega country had {car mfg, oil refining, shipbuilding, blah blah}.
It's still the case
- gumby 4y agoIs it? Shipbuilding is mostly China and Korea, with a smaller amount in Japan and Europe. Is there any non-military, non-pleasure boat construction in the US? Australia no longer has car production. I don’t there is any in the Americas south of Mexico. Etc. The principle of comparative advantage has wiped out a lot of mid tier industry.