2 ms·
Japan is a close ally, I understand the "National Security Concerns" but the reality is that without serious funding (Which the Govt. should not be doing), this
by ganoushoreilly 2y ago
Japan is a close ally, I understand the "National Security Concerns" but the reality is that without serious funding (Which the Govt. should not be doing), this is going to result in serious losses in jobs and production.
From a national security perspective, the factories are staying here and production is here. If there were a specific risk, they could nationalize / take control.
I'm not well versed on the "security" aspect of formulas in the steel industry, but is anything there really a risk? Isn't it all just about production?
If American companies aren't willing to buy and keep these jobs open, It seems like this is just markets playing out like they should.