> The right time to worry about manufacturing would have been years before the war, except you weren’t able to anticipate and prepare for the future People wer

> The right time to worry about manufacturing would have been years before the war, except you weren’t able to anticipate and prepare for the future People were worrying about this as early as the 1970s when Japan started importing cars, and in the 1990s when Chinese markets started to open up under the condition that the Western companies partner with Chinese ones and effectuate technology transfers to them. These folks foresaw the future, but politicians and corporate managers didn’t care; they were focused on expansion at all costs. Now that the future is today, all they can say is “I told you so,” which isn’t much comfort to anyone.