dimelab dimelab: shrinking the gap between talk and action.

open factory Topic in The Credit Debacle Catalog

Culture of Life News Fri 2010-03-12 07:51 EST

Toyota Tears Of Regret

Toyota decided long ago during the push to force Japan to open the doors to imports from the US to balance Toyota exports to the US, that they would colonize the US by opening factories here. This allowed them to pocket all the profits while keeping the door open to selling 2-4 million cars every year in the US. This clever move paid off quite handsomely and now many Americans think Toyota is benign and not a major, major cause of the capital drain as well as job drain in the US.

Culture; Life News; regrets; Toyota Tears.