SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : XXXXXXX
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Joseph G. who wrote (2080)12/13/1997 2:30:00 AM
From: John H.   of 2563
 
J+

Forgive, I was probably just going off; it was late and I was tired. As I understand it, a kiretsu is a "gang" of companies that have the backing of a bank. The point here is to break the competition, even if you have to cut your profits to nil in order to do so. Manufacturing capacity certainly helps such an effort, and my understanding was that the asians were expanding capacity without regard to what it cost to do so (in terms of borrowing). Certainly, without tariffs, our industries would have found it difficult to keep up in the short term (case in point, the automotive industry). I assume that US retailers of their products came out better than did the kiretsus.

j
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News