East Asia Japan is no longer the world’s third-largest economy as it slips into recession

[Vsdoc]

If you can pull all the ingredients together to make it a success than it counts.

What I meant is that they already do have all the ingredients. Plus the work and quality ethic. The technology and the brains.

I believe they lack size. Land. Resources. Manpower. Aging population.

And yes, they very rarely trust outsiders to manufacture for them. Whether its Sony or Shimano or Honda. Or Takeda.

Their's is the problem of the perfectionist manager.

Cannot delegate.

 

[Krishna with Flute]

What I meant is that they already do have all the ingredients. Plus the work and quality ethic. The technology and the brains.

I believe they lack size. Land. Resources. Manpower. Aging population.

And yes, they very rarely trust outsiders to manufacture for them. Whether its Sony or Shimano or Honda. Or Takeda.

Their's is the problem of the perfectionist manager.

Cannot delegate.

That is true.. Like their success can be traced back to their hard work and competence in manufacturing, their failure can be traced back to excessive nationalism, mental block to go global. Had Japan gone global 2 decades back, it would have been at least a 10 tr USD economy today.