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Chimera

USA: Losing the war with Japan

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Chimera   

 

Youtube:
Excellent documentary from 1991 that exposes how Japan uses predatory trade practices to eliminate U.S. competition and stifle new U.S. competition. This explains how Japan closes its home market to outside competition so that it can compete in the U.S. market from a sanctuary. It also covers Japan's use of lobbyists to represent their interests over that of U.S. workers and entrepreneurs. Even though the documentary was originally broadcast in 1991, it is still relevant today since the U.S. trade deficit with Japan is much worse.

 

Since this video aired 17 years ago, the annual trade deficit with Japan has almost doubled to over $7 billion/month ($88 billion for all of 2006).

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