Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Path: utzoo!utgpu!water!watmath!looking!brad From: brad@looking.UUCP Newsgroups: can.politics Subject: Re: market crash Message-ID: <1078@looking.UUCP> Date: Mon, 26-Oct-87 15:18:23 EST Article-I.D.: looking.1078 Posted: Mon Oct 26 15:18:23 1987 Date-Received: Wed, 28-Oct-87 20:56:19 EST References: <170@bby-bc.UUCP> <1071@looking.UUCP> <5576@utcsri.UUCP> Reply-To: brad@looking.UUCP (Brad Templeton) Distribution: can Organization: Looking Glass Software Ltd. Lines: 31 In article <5576@utcsri.UUCP> pkern@utcsri.UUCP (pkern) writes: >In article <1071@looking.UUCP> brad@looking.UUCP (Brad Templeton) writes: >>In article <170@bby-bc.UUCP> john@bby-bc.UUCP (john) writes: >>> >>>What *would* be courageous would be to strike out and forge ties with >>>other countries; to make Canadians so good at what they do that people >>>come to us *asking* for our goods and services; to make us independent >>>of any one country, economically and politically. To stand on our own >>>feet for crying out loud. >> >>Yes, you're right. And strong trade barriers would be just the way to set >>this sort of thing up [8-)]. Who's being ludicrous? > > >Ludicrous? >Isn't that exactly what worked for Japan? Japan embarked on a program of industrialization helped by American restoration money. With low internal wages, almost feudal-style industrialism, an extremely agressive export program and (at first) free access to the world's largest markets, they manufactured first the cheapest, and later the highest quality goods in several industries. It was by making the most competitive goods in the *world* market that Japan attained success. The assured access to US markets provided by post WWII treaty agreements also played a vital part. What does this suggest about the value of free access to the US market? -- Brad Templeton, Looking Glass Software Ltd. - Waterloo, Ontario 519/884-7473