I debated a bit whether to answer this or not. But in the Air Bus example, about half of the end profits will likely show up on Northrup's ledgers. The other half? - It'll mix with Northrup's into the World Economy and Market Place.Ed in Tampa wrote:Chuck
I agree with much of what you say, but when all the screaming and shouting is over where do the profits, not the cost of manufacture, or wages, but the profits, the items on the asset side of the ledger go? And whose economy do they bolster? I guarantee you it is ain't the US.
Ed
At the risk of sounding subversive or something (I'm really a proud U.S. military veteran) - I believe the days of economic isolationship really ended with WWII. When nations swapped technology - Assembly lines to Japan , Rockets to the U.S., Atomic power to almost the whole world, Etc. Etc.