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When the Japanese Were the Economic Rivals

A reminder that 30 years ago there was just as much anti-Japan hysteria as there is anti-China hysteria today. But both are and will remain economic colonies of the Western capitalist empire.

Two local businessmen destroy a Japanese made car in 1988.

American car companies suffered in the 1980s as Japanese vehicles were cheaper and more reliable. Some major US car companies even had to file for chapter 11 bankruptcy protection to avoid going under.

In response, American business owners large and small made a heavy “Buy American” push in the late 1980s as the quality of Japanese goods soared.

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