10 notes &
A Japanese Take On The US Economy
Does “Economy” = “Platform”? If so, is the U.S. Facebook? Windows? Apple App Store? Twitter? …who should it want to be?
A term you may or may not already know but seems to fit your perspective on why and how the US may survive this crisis is Sokojikara. It is a term of Japanese origin that defines American resiliency as having three pillars: massive immigration, an open economy, and vast natural resources. It came out writings about how the US was able to beat the Japanese after WWII and why Japanese business in the 80’s should have been wary of counting the US out of the technology business (back then). It seems to aptly characterize your arguments. I also believe the US will recover for these reasons (not necessarily those described by the president). Perhaps if we can get this perspective (and term) into the media we can influence a more logically constructed road to recovery.
Originally posted as a comment by Erik Giles on A VC using Disqus.