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Monday, 07/29/2024 5:08:40 PM

Monday, July 29, 2024 5:08:40 PM

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After WW2 we started the Marshall Plan to bring Western Europe back, an sent MacArthur to Japan to bring it back with a new constitution. The Japanese (and the Germans) took it seriously and excelled. The result was that the Japanese were all over the place, propelled by quality control manufacturing (learned from an American). I remember in the 80/90's, the prediction was that Japan would turn Florida into a Japanese golf resort (I was putting in a Florida golf course at the time) and buy up the commercial real estate. Indeed, they did buy the iconic Pebble Beach, which raised the alarms, and the new NYC Headquarters of CitiBank. And we pretty much let them do it because the plan was for them to succeed. Eventually they over extended, became much more conservative, and their growth slowed down ( they sold Pebble Beach and the Citi Headquarters and Florida survived the invasion). I bring this up because now the Chinese have been expanding all over the place, and we wanted them to succeed, and be be major trading partners and responsible world players. So we have seen this movie before. With one very big difference. We conquered Germany and Japan, helped them recover, and today they are our allies, not our enemies. China does not share that history and fully intends for their culture to dominate the world. And has been relentless and clever in making that happen. It is not possible for me to imagine that LQMT outside shareholders are not collateral damage, so all the otherwise sensible talk about how to run a successful company, is of little interest.
The Chinese control this entity, and will have to change their mind about what to do with it before anything happens. Like, for example, feed it, sell it?
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