Japan

Japan Japanese in Control Vandana Gandhi Ms. Livingston 19 July 2000 English 161 Japan in Control Americans who buy Japanese goods, or even US companies that actively source Japanese parts for their products unknowingly help Japanese reach the goal of their economic war. America often complains that Japan must change its ways to become more like us. However, this is not true, as America is not number one anymore. Today, the tables are turned. America, which used to be the world’s largest creditor nation, is now the world’s largest debtor nation. Currently, Japan is the world’s largest creditor nation and we are one of their biggest borrowers (Burnstein 77). Their strategies have helped Japanese industries take over in America. Moreover, Japan has taken control in the economic war with America. Japan is a major or dominant power in almost every world strategic industry including finance, communications, mass-transit, semi-conductors, motor vehicles, and popular-entertainment. Two of the three biggest movie/entertainment companies in America (Universal/MCA), the makers of "Jurassic Park", and Columbia/Tri-star are Japanese. Many big companies in the US like Loews Theatres, and Firestone Tires are Japanese. In fact, today 7 of the 10 largest companies in the world are Japanese. Furthermore, japanese, japan, companies, america, industry, goods, products, make, american, one, market, world, industries, today, foreign, tv, trade, take, over, out, money, keiretsu, every, very, firms, economic, because, strategy, result, each, country, consumer, cartel, cars, car, against