This was the most asinine statement I have heard in a long time.
The discussion had to do with these bailouts and whether the car manufacturers were really willing to do whatever it takes to stay in business. Then someone brought up the Japanese economy and said that he expected them to fare better since their economy isn’t in the same state as ours. Then someone butted in with “…but we won that war against them.”
So let me get this straight.
The Japanese economy should be in shambles just like ours, and in fact in worse condition than ours, simply because we defeated them in WWII. That they might be better at managing money and not have poiticians who treat the finances of a nation with all of the self control of a mechanical bull set on high and not bolted down very well.
I guess we should expect the same of Germany since we defeated them and Spain and going all the way back to 1812 and 1776, England. So by this dubious logic we should be the financial masters of the world, sitting atop a sinking, crumbling mud-brick and quicksand structure made up of the crashing economies of former enemies.
Yep. Makes sense to me.