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Richard Morchoe's avatar

When I was a young man, I read about D.K. Ludwig, at one time the richest man in the world. He made his money in shipping.

Up until the 1950s, his ships were made in US shipyards. In the early 50's he started making them in recently defeated Japan. the downward slide has been going on for a long time.

https://t2tanker.org/dk-ludwig/ships-built-by-daniel-k-ludwig-and-national-bulk-carriers/

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Mark-Anthony Bowen's avatar

War is clarity, politics is frustration. "local resilience" has a long way to go.

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