Honda decided to lose their wings, and who will catch the feathers? I felt very uncool for Honda. Honda, Nissan aim to merge by 2026 in historic pivot https://www.reuters.com/markets/deals/honda-nissan-set-announce-launch-integration-talks-media-reports-say-2024-12-22/ Both of Honda and Nissan are losing China market car shares. In Japan, there are few companies which earn foreign currency. There are 2 company types in economy. High classed pieces and Pawns. High classed pieces earn foreign currency and Pawns are domestic companies. High classed pieces in Japan are losing their powers. They have earned from USA and China markets, but Chinese companies become their rivals. This indicates that China Pawns become to win Japan high classed pieces. In fact, if Japan high classed pieces lose USA markets, Japan won’t be able to earn foreign currency so that Japan gov will start to sell foreign assets(including US gov bonds). By the way, Honda will lose their wings ...
On September 23rd, 2022, I reflected on the importance of the estoppel principle in negotiation skills. The reason why Russia may struggle with negotiation skills is that they don't adhere to the estoppel principle. To develop strong negotiation skills, it is essential to follow the estoppel principle.
Historically, Russia has acted for short-term gains, often neglecting the long-term consequences. However, this approach can result in a higher cost in the future. Therefore, it is crucial for any negotiator to consider the potential long-term consequences of their actions, and to adhere to the estoppel principle.