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 ...
The brain absorption companies:Consulting Firms make the world worse Background I saw the news that many highly educated persons in Japan try to join in consulting firms. Their purposes may be short term profits and early retirements. I knew their purposes because I had same purpose… Consulting Firms make the world better or worse? Consulting Firms doesn’t make new products nor new fields, they only try to win competitions. They make the world worse. Brain absorption companies Consulting Firms are the brain absorption companies which absorb the thinking of business managers. Consulting Firms try to take charge of CEOs’ thinking. So that Consulting Firms absorb client companies’ brains. Consulting Firms’ arm They admire business professors’ theory. They use it as arm to client companies. However, theory doesn’t allow just one counterexample. Business professors’ theory is not to be called theory, it is to be called as hypothesis or idea (or joke). So that cons...