- Oct 9, 1999
Don't have a clue about military shipping but I just saw a documentary on CNN that showed we have went from 90% of the worlds ship building to 0.5% (yes, 1/2 of a percent) while South Korea has went from 2% to 80%+ over that same time.What a lot of people do not understand, the factories that were used to "crank up production" have been demolished over the past 30 years.
At least two shipyards closed in southeast Texas during the 1980s. All that is there now is an empty field.
I once read that there are 7 steps of life to every empire and step #6 was relying on the slaves and their labor or conquered lands for your goods and services. Step #7 was, or course, fall of the empire.
The foundation is getting weaker....just a matter of time before the building comes down.