US STEEL purchased by Japan's Nippon Steel for 14.9 Billion.

[Saysumthinfunnymike]

The elites continue to hemorrhage this country's manufacturing base and allow hedge funds/Chinese buy up housing. Throw in cultural wars to distract, not sure where this country is headed.

It's headed to where only a select few Americans actually "own" anything in the country while the rich continue to get richer. Unfortunately that's been the gameplan for a long time.

 

[ZEupTWN]

Uhhhh.... this is big. I think part of the reason why is because the Japanese are simply better at making steel now as well.

More efficient and cost friendly but the quality is about the same from what I here....

While this does suck the fact that it’s Japan owning it will make this okay with regulators. This isn’t China or a hostile foreign entity this is America second closest ally behind Canada.


The United States and Japan are way too intertwined and militarily and politically connected for this to be an issue

Japanese aren't nearly the cutthroat capitalist so there stands a chance of potential grace for current workers...If anything this move could benefit them and the average industrial/manufacturing worker but we'll see..Hopefully they don't contract one of these large firms to mostly manage and run the state side operations but I doubt it..

 

[Mike Nasty]

under biden’s watch.

You would have a dumb remark if Biden step in a anything.

 

[Lord-Yosh]

America really is for sale

 

[Fillerguy]

America's cyberpunk futute is getting closer and closer

Once the Japs master nuclear power plants and sell that bytch the States, our path will be set in stone. I'm here for it

 

[Ethnic Vagina Finder]

Japan also owns over $1 trillion in US treasury bonds. More than any country in the world.

 

[TripleAgent]

 

[levitate]

Don’t care.

 

[Jaguar93]

Gym equipment

 

[Kings County]

US Steel owned by foreigners Andrew Carnegie's rolling in his grave right now.

 

[I Really Mean It]

You would have a dumb remark if Biden step in a anything.

it’s an observation.

 

[Buckeye Fever]

Japan poses no clear and present danger to the us' national security. This will go thru.

US Steel has sizable operations in Gary (my family backbone), Pittsburgh obviously, Alabama, East Chicago, Illinois, Detroit, and a few in Texas. I really hope we don't see job losses.

To be clear, we aren't just talking about down and dirty factory workers. My uncle started as that just like my grandfather's at the Gary Works plant, dude was in gangs (the Terrytown Rangers) back in the day...he worked his way up and studied and became a chemist for a period of time and in leadership. He's retired of course and during great today, and splits time between Gary and Atlanta where my cousin lives.

Because of them, me and my cousin could go to college and live our lives and my dad and mom could go to IU as first gen graduates.

Man, as a fellow Midwest breh, that industry and many manufacturing jobs really were the backbone of the region. The loss of said jobs/industry also contributed to the economic decline in many cities in the region.

 

[The BasedFather]

We buying stock?

Price been going up on it

 

[Da_Eggman]

Steel is a great stock to get into it’s been becoming such an important tool in technology

 

[Ed MOTHERFUCKING G]

We buying stock?

Price been going up on it

Kinda late, Friday or this morning was the day.