vs
Who has a better balance sheet?
Toyota struggles. It reminds me that no matter how good you have it, things could go severely haywire overnight. Everything could fall to pieces and you stand there wondering “what the hell just happened”. I know, it’s happened to me. And I survived only because I’d prepared for just that occasion. Prepared emotionally (how to handle problems), financially (building up reserves), and in relationships (people willing to help). They all work together.
The point… Toyota will suffer, but survive and thrive. They have the corporate culture to do so – and.. .A VERY IMPORTANT AND… they have bazillions in the bank.
Compare and contrast to the U.S. How does our culture look? Is it getting smart? Less corrupt? Which direction would you say our culture heads? And how much, exactly, do we have in the bank? And what trend do our finances follow?
In other words, I’d bet on Toyota more than us right now.
I know it isn’t patriotic to say we suck, but looking at the details, I can come to no other conclusion. Sorry.
Pollyannas will cry “this is the greatest country ever”. I’d mildly correct “was”.