Big7
The Oracle
Agreed 100%A couple of decades ago Czechoslovakia was ruled by a communist puppet of the Soviet Union. Half of that puppet kingdom is now the Czech Republic led by the ANO party (populist) when the Social Democrat Party (socialist) isn't in charge. Although the country has roughly the same borders as the ancient Duchy of Bohemia, the many decades of Soviet rule have shuffled the population and it is less than perfectly stable.
Michal Strnad (CSG Group) is actually the son of the man that put together the seemingly western style multinational. Their politics (father and son) seem to be purely "money." So I am not complaining about the new owner of the American ammo makers.
I am not happy because I consider the ability of the United States to defend itself dependent upon American businesses who know how to make warfighting material, munitions, and weapons. Selling part that ability to a former eastern bloc country in NOT good for America. I am not happy because another business just got sold overseas. And I am not happy because it will take no more than a whim for Strnad to move all of the actual production out of the US!
I've advocated "Made In USA" on here and elsewhere for as long as I can remember. The personal professional experience fighting that war a battle at the time for 40 years was exhausting.
I have pointed out many time the fact that there is very little we can manufacture here and even less material we need that we can mine.
And what do you know, the "chickens have come home to roost.
It's getting to the point now- even if the highly skilled, upper tier trades did come back, we are 1, perhaps 1.5 generations past having people to actually train and oversee apprentices and apprenticeships.
We would be in big trouble if we actually HAD to start manufacturing anything, especially high tech, right now.
Not many left that can make it happen.