Japanese Expansionism Before and During World War Two (WWII) - Part 5 On YouTube.
Japan, nevertheless, fears the possibility of American competition, particularly in Manchuria, where she has been pursuing a policy by which foreign, including American, goods must be subordinated in that market to Japanese goods, and must be sold through Japanese firms. Potentially this policy is meaningless because, if China and Manchuria are to be modernized, no one country, surely not Japan, can supply either the quantity or the variety of goods and services required. Yet Japan's attitude is resented and has been accepted as a frontal attack on American trade. The Russians do not believe that the New Deal will succeed. They generally hold that it will be impossible for the United States to put its vast industrial and agrarian population back to work without developing foreign markets. They maintain that the capitalistic system of distribution makes it inevitable for the United States ultimately to seek such markets and China offers a favorable arena for American economic exploitation. Therefore, the argument proceeds, if the New Deal should fail, it will become necessary for the Unites States to enter the Chinese market aggressively. This the Japanese fear as well. Some Japanese go even further. They fear that if re-employment fails in the United States, a war with Japan may become an economic necessity. It is this fear which has played upon by Japanese apostles of a big Navy. But potentialities and fears of failure of recovery of the Unites States cannot altogether ...
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