Why Only Three Countries Bother Building Ships Anymore
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This is something I have wondered about for a long time and, as he points out, I thought labor costs were the big reason. Turns out that is not the case. The video is a little long, but it is information dense, so much so that I didn't even notice how long it was.
Most all I know about shipping comes from the news, and news organizations really give a poor description of what's going on in the world. They're too focused on scurrilous tidbits and give short shrift to whole picture.
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