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Sunday, February 13, 2011

How a bankrupt U.S. company could give China a powerful new superweapon development system

What happens when a competitor starts buying bankrupt companies that may have really cool technology? That's the price we pay for living in a competitive market, we only care for the successful players. The Chinese are rich and getting richer with every pair of socks we buy. Can we complain if they buy our table scraps at garage sale prices and then figure out how to repair and use them?
If this technology works, and China buys it from a defunct U.S. company, then it’s also possible China will have it, and we won’t. That would suck.