An example is the many ferries in my home country. We were proud of them, it was not for nothing that my country was called “the homeland of ferries”, in 1950-2000 we had built several hundred different ferry vessels and even exported plans and components to other countries. We had many yards. Many shipyard workers who were proud of their efforts. But then the ferry companies started demanding cheaper ferries. And the shipyards began to outsource their know-how to other countries where newly started shipyards are opening. Many died during shipbuilding, we didn’t know that. Large areas are polluted, we didn’t know that. Then they started to take over the ferry market, now it is almost impossible to find a newer ferry built in my home country. All that was left was the interior, equipment, license - and know-how. In recent years, this is disappearing, while these in other countries began to win contracts after contracts all over the world. The ferry in my homeland becomes a hollow shell.
The same happened to tram and train production as to bodywork production. All this to give the customer greater purchasing power, because it would be easier to buy if the product were to cost less. Unfortunately, they refused to realize that it is like emptying a bathtub little by little - until there is no more water, without being able to refill. Licenses can be broken and stolen, even sold for a high price - with nothing but money in return - which does not last forever. It is easier to get into debt and financial trouble by having too little to rely on.
And; What will Hasbro do if there is political trouble that could lead to a shutdown of products - like toys from countries like China? In Japan, they had outsourced ALL toy production a long time ago, but have started to bring it back, because they realize that conflicts in the future have become a strong possibility. Better to have something on hand than nothing, and that’s the point.
But enough about that; I don’t like what is happening around Hasbro, toys from this country had been very popular when I was a child, and then these were mostly from the US or license factories in Europe. Now it is said that all this will not be within our reach for long. A great many European companies emptied themselves in the end and ended up with nothing but beautiful promises - which no one was enticed by.