Steel
Re: Posco: One Sharp Steelmaker
I was raised in the rust-belt and now live in Pohang, South Korea. The Pohang Iron and Steel, Co. (POSCO), which founded the university I work for, began to flourish just as Buffalo's Bethlehem Steel floundered, sending my hometown into an economic slump from which it has never recovered. It's hard to say what impact the former had on the latter, but it's clear Buffalo is a loser in the new global economy, while Pohang, for the time being at least, is a winner. South Korea has had a policy of economic nationalism; America has not.
Re: Posco: One Sharp Steelmaker
I was raised in the rust-belt and now live in Pohang, South Korea. The Pohang Iron and Steel, Co. (POSCO), which founded the university I work for, began to flourish just as Buffalo's Bethlehem Steel floundered, sending my hometown into an economic slump from which it has never recovered. It's hard to say what impact the former had on the latter, but it's clear Buffalo is a loser in the new global economy, while Pohang, for the time being at least, is a winner. South Korea has had a policy of economic nationalism; America has not.
Redeemed by Our Savior, I work out my salvation with fear and trembling in Pohang, South Korea, where I live with my wife, daughter, and son and teach English at a science and technology university. Baptized a Methodist and raised a Missouri Synod Lutheran in Buffalo, NY, I spent six years as a guest of the Anglican Communion before being received by the Grace of God into the One Holy Catholic and Apostolic Church on the Feast of Saint Andrew, my patron, anno domini 2002.
<< Home