The profits sail across the seas to Japan and Korea.
It may be much more black and white than the article suggests.
Those profits go to any shareholders of those companies, and the profits don't always have to sail across any seas at all.
It sounds kind of bizarre, but an employee working on Ford's assembly line would be better off having Toyota stock in his pension fund than Ford stock.
.....BMW makes cars here in my home town.....
.....they pay workers here in my home town.....
.....those workers buy groceries here in my home town.....
.....those grocery stores have to build new stores in my home town.....
.....I build grocery stores in my home town.....
.....so now i can afford to have my wife drive a BMW in my home town.....
.....still looks kinda gray to me.....
If you are seeking the profits, buy the Japaneese or Korean stocks.
We live in the world ob business