Boeing was the pride of the USA. Its first Chief Aircraft Engineer was a Chinaman. For several decades, Boeing's reputation was unquestioned. Boeing was quality! Boeing aircraft falling from the sky was unheard of. Parts falling off from Boeing aircraft too was unheard of, till recently.
What did Boeing did wrong? What caused the downfall of this American family jewel?
Anyone still remember the American financial crisis that turned into an international crisis and know who did it? Why were so many American banks, big banks, caught with big losses that could crashed these banks?
Who created this deadly thing called derivatives that turned the stock market and the big banks into a house of cards. All it needs is for someone to pull a card and all will come crashing down. The quadrillions of funds tied to derivatives that can blow up like a nuclear bomb is waiting to do just that, blow up all the banks, the stock markets and the international financial system. The derivative bubble is now many times bigger than during the financial crisis. The whole financial and banking industry is like hanging on a burning thread...living dangerously.
Who created all these problems that are going to create the mother of all crashes?
Oh, what have all these got to do with Boeing's problems? Today's Boeing is not the same American Boeing of yesteryear. Today's Boeing should be called Boeing India. Many of its executives, engineers, technicians, software programmers etc etc are Indians.
Why do you think Elon Musk sacked a whole team of Indian managers and executives when he took over Tweeter now called X?
By now everyone should know what is the main problem of Boeing and the decline of the American economy. If still in doubt, ask who replaced the nuts and screws in the Starliner from Titanium to Stainless steel that turned a US$6 billion white hope for space travel into a dangerous and useless gadget?