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U.S., South Korea break off defense cost talks amid backlash over $5 billion demand
Reuters via YAHOO ^ | November 18, 2019 | Joyce Lee and Sangmi Cha

Posted on 11/19/2019 12:17:02 AM PST by Farcesensitive

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To: Farcesensitive

Take our. Nuclear umbrella and go home
Hey Seoul, look over your shoulder at North Korea backed by them Chi-Coms
Good luck with that


21 posted on 11/19/2019 6:50:48 AM PST by Joe Boucher ( Molon Labe' baby, Molon Labe)
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To: Farcesensitive

Just raise the tariffs on ROK imports to pay for defense. Easy peasy.


22 posted on 11/19/2019 6:54:10 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: Sacajaweau

Every time you see a desolate small town the used to have a factory or two supporting it economically thing about how rich ROK has become.


23 posted on 11/19/2019 6:56:30 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: Farcesensitive

Trumpus Maximus knows exactly where he will make a deal.

This demand was price anchoring.

Everyone will accept what comes later.


24 posted on 11/19/2019 7:06:11 AM PST by aMorePerfectUnion
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To: central_va

“Every time you see a desolate small town the used to have a factory or two supporting it economically thing about how rich ROK has become.”

1. U.S. manufacturing did not move to S. Korea; like Japan it is too expensive.

2. Most U.S. manufacturing that left the U.S. went to Mexico, China and other cheap labor venues - not S. Korea.

3. Dozens of Korean companies have large U.S. operations and provide 52,000 U.S. domestic jobs.

4. Korean companies have invested about $225 billion in the U.S. just between 2014 to 2018 alone. And Korean companies R&D expenses in the U.S. runs about $1billion/year.


25 posted on 11/19/2019 10:20:51 AM PST by Wuli
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To: Wuli
U.S. manufacturing did not move to S. Korea; like Japan it is too expensive.

De industrialization is too expense. The socialism and job loses are too expensive. So you are FOS. If you modern day slavers want socialism then keep on destroying industry and sucking up to farmers. Stupid greedy idiots....

2. Most U.S. manufacturing that left the U.S. went to Mexico, China and other cheap labor venues - not S. Korea.

More BS. TVs, appliances, cars I could on and on come form ROK.

Dozens of Korean companies have large U.S. operations and provide 52,000 U.S. domestic jobs.

Compared to a million lost to ROK???? LOL!

We have an $18B annual trade imbalances with them and we protect them!!! Republican GOP Establishment globalists are killing us. People like you.

26 posted on 11/19/2019 1:46:49 PM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: Farcesensitive

27 posted on 11/19/2019 1:51:17 PM PST by Bubba Ho-Tep ("The rat always knows when he's in with weasels."--Tom Waits)
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To: USS Alaska
If we leave the 38th unguarded they die.

The MIC has conditioned you to believe that lie your whole life because their livelihood depends upon you buying it - literally.

28 posted on 11/19/2019 3:09:12 PM PST by Gunslingr3
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To: central_va

“De industrialization is too expense. The socialism and job loses are too expensive. So you are FOS. If you modern day slavers want socialism then keep on destroying industry and sucking up to farmers. Stupid greedy idiots....”

Again, that point has zero to do with whether or not U.S. manufacturing went to S. Korea - it didn’t. If anything a lot of Korean manufacturing, particularly in autos moved to the U.S., invested in the U.S. and created jobs, taxpaying jobs and tax paying companies in the U.S.

“More BS. TVs, appliances, cars I could on and on come form ROK.”

1. Those things are not from U.S. manufacturing moving to ROK. 2. Samsung and LG are both building manufacturing plants (jobs) in the U.S. recently, as Korean wages hit price points that make ROK production for the U.S. market less worthwhile.

“Compared to a million lost to ROK???? LOL!”

There is no prove at all that from all the U.S. companies that moved manufacturing offshore that a million U.S. jobs were lost to ROK. That number is an invention.

We have an $18B annual trade imbalances with them and we protect them!!! “Trade imbalances” in terms of the national economy are only 1/2 of the money flow between countries. The other offsetting figures are the capital flows. Korean capital brought into the U.S. in 2018 was about $50 billion.

The republic of Korea, regardless of its success, is not the primary cause of U.S. domestic manufacturing losses.


29 posted on 11/20/2019 9:20:46 AM PST by Wuli
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