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Which businesses will be hot if North Korea opens its market?
The Korea Times ^ | June 2, 2018 | Casey Lartigue Jr.

Posted on 06/02/2018 9:09:57 PM PDT by 2ndDivisionVet

Casey Lartigue Jr., co-founder of the Teach North Korean Refugees Global Education Center, compiled these statements from interviews with refugees studying in TNKR.

Eun-bin, female, escaped to South Korea in 2012

There have already been so many changes when it comes to the summit, so I will just wait and see what will happen. I haven't really thought about being scared, but now that you are asking, I suppose I should be concerned about the way things could turn out.

If there is change in North Korea, then I think the architecture and real estate businesses will be hot. There is a lot of land that is not being used, so people involved in designing and building museums, office buildings and homes will be needed.

Shin-hye, female, escaped to South Korea in 2011

I do believe Trump's negotiation style will force North Korea to change, and I'm hopeful. I have lost my trust in the South Korean government, I moved here and have felt safe, but the South Korean government is so determined to appease North Korea that I don't know what would have happened if not for Trump.

If North Korea opens its economy, then the online market will take off. Real estate will also be big in North Korea, it is now a disaster, a combination of government control from the past and now anything goes culture. North Koreans are so used to evading the government to support themselves that they don't respect the law and regulations.

Kyung-hee, female, escaped to Japan in 2008

I have higher expectations because of Trump, I did not expect anything from Bush or Obama because they were typical politicians. Trump is a real businessman, if he doesn't see a good deal then he won't move. I'm not concerned because I have not identified myself publicly as being from North Korea.

But one of my colleagues has been threatened by a North Korean communist organization in Japan that has become more active lately. They have threatened her through phone calls warning her to halt her activities against North Korea and even threatened a TV station that had been planning a documentary about her.

I'm not optimistic, but if there is change in North Korea, then tourism will be big. My family was wealthy when I was in North Korea because we got into the market early. I got to see a lot of the country when we were traveling around doing business. Many areas of North Korea are preserved, I hope it won't develop so quickly like Korea or Japan have.


TOPICS: Business/Economy; Chit/Chat; Government
KEYWORDS: 100dollarburgers; korea; purefantasy; realestate; trump; trumpasia
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To: Moonman62

There’s nothing in it for them. How many newspapers endorsed Trump?


41 posted on 06/02/2018 10:03:16 PM PDT by 2ndDivisionVet (You cannot invade the mainland US. There'd be a rifle behind every blade of grass.)
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To: 2ndDivisionVet

Freedom. Food, guns, and everything that is currently outlawed.


42 posted on 06/02/2018 10:06:14 PM PDT by Fungi
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To: 2ndDivisionVet
light bulbs








43 posted on 06/02/2018 10:08:40 PM PDT by greedo
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To: 2ndDivisionVet

A preposterous question from the outset since no one knows the circumstances under which NK would “open its markets”. It’s a failed, miserable, isolated, culturally stunted, thoroughly brainwashed communist hellhole, smelling of death and fecal matter that would require decades to modernize and acclimate to being part of a larger world. They’re not going to be snatching up Kia’s and Samsung Galaxies like hotcakes anytime soon.


44 posted on 06/02/2018 10:15:27 PM PDT by SpaceBar
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To: SpaceBar

Reading your post which I tend to agree with. I had a thought about what they would snatch up. Hotcakes and maple syrup along with freedom warm clothes and a little chance at cleaning up there country and security for their kids. Not much really but then they ain’t got much. Beats the hell out of war.


45 posted on 06/02/2018 10:23:54 PM PDT by Equine1952 (Carry, practice, pray it don't happen. You ain't carrying you lose automtically.)
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To: KC Burke

Condoms


46 posted on 06/02/2018 10:27:18 PM PDT by Reno89519 (No Amnesty! No Catch-and-Release! Just Say No to All Illegal Aliens! Arrest & Deport!)
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To: greedo
Very interesting map. A few dots here and there to denote port cities or naval bases. The only large dots are Pyongyang, seat of the ruling class and a little cluster along the Yalu River port of entry to China.

Otherwise, a very agrarian economy. I'd guess the first exports would be simple stuff like seeds and fertilizer or at least kits to break down human waster to safer fertilizer.

47 posted on 06/02/2018 10:28:27 PM PDT by Vigilanteman (ObaMao: Fake America, Fake Messiah, Fake Black man. How many fakes can you fit into one Zer0?)
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To: 2ndDivisionVet
I have higher expectations because of Trump, I did not expect anything from Bush or Obama because they were typical politicians. Trump is a real businessman, if he doesn't see a good deal then he won't move.

Very sensible. She gets it.

48 posted on 06/02/2018 10:30:11 PM PDT by TChad
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To: 2ndDivisionVet
Basic foodstuffs.

And / or alcohol.

49 posted on 06/02/2018 10:32:51 PM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: 2ndDivisionVet

50 posted on 06/02/2018 10:34:58 PM PDT by Vendome (I've Gotta Be Me https://youtu.be/wH-pk2vZGw2M)
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To: 2ndDivisionVet

Money

They don’t have any, and need lots of it!


51 posted on 06/02/2018 10:38:21 PM PDT by Cowboy Bob ("Other People's Money" = The life blood of Liberalism)
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To: Cowboy Bob

Another market for our meats, grains, vegetables, fruits, nuts, dairy and liquor.


52 posted on 06/02/2018 10:42:37 PM PDT by 2ndDivisionVet (You cannot invade the mainland US. There'd be a rifle behind every blade of grass.)
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To: 2ndDivisionVet
So I give you a wheelbarrow full of grubs and tree bark and you give me meats, grains, vegetables, fruits, nuts, dairy and liquor? That's quite the business model.
53 posted on 06/02/2018 10:48:37 PM PDT by SpaceBar
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To: 2ndDivisionVet
Puppy Helper™️
54 posted on 06/02/2018 10:51:19 PM PDT by ALASKA (Watching a coup..........)
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To: 2ndDivisionVet
Major appliances. Washers, dryers, electric heaters, dish washers, vacuum cleaners, dvd players.

Communists put these kind of "luxuries" way down on the production list, and a guy I know rounded up hundreds of second hand appliances, rewired them, and shipped them to the former USSR.

Made a fortune.

55 posted on 06/02/2018 10:51:36 PM PDT by jonascord (First rule of the Dunning-Kruger Club is that you do not know you are in the Dunning-Kruger club.)
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To: SpaceBar

Uncle Don and Uncle Moon will be paying for the foodstuffs as we rush our top people to the Rare Earth, Gold and Platinum fields to dig up the $30 TRILLION or more in deposits. How ‘bout that business model? Too bad for the Japanese that they had to bomb Pearl Harbor and lose such a valuable colony by doing so.


56 posted on 06/02/2018 10:55:50 PM PDT by 2ndDivisionVet (You cannot invade the mainland US. There'd be a rifle behind every blade of grass.)
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To: 2ndDivisionVet

So send in the earth moving equipment and take what we want? Who gets paid for the mining rights? Well, if we use the failed USSR as any indication, it will be some educated well-connected high-ranking minister of whatever in the Kim regime, not the aforementioned villager subsisting on beetle larvae and methamphetamine. Point is that NK is so dysfunctional now, that simply going in there amounts to raping a person in a coma. They have no defenses. It’s not like they are a country of college educated norwegians marooned there six months ago.


57 posted on 06/02/2018 11:07:35 PM PDT by SpaceBar
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To: SpaceBar

Did that keep us from taking two continents (three if you count Australia) from indigenous tribesmen? No, and it won’t stop us this time with those kinds of stakes involved. At least they’ll get better food, shelter and education than they’ve been receiving.


58 posted on 06/02/2018 11:11:08 PM PDT by 2ndDivisionVet (You cannot invade the mainland US. There'd be a rifle behind every blade of grass.)
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To: 2ndDivisionVet

So rape it is.


59 posted on 06/02/2018 11:12:01 PM PDT by SpaceBar
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To: 2ndDivisionVet

Think, clothing, food, and medical supplies. Appliances will need to wait until a stable power grid can be developed. For the North Koreans a store that never ran out of things like rice, corn, and soy products would be a blessing. Just think about if and when a rural North Korean can raise 3-5 chickens for his family and have fresh eggs every day. Right now they probably get 1-2 servings of animal protein a week if they are lucky.


60 posted on 06/02/2018 11:16:53 PM PDT by LukeL
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