Posted on 07/13/2018 12:06:44 PM PDT by 2ndDivisionVet
Recent negotiations between North Korea's Kim Jong Un and US President Donald Trump have provided a glimmer of hope for the hermit kingdom's economic outlook.
Markets are now watching to see whether the North Korean leader follows through with his pledge to denuclearise. The next step will be policy reforms, which will open North Korea's economy to foreign investors.
Credit Suisse analyst Trang Thuy Le estimates North Korea could become a $100 billion economy within 10 years if it takes a path towards modernisation.
Even it happens, a $100 billion economy still comprises just 0.1% of today's global GDP....
(Excerpt) Read more at businessinsider.com ...
All he has to do is look south to see what is possible for Korea.
The night satellite photo of the two Koreas is stark in its clarity.
We would get it built, and the Chinese would do everything they could to back a NK takeover of the mines.
Kim doesn’t care about North Korean economy or the North Korean people. Kim cares about Kim, and keeping his nukes, and maintaining his power. As long as he’s got that then nothing and nobody else matter.
We need to send a four-striper Navy captain to his leadership team to explain the Trident missile and it’s MIRV capability.
If Kim loses power, regardless of how it comes about, then he's dead. And he knows it. Going up in a mushroom cloud probably doesn't frighten him as much as what segments of his own population would do to him.
So just because of those minerals, we should “make a deal” with North Korea, where they keep their dictatorship, their military stance, their missiles and even a few nukes, so “western coporations” can have some of the minerals??
I hope we (Trump et al) are not that stupid!!!!
Show me where I said they keep their nuclear weapons or the rest on your list. Putting words in my mouth is not how I want to have a conversation. Agree?
Those are weapons we have now, today, not five years in the future. We could send them back to the Stone Age with a single missile from a single submarine. Today, if we wanted to. That’s the “hard place” you push against when you play games with President Donald Trump versus Mr. Obama or President Jimmy Carter. Do you believe that Red China or Russia would go to war with us over North Korea?
Nuke North Korea and, depending on how the winds are, you spread fallout over South Korea or Japan or China or Russia. How do you think they will like that? The U.S. can't nuke North Korea, and Kim knows it.
We nuked Japan twice without worrying about any of that and if we need to destroy North Korea we will.
Enough to buy every North Korean a Big Mac combo!
The Chinese want to mine in Afghanistan, too. I think maybe there, since Mattis wants more boots, we should have companies invest, too.
I am not putting words in “your” mouth.
My response is to article itself, not you. And it reflects how I doubt the authors of the article are looking or concerned about whether or not North Korea would be imposed to give up anything, to get trade agreements for its minerals from “the west”.
We seeem to be heading down the same rabbit hole of diplomacy was the Libs had us embark on for the “opening” with China, selling the fiction that economic engagement with China will bring political Liberalization. All it did was enrich China so she could fund her modern-day bullying in Asia, with zero political Liberalization.
The Chinese already are mining Afghanistan. They paid off the tribal elders and now run the world’s largest copper mine there.
North Korea is a sovereign nation with about 40 million people. About 4 million are military and government workers, and they live fairly modern lifestyles. About 36 million are starving and freezing in the dark. The offer that Trump showed Kim in the video in Singapore is that Korea can build its own functioning economy, put its own people to work in that economy, engage in trade with other nations (as an equal nation, not as a colony of this or that superpower; what a novel concept). Korea can build a modern society, with cities comparable to Singapore or Hong Kong. That is the vision that Trump gave Kim, along with the idea that Kim would be revered for 1000 years among the Korean people for the changes that would come.
Democrats, RINOs, and elitist snobs of all sorts in all nations, view people as domesticated livestock. Trump is showing the world that the words of our Declaration of Independence apply to all people of all nations. "We hold these truths to be self-evident
". The idea was there long before Trump; it just got lost.
yowza, didn’t know that. money talks.
Is this mine the Mes Aynak?
https://www.freightwaves.com/news/2018/1/15/chinas-epic-fail-in-afghanistan
Yes, that’s it! Interesting update. Early on the floundering started. The Afghans were complaining China promised them mining jobs. It turned out the Chinese brought in their own people and secured the mine against the Afghans, which in turn created a huge security problem. I had no idea it stalled completely. Must be the payments to the local elders stopped, along with the other issues noted in the article.
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