[fhayek]

"There is a shortage of mining equipment," Vasey wrote, "and North Korea is unable to purchase new equipment due to its dire economic situation, the energy shortage, and the age and generally poor condition of the power grid."

This is the point of capitalism. North Korea shouldn't have to buy anything. Free markets and capital formation would create the necessary ingredients to exploit whatever mineral resources that exist. Jobs, wealth, products, tax revenue... all of these would follow.

[oldasrocks]

If there is that much money sitting around I don’t understand why china has not taken over control of NK.