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To: Olog-hai

Broomhilda has figured out that North Korea is set to become a major US trading partner, leaving Germany and the rest of the EU in the dust.


29 posted on 06/13/2018 2:07:58 AM PDT by Arm_Bears (Hey, Rocky--Watch me pull a rabbit out of my hat!)
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To: Arm_Bears
Broomhilda has figured out that North Korea is set to become a major US trading partner, leaving Germany and the rest of the EU in the dust.

Ummmm, no. To become a major trading partner, one needs infrastructure, goods and services to sell, and the ability to buy significant amounts of goods and services. North Korea is a long way away from all of those.

At $40bn/yr, North Korea (pop 25m) has the GDP of Trinidad (pop 1.3m) or Botswana (pop 2m) or Wyoming (pop 500k). When you're only 1/12 as productive per person as Botswana... or 1/50 as productive per person as Wyoming... you're not going to be a major trading partner for anyone.

The Cleveland metropolitan region (pop 2m) has a GDP of $120b... If Cleveland does 3 times as much with 1/12 the population... 36 times more productive per person... you're not going to be a major anything for a long time.

36 posted on 06/13/2018 4:13:33 AM PDT by Teacher317 (We have now sunk to a depth at which restatement of the obvious is the first duty of intelligent men)
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