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Thread: Investment in NoKo?

  1. #11
    Spock of Vulcan Ian Jeffrey's Avatar
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    Quote Originally Posted by BigLeRoy View Post
    The difference there is that Yemen is a classic example of a failed state, and failed states are sometimes classified as being in the Fourth World...
    My understanding is that failed states and Fourth World are two different concepts (though naturally there would be overlap).

    Quote Originally Posted by BigLeRoy View Post
    ----and yes, are not even considered good investment opportunities.
    No argument there. I was, of course, speaking generally. I do not believe anyone thinks Yemen is a good investment opportunity.

  2. #12
    Chaos in fourteen lines Minotaur's Avatar
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    Trump mentioned the great beaches and possibility of hotels...

    Can't wait to vacation there!

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  3. #13
    Radical Centrist BigLeRoy's Avatar
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    Quote Originally Posted by Ian Jeffrey View Post
    My understanding is that failed states and Fourth World are two different concepts (though naturally there would be overlap).


    No argument there. I was, of course, speaking generally. I do not believe anyone thinks Yemen is a good investment opportunity.
    Interesting. That Wikipedia link on the 'Fourth World' was not congruent with my general understanding of how the phrase has generally been employed by economists, but maybe I need to do a bit more research of my own.....MY understanding of the phrase, which may have been defective in some way, was that it referred to Third World nations that were so poor and so misgoverned that the international investment community had basically given up all hope that they could ever 'develop' in any normal fashion and hence were simply not good investment risks. May need to do some more reading on the topic....
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  4. #14
    Shut up and vote Addiction Solitaire Champion, Double Deuce Champion, Queen Jewels Champion, Ray Ray Shuffle Champion, Twins Champion, Blow Up: Arcade Champion, Bunch - Time Trial Champion, Znax Champion, Zoo Keeper Champion, Sobics School Champion, Swap a Smiley Champion, Makos Champion, Dino Drop Champion, Flower Frenzy Champion, Some Puzzle Champion, Funny Bubbles Champion, CubeZ Champion, Dinky Smash Champion, Fun Fun Animals Champion, Fruit Fabriek Champion, Raft Wars Champion, Rainbow Monkey RunDown Champion, Raft Wars Champion, Crime Puzzle Champion Blueneck's Avatar
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    Quote Originally Posted by Dittohead not! View Post
    The same could have been said about Europe about 1945. The bottom line is that the more NK gives its people liberty, the more they adopt capitalism ve. socialism, the more they enter the modern world, the better off we all are, especially the unfortunate people of NK.

    But, let's not get ahead of ourselves. There is a long way to go before NK actually becomes a part of the modern world and not a baby sitting on the floor playing with a loaded gun.
    Yesterday I kept hearing that this was historic on the same level as when Nixon went to China. When I think of it in those terms, I think about all the jobs we lost to their cheap labor, which happened almost immediately.

    I don't doubt this will be good for North Korea, but will it be good for the US?
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  5. #15
    Master political analyst Dittohead not!'s Avatar
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    Quote Originally Posted by Blueneck View Post
    Yesterday I kept hearing that this was historic on the same level as when Nixon went to China. When I think of it in those terms, I think about all the jobs we lost to their cheap labor, which happened almost immediately.

    I don't doubt this will be good for North Korea, but will it be good for the US?
    If it happens, and that's a big if, sure, it will be good for the US. We'll not have to be worried about an absolute ruler who does whatever he pleases with an ICBM capable of reaching the US mainland. We will have another trading partner, though a minor one. We, and the rest of the industrialized world, will have access to raw materials that exist in North Korea. We'll have less need to maintain an expensive military presence in South Korea. The world will be at least one little bit further from nuclear armageddon. Yes, if NK gives up its nukes, if NK becomes a modern state, then yes, it will be a good thing for all of the rest of the world.

    The world is very small, and is all connected. Ending the situation in NK is like pulling an infected splinter from your left hand, and asking if it benefits your right hand.

  6. #16
    The Un-Holy One The Man's Avatar
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    Quote Originally Posted by Minotaur View Post
    Trump mentioned the great beaches and possibility of hotels...

    Can't wait to vacation there!

    Hey, Russians certainly enjoy it lol




    NK is promoted as a great destination on TV there



    And, yes, they have beaches there too
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  7. #17
    your better Rev. Hellh0und's Avatar
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    Quote Originally Posted by Blueneck View Post
    Trump has offered to lift sanctions, according to this article, but that hasn't happened yet. If and when it does, why on earth would anyone want to invest there?



    This bothers me. More outsourcing, more jobs going overseas to take advantage of cheap labor.



    Market for what? They aren't going to be able to buy our stuff. IMO, this is going to benefit China more than the US.

    Investment guru Mark Mobius says North Korea presents a ‘tremendous opportunity’




    wait what? Now you are on board with keeping jobs in the US?


    DO you want me to buy you a #maga hat?

  8. #18
    Radical Centrist BigLeRoy's Avatar
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    Quote Originally Posted by Rev. Hellh0und View Post
    wait what? Now you are on board with keeping jobs in the US?


    DO you want me to buy you a #maga hat?
    I am puzzled. With the unemployment rate at 3.8%, the lowest since 1969 (!!), why this huge and overwhelming concern about "keeping jobs in the US"?? The real concern these days is about the labor SHORTAGE in the United States. Which is only going to get worse as the Baby Boomers retire and as we indulge our xenophobic anti-immigrant sentiments. Shrug.
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  9. #19
    RNG
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    Quote Originally Posted by Minotaur View Post
    Trump mentioned the great beaches and possibility of hotels...

    Can't wait to vacation there!

    A large number of my friends and acquaintances have vacationed in Vietnam and loved it.

  10. #20
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    Quote Originally Posted by BigLeRoy View Post
    I am puzzled. With the unemployment rate at 3.8%, the lowest since 1969 (!!), why this huge and overwhelming concern about "keeping jobs in the US"?? The real concern these days is about the labor SHORTAGE in the United States. Which is only going to get worse as the Baby Boomers retire and as we indulge our xenophobic anti-immigrant sentiments. Shrug.
    Down to 3,6% today per NYT.

    So much winning...
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