Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (28848)	2/18/2003 1:01:08 AM
From: energyplay	Read Replies (2) of 74559

Starting to speculate about a world post Saddam and Kim Il -Jong. It easier to speculate about a world without Mr. Kim, since China, Russia, South Korea and Japan are all stable and prosperous. If North Korea decides they want to still be "Socialist" like Viet Nam, that's their choice. Or they could follow China's model, or South Korea's. Almost any way, South Korea's and Japan's defense spending will drop, trade will increase. China may get a source of cheap labor. South Korea might benefit also. Rail and Highway connection between China, Russia and South Korea could be built, cutting shipping time of sub-assemblies. I understand that at one time people in the North were told that the people in South Korea were poor and starving. The difference between East and West Germany was about 3:1 to maybe 5:1, depending on how it's measured. The Korean prosperity difference has got to be much larger, at least 8:1, maybe as high as 20:1 Once things stablize, U.S. troops in South Korea and also Okinawa will be reduced sharply.

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