Author Topic: An economic reckoning for North Korea  (Read 620 times)

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Offline corbe

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An economic reckoning for North Korea
« on: October 06, 2017, 06:11:30 pm »
An economic reckoning for North Korea

By Rep. Andy Barr (R-Ky.), Opinion Contributor — 10/06/17 01:30 PM EDT


If insanity, as the saying has it, means doing the same thing over and over and expecting different results, then U.S. efforts to stop North Korea’s nuclear weapons program have been madness. For more than two decades, foreign aid and half-hearted sanctions have been deployed in vain to thwart Pyongyang’s ambitions, a wait-it-out strategy based on the premise that the North Korean regime is simply too fragile to survive much longer.

With the country’s sixth nuclear test on Sept. 3, along with the July launching of two intercontinental ballistic missiles and the discovery that Pyongyang can now equip them with nuclear warheads, we must take the Kim regime seriously and squeeze North Korea’s economy before military confrontation becomes inevitable.

Existing U.S. and UN sanctions are falling short for two main reasons. First, and counterintuitively, they have concentrated mostly on North Korean actors. According to research by Harvard’s John Park and MIT’s Jim Walsh, North Korea has masked much of its trading activity by moving it beyond its borders, particularly through the use of Chinese middlemen and front companies. This means that effectively sanctioning North Korea must entail sanctioning non-North Korean nationals.

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http://thehill.com/blogs/congress-blog/foreign-policy/354258-an-economic-reckoning-for-north-korea
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Offline driftdiver

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Re: An economic reckoning for North Korea
« Reply #1 on: October 06, 2017, 06:16:48 pm »
According to SK news the sanctions that China applied were bypassed within a couple days.   Both China and Russia continue to do business with NK.   
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Offline Jazzhead

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Re: An economic reckoning for North Korea
« Reply #2 on: October 06, 2017, 06:59:48 pm »
According to SK news the sanctions that China applied were bypassed within a couple days.   Both China and Russia continue to do business with NK.

Then we must threaten to cease to do business with China and Russia.   
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Offline Bigun

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Re: An economic reckoning for North Korea
« Reply #3 on: October 06, 2017, 07:19:50 pm »
Appeasement has never worked and never will work.
"I wish it need not have happened in my time," said Frodo.

"So do I," said Gandalf, "and so do all who live to see such times. But that is not for them to decide. All we have to decide is what to do with the time that is given us."
- J. R. R. Tolkien

Offline corbe

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Re: An economic reckoning for North Korea
« Reply #4 on: October 06, 2017, 07:32:22 pm »
   China's not going to change, besides they've already gotten what they wanted most, the 'currency manipulator' rhetoric to stop.    Sometimes I can't help but think, 'our' great Negotiator is being played like a cheap fiddle.
No government in the 12,000 years of modern mankind history has led its people into anything but the history books with a simple lesson, don't let this happen to you.

Offline Bigun

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Re: An economic reckoning for North Korea
« Reply #5 on: October 06, 2017, 07:43:44 pm »
   China's not going to change, besides they've already gotten what they wanted most, the 'currency manipulator' rhetoric to stop.    Sometimes I can't help but think, 'our' great Negotiator is being played like a cheap fiddle.

We have lots of enemies within.  Mostly in the State Department.
"I wish it need not have happened in my time," said Frodo.

"So do I," said Gandalf, "and so do all who live to see such times. But that is not for them to decide. All we have to decide is what to do with the time that is given us."
- J. R. R. Tolkien

Offline IsailedawayfromFR

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Re: An economic reckoning for North Korea
« Reply #6 on: October 08, 2017, 01:19:00 am »
   China's not going to change, besides they've already gotten what they wanted most, the 'currency manipulator' rhetoric to stop.    Sometimes I can't help but think, 'our' great Negotiator is being played like a cheap fiddle.
China has probably undergone the greatest changes of any country in the world since WW2.  In political philosophy, in economic policy, in military philosophy, in entrepreneurial philosophy. Most recently, it is changing greatly in even an underlying religious philosophy by its increased Christianity.  It is changing before our eyes at astonishing speed.

You believe they are simply stagnant?
No punishment, in my opinion, is too great, for the man who can build his greatness upon his country's ruin~  George Washington

Offline corbe

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Re: An economic reckoning for North Korea
« Reply #7 on: October 08, 2017, 03:19:54 am »
    @IsailedawayfromFR

   I may be to simplistic and looking at it to narrowly in just a geopolitical sense but China has always held the key to N Korea and could squash that bug in a NY second if it deemed so. 
   The trade between the two will continue as long as China deems it advantageous to their interest, regardless of what they promise the UN or Trump.  IMHO
No government in the 12,000 years of modern mankind history has led its people into anything but the history books with a simple lesson, don't let this happen to you.

Offline IsailedawayfromFR

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Re: An economic reckoning for North Korea
« Reply #8 on: October 08, 2017, 01:28:18 pm »
    @IsailedawayfromFR

   I may be to simplistic and looking at it to narrowly in just a geopolitical sense but China has always held the key to N Korea and could squash that bug in a NY second if it deemed so. 
   The trade between the two will continue as long as China deems it advantageous to their interest, regardless of what they promise the UN or Trump.  IMHO
I agree, it will always be China's interest at issue here.  And they have a very long 100 year strategy in mind.
No punishment, in my opinion, is too great, for the man who can build his greatness upon his country's ruin~  George Washington