Why is unification the goal? It's the best way to squander the gains of Reform and Opening. Look at the horrible German precedent. Korea would be worse. ...
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Replying to @Outsideness @topynate
-- Denuclearization. LOL. Also irrelevant. -- Unification. A positively toxic way of screwing the Korean future. -- North Korean Reform and Opening (with Kim's gang re-branding as its guides). Yup, that's the one to focus on.
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Replying to @TaeilEatsBacon @topynate
... But that way the Norks are reduced to a massive welfare headache, rather than perhaps the most attractive untapped development dynamo in the world. (East Germany, but worse.)
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The negative lesson there merits much more attention than it has received.
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Replying to @Outsideness @topynate
There was no way Eastern German companies could compete with West Germans on equal (viz 1:1 exchange rate) footing. Bundesbank KNEW. Politis didn't listen.
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There's an influential strain of European political thought that considers riding roughshod over economic realities to be a sign of sophistication.
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