I saw a N Korean website is promoting “ …NK
is the cheapest labor cost in Asia …” that is
true, but in reality that who is going
to invest on the “ the cheapest labor…”
alone invest on NK. While you are appears a grandiose bullshit artist
with a song sheet is a nuclear brinkmanship. You can not attract foreign
businesses by committing 만고죄악 brinkmanship. Attracting foreign investment requires whole environmental clock work, TQM. Safe smoth enough to foreign companies invests
on their business in long terms. Chinese is a great example how to attract
Apples investment. I am not saying Chinese
is right among other things. There is human right issues, but some of people argue that “sweatshop better than starving…” may be may be not true…” but any way I am not
discussing sweatshop in here. But
comparative advantage, why North K you need to open up. It is simply number of work, that is how
business is all about “cost cutting increasing selling = bottom-line profit,
see the below Krugman chart. Beautifully illustrates simple numbers that is business all about.
NK you want attract foreign investment? Then
you should turn this(the below picuture) into
THIS
AND THIS
So your song sheet from now on “ I wanna
love you….NOT I wanna blow you up all….!
Up date: also NK is promoting about “…no corruption…”
that is true(? i think there is another way corruption) but there are different between under total totalitarian people no
incentive for corruptions and S Korean “money envelop”, no incentive for
corruptions. Then you should ask
yourself who you like to business?
