Tag: South Korea
Firstly, the South Korean economy has matured and growth has slowed from the high double digits to the low single digits. Secondly, the national growth locomotives – family-run conglomerates, such as Samsung, Hyundai and LG – have gone global and off-shored.
North Korea is another example of the immorality and inefficacy of sanctions. The sanctions have been effective only in preventing sick and needy people from obtaining humanitarian assistance.
Even on Trump’s island of misfit toys, Bolton was a particular standout for the way he made the world a riskier place. His departure is the best news Asia’s economies have received in quite some time.
The basic problem is that Japanese and Koreans are highly nationalistic. And nationalists don’t always like each other.