Skip to comments.The $10 Trillion Resource North Korea Can't Tap
Posted on 09/13/2017 2:49:23 PM PDT by bananaman22
North Korea may not have proved petroleum reserves, but its estimated that the secluded belligerent nation sits on reserves of more than 200 mineralsincluding rare earth mineralsworth an estimated up to US$10 trillion.
Of course, there are no official reports on how much North Koreas mineral wealth really is, but according to rough estimates from earlier this decade, Pyongyangs deposits of coal, iron ore, zinc, copper, graphite, gold, silver, magnesite, molybdenite, and many others, are worth between US$6 trillion and US$10 trillion, as per South Korean projections reported by Quartz.
(Excerpt) Read more at oilprice.com ...
Sounds like Republicans when victory is in plain sight.
Which means it is really $20 to $40 trillion.
How long before some fool comes along and makes the accusation that this is the basis of our beef with Norklandia?
Probably happened already.
I talked with a fairly smart guy yesterday who believed that all wars since 1871 were planned out in advance by a global Jewish conspiracy, centered in London.
AHhhhhhh. So that is why China wants NK in the dark ages.
If that is true, why not have Trump make a deal? Let NK become more prosperous than China, kinda like Qatar another evil empire.
Sounds like lefty argument prep in case of invasion of NK:
“No blood for R.E.M.s..!”
Doesn’t have quite the same ring, though.
If every nation implemented free market capitalism, there'd be close to zero poverty around the world.
Doesn’t matter if it’s worth 100 trillion if there are no buyers.
“I talked with a fairly smart guy yesterday who believed that all wars since 1871 were planned out in advance by a global Jewish conspiracy, centered in London.”
It’s true. Every day they meet at Zobler’s Deli and they enjoy a fresh bagel with lox and cream cheese before they plot to take over the world.
I mean who’d try to take over the world on an empty stomach?
Well Mariner, it is why we are ib Afghanistan
Check where they stand on rare minerals.
nk for decades inserted 30B/yr in counterfeit currency into US. The figure of 30B/yr is now considered to be much higher. Guessing has the counterfeit expanded??? Consider this .. jkskerry while sos met with nk officials... jkskerry carried the norks our current currency denominations with the blessings of zer0 and hitlery ....
Oh, there’s buyers.
The owner is too incompetent to _sell_.
Well there is that. All he wants is his cheese sammiches and points to things asking “Can I eat that?”
“Let NK become more prosperous than China”....
NOPE, Little Fat Boy would then make lots of rockets he can play with, at the peril of the world.
It really boils down loosely to the Capitalists vs Communists. Every regime,blood thirsty dictator,Islamic extremist,socialist etc is in one way or another against Capitalism because that is economic and individual freedom. keeping people poor makes them more controllable and obviously dependent.
20 trillion and we should invade because our dept needs the money.
“US$10 trillion.” Yeah, right. And Barry Bonds wanted to hit 800 home runs. And minimum wage should be $15 an hour. Lazy people just make up numerical totals that sound cool: ten trillion, 800 and 15.
I am still waiting for a politician to say three words: integral fast reactor.
So, Let China mine the NK minerals and we will mine the $14 trillion in Afghanistan.
But yes it’s about letting little girls go o school.
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