Quote: (01-02-2013 01:46 PM)A CLOCKWORK TRADER Wrote:
Quote: (01-01-2013 11:56 PM)bacon Wrote:They're already making a killing! North Korea has huge deposits of coal, iron ore, copper and other valuable commodities. But only a select few of intermediary companies are taking advantage of this due to western sanctions. Most companies in the West cannot due business with North Korea because of sanctions. But companies from Singapore, Switzerland and other countries are making a killing in the market. The same story with Iran. Remember, sanctions just mean that another country gets to do business with them. That's all it really means. It's money out of our pocket.
investors could make a killing there all that uneducated poor labor, it would be like buying into china when nixon was president.
Hmmm...I hear it's pretty simple to set up a business in Singapore that's licensed there even if you don't do business within the country. So wouldn't that then open N. Korea to you?
Beyond All Seas
"The individual has always had to struggle to keep from being overwhelmed by the tribe.
To be your own man is a hard business. If you try it, you'll be lonely often, and sometimes
frightened. But no price is too high to pay for the privilege of owning yourself." - Kipling
"The individual has always had to struggle to keep from being overwhelmed by the tribe.
To be your own man is a hard business. If you try it, you'll be lonely often, and sometimes
frightened. But no price is too high to pay for the privilege of owning yourself." - Kipling