WORLD TRADE: “Risky Business: Investing in North Korea might seem like a crazy idea, but some are betting that stronger commercial links could push the Hermit Kingdom toward reform,” by Peter Ritter, Time, 22 October 2007, p. G6.FEATURE: “The Patient American: After toughing out Vietnam’s crackdowns on capitalism, investor Peter Ryder is reaping the rewards,” by Frederik Balfour, BusinessWeek, 22 October 2007, p. 60.
The essence of the soft-kill argument. No surprise to find it in a business article.
One investor actually speaks of the “barren romance” of the place: fairly literate, hard working, and about half the price of your average Chinese worker. Plus lots of natural resources and no competition for those who get in early.
Hell, that’s why China wants in.
You want a perfect description of a virgin market? That’s it.
The goal, then, is to skip the war and go straight into the Development-in-a-Box™ pre-canned bankruptcy proceedings.
The soft kill realized, with the logical partners leading the way.
I know, I know. Impossible.
Tell that to Peter Ryder in Vietnam.
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