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Material reality starting to catch up to the idealistic capitalist periphery
Something something... free markets... capitalism--no! Not like that!
bbbbubble burst
Let’s fucking goooooo
ROK had three main advantages that allowed it to be more prosperous than DPRK:
Other events like the fall of the USSR and a major flood have also set DPRK back.
It will be interesting to watch if DPRK becomes the more prosperous nation long-term due to socialism simply being a better economic system and what this will mean for future reunification. But I am getting ahead of myself.
My prediction is that social collapse in the south will eventually lead to reunification.
Didn't unoccupied Korea say they were no longer interested in reunification? Why would they want to rehabilitate that cess pool?
Yeah, the new policy is they're not going to seek reunification, but I think that mostly implies that they see no reason to take over the south by force. If there was a collapse in the south, integrating it would mean removing US presence from their border. And that would be very valuable.
It will be interesting to watch if DPRK becomes the more prosperous nation long-term
Its been interesting to see the recent economic successes of the DPRK and to watch how even the capitalist media in the US is starting to concede to it. Now, whether that means that the US is going to try to get them to "open up" like China did is anyone's guess.
More like 864 trillion lost
Is this just fraud as usual or is there something else going on? Is it at all related to antitrust allegations of price fixing and such?
China's CXMT just broke the global memory chip duopoly held by Samsung, SK Hynix and Micron. Their IPO caused a major global semiconductor stock rout and Korean markets halted trading because it's basically propped up by these companies. And on top of that, there are now increasing worries about the whole AI bubble built on circular investments. If data center build out stops then the demand for chips and memory is going to collapse too.
*starcraft marine, "Hell... It's about time."
Stop, I can only get so erect
if we're bneing honest, that index should halve again to be where it should be, what even happened the last year? that index went like +300% in a single year
