North Korea is sitting on $6 trillion in mineral resources

 

So Rocket Man, Chairman Kim Jong Un, has a whole lot of stuff sitting under his earth’s crust. While everyone depicts North Korea as this down and out country, it turns out the story is far more complicated with Billions of dollars worth of rare earth minerals for one. It has been claimed that it would be such burden for South Korea should these two ever get together. Not true apparently. Plus it has beautiful beaches that Trump would love to develop!:

 

It has long been regarded as a poor country.

But as it turns out North Korea is a lot richer than we thought, or at the very least has the potential to be.

North Korea has mineral resources estimated to be worth at least $6 trillion, according to Quartz, and the secretive state is sitting on a vast array of mineral resources which remains largely untapped including iron, gold, magnesite, zinc, copper, limestone, molybdenum and graphite.

Its bedrock also holds a large amount of metals needed to make smartphones and other technological products.

But while the isolated nation might be rich in underground resources, taking advantage of the buried treasure this remains another issue.

But a 2012 estimate by a South Korean research institute valued its mineral wealth as high as $10 trillion, The Economist reported.

More at  New York Post

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Flashback -Hillary Clinton Says President Trump’s “Cavalier Threats” to North Korea are “Dangerous, Short-Sighted”

 

The left-wing media is in a real tizzy. I caught Morning Joe this morning… you know I just had to do it and they of course were foaming at the mouth that Trump didn’t go through the proper channels before agreeing to a meeting with Rocket Man. Yes, that sure has been working out swell hasn’t it?

Bill Clinton signed a nuclear deal with North Korea and gave them $4 billionto sign the deal.

The North Koreans lied and broke the agreement almost immediately.

But that didn’t stop Hillary Clinton from spouting off in October 2017 against the American president during her trip to South Korea.

(And Hillary sure was a winner with her Arab Spring and finishing Gadhafi off. Just for the record.)

Hillary Clinton says that ‘cavalier’ threats to start war on the Korean peninsula are ‘dangerous and short-sighted’, and urges the United States to get all parties to the negotiating table. ‘Picking fights with Kim Jong-un just puts a smile on his face,’ she says.

Gateway Pundit

Now for a Funny!

In an attempt to criticize President Trump for how he is handling the escalating tension with North Korea, Hillary Clinton again embarrassed herself by demonstrating she knows little about the Korean peninsula. During an interview on “The Rachel Maddow Show,” she said, “South Korea is literally, you know, within miles of the border with North Korea.” Of course, South Korea shares it’s northern border — the most dangerous border in the world — with North Korea. It is not miles away.

Thank Bill Clinton and Jimmy Carter giving North Korea the bomb,

North Korea’s boast that it just detonated its first hydrogen bomb met instant doubts from the White House and arms experts. If they’re right, Pyongyang “only” has plain-old atomic bombs.

What a . . . relief? For all this, thank Jimmy Carter and Bill Clinton. North Korea couldn’t have done it without their gullibility.

Back in 1994, President Clinton prepared to confront North Korea over CIA reports it had built nuclear warheads and its subsequent threats to engulf Japan and South Korea in “a sea of fire.”

Enter self-appointed peacemaker Carter: The ex-prez scurried off to Pyongyang and negotiated a sellout deal that gave North Korea two new reactors and $5 billion in aid in return for a promise to quit seeking nukes.

Clinton embraced this appeasement as achieving “an end to the threat of nuclear proliferation on the Korean Peninsula” — with compliance verified by international inspectors. Carter wound up winning the Nobel Peace Prize for his dubious efforts.

But in 2002, the North Koreans ’fessed up: They’d begun violating the accord on Day One. Four years later, Pyongyang detonated its first nuke. More at the New York Post

Speech by Bill Clinton on 21 October 1994 on how the world is a safer place based on the “good deal” with North Korea, preventing it from obtaining nuclear weapons. 
On October 9, 2006, North Korea announced that it had successfully conducted its first nuclear test.

Barack Obama has just made the same speech regarding Iran.

Fooled once again. (Partial notes from clip included at bottom of clip) Once again the media is complicit in the false reality of the situation.

In 1994, President Bill Clinton agreed to a deal with North Korea aimed at curbing their desire to develop a nuclear weapon, an agreement which the networks at the time hailed as a sign that “the Cold War is really over.”

Under the 1994 framework, which North Korea eventually violated, the U.S. helped the rogue regime build a new nuclear reactor that would not be capable of producing weapons-grade plutonium in exchange for international access to its nuclear facilities, although the United States caved and the inspections would not start for several years.

Agreeing to the inspections was the major concession made by North Korea. Agreeing to delay the inspections by several years was the major concession made by the U.S. But beyond the details, North Korea seems to have made a fundamental decision that the Cold War is really over.

ABC’s Peter Jennings parroted Clinton’s prediction that the deal “will prevent North Korea from developing a nuclear weapon,” while Pentagon correspondent John McWethy downplayed the significance of a delay in inspecting their nuclear facilities:

Crucial inspections are being delayed five years while the rest of the deal is implemented. American officials say the delay is a small price to pay for getting North Korea to shut down its entire nuclear program.

NBC’s Andrea Mitchell promoted the details of the agreement, even as she conceded that North Korea would get to keep its already developed nuclear bomb:

But Kim Jung Il’s regime gets to keep what intelligence experts believe it already has, at least one bomb. And it does not have to permit inspection to nuclear waste sites for 5 years.

Clinton’s 1994 deal also failed to achieve the goal of preventing the nation from acquiring a nuclear weapon, with estimates that North Korea has between 12 and 27 such weapons, and its leadership now claims it has the technology to “miniaturize nuclear weapons.”

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