North Korea!
My great Uncle was never one to follow the crowd. While imprisoned in a Japanese prisoner of war camp towards the end of WW2, he managed to send a signal to his mother (via the Red Cross) to invest his salary in Japanese futures. He was investigated by MI5, but cleared. His reasoning was that the Japanese were so utterly determined, intelligent, and disciplined that even if they lost the war they would become a major economic power. He bought a small number of shares in Mitsubishi, Yamaha, Suzuki and a couple of others. He died a near-billionaire a few years ago.
I have just come back from a trip to the China/ North Korea border with an investment banker friend.We invested an astucious percentage of our personal portfolios into Chinese companies who have legally-held investments in North Korea. We are convinced that even if North Korea is glassed over in the near future, in our lifetime it will emerge as an economic superpower, and our contemporary legal investments will be an important foothold for further investments in the future. North Korea has an abundance of the most important natural resource in the world - human IQ - as they lie at a crossroads between Japan, South Korea and Manchurian China (whose residents share highest average IQs in the world). They also have significant mineral resources, hydro-electric potential, tourist potential. As soon as North Korea reforms, it will become an economic super-power - and I am betting on it now with my money!
I have just come back from a trip to the China/ North Korea border with an investment banker friend.We invested an astucious percentage of our personal portfolios into Chinese companies who have legally-held investments in North Korea. We are convinced that even if North Korea is glassed over in the near future, in our lifetime it will emerge as an economic superpower, and our contemporary legal investments will be an important foothold for further investments in the future. North Korea has an abundance of the most important natural resource in the world - human IQ - as they lie at a crossroads between Japan, South Korea and Manchurian China (whose residents share highest average IQs in the world). They also have significant mineral resources, hydro-electric potential, tourist potential. As soon as North Korea reforms, it will become an economic super-power - and I am betting on it now with my money!
Last edited by Trim Stab; 23rd Dec 2017 at 22:40.
This level of confidence must be really rare these days.
For comparison: If one would have invested in former east german companies before the wall came down that would not have guaranteed any profits afterwards. Some, or actually most big "Kombinates" just vanished. Too big, no more market, not competitive, outdated, way too much staff, too high cost, management selected for party loyalty not for actual work qualification. Including Interflug airlines. They had some active general on top instead of a cost killer.
It's true you will find bright minds everywhere. But these are more small business owner type of guys or maybe some scientists.
For comparison: If one would have invested in former east german companies before the wall came down that would not have guaranteed any profits afterwards. Some, or actually most big "Kombinates" just vanished. Too big, no more market, not competitive, outdated, way too much staff, too high cost, management selected for party loyalty not for actual work qualification. Including Interflug airlines. They had some active general on top instead of a cost killer.
It's true you will find bright minds everywhere. But these are more small business owner type of guys or maybe some scientists.
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Bulls do a lot of it.
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Brat
Are you suggesting there were WOMD?
That we didnt spend zillions or kill millions??
That the ME fell into 15 years of continuing mayhem & slaughter???
Or that Bush andBlair carry the responsibility????
Are you suggesting there were WOMD?
That we didnt spend zillions or kill millions??
That the ME fell into 15 years of continuing mayhem & slaughter???
Or that Bush andBlair carry the responsibility????
Japan, South Korea and Manchurian China (whose residents share highest average IQs in the world)
Japan, South Korea and Manchurian China (whose residents share highest average IQs in the world).
Trim Stab wrote:
If they're that bright, how is it that they're still suffering under the Kim dynasty?
Investing in Chinese companies with North Korean dealings? Wouldn't betting on the 3 card trick be less of a risk?
North Korea has an abundance of the most important natural resource in the world - human IQ
Investing in Chinese companies with North Korean dealings? Wouldn't betting on the 3 card trick be less of a risk?
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My 10cents :
1. I doubt, too, that these NK folks have the highest IQ on the planet which they are so eager to destroy. Who made such measurements, I wonder. All those Kims would never allow such "imperialistic tricks" to be played with their slaves (well, comrades).
2. IQ itself does not mean much in terms of economic and social development. These are just tests, while the cognitive aspect as well as creativity are not addressed. E.g. we see many brilliant entrepreneurs in US (that drive the economy,) and not all of them, I assume, do have highest IQ in these tests.
3. I think we all know some people around us who are quite knowledgeable, have read megatons of books, but are losers in professional and everyday life.
1. I doubt, too, that these NK folks have the highest IQ on the planet which they are so eager to destroy. Who made such measurements, I wonder. All those Kims would never allow such "imperialistic tricks" to be played with their slaves (well, comrades).
2. IQ itself does not mean much in terms of economic and social development. These are just tests, while the cognitive aspect as well as creativity are not addressed. E.g. we see many brilliant entrepreneurs in US (that drive the economy,) and not all of them, I assume, do have highest IQ in these tests.
3. I think we all know some people around us who are quite knowledgeable, have read megatons of books, but are losers in professional and everyday life.
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So crack on and believe whatever you like.
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We recently had a missionary come to speak at our church, who had made it into North Korea as a 'tourist'. Hearing of the oppression first hand was chilling. On the train in from China, all the tourists had all electronic items removed and itemised (down to serial number apparently). All memory cards were checked on the way out for images that were not to be removed from the country. While inside, they were accompanied 100% of the time. There was zero free movement. They were taken to a school to see how wonderful the NK education system was, but apparently it was clearly staged for the day. He also spoke about workers being escorted from home to work, and then back again. The oppression is total. As is the darkness at night-time, when electricity supplies are rationed.
If NK is ever opened up, we (the developed world) desperately need a plan to help the people there cope with a new free world. They have no concept of the 21st century outside NK...I personally believe that China should (temporarily) adopt NK for a generation. While China is no perfect state, I honestly believe that full immersion into a modern western style world is something NK would struggle with...but maybe that's pessimistic. But for now, I just feel for the population there, who know only poverty while the Kims enjoy the trappings of luxury.
If NK is ever opened up, we (the developed world) desperately need a plan to help the people there cope with a new free world. They have no concept of the 21st century outside NK...I personally believe that China should (temporarily) adopt NK for a generation. While China is no perfect state, I honestly believe that full immersion into a modern western style world is something NK would struggle with...but maybe that's pessimistic. But for now, I just feel for the population there, who know only poverty while the Kims enjoy the trappings of luxury.
Last edited by NWSRG; 24th Dec 2017 at 17:40.
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Overcome what exactly?
Survival at all costs is an inbuilt protective mechanism.
To have to exercise it it todays world is a sad indictment of North Korean culture and advancement in human development.
I take it you mean by clinging on to a miserable existence under the rule of a complete psychopathic despot.
Overcome what exactly?
Survival at all costs is an inbuilt protective mechanism.
To have to exercise it it todays world is a sad indictment of North Korean culture and advancement in human development.
Overcome what exactly?
Survival at all costs is an inbuilt protective mechanism.
To have to exercise it it todays world is a sad indictment of North Korean culture and advancement in human development.
Since then, they have rebuilt and on a population of perhaps 25mm have managed to produce nuclear weapons and delivery vehicles, despite sanctions, embargoes and famines.
That is an impressive performance by any standard. So it is not unreasonable to expect more of the same when the war clouds lift.
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Kim Jong-un's North Korea nuclear test mountain may collapse, let out 'many bad things'
I am sure if that happens China will have something to say with the close proximity.
I am sure if that happens China will have something to say with the close proximity.
Amazes me how the PC brigade have blinded so many into ignoring scientific research.
Also, investing in NK is not as risky as you might imagine. Our direct investments are all with Chinese companies with good contacts in NK, and investing in Chinese companies is no more risky than investing in small-medium capital western companies. The trick is to identify which areas of the NK economy are most ripe for spectacular growth, and which Chinese companies are best placed and most prepared to move into NK post regime change.
That link does not work.
But in any case investment in education is in itself a sign of an intelligent race. Africans have been on the planet as long as Chinese - but still they have never managed to build a functioning education system.
Chinese now massively outperform any other race in scholastic tests (see PISA tests). In UK schools, Chinese children outperform white children (particularly in science subjects) and of course Afro-Caribbean children are the poorest performers, and explains why UK overall scores are quite mediocre.
By the way, have you ever spent much time in Africa? You should try working there before you make any claims that they are just as intelligent as white people! I have spent some fifteen years or so working in various parts of Africa and I would never invest a penny in that continent, because the inhabitants are so dumb, venal, corrupt and dishonest.
But in any case investment in education is in itself a sign of an intelligent race. Africans have been on the planet as long as Chinese - but still they have never managed to build a functioning education system.
Chinese now massively outperform any other race in scholastic tests (see PISA tests). In UK schools, Chinese children outperform white children (particularly in science subjects) and of course Afro-Caribbean children are the poorest performers, and explains why UK overall scores are quite mediocre.
By the way, have you ever spent much time in Africa? You should try working there before you make any claims that they are just as intelligent as white people! I have spent some fifteen years or so working in various parts of Africa and I would never invest a penny in that continent, because the inhabitants are so dumb, venal, corrupt and dishonest.
From your very own reference :
You seem to have a strong confirmation bias in your interpretation and not a lot of caution. You also conflate country and race.
https://www.google.co.uk/url?sa=t&so...rPGzrX3sJv9YCH
Is a downloadable pdf
These results are controversial and have caused much debate, they must be interpreted with extreme caution.
https://www.google.co.uk/url?sa=t&so...rPGzrX3sJv9YCH
Is a downloadable pdf
Last edited by beardy; 25th Dec 2017 at 08:22.
From your very own reference :
You seem to have a strong confirmation bias in your interpretation and not a lot of caution. You also conflate country and race.
https://www.google.co.uk/url?sa=t&so...rPGzrX3sJv9YCH
Is a downloadable pdf
You seem to have a strong confirmation bias in your interpretation and not a lot of caution. You also conflate country and race.
https://www.google.co.uk/url?sa=t&so...rPGzrX3sJv9YCH
Is a downloadable pdf
Making observations like this is not racism - but we really should be addressing these statistics when addressing future immigration policy in UK. As an aside, during my recent trip to China, one former university professor turned politician told me that in his opinion it would be a very long term project for China to become a world football super-power (one of their aims) because they did not have any blacks in their population. He did add, however, that in his opinion their racial homogeneity would ensure that their scholastic achievement and highly technical economy would not be disadvantaged compared to European and US economic mixed-race rivals.