James Pethokoukis

North Korea: Global markets are also potential prisoners — and Clinton can’t help them

August 5, 2009

Strategist Andy Busch of BMO Capital Markets provides some interesting insights on the situation in North Korea:

North Korea collapse could cost $1 trillion

July 13, 2009

This from my Reuters colleague Dean Yates:

South Korean estimates have said it would cost $1 trillion or more to absorb the North. Financial markets in Seoul would plunge given how expensive and messy such a transition could be.