Monday, September 5, 2016

North Korea is today what China was 25 years ago

If we all bought North Korean currency, we'd all be rich someday. 

Well, North Korea today is where China was in 1981. Deng Xiaoping started opening up in '78. Most of us, including me, either weren't aware of it or if we were aware of it. We ignored it, didn't pay any attention. North Korea is doing that now. 

There are 15 free trade zones there now. You can take bicycle tours of North Korea, if you want. You can take movie tours. I'm sure if [Kim Jong Un's] father were alive, he'd hang him. If his grandfather were alive, he'd torture him and then hang him, you know, for some of the things he's doing. I mean, you go to North Korea now, you see these astonishing restaurants with white tablecloths, cutlery, candles. I mean, this is North Korea we're talking about. Chefs. It's happening.

China and Russia investing in North Korea

They're going to be the richest people in China, because they're starting banks, and everything else in North Korea, and you and I just sit and look and say, 'Buy me a Champagne someday.'