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If North and South Korea are unified in the future, will Korea be considered a developed country or a developing one?

Let me be very clear on certain cases.Disclaimer: This answer is not to demean or insult any Korean in general. Have extreme respect for South Koreans and those who have went through the evils of Kim family.You are talking about two nations which post partition went on in totally different paths, and barring the same ethnicity , language and to an extent culture, there is next to no similarities.To begin with, let’s make a case study of different parametersThis is how a train of North Korea looks like-This is how a train of South Korea looks likeThis is how a typical peak rush-hour in Pyongyang looks likeThis is how peak rush-hour in Seoul looks likeI can put more pictures, but that would make the answer too messy.On one side we have a completely free-market economy well-suited for the modern-day global market, and on other side there is a state-run economy with little to no scope of creating or caring for competition in global markets.In addition, if you ever compare the average South Korean citizen in any South Korean city to an average North Korean citizen in any North Korean city, differences will be clearly visible. The North Korean will be shorter, skinnier, having a weight comparatively lower than what the South Korean counterpart would have, thanks to the poor nutrition that North suffers from.Now under a hypothetical scenario where both nations combine, the stresses on South Korea will be huge.All of a sudden you have people who have no idea what is World Wide Web coming face to face with people who have the fastest internet speeds in the world.All of a sudden you have people who cook food by using firewood coming in contact with those using microwave ovens.All of a sudden you have people who probably spent time playing on empty roads, getting to see roads over which even taking a two-wheeler is a risky thing.Basically, it will be like two different generations coming in contact.While supporters of unification on both sides might like it (assuming that somehow the unification happens with South being in-charge), a year later the same supporters of unification would begin to call North Koreans as freeloaders and a burden on South. Similarly the ones in North would began demanding everything that South has, and since North Koreans are taught in a fanatical manner that Korean race is in some manners the purest of all (yeah , this is a propaganda of Juche) rest is assumed that they will also declare South Koreans as “outsiders” or “impure”, simply because they aren’t from North.Results?People hurling racial abuses on each other, next to no respect for one-another. A perfect ground for riots, arson, demonstrations, and if some powerful nations decide to pump in money and arms, a civil war is in waiting. The nation known for Samsung, LG and Hyundai would become known for policy paralysis, mistrust, civil strife and arson.So basically, Koreans may get an entire peninsula for themselves, but at cost of their law and order, economy, lifestyle and well almost everything.Do you know that even after unification of Germany, the country had a seriously hard time to somehow make sure that the minds of the people and the economy matches? But then East Germany despite being under a totalitarian communist rule, wasn’t I guess that much in shit as North Korea is in now. The cost of uniting North and South Korea, if done suddenly, would spell a disaster. Question of developing nation or developed nation wouldn’t even arise when the entire nation is literally on fire.In another scenario, in my opinion, even before the unification is attempted,the regime of North Korea needs to be toppled and replaced by those who has vision to turn it into like South Korea to some extent, if not completely. The process will be severely slow and cumbersome, and there is no guarantee that the new ones who suddenly get to hold power will be ready to surrender it in order for a reunification. Now for sake of argument if they are all ready to quit later and forge their country as one, then again there will be a question of mutual respect, on who deserves more and who doesn’t.So basically, nothing seems to come out of the whole thing, except more conflicts.Thanks for reading. Cheers and peace fellas!!!!!

How do you run a dropshipping business inside US while living abroad?

There are several ways to build a drops nipping business within the U.S. while living abroad.1. World Wide Brands / Dobro (Dobra) they have large catalogs of items they drop ship and you can join their network for a fee.Upside: very easyDownside: everyone selling the same product and no real opportunity to private label.2. Work with a wholesale company. So for example if you wanted to sell air conditioners you would start contacting companies like Phillips, Samsung, etc. and try to get a distribution deal with them.Upside: sell products from massive companies easily with good marginsDowside: very very difficult to secure these deals, as well, if you aren't meeting their minimums they will cancel your deal quickly3. Use Amazon FBA: FBA is the new dropshipping in my opinion, we teach a course at startuprbos.com that focuses solely on this. The just of it being this- find products are selling well on Amazon- source them through alibaba- have samples sent to you and inspect them- assuming the above is in order a small order 10-30 pieces- send them to an FBA prep / inspection center and have them prep you goods for Amazon (make sure you margins work with prep / Amazon fees)- create your listing and sell awayThis is the best way in my opinion and gives you the most control supply chain while still giving you the ability to private label later.Start simple and slow and if it starts working talk to a CPA that can help you setup a legal entity in the U.S. As well as offer you advice on how to minimize your exposure.Hope this helps.

How can the freedom 251 smart phone sell for Rs. 251 or $4? Surely the components will cost many times that. Also, why have they ripped off Apple iPhone in styling and OS icons. Won't they face IP lawsuits?

The current smartphone market is dominated by Apple and Samsung. Top 5 Largest Smartphone Companies in the World . These have their reliable customers and have evolved too much when you study the differences between the past half decade. The point worth to note is the price of these smart phones and their trends - an example below -The best time to buy a flagship smartphone? - Mobile Industry ReviewWhy so - have you ever noticed? There was a time when having a normal phone with only call and text facility was a dream but now we can do almost anything on the phone without making our pockets lighter. I remember, I bought my first smartphone in 2012, which was a Samsung S2 and it costed me almost 30 grands INR. A good read for the pricing trend would be the below link - check it out for yourself - Smartphone prices are dropping, and will continue to dip through '18Enough of the trends and history, lets concentrate on Freedom 251 . Why it is so cheap and what are the things that we have to compromise to cover for the low price -One thing I can think of is design - you can't afford a trendy and stylish phone in a low cost range. Simply, they won't have resources to put much of R&D to come up with a trendy and sustainable design.This would be a highly subsidized phone from the company. Remember Aakash (tablet) , it was hyped much too (was authentic as well) and it had a 100 grands units government project for education. Was it successful or not? Mixed, those who got it, appreciated and those who did not waited for next release.The battery - the most important component, can be compromised. Reliable brands such as Samsung and Apple, struggle to accommodate a powerful battery inside a really smart phone, so, it would not be easier for Ringing Bells | Smartphone considering the price to spend.Display - Please don't expect corning gorilla glass or equivalent over the display. LCDs or LEDs are much cheaper and would work the same with a resistive/capacitive touch.Other parts such as receptors, speakers, microphones may not be so reliable or tough as other companies have, but of course they should be working and well tested.Plus - Company claimed that they would be earning from the default installed apps or promoted apps "Made In India apps" which would earn some bucks per unit to cover the low price.Plus - Company also claimed that it would benefit from the economies of the sale, large sales, less profits would still end up in large sum of profits, a win win for consumer as well as manufacturer.Plus - It claims that ordering large amount of components from Taiwan, the component manufacturers provide a bulk discount which helps in lowering the cost.No promotion, advertisement, stores, warehouses and none of supply chain mid stage activities. Direct consumer and manufacturer contacts through the website i.e. e-commerce, which helps in reducing the cost further.If you believe on the news, here are the reasons - Here's why the Freedom 251 costs just Rs 251 – Tech2There are still doubts and questions all around and all of these are genuine and the answers cannot be perfect. There are always speculations which may or may not be correct. Fingers crossed!!In my opinion, if such a thing is possible even in slightest of percentage, this would be a genius marketing and manufacturing strategy. Consider the scenario, where everyone can have a smartphone and is connected to the vast world wide web. Sometimes I imagine the general store guy giving Freedom 251 smartphones instead of change money of lower denominations.Let's Make in India, right or wrong we can decide it after the product is made. It's all about the right attitude.Edit - Is Freedom 251 safe to buy?Turned out to be a hoax with so many loopholes and fake promises. Sometimes Optimism does not result in good.

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