Statement by H.E. Ri Yong Ho, Minister of Foreign Affairs of the Democratic People’s Republic of Korea at the General Debate of the 73rd Session of the General Assembly of the United Nations (29.09.2018)

President Lungu is making Zambia a Chinese debt-slave!

We can just wonder how and why these Executives, these Presidents are taking these high-risked loans on Infrastructure projects and other vanity institutions, without considering the implications, the cost of interests and the real time cost of the projects as a whole. As they are topping off one more loan with another. Creating a negative spiral and instead of gaining the income through proper taxations or donor aid. They are instead taking higher loans and hoping the future generations can pay it off. This while the Chinese government who borrows are awaiting return on investment and making sure the debt-slave, that they will repay their stocks and bonds, even as needed vital part of infrastructure, even mineral extractions if needed be.

There been warnings on the horizon that the aftermath of these jolly days loans would come to into the atmosphere. Now, that is a reality, as the Republic of Zambia are countering the Chinese and struggling to repay all the borrowed funds. It is really to the next level.

“Africa Confidential noted that although Finance Minister Margaret Mwanakatwe announced that all Chinese projects below 80 per cent completion would be halted, President Edgar Lungu told Chinese nationals that all projects would go ahead as planned. “The Zambian government is supposed to be contributing 15% of its own money to the Chinese-financed projects. Meeting this commitment is testing government finances to the limit and taking precedence over social expenditure. Even though Finance Minister Margaret Mwanakatwe pledged to halt all Chinese-backed projects that were less than 80% complete, on 11 July President Lungu publicly told Chinese officials in Lusaka that there would be ‘no disruption in the ongoing projects’ financed by China,” read the report.“Since President Edgar Lungu came to power, Zambia has signed off on at least US$8 billion in Chinese project finance. Over $5 bn. of this has not been added to the total because Zambia insists the money has not been disbursed, and more large loans are in the pipeline. Yet the finance ministry does not have the capacity, insiders say, to police, let alone stem, all the spending. In some cases, the financial penalties for halting disbursement on projects would outweigh the savings. Donor governments have offered technical assistance to bring the project debt mountain under control but have been rebuffed.”” (Lusaka Times – ‘China to take over ZESCO – Africa Confidential’ 04.09.2018).

When you read this and thinking, why did the President Lungu accept all this loans and didn’t he ensure that the state could arrange to pay it back somehow? Alternatively, did he just issue it without considering the implications, because he saw it as free money? Didn’t Lungu consider the refinancing and the costs of these loans?

Now there is reports that the Chinese will take certain infrastructure away from the Zambian government, as a way of repayment, an airport and even other things. That proves how dire the situation is, as the Chinese did the same in Sri Lanka and now does it Zambia. As it is proven, that if you don’t pay the bill-collector, something will be taken as collateral. That is evident in this case, as the rising debts and the spiral of negative sums are taking its toll. That because the President doesn’t care for the consequences and eats the defaulted debts.

Zungu is using the state to eat and the people are paying more, as they are working, but seeing the Chinese taking away their assets, because Zungu got “free” money to spend, while the results of these loans are not up to par. That is why this situation is dire. The costs are all put on the state, but the President don’t have to take any responsibility or care for the added costs. That is proven. Peace.

Chinese Investments in Africa: It is not a free-lunch, the tab has to be paid!

African leaders should not turn the continent into a giant collector of donations and loans from wealthy nations—they must find other plausible means to help established their economic security so as to minimize poverty. This incoherent blunder on the mainland must be scrutinized.”Duop Chak Wuol

As The 2018 Beijing Summit of the Forum on China-Africa Cooperation (FOCAC) is scheduled to happen on the 2nd and 3rd December 2018, there is time to remember how the Chinese is operating on the African Continent. The Chinese isn’t coming with empty giving hands of donations or even charity. They come with intent of interests and needs of resources from the continent, by offering loans, serving and building through state owned enterprises (SOE) in various of countries, whether it is roads, ports or railroads are built by Chinese Companies, by Chinese Workers and often on Chinese loans. Therefore, they might end up as Chinese owned enterprises, whose vital for transportation and export of needed minerals and whatnot from the continent.

Instead of coming with loans and direct-aid with strings like Western Powers has done over the last few decades, the Chinese are coming with friendly loans, but the Heads of State should know that the Chinese doesn’t play. They want value for money and expect a return, if it doesn’t they might snatch the new crown-jewel or anticipate to get perks from the state. If that is some sort of trade-off or licenses to extract mineral resources or even minor taxation like toll-roads, where the piece of cash will be sent to Beijing and not the capitol of the country where the road is built. That is how these people operate. They are not in it to play or be giving, but gain advantage and have the upper-hand.

This can be shown by what the State Media in China writes in Xinhua Net wrote today and what a CARI report on the same funds are saying. The Chinese portray the funding as investments on the Continent, as the funds are most likely pushed as loans, which burdens the states and that they have to repay. Loans are not given, but issued because of lack of direct funds to build those infrastructure and investments done. So, what I am saying isn’t mere speculation, but a narrative that has to sink in.

Chinese Investments:

China’s investments into Africa surged by more than 100 times from 2000 to 2017. In the past three years, annual Chinese direct investment into Africa was about 3 billion dollars on average. By the end of 2017, China’s investments of all kinds into Africa totaled 100 billion dollars, covering almost every country on the continent” (Li Xia – ‘Facts & Figures: China-Africa ties: cooperation for shared future’ 02.09.2018 link: http://www.xinhuanet.com/english/2018-09/02/c_137438845.htm).

Chinese Loans:

From 2000 to 2017, the Chinese government, banks and contractors extended US $136 billion in loans to African governments and their state-owned enterprises (SOEs). Angola is the top recipient of Chinese loans, with $42.2 billion disbursed over 17 years. Chinese loan finance is varied. Some government loans qualify as “official development aid.” But other Chinese loans are export credits, suppliers’ credits, or commercial, not concessional in nature. China is not Africa’s largest “donor”” (China Africa Research Initiative – ‘DATA: CHINESE LOANS TO AFRICA’ Version 1.1 August 2018).

They might try to conceal the reality, just like make-up is used on the face to fade the age or even marks that shows stress or pimples. However, the Chinese cannot be able to lie about their intent. They would not offer these sums of cash, without expecting a turnover or even profits. The Chinese wouldn’t allow all these billions of US Dollars spent on these nations to be spoiled and lost on the streets of Lome, Harare, Addis Ababa or Nairobi. They anticipate a return on the loans, either straight cash or getting pieces of the built infrastructure to advance the value of the Belt and Road Initiative (BRI).

That the Heads of State in Africa should be concerned as they are getting in debt traps, instead of being in cycle of positive growth, they are getting new loans to pay the old ones. They are using the same creditor to secure new loans on top of the old-debt. That is how it will continue, until a point where they cannot pay the defaulted debt and the Chinese would then come to snatch something of value to recoup the failing debt. Because they don’t want to write-off the big money without having anything in return. That is what the Chinese has done in Sri Lanka and might start elsewhere. There might be soon more control of port in Djibouti or railroad of Kenya, even the Ethiopia-Djibouti railway line too. As they want their value of money.

They might be all smiles and photo-ops in Beijing these days, the smiles and added loans to dozens of countries. The added “investments” and deals struck, but the Chinese will not do so without getting something in return. To think otherwise, is to be naive and think they don’t have an agenda by doing it.

There is nothing like a free-lunch and the people will learn that, the Heads of State will not directly pay the debt, but the states will do so. Maybe not in this decade or next 5 years, but sooner or later. The bill for the coffee and biscuit will come. Than it is all eaten, but tab still has to be cleared. Peace.

Is the Filipino getting into a debt-trap with China like Sri Lanka and Tonga?

If you owe your bank a hundred pounds, you have a problem. But if you owe a million, it has.”John Maynard Keynes

There are worries about the rising levels of debt the Philippines has to China. That should worry all Filipino. Since, this will be repaid, even as the infrastructure projects under the President is served now. The time for repaying these debts will come. This might be the next one after President Rodrigo Roa Duterte might have to answer for that. But he should be worry himself of the levels he is putting the Republic in, unless he wants important parts of the infrastructure be “given” to the Chinese as a way of repaying the debt like Sri Lanka did.

The conclusion of an agreement with China to manage the Hambantota port was seen as inevitable after the government buckled under Chinese pressure when the China Communication and Construction Co Ltd, which was building the port city, demanded USD 143 million as compensation for the stalling of the work. The Sri Lankan government was also compelled to renegotiate the Colombo Port city project last year, which had been suspended due to criticism about the Chinese ownership of 20 hectares of freehold land as well as controversy over the project’s possible negative environmental impact” (Smruti S. Pattanaik – ‘New Hambantota Port Deal: China Consolidates its Stakes in Sri Lanka’ 17.08.2017).

This story should be worrying for the Philippines as the rising debt to China will come to roost one day. Duterte has accepted and taken it for his projects, but will it be sustainable. That is something he himself should ask himself and also if they can repay this debt without paying a high price.

Jovito Jose P. Katigbak reported in June 2018 this: “Another issue worth noting is debt sustainability. There are concerns that borrowing heavily from China will lead the country into a debt trap. A 2017 Forbes article contends that the Philippine government debt could swell up to USD 452 billion by 2027, which translates to a debt-to-GDP ratio of 197 percent. The estimated figure is based on an annual 10 percent interest rate on loans levied by the Chinese government, hence tying the Philippines into a “virtual debt bondage”” (CIRSS Commentaries – ‘BRIDGING THE INFRASTRUCTURE INVESTMENT GAP THROUGH FOREIGN AID: A BRIEFER ON CHINESE ODA’ June 2018).

If the Filipino doesn’t get to worried about the amount they are borrowing from China. It isn’t only Sri Lanka who has eaten over more debt than they can swallow and has to repay with other means. There are worry in the Pacific island of Tonga.

As reported from Tonga: “Chinese aid in the Pacific region has increased dramatically in recent years and the country has become the region’s second-largest donor. Tonga’s debt to China has been estimated to be more than $100m by Australia’s Lowy Institute think-tank. The prime minister told local media last week that countries would get together to ask the Chinese government to “forgive their debts”. “To me, that is the only way we can all move forward, if we just can’t pay off our debts,” he added. Beijing has refused to write off loans in the past but has given Tonga an amnesty on repayments” (Simone Rench – ‘Tonga premier to ask China to ‘forgive’ Pacific debts’ 21.08.2018 link: https://www.publicfinanceinternational.org/news/2018/08/tonga-premier-ask-china-forgive-pacific-debts).

We have seen what the Chinese done to the Sri Lankan and Tongan counterparts. Both of instances could be happening to the Philippines. Not that you wish that, but the repayments of the growing debt will happen at one point. Even if there is long grace-period of lower rates on the interests as promised to Manila. You can wonder when the Beijing want to recoup the funds and the debt.

Right now, Duterte has a good relationship with Beijing, but when do they feel they have invested enough in the Build! Build! Build! (BBB) projects and wants profits and returns on the investments?

Because the Chinese will not do this forever. They might act nice at first and investing in infrastructure projects as a part of the Belt and Road Initiative (BRI), but when time goes by and lack of repayment hits the fan. The familiar faces of Beijing will get their value for the money and the sovereignty will be taken away. As a port, a piece of mines or exploration of some sort of industrial output will go directly to Beijing and a state owned company. Since they will get their repayment for all the offered debt to the nation.

That is what Duterte is risking, if it is oil exploration and extraction, mineral resources or even ports that is vital to the business done in the Philippines. Does he wants to risk that for the signature building of the BBB?

Peace.

Dambisa Moyo on democracy, China’s economic model and foreign aid (03.08.2018)

On reforming democracy, the international economist argued that citizens should have to take a test in order to vote.

DOHA, QATAR, August 3, 2018 – The bestselling author goes Head to Head with Mehdi Hasan at the Oxford Union:

  • Argues that it is “mad, it’s crazy” not to see major problems in Western democracy today, asserting that today’s rise in populism; “has its roots in economics.”
  • Says short-sighted policies coming from the West have created “more impoverished people” around the world and “fed into issues of political instability.”
  • Asked if Goldman Sachs had a role for the 2008 financial crisis, asserts that her former employer had “no special responsibility” for what took place.
  • On reforming democracy, proposes that all citizens should take a test to ensure a “good knowledge of what exactly they are voting on.”
  • Whilst discussing aid in Africa, Moyo asserts that aid is a “corrosive force” to African democracy because countries cannot hold their governments accountable “if actually Oxfam is going to solve the healthcare problem,” or “somebody else is going to solve education.”

In a far-reaching interview with Al Jazeera (AlJazeera.com) English’s Head to Head, Dambisa Moyo argued that there are major problems with Western democracy today.

“The notion that democracy is not a problem is mad, it’s crazy,” Moyo said.

Discussing why she believed liberal democracy was “under siege,” Moyo asserted that today’s populism “has its roots in economics”, describing how “real wages have come down…over the past 30 years, social mobility has declined” and “income inequality has widened.”

She blamed short-termist Western policies, such as farm subsidies in the US and Europe’s Common Agricultural Policy, for locking “out the goods that are produced in places like Africa and South America” which has led to “more impoverished people” and “fed into issues of political instability.”

A former Goldman Sachs banker, Moyo was asked whether the company had a particular role for the 2008 financial crisis, she said that it had “no special responsibility” for what took place and that “we all have to take responsibility”.

Goldman Sachs agreed to pay $5.1bn in fines in January 2016, following an investigation by the US Department of Justice for its role in the crisis.

On reforming democracy, the international economist argued that citizens should have to take a test in order to vote and that people must have a “good knowledge of what exactly we’re voting on” before being allowed to vote.

When she remarked how voter participation was at all-time low, presenter Mehdi Hasan responded by asking “so the idea is then you make it harder for them to vote by putting a test in front of them?”

In her new book; Edge of Chaos, Why Democracy is Failing to Deliver Economic Growth – and how to fix it, Dr Moyo proposes a system of weighted voting where some individuals have more voting power than others.

When defending her proposal, which presenter Mehdi Hasan suggested was elitist and would actually “help populism”, Moyo asserted that her idea was “based on participation, not on education” and that a degree of weighted voting already existed around the world.

Speaking about China and its economic model, Moyo commented how “over 300 million people have been moved out of poverty in 30 years” and that the West should be careful not to “point fingers” when commenting on the country’s democratic record which was on its own particular “path”.

Addressing a question on the benefits of China’s economic model, Moyo noted how Chinese politicians “don’t need to seduce today’s voter in order to remain in political office” in comparison to the US, where there is a “mismatch between long-term economic challenges and short-termism in the political system.”

Economist Dambisa Moyo first made waves with her book Dead Aid, which argued that rather than alleviating poverty in Africa, aid was actually preserving it. Asked whether she believed aid had had any beneficial effects, the economist described its “corrosive nature” on “democracy on the African continent.”

“We do want to be able to hold our governments accountable but we can’t do that if actually Oxfam is going to solve the health care problem, somebody else is going to solve education, how are we able to hold our governments accountable from a public policy stance if they are not the ones who are delivering these outcomes?”

The best-selling author argued that whilst she accepted that there have been “significant wins” across Africa, “the notion that those are because of aid…is wrong.”

Moyo pointed out that China has played a hugely significant role on the continent: “We’ve had China come in, there’s been significant investment…we’re able to trade with the Chinese, for better or for worse.”

Mehdi Hasan was joined in the discussion by a panel of experts: Ann Pettifor, economist and Author of The Production of Money; Jason Hickel, anthropologist at the University of London and author of The Divide: A brief Guide to global inequality and its solutions; and Jamie Whyte, research director at the Institute of Economic Affairs (IEA).

The interview is part of a brand new series of Head to Head, Mehdi Hasan’s hard-hitting discussion show on Al Jazeera English. Other guests were former Israeli Deputy Foreign Minister Danny Ayalon, former Trump campaign National Security Director J.D. Gordon, and feminist Germaine Greer.

Is it time to rethink Democracy? with Dambisa Moyo will be broadcast on Friday August 3rd at 20:00 GMT, and will be repeated on August 4th at 12.00 GMT, August 5th at 01.00 GMT and August 6th at 06.00 GMT.

Opinion: Hope Kagame learns from Sri Lanka!

As conning as President Paul Kagame are, he will never outsmart the Chinese in their loans and agreements, especially when concerning their moneys and the planned extension of the Belt and Road Initiative (BRI). Before I show the naive relations that Kagame has with Xi Jinping on the visit. I will first show the statements made by Kagame as he is signing agreements and loans. Kagame is really risking natural resources and the infrastructure projects that the Chinese are supporting. If there is any default on loans or problematic to pay back. The Rwandan state will repay with the resources in the soil or within bound of the structures put in place. Therefore, Kagame shouldn’t think of himself as an equal with China, he should think of it as a borrower and find ways to secure repayments.

I also want to say a few words from the heart. The growing relationship with China is based as much on mutual respect as on mutual interests. That is evident in your personal commitment to our continent, Mr. President” (…) “More generally, China relates to Africa as an equal. We see ourselves as a people on the road to prosperity. China’s actions demonstrate, that you see us in the same way. This is a revolutionary posture in world affairs, and it is more precious than money” Kagame stressed” (Abdur Rahman Alfa Shaban – ‘’China relates to Africa as an equal’ – Paul Kagame’ 23.07.2018 – Africa News).

When you see this, you wonder if the Rwandan President is naive or if he thinking that the Sri Lankan experiment of high loans and bad repayments cannot hit Kigali, like it hit Colombo. Not that I want this to happen to any state. I am as worried about this in Uganda and Kenya, as the loans to for instance Madaraka express, Karuma Hydroelectric Power project and Kampala-Entebbe Expressway. This has to be repaid to the Chinese at some point and with interest.

Kagame is foolish, if he thinks the Chinese will not expect a return on their investment, that is what they do.

Here what happen with the Chinese loans in Sri Lanka:

Some Sri Lankan economists had privately told me in 2011 that their country will find it difficult to repay the massive loan of USD 8 billion at an interest rate of more than six per cent taken from China for modernising the Hambantota port and that it may ultimately have to convert these loans into equity. That warning came true on July 29, 2017 when Sri Lanka and China signed the Hambantota Port Concession Agreement. Soon after the Agreement was signed, China declared that the Hambantota port is a part of its Belt and Road Initiative (BRI). According to the agreement, China will pay USD 1.12 billion upfront in a debt-equity swap in the ratio of 70:30 approximately, with the China Merchant Port Holdings Company (CMPort) getting 69.55 per cent of the shares and the Sri Lanka Ports Authority (SLPA), a public sector organization, holding the remainder 30.45 per cent. After 10 years, SLPA can buy another 20 per cent of the shares, making the two companies equal partners” (…) “The conclusion of an agreement with China to manage the Hambantota port was seen as inevitable after the government buckled under Chinese pressure when the China Communication and Construction Co Ltd, which was building the port city, demanded USD 143 million as compensation for the stalling of the work. The Sri Lankan government was also compelled to renegotiate the Colombo Port city project last year, which had been suspended due to criticism about the Chinese ownership of 20 hectares of freehold land as well as controversy over the project’s possible negative environmental impact” (Smruti S. Pattanaik – ‘New Hambantota Port Deal: China Consolidates its Stakes in Sri Lanka’ 17.08.2017).

So if the Rwandan take the grants and loans for granted, they might be forced by the financial pressure from Beijing to give away either infrastructure or even make concession of some other vital resources. Because the Chinese expect some value for their money, they are not doing this for charity, but for development of themselves. Therefore, Kagame is not an equal and will not be an equal. I wish that was a serious thing, but the way the Chinese play these agreements. They are not playing around and doling out money for the hell of neither. Neither does anyone else, that is why usually with Western Aid the state expect bought from same source imports and also with strains of governance to get the funds. So, the Chinese does it their way. That is respected, however, the worry is what the aftermath is the for the ones that swallowed to much debt and cannot repay.

Will that happen to Rwanda?

Kagame shouldn’t see himself as an equal, but wonder how he does fit as a piece of the puzzle in the BRI project of the Chinese and how he can pay back with interests. Because that is the next step. The should also worry the neighbors who has borrowed heavily as well from the same They should all be careful and wonder what would happen. This is isn’t only for Kagame, but he was today speaking a bit to friendly to the Chinese.

As if he haven’t gotten the news of what happen in Sri Lanka and for everyone else, that should be warning. Peace.

Trump Administration acts gangster-like towards the DPRK [and it is not working]

DON CORLEONE: Remember my new Consigliere, a lawyer with his briefcase can steal more than a hundred men with guns” (The Godfather, 1972).

In June 2018, President Trump and President Jong-Un signed a new agreement, which wasn’t particular special. There was no promise or change from the 1994 agreement. Therefore, the sudden rush of Secretary of State Mike Pompeo to arrive in Pyongyang is showing, how misunderstood the Trump Administration has off it all. They have misunderstood the agreement and the diplomatic measures. Not that Trump has the wits to understand the trick the North Koreans has pulled-off. But they signed an agreement without technicalities and without measures securing denuclearization of the Korean Peninsula. Because on the 12th June 2018, they signed to: “ the DPRK commits to work toward” and that is not stating when or how. That is a vague statement, that could mean starting tomorrow or next century. Therefore, the Trump Administration haven’t gotten anywhere closer, than they were in 1994. Even if the Administration and the President itself thinks so.

What is why Secretary Pompeo suddenly continued on the “progress” as he thought he could ambush the Party and the dictatorship. They have already a clear statement and also shown the world, they are not ready to played by Washington D.C. leadership at this point. That Pompeo thought he could play this one easily out, than the previous administrations would have done the same. However, that has not worked.

DPRK have answered to Pompeo:

The U.S. is fatally mistaken if it went to the extent of regarding that the DPRK would be compelled to accept, out of its patience, the demands reflecting its gangster-like mindset. A shorter way to denuclearization on the Korean peninsula is to remove deep-rooted mistrust and build up trust between the DPRK and the U.S. For this, both sides should be bold enough to be free from old ways which had only recorded failures and resolve the problem in a fresh manner which is never bound by the existing ways. A shortcut to it is also to take a step-by-step approach and follow the principle of simultaneous actions in resolving what is feasible one by one while giving priority to creating trust. But, if the U.S., being captivated in a fidget, tries to force upon us the old ways claimed by the previous administrations, this will get us nowhere” (KCNA: Foreign Ministry Spokesman on DPRK-U.S. High-level Talks, 07.07.2018).

If the Trump Administration thought this would be a straight forward easy game, than they are wrong. As the United States isn’t the most interesting partner for North Korea, that is China and South Korea. They are more cordial with diplomatic missions, but that is not the way of this United States. The erratic and unstable administration, who works on any whim of the President, instead of trying to figure the world out. They are blasting into the dry-wall and hoping nothing hits back.

The DPRK are not to be fooled and have calculated the efforts, all their efforts and thanks for the Singapore Summit in June, the President has gotten more respect is less lonesome in Pyongyang. He has more respect and more places to go than Beijing and Seoul. The North Korean leadership has more leverage and United States has given away theirs for a signature drive in Asia. What a waste of skin and possibility.

That is why “walking towards” can means a lot, but with no time-lines, not mechanisms or anything considering monitoring any level of progress, the North Koreans could do whatever, as the symbolic agreements is as worthless as the pen used by the Presidents.

Pompeo should have known this, but his attitude and arrogance, combined with the lack of tact, is the reason for the gangster-like ways. They are trying to ambush and change the ways of the DPRK without offering anything. That will not work, but than again, the US has lost their leverage and given way for the conference in June.

They just haven’t understood it yet. Because the Trump Administrations isn’t that educated or wise.

Ted: Say what you will, but it’s a law of nature.

Marshall: Lawyered!… of nature” (How I Met Your Mother – The Playbook – Season 5, Episode 8, 2009).

Trump and his administration have been lawyered! Peace.

Trump goes back into the future with the North Koreans: 1994 Versus 2018!

Today, Donald J. Trump might thinks in his mind, that he with this signature has done a masterstroke. Just like William Clinton thought in October 1994. That he was the master chief and the key statesman who gotten peace on the Korean Peninsula. However, there aren’t much difference in today’s agreement from 12th June 2018 and the 21st October 1994. Especially not the ball-park. Dennis Rodman might be new feature in diplomatic circles, but the agreement is like rehashing old ideas and putting some paint on it.

First the key part of the 21st October 1994:

Both sides will work together for peace and security on a nuclear-free Korean peninsula.

1. The U.S. will provide formal assurances to the DPRK, against the threat or use of nuclear weapons by the U.S.

2. The DPRK will consistently take steps to implement the North-South Joint Declaration on the Denuclearization of the Korean Peninsula.

3. The DPRK will engage in North-South dialogue, as this Agreed Framework will help create an atmosphere that promotes such dialogue” (US-DPRK AGREED FRAMEWORK / SIX-PARTY TALKS, 21.10.1994).

Second the key part of the 12th June 2018:

Convinced that the establishment of new U.S.-DPRK relations will contribute to the peace and prosperity of the Korean Peninsula and of the world, and recognizing that mutual confidence building can promote the denuclearization of the Korean Peninsula, President Trump and Chairman Kim Jong Un state the following:

1. The United States and the DPRK commit to establish new U.S.-DPRK relations in accordance with the desire of the peoples of the two countries for peace and prosperity.

2. The United States and the DPRK will join their efforts to build a lasting and stable peace regime on the Korean Peninsula.

3. Reaffirming the April 27, 2018 Panmunjom Declaration, the DPRK commits to work toward complete denuclearization of the Korean Peninsula.

4. The United States and the DPRK commit to recovering POW/MIA remains, including the immediate repatriation of those already identified” (Joint Statement of President Donald J. Trump of the United States of America and Chairman Kim Jong Un of the Democratic People’s Republic of Korea at the Singapore Summit, 12.06.2018).

You either get taken by hook or the crook. But I am not eating it. This is like Kim Jong-Ill walked in the flesh and became more tolerable, the same has Kim Jong-Un now done. Both of them got the bargain for committing to do something, while not really doing it. The same can happen now. The regime in Pyonyang can do as they please anyway. Trump got a photo-op and actually a token of peace, without really co-signing anything. If he will commit to it, time will tell, because he has torn every other deal apart. But genius in deal-making he is not, than he has to give credit to Clinton. Who practically did the same in 1990s and I doubt Trump will share credit.

Because to to me, “take steps towards” and “commits to work toward” is really mediocre in language sense. There is no timeline, there is no scheduled affairs and nothing that would stop the DPRK from not continuing. This is like writing a letter of intent, but not ratifying it into law. So they don’t have to do it, they might consider to do it, I suppose, but nothing other than with intent.

There more hold in the NDA Micheal Cohen have crafted to Stormy Daniels to silence her, than what they agreed upon to stop the North Koreans from continuing their path to nuclear warheads. That says something. Peace.

Opinion: Is the White House for Sale?

This is a question that the Americans should ask themselves? Because, I am wondering as a foreigner, if my Kingdom doled some funds on Jared Kushner or on Ivanka Trump’s bank-accountants. Would  the Foreign policy will change because of that? That is a important paradigm shift from the Trump Administration.

Other, then being supportive of horrific migration policies towards immigrants and the ones who has liven there for generations, because it is only White America who deserves to live in the United States. The rest just living their and squatting there for time being. That is the memo the White House is sending out recently.

However, are the for rent signs on the lawn in front of the White House? Are there ads on Craigslist? Or is there unknown LLC that are in connection with the White House and delegates the newly operations from the Trump Organization abroad. As the Trump Organization and Kushner Companies continues to operate more abroad, getting loans from Qatar and Saudi Arabia. If not getting dozens upon dozens of Chinese Copyrights, while trying to build Hotels and Golf Courses all around the world.

Is this how the arrangements are done now? That you shake hands, trade-off deals with foreigners to companies in connected with the Trump Royal Family and then let-off the hook of the Nation in question. So if the need the US Army, the US Trade or lifting of sanctions, that will be softer after signing of deals with Ivanka or Jared. Because the Foreigners will deliver them a few silver coins, if their sanctions are lifted or trade of state companies get a better deal with the US; Because they gave some little money to the White House Royal Family.

The royal family, which is allowed to be revised over 40 times and as they didn’t follow procedure for their forms. Still to get security clearance and all the perks of the White House. This is happening as they are still enlarging their pockets and trading away their value at the Public Office. They are really playing high stakes with the Republic.

It is like they can buy and trade policies now, the foreign interference is evident and the change of narratives comes quickly, especially if the ones in this Trump Administration gets a pay-off. If there is need in a government agency, if the lobbyist or company needs changes of policies.

Remember pay someone off, especially pay off the Trump Family and relatives, then you get the princess and the whole kingdom. They are easily giving way, as long as the profits are returned and delivered to a random company of the Trump Organization. If it is money laundering or any other operation. As long as the Trump businesses get their cut, they don’t mind, that is what they do.

The White House is for sale, a giant haul sale and the evidence is in every story published, as the days go. I wonder how much does it cost to get them colluding with the Russians? Because surely that had a initial price. Surely, cost more than a box of crisps and a trademark in China. Peace.

President Donald J. Trump letter to Chairman Kim Jong Un cancelling American-Korean Summit in June (24.05.2018)