“North Korea desperately needed the foreign currency which this lethal trade could bring; its role as chief 'rogue' reinforced its prestige among anti-Western states, near and far; and it could also hope at the right moment to extort new instalments of Danegeld from America and her allies.”

—  Margaret Thatcher, book Statecraft: Strategies for a Changing World

Source: Statecraft: Strategies for a Changing World, p. 212

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "North Korea desperately needed the foreign currency which this lethal trade could bring; its role as chief 'rogue' rein…" by Margaret Thatcher?
Margaret Thatcher photo
Margaret Thatcher348
British stateswoman and politician 1925–2013

Related quotes

“Western observers focus more on the regime's economic failures than the North Koreans themselves do. Remember that it was only in recent modern times that Western societies began expecting the state to secure constant economic growth and rising prosperity. Well into the 20th century people expected little more from the state than that it protect them from foreign powers, and expand the influence or territory of the nation. Prussia was remarkably like North Korea in many ways, yet we remember it as a very successful state. If we judge North Korea by its own standards — instead of by the communist standards we hope its people judge it by — we must admit it has performed very well.”

Brian Reynolds Myers (1963) American professor of international studies

2010s, Interview with Joshua Stanton (August 2017)

“North Korea is a unique socialist country in that its ruling ideology is conveyed through what is written about its leaders, not by them, and the message could hardly be simpler. Foreigners bad, Koreans good, Leader best.”

Brian Reynolds Myers (1963) American professor of international studies

2000s, Mother of All Mothers (September 2004)

“North Korea has to inspire its people and so far it's done that.”

Brian Reynolds Myers (1963) American professor of international studies

2010s, Interview with Chad O'Carroll (2012)

“The left wing and the right wing in this country [South Korea] are equally invested in keeping alive the myth of a far-left North Korea. This is what exasperates me. I realize that I'm up against so many different constituencies, each of which has an interest in maintaining the myth of North Korea as a far left state.”

Brian Reynolds Myers (1963) American professor of international studies

2010s, Interview with Chad O'Carroll (2014)

Andrei Lankov photo

“North Korea is a problem, not only because of its fast advancing nuclear and missile program but also because of the sorry state of the country’s economy and its abysmal human rights record. It is a problem for us outsiders, but it is an even greater problem for the North Korean people themselves. As people are fond of saying in such situations that "something has to be done."”

Andrei Lankov (1963) Russian academic

But what exactly? <br class="br"> &quot;How to solve a problem like North Korea?&quot; https://www.nknews.org/2017/07/how-to-solve-a-problem-like-north-korea/ (18 July 2017), NK News

Sung-Yoon Lee photo

“The North Korean state is essentially two things: 1) a large money-laundering concern; 2) the world’s largest prison and slave labor camp. Now, however, it is a large money-laundering concern and prison camp that has additionally extorted its way to nuclear weapons. Any U. S. policy should begin and end with the knowledge of what North Korea really is. It is not a state engaged in the normal give-and-take of diplomacy, seeking "security assurances" in return for "denuclearization" or some other such deal conjured up by diplomats whose experience is in dealing with real countries who negotiate in good faith. Rather, North Korea has had a pretty good run with its current approach of extortion, criminality and the deprivation of its own people.”

Sung-Yoon Lee Korea and East Asia scholar, professor

http://shadow.foreignpolicy.com/posts/2013/02/11/all_you_need_to_know_about_north_korea
North Korea is a nuclear criminal enterprise
Daniel Blumenthal
February 12, 2013
Foreign Policy
USA
February 13, 2013
http://web.archive.org/web/20130708033612/http://shadow.foreignpolicy.com/posts/2013/02/11/all_you_need_to_know_about_north_korea
July 8, 2013
no

“The US owes the world. The US "superpower" cannot even finance its own domestic operations, much less its gratuitous wars except via the kindness of foreigners to lend it money that cannot be repaid.The US will never repay the loans. The American economy has been devastated by offshoring, by foreign competition, and by the importation of foreigners on work visas, while it holds to a free trade ideology that benefits corporate fat cats and shareholders at the expense of American labor. The dollar is failing in its role as reserve currency and will soon be abandoned.When the dollar ceases to be the reserve currency, the US will no longer be able to pay its bills by borrowing more from foreigners.”

Paul Craig Roberts (1939) American economist

"A Bankrupt Superpower," CounterPunch (2008-03-18)

Joseph E. Stiglitz photo

“New technologies (reinforced by new trade rules) are enhancing the market power of incumbent, dominant firms, such as Microsoft, which are all from the developed world; for the first time, in a key global industry, there is a near-global monopolist.”

Joseph E. Stiglitz book Making Globalization Work

§2, p. 58
Making globalization work (2006)

Sung-Yoon Lee photo

“Since the Kim regime is governed by the need to dominate South Korea by threatening the region with nuclear annihilation, its willingness to use its lethal powers will only grow unless it is confronted by the specter of bankruptcy and the consequent destabilization of its rule.”

Sung-Yoon Lee Korea and East Asia scholar, professor

Why Do We Appease North Korea?
https://www.nytimes.com/2017/05/17/opinion/why-do-we-appease-north-korea.html
The New York Times
May 17, 2017
February 2, 2018
https://web.archive.org/web/20180105180511/https://www.nytimes.com/2017/05/17/opinion/why-do-we-appease-north-korea.html
2018-01-05
no

David McNally photo

“The Greek philosopher Plato may have rejected the idea that "might makes right" some 2,500 years ago, but America and its allies today make it the cornerstone of foreign policy.”

David McNally (1953) Canadian political scientist

Source: Another World Is Possible : Globalization and Anti-capitalism (2002), Chapter 4, The Colour Of Money, p. 147

Related topics