How to Structure a Deal With North Korea
One of the most useful things I learned in business school was that you can usually make a deal whenever the parties involved don’t want full control of the same limited resources. That’s why a peace deal in Israel is impossible – because both sides want the same land. But that’s a rare situation (fortunately).
The more normal situation is the one we see with North Korea and the United States. The United States doesn’t want the same limited resource that North Korea wants. And China has their own interests. That kind of situation almost always means you can reach a deal if you look hard enough.
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