Subject: Counterpoint: Growth isn’t good for Kim Jong Un
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Mon, 18 Sep 2017 05:02:23 -0400 (EDT)

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}A daily digest of opinions and analysisMaybe the Supreme Leader Should Worry About That Rising GDP Last week, Bloomberg View’s David Volodzko argued that North Korea’s surprisingly strong economy amounted to a “secret weapon” against sanctions. Byung-Yeon Kim, a professor at Seoul National University and author of “Unveiling the North Korean Economy,” disagrees. Yes, he tells Nisid Hajari, the economy is growing — but it’s because North Koreans increasingly rely on markets, not the state, to survive. And that leaves Kim Jong Un more vulnerable than he’d like to admit. China Shouldn’t Let an Economic Opportunity Go to WasteChinese consumer confidence hit a 21-year high in July, which means it’s the perfect time for reform. Really! As low unemployment and rising markets buoy the economy for everyday people, Christopher Balding says the government has a crucial window to fix deeper-rooted problems and long-term risks. An Infrastructure Deal Should Be Easy. It Won’t Be.American roads and bridges need rebuilding. There’s White House and congressional support. Voters love the idea. Every lawmaker can get a bit of pork. And yet — that’s still not enough for Washington. Albert R. Hunt explains why reaching even the simplest infrastructure agreement will be a Herculean feat. Trump Takes a (Calculated) Risk on ImmigrationSome of the president’s supporters were furious about his reversal on DACA last week, but is his base really “blown up, destroyed, irreparable, and disillusioned beyond repair”? Ramesh Ponnuru has his doubts: Republicans in general don’t object to the move, and Trump's fans may not care about Steve Bannon’s opinion as much as Bannon believes they do. Before it’s here, it’s on the Bloomberg Terminal. Find out how the Terminal delivers information and analysis that financial professionals can’t find anywhere else. Learn more.Ritholtz’s ReadsRT, Sputnik and Russia’s new theory of war (New York Times)For a better life, be the 1 percent in something, anything (Financial Samurai)One house, 22 floods: Repeated claims drain federal insurance program (Wall Street Journal)(Read Barry Ritholtz’s full daily news roundup here.) Bloomberg L.P. ● 731 Lexington Avenue, New York, NY 10022Web ● Facebook ● TwitterFeedback ● Unsubscribe

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