A division of Soft Landing Korea Ltd.
With declining permanent employment opportunities, Japan witnessed the displacement and alienation of a whole generation of young people. Korea and other developed economies may learn this and a few other lessons from Japan.
The six party talks to negotiate N Korea's relinquishing of nuclear weapons is a waste of time, given Pyongyang's paranoia for survival. Better to move on and see if a comprehensive peace treaty may be possible, including recognition of S Korea. If not, a new order for dealing with N Korea's isolation may be inevitable.
The American economy is facing a crisis that has its origins in the Seven Sharks of existing conditions, many of whom are present in Korea. The divisive nature of American red-blue politics calls out for the need for moderation. How well America it handles this problem will have a major impact on its future relations with Korea.
Public relations is becoming increasingly critical and complicated as young Koreans rely increasingly on non-traditional sources of information - often making noncritical judgments based on rumors and falsehoods found on the Internet and in SMS messages. Businesses need to take preemptive measures as well understand what to do should their company names become used by radical political activists.