That being said, the New York Times postulates that the uncertainty in the Korean peninsula is not particularly so. Kim Jong Il is an unwell man, but the Korean memory is a long one, and avoiding military conflict is likely to be the ultimate goal here. Kim is the crack baby misbehaving for attention.
So, between the Event Risk and uncertainty of the professionals in the face of it, and the (potentially totally wrong) prediction that the market will continue to roll downward, and the overall terrific environment South Korea has been and will continue to be as its vast rural population enters the modern world, I think we should be on the lookout of Korean opportunity.
Is this a fair follow-up to BQ's first post on Korea?