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by ENGNR 435 days ago
The absolute lower bound is probably domestic consumption?

Which is still a huuuuuuuuuuuuge market

1 comments

When the parts can't be imported, then the question is: domestic consumption of what?
Potatoes?
Sure, even in North Korea with "Juche" (1) extreme self-reliance, there is some domestic consumption. Of potatoes, even (2). It's not that domestic consumption will go to zero.

But the point is that domestic consumption is not constant. It can decrease, it can substitute more basic goods. Such as potatoes.

1) https://en.wikipedia.org/wiki/Juche

2) https://en.wikipedia.org/wiki/Potato_production_in_North_Kor...