5 February 2010
I’ve mostly ignored the speculation that the Koreas will hold a summit because I think the chances of it actually happening are still pretty vaporous. One thing I will observe is that South Korea is saying that it won’t reward North Korea just for showing up, but I don’t see any chance that Kim Jong Il would attend without a payoff. Really, I think Kim Jong Il’s dispositive motivation is that payoff, while Lee’s is to look like he’s open...