key objectives. You tell me – what can the USS Carl Vinson carrier strike group deploy against these well hidden and dispersed 10’000+ artillery pieces and 200,000 special forces? Exactly, nothing at all.
Clearly that’s a very unsettling prospect for South Korea. Just imagine a favorite major city of yours with a completely unstable leader within artillery range just to its immediate north. It’s a frightening prospect.
Again, I cannot find a single credible reason for Why now?. And so, we have to simply speculate.
Possible reasons range from an itchy military industrial complex that is disappointed that it cannot seem to goad the US into war with Russia and North Korea just happened to be next on the list, to the idea that Trump is really seeking trade deal concessions from South Korea and is using the North Korean situation as leverage.
The latter is not out of the realm of the possible, with Trump having said he wants South Korea to pay for the THAAD system being installed and that he wants to renegotiate our balance of trade with them, too.
Who says stuff like that at a time when war might break out? Someone who doesn’t really appreciate the gravity of the situation, I’d suggest. I mean, if it’s a negotiating tactic, it’s one that could end up with a lot of people losing their lives and a ruined economy. If it’s a negotiating tactic stapled to a crisis, it’s still an odd thing.
Tensions with North Korea are about as tight as can be right now. And the wild card is the apparent instability of Kin Jong Un. Who knows what he might do?
Any equally-perplexing mystery, which for now I’ll have to file under “central banks control the markets” is why the KOSPI (South Korea’s stock index) is up so much on the outbreak of these very serious tensions?
Either the central banks are propping it up here to keep the masses calm, or the central banks are to blame for pouring so much liquidity into world markets that even the risk of obliteration is insufficient cause for a stock market to go down. So take your pick: either it’s a controlled market or it’s a sign of just how outrageous the bubble mentality across the world has become.
One feature of bubbles is the inability to entertain the idea of an asset ever going down in price. So they go up; news and data be damned.
I just find it extremely strange that the South Korean stock index is powering higher through all of these tensions. It’s very, very strange. Stocks are not supposed to like uncertainty. The post-French election stock buying spree was explained on that very basis: the French elections removed uncertainty and therefore stocks went up.
But now we’re being forced to accept how stocks are going up as uncertainty increases.
Since it really makes no sense, other ‘reasons’ are being given. But it’s just too strange for the rational mind to believe them. It’s just not normal; and therefore we don’t live in a normal world anymore.
If a full shooting war breaks out with North Korea, there will be massive casualties on all sides. To think that peace depends on Trump negotiating with Kim Jong Un is a particularly comic-book-worthy plot line. It seems absurd. But here we are.
If you live in Seoul, you should consider getting out for a while. Take a vacation, or work remotely, and bring your family. Just for a while — maybe a couple of weeks.
If you can’t do that, then be sure all of your loved ones know the rally points and basement shelters that apply. Review your basic contingency plans and then hope that they won’t be required.
Remember, any outbreak of war is going to be a very bad thing for the globe at this particular moment in history. Debt levels are stretched to the limit, GDP is weak, and it won’t take much to upset the economic and financial market apple carts.
For everyone else, read our report How To Prepare For War that was prepared for the possibility of a war with Russia.
It’s not a pleasant topic, nor one I like to keep raising. But there’s a crew in charge in DC that is intent on starting wars, and they are not about to stop now. I believe they span administrations and they are very influential.
I also happen to believe that they will eventually pick a fight we all regret very much.
So be prepared.