Politics US vs North Korea War: Consequences And Economic Impact Would Be Severe Polina Tikhonova - Aug 10, 2017, 2:50 pm 2 code404 / Pixabay Consequences of U.S. vs North Korea war would be devastating, experts say, with U.S. debt levels likely to skyrocket. The world holds its breath amidst the worst tensions between the U.S. and North Korea,