You are not signed on; if you are a visitor please register for a free account!
|The Market Ticker Single Post Display (Show in context)||
User: Not logged on
|User Info||Handicapping The Norks; entered at 2017-08-11 14:50:14|
The time to deal with NK was ~25 years ago and that is long past. Once NK got the bomb they became a tough nut to crack because they can always nuke an invading army and call it justified and/or Seoul is just too close to the border.|
Like you state above, if you wait it out that has a respectable chance of them executing a first attack successfully and that is just not acceptable. On the other hand, attacking first has its own set of problems including what do the Chinese do in response. It really seems to me like everyone is handcuffed expect for NK who really seems to not give a ****. Caring what happens to your country can definitely be used against you I guess.
Let me throw out a few thoughts relative to what Bjonnson touched on above.
1. I tell my students "income is iffy but debts are for sure". Meaning that you might or might not be able to generate income and receive it but, if you owe someone money it is certain that they want it.
2. The global supply-chain, JIT machine runs through SK in a million ways. If that is disrupted in a meaningful way the flow of finished goods grinds to a halt.
3. Leverage. (Hey, that would make a great title for a book.) The "civilized world" is in hock up to its eyeballs. A disruption in the flow of goods which in turn generates the cash-flow necessary to keep the party going cannot be withstood. If the goods stop flowing the party is over.
So now, what the F do you do re NK?
It may actually come to the point where you have to do the following. Redefine what wining means and then go to it.