The Market Ticker
Commentary on The Capital Markets- Category [International]

Put aside that North Korea is a nasty dictatorship with an economy that is essentially in perpetual collapse as a consequence of its form of government, while just a few miles south sits a thriving economic landscape -- and a much more-open society.

Ask yourself this: By what process does the United States, or any other nation, claim the right to demand that a particular nation-state possess (or not possess) a certain form of weapon?

Think long and hard on this one folks, because you're not going to like where it goes.  You see, if one nation (or group of nations) can tell another what weapons it may possess (or not) and attempt to enforce that with, in the extreme case, acts of war then that same nation, or any other nation may turn that same compulsion upon not only us but on the citizens of a given nation.

If you want to know how the UN gets to the position of "authority" where it can void our second amendment and force you to turn over each and every firearm you own you just found the process by which it can happen.

Note that nowhere are we talking about the use of various weapons.  The remedy for such a thing already exists in foreign policy, and it's state-sanctioned violence, otherwise known as "war."  The threat of immediate annihilation should a "someone" fire a nuclear weapon has prevented their use for roughly 70 years.

There remains a serious risk when it comes to non-state actors (e.g. terrorists); they not only may be indifferent to a retaliatory strike part of their intent in the use of such a weapon could be to cause one!  But for state actors the mostly-unspoken threat that should you use such a weapon on an "enemy" you will have your population centers reduced to smoking rubble in minutes along with everything that can be targeted militarily and politically has proved through time to be potent enough to keep the missile silo doors nailed shut.

That's not to say that the this will always be true, or that a madman might not launch despite knowledge of certain destruction of his or her nation in retaliation.  That might happen.  But thus far it hasn't.

There's a distinct difference between refusal to trade (e.g. sanctions) with someone, which is any nation's right, including in concert (just as you have a right to organize a boycott) and military or covert but offensive action and we should be quite clear where that line is.  Likewise, putting missile defense systems in place is arguably a damn good idea -- especially kinetic-style units such as the THAAD, as they have no feasible offensive purpose.  Such units are akin to putting on body armor commensurate with the expected threat profile of an adversaries with firearms -- the armor itself cannot be used as an offensive weapon, it is not perfect and might fail to stop the threat, but its presence serves as a strong deterrent against an offensive act since even a madman does not relish the idea of firing his weapon(s), have that provoke an immediate retaliatory strike he knows will come and then watch his attack fail anyway.

Something to think about....

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