Dear Kim … Please don’t Nuke the markets!
Asianmacro relish holidays when most/all markets that matter are closed (with the exception of Japan) like today, Good Friday. And North Korea has to remind the world that they don’t celebrate Christmas much less Good Friday when the North Korean state media issued two photos today that, either by accident or design, appeared to show plans for striking the US mainland, as well as details of the North’s military strength. Long range missiles are prepped and ready as well http://www.nytimes.com/2013/03/30/world/asia/kim-jong-un-of-north-korea-orders-missile-readiness.html.
This must be a master-stroke by the young Kim as he has so much to gain and so little to lose by this further posturing on his part. Does anybody in the free world (including China and Russia, the ex-communist bloc who are all capitalism driven and any vestiges of Marxism or Maoism is a historical legacy for show more than anything else); think that we will once again send troops in harm’s way and muddy not only those soldiers’ boots but the politicians’ prospects in sitting comfortably in their elected offices? Of course not, and the last thing anybody want is to fire a bullet to burst the nice stock market rally, with S&P500 recapturing 2007 highs!
While it is probably not possible for the North Koreans to perfect their delivery of a nuclear warhead strapped to their long range missiles yet, it is probably not too challenging for a conventional warhead or something loaded with nasty biological agents. Who do you think supplied those biological weapons to Iraq’s Saddam Hussein, in those Iran – Iraq war or maybe they were actually selling to both sides!
Suddenly, Long Beach, California don’t seem that safe as before when Dear Kim junior starts doodling and circling it on his map! Hold your breath, just like how Cyprus came totally unexpected from the left field and, …, this North Korean drama can certain throw more nasty surprises from the right field!
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