Kim declares war … Is this a playground dare?

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“North Korea has a long history of bellicose rhetoric and threats and today’s announcement follows that familiar pattern,” Caitlin Hayden, a spokeswoman for National Security Council (which advises the U.S. president on matters of war), told CNN late Saturday

“We have no indications at this point that it’s anything more than warmongering rhetoric,” an unnamed senior Washington defense official told CNN.

Asianmacro had been to the DMZ on the South Korean side before and also had the experience of going into a few of those tunnels dug by the North Koreans that were only discovered in the early 2000s.  These tunnels culminated at cave-ins somewhere underneath the DMZ when pursuing South Korea / U.S. troops who chanced upon the North Korean infiltrators blew up and sealed the tunnels at that point.  I am sure that there must be other tunnels that have not been discovered yet.  And if you are a ROK (Republic of Korea) or U.S. soldier posted to the DMZ and serving as the first line of defense against any North Korea attack, the tension is and will always be as real as it gets. Skirmishes, patrol ambushes, artillery and mortar exchanges with sniper fire are all real and casualties have been taken by both sides and may not always be reported.

Asianmacro wishes you a Happy and peaceful Easter but it is always safer to assume the worst as the peace is fragile over the DMZ.

*Asianmacro is a beach bum managing his own wealth.  Besides deciding what to have for lunch (or hitting the gym sometimes), he is mostly found listening to loud music while trading and investing for himself.  While every care has been taken in preparing the information in and/or materials, such information and materials are provided “as is” without warranty of any kind, either express or  implied. In particular, no warranty regarding accuracy or fitness for a purpose is given in connection with such information and materials. The opinions expressed do not constitute investment advice and independent advice should be sought where appropriate. In no event will Asianmacro be liable to you for any direct or indirect or any other damages of any kind arising from or in connection with your reliance on any information in and/or materials attached herewith.  Asianmacro may already have or intend to have a trading or investment position in the financial instruments or products referred to in this communication.  This is not intended as an offer or solicitation for the purchase or sale of any financial instrument and Asianmacro may also have interests different from or adverse to your interests.