I’ve been watching North Korea for years now, but the recent bellicosity and downright threats of nuclear war are something on a higher level than in the last few years. Pundits who think this is just typical talk to negotiate for more from the West, i.e., more food, are wrong. The new leader, Kim jong-Un, is about 28 years old, and, as pointed out by K.T. McFarland on the Neal Cavuto show today, all the leadership in the area are new – S. Korea, Japan, China, U.S. Secretary of State and Secretary of Defense. It would be very easy for something to go terribly wrong by a careless hand.
My thought this a.m. was what would happen if N. Korea did start a war? We would of necessity be involved as we have 30,000 soldiers on the border between N. and S. Korea and we have agreements with S. Korea and Japan to defend them in case of an attack. We’ve been cutting our military budgets down. So, where would we get the money to pay for a war? Currently, China has been financing our $16 Trillion debt. China has always kept the lid on North Korea through major subsidies. China and Russia have been negotiating deals with one another recently and all three countries are very much involved in the chaos in Syria, Iran, and the Middle East. China has been pushing for replacing the U.S. Dollar as the reserve currency. So, why would it be in China’s best interests to help us finance another war? A war on her front door? Things could get hot very fast.