North Korea warns about nuclear testing


This article shows us that the guys in Pyongyang do have some issues when the world turns its attention away from them.

So, now we have another sociopathic dictator who wants to feel important. Only, the backstory which the mainstream media seems to be missing is that China holds most of our US government debt. If we don’t figure out financially how to put our house in order so they continue lending us money, we might not be able to get money from them to finance US government borrowing.

Where it gets dicey, is if China is going to apply pressure to North Korea for us, they might exact some concessions from us in our financing, interest rates, or something else.

On the other hand, we could tell Japan to go and arm itself (in the nuclear sense) and that might give China enough incentive to change their thinking on North Korea. But, time will tell how this one shakes out.

Advertisements

2 Responses

  1. I am so glad that I was directed to your site by a friend. You have a lot of good stuff here. I will definitely be back.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: