The right sees Obama’s falling numbers and Israeli strain as signs that war with Iran is imminent. Chairman of the Joint Chiefs of Staff Mike Mullen went on record with “Meet the Press” that America is ready to infiltration Iran. But let’s not get ahead of ourselves. Front Page Magazine reports that North Korea may be the next dance partner in horrific war. Not only would this be devastating in terms of lost lives, but it would be deadly for production and the world imports market.
A New Korean War in somber tones
North Korea and South Korea have been at each other’s throats over indications of aggression lately – indications which consist of the sinking of the South Korean ship Cheonan – and now the Americas is involved in what could conceivably lead to a New Korean War. North Korean leader Kim Jong-il says his country is ready to fight, which has caused global stocks to plummet. In a recent military broadcast, Jong-il stated that “We don’t hope for war, but if South Korea, with the United States and Japan on its back, tries to us, (we) will finish the task of unification left undone during the…(Korean) war (in 1953)”.
Sanctions from the U.S. or the European Union over the Cheonan disaster will also spark violent retaliation, warns Jong-il.
The U.S. will protect its ally
UPI indicates that half of U.S. adults surveyed by the Angus Reid Public Opinion group believe that a New Korean war is inevitable. Among those respondents, less than half are against the Americas getting directly involved in a North-South Korean conflict. The U.S. would almost certainly be involved if war were to occur on the Korean peninsula, as Secretary of State Hillary Clinton has pledged on numerous occasions following the Cheonan event the United States will protect their South Korean ally within the event of hostilities.
Boasts of war, busts of business
In America, the noise over a New Korean War is financially troubling, says The Detroit Bureau. From an import standpoint, war might be disastrous. Hyundai, Daewoo, LG, Wal-Mart, Best Buy and a host of other big-box retailers would be severely impacted. South Korea would experience economic hard times as their import routes are constricted by war, and even China would feel the pinch as they deal with refugees flooding their borders with the Koreas. Eventually the United States would feel economic hardship in a chain of events related to our ever-cheaper, ever-faster consumer world.
America wants South Korean products
South Korean companies have not prepared to date for what they’d do during a New Korean War according to various sources, so the flow of world commerce would surely be disrupted. Even with the North Korean military reportedly in shambles – although accurate info on such topics is difficult to determine with certainty – the impact of violent conflict would be felt. Experts predict that North Korea will not come out ahead in any New Korean War, but that does not mean that South Korea, Europe and the United States won’t carry wounds for many years to come.
Further reading
Associated Press
newser.com/article/d9h5b3183/north-korea-threatens-nuclear-retaliation-to-us-south-korea-military-exercises.html
The Detroit Bureau
thedetroitbureau.com/2010/05/how-a-new-korean-war-would-affect-u-s-business/
Front Page Magazine
frontpagemag.com/2010/05/26/the-new-korean-war/
Real Clear Politics
realclearpolitics.com/articles/2010/08/04/iran_war_option_on_the_table_106598.html
UPI
upi.com/Top_News/US/2010/06/03/US-adults-expect-new-Korean-war/UPI-27261275605162/
