-
-
Re: Video shows North Korea on the verge of collapse?
This video is total B.S.
The Telegraph's sensationalist style seems more like a Fox News wannabe for the print media than a credible news provider. While North Korea's nuisance value remains laughable; the economic mess of a potential fallout is what the so called creditor nations (Asian Tigers) must factor in & fear the most.
Adlai Stevenson said "There is no country more dangerous than one that is completely broke" -
Re: Video shows North Korea on the verge of collapse?
Originally posted by nayyar24 View Post
Before any major war occurs, China may put a more cooperative person into power. Kim's oldest son is a good candidate.
http://www.spacedaily.com/reports/Ch...eport_999.html
China protected Kim's oldest son over attack plot: report
by Staff Writers
Seoul (AFP) Oct 13, 2010
Aides to the youngest son and heir apparent of North Korean leader Kim Jong-Il planned an attack last year on Kim's oldest son but were warned off by China, a report said Wednesday.Last edited by touchring; December 24, 2010, 04:53 AM.Comment
-
Re: Video shows North Korea on the verge of collapse?
Yes indeed. If we want real "news" we should look to CNBC and the other Sages of the Left.Originally posted by nayyar24 View PostComment
-
Re: Video shows North Korea on the verge of collapse?
Kim's young crown prince should lose some weight. It's not a great idea to look so pudgy when your the leader of a starving country. It might irritate the peasants.Comment
-
Re: Video shows North Korea on the verge of collapse?
Originally posted by BigBagel View Post
In the Renaissance period, pudgy people are considered attractive. You will notice that almost all Renaissance paintings depict pudgy pple, especially for the women.
Similar to the Renaissance, in North Korea, there are no family cars, not even bicycles, everyone walks 5-10 miles a day.Comment
-
Re: Video shows North Korea on the verge of collapse?
I don't know if that's the intention of nayyar24, but I know that no "mainstream" news source is high in quality. Investigative reporting and facts-based reporting seem to only exist in the non-journalism realm--blogging.Originally posted by Raz View PostComment
-
Re: Video shows North Korea on the verge of collapse?
Within mainstream news, there exists a quality scale which generally varies across countries.
http://en.wikipedia.org/wiki/Press_Freedom_Index
Unless you live in a country that actively censors news, you don't really know real censorship.Comment
-
Re: Video shows North Korea on the verge of collapse?
Personally, I don't see North Korea collapsing in the short-to-medium term.
The reasons for this are:
It is in NO ONES best interest for North Korea to collapse....bar the North Korean people, but they don't get a vote/voice in the decision.
China doesn't want a failed state on it's border with millions of North Koreans desperate to flee the extreme poverty and extend China's own looming domestic employment and security problems.
South Korea doesn't want to pay for it......how much treasure has it cost Germany to move East Germany up from a 2nd world level to a poor 1st, wealthy 2nd/ world level 20+ years onward with the job perpetually incomplete? Multiply that by 10 and you MIGHT see North Korea match Albania 2010 by 2050.
US/Japan don't want the security/economic cost associated with the conflict/cleanup that would be measured in the trillions.
The rest of the world doesn't want the economic disruption a conflict/collapse on the Korean Peninsula would entail.
North Korea is a geopolitical "extend and pretend" that has existed since the early 1990's.
It's extortion and bribery much like the Sopranos, but they now have nuclear weapons and a sovereign state...and their understand the global economic environment is quite fragile....so their threat to pee in the punchbowl so to speak is potentially quite damaging...albeit with a "suicide by cop" endstate.
This is the part that is probably underanalysed.......if the US and the rest of the wealthy west were NOT in such a dire economic/financial state the leverage North Korea(and other problem states) has over us would be considerably less.
This is the part that should be receiving better coverage(but obviously will not), and why I think a valid argument could be made that the FIRE special interests have damaged our national security by so seriously damaging our economy to the point of sedition/treason. We are more vulnerable(if not physically, then economically, financially, politically) to geopolitical extortion from the likes of North Korea.
Just my 0.02cComment
-
Re: Video shows North Korea on the verge of collapse?
Originally posted by lakedaemonian View Post
This is the conventional thinking, but have you watched the "Unthinkable"?Comment
-
Re: Video shows North Korea on the verge of collapse?
It's extortion and bribery much like the Sopranos, but they now have nuclear weapons and a sovereign state...and their understand the global economic environment is quite fragile....so their threat to pee in the punchbowl so to speak is potentially quite damaging...albeit with a "suicide by cop" endstate.
Well, they don't need to do that for much longer once they got the nukes ready for exports.Comment
For a concise, readable summary of iTulip concepts developed over the past 16 years and a vision of a challenging next decade and how to navigate it, read Eric Janszen's book "Post Catastrophe Economy".
Join the discussion of today's events with a wide range of professionals with an interest in economics and finance. Register to join our 50,000 plus member registered community from 78 countries today.
Subscribe to iTulip Select for access to the longest running, deep, accurate, and unvarnished macro economic trends analysis and forecasting available, since 1998.
- If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.
Working...
Tweet
Comment