Thursday, October 12, 2006

NORTH KOREA

Strategy Page has a very interesting article on "China's Moment of Choice." While the article focuses on how Kim Il-Sung's policies are making things difficult for China, I found his comments about the impact on South Korea and the US most interesting. If Kim did attack South Korea, it would have a major economic impact on the US. The reason is that there is extensive South Korean investment in the US--if something happens in South Korea there will be plant closings and other financial ramifcations for Americans. Globalization is a reality.

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