Wednesday, August 9, 2017

NORTH KOREA

August 9, 2017

One thing Trump has done that no other President has done before is to get China and Russia to impose economic sanctions against North Korea.  But on the other hand Congress needs Russia to also tighten the screws on North Korea.   As I reported before China has quietly moved massive amount of troops and equipment near its border and is doing war games.   Russia is doing the same on the other side of the Korean peninsula.  Despite all the rhetoric China and Russia don't want to push the button against North Korea.
     Now economic sanctions will not work against a little crazy man.   Sanctions have never worked,  it only brings on a Us vs Them mentality.  Has sanctions worked against Iran or Russia no.   If anything the black market and currency traders and the elite in those countries get richer and the middle class and poor get poorer.   I would also argue that the sustained price drop in the oil price has been more effective than sanctions against any country with a dictator because most of them are oil exporter countries and need the revenue to sustain itself an expand it military prowess.   In Russia's case they have massive amounts currencies in multiple asset classes and trade partners to offset any US sanctions.  The intended target gets stronger,  case in point the parable of the strong man comes into affect.  What about the European trade partners whose economies are effected when at a time they are about to fold into full scale depression.
    In the mean time little man secretly has submarines doing launch testing within United States range with nukes on board ready to strike.  That little man wants to go out in a blaze,  so he will launch into United States,  Russia and China.  Beware next 30 days. Will we really be able to detect and counteract missile launches against us. Congress is being silly because Hillary lost.

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