Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Friday Stock Market CRASH Following Israel Attack on Iranian Nuclear Facilities - 19th Apr 24
All Measures to Combat Global Warming Are Smoke and Mirrors! - 18th Apr 24
Cisco Then vs. Nvidia Now - 18th Apr 24
Is the Biden Administration Trying To Destroy the Dollar? - 18th Apr 24
S&P Stock Market Trend Forecast to Dec 2024 - 16th Apr 24
No Deposit Bonuses: Boost Your Finances - 16th Apr 24
Global Warming ClImate Change Mega Death Trend - 8th Apr 24
Gold Is Rallying Again, But Silver Could Get REALLY Interesting - 8th Apr 24
Media Elite Belittle Inflation Struggles of Ordinary Americans - 8th Apr 24
Profit from the Roaring AI 2020's Tech Stocks Economic Boom - 8th Apr 24
Stock Market Election Year Five Nights at Freddy's - 7th Apr 24
It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- 7th Apr 24
AI Revolution and NVDA: Why Tough Going May Be Ahead - 7th Apr 24
Hidden cost of US homeownership just saw its biggest spike in 5 years - 7th Apr 24
What Happens To Gold Price If The Fed Doesn’t Cut Rates? - 7th Apr 24
The Fed is becoming increasingly divided on interest rates - 7th Apr 24
The Evils of Paper Money Have no End - 7th Apr 24
Stock Market Presidential Election Cycle Seasonal Trend Analysis - 3rd Apr 24
Stock Market Presidential Election Cycle Seasonal Trend - 2nd Apr 24
Dow Stock Market Annual Percent Change Analysis 2024 - 2nd Apr 24
Bitcoin S&P Pattern - 31st Mar 24
S&P Stock Market Correlating Seasonal Swings - 31st Mar 24
S&P SEASONAL ANALYSIS - 31st Mar 24
Here's a Dirty Little Secret: Federal Reserve Monetary Policy Is Still Loose - 31st Mar 24
Tandem Chairman Paul Pester on Fintech, AI, and the Future of Banking in the UK - 31st Mar 24
Stock Market Volatility (VIX) - 25th Mar 24
Stock Market Investor Sentiment - 25th Mar 24
The Federal Reserve Didn't Do Anything But It Had Plenty to Say - 25th Mar 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

US Attack on North Korea Is Imminent

Politics / North Korea May 23, 2017 - 06:38 PM GMT

By: John_Mauldin

Politics

George Friedman: The US is preparing to attack North Korea, according to Geopolitical Futures founder George Friedman—setting the stage for a difficult, messy war with potentially catastrophic consequences.

Speaking Monday to a rapt audience at the 2017 Strategic Investment Conference in Orlando, Friedman said that while it is unlikely the US will take action before President Trump returns home at the weekend, North Korea’s actions appear to have “offered the US no alternative” to a clash.


According to Geopolitical Futures analysis, evidence is mounting that the enmity between the two is escalating to a point where war is inevitable.

Friedman revealed that on May 20, the USS Carl Vinson supercarrier was joined off the Korean peninsula by the USS Ronald Reagan.

Additionally, more than 100 F16 aircraft are conducting daily exercises in the area, a tactic which foreshadowed the beginning of Desert Storm in 1991.

F35 aircraft have also been deployed to the area, and US government representatives will be briefing Guam on civil defense, terrorism, and Korea on May 31.

All of these strategic moves telegraph one outcome—conflict.

Friedman’s decision to make public his focus on North Korea comes days after the secretive state’s latest ballistic missile launch. The UN Security Council condemned its “highly destabilizing behavior and flagrant and provocative defiance” of the organization.

Seoul in the Cross-Hairs

Problems with any conflict are myriad. The 25 million people of the Seoul metropolitan area lie in reach of what Friedman called a “stunning mass of [North Korean] artillery.” Any strike on North Korea would likely result in a retributive attack on Seoul.

“We cannot afford the kind of casualties this will create,” Friedman warned, adding that the US needs to neutralize the artillery by strategic bombardment.

A second problem for the US is that any conflict will necessarily rely on imperfect intelligence, and the impact of incorrect information could take a devastating human toll.

Friedman also called attention to Andersen Air Force Base in Guam, noting that a North Korean attack on the base is Kim Jong-un’s only chance at delaying the war.

Pointedly branding the North Korean elites “neither crazy nor stupid,” Friedman said they have “homicidal, but not suicidal tendencies.” “We are facing a war that is not simple,” he said, adding that Russia and China are both washing their hands of the matter.

An Undeclared War?

In off-the-cuff remarks following his speech at the SIC 2017, Friedman said a conflict would mark the beginning of another undeclared war.

“We have not declared war on a country since World War II, a terrible mistake morally and constitutionally, but also practically,” he said. “Getting congress to declare war binds both sides together and puts responsibility on all.”

Nonetheless, he said, North Korea is America’s problem to bear.

“This is how it’s going to be for America over the next decade because we are the major global power and that power is of the sort that doesn’t disappear very quickly,” he said. “We are the only country in the world with a global military capability.”

“There is no other power that can conceivably—and I include the Chinese in this—take effective military action against the North Koreans to stop a nuclear program,” he continued. “That means it’s either the US [takes action], or North Korea has a nuclear weapon.”

Systemic War Will Come to the 21st Century

Rumors of the demise of America’s hegemonic status are greatly exaggerated, according to Friedman. A consequence of its unparalleled power is that it will continue to “be involved in all sorts of miserable wars every 5–10 years. It’s partly because no one else wants to do it and partly because we can afford to and partly because of long-term threats.”

As for the remainder of the 21st century, Friedman was pragmatic. “Every century has its systemic wars,” he said. “The odds that the 21st century will be the first not to have it are slim to none.”

For the foreseeable future, it seems, the US’ reluctant sheriff’s hat will remain in place.

Get Live Updates from the Sold-Out 2017 Strategic Investment Conference

Don’t miss out as some of the world’s leading asset managers, geopolitical experts, and Federal Reserve insiders, including John Mauldin, George Friedman and Ian Bremmer, discuss how to assemble a winning portfolio for the Paradigm Shifts now destabilizing the world. Click here to tune in.

John Mauldin Archive

© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in