According to some right-wing studies, there is speculation that President Obama – in light of falling approval numbers and strain from Israel – may push for war with Iran. Mike Mullen, chairman of the Joint Chiefs of Staff, made a point on “Meet the Press” that the America’s is more than ready to take up arms against Iran. But let’s not get ahead of ourselves. According to Front Page Magazine, war against North Korea is more likely. Businesswise, a New Korean war would hurt both South Korea and also the United States, when North Korea would no doubt be devastated in Stone Age proportions.
A New Korean War in somber tones
North Korea and South Korea have been at each other’s throats over indications of aggression recently – signs which contain the sinking of the South Korean ship Cheonan – and now the Americas is involved in what could conceivably lead to a New Korean War. Kim Jong-il, North Korea’s leader, has boasted of his nation’s readiness to fight, which has given world stock markets reason to hiccup. Jong-il warned of “powerful nuclear deterrence” in a recent broadcast where he said that “We don’t hope for war, but if South Korea, with the United States and Japan on its back, tries to attack us, (we) will finish the task of unification left undone during the…(Korean) war (in 1953)”.
Jong-il has also threatened violent retaliation if additional sanctions are placed on North Korea by the United States and the European Union, a move both nations have seriously considered.
The United States of America will stand by its ally nation of South Korea
UPI reports that a recent Angus Reid Public Opinion survey showed that more than half of Americas adults expect a war between North Korean and South Korea soon. Less than half of those surveyed are against America’s involvement in such a war. The Americas government has backed South Korea, vowing to defend it in any armed conflict with North Korea, so involvement seems definite, should hostilities escalate.
War talk and sad sales
In America, the noise over a New Korean War is financially troubling, says The Detroit Bureau. From an import standpoint, war might be disastrous. The impact on corporations ranging from Hyundai and Daewoo to LG and even Wal-Mart would be tremendous, and not in a good way. 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. Dominoes would continue to fall, and the United States would not stay away from the collision entirely.
America would cry for its South Korean supply
Considering reports that South Korean manufacturers are largely unprepared for the possibility of a New Korean War, shipping lanes would likely be shut down or severely impeded. The North Korean army may not scare South Korea or the Americas, but the destructive potential is nevertheless there for lives and wasted dollars. Experts predict that North Korea will not come out ahead in any New Korean War, but that doesn’t mean that South Korea, Europe and also the United States won’t carry wounds for numerous 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/
