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Three Dangerous Delusions About Korea

Three Dangerous Delusions About Korea

Authored by James George Jatras via The Strategic Culture Foundation,

They say that most of the world’s real dangers arise not because of what people don’t know but because of what they do 'know' that just ain’t so.

As a case in point, consider three things about Korea that the bipartisan Washington establishment seems quite sure of but are far removed from reality:

Delusion 1: All options, including U.S. military force, are «on the table.»

Bitcoin Surges Above $3000 As Asian Premium Collapses

Bitcoin Surges Above $3000 As Asian Premium Collapses

Bitcoin prices (in dollars) have surged above $3000 for the first time in history this morning as CoinTelegraph reports that South Korea and Japan, the third and fourth largest Bitcoin exchange markets, are no longer showing Bitcoin price premiums.

Source: BitcoinWisdom.com

Having reached over KRW4 million in late May (well north of $3600 when Bitcoin in dollars was trading at around $2400), the premium for Bitcoin in Korea (via Korbit) has collapsed to zero...

Source: Korbit

Dollar, Yields, Futures Under Pressure Following Weak US Data; Europe Closed

Dollar, Yields, Futures Under Pressure Following Weak US Data; Europe Closed

Following Sunday night's resumption of trade after a three-day weekend, which saw sharp moves lower in US yields, the dollar and the USDJPY after Friday's disappointing CPI and retail sales data and the weekend's North Korea jitters, the mood has stabilized in light trading with Asian stocks advancing, Europe mostly closed for Easter Monday and S&P futures fractionally lower at 2,325 in early New York trading.

Krunch Time for Korean Krackpot Despot, Kim Jong-Un: Missile Crisis Countdown Has Begun

Krunch Time for Korean Krackpot Despot, Kim Jong-Un: Missile Crisis Countdown Has Begun

The following article by David Haggith was first published on The Great Recession Blog:

The Korean missile crisis has never been hotter. Trump is turning the screws on everyone to force action. China, Japan, and South Korea join in threatening Kim Jong-un with imminent war, but North Korea’s crackpot despot isn’t backing down.

Is A Korean Missile Crisis Ahead?

Authored by Patrick Buchanan via Buchanan.org,

To back up Defense Secretary “Mad Dog” Mattis’ warning last month, that the U.S. “remains steadfast in its commitment” to its allies, President Donald Trump is sending B-1 and B-52 bombers to Korea.

Some 300,000 South Korean and 15,000 U.S. troops have begun their annual Foal Eagle joint war exercises that run through April.