Monday , December 23 2024
Home / Mike Norman Economics / Pepe Escobar – How the DPRK Riddle is Freaking out the US Establishment

Pepe Escobar – How the DPRK Riddle is Freaking out the US Establishment

Summary:
North Korea may be a small nation that has a few crude nukes compared to the US but behind the scenes Washington fears that NK could fire a few nuclear warheads over the US and take out its entire electronic infrastructure leading to a nightmare catastrophic.  It seems that the US will have to find a peaceful solution.  The number one concern is about “the present satellite and missile capacity of North Korea to detonate nuclear bombs over the US knocking out the entire electronic infrastructure through a electromagnetic impulse (EMP) attack liquidating 90% of the American population within a year. This concurs with public statements by Putin that tiny countries in the future can obtain the capacity to destroy superpowers.”  Putin’s comment should be interpreted as this possible DPRK

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Lars Pålsson Syll writes Andreas Cervenka och den svenska bostadsbubblan

Mike Norman writes Trade deficit

Merijn T. Knibbe writes Christmas thoughts about counting the dead in zones of armed conflict.

Lars Pålsson Syll writes Debunking the balanced budget superstition

North Korea may be a small nation that has a few crude nukes compared to the US but behind the scenes Washington fears that NK could fire a few nuclear warheads over the US and take out its entire electronic infrastructure leading to a nightmare catastrophic.  It seems that the US will have to find a peaceful solution. 

The number one concern is about “the present satellite and missile capacity of North Korea to detonate nuclear bombs over the US knocking out the entire electronic infrastructure through a electromagnetic impulse (EMP) attack liquidating 90% of the American population within a year. This concurs with public statements by Putin that tiny countries in the future can obtain the capacity to destroy superpowers.” 
Putin’s comment should be interpreted as this possible DPRK threat being capable of affecting a very advanced nation much more than those in the Global South; a completely different dimension compared to the former MAD concept of mutually assured (nuclear) destruction. 
In his own presentation to Trump, Mattis emphasized the EMP “as a potential horror beyond imagination. Within 24 hours Walmart shelves would have nothing on them.  Food distribution would grind to a halt. Food riots all over the US would take place. 80% of the population would perish according to Mattis.”
Pepe Escobar - How the DPRK Riddle is Freaking out the US Establishment

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *