Thursday, March 28, 2013

North Korean END GAME? - NK Crisis

CNN - North Korea: Reports the following from North Korea, " .. Pyongyang vowed to shut down a key military hotline with South Korea. ".

Lets Get Real: 

Thus folks the rhetoric from North Korea has gone HOTTER and HOTTER and nothing, no attacks on South Korean Islands, or attacks on South Korean Naval vessels, not another nuclear test, no actual targeting of Japan or US Military bases, so what is the point you have to ask folks.    The linked article has an interesting answer, its to build support for the new leader, Kim Jong Un, the question that it raises, is the new leader so weak and under threat that he has nearly taken North Korea over a cliff or has Pyongyang miss read the Oval.    President Obama can not afford to be seen as weak when it comes to NK, he has to worry about Iran, any weakness from the Oval and Iran will see it as a green light to go nuclear, also Israel will have seen the Obama weakness over Syria, and will be worried that when it comes down to it the Oval will allow a nuclear armed Iran, in other words folks Obama has to be tough about NK even if leads to War.   That is what weakness gets you folks, the North Koreans, Syrians, and Iran see Obama as weak, what ever you think about Bush 43, he was not seen as weak, a Cowboy yes, but not weak.   Thus the Oval is facing the consequences of its weakens in the 1st term, its going to get hotter folks, neither side can afford to lose. 

The Money of Cyprus - Cyprus Crisis 2


Lets Get Real:

The dirty secret of the EU is out folks, the template for future bailouts will be for the savers in EU banks with over a 100k to lose up 40% of their savings, no matter if your Russian or not, or a small business.   An interesting BBC 2 Newsnight report on Cyprus showed how small business in Cyprus will be hurt, as the Bank is the common link between customers to a business buying products for its business, if the transaction is over a 100k it could be hit with the 40% tax, thus everyone in the lines gets hit, the idea that this will stay in Cyprus is a MAD view of the global economy, somewhere folks the Cyprus link will have consequences outside the Cyprus and it will hurt the global economy, its a GLOBAL economy folks, the idea that you can collapse the banking system of Cyprus and for not results outside Cyprus shows a real lack of understanding how the everything is connected.   The Banks in Cyprus bought a lot of Greek bonds, with the haircut they lost millions, even billions, did the banks in Cyprus insure their bonds against this, and those that have Cyprus bonds will be looking to get some money back or to get rid of them, then they will have insurance, you get the idea folks.    This is not over folks, also if you have big savings or a small business in the PIGS Countries time to move your savings to non EU Countries, or turn your assets in to gold etc.   The financial crisis of 2008 is not over folks and the policy of theft by the EU is going to make it a lot worse.