Slashdot Mirror
Did North Korea Conduct Secret Nuclear Tests?
gbrumfiel writes "In May of 2010, North Korea made the bizarre claim that it had achieved nuclear fusion. Many, many commentators (including faithful Slashdot readers) mocked the dear leader for his outlandish boast, but could there have been a kernel of truth in the claim? Apparently some odd radioactivity was spotted by detectors surrounding the North just days after the announcement. Now, a new analysis by a Swedish scientist suggests that the radiation may have leaked from covert experiments into boosting fission warheads. The evidence is tentative at best, and many are skeptical, but it does seem that something odd was up on the Korean peninsula that spring."
No, I don't think you would. I don't think you would like to see what would happen should they so much as stop extending us credit.
Look around your workstation and try to find something not made in China. Now imagine that everything that was made in China was suddenly gone. Go to the store, and all the made in China stuff is gone from there too. Think about what will happen to the prices of the remaining goods.
It would suck for a while but it would probably be a huge win in the long run.
It would be one of the few ways the U.S. could regain a manufacturing base. It is nearly impossible for a country to stay solvent for the long run with the massive current accounts deficit the U.S. is running, Yea there would be short term pain until the U.S. rebuilt its industrial base along with probably rebuilding it other cheap places like Mexico or South America. It would be kind of win to get the manufacturing base closer to the U.S. whatever because as fossil fuel prices explode so do shipping costs.
All things considered a quick crisis would be better than maintaining the status quo which will inevitably lead to a U.S. default, a dollar collapse and truly massive upheaval in the U.S. and in the rest of the world.
Either the U.S. needs to return to running trade surpluses or its going to have to go old school and use its massive military to plunder the rest of the world. Squandering nearly a trillion a year on your military and producing nothing but failed money sinks like Vietnam, Iraq and Afghanistan has to be some of the most flawed strategic thinking in history.
@de_machina