June 1, 2010

Last week’s poll reveals that nearly 70 percent of respondents believe there will be a war in Korea and the U.S. will be involved.


On March 26, the South Korean warship Cheonan sank in the Yellow Sea. South Korea and the United States insist North Korea sank the ship with a German-built torpedo and have rallied for sanctions against the totalitarian regime of Kim Jong-il. A multinational investigation team said on May 20 it found overwhelming evidence that a North Korean submarine sunk the ship. Germany says it does not sell weapons to North Korea.

“The Cheonan was sunk by this torpedo that was later to be discovered to have been of German manufacture. Germany said it sells no military weapons to North Korea. This thing is starting to look like a classic false flag operation,” investigative journalist Wayne Madsen told Russia Today on May 31.

“Kim Jong-Il who very rarely travels – and when he does, he only travels by train – went to Beijing. My sources in Beijing say that he went to Beijing, that Chinese authorities said that North Korea did this, he denied it. They were satisfied with his response,” Madsen added. “Now the Chinese are very suspicious of the US’ intentions in richening things up in the Korean peninsula.”

In response to the threat of sanctions, North Korea threatened “various forms of tough measures including an all-out war” on May 20. It has halted its diplomatic relationship with South Korea and has cut off all relations. Various media sources on May 26 reported that the North had put its military on alert for possible war with South Korea.

  • A d v e r t i s e m e n t
  • {openx:49}

The South also cut off aid to the North and set up a naval blockade of its waters. South Korea’s defense ministry said it had called off a threat to resume propaganda loudspeaker broadcasts into the North, which had threatened to fire on the speakers, according to the Yonhap News Agency.

On Monday, South Korea staged war games near the border with North Korea. The exercise included approximately 50 tanks and armored vehicles, which crossed a floating bridge backed by dozens of attack helicopters and artillery, military officials said.

Stock markets reacted negatively to the crisis. “North Korea’s warning of all-out war may have tempered risk appetite heading into the long U.S. weekend,” said analysts at Action Economics on May 28.

“The problems on the Korean peninsula could also erupt into a local war. Kim Jonn-il, the head of North Korea is ill and widely viewed as unstable. His nation is low on food and other essentials. He has a number of incentives for waging war on South Korea and relative few to preserve the peace. It is not entirely clear what China would do if a war erupts, but it is clear that Korean and Japanese commerce could be greatly disrupted,” Douglas A. McIntyre writes for 24/7 Wall Street today.

Our Christmas in July sale is now live! Get up to 60% off on our hottest products today!

Related Articles