Peace in Korea ... The Nobel Prize for Trump ?
John Ashcroft
Economics, Strategy, Financial Markets, The Saturday Economist, Dimensions of Strategy, Monday Morning Markets, Friday Forward Guidance, Advisor, Speaker, NED, Chair
Peace in Korea is our footnote this week ...
The historic meeting between Kim Jong-Un and Moon Jae-In bodes well for peace in the Korean peninsula. Trump stands ready to take credit for the progress. Talk of the Nobel peace prize maybe a little premature. But tough talk from Trump is thought to be the catalyst for peace. Is that really the case?
Is peace in Korea a Trump play, or is Trump being played by the Koreans and the Chinese?
Beijing has much to gain from a nuclear free Korean peninsula and a formal end to the war. Unification would open the peninsula to the parasol protection of the expanding Chinese empire and the withdrawal of U.S. troops. The White House is demanding Seoul meets a bill, it will no longer need to pay. Demands to reduce the trade deficit with the U.S. would be facilitated by trade with China to the North. Unification would be as beneficial to Beijing as German Unification was to Bonn.
U.S. international policy is conflicted and confused. Moon Jae-In will hedge the risk of a Trump tantrum on trade.The Koreans are mindful China will become the largest economy in the world within ten years. The expansion of the mighty people's navy will guarantee control of the Taiwan straits. Peace in Korea is a win win for Beijing. The dragons will be dancing long before the Trump administration hears the music.
Check out The Saturday Economist Every week for updates ...
Playwright at Home work
6 年Peace!!! Nowhere war!!! Angeliki
Non executive director open to new roles
6 年Surely you are having a laugh