An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
WSWS: Trump administration considers military strike against North Koreahttps://www.wsws.org/en/articles/2017/03/04/kore-m04.htmlBeijing has already agreed to tough UN economic sanctions against Pyongyang and last month suspended imports of coal—North Korea’s largest export item. However, China is wary about provoking a crisis that could lead to a collapse of the Pyongyang regime and the integration of the Korean Peninsula under Washington’ aegis.Horse-trading. Now that China is essentially state capitalist, what do they have to fear from a re-unified Korea, other than competition in the marketplace?In return for pulling the plug on the NK regime, trade sanctions and rhetoric regarding the South China Sea would be quietly dropped. This could be a win for China and Korea.
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