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Saturday, March 5, 2016

EYE on the World - North Korea War Signals Rattles West

 

Will South Korea Have to Bomb the North, Eventually?






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2016 Cuban Missile Crisis?


 This situation has not garnered the attention it deserves in the press nor by the markets. Should tensions escalate to the point of causing a nuclear event then such an engagement could lead to wider actions  bringing  the involvement of respective allies and the bigger powers. 

Even the limited use of nuclear weapons places the world in greater peril than most appreciate or know at first glance. Why? Russia operates a mechanized nuclear defence program that is often termed and referred to as  " the dead-hand system" because the missile-launch- order can  be triggered when its sensors determine that the radioactivity in the atmosphere is beyond preset acceptable levels. Breaching of these tests causes the system to conclude and assume that a nuclear attack is being carried out against their nation and it will then automatically order the launch of Russian missiles aimed at predetermined targets. 

There is no human involvement.  

 Originally the system was designed to provide for an immediate  retaliatory strike in the event that  the leadership in the Kremlin was destroyed 
by a first strike by an aggressor,

and thus decapitating the decision-making powers ability to respond.  The premise of the system embraces the cold war  assumption  that the threat of mutual annihilation would deter  the superpowers, at the time, from ever entering into any confrontations using nuclear weapons.

However, today  this old and perhaps antiquated system could inadvertently  launch  missiles because the sensors detect the radiation from a much smaller nuclear conflict. Right now, as long as tensions remain high in North Korea there is a great danger that aggressions could expand rapidly into the global theatre. Such a possibility, to our knowledge has not been experienced since the Cuban Missile Crisis, in 1962, when the world was was gripped by fear and  just seconds away from a global nuclear war that could have wiped out all of humanity in mere days.

 In light of the concerns mentioned, and their potential consequences and devastation  - this situation is to be given the highest priority and attention in the days and weeks ahead. It is also noted that certain  US Presidential candidates indicated, in February, that they would approve a preemptive strike against North Korea - that does not sound like such a  good idea should it also lead to those same sensors detecting and acting upon excessive radioactivity in the atmosphere. Moreover, leadership in North Korea is far from stable or sensible - you have a child holding a loaded gun.      

In the last analysis, the world again is walking on eggshells; one misstep having frightening ramifications 



Panic Grows as Moody's Cuts China's Rating Outlook


China  Another  Enron?

Really, when you think about it , what is  the  difference between the two, when they both  are great benefactors of ghosts and zombies and then go on to apply the most opaque and misleading accounting practises, at all levels of organization with utter impunity? No wonder investors and creditors are heading for the hills. To answer the question: there is no difference - and the results are sure to be  the same.

Now  that brings up the next question  regarding Bernie Madoff...







Methane Time Bomb Closer Than Feared?


The Big Question
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Any day now? Any moment? But at how many parts per billion do we actually  have the same atmospheric conditions as the Permian extinction? Once we know that  - then with a little math we could probably  determine the next poorly planned and unfortunate   event in  the planet's history.  

Remember too, that a failure to plan - is a plan to fail!





 ​"
Peak Oil Today
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 - 29 Feb 2016


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