The EMP Threat: How It Works and What It Means for the Korean Crisis
Before we begin with this week’s installment of This Week in Geopolitics, I want to draw your attention to the 2018 Strategic Investment Conference. Last year at the SIC, I said the United States would likely launch a pre-emptive attack on North Korea. I failed to anticipate the level of opposition from South Korea, which would bear the brunt of the casualties in such an attack. Without South Korea’s support, the US reconsidered its position. No attack came.
Obviously, I would like it if GPF were right about everything. Our track record is pretty good, but in this case, we were wrong. Still, I view this as the reason the SIC is such a valuable conference. The SIC’s greatest asset is how it brings together thinkers with profoundly different viewpoints to discuss the most important issues in the world today—people who aren’t afraid to tell you what they think, or to admit when they were wrong. I’m honored to be speaking once more at the SIC, where the theme for the year ahead is “Crossroads.”
And indeed, the world is at a crossroads. The post-2008 financial crisis “recovery” has not curbed speculation or reduced inequality. It has not halted the rise of political instability in the world’s most important countries. As Europe celebrates what 10 years ago would have been meager growth rates—and as the US celebrates sky-high stock prices one day only to watch them fall the next—the world stands on a precipice where the choices seem to be imminent chaos or delayed crisis.
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