by Martin Armstrong, Armstrong Economics:
It was just one day after the first test of an intercontinental rocket by North Korea, that the US demonstrated military strength and threatened further sanctions against the isolated state. We have to understand that we are dealing with a pampered buy Kim Jong Un who will never yield to sanctions and counter-measures of rocket tests.
Donald Trump has classified North Korea as the major threat to the USA – not Russia. The US requested an urgent session of the UN Security Council in New York last week. The leadership in Pyongyang threatened the USA with further weapon tests and boasted that North Korea would never abandon nuclear weapons.