2006-07-08 23:46:28 · 6 answers · asked by katrina_ponti 6 in Business & Finance ➔ Investing
The tests have rattled the region and beyond. One of the missiles was believed capable of reaching U.S. shores, while the others could easily reach Japan.
2006-07-08 23:48:03 · update #1
"Kim announced a heroic DPRK (North Korean) position, in which it promised to answer to an enemy's retaliation with retaliation and to an all-out war with an all-out war. That is not empty words," the broadcast said.
2006-07-08 23:53:21 · update #2
There has been some nervousness, and last week we saw a brief drop in indices such as the Dow. However, it appears the major responses are in china, Japan, and Thailand, where indices took more of a beating.
Deployment of the US cruiser to the Sea of Japan is a very low-level, concrete statement, but one that is overall not threatening. It is intended more to reassure allies in Taiwan and Japan than for any other reason.
Some analysts say that the missile launches are not as much of an act of saber rattling as a means of keeping important elements in North Korea happy. This includes the military and some civilian leadership - Kim is not a very popular leader and holds the country with far less a compelling grip as his father did.
US policy in recent years has not been especially effective with North Korea. This round of tension may well further weaken US influence in Asia, as well as with the North Koreans. If so, the result will be especially unfortunate, and in that case the markets will indeed react.
2006-07-10 06:51:32 · answer #1 · answered by Der Lange 5 · 1⤊ 0⤋
It's probably reacting the same way I'm reacting to your picture--with extreme nervousness!
But seriously folks, the U.S. just sent an anti-missile defense system to Japan. We really could be on the brink of nuclear war. God help us all.
2006-07-09 06:51:31 · answer #2 · answered by Jack Nicholson 5 · 0⤊ 0⤋
Markets look for an 'excuse' .....
Will they blame it or react on this? I don't know, but even $75 oil has not been an excuse for a fall...I think the markets are in serious trouble and it will not have anything to do with NKorea, but more likely a debt related crash, my opinion of course.....nice pic.
2006-07-09 10:02:15 · answer #3 · answered by -* 4 · 0⤊ 0⤋
wow! your avatar sure looks like that North Korean missiles..
i think the market will keep "stay and observe"...
i don't think it will influence very much for the moment..
but i don't know what happen next... since we still don't know what will happen..
2006-07-09 08:55:46 · answer #4 · answered by Anonymous · 0⤊ 0⤋
how about we discuss this over dinner.
2006-07-11 19:18:49 · answer #5 · answered by powerball05 2 · 0⤊ 0⤋
^^^^^ LOL!
2006-07-09 06:52:04 · answer #6 · answered by Rigga 2 · 0⤊ 0⤋