military

The death of North Korea’s Kim Jong-il in the middle of December can be either a bump or grind. More likely, the change of leadership will mark a continuation of the status quo. Not only do North Korea’s elite and military seem firmly in…

Great piece from our friends at Al Jazeera. Looks like the military is no longer going to be the “employer of last resort.” Future veterans are going to highly trained in the cutting edge technology that will shape the next hundred years.…

North Korea’s dear leader, Kim II, died a few days ago. His 3rd son is now in charge, as Kim III, Kim Jong Un (pictured). There is no better time to talk about North Korea than now, as evidenced by some timely expert opinions. So it’s time…

Foreign news links for 27 November 2011. We have a variety of links here today with most focused on the European sovereign debt crisis. Protest and terrorism are two other topics of great interest.

News links for 27 November 2011

Now, this could just be bluster and rhetoric. But then again it may be something else. I think it bears watching. Just following up on the post by Global Macro Monitor this morning, I note from French daily L’Express the following passage.

Here is something brewing off radar. We’re wondering if this is a factor as to why crude is bid and gold is coming back?

I had been willing to dismiss the rumours that Greece was forestalling a military coup. Others have since said the change in top brass is standard protocol for a Greek government preparing for its potential loss of power and that the…

We have learned that the Defense Minister is calling for a wholesale change of military leadership. I see this as an extremely alarming development. And in conjunction with Papandreou’s move to call a referendum, it would make sense to…

As I see it, Japan’s problem was that during the 1980s it was so addicted to investment-led growth and artificially cheap financing that it misallocated capital on a massive scale and failed to include the resulting implicit losses in its…