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Thursday, 10 August 2017

A war between North Korea and the USA; What It could do to the global economy


Tensions escalate between USA and North Korea after threats to US overseas territory of Guam. Any conflict would cause major economic problems both in Korea and more widely across the globe. Global supply chains could be severely impacted. US debt levels could spike as a result of any conflict. Tensions between the USA and North Korea escalated further on Tuesday evening when President Donald Trump promised "fire and fury and frankly power, the likes of which this world has never seen before"in response to recent threats from North Korea and its leader Kim Jong Un. Hours later, North Korea responded by saying it is seriously considering a missile strike on the Pacific island of Guam, home to a US military base. 

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