. August 30, 2005 SouthAmerica: I wonder why The New York Times would publish such an article about North Korea, other than trying to intimidate them with words. The North Koreans are probably laughing about such a strategy. I put myself in place of the leaders of North Korea â If I thought that I was going to be attacked by the United States, I would take one of my nuclear warheads â point it to the center of Tokyo â and let it go. (Remember the Bush administration has a policy and is considering a preemptive military attack on North Korea) One nuclear warhead hit at the center of Tokyo would put the derivatives market over the edge and we would have a worldwide meltdown in the derivatives market â end of the story. The United States would think twice about retaliating with nuclear weapons against North Korea because of the follow up, and potential showdown with China. â China would not be too happy with nuclear weapons exploding right next door. That takes care of the silly article published by the NY Times today. Here I quote parts of that article as follows: *** âU.S. Banks on Technology in Revised Military Plan for a Possible North Korea Conflictâ By Thom Shanker - Published August 29, 2005 - The New York Times CAMP CASEY, South Korea - American commanders are making significant changes in their plans in the event of a military conflict with North Korea, to rely in large measure on a new generation of sensors, smart bombs and high-speed transport ships to deter and, if necessary, counter that unpredictable dictatorship, the senior United States commander in South Korea says. The shift in strategy is being undertaken even as the United States cuts the number of troops here by one-third and begins moving the remaining soldiers farther from the demilitarized zone, to improve their chances of surviving any North Korean offensive. In a recent interview that provided a detailed public description of the highly classified war-planning process, Gen. Leon J. LaPorte, the commander, described how American contingency plans are being reshaped by new theories of war-fighting and by new military technology. As the nation's senior war planners survey the world for potential military rivals, there is no doubt that the most significant state rivals are China and North Korea - and that the nuclear, Communist North Korea is by far the more unpredictable. ..Although the tenor of political exchanges between the United States and North Korea depend on the status of talks seeking to dismantle North Korea's nuclear program, the state of readiness maintained by North Korea's conventional military forces has not altered in response to either a sharper tone of criticism from either side or the resumption of six-party negotiations. â¦North Korea has announced that it is a nuclear power. But chemical weapons are a source of concern as well, General LaPorte said. "North Korean doctrine does not see chemicals as a weapon of mass destruction, but as a conventional munition," he said. "Their doctrine is that every third round is a chemical round." â¦The reworking of the war plans, at least those that have been described in public, incorporates advances in technology and combat skills that were successfully executed during the rush to Baghdad in 2003, said Mr. O'Hanlon, an author of "Crisis on the Korean Peninsula: How to Deal With a Nuclear North Korea." â¦In case of war with North Korea, "There are a large number of targets that we have a chance of taking out in the opening days of a battle, but not the opening minutes, because of our precision-strike capabilities and I.S.R.," Mr. O'Hanlon said, using the initials for intelligence, surveillance and reconnaissance. "Even if that artillery is pulled back inside caves, we have a pretty potent capability." North Korea is believed to have more than 800 missiles that can strike South Korea and beyond, and more than 12,000 artillery pieces, a large proportion in underground bunkers where they could strike Seoul. The North Korean military is said to number 1.2 million in its standing army, with the ability to mobilize another five million. North Korea also has 120,000 special operations forces, whose mission is to infiltrate South Korea for reconnaissance and attacks. â¦The new plans would rely, for example, on being able to move Army units and the service's new Stryker infantry fighting vehicle on C-17 cargo jets from their base at Fort Lewis, Wash., to reinforce South Korea in just 11 hours, General LaPorte said. High-speed troop transport ships can bring larger numbers of marines from Okinawa in less than a day. Heavy equipment for arriving troops is already positioned in South Korea in climate-controlled warehouses, the general said. Fighter aircraft and bombers based in Japan, Guam and as far away as Alaska, Hawaii and the continental United States also would be put under General LaPorte's command in time of war. Aircraft carriers also could be ordered to steam within striking range. A highly visible example of the shift in war plans could be seen in the squadron of F-117 Stealth fighters dispatched in recent weeks to South Korea from their bases in the United States for a series of military exercises. The message of their presence could not have been lost on the North Korean leadership, as it was that exact type of aircraft that opened the war with Iraq by slipping past Baghdad's radar network to bomb a suspected hide-out of Saddam Hussein. *** SouthAmerica: The coming worldwide depression will start when the derivatives market blows off. What kind of event can take that market over the edge? Who knows? The derivatives market is a market that is on automatic pilot â going in which direction? Just God knows. The meltdown will start with a domino effect in the derivatives market â what will trigger such a meltdown? That will be the subject of case studies after the meltdown catches everyone by surprise. There are many scenarios that could trigger such a meltdown. The most basic one would be a natural disaster such as a major earthquake in the center of Tokyo that would cause a massive destruction. That would cause an immediate crash of the US dollar, and a possible meltdown in the derivatives market. .