Showing posts with label Kim Jung Un. Show all posts
Showing posts with label Kim Jung Un. Show all posts

Saturday, 11 February 2012

Kim Jung Un Dead or alive?

Kim Jung Un has been told assasinated a day ago during his visit to Beijing.  As much as it may be a calculated hoax it still might be truth though. But such jokes in our modern world have real impact.
 Let's assume Steve Jobs has got a flue 10 years ago. It was actually a real event when flu of genius Apple brain caused huge stocks collapse overnight. No, what do I say, overhour.

Every power that has no nuclear or military potential to harm South Korea or is being checkmated by its allies can still do a web attack or for instance spread a false rumour about young "crown prince" from the North dead.

When Kim Jong Il died last year the event caused huge losses in korean stocks which started correction only in late December / January. It may easily happen this time too, even if the rumour is false. This is also an occasion to earn on forex if I am right.

It always made me curious how in so scientific and mathematical environment as cash and investing haste decisions and psychology of the crowds always took over. At first 30% and some more stocks in Korea are owed by foreigners. If there is any news that situation in the country becomes unstable foreigners get cold feet, at least financially. Second issue is more complex and is related to following the crowd like a blind idiot. If a dude that sits next to me removes I shall also sell and this way index goes down. Usually time shows that what was needed was a bit of patience and individualism. Traits which humanity lacks as such and always will.

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Lol :P From my point of views it is cool to observe masses of people wondering, journalists racing to get the news first etc.

And you, how do you think, is he dead or is he alive?
Who may assasinate the guy? For what?

Wednesday, 21 December 2011

The Hermit Kingdom

Kim Jong-un, the heir-apparent and son of Kim Jong-il, issued his first military order just before the announcement of his father's death this week, which some sources claim is the proof of young Kim's control over the military. 





Photo by AP

 

The North's state media reported Kim Jong-il's death Monday, two days after it occurred.  Before the the news of passing was announced, Kim Jong-un ordered all military units to stop field exercises and training and return to their bases.

"This is a direct example showing Kim Jong-un's complete control over the military," the source said, adding the move also indicated that the younger Kim is poised to become the top commander of the North's 1.1 million-strong military.

And so on... 



Above paragraphs are based on newest Korea Times articles about prospective difficulties of Kim Jung Un to seize power. Literally everyone around the world expects it. 


If I was to guess and make a bet, I bet there won't be bigger problem with power transfer than it usually is in any hereditary system with several wings of power. Normally parents of the heir have to buy loyalty of those who could try to destroy their plans. If the loyalty cannot be bought with priviledges, then opponents have to be removed anyhow else. 


Such game is ahead of Kim Jung Un. My bet is there is already a dynasty of Kims in an Hermit Kingdom. 


If nothing surprising happens this will just go on. Unless there is a military coup d'etat and the military modernizes country. But I would not bet on it.

And what do you think?