Sunday, March 20, 2005

Dokdo8

The penny-wise and pound-foolish Japanese are at it again. They are risking the whole Korea-Japan relationship over a small island. They may get what they want but never again will be able to gain the trust of Koreans.

This puts the U.S. in a very, very awkward situation. If the war happens, it will be great for American economy and for California(this is where I live). America can sell more fighter planes and other weapons to Japan at high premium. The U.S. will be able to pay off the Treasury Bills held by the Japanese. That amounts to more than 30% of U.S. national debt.

However, the alliance of the U.S.-Japan-Korea will no longer exists(some say Korea has already left the alliance, but that is not true). And, Korea may have no other option but to join the Chinese camp.

A great loss. An irreparable loss.

Japan’s greed will mess up the U.S. plans. Shortly thereafter, China will attack Japan using Korean soldiers as its front troops. Should the U.S. defend Japan, if this happens? What do you think?