Club Mulgoa

Friday, November 26, 2010

Koreans

If a Korean warrestarts, the world stock market will tumble because Korea is a significant part of world trade; not any of the PIGS. But the good news is it will be short-lived. Why would a prosperous China want a full blown war on her doorstep? Hopefully, the gangsters running the country will be removed. In the longer term, it will be for the better.

So when the market tumbles with the re-starting of skirmishes or 'war' there, this will present a great opportunity to buy. But it won't happen straightaway. The problem is picking the trough. A revolution cannot occur in North Korea while China is backing it.

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