Congressman Ron Paul speculated on the Alex Jones Show today that the war footing between North and South Korea could be an orchestrated crisis to boost the dollar and reverse the US economy, paralleling the RAND Corporation’s call two years ago for the United States to become embroiled in a major war as a means of preventing a double dip recession.
South Korea admitted that it fired the first shots prompting a North Korean retaliation that killed two South Korean Marines and set ablaze many homes on the Yellow Sea border island of Yeonpyeong.
Tensions are running dangerously high after North Korea’s military vowed a “merciless military strike” and South Korean President Lee Myung-bak ordered his military to strike North Korea’s missile base around its coastline artillery positions if the North made any further moves. Japan announced that it was preparing for “any eventuality” while Russia said the events represented a “colossal danger” to peace in the region.
Stock markets sank worldwide while the dollar and gold bullion rallied in response to the news.
Speaking to the Alex Jones Show, Congressman Paul said it was frightening that people in the Obama administration were advocating war as a means of escaping the economic crisis, saying that North Korea stood no chance whatsoever of successfully defeating South Korea in any conflict.