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> If North Korea offers to denuclearize then there will be huge pressure on the US to withdraw from South Korea. then just borrow more money to maintain the pr
by dis-sys 8y ago
> If North Korea offers to denuclearize then there will be huge pressure on the US to withdraw from South Korea.
then just borrow more money to maintain the presence there.
when US treasury bond yield is reaching 3% and the public debt is more than 20 trillion, who cares about some extra billion $ spent there.
- nl 8y agoThe pressure will come from elements in the South Korean public, and it’s not over any financial issues.
- dis-sys 8y agomore than 20 trillion public debt as of today, and it is increasing faster. Eventually, the federal revenue is going to be less than the interests that need to be paid annually. what US is going to do about it? explain to debt collectors that some elements in South Korea want US troops there?
- nl 8y agoThe financial elements are completely irrelevant here. South Korea already pays ~1/3 of the cost of the troops there, and it’s relatively low compared to say the Iraq war. Roll back some tax cuts if the US is too poor I guess.