China has a vested financial interest in preserving peace between North and South Korea and it is rooted in economics. Trade interests in the region reach farther than China and the Korea’s; Japan, Russia and the United States also rely on their Asian partners to keep imports and exports moving. At a time when world economies are still struggling through recession, disruption of trade through war or United Nations imposed sanctions on North and South Korea can only worsen fragile recoveries.
As one of America’s most important trading partners, China has stepping in to propose an emergency meeting among six nations, who’s economies rely on uninterrupted trade with the Korea’s. The six-party talks will include; Japan, Russia, North and South Korea, China, and the United States.
In addition to stabilizing tensions between North and South Korea, the six-party talks will address, “advancing denuclearization on the peninsula and safeguarding peace and stability on the peninsula and in northeast Asia,” according to a CNN report.
Economically, China cannot survive without the United States, Russia, Japan and the Korea’s. The same holds true in the reverse. We are living in a time when international trade is so intertwined, more than one nation can be severely hurt by the disruption of another. And if one falls, the others know they will follow.
Image via WikipediaAs America fights an uphill battle with her failing economy, similarities between the collapse of the former Soviet Union and the failure of the US financial systems create alarming comparisons. Among them are the 5 stages of economic collapse as chronicled by Russian engineer Dmity Orlov.
Since significant legislation to prevent the repeat of another collapse has not been implemented, the United States may be in danger of complete collapse, much like what happened to the former Soviet Union.
In The Five Stages of Collapse, Russian engineer, Dmitry Orlov said, AI watched the Soviet Union collapse, and since I am also familiar with the details of the situation in the United States, I can make comparisons between these two failed superpowers."
There is evidence to suggest that some elements of all 5 stages of economic collapse have already arrived in America. People are losing faith in the government, businesses and each other.
We have already established substantial evidence that Stage 1-Financial Collapse, has already taken place: It was the collapse of the United States financial system in 2008.
What led to our financial crisis was, in part, the removal of government regulations as it relates to lending practices and the sale of mortgages as investment securities.
There is debate among those who have been following Orlov's correlation between the economic collapse of America and what happened in the former Soviet Union, as to what stage the United States is entering; Each stage involves the loss of faith or trust in some key components of the status quo.
Many Americans agree that United States has past stage 1 financial collapse. Some believe stage 5 cultural collapse has begun. Regardless of where an individual is on the economic ladder, there is no denying the United States remains under the very real threat of total economic collapse, similiar to the fate of the former Soviet Union.
