South Korea has suspended trade with North Korea. Along with investment and everything else except ‘humanitarian aid’. They will not even allow North Korean merchant shipping to pass through South Korean territorial waters.

The US has ordered the 28,000 or so troops we still have there to coordinate efforts with the South Korean military to ‘defend against aggression’, after statements that North Korea must pay some unspecified price for torpedoing a South Korean ship, which everyone now agrees they did do.

North Korean has ordered all ‘defensive forces’ to prepare for total war with South Korea, and by extension, the United States. (more…)

Stock market may be crashing.

Dow futures down over 230 points to 9833. That is WAY below magic 10000.

If you have stock, please pay attention to it very soon. Tomorrow may be the beginning of the descent into the abyss. Not for sure. Nothing is for sure in the stock market. But keeping a close eye on it would be very, very wise.