Stratfor: The North Korean Strategy Is Ferocious, Weak and Crazy

By George Friedman, Stratfor Founder and Chief Executive Officer North Korea’s state-run media reported Sunday that North Korean leader Kim Jong Un has ordered the country’s top security officials to take “substantial and high-profile important state measures,” which has been widely interpreted to mean that North Korea is planning its third nuclear test. Kim said …

The Great Debate©: ‘Safe’ Nuclear Power from Thorium?

by Ambrose Evans-Pritchard, and Steven Hansen Thorium is touted by many as the future energy source for the world.  Thorium would be used in place of uranium and plutonium in nuclear reactors: it is abundant on Earth, it has good efficiency, unlike uranium and plutonium is not easily weaponized, and produces much less waste. …

Global Warming Is Here, Getting Worse – What Should We Do?

by Elliott Morss, Morss Global Finance Even some skeptics agree: global warming, caused primarily by CO2 emissions, is here and will get worse. Are the energy options we have significant enough to make any meaningful difference in the destruction and death we will have to endure? In what follows, I look at the facts.

Japan’s Fate Subject to the Winds

Two weeks ago, I opined on the future of the Japanese economy saying that the market was overestimating Japan’s speed of recovery. The crux of this argument was based on the radioactive contamination in the earthquake and tsunami damaged area would slow cleanup and reconstruction to a snail’s pace. In other words, the Japanese meltdown will inhibit recovery.

As a former GE Mark1 nuke plant startup engineer, I was seeing events unfolding which told me the situation was far beyond the design features. Over the last two weeks, the situation appears to have gone from serious to calamitous.