Recently, North Korea issued an attack on their South Korean neighbors, making it the first act of violence in years. When thinking this article, many of us seem to focus on the hatred between the two nations themselves as opposed to the economic impact this can have on the world. With Seoul being the second highest populated city in the world, and controlling the corporate headquarters of some of the largest companies in the world, consumers in North America have much to worry about. Samsung, Hyundai, and LG are just a few companies based in Korea. Retailers like Best Buy and Wal-Mart will suffer significantly, ultimately resulting in an economic disaster.

When you investigate deeper into the issue you realize another potential threat in this battle, China. I thought about it and realized with China as a communist supporter of North Korea, this could result in the US going to war with China. The economic impact of this can be catastrophic as trade with China is colossal all over the world; the result of this will especially have substantial effects on North American consumers. I believe its essential that this issue be solved or businesses and consumers will suffer significantly.

This link further explains this issue:

http://www.thedetroitbureau.com/2010/05/how-a-new-korean-war-would-affect-u-s-business/