Hey, everybody, Peter Zeihan here coming to you from Green Mountain just above boulder with the flat irons there behind me. Today we are going to talk about Vladimir Putin his recent trip to North Korea. Basically he went there talk shit about the United States, and
said he would sell weapons. North Korea signed the defense packed and talked about how they’re best buds and he and Kim Jong Un, that’s the premier of North Korea. He’s a really chubby guy basically took turns flattered each other and driving themselves around in a Russian made limo which is, well, let’s just say it didn’t crash. And that’s kind of an achievement. Anyway. So the purpose of this trip was basically to piss off the Western alliance, especially the United States, US diplomacy going back several presidents, at least to Clinton, have been working pretty aggressively to partner with the Chinese and the Russians to box in North Korea to tamp down their weapons program, their drug smuggling or money laundering, all that good stuff. And in the last year, because the Russians are now finding themselves on the opposite side of everything from pretty much everybody, the Russians have actually been vetoing resolutions in the Security Council that would continue those sanctions programs on the North Koreans, which is something that the United States is really cheesed off about because the number one target of any missile launch is going to be Los Angeles or San Francisco. Well,
let’s look at this. From anyone else’s point of view for a moment just not Russia is not North Korea’s and not the United States is. The other country that matters on the Korean peninsula is South Korea, an economy that’s roughly 15 to 20 times as large and as a technological leader, not just in things like semiconductors and manufacturing, but increasingly software and weapons technology. In the last five years, South Korea has emerged as one of the top five arms exporters in the world, specifically excelling in things like artillery, and rocket systems and tanks. And if you start looking at this, from the South Korean point of view, it is clear that Vladimir Putin made a colossal mistake, because until now, the South Koreans have limited their arms exports to Ukraine because they don’t want to get involved. But now that Putin has come to North Korea and bandied about how he and the North Koreans are best friends, the sky is the limit. And unlike German tanks, or American tanks, things that are being made in limited volumes, and so can’t be rushed to the Ukrainian Front, all that quickly. The South Koreans are the masters of making anything at quality and at scale very, very, very quickly. I mean, this is the country that back in the 1970s, built the what was then the world’s largest supertanker by building it in halves in two different dry docks, and then welding it together at the end. And for those of you who built super tankers in your garage, you know, don’t do this at home. This is really dangerous. Anyway, it works. They’ve already sold 180k, two tanks to the polls, there’s another 180 on their way. And they’re going to be working with the polls on setting up domestic manufacturing. So it’s not just that the South Koreans can upset the balance of power in terms of the arms balance in Ukraine by selling weapons directly. They can help various European countries establish their own production, and then they can have 234 different production sites, basically working against the Russians. This isn’t the dumbest thing I’ve seen any country do in the last 20 years, but it definitely makes the top 10 All right, see you guys next time.