An undated photograph released by the Korean Central News Agency (KCNA) on 26 April 2017 shows a combined fire demonstration of North Korean artillery. SBS
Anthony Fensom, National Interest: Why War with North Korea Could Cost Trillions of Dollars
Unleashing Trump's “fire and fury” on North Korea would rack up both human and financial costs.
War with North Korea could result in the death of fifty thousand or more Americans and more than two million Korean casualties. However, the economic cost would be massive, too, running into potentially trillions of dollars for the United States, while damaging Asia’s biggest economies.
The 1950–1953 Korean War caused 33,651 U.S. casualties and cost the United States an estimated $20 billion. For South Korea, it caused 1.2 million deaths and saw the value of its gross domestic product (GDP) slump by more than 80 percent.
However, the cost of a second Korean War would be far greater, according to Capital Economics.
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WNU Editor: Aside from the human cost .... the cost of a war on the Korea Peninsula would run in the trillions. The cost to the U.S. would be in the trillions. The hit on the global economy .... a few trillion more. If nuclear weapons are used and/or China gets directly involved .... we will be living in a very different world.
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