In
a rare moment of hope for peace, those who pull the strings instantly
lose big - Will they ever stop pushing for war?
Last
year, Fortune magazine calculated that defense contractors and
companies' shares prices rose by as much as $5 billion after Trump
launched his attack on the Syrian air base. This year the numbers are
similar.
What
happened when the two Korean leaders recently tried to bring the two
sides closer towards a peace solution?
In the
first few days after
the meeting of the two North and South Korean leaders,
Kim Jong-un and Moon Jae-in, on April 27, the shares of the arms
industry fell sharply, while the stock markets in Asia seemed to gain
ground.
On the
day of the meeting, while general indices remained stable, the S&P
Aerospace & Defense Select Industry Index fell by 1.3 percent.
The five
largest US arms industries lost a total of $ 10.2 billion in only
that day: In particular, the shares of Lockheed Martin fell by 2.5%,
Northrop Grumman by 3.4%, General Dynamics by 3.8%, Raytheon by 3.6%,
and Boeing by less than 1%.
The
losses came after the meeting of the two leaders who agreed to
cooperate to remove nuclear weapons from the Korean Peninsula and
negotiate with the US in order to officially proclaim peace, with the
definite ending the Korean war.
This is
essentially a sharp shift in rhetoric, which, in particular, after
Trump's election in 2016, had become strongly aggressive, leading the
investors towards the shares of the war industry.
Indicatively,
during last year, the S&P 500 index rose by 12% and the S&P
Aerospace & Defense Select Industry index by 27%.
Current
fall in shares had already begun a day before the meeting between Kim
Jong-un and Moon Jae-in, on the occasion of Emmanuel Macron visiting
the US where he discussed, among other things, the North Korea issue
and the nuclear agreement with Iran.
This is
actually an index of a rapidly declining culture. Think about the
insanity for a moment. In a world of continuous conflicts and
destruction, with the nuclear terror hanging above our heads, just a
tiny moment of hope for peace in a small corner of this planet is
enough to alarm the dealers of death who control governments and
nations.
Will
they ever permit Korea to become an example? Certainly not. Will they
ever stop pushing for more wars? Absolutely not.
Tyrel
Ventura puts the question straight: Two countries say we've been
fighting for almost 60 years roughly, and then say we gonna have some
peace and people lose 10 billion dollars because of that. What does
that say about our culture, our world, when that kind of loss is the
result of two leaders saying, we gonna try to find a way that doesn't
involve blowing things up and killing people?
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