War With North Korea Could Be Among Most Costly In History

When US President Donald Trump took the unprecedented step of using Twitter to threaten “fire and fury” upon North Korea, that was the easy step. Pushing the button to send a tweet or even start a war is not nearly as complex – or costly – as the clean-up and reconstruction phase. A Capital Economics piece out Wednesday considers the economic cost of a North Korea war, pointing out that the collateral consequences could be more meaningful than the initial impact. Capital Economics: North korea war could see South Korea witness immediate 80% falloff in GDP North Korea is credited…