By Eric Margolis “Let’s begin 2016…with the thrilling explosion of our first hydrogen bomb, so that the whole world will look up to our socialist, nuclear-armed republic and the great Workers’ Party of Korea!” - Kim Jong-un North Koreans may be happy, but the rest of the world certainly is not. Predictably, the US, Japan, China, Australia and South Korea seethed with fury at the explosive North Koreans. China scowled and muttered. This hypocrisy and hysteria made world equity markets, already reeling from new Chinese financial blundering, crazy as uninformed investors ran for the lifeboats. The UN shook its tiny fist at North Korea, ignoring that the US, Britain, France, Russia and China are all in violation of the 1963 Nuclear Test Ban Treaty. There was not a peep about nuclear scofflaws, Israel, Pakistan and India. Nor mention that today’s outraged South Korea and Taiwan had been caught by CIA red-handed trying to make their own nuclear weapons. Is North Korea’s claim of a hydrogen w...
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