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  Since I last wrote a few weeks ago, North Korea has lost one showdown with the U.S. and has geared up for a second. The first showdown was a threat to ring tiny Guam with a military barrage. The second showdown is the threat

This entry was posted in No category, The Region and tagged by Kent Osband.

About Kent Osband

Dr. Osband is an American economist, strategist, financial risk analyst and longtime student of Bulgaria. He is the author of two well-known books on quantitative risk analysis (Iceberg Risk: An Adventure in Portfolio Theory and Pandora Risk: Uncertainty at the Core of Finance) and has served both in the public (IMF, WB) and private sectors (Goldman Sachs, CSFB, Fortress Investments).
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  Read the original analysis of Michael Elleman on the IISS website, where he gives convincing arguments behind the conclusion that the quantum leap in North Korea’s missile range could have only one explanation – it “has acquired a high-performance liquid-propellant engine (LPE) from illicit

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  North Korea is a country of 25 million people held hostage by its warlord ruler. Its real GDP per capita is estimated at less than 10% of Bulgaria’s and less than 5% of South Korea’s.  Its main export is fear, sustained by long credible

This entry was posted in The Region and tagged , , by Kent Osband.

About Kent Osband

Dr. Osband is an American economist, strategist, financial risk analyst and longtime student of Bulgaria. He is the author of two well-known books on quantitative risk analysis (Iceberg Risk: An Adventure in Portfolio Theory and Pandora Risk: Uncertainty at the Core of Finance) and has served both in the public (IMF, WB) and private sectors (Goldman Sachs, CSFB, Fortress Investments).