Recently passed sanctions by the United Nations and crippling new guidelines by the United States are slowly pushing Kim Jong Un’s brutal regime to the brink, with South Korean lawmakers saying the Hermit Kingdom will be totally broke by October 2018.
According to Fox News, South Korean legislator Kang Seok-ho informed his fellow lawmakers that North Korea is slowly running out of currency and will be unable to operate this fall; adding Kim’s recent “olive branch” to Seoul during the Winter Olympics was part of an elaborate ruse to buy the communist regime more time.
“I received an analysis that, if international sanctions against the North continue like this, all of North Korea’s foreign currency earnings and overseas assets will be frozen, and its dollar [reserves] will dry up around October,” Kang said.
“At a time like this, our government should further strengthen cooperation with the international community on sanctions against the North,” he added.
Stories of Kim’s drastic economic troubles surfaced earlier this year, with reports of North Korean soldiers foraging the forests and looting local residents after food supplies ran dry and oil rations dwindled.
BEIJING BETRAYAL: China CAUGHT SNEAKING Oil Supplies to North Korea
South Korean authorities announced Friday it had detained a Chinese-based ship and its staff over reports the tanker was sneaking oil supplies to Kim’s regime; a violation of recent UN sanctions that barred such shipments to the communist nation.
According to UPI, officials in Seoul confirmed they had seized the Lighthouse Winmore, a ship registered in Hong Kong that allegedly smuggled over 600 tons of refined oil into North Korea last November; well after the United Nations adopted Resolution 2375 which banned the hermit kingdom from importing fuel.
President Trump weighed-in on the revelation on social media, saying he was “very disappointed” that Beijing refused to comply with the UN mandate, adding that no “friendly solution” to the North Korean crisis would be possible “if this continues.”
“Caught RED HANDED – very disappointed that China is allowing oil to go into North Korea. There will never be a friendly solution to the North Korea problem if this continues to happen!” Trump tweeted.
Caught RED HANDED – very disappointed that China is allowing oil to go into North Korea. There will never be a friendly solution to the North Korea problem if this continues to happen!
— Donald J. Trump (@realDonaldTrump) December 28, 2017
South Korea’s seizure of a Chinese ship escalates already heightened tensions in the region; with dictator Kim Jong Un vowing to continue to test his rapidly expanding nuclear and missile programs.
CRISIS IN KOREA: 'Mad Mog' Mattis Tells Army to 'Be Ready' for War with Kim
Secretary of Defense James ‘Mad Dod’ Mattis told members of the US military to “be ready” on Monday, warning the Army that all-out war could erupt on the Korean peninsula should dictator Kim Jong Un continue his illegal nuclear and missile programs.
Mattis was speaking at an annual meeting of the United States Army when he was asked about the Trump administration’s policy regarding North Korea.
“I suspect your probably not going to reveal the intricate details of your Korea strategy, but what can the U.S. military do to lessen the likelihood of conflict on the Korean peninsula?” asked one questioner.
“What a great question. Let me talk about Korea for a minute because it’s on all of our minds,” said the Defense Secretary. “It is right now a diplomatically led, economic sanction-buttressed effort to try to turn North Korea off this path. What does the future hold? Neither you nor I can say.”
“There’s one thing the US Army can do. You have got to be ready to ensure that we have military options that our President can employ if needed,” he added.
President Trump commented on the escalating crisis unfolding on the Korean peninsula earlier Monday, saying that “25 years” worth of diplomacy have yielded little results, and that “policy didn’t work.”
Military experts and officials believe North Korean dictator Kim Jong Un is preparing a major provocation in the region to mark Monday’s national holiday; possibly firing another missile or testing a nuclear warhead to mark the founding of the nation’s ruling communist party.
Watch the Secretary of Defense’s comments above.