Will North Korea Destroy the World?

The North Korean dictator, commonly heralded as a tyrant and threat to world peace has passed away recently. Politicians and private citizens across the world are rejoicing, but at what cost? Many people contend that Kim Jong Il's son, Kim Jong Un, is just as unstable, if not mores, than his father. If this is the case, is North Korea more dangerous now than ever?

Secruity in North and South Korea were put on high alert after news of Kim Jong Il's death. As his son took the dictatorship, many have speculated if the newly minted politician will try to do something to maintain his father's principles. If this turns out to be the case, is there anything the world could do to brace for Eastern conflict?

If North and South Korea were to engage in battle, the United States would most likely intervene. However, to prevent escalate a local conflict into a global war, it may try to pursue low-key strategies. For example, it could provide logistical support to South Korea. The US could also provide a unique type of military force: the private military contractor.

Private military contractors are civilian-based companies that are not directly part of the government. They are trained in similar manners as military personnel, but have an added layer of enigma, considering that hostile forces may not readily recognize that the contractors are not government-based forces. One such company is Cubic Corporation CUB, a small-cap firm that specializes in defense systems and mission support services.

One of Cubic Corp's divisions is Cubic Defense Applications. This division provides training and logistical support, as well as physical assistance. Whether it can supply manpower or machinery, Cubic Defense operates with the most current technology in today's warfare arena. By the end of Fiscal Year 2010, over 57% of Cubic's services were contracted out to the US government.

Would the US be able to use contractors such as Cubic to maintain peace in North and South Korea? No one knows what will happen now that Kim Song Un is leader, but what is certain is that everyone will be on their toes. Covert operations facilitated by private contractors may be one of the few ways to maintain stability in today's world.

Consumers have a few options when it comes to understanding the US economy. The North Korean shift in power is one indicator that could help investors gauge where the global economy is heading into the future. Investors should also keep up with the news to stay on top of major developments that move markets.