Is this the biggest Geo-political crisis for us?Being in India, apart from border issues among neighbors, we never had a major crisis in Asia in recent times that could affect our financial institutions (especially the equity and investment markets)
The recent obvious efforts of North Korea to disturb peace in this region has not gone unnoticed. Today North Korea has warned Japan of a nuclear attack in response to Japan's request for the global community to apply pressure to force North Korea to give up its nuclear program.
How realistic is the launch of a nuclear attack and its retaliation from the USA and the world? What would be the economic and financial impact on India?