Will the Trump-Kim war of words go nuclear or lead to talks?
Andrew Sheng hopes common sense will prevail in an era of asymmetric warfare, which highlights the limits of a unipolar order. But meanwhile, market speculators may be responding in the correct way to long-term uncertainty

During my recent trip to the Middle East, where I visited a refugee camp – the fallout of conventional warfare – I brought along More on War by Martin van Creveld, an Israeli military historian best known for his 1991 book, The Transformation of War – from conventional warfare to terrorism. More on War is an update on the theories of war by two classical thinkers, fifth-century-BC Chinese strategist Sun Tzu and the 19th-century Prussian general Carl von Clausewitz.
Donald Trump and Kim Jong-un: a war of words
Sun Tzu’s Art of War is a classic, because he was the first to think through the psychological part of strategy, that is, in order to win, a person must not only understand the enemy, but most of all, understand and master themselves. Clausewitz’s works on war and strategy became the standard text on Western military thinking, placing war within its political context, with tenets such as: “War is nothing but a continuation of politics with the admixture of other means” or “war, therefore, is an act of violence intended to compel our opponent to fulfil our will”.