The outbreak of military conflict on the Korean Peninsula would be destabilizing and could possibly result in a global war, according to Citi’s top global political analyst. While it was impossible to put a number on the scale of the North Korea risk, war games carried out through history have simulated what could happen as a result, said Tina Fordham, managing director and chief global analyst at Citi. “A

conflict on the Korean Peninsula would not only be very disruptive in the region, but could potentially lead to World War III because of the U.S. security guarantee, so it would be internationalized overnight,” Fordham told CNBC’s “Street Signs” on the sidelines of the Milken Institute Asia Summit in Singapore. READ MORE