All this despite North Korea's inability to feed its own people or get a missile's third stage to work properly. All this after a transparent pr campaign to convince it's own people that music is being piped from magical floating satellites in space, despite the fact North Korea can't actually seem to get a missile into space.
We're terrible at estimating risk, or threat. News stories create a top-of-the-head effect and we see the disease of the week or threat of the week as more likely to occur than it statistically is. Yeah, North Korea is nuts and is a threat, but I wonder now whether stories about the flubbed missile launch will reduce this perception. And whether that's a good idea.