NKorea Foreign Ministry official criticises joint US-SKor exercises

The video discusses the joint military exercises conducted by the US and South Korea starting February 27, despite warnings from North Korea and neighboring countries. These exercises have heightened tensions on the Korean Peninsula. The timing of these exercises is criticized as inappropriate, given the recent diplomatic talks and the mourning period in North Korea. The video emphasizes North Korea's readiness for both dialogue and conflict, warning against underestimating their military preparedness.

What does the text imply about the consequences of underestimating the military capabilities of the North?

According to the text, what is the stance of the military and people regarding dialogue and war?