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On February 17 2013 09:26 YoucriedWolf wrote:
Interesting.
So when people say 90% of the worlds heroin is coming from afghanistan they really have no numbers on NK export?
The 90% thing is a myth. The intelligence agencies are really just fucking terrible at tracking China White. Mostly because Chinese labs modify their products to make it look like Afghan White so as to stay out of the limelight. Less exposure = less policing. SE Asian golden triangle still pushes out plenty of product. I'd wager NK's opium fields are trafficked through SE Asia and out into the international market, NOT through China which is for the most part a wasteland for high-volume trafficking.
I know this coz I read da books...
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Im just here to agree with the croud that commented about never ignoring a title with north korea in it lol
but seriously. what. are. we. doing. with. them.
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To be honest that doesn't make sense, if they don't have any relations with outside economies they can do with their currency what they want.
Need money for workers?Print it. Need money for military? Print it. They don't sell their bonds, they don't owe debt to anyone, so I don't even see how financing should be a problem for NK in the first place.
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On February 17 2013 10:26 Vivax wrote:
To be honest that doesn't make sense, if they don't have any relations with outside economies they can do with their currency what they want.
Need money for workers?Print it. Need money for military? Print it. They don't sell their bonds, they don't owe debt to anyone, so I don't even see how financing should be a problem for NK in the first place.
You really don't understand economics if you think printing more money will solve the problem.
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United States42701 Posts
On February 17 2013 10:26 Vivax wrote:
To be honest that doesn't make sense, if they don't have any relations with outside economies they can do with their currency what they want.
Need money for workers?Print it. Need money for military? Print it. They don't sell their bonds, they don't owe debt to anyone, so I don't even see how financing should be a problem for NK in the first place.
Ah, the Zimbabwe economic model.
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On February 17 2013 03:49 zev318 wrote:
UN sanctions are about as useful as tits on a nun
Lol, quoted for truth.
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I thought China was a huge financial backer as well?
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China has its own sanctions, but they still continue to supply oil and food to North Korea.
In 2006 the US froze some bank accounts in Macau that were suspected of being related to Kim Jung Il, and NK seemed pretty sensitive about it. As far as I know, NK leaders still have a ton of other secret bank accounts spread across China and probably other countries too.
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On February 17 2013 10:32 KwarK wrote:Show nested quote +On February 17 2013 10:26 Vivax wrote:
To be honest that doesn't make sense, if they don't have any relations with outside economies they can do with their currency what they want.
Need money for workers?Print it. Need money for military? Print it. They don't sell their bonds, they don't owe debt to anyone, so I don't even see how financing should be a problem for NK in the first place. Ah, the Zimbabwe economic model.
The economic model that gives you more money than the endgame of a JRPG :D
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On February 17 2013 10:26 Vivax wrote:
To be honest that doesn't make sense, if they don't have any relations with outside economies they can do with their currency what they want.
Need money for workers?Print it. Need money for military? Print it. They don't sell their bonds, they don't owe debt to anyone, so I don't even see how financing should be a problem for NK in the first place.
printing money nonstop leads to runaway inflation which leads to worthless currency..
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On February 17 2013 03:49 zev318 wrote:
UN sanctions are about as useful as tits on a nun
Used to be the exact opposite in the 90s when the US ran the world. Russia's restoration and China's rise has made the UN "useless" again. Still, imho, it's better for the UN to be "useless" than to be what one country uses to justify and enforce its actions.
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All the people in charge know they cant buy shit with the local currency they all seek for $$$.
Its the third biggest Army in the world currently, you cant just print that much money.
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On February 17 2013 11:14 Chilling5pr33 wrote:
All the people in charge know they cant buy shit with the local currency they all seek for $$$.
Its the third biggest Army in the world currently, you cant just print that much money.
Nor can you buy rare earths, electronic components, oil, plutonium, etc with NK won. The guy who first proposed this ridiculous idea doesn't understand the notion of interdependent economies lol
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EPT
