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bassexpander
Joined: 13 Sep 2007
Location: Someplace you'd rather be.
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 Posted: Tue Jan 05, 2010 4:24 pm Post subject: North Koreans "robbed" by their own gov't |
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http://english.chosun.com/site/data/html_dir/2010/01/06/2010010602212.html
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According to a North Korean source, 1 kg of rice cost about 30 won right after the currency reform but is now closing in on 1,000 won. The U.S. dollar was exchanged at the rate of 75 won to the greenback right after the currency reform but soared to 400 won in late December. There is speculation that it is now only a matter of time before the rate will reach 3,000 won, the same as the unofficial exchange rate of the old won.
Market traders are angry as they have realized that they were robbed of nearly everything they earned. A former senior North Korean official said, "The latest currency reform is more cruel than the previous reform in 1992. It's tantamount to the state confiscating 99 percent of people's money." |
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redaxe
Joined: 01 Dec 2008
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| Posted: Tue Jan 05, 2010 5:16 pm Post subject: |
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| This botched currency "reform" coupled with a particularly harsh winter, could be the final straw that breaks the camel's back. They have banned foreigners from entering the country, and completely banned the use of foreign currency. The only way I can see them getting through this in one piece is with massive food aid from China and/or South Korea, which they very well may get. |
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Forever
Joined: 12 Nov 2009
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| Posted: Tue Jan 05, 2010 5:20 pm Post subject: |
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If it breaks the camels back, and the common people revolt, that is the best thing to happen.
Its the easiest of getting rid of the North Korean regime without any outsider interference (except afterwards to help stabilse and maybe reunify them). |
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jvalmer
Joined: 06 Jun 2003
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| Posted: Tue Jan 05, 2010 5:26 pm Post subject: |
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| The sooner NK collapses, the better it will be financially for all countries involved. Some gambling website should have wagers going on to when it will collapse. |
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nautilus
Joined: 26 Nov 2005
Location: Je jump, Tu jump, oui jump!
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| Posted: Tue Jan 05, 2010 5:32 pm Post subject: |
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| jvalmer wrote: |
| The sooner NK collapses, the better it will be financially for all countries involved. Some gambling website should have wagers going on to when it will collapse. |
I doubt it will collapse.
A people that have no weapons, no energy, used to having zero power and afriad to express an opinion because their own family members could turn them in....will be opressed indefinitely. They're trapped.Besides...Koreans are conditioned to obey everything from above, in a heirarchy. Rebellion is not in their language.
The only thing to potentially collapse it would be a military coup or outside intervention. Neither of which is likely. |
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crescent
Joined: 15 Jan 2003
Location: yes.
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| Posted: Tue Jan 05, 2010 6:33 pm Post subject: |
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| jvalmer wrote: |
| The sooner NK collapses, the better it will be financially for all countries involved. Some gambling website should have wagers going on to when it will collapse. |
How can you possibly arrive at such a conclusion? The results would be financially crippling for it's neighbors. Much worse than the collapse of East Germany. |
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Konglishman
Joined: 14 Sep 2007
Location: Nanjing
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| Posted: Tue Jan 05, 2010 7:08 pm Post subject: |
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| crescent wrote: |
| jvalmer wrote: |
| The sooner NK collapses, the better it will be financially for all countries involved. Some gambling website should have wagers going on to when it will collapse. |
How can you possibly arrive at such a conclusion? The results would be financially crippling for it's neighbors. Much worse than the collapse of East Germany. |
You are assuming that in the event of North Korea's collapse, it would immediately reunite with South Korea. Frankly, based on the very little I have read, that would not happen. More likely, with the help of China, the USA, and other interested governments, a new and friendlier government would be set up in North Korea. Reunification probably will not happen until North Korea develops to an economic level that is somewhat on par with South Korea. |
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crescent
Joined: 15 Jan 2003
Location: yes.
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| Posted: Tue Jan 05, 2010 7:47 pm Post subject: |
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| Konglishman wrote: |
| crescent wrote: |
| jvalmer wrote: |
| The sooner NK collapses, the better it will be financially for all countries involved. Some gambling website should have wagers going on to when it will collapse. |
How can you possibly arrive at such a conclusion? The results would be financially crippling for it's neighbors. Much worse than the collapse of East Germany. |
You are assuming that in the event of North Korea's collapse, it would immediately reunite with South Korea. Frankly, based on the very little I have read, that would not happen. More likely, with the help of China, the USA, and other interested governments, a new and friendlier government would be set up in North Korea. Reunification probably will not happen until North Korea develops to an economic level that is somewhat on par with South Korea. |
I wasn't thinking of reunification at all.
I was thinking of 25 million people scraping by with no social, agricultural, or technological infrastructure. China and the US co-operating with South Korea to set up a government still means pumping billions of dollars into the country for decades. |
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jvalmer
Joined: 06 Jun 2003
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| Posted: Tue Jan 05, 2010 8:13 pm Post subject: |
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| crescent wrote: |
| jvalmer wrote: |
| The sooner NK collapses, the better it will be financially for all countries involved. Some gambling website should have wagers going on to when it will collapse. |
How can you possibly arrive at such a conclusion? The results would be financially crippling for it's neighbors. Much worse than the collapse of East Germany. |
The later it happens, the more financially crippling it will be.
If it happens, the average SKoreans won't lose their comfortable houses, cars and electricity in the event of a collapse of NK. There will be hardship but it won't be catastrophic for the average Southerner, and they will continue on with lifes trying to put food on the table.. |
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redaxe
Joined: 01 Dec 2008
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| Posted: Tue Jan 05, 2010 8:25 pm Post subject: |
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| crescent wrote: |
| Konglishman wrote: |
| crescent wrote: |
| jvalmer wrote: |
| The sooner NK collapses, the better it will be financially for all countries involved. Some gambling website should have wagers going on to when it will collapse. |
How can you possibly arrive at such a conclusion? The results would be financially crippling for it's neighbors. Much worse than the collapse of East Germany. |
You are assuming that in the event of North Korea's collapse, it would immediately reunite with South Korea. Frankly, based on the very little I have read, that would not happen. More likely, with the help of China, the USA, and other interested governments, a new and friendlier government would be set up in North Korea. Reunification probably will not happen until North Korea develops to an economic level that is somewhat on par with South Korea. |
I wasn't thinking of reunification at all.
I was thinking of 25 million people scraping by with no social, agricultural, or technological infrastructure. China and the US co-operating with South Korea to set up a government still means pumping billions of dollars into the country for decades. |
A collapse of the DPRK would create new problems, but it could solve others. It would provide a steady stream of cheap labor as well as wives for rural South Korean men (of course then the North Korean men would need to start importing Filipinas and Viets). That could help improve the current low birth rate, as well as stem inflation. Also the South Korean population would have some extra land to spread themselves out into because North Korea is underpopulated.
North Korea is in as bad a state as it's ever been, and Kim Jong Il has pancreatic cancer so he could croak any minute now, or five years from now. But it will change sometime, and I think the Korean peninsula will suddenly become very interesting.
Personally I wish I could visit Baekdusan from the North Korean side, and look for the monster that lives in Heaven Lake!  |
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itaewonguy
Joined: 25 Mar 2003
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| Posted: Tue Jan 05, 2010 9:49 pm Post subject: |
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I really dont get it... in the not so distant past countries would attack and take other countries.. I mean when did this stop??
North Korea is a sitting duck... why doesn't the South/Japan and USA just take that place.. divide up the land and contracts and be done with it...
it will open up europe for japan and Korea.. wont be long after that we see a super train from Seoul right into Moscow!
Get rid of North Korea.. they are slowing down production and sitting on good land which is going wasted...
I hope after the waste in Iraq and Afganastan is over they move to North Korea.. will be awesmoe once North Korea is under the souths rule and its one Country and Kim jong Il is imprisoned or killed! |
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redaxe
Joined: 01 Dec 2008
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| Posted: Tue Jan 05, 2010 10:03 pm Post subject: |
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| itaewonguy wrote: |
I really dont get it... in the not so distant past countries would attack and take other countries.. I mean when did this stop??
North Korea is a sitting duck... why doesn't the South/Japan and USA just take that place.. divide up the land and contracts and be done with it...
it will open up europe for japan and Korea.. wont be long after that we see a super train from Seoul right into Moscow!
Get rid of North Korea.. they are slowing down production and sitting on good land which is going wasted...
I hope after the waste in Iraq and Afganastan is over they move to North Korea.. will be awesmoe once North Korea is under the souths rule and its one Country and Kim jong Il is imprisoned or killed! |
It stopped when nuclear weapons were invented--at least for the countries that have managed to get their hands on nuclear weapons.
North Korea is basically just a piece of land, the costs and risks of invading it far outweigh any strategic or natural resource benefits that the invading country would reap. South Korea doesn't have the political will to do it themselves, and they wouldn't stand for letting the US or China do it. |
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Forever
Joined: 12 Nov 2009
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| Posted: Tue Jan 05, 2010 10:07 pm Post subject: |
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| itaewonguy wrote: |
I really dont get it... in the not so distant past countries would attack and take other countries.. I mean when did this stop??
North Korea is a sitting duck... why doesn't the South/Japan and USA just take that place.. divide up the land and contracts and be done with it...
it will open up europe for japan and Korea.. wont be long after that we see a super train from Seoul right into Moscow!
Get rid of North Korea.. they are slowing down production and sitting on good land which is going wasted... |
South Korea would NEVER allow Japan or the USA to go into North Korea to "divide up the land".
Many South Koreans still blame and hold anger against the USA and Japan for Korea being divided up in the first place.
Of course it wasn't Japan or the USA's fault - but many Koreans still teach their children that it was.
You think the South whilst singing "We LOVE Dokdo" would ever allow Japan to enter in to North Korea?
Do you think the USA wants to provoke China by going into the North to take it over, even if they had South Koreans by their side?
The best and only way, is to have the North Koreans revolt, destroy the regime and then the South and USA can go in their, simply to help them re-establish themselves under a new "democratically elected" government. |
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jvalmer
Joined: 06 Jun 2003
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| Posted: Tue Jan 05, 2010 10:26 pm Post subject: |
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| Forever wrote: |
Of course it wasn't Japan or the USA's fault - but many Koreans still teach their children that it was. |
You are wrong, it was a combination of miscalculated moves, that go back to the mid 1800's to 1954, that helped divide Korea. You can make an argument for quite a few countries, but mostly it's the US, Japan, Russia, China, and Korea herself that are all partially to blame for the division. |
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itaewonguy
Joined: 25 Mar 2003
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| Posted: Tue Jan 05, 2010 10:59 pm Post subject: |
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| Forever wrote: |
South Korea would NEVER allow Japan or the USA to go into North Korea to "divide up the land".
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I really don't see how the South could stop the US from doing it..
all the US have to do is say, "oh yeah, we are gonna invade the North and take the land" sorry..... we need it for a strategic purposes you guys don't need it anyway.. you can try and stop us if you want... goodluck!
now if Japan tried to take it from the north east russian area, then I don't see how the South can get involved! they are not under attack.. so they should just sit back and not get involved! as the world progressing into the future and the world has come out of a depression and world wars, everyone knows the most valuable commodity is land! all the realestate has pretty much been bought up and families are hanging onto those properties and becoming more and more rich!
wont be long before we see more invasions! population increase and land shrinks! militaries grow more powerful, the next logical move is to attack a weaker country.. its been done for thousands of years in the past.. I see this period of time nothing more than a vacation... but wars will resume soon! humans are designed for wanting more.. GREED! never satisfied! |
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