Monday, February 3, 2014

North Korea

Even though I've researched quite a bit on N.korea in the past year, this book is proving to be a page turner... 

It confirms the info I've gathered, but with more details.

It tells of the entrepreneurial spirits of the N.korean people, when given the smallest of openings by their govt. 

It tells of the thriving black market, which provides goods and services where govt had failed - yet another proof that free people provide for themselves best.

It shows the unprecedented public display of anger against the govt in 2009/2010 due to massive devaluations of the currency that wiped out a lifetime of savings. The govt supposedly did a public apology to contain the anger.

In many cases, this looks like what happened in East Germany right before the merger, something unimaginable just a little over 2 decades ago.

And etc etc.

I cant wait to get my hands on Nkorean gold coins. It's a bet that the current regime will not be around in the forseeable future.

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