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Upshot of the article (at 8:30 p.m. U.S. Eastern Sunday):

--The North Korean (KPA) Korean Peoples Army, concerned about popular uprising growing in North Korean over the recent devaluation of the NK currency, has expressed worries and accordingly has gone on a sub-war footing in response and in advance.

--The information came out of North Korea from a Russian diplomat who reported it to the mainline Russian economic news source Kommersant (Коммерсантъ ), and was then relayed in the Korean language and then into Japanese on the Chosun site from South Korea.

--North Korea has ordered shops closed. People who have the old usely notes cannot use them. The popular sentiment among the North Korean people is that "the North Korean leadership has just boldly stolen from them without inpunity."

--Not just the average North Korean people are affected. FOREIGN DIPLOMATS STATIONED TO PYONGYANG ARE ANGRY AND HAVE FORMED GROUPS AND ARE TELLING THE NORTH KOREAN AUTHORITIES THEY WANT THE DEVALUATION RESCINDED AND THEIR CURRENT /OLD NOTES RESPECTED.

--North Korean Supreme Military Authority has issued shoot-to-kill orders on the Chinese-DPRK border for anyone trying to leave. Authorities are afraid of massive escapes by "middle class North Koreans with gold", getting out while they can. They accordingly want to zip up the country ASAP with such an order.

--South Korean government says there are no major reports of large scale demos or group defections, but since the North Korean people would have a difficult time organizing in such a police state, their only other option would be to flee the country, therefore the NK leadership is taking this preemptive action.

--In Hamgyonbukdo region's Chonjin City (清津市)and and Pyonganando region's Pyongsong (平城市) City, etc. there have been reports of the North Korea People starting to deface and rip up of the new DPRK currency notes with the image of deceased leader Kim Il Sung's photo on them; this cause the local Public Security Bureau of North Korean police to go on emergency alert.

--Reports of a death now in Ryongando over the currency exchange. Either an official or a citizen was pummeled to death over an argument. Anti Kim Jong il grafitti and circulars are starting. A woman running a cosmetics shops was taken into custody for yelling at the North Korean Worker's (Communist) Party authorities as well.

--Other issues such as cities not receiving the new denominations but then the period to exchange the old notes running out, is causing anger and confusion.

--Heart attacks (of elderly losing most of their savings in one fell swoop), suicides and arson reports are also emerging from North Korea (this from other multiple Asian news sources I found).

(End my summary/translation)

1 posted on 12/06/2009 5:34:55 PM PST by AmericanInTokyo
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To: AmericanInTokyo

Nice to see that socialism is still leaping from one great victory to the next. Clearly, we need more of that over here in the West!


125 posted on 12/07/2009 5:44:19 AM PST by cartan
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To: AmericanInTokyo
but since the North Korean people would have a difficult time organizing in such a police state, their only other option would be to flee the country, therefore the NK leadership is taking this preemptive action.

Let me guess...no Second Amendment right to bear arms in North Korea.

158 posted on 12/07/2009 6:58:52 AM PST by PJ-Comix ("They spent a trillion dollars on a guess?" ---Astute DUmmie observation)
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To: AmericanInTokyo
Their currency is being devalued? What...from 10 billion to the dollar to 11 billion to the dollar?
174 posted on 12/07/2009 8:10:04 AM PST by Gay State Conservative (Host The Beer Summit-->Win The Nobel Peace Prize!)
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To: AmericanInTokyo; TigerLikesRooster
Another Breaking:

High Level North Korean Defector Hwang Jang Yop, former Secretary of the (North) Korean Workers Party and very close to Kim Jong il for years today in South Korea reveals the existence of underground secure facilities for Kim Jong-il in Pyongyang that are built 300 meters below the surface. Their subway is 150 meters below. I have 300 meters as 600 feet. Almost the depth of the length of two Saturn V rockets put together end to end. Gonna take a few hits of Uncle Bunker Buster to create a crater and then go for the kill, if push comes to shove. Probably best to just pour some nasty industrial strength raid down there and just seal it up at the exits so Chia Pet will be down there, Twilight Zone style, for a lonnnnnng time. (Yonghap News tonight, Asia time)

209 posted on 12/08/2009 2:03:35 AM PST by AmericanInTokyo (The only thing between North Koreans & their long sought freedom: Barack Hussein Obama. mm mm mmm!)
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