[TigerLikesRooster]

Kim Jong-un's cash reserve is running low. Part of it could be that he wasted lots of money for flash projects with no economic benefit(water park, ski resort, to name two.) There is a report that one of Jang's associates defected and divulged information on bank accounts of NK's secret funds, ones which were still kept hidden. So they may have been dealt with. On top of that, China can lock up NK accounts at Chinese banks.

NK regime uses carrot and stick to maintain loyalty of core elites. We know what their "stick" is, a sweeping brutal purge. The carrot is to shower underlings with cash and luxury goods. Now it is all "stick" and little carrot. This creates a real problem for Kim.

[miele man]

Thank you. I suspected the “flash projects” were cash drains (you and discussed this once before). I had read about the secret account of Jang as well. I had not thought about the Chinese locking up NK accounts. Good point.

Have to wonder if Kim is squirreling away funds in a Swiss account for the day when he has to abdicate and abscond. He might have to “book it” soon. Might be an expensive proposition since he’d have to have a private army to protect himself and to bankroll it/them. Just thinking out loud.