To: GeronL; AmericanInTokyo; AdmSmith
N. Korea's Supreme People's Assembly just ended a few days ago. It was supposed to approve sweeping economic reform measures. Instead it only managed to approve mandatory 12-year education. Something went wrong. Words have been coming out of NK for months which indicated that momentum was building up for economic reform, and observers in SK expected that it will culminate in the Assembly's approval of sweeping economic reforms. Very anti-climatic development. Another indication that things are not well in NK
27 posted on
10/01/2012 5:14:38 PM PDT by
TigerLikesRooster
(The way to crush the bourgeois is to grind them between the millstones of taxation and inflation)
To: TigerLikesRooster
They did some piddling little farm reform thing a bit back and nothing much seems to have come from that.
I am oh so close to making Kim Jung-eun a parody target for my new blog.
28 posted on
10/01/2012 6:33:56 PM PDT by
GeronL
(http://asspos.blogspot.com)
To: TigerLikesRooster; gandalftb; nuconvert
On top of that they have problem with the currency:
The Korean Peninsula has just celebrated Chuseok, the traditional harvest festival of the Korean people.
However, rising Chinese Yuan exchange rates have driven price inflation in North Korea to an extreme level in recent months, making it difficult for those without access to sufficient foreign currency to prepare the customary Chuseok ‘ancestral rites’ table.
http://www.dailynk.com/english/read.php?cataId=nk01500&num=9869
Not an easy task to be a Supreme Leader! Both Supreme Leaders (NK and Iran) have similar problems.
29 posted on
10/03/2012 3:01:09 AM PDT by
AdmSmith
(GCTGATATGTCTATGATTACTCAT)
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