Posted on 09/07/2014 5:12:48 AM PDT by TigerLikesRooster
North Korea Owes Sweden €300m for 1,000 Volvos It Stole 40 Years Ago - And Is Still Using
By John Ericson / August 29, 2014 6:43 AM EDT
North Korea’s foremost trade debt to the western world is bizarre even by North Korean standards. Each time the administration misses a payment, as it has done every year for the past 40 years, we are reminded of one of the most unexpected political twists of the last century: Kim Il-sung scamming Sweden out of 1,000 Volvo 144 sedans.
It is a story that is just as strange as it sounds – and, in 2014, it shows how North Korea’s grand aspirations and increasingly bellicose rhetoric may founder on a chronic inability to assess its own financial ability. Judging by emerging tourist footage and rogue documentaries, it may also be an unexpected testament to the durability of Swedish engineering.
(Excerpt) Read more at newsweek.com ...
It’s got to be sad for North Korean’s knowing they live in the worst country in the world. Even Cuba’s better.
I doubt that's the saddest thing about living in N. Korea.
Good point... I guess that’s just a small piece of their overall misery...
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