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Rice prices skyrocket in North Korea
http://www.globalpost.com/dispatch/news/regions/asia-pacific/130310/rice-prices-skyrocket-north-korea ^

Posted on 03/10/2013 1:56:08 PM PDT by Orange1998

The price of rice in North Korea has jumped from 5,000 won per kilogram to 9,000 won, Nambuk Story reported. Other groceries have also increased in price by approximately 70 percent.

As the English-language Ask A Korean! blog explains, the jump is likely the result of China's crackdown against smuggling across the China-North Korea border. China began enforcing anti-smuggling laws as an unofficial sanction against North Korea's nuclear tests.

More from GlobalPost: North Korea formally rejects UN sanctions

These unofficial sanctions also come several says after the UN Security Council imposed a fourth round of sanctions against North Korea. These are the UN's strictest sanctions against North Korea to date, the Wall Street Journal reported.

The jump in rice prices will likely have tragic results for North Korea's poor, malnourished population. The United Nations has long said that millions of North Korean children are being deprived of the food they need to develop. Nearly a third of children under five show signs of stunting, the Guardian reported last year.

In December, John Sifton wrote in GlobalPost that the North Korean nuclear weapons tests are distracting the public "from the real threat that the regime poses to its own people: the government’s actualization of violence, suffering, and death for its own citizenry."


TOPICS: Business/Economy; Foreign Affairs; Government; News/Current Events
KEYWORDS: northkorea
With China on board the sanctions will be devastating.
1 posted on 03/10/2013 1:56:09 PM PDT by Orange1998
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To: Orange1998

Starving commie scum salute!


2 posted on 03/10/2013 2:05:06 PM PDT by rrrod (at home in Medellin Colombia)
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To: Orange1998

I think our socialist media comrades got the story wrong. North Korea is a communist paradise. Everyone just works for everyone else and whatever you need, you get. Nobody over there is starving. everyone is happy. The fences are up so that the hoardes of capitalists won’t invade and take all the riches of the communist paradise, not to keep anyone from leaving. You don’t try to escape heaven on earth.

This is capitalist propaganda.

I don’t know how the MSM socialist libtards slipped up like this.


3 posted on 03/10/2013 2:05:36 PM PDT by Secret Agent Man (I can neither confirm or deny that; even if I could, I couldn't - it's classified.)
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To: Secret Agent Man

And I forgot to mention it is also the safest place on earth for the communist citizens, they are all disarmed, so there is no violence. The state has all the weapons, and the state never ever harms their own people with those weapons, and since under communism all your needs are met, and you work and fill others’ needs, they are totally safe from any harm because there’s no crime, and no abuse of power from the government.


4 posted on 03/10/2013 2:08:31 PM PDT by Secret Agent Man (I can neither confirm or deny that; even if I could, I couldn't - it's classified.)
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To: Orange1998

Yeah, it looks like NK is headed for internal or external war. As I’ve said before, I think a general will attempt to get rid of the youngUn.

Some questions:
1. Are people armed at Kim Jong Un’s official visits?
2. Didn’t NK say they would launch another missile after the “nuke test”, but didn’t?
3. Any predictions about what will happen during the SK/US wargames next week?


5 posted on 03/10/2013 2:21:31 PM PDT by struggle (http://killthegovernment.wordpress.com/)
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To: Orange1998; TigerLikesRooster

isn’t the monthly income something like 5,000 won?

Hardly enough for a bag of rice

they’d all starve without the black market


6 posted on 03/10/2013 2:35:45 PM PDT by GeronL (http://asspos.blogspot.com)
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To: struggle

youngUn... good one

I call him Kim3 rhymes with kimchee


7 posted on 03/10/2013 2:36:52 PM PDT by GeronL (http://asspos.blogspot.com)
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To: Secret Agent Man

Another slant.

Whoops. I meant another NK point of view.

http://www.liveleak.com/view?i=df8_1362850413


8 posted on 03/10/2013 2:38:03 PM PDT by MurrietaMadman
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To: Orange1998
"Yeah, but they aren't real Communists. It'll work great if they would just do it right!"

-Typical western Lib
9 posted on 03/10/2013 2:38:22 PM PDT by VanDeKoik
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To: Secret Agent Man

North Korea’s problem isn’t Central Planning, it’s just that they don’t have the right Central Planners doing the central planning.


10 posted on 03/10/2013 2:40:04 PM PDT by Tea Party Terrorist (Those who work for a living are now outnumbered by those who vote for a living.)
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To: struggle

Answer to question number 1,
Sure about as armed as they are allowed to be when obammy shows his sorry ass.
Answer to question number 3,
Attack south as a diversion from starvation..


11 posted on 03/10/2013 2:42:25 PM PDT by Joe Boucher ((FUBO))
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To: Orange1998

What we’ll see here, as more civil (constitutional) rights are violated (e.g., the Second Amendment).


12 posted on 03/10/2013 2:44:16 PM PDT by familyop (We Baby Boomers are croaking in an avalanche of rotten politics smelled around the planet.)
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To: MurrietaMadman

Lots of Americans in poverty and hungry and we still send billions to egypt, iraq, syria etc.


13 posted on 03/10/2013 2:44:46 PM PDT by Joe Boucher ((FUBO))
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To: Tea Party Terrorist

NKs problem is the military takes 70% of the GDP. Then they raid farms for extra food.


14 posted on 03/10/2013 3:43:18 PM PDT by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: Orange1998
How can there be prices in a Marxist country?

I thought everyone already owned everything.

Someone should ask Rachel Maddow just so we could all watch her head explode.

15 posted on 03/10/2013 5:12:45 PM PDT by BfloGuy (The final outcome of the credit expansion is general impoverishment. -Ludwig von Mises)
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To: GeronL

The website xe.com, which reports the current foreign currency exchange rates, states that $1.00 US buys 131.701 NORK “won”. This means that, within North Korea, rice is going for $68.33 per pound.

By contrast, the US Bureau of Labor Statistics reports that the average retail price of a pound of rice (uncooked) in the USA as of January, 2013 is $0.715.


16 posted on 03/10/2013 8:16:16 PM PDT by nd76
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To: nd76

I made a mistake; it is $68.33 per kilogram (2.2046 lbs.) in the dPRK. This converts to $31.00 per pound.


17 posted on 03/10/2013 8:19:02 PM PDT by nd76
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To: nd76

Wow.

That is pretty crazy


18 posted on 03/10/2013 8:25:41 PM PDT by GeronL (http://asspos.blogspot.com)
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To: nd76

That is still pretty crazy

Of course I am not sure how we can really know what an exchange rate is with a backward country like that governed by Kim3


19 posted on 03/10/2013 8:29:46 PM PDT by GeronL (http://asspos.blogspot.com)
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To: nd76

Rice is a staple wonder what a steak cost?


20 posted on 03/10/2013 8:38:14 PM PDT by Orange1998
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