3 ms·
It's almost comical the different ways that North Korea tries to make money. Kim Jong Un is almost like a comic supervillain with his own country. Among other
by toomanybeersies 9y ago
It's almost comical the different ways that North Korea tries to make money. Kim Jong Un is almost like a comic supervillain with his own country.
Among other things, they engage in:
* Manufacturing methamphetamine https://www.talkingdrugs.org/north-korea-increasing-crystal-meth-production-to-economic-sanctions https://www.talkingdrugs.org/north-korea-increasing-crystal-...
* Fake money https://news.vice.com/article/north-koreas-counterfeit-benjamins-have-vanished https://news.vice.com/article/north-koreas-counterfeit-benja...
* Counterfeit cigarettes and pharmaceuticals
* People trafficking
* A restaurant chain: https://en.wikipedia.org/wiki/Pyongyang_(restaurant_chain) https://en.wikipedia.org/wiki/Pyongyang_(restaurant_chain)
* Statues for African dictators: http://www.bbc.com/news/magazine-35569277 http://www.bbc.com/news/magazine-35569277
Their embassies are also expected to make a profit and sustain themselves, while sending money home.
The North Korean Embassy in Pakistan was suspected to be bootlegging alcohol: https://www.reuters.com/article/us-pakistan-northkorea-insight/in-pakistan-north-korean-diplomats-alcohol-stash-raises-bootlegging-suspicions-idUSKBN1D80XG https://www.reuters.com/article/us-pakistan-northkorea-insig...
They rent out embassy owned land for a youth hostel in Berlin: https://www.washingtonpost.com/news/worldviews/wp/2017/10/05/germany-is-struggling-to-shut-down-a-hostel-funding-north-korea-the-hostel-is-fighting-back/ https://www.washingtonpost.com/news/worldviews/wp/2017/10/05...
They also smuggle ivory in Africa: https://www.economist.com/news/middle-east-and-africa/21729543-rhino-horn-and-ivory-smuggling-help-fund-regime-pyongyang-africa https://www.economist.com/news/middle-east-and-africa/217295...
It's almost comical. The North Korean regime is completely morally bankrupt.
- closeparen 9y agoSanctions shut them out of the legitimate economy. Probably easiest make money in the black market for illegal goods than in the black market for goods everyone else can sell legally.
- yakitori 9y agoThat's pretty much how most countries made money. Opium wars, slave trade, etc.