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4/18/2021 9:59:29 PM
Posted: 4/20/2017 5:28:27 AM EDT
Kind of an interesting article on how Best Korea can afford to finance its big ticket military items.

I remember years ago, back during the Cold War and the old Soviet Union, sitting in an intelligence briefing where an analyst was talking about Russia, and specifically their military spending in proportion to their overall GNP as a whole, and he described the USSR as "like a midget with a gigantic right arm."

North Korea is very similar, and it is a very apt analogy for them too.  Their overall economy is puny compared to that of South Korea, but they invest enormously in their military, and don't particularly care if their people are actually resorting to cannibalism from time to time due to hunger.

But where DO they get their money?

From the article:

“The overt economy is predominantly sales of natural resources.  The covert economy is harder to estimate, but consists of weapons sales, the counterfeiting of U.S. $100 bills . . . production and distribution of illegal narcotics, cigarettes and pharmaceuticals, including Viagra, insurance scams, money laundering, and cybercrime.”

Very interesting that they are involved in counterfeiting of US currency among other things.

$$$$ - How Best Korea Does It
Link Posted: 4/20/2017 5:39:46 AM EDT
I watched a documentary that said after the korean war simmered down, due to Soviet investment, Best Korea actually surpassed the south in economic development for a while... Surprised the shit out of me...
Link Posted: 4/20/2017 5:51:07 AM EDT
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Quoted:
I watched a documentary that said after the korean war simmered down, due to Soviet investment, Best Korea actually surpassed the south in economic development for a while... Surprised the shit out of me...
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Interesting - I have never heard that.

Must have been for a very short period of time, and a long time ago.

Link Posted: 4/20/2017 6:10:46 AM EDT
They send their citizens to work as slaves in Russia and the Persian Gulf too.  Logging in Russia, construction in the emirates.
Link Posted: 4/20/2017 6:51:40 AM EDT
Yep, lots of drug running out of North Korea.  They also have people doing the plausible deniability work many countries want done but don't want to go near.  That being, hits on political enemies, developing WMD's, intel gathering, gun running, etc.  Norks have been popping up in places they really shouldn't be for years.
Link Posted: 4/20/2017 7:19:52 AM EDT
Link Posted: 4/20/2017 7:23:09 AM EDT
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Quoted:
I watched a documentary that said after the korean war simmered down, due to Soviet investment, Best Korea actually surpassed the south in economic development for a while... Surprised the shit out of me...
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It was true. The West/US didn't heavily invest into South Korea until the Vietnam War. 
Link Posted: 4/20/2017 7:25:09 AM EDT
Fake $100's?
That's it. Bomb the shit outta them.
Link Posted: 4/20/2017 7:32:34 AM EDT
There has got to be a reason that the west hasn't taken over NK yet. Could we be benefiting somehow from something the norks are doing?
Link Posted: 4/20/2017 7:34:27 AM EDT
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Interesting - I have never heard that.

Must have been for a very short period of time, and a long time ago.

https://www.AR15.Com/media/mediaFiles/49274/Korea-191315.jpg
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Quoted:
Quoted:
I watched a documentary that said after the korean war simmered down, due to Soviet investment, Best Korea actually surpassed the south in economic development for a while... Surprised the shit out of me...
Interesting - I have never heard that.

Must have been for a very short period of time, and a long time ago.

https://www.AR15.Com/media/mediaFiles/49274/Korea-191315.jpg
On paper, the North had every advantage - but economics isn't all natural resources plus population numbers and Socialism is failure.
Link Posted: 4/20/2017 7:44:51 AM EDT
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There has got to be a reason that the west hasn't taken over NK yet. Could we be benefiting somehow from something the norks are doing?
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It was my understanding that the massive influx of immigrants (millions) into China, fleeing a war torn NK would be very crippling to China. So much so it's willing to go to war to prevent that. Not sure if it's true or what has changed.
Link Posted: 4/20/2017 7:48:54 AM EDT
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There has got to be a reason that the west hasn't taken over NK yet. Could we be benefiting somehow from something the norks are doing?
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I hear they make the world's finest tinfoil.
Link Posted: 4/20/2017 7:50:44 AM EDT
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IIRC, they were the big reason behind the changes in US currency. So they've been at it for a while.
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Quoted:
Quoted:
Kind of an interesting article on how Best Korea can afford to finance its big ticket military items.

I remember years ago, back during the Cold War and the old Soviet Union, sitting in an intelligence briefing where an analyst was talking about Russia, and specifically their military spending in proportion to their overall GNP as a whole, and he described the USSR as "like a midget with a gigantic right arm."

North Korea is very similar, and it is a very apt analogy for them too.  Their overall economy is puny compared to that of South Korea, but they invest enormously in their military, and don't particularly care if their people are actually resorting to cannibalism from time to time due to hunger.

But where DO they get their money?

From the article:

“The overt economy is predominantly sales of natural resources.  The covert economy is harder to estimate, but consists of weapons sales, the counterfeiting of U.S. $100 bills . . . production and distribution of illegal narcotics, cigarettes and pharmaceuticals, including Viagra, insurance scams, money laundering, and cybercrime.”

Very interesting that they are involved in counterfeiting of US currency among other things.

$ - How Best Korea Does It


IIRC, they were the big reason behind the changes in US currency. So they've been at it for a while.
I read recently that the government is considering discontinuing production of 50 & 100 bills altogether.
Link Posted: 4/20/2017 7:54:05 AM EDT
Link Posted: 4/20/2017 7:54:35 AM EDT
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Fake $100's?
That's it. Bomb the shit outta them.
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Flooding your enemy's country with counterfeit bills to inflate the currency is a very old form of economic warfare, and it can have very serious negative effect on the target country.
Link Posted: 4/20/2017 8:02:05 AM EDT
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Quoted:
They send their citizens to work as slaves in Russia and the Persian Gulf too.  Logging in Russia, construction in the emirates.
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Along with the ~50k (probably more) that work in Kaesong factories, and wages go directly to DORK.
Link Posted: 4/20/2017 8:10:13 AM EDT
Nothing new. The Norks have been counterfeiting US currency for decades,
Link Posted: 4/20/2017 8:11:24 AM EDT
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Quoted:
I hear they make the world's finest tinfoil.
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Quoted:
Quoted:
There has got to be a reason that the west hasn't taken over NK yet. Could we be benefiting somehow from something the norks are doing?
I hear they make the world's finest tinfoil.
Extra thick for space based mind readers

Just thinking outloud...
Link Posted: 4/20/2017 8:13:06 AM EDT
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Quoted:


IIRC, they were the big reason behind the changes in US currency. So they've been at it for a while.
View Quote View All Quotes
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Kind of an interesting article on how Best Korea can afford to finance its big ticket military items.

I remember years ago, back during the Cold War and the old Soviet Union, sitting in an intelligence briefing where an analyst was talking about Russia, and specifically their military spending in proportion to their overall GNP as a whole, and he described the USSR as "like a midget with a gigantic right arm."

North Korea is very similar, and it is a very apt analogy for them too.  Their overall economy is puny compared to that of South Korea, but they invest enormously in their military, and don't particularly care if their people are actually resorting to cannibalism from time to time due to hunger.

But where DO they get their money?

From the article:

“The overt economy is predominantly sales of natural resources.  The covert economy is harder to estimate, but consists of weapons sales, the counterfeiting of U.S. $100 bills . . . production and distribution of illegal narcotics, cigarettes and pharmaceuticals, including Viagra, insurance scams, money laundering, and cybercrime.”

Very interesting that they are involved in counterfeiting of US currency among other things.

$ - How Best Korea Does It


IIRC, they were the big reason behind the changes in US currency. So they've been at it for a while.
This.
Link Posted: 4/20/2017 8:16:39 AM EDT
Quoted:
Kind of an interesting article on how Best Korea can afford to finance its big ticket military items.

I remember years ago, back during the Cold War and the old Soviet Union, sitting in an intelligence briefing where an analyst was talking about Russia, and specifically their military spending in proportion to their overall GNP as a whole, and he described the USSR as "like a midget with a gigantic right arm."

North Korea is very similar, and it is a very apt analogy for them too.  Their overall economy is puny compared to that of South Korea, but they invest enormously in their military, and don't particularly care if their people are actually resorting to cannibalism from time to time due to hunger.

But where DO they get their money?

From the article:

“The overt economy is predominantly sales of natural resources.  The covert economy is harder to estimate, but consists of weapons sales, the counterfeiting of U.S. $100 bills . . . production and distribution of illegal narcotics, cigarettes and pharmaceuticals, including Viagra, insurance scams, money laundering, and cybercrime.”

Very interesting that they are involved in counterfeiting of US currency among other things.

$ - How Best Korea Does It
View Quote


I seem to recall a Nork refugee, one of the Royal Chefs IIRC that claimed either coke or meth was passed around like hors d'oeuvres at receptions, functions, celebrations, etc. Scarface style.
Link Posted: 4/20/2017 8:16:57 AM EDT
Quoted:
Kind of an interesting article on how Best Korea can afford to finance its big ticket military items.


Very interesting that they are involved in counterfeiting of US currency among other things.

$ - How Best Korea Does It
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Counterfeiting allows them to buy stuff they could not otherwise afford while simultaneously hurting the US.
Link Posted: 4/20/2017 8:47:57 AM EDT
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Interesting - I have never heard that.

Must have been for a very short period of time, and a long time ago.

https://www.AR15.Com/media/mediaFiles/49274/Korea-191315.jpg
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Hey they are just protecting the planet by turning off there lights at night!
Link Posted: 4/20/2017 8:57:00 AM EDT
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Quoted:
I hear they make the world's finest tinfoil.
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Quoted:
Quoted:
There has got to be a reason that the west hasn't taken over NK yet. Could we be benefiting somehow from something the norks are doing?
I hear they make the world's finest tinfoil.
they sure do, they supply alex Jones info wars . You get a a free best Korea tin foil when buying colidal silver and using the daily coupon code.
Link Posted: 4/20/2017 9:08:22 AM EDT
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I read recently that the government is considering discontinuing production of 50 & 100 bills altogether.
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That would really run hell on my business
Link Posted: 4/20/2017 9:17:09 AM EDT
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IIRC, they were the big reason behind the changes in US currency. So they've been at it for a while.
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Correct.  The BestKorea counterfeit 100's were called "Super bills" because they were so good.
Link Posted: 4/20/2017 9:22:06 AM EDT
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Quoted:


Flooding your enemy's country with counterfeit bills to inflate the currency is a very old form of economic warfare, and it can have very serious negative effect on the target country.
View Quote
Though it's essentially an act of war when a nation state does it, that's not their motivation.  Hard currency is difficult to raise for tinpot third world shitholes like NK (see also: Venezuela and the USSR).  The counterfeit, purchase goods, and consume the goods or re-sell them to raise money they need to buy things on the world market.

Because of the size and partially electronic nature of the US money supply, there's just not enough printing capacity to really damage our economy.  That said, it's straight up theft from our treasury.

I'm still hoping for a decapitation of their government lead by China.  The whole spreading democracy thing is soooo 20th century.
Link Posted: 4/20/2017 9:29:08 AM EDT
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That would really run hell on my business
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They should do what other countries do.

exchange all bills for new ones (only in the U.S. or at certain banks) then say the old ones aren't worth anything.
Link Posted: 4/20/2017 9:31:00 AM EDT
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That would really run hell on my business
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Quoted:


I read recently that the government is considering discontinuing production of 50 & 100 bills altogether.
That would really run hell on my business
Dealing drugs?
Link Posted: 4/20/2017 9:55:52 AM EDT
That article reads like it's from some liberal rag.  A fancy goose stepping military parade doesn't mean jack about how good their military is or the quality/state of their hardware.
Link Posted: 4/20/2017 10:02:53 AM EDT
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There has got to be a reason that the west hasn't taken over NK yet. Could we be benefiting somehow from something the norks are doing?
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 Oh now you went and did it.  

Imperialists generally require loot.  There isn't much in NK.  It's been communist so long, people don't have skills to do much more than grow a little food for themselves.  No cars, near all dirt roads, no industry.  

It's a whole lot of work to overthrow the entire government over there, then make it peaceful enough to install productive workers to steal all the natural resources.  There are easier targets, like ME oil.
Link Posted: 4/20/2017 10:10:18 AM EDT
From the operations of Room 39 at the Korean Workers Party HQ.
Link Posted: 4/20/2017 10:24:06 AM EDT
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Correct.  The BestKorea counterfeit 100's were called "Super bills" because they were so good.
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Best Korea obtained US Mint Printing Equipment from our former allies (The Iranians) in exchange for "weapons technology" (Missile & Nuclear)...

The US Treasure department sent a set of currency printing equipment to the Shahs government.   The Iranian Revolutionary sold the presses & equipment to the NORKs in exchange for "weapons technology" and the NORK went into full scale production of the $100 supernotes...
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