North Korea issues Bonds and this is a laugh
North Korea is raising cash but this must be a joke.
Bonds with no return? hahahaha
Wonderful.... Don't you just love communist logic?
CBS MarketWatch Link
Your thoughts?
Fellowship
Bonds with no return? hahahaha
Quote:
The "People's Life Bonds" offer no interest over the 10-year lifespan, but in the event purchasers win in a related lottery, the winner will be entitled to interest when the bonds are redeemed
The "People's Life Bonds" offer no interest over the 10-year lifespan, but in the event purchasers win in a related lottery, the winner will be entitled to interest when the bonds are redeemed
Wonderful.... Don't you just love communist logic?
CBS MarketWatch Link
Your thoughts?
Fellowship
Comments
Originally posted by Naderfan
Perhaps the Kim should focus more on getting his people food.
No kidding. I have a feeling the WOMD business there needs some cash....
Sad indeed..
The North Korean government is targeting the hundreds of thousands of Koreans living in Japan who are sympathetic to Pyongyang.
Yeah the Koreans who live in Japan left North Korea for good reason. Let me guess.... The North Korean Government is billing this plea for money as "help us feed your friends and family back home" while in practice the dictator and his thugs spend it on all the wrong things.
North Korea needs some real help..
Fellowship
North Korea has all the "free" "slave" labor they need so why the need for cash?
What is North Korea trying to buy? and from whom?
Or is this money to be hidden in swiss accounts after the dictator escapes the country thus stealing the money as well.
I just have to ask questions...
Fellowship
Sounds very familiar...
The government is mad, the true nature of that place is not Communism, it is a cult of personality. The governmental system/cult hierarchy is called Ju che. Where Kim Jung Il is a God head. The propaganda for this mand states that he has superpowers and can give physicists and doctors on the spot advice.
Meanwhile the avg. 8 year old N. Korean is 2 inches shorter and 20 lbs lighter than the ave 8 year old S. Korean.
Originally posted by LiquidR
[B]The fact of the matter is that there is no true logic behind the DPRK (Democratic People's Republic of Korea).
The N. Korea regime has little to do with real communism, (which has never existed on a national scale) but "Democratic"????? (!!!!) Where *did* they get that one from? It's as inappropriate as describing the Nazi party of Germany as "socialist"....
They also have a Military before the People policy when it comes to resources, which is supposed to be for the good of the people, b/c the people can not exist w/o the military, so they claim.
Originally posted by sammi jo
The N. Korea regime has little to do with real communism, (which has never existed on a national scale) but "Democratic"????? (!!!!) Where *did* they get that one from? It's as inappropriate as describing the Nazi party of Germany as "socialist"....
Well, the old East Germany also used "democratic" in its official name. Communist countries have a lot of fun with words like "democratic" and "republic" all the time. Yeah, I'm buying it.
Originally posted by sammi jo
The N. Korea regime has little to do with real communism, (which has never existed on a national scale) but "Democratic"????? (!!!!) Where *did* they get that one from? It's as inappropriate as describing the Nazi party of Germany as "socialist"....
I would venture that it's the same logic as the Democratic Republic of Congo or the People's Republic of China. It's just a name.
edit: Didn't see the other two posts above saying the exact same thing. Reading is fundamental.
Thx!