Did you ever wonder where the components came from to build advanced Nork weapons like the missiles that they parade? This answers that question. The Army needs to earn hard cash through scams and schemes to buy components that are smuggled into the Worker’s Paradise. Thus, even though it doesn’t square with communist ideals, aggressive capitalism pays in the Democratic People’s Republic of Korea. If you’re an ambitious little Nork, you can get the best food, the best women and electric light – by earning it.
A number of North Korean officers made general (and were decorated for innovation) by running the US currency counterfeiting operation. They also counterfeit other currencies, but the state feels a particular joy in selling counterfeit US currency, usually at around .25 cents on the dollar at the source and in bulk. Largely $100 banknotes are counterfeited and are referred to by the US Secret Service as “super notes” because they can pass through US banks.
Lacking the PLA’s ability to host tourists and have them stay in hotels owned and operated by the Nork army, they make viagra, trade pharma drugs with Mexican drug cartels for cocaine at very attractive exchange arrangements for the cartels, etc. They’ll do just about anything that earns foreign currency and the capacity to buy what they need outside of Norkland.
President Trump threatened to retaliate against the Fat Un if he launched more missiles or lighted off a nuke. Want to know what he’ll do? Look at the the US Treasury and Justice and others working to seize vast financial holdings of the Kim family (meaning the Fat Un) overseas. He’ll hit the power elite in North Korea where it REALLY hurts. If you want details as to how this will happen, I’m not going to tell you. But it will be fun to watch.
It's always nice to see the effects of 'Big Vinnie' (Carl Vinson) when he shows up somewhere.
I still think the Chinese will dispatch that little fat fuck, as he is screwing up their mojo in the region.
A President who understand finance on an international scale, and has guts? Yeah, could get interesting.
Has Un outlived his usefulness to Beijing? That's the key question. If he ordered the nuke to be tested "in their face", I would say that it's gone that far. The Norks are walking a tight rope at the moment. The expert answer is that nobody knows – except the Chinese, and they're waiting patiently to see which way the North Korean pendulum swings.
We have reached a tipping point.
If the US drains and blocks the Kim fortune, which is naturally stashed in places outside of Norkland, will Kim acknowledge that his family jewels are not in the Fatherland?
Good post. I received information on "foreign finance" that I've never heard discussed before.
Blocking the family fortune is good, but take it to the next step. Confiscate it and use the fortune to finance the USS Vincent and task force while they are – or when they finally arrive – off the coast. Toss in two or three well placed NOMADS to show him we are kinda serious about him shutting up.
I could go into more granularity but it would serve no purpose on a blog. The entire North Korean operation is essentially what happens when organized crime owns a state. It's a totalitarian system that exists to exhale and enrich its elite class. You can say that it's communism, and I guess that's true, but they're just thugs. "Communism" puts lipstick on the pig.
I think that's what will be at play in the near future.
Thanks for all the information that I may have known at one time, but forgot.
Let's hope Un enjoys being in command more than he enjoys upsetting the Chinese.
People who read the tea leaves think that he's going to light off his nuke on April 25 on the Army's birthday.