TIL Birthday Cards don't exist in Communist North Korea. An incredible hero for bringing this to light.
The DPRK (North Korea) thread
- Thread starter Caduceus
- Start date
She looks stunning for 32. Maybe the lack of those birthday cards might help her scoring some chad outside of that tyranny.
fake lips
I thought AI. I hope you realise I was being sarcastic.
SEOUL, Aug 29 (Reuters) - North Korea's economy grew 3.7% in 2024, the fastest annual pace of growth in eight years, backed by expanded economic ties with Russia, according to estimates by South Korea's central bank released on Friday.
Economic growth in North Korea last year picked up from a 3.1% rise in gross domestic product in 2023 and a 0.2% fall in 2022, the Bank of Korea (BOK) said
The 2024 figure marked the highest growth rate since 2016, when the economy expanded 3.9%.
"It is mainly due to significant increases in manufacturing, construction and mining industries, which were affected by strengthening of national policy projects domestically, and expansion of economic cooperation between North Korea and Russia externally," a BOK official told a briefing.
In particular, the heavy chemical sector soared 10.7%, the highest rate since records began, helped by expanded production of metal products for weapons exported to Russia, the official said.
The BOK's estimates are considered among the most reliable indicators of economic activity in the North, which does not publish official data.
North Korea and Russia have become closer militarily and economically, and Pyongyang has sent an unprecedented number of armaments and troops to support Russia in its war against Ukraine
Leader Kim Jong Un will visit China, North Korea's major ally and economic lifeline, to attend a military parade in what is likely to be the biggest multilateral diplomatic event that the reclusive state's leader has attended.
Russian President Vladimir Putin will also be at the parade.
The data showed the mining sector also grew 8.8%, the biggest gain since 1999.
The North's trade volume fell 2.6% to $2.7 billion in 2024, below that of pre-COVID pandemic levels, but exports climbed 10.8% to $360 million, thanks to shipments of wigs and watches.
North Korea's nominal gross national income in 2024 was estimated to be 1.72 million won ($1,239) per capita, equivalent to just 3.4% of the South's 50.1 million won.
The BOK has been publishing its estimates of the North Korean economy since 1991, based on information from various sources including intelligence and foreign trading agencies and data from the South's unification ministry.
The South Korean central bank released the estimate a month later than in previous years because there was a delay in collecting raw data.
North Korea posts fastest growth in 8 years in 2024, driven by Russia ties, Seoul says
North Korea's economy grew 3.7% in 2024, the fastest annual pace of growth in eight years, backed by expanded economic ties with Russia, according to estimates by South Korea's central bank released on Friday.www.reuters.com
I really hope NK will not be "growing", this fake growth usually brings nothing but misery, false values and destruction of society. They should not follow exponential/infinite growth scam of lost societies with unsound fiat currencies (most of the fake "growth" reported accross the world is just currency inflation and more debt and does not represent improvement in the lives of the majority).
They like to post scaremogering about NK but the fact is Kim has preserved sane and balanced society in the country and had protected it from toxic outside influences. Over time, South Korea will hopefully follow them.
I assure you, Asia as a region is not the beneficiary of QE & Monetary Easing except the American Asian Proxies now. In fact, their state ideology, Juche, is to be as less reliant on other major powers as possible.
Yes, I know that about Juche. NK is under heavy influence of China now and China has no qualms about getting into huge debt (they just do not publish their numbers), devaluing own currency and participating in the infinite growth thing so I wonder how this influence might affect NK
The issue with the Chinese Debt narrative is that the Global Bond Market (Observe the Bond Yield) doesn't agree that the Chinese has a debt problem.
They have also accumulated a lot of gold to decouple away from the dollar. I have posted back in April/May on the Tariff thread on how they have created a global parallel economy AWAY from the USD - and they have been successful at it.
I really like Kim's sister, this is more of my type of gal.
Sounds like you have strong submissive tendencies....
Looooooool
