The DPRK (North Korea) thread

I really like Kim's sister, this is more of my type of gal. :) She dresses well too. Never cared about birthday cards.
 


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.




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 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)

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.
 
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
 
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.

IMG_2800.JPG
 
I really like Kim's sister, this is more of my type of gal. :)

Sounds like you have strong submissive tendencies....

kim_yo_jong.jpg
 
A 1989 documentary from PL.

Waiting for some to say the beloved leader rightfully deserves all the cringeworthy praise:

 


North Korea was right about Nuclear Weapons

In 2003, Libyan leader Muammar Gaddafi agreed to dismantle his nascent nuclear weapons program in exchange for the West’s promises of sanctions relief and integration into the international community. Less than a decade later, in 2011, he found himself hiding in a drainage pipe with his golden pistol after NATO forces bombed his convoy. Gaddafi was dragged out of that tunnel by NATO-backed Libyan rebels, beaten, and executed for the world to see.

In Pyongyang, Kim Jong Un was taking notes. Throughout the 1990s and early 2000s, the West treated Kim Jong Un’s father, Kim Jong Il, as a comic book villain: a cognac sipping madman who reportedly claimed to have invented the hamburger and shot 38 under par on his first ever round of golf. The madman narrative about the safari suit-wearing cult leader was comfortable for the West: it allowed them to dismiss him as a relic of the past, a man stuck in time with a starving population destined to depose him.

That comfort is now gone when it comes to North Korea, and with it comes an indictment of the entire rules-based international order. The Kim dynasty has been vindicated—not morally, not ethically, but strategically. As the global security architecture of the post-Cold War era fractures under the weight of Russia’s invasion of Ukraine, China’s expansionist ambitions, and America’s reckless and illegal international military interventions, the Kims’ absolute refusal to denuclearize looks more and more sensible by the day.

Iraqi dictator Saddam Hussein attempted to follow the nuclear approach, but his nascent program was systematically dismantled by foreign strikes and the International Atomic Energy Agency (IAEA). He was left exposed when America invaded in 2003 and was killed in 2006. Gaddafi surrendered his weapons in 2003 and was killed in 2011. In 1994, Kyiv signed the Budapest Memorandum, surrendering the world’s third-largest nuclear arsenal in exchange for security assurances from the United States, the United Kingdom, and Russia. In 2014, it lost Crimea when Russia illegally annexed the region. Since 2022, it has been fighting a war for its existence—one that continues today without any signs of ending.

Iran, too, agreed to stall its nuclear program in 2015, then three years later the United States pulled out from the agreement, later bombed Iran’s nuclear sites, and is now brazenly conducting a regime change war. Nicolás Maduro never had nuclear weapons; he is likely wondering, from his jail cell in New York, how things would have gone if he did. Perhaps his successors in Caracas are thinking about whether they could get them now. Cuba knows they must be next—what will they do to ensure their own sovereignty?

This is not to oversimplify things; North Korea is the outlier here. Most nuclear aspirants never make it past the window of vulnerability—the period where nuclear capabilities are advanced enough to provoke intervention, but insufficient as a credible deterrent. The two main pathways to a nuclear weapon—thousands of centrifuges spinning at supersonic speeds or spent nuclear fuel reprocessing—provide little concealment. The large industrial footprint is nearly impossible to hide from modern thermal and satellite surveillance. And once the bomb is complete, aspirants face a second immense technical challenge: miniaturizing it and mastering the delivery vehicle.

Great powers are strongly incentivized to preemptively strike these nascent programs politically, economically, and kinetically. The great tragedy of the 21st century is that Pyongyang’s success has shown that, while the cost of trying to acquire a nuclear weapon is high, the cost of failure, as seen in Baghdad, Tripoli, and Kyiv, is existential.

Kim Jong Un is living proof, untouched despite a raft of sanctions, a starving population, and increased U.S.-Japan-South Korea unity against his country’s aggression.


The Kim dynasty understands something that eluded the architects of the liberal rules-based order and their autocratic enemies alike: In a world of laws and norms, there is no better security guarantee than a nuclear weapon. Conventional strength is a “might makes right” game, but nuclear weapons are the great equalizer. Pyongyang understood this before the rest of the world, and paid an unbearable cost to prove it.

The Kim dynasty, short on cash and with few options to acquire more, chose to pay in human lives. Hundreds of thousands have died in the kwan-li-so death camps, where guards rape and murder prisoners for sport. Millions more have suffered from stunted growth due to malnutrition and starvation. The Kims used the North Korean people as fodder to maintain their own cannon, hollowing out the core of their country to reinforce the walls. They turned 26 million people into a sacrificial offering, and the 21st century rewarded them for it.

The tragedy is not that the Kims are monsters; those are everywhere. The tragedy is that the international order, ostensibly designed to make nuclear weapons unnecessary, failed so spectacularly that the monsters ended up being right. The Ukraines of the world that trusted the system now find themselves begging for aid to defend themselves, while the Russians can take territory without ever fearing a B2 bomber over Moscow.

If the lesson of the Kim dynasty is that the only guaranteed security is a nuclear weapon, then every rational state can and should acquire one, provided they can survive the inevitable attempts by the status quo powers to crush them before they reach criticality. Already, a majority of South Koreans believe their country should obtain a nuclear weapon, citing fears of North Korean aggression and doubts about America’s nuclear umbrella. Saudi Arabia has promised to pursue nuclear weapons if their rival Iran gets them.

For the autocrats that can’t afford to get nuclear weapons, Kim has a solution for that, too: starve the people to feed the bomb. This is nothing short of a catastrophic outcome, yet it is the future the world built through our failures.

In the 1990s, Kim Jong Il was a laughingstock to the world. In 2026, his son looks right at home. Not because he has turned over a new leaf, but because the world has. The leaders of the United States, China, and Russia all subscribe to his worldview; Europe is too divided to speak with one voice.

This is a cause for mourning and deep reflection. Not because the Kims deserve sympathy; they deserve none. But because a world in which the Kims are vindicated is a world in which things like sovereignty, diplomacy, and the idea that nations can resolve disputes without the threat of annihilation are revealed as fictions.

The Kim family bet against civilization. And as of today, civilization is losing.
 
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