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Old 12-02-2009, 03:19 PM   #1
Jnana
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Join Date: Sep 2008
Location: Indiana
Posts: 653
Default North Koreans in shock as cash is banned

North Koreans in shock as cash is banned

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All cash transactions in North Korea have been frozen after the Government’s shock decision to revalue the won currency in an effort to crack down on the country’s burgeoning free-market economy.

In the capital, Pyongyang, today only the few shops and restaurants permitted to trade in foreign currencies, patronised by the privileged elite and the city’s small foreign population, were open for business.

All other enterprises and services based on cash, including markets, long-distance bus services, barbers, saunas and bath houses, have been suspended until the revaluation is completed next week.
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Old 12-02-2009, 04:04 PM   #2
pineal-pilot-in merkabah
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Join Date: Sep 2008
Location: england
Posts: 1,153
Default Re: North Koreans in shock as cash is banned

usa/eu/uk next, post default.. if people are ina stink about dubai and a measly 60 billion. wait until usa and uk defaults bout 15 trillion total..
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