Monday, December 28, 2020

North Korean regime prohibits its black markets from using foreign currencies in order to control markets under their own will power

There are about 500 black markets(Jangmadang). North Korean regime prohibits its black markets from using foreign currencies in order to control markets under their own will power.

North Korean black markets prefer foreign currencies such as Chinese Yuan and American dollars because of unstable North Korean currencies.

I wonder if North Korea is short of American dollars and Chinese Yuan.

https://imnews.imbc.com/news/2020/world/article/6041701_32640.html




The most popular meat in North Korea is rabbit

What is the most popular meat to obtain protein in North Korea?

The most popular meat in North Korea is rabbit meat because cows and pigs need grain feed.

I have never tried rabbit meats before.

What does the rabbit meat taste like?

Rabbits and goats are recommended to raise in North Korea.

I hope North Koreans will be able to enjoy pork and beef after the unification of Korea.


https://biz.chosun.com/site/data/html_dir/2020/12/28/2020122801100.html?utm_source=naver&utm_medium=original&utm_campaign=biz




Friday, December 25, 2020

Houses in North Korea is legally owned by North Korean regime but it is widely transacted personally

Even though all the houses legally belong to North Korean regime and people in North Korea are only allowed to live temporarily as long as North Korean regime permits, in reality, many North Korean people sell and buy houses.

The real estate market is so active that many people sell or purchase houses. Especially houses in Pyongyang are in very high demand and their price is also very high.

I do not think houses built in North Korea are not safe to live in very long because they are lack in sufficient concrete and reinforcing steel bars. I think they should be rebuilt after the unification of Korea.

Some rich North Korean people buy and build many houses as an investment. North Korean regime allows such investment to collect tax from them.

https://news.v.daum.net/v/20201226083209371?f=o

Entry permit to an apartment is on market for sale in North Korea

In North Korea all the properties belong to North Korean regime and North Korean people are allowed to live in those apartment with a few am...