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Do North Koreans Actually Make Money?

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Less than 30 years ago, North Koreans were more than twice as wealthy as their comrades in China. Now, they're significantly poorer. Here's how it happened. ---------- Connect with us on... Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/
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Текстовые комментарии (375)
TunnelCat (7 дней назад)
Nope, they make currency lol.
Johnny Bravo (18 дней назад)
So where's the answer to the question?
barron8006 (1 месяц назад)
It's more like 40 dollars monthly, however, prices are highly subsidized so poor peole can afford goods, so that's more like 400 dollars a month PPP. North Korea was wealtheir per capita than South Korea until 1982. Much unfair trade, tech transfers, military protection, and out-right cash from U.S. tax payers for the last fifty years was responsible for the South's growth. North Korea got some cheap Soviet goods, military hardware and oil.
Lewis C. (1 месяц назад)
The only fat person in North Korea is the stupid leader! Fat fuck, while half of his people are starving!
Smug Smugly (1 месяц назад)
I hope the little rice propelled bastards are never seen again
Stefan Kovacevic (2 месяца назад)
wow looks like your economic sanctions really worked you scumbags. That is if this is really true and not bullshit propaganda
Arktrooper (2 месяца назад)
Korean War never ended as their was no proper treaty
Edwin Subijano (2 месяца назад)
Fucking rotten anti-North Korean propaganda !!! North Korea never bombed any other country unlike the US !!! The US have murdered millions !!!
justin Kassel (1 месяц назад)
Literally everything you have just said is wrong. Please shut the fuck up. You absolute idiot.
Darris Hawks (2 месяца назад)
If the DPRK has to sell drugs to get money in the face of brutal sanctions from the West, I support them.
萬歲普京 (2 месяца назад)
Dont worry, the president of South Korea will send them US dollars, "Moon Jae In" the President of RoK(south Korea)has just paraded in the street. of Pyongyang with his very dear leader& brother K.J. "K.J. " will get his cheque in USD within three working days! You guys really dont need to feel worry for the North Korean people, they were enjoying their lives under "1984" style communism! Mind your own business first........Christmas is due!
FulaNgenge P (2 месяца назад)
Stop this propaganda bullshit. Michigan is rich in fresh water, yet Flint drinks poisoned water. How many Americans end up bankrupt after an illness? Paid family leave is a eutopia in many states. The FDA, FCC, FTC, and others a screwing the people. European Americans AKA white people terrorism is making more victims than Isis. Talk about that and leave the Supreme leader and his people alone. They don't care about us, they just want to be left alone✌🏿
Riana _ (3 месяца назад)
Yep, they're the second greatest printer of US $100 bills ¶:
Current Batches (3 месяца назад)
0:39 Forget the droughts and floods; so much apologia. Those happen everywhere and one tenth of the population doesn't starve to death. It takes scumbag commies 'making plans' to get those results.
Current Batches (3 месяца назад)
"Here's article 3..." I'll bet, as a scumbag commie liar, you find that to be important in some way or other. Or hope to promote it as such. It isn't. Now I have to ask: Are you truly too stupid to understand the issue, or are you hoping your bullshit might find converts in those too stupid to realize the bullshit you're offering? Or both?
Current Batches (3 месяца назад)
"Also North Korea are Jucheist, not Communist." One more lying commie.
An Anna (5 месяцев назад)
I live in the United States, I'm 50, and I have never, ever had a job. Not since I left high school... it's a connundrum... you couldn't get a job without experience, and you couldn't get experience without a job. I've lived off credit cards and food stamps for 30 years... ran up my credit card debt to $120,000 living as frugally as possible, declared bankrupcy, started all over again. Currently I'm at about -$7500 on 0% interest rate cards. Basically all the wealth I have is stuff I've recycled from other people's lives imploding or households going belly up.... I clean it up, fix it, make it my own. Now there are no jobs in the United States. They mostly fled to China 30 years ago before I even graduated. It's a hard life, and nobody will admit it... but most people in my neighborhood are way worse off than me. They have no jobs, or a very crappy retail job... no credit cards, and can't fix anything. You can go on sites like Monster or Indeed or SimplyHired and see thousands of jobs listed, but none of them are real... they are all fake. I feel bad for kids graduating today, or still believing the lie... go to college, graduate, get a job... there are no jobs, it was all a charade. I survived only by being insanely frugal, being very practical, seeing everything as a raw material or resource, recycling everything, repurposing everything, and basically getting while the getting was good... you may not need it now, but you will later.
Pepe (5 месяцев назад)
Socialist shithole.
Дядя Федя (5 месяцев назад)
Everyone worked for the State and everyone was provided by the State. Democrats wet dream
ZergforLoser (5 месяцев назад)
Of course, they have the capacity to make money. It's a nation that could "self-sustain" for more than five decades. However, they are only doing so through the ways that are no better than terrorists and drug gangs. This is the reason why I consistently telling people that North Korea is not a nation. Having it as a UN member is a shame.
Chihuahua (5 месяцев назад)
O comunismo merda da Coréia do Norte é melhor que o da Brasil-bosta.
YipuTheDerp (5 месяцев назад)
0:06 *wheeeeeeeeeeeeeeeeeeeeeze 'pRovIdeD bY tHe stAtE'*
Anthony Kernich (5 месяцев назад)
worker 1 is just like a dole bludger in Britain
Viktor Vasilik (5 месяцев назад)
riiiiiggghhhttttttt... because you should believe anything coming from Bloomberg when is comes to money lol. lying scums
AWSOMUS LATEST (5 месяцев назад)
How they had famine...? They have a ocean with fish
ShaoChen Shi (5 месяцев назад)
So as you see, communism doesn’t kill these people, famine do.
ShaoChen Shi (5 месяцев назад)
Flood, typhoons, drought. Man couldn’t take fish as staple food for 10 years.
Apricot Theory (5 месяцев назад)
Socialism is just like Islam = Their "true version" apparently has never been tried AND whenever a "False version" is tried, it leads to genocide and famine. Seriously, FUCK ISLAM, and FUCK LEFTIST ideology.
T Nelson (5 месяцев назад)
Equality isnt equality of outcome
Jeff Cockmann (5 месяцев назад)
the offices that get money for the NK government, they are into all kind of dirt, the are like a little gang in Macau
niel546 (5 месяцев назад)
Korean war didn't end
Taco Stacks (5 месяцев назад)
Why am I here?
________________________________________ (5 месяцев назад)
why are we still here? just to suffer?
Carter is best (5 месяцев назад)
African Pharaoh lol
African Pharaoh (5 месяцев назад)
Taco Stacks cause you work for Kim
David Mehnert (5 месяцев назад)
Why did Trump go to Singapore for a photo op? Because he believes in slave workers, starvation plans, and beachfront development deals? Because he certainly didn’t secure a nuclear deal. In fact, he gave Kim the legitimacy and protection on the world stage (certainly for the duration of the Trump Presidency) that meant he could keep his nukes—even market them to Kim- and Trump-allied dictatorships around the world—without worry of reprisal.
Conservative (5 месяцев назад)
Most North Koreans are Koreans
Strafe (5 месяцев назад)
I hate how western media thinks North Koreans are fucking aliens.
Rathod Sanjay Singh (5 месяцев назад)
Stalin and Mao😂
Plasmoxy (5 месяцев назад)
lMao 😂😂😂
LeeLicious (5 месяцев назад)
2:50 That's viagra My friend who's a tour guide in Korea gave it to me as a souvenir
The Memelad (5 месяцев назад)
so now i understand how that english youtuber found some marijuana plants near a beach in his north korea vlog
karl marx (5 месяцев назад)
Fucking American propaganda
albert fish (5 месяцев назад)
I thought Kim Jong un used his pubic hairs as currency
. (5 месяцев назад)
hasheesh
KAR RAH (5 месяцев назад)
Lol They are poor not Cuz of their salery but rather all the sanctions cuz they don’t have Jewish banks.. yet
TheSovietComrade (5 месяцев назад)
North Korea we're more wealthier than China in 1989? Aren't China we're wealthier than North Korea?
Marius Fleury (5 месяцев назад)
specialist youth base male this pleasure rely remind peer
Nu Duo (5 месяцев назад)
(((Communism))) is very destructive and toxic to the Goyim.
ExposedCorn (5 месяцев назад)
You know your country is The most isolated country in the world when other people ask if the people in your country make money
What if North Korea finds some expensive mineral and gets the second largest GDP and becomes allies with the USA
Kim Jong-il (5 месяцев назад)
American Idiots
FoodforThought (5 месяцев назад)
This question is so obnoxious, it's like asking "Do English people wear top hats all the time?"
Justin Watson (5 месяцев назад)
the typing sound at the end really freaked me out
Nilguiri (5 месяцев назад)
Where is "Pyongyong"?
Bezz80 (5 месяцев назад)
The real question is, "Do Americans make money?" in the slave system. You people...fraudsters should be hung.
Guyana South America (5 месяцев назад)
do the white man actually make money and buy everything he wan't.
awesomehead bros (6 месяцев назад)
If they want money make drugs
cameron burke (6 месяцев назад)
I just realised that Kim Jong Un is literally Jabba the Hutt. Crime syndicates Assassinations abroad Cult of personality They even look the same The resemblances is uncanny
Noisy Boy (2 месяца назад)
Jedi tricks don't work on the hurts.
Saladin Shadowmoon (2 месяца назад)
Ho ho ho jaja mam to za HAN Solo ho ho ze ze mama to to
Leto Atreides (3 месяца назад)
Beware of north Korean assassins Cameron! Kim does not like funny guys.
Aawin Matriano (6 месяцев назад)
Korean War didn’t end in the time frame you posted. It was an armistice.
EGEY SH*G (6 месяцев назад)
Why does North Korea make money there people just eat dirt.
achancery10 (6 месяцев назад)
The first 1 minute and 40 seconds is so wrong it’s unreal. Their economy collapsed because they stopped getting subsidized by the failure that was the Soviet Union. But let’s blame generations of poverty and strict dictatorship on a drought.
Avelino Davila (6 месяцев назад)
how is 3,000 won equate to a street value of .40?
Matthew Creary (6 месяцев назад)
All governments are inherently the same...POWER HUNGRY BUSINESSES.
Davis Wetter (6 месяцев назад)
The Korean War didn’t end until 2018
Regimeshifts (6 месяцев назад)
So you pose the question, and you dont answer it. Great/
Baxter Ross (6 месяцев назад)
Is this communist propaganda?
General Kyle west (5 месяцев назад)
Baxter Ross are you stupid? North korea isn't communist
Casper G (6 месяцев назад)
ye but realisticly what can they even do if they simply dont have the resources ??????????
Ras Putin (6 месяцев назад)
#1 in arms seller in black market. #1 in producing counterfeit us currency. No wonder us is mad, hates competition!
Event Horizon (6 месяцев назад)
Office 39!! That's a cool name
FurkanSE (6 месяцев назад)
Vox
DrAluful (6 месяцев назад)
fuck usa, the only real terrorists on this planet. america first MY ANUS!
________________________________________ (5 месяцев назад)
yummy
Augustuvi Primce dea.V. (6 месяцев назад)
and they make fake US dollars, counterfeit bill industry is booming
H Eck (6 месяцев назад)
Trump gonna win 2020
Dino Kross (6 месяцев назад)
(((Communism))) is toxic to the Goyim.
sourab saklecha (6 месяцев назад)
"After the end of the Korean war..." ???? The Korean war never ended Bloomberg! It's still on...get your facts right.
Conrail Freight 2127 (5 месяцев назад)
sourab saklecha they when they just stopped fighting
Dalmain J (6 месяцев назад)
Kim 2021! That's when he gon bomb us 😂
koo jaba (6 месяцев назад)
Kim have raw material under his land about $6-10 trillion USD in case you wonder. why ? US News and US government piss of so much . After he open North Korea country. he and his friends (south Korea, china and Russian) will become one group of the riches country in the word.
Hoo- Rei (6 месяцев назад)
NK will go with China to help the food situation. China is turning deserts in Mongolia into fertile soil & growing food there.
zoyzoycornface (6 месяцев назад)
they were quiet wealthy before the fall of the soviet union
Catobis (6 месяцев назад)
zoyzoycornface Because Russians gave them money and help
jose chavez (6 месяцев назад)
Why y'all trying be like Vox?
Kevin Yu (6 месяцев назад)
by the math, chinese are almost 3 times poorer than north koreans, this makes 0 sense to me
SMGJohn (6 месяцев назад)
Can I have evidence? Oh wait, its not real is it? Explains it all kind of like the flat earthen, inbred and thinks the moon landing was fake the only evidence they can provide is the medical documents for their own insanity.
sweiland75 (6 месяцев назад)
North Korean men don't work?
Its Rin (6 месяцев назад)
'switching to a more china-like system' whats the difference?
Steven Lee (2 месяца назад)
said someone never knew what the real communism is
Mozart (5 месяцев назад)
It's abandoning communism without admitting it has failed miserably. Typical communist story.
MiguelPpM (6 месяцев назад)
Its Rin China is adopting capitalist principles although the communist party stays in power.
Anonymous Anonymous (6 месяцев назад)
it's not true that 3k won is 40 cents. 3k won is actually around $3.50. Get it right Bloomberg.
Seong Hong (2 месяца назад)
North Korea. 3000won = 40cents South korea. 3000won = $ 2.70
Ikreisrond (6 месяцев назад)
Actually the concept of our economic system is like many millennia old. It’s like we would still transport goods by donkeys, cook with wood fires and hunt with bow and arrow. So basically they would turn back to an ancient system.
Infantile Ultra (5 месяцев назад)
Ikreisrond capitalism is less than 300 years old
Mr. Popo (5 месяцев назад)
a famine didn't just happen because of natural occurrences.. otherwise, the south would have starved too or at least had shortages. Famines are a result of a failed system. Communism always causes starvation, even if it takes a few years...
Mr. Popo (6 месяцев назад)
You may be unaware of the extent of the repression and horrors caused by central planning and totalitarian governments.
ndrthrdr1 (6 месяцев назад)
You may be unaware of the extent of the sanctions.
Mr. Popo (6 месяцев назад)
ndrthrdr1 there's no reason for starvation they can grow their own food, in fact in the 90s the US Gave food to dprk. Mismanagement and corruption kills people like in every other communists country
ndrthrdr1 (6 месяцев назад)
U.S. sanctions have produced poverty there.
John Carter (6 месяцев назад)
They use monopoly money, a game is N-Korea, with only losers
Mullah Omar (6 месяцев назад)
So basically those kim yum yum bills aren't worth the paper there printed on.. Yep sounds about dictatorish to me...
sayreal (6 месяцев назад)
Lol Haven't they faked dollars like in a massive scale?
Michal Rajda (6 месяцев назад)
Does* u idiot
Zalden N (6 месяцев назад)
they're getting papperr, LOOOK 'em now OHHH
MrBoliao98 (6 месяцев назад)
Cmon, North Korea practically use the RMB
AN LY (6 месяцев назад)
This is why Trump calls Bloomberg are fake news LOL
NOBEL DJ (6 месяцев назад)
socialism works? nope
ndrthrdr1 (6 месяцев назад)
Yes, Denmark is socialist. That's why their taxes are high. They get free health care, though.
NOBEL DJ (6 месяцев назад)
is denmark truely socalist? then lets see how venezuela is going and denmark is a represenative democracy that has political parties also they have 60,2% tax on income over 55k
ndrthrdr1 (6 месяцев назад)
Look at Denmark. Yes, socialism works -- unless USA is imposing crippling sanctions.
Anonymous (6 месяцев назад)
Sad, North Korea stole $81 Million from my country. (3:03mins,Read Article)
Stephen Eyre (6 месяцев назад)
This video makes state-run benefits and work systems seem really terrible but uses no evidence to back its self up.
Stephen Eyre (6 месяцев назад)
Not if done properly.
Catobis (6 месяцев назад)
Sam Eyre becua in the end it’s caused starvation and suffering
Bella Umbrellla (6 месяцев назад)
That's what happens with despotic, psychopathic leaders at the helm...and we may be heading there ourselves at the rate we are going...😪
MisterZ3r0 (6 месяцев назад)
They make fake US currency and Meth and export it around to world for Real hard currency.
Cuckmeister (6 месяцев назад)
This is what happens when theres a giant trade blockade around a country. The west has basically starved them out and destroyed their economy untill they submit.
Current Batches (3 месяца назад)
"This is what happens when theres a giant trade blockade around a country. The west has basically starved them out and destroyed their economy untill they submit." Are you really that stupid, or hoping others will buy your bullshit?
Jordan Zelch (5 месяцев назад)
Cuckmeister no it’s because of their totalitarian communist government and bad economic system
Your Name (6 месяцев назад)
Not that Sur
C. Lincoln (6 месяцев назад)
Annnnnd its over.
Alejandro Cabrera (6 месяцев назад)
When Mexico goes communist, we will trade with north korea.
DAW PAWN SHOP (6 месяцев назад)
I WOULD SAY,,, PRETTY INTERESTING.
D. MD (6 месяцев назад)
So u said nothing - just repeat some old bullshit...
Sev (6 месяцев назад)
lmao at the typing sounds at the end, ya dun goofed
Marlon Delibasic (6 месяцев назад)
CIA analyst thid they joob good and shutdown governments around the world!
Vittorio Lz (6 месяцев назад)
i heard someone said that they printed the supernotes dollars, i mean..the machine was there. one of the last country in the world that don't have Rothschild bank..make 2+2.
Clay Gilliland (6 месяцев назад)
The supernotes were produced by Iran after the Reagan Administration sold them the printing presses and plates in exchange for the hostages from the US Embassy.
James K (6 месяцев назад)
Now trump give them a lot of US money to make a new nuclear program
Emanulito Royce (6 месяцев назад)
James K .he can focus on Iran now, the american weapons industry wont be happy with this deal now no enemies=no business. Well Canada much loser than Iran ... that'll work...

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