Did You Know North Korea Has A Mall?
First published at 08:13 UTC on January 13th, 2020.
MORE
Category | Business & Finance |
Sensitivity | Normal - Content that is suitable for ages 16 and over |
DISCUSS THIS VIDEO
An error has occurred whilst processing your request!
If the issue persists, then please contact us at [email protected].
This advertisement has been selected by the video's creator, .
This advertisement has been selected by BitChute. Displaying these adverts helps support the growth and sustainability of the platform.
This advertisement has been sourced through third-party advertising partners on behalf of BitChute. Displaying these adverts helps support the growth and sustainability of the platform.
For more information on how BitChute processes your data, and to learn how to opt out of advertising, see our Privacy Policy.
Click to copy, then share by pasting into your messages, comments, social media posts and websites.
Click to copy, then add into your webpages so users can view and engage with this video from your site.
We also accept reports via email. Please see the Guidelines Enforcement Process for instructions on how to make a request via email.
We will investigate and take the appropriate action.
North Korea isn't known as being a consumerist paradise. Since 2011 that has been changing. North Korea have gone from having virtually no stores to having a few.
These stores are not for the average person. Wealth inequality in North Korea is ridiculously high. The average GDP per capita for North Korea was $1,300 according to Bloomberg in 2016. To put it in comparison, a $30,000 Grand Piano was sold in Pyongyang in 2009 during an economic crisis. That is more than 23x the average GDP per capita.
These shops have been setup by the North Korean government to sell goods domestically. They are sold at marked up prices. The items must be smuggled in illegally. These stores are designed to make a profit for the notorious Room 39 which is controlled by Kim Jong-un.
If you want to learn more about North Korea I recommend you subscribe to my channel. Look through my playlists. And don't forget to read:
NK News - https://www.nknews.org/
Daily NK - https://www.dailynk.com/
NK Economy Watch - http://www.nkeconwatch.com/
38 North - https://www.38north.org/
The Aquariums of Pyongyang - https://www.amazon.com/Aquariums-Pyongyang-Years-North-Korean/dp/0465011047
In Order to Live - https://www.amazon.com/Order-Live-Korean-Journey-Freedom/dp/014310974X
Under the Loving Care of the Fatherly Leader - https://www.amazon.com/Under-Loving-Care-Fatherly-Leader/dp/0312323220
Category | Business & Finance |
Sensitivity | Normal - Content that is suitable for ages 16 and over |
None
To dismiss this warning and continue to watch the video please click on the button below.
Note - Autoplay has been disabled for this video.