To promote friendship and solidarity with the Democratic Peoples Republic of Korea and the Songun Idea
Sunday, 5 July 2015
DPRK does not need bailouts !
The reason why the DPRK does not need bailouts and does not have
austerity is because it does not have imperialist banks, such as HSBC,
Barclays , Lloyds, Citibank etc on its soil nor is it a member of the
IMF or World Bank . However south Korea has at least 34 major foreign
banks in Seoul alone !! south Korea actually has $475 billion dollars of debt more higher than Greece!