This page has been archived and commenting is disabled.

Five People Killed As Protests Shift To North Korea: Government Mobilizes In Preparation For Violent Demonstrations

Tyler Durden's picture


Freedom fighter Bernie Bernanke's has just carved another notch in his liberation bed post. With everyone expecting Saudi Arabia to fall next, or even South Korea, following days of consistently unreported bank runs, it is North Korea which takes tonight's gray swan award. From The Chosunilbo: "Hundreds of people clashed with security forces in the North Korean town of Sinuiju on the border with China on Friday, a source in the Stalinist country said Wednesday. The military was deployed to quell the demonstration, leaving some protesters wounded. The source said police officers cracking down on traders in a market in
Sinuiju after the public holidays marking leader Kim Jong-il's birthday
beat one of them unconscious. The victim's family protested and many
other traders went along to support them. When it looked as though other people might join the traders, security
agents and military troops moved in. Rumor has it that four or five
people were killed in the resulting clashes
, but no details of civilian
casualties are known." So how much are those North Korea CDS again? And how much longer does China think it can suppress its own 1.3 billion-strong tsunami?


The security forces were reportedly on emergency alert in the area after the incident. A defector from Sinuiju said, "Since Feb. 15, I've had difficulties communicating with my contact in Sinuiju. I called him at a pre-arranged time but his mobile phone was turned off."

The source said while the protest was sparked by the crackdown in the market, it was an eruption of long pent-up discontent.

The regime had promised to dole out special rations to Sinuiju residents ahead of Kim's birthday on Feb. 16 but reportedly failed to keep the promise. People were also angry that the regime was once again trying to interfere with their attempts to earn a living in the market.

Meanwhile, the online newspaper Daily NK reported on Wednesday that the regime created a special mobilization force to prevent any demonstrations similar to the recent uprisings in the Middle East.

And since North Korea has no problems with devaluing its currency, expect to see Won raining from the sky a day or so ahead of the latest farcist monetary repudiation, as another attempt at whorism goes whorribly wrong.

h/t Sergey


- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Thu, 02/24/2011 - 01:03 | 991818 asdasmos
asdasmos's picture

Another Domino.

Thu, 02/24/2011 - 01:19 | 991870 margaris
margaris's picture

will this be the "nuke"-domino?

Thu, 02/24/2011 - 09:26 | 992392 terryg999
terryg999's picture

North Korea has about as many nukes as I do.

Thu, 02/24/2011 - 18:50 | 995032 margaris
margaris's picture

aha, then you must be ernst stavro blofeld ('s cat) ?

Thu, 02/24/2011 - 01:54 | 991981 reader2010
reader2010's picture

The Japanese sources have been saying the Chinese militray have been quietly moving into North Korea since last month. 

Thu, 02/24/2011 - 02:53 | 992079 redpill
redpill's picture

Another Brick in a crumbling Wall.


Thu, 02/24/2011 - 04:33 | 992109 Michael
Michael's picture

Three cheers for The Bernank, destroyer of worlds.

Hip Hip Hurray, x3.

Zero Hedge Operation Falling Knife is underway.

ZH'ers provoked Wall Street to ignore all fundamentals and drive the market as high as it could go with Fed funny money, in spite of ZH's logical arguments against.

The stock market bubble collapse will wipe out all the gains for the last 18 months and then some. S&P sub 666 here we come.

The bigger the bubbles grow, the harder they pop.

Thu, 02/24/2011 - 01:10 | 991832 SMG
SMG's picture

I would pray North Korea and China could be free.  I would pray we all could be free.

Thu, 02/24/2011 - 01:23 | 991883 eigenvalue
eigenvalue's picture

Hopefully North Korea won't collapse by the end of year. I'm planning to visit this rogue country this coming summer or maybe next year. If North Korea collapsed, there wouldn't be much to see any more.

Thu, 02/24/2011 - 01:44 | 991948 UGrev
UGrev's picture

Save your money, visit Detroit.. same same.. 

Thu, 02/24/2011 - 03:04 | 992089 saulysw
saulysw's picture

Don't forget to stay at the Ryugyong hotel!

Oh... it might not be finished yet. Construction only started in 1987.


Thu, 02/24/2011 - 05:18 | 992149 sterling effort
sterling effort's picture


Tony Wheeler's book, 'Badlands: A Tourist on the Axis of Evil', is a great read. The chapter on North Korea very funny.

Thu, 02/24/2011 - 07:38 | 992227 YHC-FTSE
YHC-FTSE's picture


Thu, 02/24/2011 - 07:38 | 992226 YHC-FTSE
YHC-FTSE's picture

Considering the lack of any modern communications for the protesters to coordinate, I think we have a little while longer. Might be worthwhile for Samsung to airdrop a few containers of smart phones and nodes to get things going. I kid you not: They shoot tourists who misbehave. There is no wriggle room to get out if you piss off the NKs in any way. I remember a SK woman on a tour of Mt. Kumgang resort who stepped onto the wrong bit of beach and got her head blown off by the guards. 

Thu, 02/24/2011 - 11:28 | 992951 WaterWings
WaterWings's picture

Excuse my ignorance and mind in the gutter but that's a real place!

Thu, 02/24/2011 - 12:53 | 993507 YHC-FTSE
YHC-FTSE's picture

+1 True story & At least someone got the double entendre.

Thu, 02/24/2011 - 01:28 | 991900 margaris
margaris's picture

I am afraid religion is part of the problem, ....


I dont like GOD , I never have.

We must get rid of GOD, ...  Its such an archaic exaggerated power-symbol....

Its like the ultimate perversion of power and corruption and leadership. The super-totalitarian overlord.



Maybe we have to get rid of religion and theism to introduce REAL FREEDOM to humanity.

Stop blindly following leaders, especially GOD.

I hope this day will come in a few centuries...

Thu, 02/24/2011 - 01:48 | 991962 FullFaithAndCretin
FullFaithAndCretin's picture

God doesn't think much of you either.

Thu, 02/24/2011 - 09:28 | 992397 tmosley
tmosley's picture

To be fair, he doesn't really think at all.

Thu, 02/24/2011 - 02:47 | 992058 asdasmos
asdasmos's picture

With you on that brother.


"The easy confidence with which I know another man`s religion is folly teaches me to suspect that my own is also."
-Mark Twain

"Religions are conclusions for which the facts of nature supply no major premises."
-Ambrose Bierce


"Religious faith not only lacks evidence, its independence from evidence is its pride and joy, shouted from the rooftops." -Richard Dawkins
Thu, 02/24/2011 - 07:03 | 992198 aheady
aheady's picture

"Religion has actually convinced people that there's an invisible man living in the sky who watches everything you do, every minute of every day." -GC

Thu, 02/24/2011 - 09:44 | 992437 iota
iota's picture
"And the invisible man has a special list of ten things he does not want you to do. And if you do any of these ten things, he has a special place, full of fire and smoke and burning and torture and anguish, where he will send you to live and suffer and burn and choke and scream and cry forever and ever 'til the end of time!
But He loves you!
He loves you, and He needs money!"
Thu, 02/24/2011 - 02:46 | 992069 Howard_Beale
Howard_Beale's picture

I'm with you. In NK, Kim is actually looked at as God by many people. When a surgeon went in and restored 1000 people's eyesight, the people actually bowed to the picture of Kim Jong Il for giving them their sight back. National Geographic did a special on this and it was stunning to watch.

All of these dictators have God complexes and most people (I was not) are indoctrinated into some form of religion at an early age. It's part of humanity's need to explain why the sun comes up. Ask Bill O'Really.

And Tyler-whorism goes whorribly wrong--most excellent.

Thu, 02/24/2011 - 09:29 | 992402 terryg999
terryg999's picture

Haven't you seen the crowds faint at the sight of the Holy O?

Thu, 02/24/2011 - 03:03 | 992088 Burnbright
Burnbright's picture

God has nothing to do with this, your point is extremely tangential. The reason these dictators exist is because of global monetary policy, and these protests glogally is just a sign of it unraveling. What you are witnessing is the end of the dollars influence, it is truly sureal to actaully watch the evidence of its demise by these spontaneous revolts over pricing volatility. This isn't about God, this is about the end of faith in global fiat currency.

Watch as imports plummet in this country and exports explode, that will be the end is near (couple months) signal as trillions of dollars come flooding back to the US soil and all our shelves become empty.


Thu, 02/24/2011 - 06:29 | 992180 sabra1
sabra1's picture

why don't you follow obama, didn't you know he's the antichrist?

Thu, 02/24/2011 - 06:46 | 992192 Joe Sixpack
Joe Sixpack's picture

"We must get rid of GOD..."


Here are a list of major countries that already have implemented that project. Give up your US citizenship and move, then enjoy your freedom:


1. China

2. Russia (Soviet)

3. North Korea

Thu, 02/24/2011 - 01:42 | 991943 e_goldstein
e_goldstein's picture

prey all you want. nothing is going to get fixed until each and every one of us takes action.

Thu, 02/24/2011 - 02:22 | 992026 New World Chaos
New World Chaos's picture

I have prayed the same thing, not just for China but for the Middle East, America, and indeed the whole world.  Eris has answered.  This is just the beginning.

The future looks like this:

This year:

-Saudi Arabia falls to the Islamists.  Talking heads blame terrorists for inflation; Ben gets to extend the ponzi a few more months.

-China crash and rebellion.

-Dollar collapse, riots come to America, sheeple start to wake up en masse.

-False flag terror on US soil to sucker us into a Middle East war.

Next year:

-Europe disintigrates.  One less stepping-stone to world government.

-Ron and Rand Paul win GOP primary, survive assassination attempts, are seen as Chosen.

-Obama cracks down, becomes most unpopular president ever.  "Disappearances" start.

-Elites are forced to openly steal the election for Obama.

-I meet a Mayan priest in the shroom dimension, try to steer the world through the eye of the needle towards freedom.  The prophecy aids in the global awakening, with a critical turning point occuring on Dec. 21.


-U.S. Civil war as almost all states rebel.  It is a very one-sided civil war, not a Rothschild's slaughterhouse like the last one.

-A huge wave of pissed-off people sack NY and DC.  This becomes our generation's Woodstock.  Elites and their enablers are hanged for treason. 

-During the revolution, documents are discovered which show that the tinfoilheads were right about everything, including 9/11, aliens and a Satanic plot to destroy America.  Enough to make sure nobody trusts the elites for hundreds of years.


America is reborn as a free country with a gold standard, no legal teder laws and a great respect for the Constitution.  Commerce Clause and all laws based on it (i.e. most of them) are abolished.  Without the worldwide oligarchy holding us back, it is the dawn of a new Renaissance of freedom, prosperity and scientific advancement.


Thu, 02/24/2011 - 02:27 | 992049 dick cheneys ghost
dick cheneys ghost's picture

Libya unrest could create 350,000 refugees to european shores. how will the world cope with the coming wave of migrants? UN study says 50 million by 2020.

Thu, 02/24/2011 - 02:52 | 992078 Ahmeexnal
Ahmeexnal's picture

The US is destined to become a collection of city states.

Rham knows this, hence his career move. 

BTW, nothing on ZH about Rham's victory?

Thu, 02/24/2011 - 06:40 | 992185 Pegasus Muse
Pegasus Muse's picture

Just waiting for the reports of voting irregularities to surface.  All those long dead Daley Machine Dems miraculously reappearing at the voting booths throughout the city.  

Thu, 02/24/2011 - 10:16 | 992543 Max Hunter
Max Hunter's picture

BTW, nothing on ZH about Rham's victory?

I was wondering the same thing..

Thu, 02/24/2011 - 06:26 | 992179 sabra1
sabra1's picture

sorry, but i charge $100 per hour for my services!

Thu, 02/24/2011 - 01:07 | 991834 Scottj88
Scottj88's picture

Jesus christ, talk about a ridiculous world these days.  The world looks like it is preparing to go to war with every country on the verge of collapse.... America is about to start feeling it, and its citizens should be preparing.  This worldwide instability will cause oil prices to rise to 150$ then 200$ (as talked about by lindsey williams recently) with oil opening up in the US in texas, montana, alaska, and colorado... Apparently we have a lot of oil, to the tune of 8x more than Saudia Arabia.. 2 Trillion barrels is what he is talking about...


North korea will be an interesting part...

But in the end we need to deal with our bankers at the Federal Reserve...


Thu, 02/24/2011 - 01:12 | 991840 chump666
chump666's picture

India news on food protests it, was on wires mins ago

Thu, 02/24/2011 - 06:33 | 992182 sabra1
sabra1's picture

i, i, just awoke from my coma, so, what's new?

Thu, 02/24/2011 - 01:13 | 991854 arkady
arkady's picture

There are now some kind of protests in almost every major country.  There are reports that showing Bolivia, India, China, North Korea, have all experienced something or other.


It is insane to see such places like N. Korea experiencing protests, just insane.  It is probably the tightest police state in the world at the moment.

Thu, 02/24/2011 - 01:25 | 991893 Cistercian
Cistercian's picture

 Yes, Kim jong-il's workers paradise is a very scary place to try to dissent in.The reeducation camps/prisons are legendary(if they don't shoot you outright).

  The people their are fed up and well as the victims of famine.

 The overthrow of the Kim regime would be glorious...but if reunification happened, the south would have a tough time of it.The north is a crater economically...not to mention the education challenges.

Thu, 02/24/2011 - 01:45 | 991949 vxpatel
vxpatel's picture

Can the stupified fructosed out nation of consumers be prodded enough into protesting?

Thu, 02/24/2011 - 10:15 | 992539 Chump
Chump's picture

Yep, but by the time we get up off our collective fat asses it will already be too late.

"I strongly denounce the absence of milk and bread in our grocery stores!"

"Hell Yes, Send Us Our Checks!"

"Respect Our Rights!  Give the People Food!"

Good luck, zombies, you're gonna fucking need it.  We all are.

Thu, 02/24/2011 - 02:55 | 992082 Ahmeexnal
Ahmeexnal's picture

London has more surveillance cameras than any other city in the world.

Didn't stop rioters in that tight police state.

Thu, 02/24/2011 - 10:04 | 992512 Monday1929
Monday1929's picture

1% of world population, 25% of cameras.

Thu, 02/24/2011 - 07:25 | 992215 YHC-FTSE
YHC-FTSE's picture

My thoughts exactly. Protests in NK are just unheard of. Horrid about any civilian deaths, of course, but at the same time gratifying to read that they are not all totally brainwashed sheep. No facebook, no tweeter, no www - so getting the word out is going to be impossible over there. Shame.

Thu, 02/24/2011 - 01:18 | 991865 props2009
Thu, 02/24/2011 - 01:21 | 991875 Josh Randall
Josh Randall's picture

<insert Pollock joke here>

Thu, 02/24/2011 - 01:32 | 991913 gwar5
gwar5's picture

I have to hand it to Poland. They have been through so much in recent history -- the Germans, the Soviets. But they remain a strong and proud freedom loving people when they could have completely devolved.

Thu, 02/24/2011 - 01:18 | 991867 Money Squid
Money Squid's picture


All together now.....

Thu, 02/24/2011 - 01:20 | 991873 Hacksaw
Hacksaw's picture

People have had it, what's amazing is the spark was struck in Tunisia. Who would have ever thunk it? Tunisia, most folks had never heard of it.


but what can a poor boy do cept sing in a rock & roll band

Thu, 02/24/2011 - 01:52 | 991974 Money Squid
Money Squid's picture

May I suggest this little melody

I was lucky enough to see RATM play outside the 2000 democratic national convention in Los Angeles. They are a great band. Never knew LA had that many police, all lined up waiting to start some shit.

Thu, 02/24/2011 - 02:26 | 992047 saulysw
saulysw's picture

I could have sworn that when I clicked on your vid I was going to get this...

Thu, 02/24/2011 - 08:34 | 992289 Bubbles...bubbl...
Bubbles...bubbles everywhere's picture

I think it's going to be a little more american style.

Thu, 02/24/2011 - 01:21 | 991879 JW n FL
JW n FL's picture

Free South Korea!!!! Bitchez!!!

Thu, 02/24/2011 - 01:24 | 991892 silver_serf
silver_serf's picture

Free Willy!!

Thu, 02/24/2011 - 06:49 | 992193 Joe Sixpack
Joe Sixpack's picture

Free money for all (from helicopters)!

Thu, 02/24/2011 - 01:24 | 991887 JW n FL
JW n FL's picture

dont forget the cheap vodka at costco... for cocktail hour, coming to a City near you sooner than later!!!

Thu, 02/24/2011 - 01:28 | 991904 gwar5
gwar5's picture

I have to hand to the North Koreans. I don't know how they got hold of I-Phones and learned how to use facebook, but good on them! If anybody needs to go it's the Nork regime and the Irant regime.

Amazing they can get news in there and out of there. They will starve to death or die fighting for their freedom.

Meanwhile, our Wisconsin union comrades continue their selfless fight so they can force everyone to be a dues paying member so they can continue to collectively bargain for the color of the classrooms, the temperature in the rooms, $50 or 75$ more per day/child for every child over > 20/classroom and, of course, so the environment in the all lounges are all feng shui compliant.  

Thu, 02/24/2011 - 01:37 | 991923 JW n FL
JW n FL's picture

Trust me, when I tell you... the teachers in the Great White North are not what is breaking our Country in 2...


say it with me...


$800 Billion dollars... TARP the first Banker handout...

Un-Employment Benefits cost $1 billion per month per 10%...

so.. 20% ='s $2 billion a month...

divided by the $800 Billion dollar hand out to the Bankers the first go round... would equal 15 plus years of coverage of Un-Employment Benefits...

The Un-Employed are not the problem any more than any other broke / working class stiff... Union or no Union...

The Trillions being stolen from everyone, every day are going to the Bankers.. who already ass fucked us all before the hand outs... record bonus monies last year, to the Bankers...

With the money we give the Bankers.. Printed out of thin air, then we pay the interest payments on it too Boot! is what is killing our Country... not teachers and colored walls...

Dont fall victim to the Blame the other broke guy tactic... Divide and Conquer should be our phrase not one used against us.

The teacher in Wisconson are not the Problem, Trust me... I am with you, not against you. I fucking Promise!

Thu, 02/24/2011 - 07:11 | 992201 Dollar Bill Hiccup
Dollar Bill Hiccup's picture


Thu, 02/24/2011 - 01:30 | 991908 stoneman sacked
stoneman sacked's picture

The only way for Bernanke to redeem himself is by getting rid of Chicoms

Thu, 02/24/2011 - 01:40 | 991930 JW n FL
JW n FL's picture

He De-Vlaued the dollar to De-Value the debt held against the dollar... mean while bailing out the Bankers... while our monies get printed into nothingness...


If Bernake adds 30% new money... your dollar goes down in value 30 fucking %... get it..


Thats why the ChiComs Bailed! they are smart, they got out of the dollar before it was printed into nothing.

Thu, 02/24/2011 - 01:49 | 991965 reader2010
reader2010's picture

No, they still hold shit loads but haven't added more recently. 

Thu, 02/24/2011 - 05:07 | 992145 fajensen
fajensen's picture

If oil goes to USD 200 and higher, China will have to surrender all their pesky USD hoardings to the Arabs while the US just prints whatever it takes to pay for the oil!

Maybe Bernoike and Crew are Smarter, Much Smarter!?

Thu, 02/24/2011 - 01:41 | 991933 e_goldstein
e_goldstein's picture


Thu, 02/24/2011 - 01:42 | 991942 reader2010
reader2010's picture

But the Chicoms are the best pals of the Wall Street. 

Thu, 02/24/2011 - 01:44 | 991950 e_goldstein
e_goldstein's picture

see above.

Thu, 02/24/2011 - 01:45 | 991952 DaBernank
DaBernank's picture

The most interesting result of Fed printing is the possible breaking of the Yuan peg. Well, I guess hyperinflation could be *interesting*... Perhaps I should say the only non-terrifying result of Fed printing.

Thu, 02/24/2011 - 02:07 | 992008 reader2010
reader2010's picture

Breaking of the peg will be a suicidal event for Chicoms. 

Thu, 02/24/2011 - 09:33 | 992413 tmosley
tmosley's picture

You do not know of which you speak.  Little pieces of paper are worthless unless they are traded for goods.  The Chinese may as well be dumping their goods in the ocean for all the utility they are getting by selling them in the US.  Their government could print up the Yuan to pay for them, and the situation in China would be UNCHANGED from what it is now.  They just wouldn't be accumulating the foreign reserves they are now.

Thu, 02/24/2011 - 01:36 | 991920 chump666
chump666's picture

widening CDS spreads for Asia...Bernanke itching for the QE3.

I think WW3 will start shortly.

Does that idiot Krugman still think global warming is responsible?'s his butboy BB getting loose on Keynesian

Thu, 02/24/2011 - 01:41 | 991934 reader2010
reader2010's picture

Blame it on al-Qaeda instead.

Thu, 02/24/2011 - 01:41 | 991939 JW n FL
JW n FL's picture

when the rolling black outs start... you will wish you would have bought some solar panels... before your dollars were printed into nothingness...


Silver Physical.. Gold Physical... Solar or Wind... PHYSICAL!!! and a water source you control...


Need I mention guns and ammo? or have you read my stuff before?

Thu, 02/24/2011 - 01:56 | 991985 DoChenRollingBearing
DoChenRollingBearing's picture

I have read your stuff before JW.

Wise advice, I need to get a solar source/device to keep us w/ minimal electricity here.  Not to mention water devices (solar stills for seawater for example).

Guns & ammo!  Stored up food!  Wise adice that the Bearing is working on.

Thu, 02/24/2011 - 02:05 | 992005 reader2010
reader2010's picture

what about the internet connection?

Thu, 02/24/2011 - 02:25 | 992039 reader2010
reader2010's picture

without the payments from its customers, directv will have to shut down its operations too. facebook and google will largely disappear all together. 

here is the primer,

Thu, 02/24/2011 - 02:28 | 992046 JW n FL
JW n FL's picture

this looks better..

as for shutting down? I would think that satelite has a better chance of staying up, pun not intended..


if you liked that video you will Love this one.. enjoy!

Thu, 02/24/2011 - 02:39 | 992064 reader2010
reader2010's picture

without shooting data stream every second one way up to those routers aka satellites, directv's network can't function. their data center in Colorado will be shut down as well. There will be no internet.




Thu, 02/24/2011 - 02:41 | 992068 JW n FL
JW n FL's picture

I would have to agree that if things got really bad I would not be able to sign in and chat with ya'll which would suck... but maybe we can organize a pirates meeting place for the fight club members?

Thu, 02/24/2011 - 05:30 | 992153 Overflow-admin
Overflow-admin's picture

The best practice would be to build a custom virtual network over Wi-Fi gateways or computers for short scale networks. Better if the next gen 10km Wi-Fi norm can be implemented ASAP.


Large-scaling problem is still the same. You'll need much more energy and maintenance staff, whatever is the physical support (optic fiber, directed waves, etc.). In my opinion directed waves stations are the best for short-term response (that's what military use) because it is easier to setup that kind of network than taking charge of existing backbones.


My opinion is it's possible to keep some basic internet services available worldwide, but you'll have to forget bandwidth in order to reduce energy / maintenance requirements.


Internet yes, but "back to the roots" style.

Thu, 02/24/2011 - 06:04 | 992165 Arkadaba
Arkadaba's picture

BBS - no !!!!!!

Thu, 02/24/2011 - 06:09 | 992167 Arkadaba
Arkadaba's picture


Thu, 02/24/2011 - 01:39 | 991931 e_goldstein
e_goldstein's picture

grey swans, bitchez.

Thu, 02/24/2011 - 01:43 | 991946 astartes09
astartes09's picture

Hungry people rarely stay hungry for long.

Thu, 02/24/2011 - 01:48 | 991960 Worker Bee
Worker Bee's picture

Tell that to the Ethiopians....

Thu, 02/24/2011 - 01:47 | 991958 What_Me_Worry
What_Me_Worry's picture

This will ruin their economy.

Thu, 02/24/2011 - 05:54 | 992162 oh_bama
oh_bama's picture

What? Have you been to China before? They seem US citizens as poor borrowers begging for more credit.. Normal citizens walking on teh street typically have 1 mil USD net assets. Real and financial assets guys.

Wake up guys.

Thu, 02/24/2011 - 05:54 | 992163 oh_bama
oh_bama's picture

What? Have you been to China before? They see US citizens as poor borrowers begging for more credit.. Normal citizens walking on teh street typically have 1 mil USD net assets. Real and financial assets guys.

Wake up guys.

Thu, 02/24/2011 - 01:50 | 991967 chump666
chump666's picture

anyone following FX options...

$400million straddle bought on the USD/YEN at the money,

major swing trades coming up.

so USD bid, stocks KO'ed.

I'll bet nutball Gadaffia, how ever you spell his F*** up name, blows up his oil fields.

Thu, 02/24/2011 - 01:53 | 991980 haskelslocal
haskelslocal's picture

Doesn't this happen every day in North Korea except we just don't hear about it? Now, to compliment the rest of the mess, it's news... Yet it's not. That's a country that does need to beat the shit out of itself.

Thu, 02/24/2011 - 02:00 | 991996 Dr. Porkchop
Dr. Porkchop's picture

Gas up to 1.21 L from 1.17 tonight (Canada) will probably see 1.35 or more by the end of this month the way things are going.

On NK, I wouldn't doubt China stepping in to create stability, they like having that crazy little fuck as a buffer between them and a pro west democracy.

Thu, 02/24/2011 - 02:01 | 991997 scottsinvestmen...'s picture

I've suggested a new title for 'ol Ben - "Che Ben".  He is the monetary butterfly who flapped his wings, causing revolution and famine halfway across the world:

Thu, 02/24/2011 - 09:52 | 992482 Monday1929
Monday1929's picture

" Butterfly Ben"

Thu, 02/24/2011 - 02:00 | 991999 mberry8870
mberry8870's picture

I called a friend of mine in Korea who is an executive at a major financial institution. According to him there have been 8 bank runs out of a possible thousand. His view was this was not a classic bank run but a proper run on a number (small) undercapitalized banks.

Thu, 02/24/2011 - 02:12 | 992018 JW n FL
JW n FL's picture


watch this shit, you will want to cry for those people... Fuck Kim, someone needs to cut his fucking head off.. fat old fucker!

Thu, 02/24/2011 - 02:23 | 992042 Cammy Le Flage
Cammy Le Flage's picture

That video is from a while ago but it is real.   Let's be in the now please.   It is on.   But know that the video reflects reality.  Which is now changing rapidly and going on everywhere at the same time.   The news can't keep up.

Thu, 02/24/2011 - 02:21 | 992037 Cammy Le Flage
Cammy Le Flage's picture

As they say in the Bahamas...."Ain't long now!"

Thu, 02/24/2011 - 02:36 | 992059 Printfaster
Printfaster's picture

China has the same view of North and South Korea that it has of Tibet, Hong Kong and Taiwan:  They are inferior neighbors that must be solidified Han.

Wonder where the bank runs in South Korea originated from?  If China moves into the North, South Korea's days as an independent country are numbered.


Thu, 02/24/2011 - 02:41 | 992066 Temporalist
Temporalist's picture

What does China benefit by taking NK?  More young, starving, rebellion ready people?  Arable land perhaps...or tungsten and gold.  They don't need the nukes.  NK doesn't have any great technology (or maybe they can clone dictators these days).

Thu, 02/24/2011 - 02:49 | 992071 reader2010
reader2010's picture

Since 2010, China has been relocating some export factories to NK as we speak. We are talking about almost zero labor cost right there. 

Thu, 02/24/2011 - 02:55 | 992081 Printfaster
Printfaster's picture

"What does China benefit by taking NK? "

And China gained what from taking over Tibet?  A lot of high dust is about all.  China takes what it wants, and you have nothing to say about it.  That bullet will cost your family about 50 cents, due on delivery.

Thu, 02/24/2011 - 03:33 | 992105 jumpy
jumpy's picture

FYI, the people in Hk and Taiwan are Han. As for Tibet, it is for the water. Tibet is the source of major rivers running into southern China and for India as well. You have the typical arrogance of the ignorant.

Thu, 02/24/2011 - 11:37 | 993012 Printfaster
Printfaster's picture

I had a student who was ethnic Taiwanese.  They are not Han.  Your comment is typical of Han Chinese who detest the rest of the world.

I have known many westerners who speak Mandarin and find the Chinese cheating them openly, in Mandarin of course, thinking that the westerners cannot understand.  There appears to be culture in China that is quite hostile to any other race or ethnic group, unlike anything I have ever seen, even in Japan.

Thu, 02/24/2011 - 09:03 | 992342 gwar5
gwar5's picture

They'll have cheaper labor than their own people and keep them from being refugees onto the mainland and they'll get my everlovin' thanks for getting rid of the Norks. And we can maybe bring $$ troops home from the DMZ.


Thu, 02/24/2011 - 02:57 | 992083 RmcAZ
RmcAZ's picture

Apr Brent just cut right through $113 and just hit $114.

Thu, 02/24/2011 - 03:35 | 992106 RmcAZ
RmcAZ's picture

Goodbye $114, hello $115... oh shit... wait for it... $115.50.

Thu, 02/24/2011 - 03:00 | 992084 The Answer Is 42
The Answer Is 42's picture

Don't get all ADHD on this. Nothing to do with inflation. Bernanke gets no credit.

Thu, 02/24/2011 - 04:18 | 992123 slackrabbit
slackrabbit's picture

Just remember other countries are having food riots as well....Pakistan is having a good one, and thats when its not the terrorists.


Thu, 02/24/2011 - 06:16 | 992172 Weisbrot
Weisbrot's picture

I didnt know the seiu were busing in for the 2012 presidential campaign yet

Thu, 02/24/2011 - 06:25 | 992178 QEsucks
QEsucks's picture

"typically have 1 mil USD net assets"... yes, yes I have. Clearly, you haven't.

Thu, 02/24/2011 - 07:14 | 992206 scratch_and_sniff
scratch_and_sniff's picture

What about Israeli CDS ?

Thu, 02/24/2011 - 07:48 | 992234 compound interest
compound interest's picture

what about Venezuela? I wouldn't be surprised if Chavez was the next on the recent list of dictators getting fired. It would influence the oil prices, too.

Thu, 02/24/2011 - 08:56 | 992333 gwar5
gwar5's picture

I hope so!

Thu, 02/24/2011 - 09:38 | 992426 Zina
Zina's picture

This will not happen, because Chavez was elected and re-elected in elections considered free by all international observers. And in Venezuela, people can freely criticize the government without being arrested or tortured. So, if people is not happy with Chavez, they will simply voice their discontentment and prepare for the next elections, when they can vote for one of the opposition parties.

Thu, 02/24/2011 - 08:01 | 992245 buzzsaw99
buzzsaw99's picture

You can tell from the size of the people in N. Korea that they have been starving for generations.

Thu, 02/24/2011 - 09:18 | 992370 ageofreason
ageofreason's picture

Well, not the portly little dictator anyway.....

Thu, 02/24/2011 - 09:22 | 992380 GerritB
GerritB's picture

India aswell because of the higher prices...

Thu, 02/24/2011 - 09:34 | 992414 Zina
Zina's picture

Now, THIS is scary, because Kim Jong-il is as mad as Gaddafi, but he is a "mad dog" with nukes... If Gaddafi can air bomb his own people, Kim Jong-il can NUKE his own people. And he will not fall without dropping some nukes in Seoul and Tokio...

The only hope is that the Chinese military quickly occupy North Korea and dismantle the nukes, before Kim Jong-il have any time to launch.

Sat, 02/26/2011 - 22:24 | 1000815 Lapri
Lapri's picture

North Koreans are screaming "Give us fire [electricity], give us rice!"

From Chosun Ilbo on 2/23/2011:

"Small pockets of unrest are appearing in North Korea as the repressive regime staggers under international sanctions and the fallout from a botched currency reform, sources say. On Feb. 14, two days before leader Kim Jong-il's birthday, scores of people in Jongju, Yongchon and Sonchon in North Pyongan Province caused a commotion, shouting, "Give us fire [electricity] and rice! "

"A North Korean source said people fashioned makeshift megaphones out of newspapers and shouted, "We can't live! Give us fire! Give us rice!" "At first, there were only one or two people, but as time went by more and more came out of their houses and joined in the shouting," the source added.

"The State Security Department investigated this incident but failed to identify the people who started the commotion when they met with a wall of silence.

""When such an incident took place in the past, people used to report their neighbors to the security forces, but now they're covering for each other," the source said."

The article says the reason for electricy diversion was the birthday celebration of Kim Jong Il in Pyongyang - light up the night sky.

Do NOT follow this link or you will be banned from the site!