It would seem that Kim may well have run out of cash.Two Chinese sources with connections to North Korea’s ruling elite told RFA’s Korean Service Wednesday that Kim—now in his seventh year of leading the North—has nearly exhausted the slush fund he inherited from his predecessor and no longer has enough money to govern the country.— Strategic Sentinel (@StratSentinel) January 26, 2018
It is not surprising that he has run out of cash, as attempting to push for economic growth and increase military expenditure at the same time is simply not possible in an economy as weak and pathetic as North Korea. The Soviet Union was brought to its knees by trying to achieve those two goals.
That being the case that Kim has run out of cash, the sudden enthusiasm for the Olympics is doubtless geared to finding ways and means to raise more cash.
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