Wednesday, December 9, 2009

Currency revaluation in North Korea

In North Korea's case, a currency revaluation means a complete currency collapse. Iceland learned this last year, and many more countries could in the near future.

http://www.timesonline.co.uk/tol/news/world/asia/article6940482.ece


This is what happens when a financial system and the masses rely on a decrepit paper currency.

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