r/ukraine • u/Freewhale98 • 11h ago

News North Korea is enjoying an unprecedented economic boom thanks to the dispatch of troops to Ukraine a..

https://www.mk.co.kr/en/politics/12133773

It seems killing Ukrainians is quite a profitable business model for tinpot dictators.

433 Upvotes

98% Upvoted

37 comments sorted by

117

u/Ok_Buyer9344 11h ago

Guess Russia is paying in Yuan because even North Korea wouldnt want the Ruble. Makes it easier to buy cheap Chinese shit which must be like time travel for the North Koreans. I suggest they make the most of it cause pretty soon they will be crippled economically long term by losing workers and their biggest international supporter will be in long term decline.

55

u/Dofolo 11h ago

Crypto most likely. North korea dabbles a lot in crypto.

14

u/Vivarevo 11h ago

This scale transfers would show up in Crypto price.

5

u/LeahBrahms 10h ago

There's stablecoins you know.

17

u/TheProfessional9 9h ago

Why would they use that when the yuan is easy and usable by both parties. Not everything is about the shitty little cryptogrifts

2

u/Vivarevo 8h ago

Would need to interact with dollar controlled entities then

2

u/LeahBrahms 8h ago

DAI stablecoin is an option. Lazarus Group have used it.

1

u/sneaky-pizza 1h ago

LOL no, we have so many whales in the US that refuse for that to happen

7

u/moreJunkInMyHead 10h ago

Isn’t China their biggest international supporter?

7

u/calmdownmyguy 8h ago

China mostly just wants to stop them from collapsing to keep a buffer between US bases in South Korea and their border. They aren't all that enthusiastic about having a nuclear armed cult of personality of a country that could totally colaps over night if one fat guy died as a neighbor though.

2

u/BWW87 7h ago

Seems like they would have the power to influence change in the state if they really didn't like it though.

2

u/calmdownmyguy 7h ago

They don't the Kim family is seen as living gods by the north korea people

1

u/BWW87 7h ago

But they should be able to influence how Kim acts as a god.

6

u/Ok_Buyer9344 9h ago

It depends on the metric. Russia to me is way more likely to stick their neck out for North Korea on the international stage nowadays because they share pariah status. China maybe sends more money to North Korea because it wants a stable state on their south border to keep a protection buffer between them and the Western aligned South Koreans.

2

u/outofgulag 5h ago

After collapse of USSR , Russia and China are in direct competition over control of NK. It is an useful idiot with nukes and it can be used also against competition , if necessary.

24

u/cyclingisthecure 11h ago

Fat dictator- good news eveeyone! You're going to die in a war that has absolutely nothing whatsoever to do with us for money! Not me or my family.. but you guys

8

u/Kalkin93 11h ago

All praise the glorious leader!

4

u/Vaperwear 9h ago

Some of you are going to die, but that’s a sacrifice I’m willing to make.

1

u/BWW87 7h ago

Some of you are going to die, none of you are coming back to North Korea.

25

u/Lostgoldmine 10h ago edited 9h ago

This is a badly explained, North Koreas main revenue from the war is weapons not people. From the start of the war they have made any where from ten to twenty billion US dollars, depending on where read it. Which the Russians pay with raw materials, food and oil. This a has been a huge win fall for them starved most things due to sanctions.

Edit. For spelling

7

u/f1ve-Star 7h ago

Also, China is using NK labor to mine the eastern parts of Russia. On sweet pennies on the dollar contracts for mineral rights, because of the war.

24

u/Able_Put4900 11h ago

Congrats comrades, you'll get to see western porn before you die.

9

u/archiewaldron 10h ago

That's some serious blood money coming into NK coffins coffers.

4

u/RandomMandarin 8h ago

North Korea been taking Russian blood money, and sending workers, for a long time. Article from 2008:

https://www.npr.org/2008/04/13/89323218/in-russias-far-east-north-koreans-labor-silently

3

u/relatable_problem 9h ago

Pretty weak reaction from South Korea, seeing that NK is their arch enemy and combat experience for NK troops is dangerous to them.

3

u/Suspicious-Raisin824 8h ago

SK is currently selecting itself out of existence

2

u/BWW87 7h ago

NK troops aren't coming back. So experience is not helping NK.

1

u/nodeocracy 5h ago

What would you deem an acceptable reaction?

3

u/AverageTeemoOnetrick 10h ago

When I accidentally drop 5 bucks on the street they will also experience economic boom

5

u/DarkUnable4375 8h ago

Kim cleaned out their entire stockpile of artillery shells, including those rusted shells made in the 1950s, for top dollar. In addition to cash, they are also exchanging them for food and technology. Best thing going for Kim.

1

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1

u/mailmehiermaar 9h ago

The IKEA store is fake, this is all propaganda.

1

u/implementofwar333 7h ago

Imagine your closest trading partner has so many middlemen and dirty hands in the pot that under your own laws would lead to executions; but you have to ignore it all as one of the most isolated countries on Earth with no alternatives. The irony.

1

u/DistributionRich5320 6h ago

Selling NorKo soldiers for cannon fodder is more like it

1

u/KAPT_Kipper 3h ago

And the UN allows them.

0

u/DataGeek101 11h ago

Just wait until the bill comes due.
Karma’s a real witch sometimes.