Hosts Sug Shin and Dan Chung discuss the disastrous 2009 North Korean currency reform. While not a salacious topic, the effects were devastating for the people of North Korea. Overnight, the North Korean people were instructed to change their old money for new money but the cap on this exchange was the equivalent of $40 USD. This destroyed the life savings of many North Koreans, sent the economy into a nose dive, and even lead to a rare case of political unrest. Dan also shares a call he had in 2009 with people who work in North Korea and their strange request for rice. The hosts also discuss who took the fall and how this man was executed, who is actually safe in North Korea, and how the power of the regime is mixed with their own cult of personality. The hosts conclude as they usually do, by giving suggestions to the regime on how they can do a better job next time. Support the show

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