In international law, Bankruptcy protection lasts 70 years.
The bankruptcy began with the issue of their public debt money on Dec. 6th, 1947.
North Korea's protection ends on Dec. 7th, 2017.
NORK has been waiting for this day for a long time and explains their actions of late.
Soon, the jackals will move in to repossess the region and overthrow and replace the Kim Jung Un regime.
NORK has Hydrogen Bombs. NORK uses the Hungnam (Konan) Complex (special weapons facility) to produce many Weapons of Mass Destruction. They inherited this from the Japanese during ww2, which the Japanese themselves had a Nuclear Weapons Program.
https://fas.org/nuke/guide/dprk/facility/hungnam.htm
https://en.wikipedia.org/wiki/Japanese_nuclear_weapon_program
Koreans practically invented paper currency and movable type.
NORK is the largest counterfeiter of American Dollars in the world, producing the highest quality ones, known as the Super-dollar: https://en.wikipedia.org/wiki/Superdollar
Kim Jung Un's time is almost up!
>>140100175
Here, have a bump.
>>140100175
So this means they have to start paying their debt back as of Dec 7th?
>>140101316
the reapers will come to collect
>>140101316
No, they had 70 years to pay back their debts.
It means if they haven't paid off their loans (the citizens are responsible) then the creditors can come in and repossess, which is what is about to happen. NORK isn't going without a fight.
>>140100175
Not too familiar with global economics, someone care to explain to a dunce.
Thanks in advance.
>>140100175
>currency literally named after winning
Best Korea
>>140101713
In the USA.
The Coinage Act of 1792
The National Banking Act of 1863
The Gold Reserve Act of 1933
in 2003...from wikipedia.
"May 13, 2003, The Treasury announced that it would introduce new colors into the $20 bill, the first U.S. currency since 1905 (not counting the 1934 gold certificates) to have colors other than green or black. The move was intended primarily to reduce counterfeiting, rather than to increase visual differentiation between denominations. The main colors of all denominations, including the new $20 and $50, remain green and black; the other colors are present only in subtle shades in secondary design elements. This contrasts with notes of the euro, Australian dollar, and most other currencies, where strong colours are used to distinguish each denomination from the other.
The new $20 bills entered circulation October 9, 2003, the new $50 bills, September 28, 2004. The new $10 notes were introduced in 2006 and redesigned $5 bills began to circulate March 13, 2008. Each will have subtle elements of different colors, though will continue to be primarily green and black. The Treasury said it will update Federal Reserve notes every 7 to 10 years to keep up with counterfeiting technology. In addition, there have been rumors that future banknotes will use embedded RFID microchips as another anti-counterfeiting tool."
>>140102325
Every 70 years the Debt is reorganized in the United States.
>>140101694
Interesting. That would make sense that they have seriously accelerated their ICBM and hydrogen bomb testing.
>>140102464
So, NK owes us?