Tuesday, July 25, 2006

China freezes out Pyongyang | The World | The Australian

China freezes out Pyongyang | The World | The Australian: "CHINA'S relationship with its former satellite North Korea is unravelling fast, underlined by reports yesterday that the People's Bank of China has frozen all North Korea's accounts.

South Korean parliamentarian Park Jin said he had learned on a visit to Washington that through its action the Chinese central bank had responded to persistent North Korean counterfeiting of its currency, the yuan."

23 comments:

cf said...

Last week I read that China had sent some trains of relief supplies into N.Korea and N. Korea (whose rail system is failing apart) kept not only the contents, but the trains as well, leaving the crews to make it home by other means.

buddy larsen said...

NoKo has been counterfeiting the Dollar, too--the Feds have been raising hell with certain Asian banks.

buddy larsen said...

Guess they figured that one way to make money is to actually "make" money.

chuck said...

Buddy,

Maybe it really does grow on trees.

buddy larsen said...

--that's what the wealthy arborist says--

Barry Dauphin said...

Chcuk
Maybe it really does grow on trees.

If so, it's the only thing in North Korea that actually grows.

Unknown said...

One of the reasons the US pulled out of bilateral talks with NK was counterfeiting. It seems they had a real business going in $100 bills. They got caught, and it seems they did not learn their lesson. They are criminals.

buddy larsen said...

Extortionists with ICBMs? Somebody take us back to '94 for a "do-over"--quick!

Rick Ballard said...

I wonder if China caught on when the Norks insisted on paying in cash and gave them a choice of yuan or $100 bills?

Unknown said...

skook:

Hey, I could use a few hundred myself.

buddy larsen said...

hit song "As Norks Go Buy" from "CashaBlanka":

You must Remembi this,
a buck is not a buck,
a yuan is not a yuaaaan...
the fundamental things don't apply...
as Norks go buy....

buddy larsen said...

The cat reminds me of the guy who broke down along the country road. He's under the hood when this cow looks over the fence and says "Check your fuel line".

Guy screams and runs back to the farmer's house a mile back, and screams at the farmer "YOUR COW TOLD ME TO CHECK MY FUEL LINE!"

Farmers answers, "oh, her--she thinks she knows EVERYTHING about carburetors".

chuck said...

LGF is reporting uncut sheets of $100 bills visible in a newsreport from Beirut. From NK to Hizbollah?

buddy larsen said...

somehow I'm leery of any business deals on Shaftsbury street--

MeaninglessHotAir said...

Buddy: Somebody take us back to '94 for a "do-over"--quick!

It was my understanding that Hillary was planning exactly that. And with health benefits!

buddy larsen said...

PeterUK, airborne in Bristol Beaufighter Coupe, over Birnham Wood, in the forests of Dunsinane.

Luther said...

PeterUK, please do not take offense.

But, Buddy, that was perfect!

And Skook, I'm sorry, though you did not comment, just sourced, the Blenheim's are just ugly. Except that if one were sitting in one, it would be quite luxurious, I'm sure.

buddy larsen said...

Luther--when "Mad Max" came out, little did we guess that Mel Gibson was a *Prophet*.

buddy larsen said...

I'm that way with the 60s/70s VW Karmann Ghia.

buddy larsen said...

DeHavilland Mosquito--400 mph high-altitude plywood beauty--

Luther said...

Damn Buddy, more truth than fiction in that comment. We against the hordes. It is that simple, isn't it? Good vs. Evil, the age old dialog. That we still fight.

PeterUK, perfect, hell of an airplane, out of plywood no less!

Skook, just the words to convince the wife..."dash of practicality".

buddy larsen said...

umpteen kazillion dollars and 99 cents.

buddy larsen said...

On *that* scale, nothing beats the winged '59 Caddy.