Economics
News
Asia‘s Great Wealth Divide
As Nikkei points out with this awesome graphic, while the nations of East Asia have the fastest growing economies in the world, there is still a lot of work to be done in closing the gap between the nations’ poorest and wealthiest citizens. Nikkei notes that the gap is greatest in Malaysia and that disparities […]
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News
The Purge of Jang Song-thaek: Kim Jong-un Consolidates His Power As Top Officials Purged in Largest State Show Trials Since Kim Il Sung’s Purge of the Domestic Faction in 1955
- December 25, 2013
- China
- Choe Ryong-hae. methamphetamine
- Democratic People's Republic of Korea
- DPRK
- Economics
- Economy
- Jang Song Thaek
- Kim Dynasty
- Kim Il-sung
- Kim Jong-il
- Kim Jong-Un
- Kim Kyong-hui
- Kim Won-hong
- Korea
- Nam Jae-joon
- North Korea
- Paektu line
- People's Republic of China
- PRC
- purge
- South Korea
- South Korea National Intelligence Service
- trade
Possible turmoil in the DPRK as reports are swirling about the execution of Jang Song Thaek, Kim Jong Un’s uncle and nominal second-in-command of the Democratic People’s Republic of Korea. A full-scale purge is believed to be underway as thirty-year-old Kim Jong Un seeks to eliminate factionalism within North Korea to consolidate his nascent rule […]
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J Pop Group Machikado Keiki Japan Draws Inspiration from the Nikkei Stock Average
Kanon Mori, Yuki Sakura, Hinako Kuroki and Jun Amaki comprise the J Pop girl group Machikado Keiki Japan, the latest singing sensation in the land of the Rising Sun but this time with a twist – their songs and music videos draw inspiration from the ups and downs of Japan’s stock market, the Nikkei. The girls range in ages from 16 […]
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Bitcoins: The Internet’s Virtual Currency
A currency that is neither tied to a natural resource nor controlled by any central authority, bitcoins represent a unique manifestation of the dynamic changes the internet and the connected international culture it has spawned bring to the world of economics and global commerce. As covered previously here on Demagaga, bitcoins can be used to […]
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Japan Records High Trade Deficits in 2012 Due to Fall in Exports to China
Japan’s economy had record high deficits during 2012 due to falling exports to Europe and China in a trade gap estimated at $78 billion. Newly elected Liberal Democratic Prime Minister Shinzo Abe has proposed an aggressive round of stimulus spending to stoke the fires of economic development in the world’s third largest economy. The […]
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Department Store Shopping in North Korea: Propaganda Video Gives Viewers a Glimpse of the High Life in the DPRK Capital Pyongyang (평양)
- January 17, 2013
- Asia
- China
- Chosŏn Rodongdang
- commerce
- Communism
- Consumerism
- cult of Kim
- Department Store
- DPRK
- DPRK propaganda
- East Asia
- Economics
- Kim Family
- Korea
- Korean War
- Korean Workers' Party
- KWP
- North Korea
- People's Republic of China
- PRC
- Propaganda video
- Pyongyang
- shopping
- showcase capital
- SOE
- Soviet propaganda
- state owned enterprise
- 조선로동당
- 조선민주주의인민공화국
Stories about North Korea often focus on the hardships endured by its people. Whether it is from famine or persecution, deprivation or political oppression, rarely does a bright light shine out of North Korea. This is perhaps because what few bright lights there are in North Korea mainly glow in Pyongyang (평양), where it seems most, if any, perks to […]
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Video
Funny as Hell: Bill Maher’s New Rules of 2013
Comedian Bill Maher in a review of his best “New Rules” of 2013 Bill Maher New Rules | Best of 2013 From runaway highway masturbators to political inanity, here are the best “New Rules” Bill Maher has developed from 2013. Hilarious as always.
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