Why there is No Austerity in People’s Korea .

Some people say that People’s Korea is no different to the capitalist countries and has austerity . Recently the Supreme People’s Assembly (the highest law-making body in the DPRK ) the 12th session of its 14th term . At the meeting held at the Mansudae Assembly Hall in the centre of Pyongyang Deputy Ri Myong Guk, minister of Finance of the DPRK gave a report . In the report he stated that budgetary revenue in the DPRK over the past year had increased by 4.3 per cent and that spending by the state had increased by 3.2 per cent . Two things of importance to note there ,firstly spending in the DPRK is being increased and not cut ,secondly , the DPRK is NOT spending more that ‘earns ‘ ,it is actually operating with a small budgetary surplus ! It is planned to increase spending by another 3.2 per cent during the coming . 37 per cent of the state budget will be spent on health ,education and sports . The DPRK is not cutting public expenditure unless the capitalist countries which have continuous cutbacks and austerity for years and years.


Unlike the capitalist countries the DPRK funds its public spending through the profits of state owned industries .The DPRK government does not borrow money from banks nor does it print money to create revenue .The free-market , 100 per cent USA has a staggering national debt of $36 trillion equivalent to $107,000 per US citizen . The US pays $1 trillion in payments on the national debt . So much for the “land of the free “.

Back in 2007-2008 banks in countries like the UK and US collapsed and had to be bailed out by the government or more accurately the taxpayer. In People’s Korea no bank has ever collapsed or needed by bailed out , this is because People’s Korea has a socialist planned economy and a Juche-based self-reliant independent national economy . None of its banks are owned by foreign banks and the DPRK is not a member of the IMF, World Bank , WTO or WEF so they control and plan its economy in its own interests .

It is another miracle of Juche that People’s Korea can increase public spending but at the same time not borrow or print money . There is no austerity or empty shops in People’s Korea .

Like the chupacabra, those 11,000 North Korean suicide-troops, 5500 of which were supposedly killed & wounded littering the Kursk battlefield in the span of a few months, simply vanished without a trace.

Expect a spooky History Channel show about this.

- Journalist Mark Ames on X

😂

@Slavyangrad

Moon of Alabama gör ett bra jobb med att summera hela (fejk-)historien om nordkoreanska trupper i Kursk: https://www.moonofalabama.org/2025/01/cianyt-remove-north-korean-soldiers-from-ukraines-front-line.html

🇺🇸🇰🇵 Трамп сказал, что хочет возобновить общение с Ким Чен Ыном и восстановить отношения между США и КНДР

@china3army

Kim Jong-un has made it clear that the North Korean army will support Russia in the conflict with Ukraine.

He said that the "Ukrainian problem" will remain one of the main points of international tension this year. This and other conflicts "increase the danger of a new world war."

Kim said that the US is the "main behind-the-scenes driver of the war machine, inciting the tragic situation in Ukraine." Part of the West that succumbed to the "unrealistic delusional idea of ​​inflicting a strategic defeat on Russia" is deliberately prolonging the war in Ukraine, according to the head of the DPR.

"Our army and people, in accordance with the spirit of the Treaty on Comprehensive Strategic Partnership between the DPRK and the Russian Federation, will unwaveringly support the just struggle of the army and people of Russia to defend their sovereignty, security and territorial integrity," Kim concluded.

The truth about the "north Korean human rights lobby "
So apparently some so-called "north Korean human rights groups " are in a pickle and near to collapse because the United States "National Endowment for Democracy " had its funding frozen by Trump's new spending Czar or Doge one Mr Elon Musk.
It is not for KFA UK to speculate about infighting between different factions of the US ruling class or what may be a restructuring of US regime change operations . However one fact has emerged very clearly that is that the so-called "north Korean human rights lobby " like LINK (Liberty in North Korea ) are really funded by the US and are a tool of US foreign policy . It shows that all the talk of "human rights abuses " and 'prison camps' in the DPRK are just inventions of those paid by the US to make propaganda against People's Korea . We have argued this for years and years , now the truth has finally come out !
The -so called " north Korean human rights groups " actually carried out terrorism against People's Korea in February 2019 when they tried to attack the DPRK Embassy in Madrid injuring women and children .
KFA UK was also told by more than one source including a former researcher of the UK Home Office , that in fact these "human rights " groups received a monetary reward for each DPRK citizen they took out of the DPRK .In other words they were engaged in kidnapping and human trafficking at the behest of the US .

In People's Korea street cleaners are not looked down upon like in Western countries . Instead street cleaning is seen as an important and patriotic job

🇰🇷South Korean fighter jets bombed a peaceful village, destroying a house, a church and wounding seven civilians:

"The Republic of Korea Air Force reported that eight MK-82 bombs dropped abnormally from KF-16 fighter jets during an off-range exercise. Seven people were injured when they hit residential buildings in Nogok Village, near the range where the ROK-US live-fire exercises were taking place. About 160 vehicles, including tanks, howitzers, helicopters, and fighter jets, were involved in the exercises. Four of the seven injured residents were seriously injured."

@Slavyangrad