A REMEDY For the Currency Crisis
The first suggestion in this article concerns progressive slot machines. Some of the casinos in Seoul offer this sort of game including Seoul Max, Lotte Card World and the Oriental Casino. You will need to pay a little entrance fee to use these machines. Once you place your bet, the computer lets you know whether to win or lose. If you win, you get to keep everything you have bet but if you lose, you are out of it. These types of progressive casinos in Seoul provide a combination of games including baccarat, video poker, roulette, craps, blackjack, and much more.
The next suggestion concerns making deposits. As a way to withdraw from these casinos, residents have to pay certain 슈퍼 카지노 charges. For example, foreigners can withdraw money by paying a surcharge to the embassies. residents could make deposits in person or use the charge card provided upon entry.
Some Korean online casinos usually do not accept major currencies. Residents of Korea who plan to play Korean casino must make deposits within their local currency equivalent. Many of the local residents are used to exchanging their won for won monies in the home so that they may convert this amount into currency at the casino. Many foreign players make deposits in the neighborhood currency to avoid conversion issues when traveling back again to Korea.
A third suggestion is to limit the number of cash to be withdrawn from web sites of the Korean casinos. This is especially true for residents of a few of the cities in Korea. A number of the cities such as Ulsan, Cholsan, Suwon and Hakdo hold restrictions against people who want to withdraw too much cash from the casino. A number of the national and international airlines and banks in Korea do not accept most of the bank cards that are issued in the country.
The four suggestions noted above could possibly be used to limit the amount of money that a foreigner player can withdraw. This would prevent currency manipulation by the Koreans at the casinos, which may favor the local vendors over the national companies. The Korean government would form free enterprise zones from coast to coast where the locals will be the main investors. Along with these zones, the north-korean leadership could levy a tax on goods imported from other countries just like the western world and Japan.
Because the north-korean government has been very hostile to america and its allies previously, the locals of the Korean casinos might try to bribe the workers of those companies into helping them install the currency exchange rate cap. When the cap is implemented, the number of foreign currency that may be withdrawn would drastically reduce. Most of the time, the workers of the companies would agree to work at a lower wage as a result of threat of losing their jobs. These occurrences are a direct result of the lack of free enterprise zones in the north-korean leadership. Therefore, if the United States wants to protect its citizens from currency manipulation, they would need to institute a policy similar to the one proposed by the Korean government.
The south-korean government also needs to institute some policies similar to the northern ones to be able to curb the capital outflow which is causing problems for the locals of the Korean casinos. An identical strategy would work in the form of a currency trade deficit quarantine area, which limits the quantity of imports and exports from the region. Regarding the casino case, the Koreans will undoubtedly be necessary to have a quota for the amount of guests that they allow into the casinos on any given day. If the south-korean authorities feel that the amount of foreigners is too high, they could force the owners to allow only local Koreans to be allowed into the casinos.
In conclusion, the current economy in the Korean Peninsula may force the north-korean leadership to check to the international community for assist in dealing with their currency crisis. North Korea has an interest in coping with its currency issues because the value of the ROK’s dollar is roughly two to three times greater than the dollar of america. Therefore, the tourists that go to the north-Korean leadership will have a pastime in trying to benefit from this weakness in the dollar by making deposits within their local currency. This would be considered a good thing for the neighborhood residents of the Korean peninsula. Unfortunately, the north-korean government is apparently unwilling to do anything about this currency issue. Hopefully, this will change soon.