A Solution For the Currency Crisis
The first suggestion in this article pertains to progressive slot machines. A few of the casinos in Seoul offer this type of game including Seoul Max, Lotte Card World and the Oriental Casino. You should pay a little entrance fee to utilize these machines. When you place your bet, the computer lets you know whether to win or lose. In the event that you win, you can keep what you have bet but in the event that you lose, you are out of it. These kinds of progressive casinos in Seoul provide a combination of games including baccarat, video poker, roulette, craps, blackjack, and more.
The next suggestion concerns making deposits. So as to withdraw from these casinos, residents need to pay certain charges. For instance, foreigners can withdraw money by paying a surcharge to the embassies. residents could make deposits in person or utilize the charge card provided upon entry.
Some Korean online casinos do not accept major currencies. Residents of Korea who intend to play Korean casino must make deposits in their local currency equivalent. Lots of the local residents are used to exchanging their won for won monies at home so they may convert this amount into currency at the casino. Many foreign players make deposits in the local currency in order to avoid conversion issues when traveling back to Korea.
A third suggestion would be to limit the amount of cash to be withdrawn from the websites of the Korean casinos. This is especially true for residents of a few of the cities in Korea. Some of the cities such as for example Ulsan, Cholsan, Suwon and Hakdo hold restrictions against individuals who want to withdraw too much cash from the casino. Some of the national and international airlines and banks in Korea usually do not accept most of the bank cards that are issued in the united kingdom.
The four suggestions noted above could possibly be used to limit the money that a foreigner player would be able to withdraw. This would prevent currency manipulation by the Koreans at the casinos, which may favor the local vendors on the national companies. The Korean government would form free enterprise zones all over the country where the locals will be the main investors. Besides 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 the United States 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 volume of foreign currency that could be withdrawn would drastically reduce. Usually, the workers of these companies would agree to work at a lower wage because of the threat of losing their jobs. These occurrences are a direct result of the lack of free enterprise 룰렛 게임 zones in the north-korean leadership. Therefore, if the United States really wants to protect its citizens from currency manipulation, they might need to institute a policy similar to the one proposed by the Korean government.
The south-korean government must also institute some policies similar to the northern ones in order to curb the capital outflow that is causing problems for the locals of the Korean casinos. A similar strategy would work by means of a currency trade deficit quarantine area, which limits the amount of imports and exports from the region. Regarding the casino case, the Koreans will be required to have a quota for the number of guests that they allow into the casinos on any given day. If the south-korean authorities believe that the amount of foreigners is too high, they could force the owners to permit only local Koreans to be allowed in to the casinos.
In conclusion, the current economic situation in the Korean Peninsula may force the north-korean leadership to check to the international community for assist in coping with their currency crisis. North Korea has an interest in dealing with its currency issues because the value of the ROK’s dollar is roughly two to three times greater than the dollar of the United States. Therefore, the tourists that go to the north-Korean leadership will have an interest 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 seems to be unwilling to do anything concerning this currency issue. Hopefully, this will change soon.