A Solution For the Currency Crisis
The first suggestion in this article pertains to progressive slot machines. Some of the casinos in Seoul offer this kind of game including Seoul Max, Lotte Card World and the Oriental Casino. You should pay a small 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 can keep everything you have bet but if you lose, you are out of it. These kind of progressive casinos in Seoul offer a mix of games including baccarat, video poker, roulette, craps, blackjack, and more.
The next suggestion concerns making deposits. So that you can withdraw from these casinos, residents need to pay certain charges. For example, foreigners can withdraw money by paying a surcharge to the embassies. residents could make deposits in person or utilize the credit 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 within their local currency equivalent. Most of the local residents are accustomed to exchanging their won for won monies in the 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 again to Korea.
A third suggestion would be to limit how much cash to be withdrawn from the 그랜드 몬 디알 카지노 websites of the Korean casinos. This is especially true for residents of some of the cities in Korea. A number of the cities such as for example 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 together with banks in Korea do not accept most of the credit cards that are issued in the country.
The four suggestions noted above could be used to limit the amount of money that a foreigner player would be able to withdraw. This might prevent currency manipulation by the Koreans at the casinos, which would 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. In addition to these zones, the north-korean leadership could levy a tax on goods imported from other countries like the western world and Japan.
Because the north-korean government has been very hostile to america and its allies before, the locals of the Korean casinos might attempt to bribe the workers of these companies into helping them install the currency exchange rate cap. Once the cap is implemented, the number of foreign currency that can be withdrawn would drastically reduce. Quite often, the workers of these companies would agree to just work at a lower wage due to the risk of losing their jobs. These occurrences certainly are a direct result of the lack of free enterprise zones in the north-korean leadership. Therefore, if the United States really wants to protect its citizens from currency manipulation, they would need to institute a policy like the one proposed by the Korean government.
The south-korean government also needs to institute some policies similar to the northern ones so as to curb the capital outflow that is causing problems for the locals of the Korean casinos. A similar strategy would work in the form of a currency trade deficit quarantine area, which limits the volume of imports and exports from the spot. Regarding the casino case, the Koreans will be necessary to have a quota for the amount of guests that they allow in to the casinos on any given day. If the south-korean authorities feel that the amount of foreigners is too high, they might force the owners to allow only local Koreans to be allowed in to the casinos.
To conclude, the current economy 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 2-3 times greater than the dollar of america. Therefore, the tourists that visit the north-Korean leadership will have an interest in trying to take advantage of 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 relating to this currency issue. Hopefully, this will change soon.