A REMEDY For the Currency Crisis
The first suggestion in this article concerns progressive slot machines. A number of the casinos in Seoul offer this kind of game including Seoul Max, Lotte Card World and the Oriental Casino. You must pay a little entrance fee to use these machines. When you place your bet, the computer lets you know whether to win or lose. In the event that you win, you get to keep what you have bet but if you lose, you are from 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. As a way 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 can 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 intend to play Korean casino must make deposits within their local currency equivalent. Lots of the local residents are used 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 to avoid conversion issues when traveling back to Korea.
A third suggestion would be to limit the volume of cash to be withdrawn from web sites of the Korean casinos. This is also true for residents of some of the cities in Korea. Some 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 few of the national and international airlines and also banks in Korea do not accept most of the bank cards that are issued in the united kingdom.
The four suggestions noted above could 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 would favor the local vendors on the national companies. The Korean government would form free enterprise zones from coast to coast 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 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 attempt to bribe the workers of these companies into helping them install the forex rate cap. Once the cap is implemented, the amount of foreign currency that can be withdrawn would drastically reduce. Most of the time, the workers of these companies would agree to work at a lower wage because of the threat of losing their jobs. These occurrences certainly are a direct result of having less free enterprise zones in the north-korean leadership. Therefore, if america really wants to protect its citizens from currency manipulation, they would need to institute an insurance plan like the one proposed by the Korean government.
The 스타듀밸리 카지노 코인 south-korean government also needs to institute some policies like the northern ones in order to curb the capital outflow that 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 spot. In the case of the casino case, the Koreans will undoubtedly 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 believe that the quantity of foreigners is too high, they could force the owners to allow only local Koreans to be allowed in to the casinos.
To conclude, the current economic situation in the Korean Peninsula may force the north-korean leadership to check to the international community for help in dealing 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 go to 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 local residents of the Korean peninsula. Unfortunately, the north-korean government appears to be unwilling to do anything about this currency issue. Hopefully, this will change soon.