Wednesday, 15 December 2021

Sacred 10-year adorned with the immortal exploits


                                                                      




The last 10 years was that of a great succession and transformation, that the sublime ideal and desire of the great Marshal Kim Jong Il have been realized.

In the last 10 years that the DPRK was faced with manifold hardships and ordeals, General Secretary Kim Jong Un brought about unprecedented epoch-making events with his unique ideological and theoretical intelligence, veteran and seasoned leadership, and great revolutionary practice, and thus has faithfully upheld the cause of the great marshal.

General Secretary made sure that the revolutionary cause of the preceding leaders last forever by laying out the Kumsusan Palace of the Sun in an excellent way as befits the supreme sanctuary of the Sun.

He illuminated the road ahead for our fellow countrymen and independent era toward victory by formulating the revolutionary idea of the great leaders as Kimilsungism-Kimjongilism.

Under the outstanding and energetic guidance of Kim Jong Un, the overall national power of the DPRK and its external position were exalted to the highest level, and the Juche Korea is now displaying its might as a powerful nation by opening up the broad avenue of achieving prosperity by dint of self-reliance and self-development.

Today the people of the Juche Korea make a great leap forward and innovation, racing against the time and the era of our state-first principle, a new era of self-respect and prosperity are brightly opened up in the DPRK.

Thanks to the people-first politics of the General Secretary Kim Jong Un, there sprang up a lot of modern city, streets, cultural resorts and monumental edifices representing the times in different parts of the country, and the disaster areas turned into fairyland of socialism, making the people free from diseases enjoy the highest level of civilization even in the circumstances of the world public health crisis that lasted unprecedentedly long in history.

The brilliant look of the DPRK in which everybody enjoys happy life in a large harmonious family overflowing with virtues and affection under the WPK's politics of prioritizing, respecting and loving the people, pulls at heartstrings of the world people.

By upholding the General Secretary Kim Jong Un in high esteem at the top post of the revolutionary cause of Juche, Chairman Kim Jong Il is always alive in the hearts of the mankind as the sun of Juche, and his desire is being translated into reality.

The great immortal exploits of the General Secretary Kim Jong Un who leads the revolutionary cause of Juche to victory, adding luster to Kim Il Sung and Kim Jong Il Korea, will go down in history.

Wednesday, 1 December 2021

An Analysis of the south Korean economy by the Pyongyang Mission of the AINDF

Recently south Korea falls into a debtor country.


A rate of the "national debt" which was 36 percent of "GDP" of south Korea in 2017, increases rapidly by 50 percent this year. Some estimates put the amount of the "national debt" at more than 900 billion US dollars in 2022.


As the amount of the "national debt" increases rapidly, the next generation is destined to shoulder a huge debt. The present "regime" of south Korea will go down to history as a "regime blown away all public finance", the people from all walks of life censure.


Owing to the rapid increase of the "national debt", crisis of the south Korean economic system is anticipated to be further aggravated.


An increasing rate of the "national debt" of south Korea is more than 10 percent in the last 2 years, which is unparalleled in the world. At this rate, the increasing rate will reach more than 66 percent in 2026.


After all, the south Korean economy could not help drifting toward bankruptcy due to the spiraling "national debt"; it might make the same mistake as Japan degraded to 3rd-class state because of its slow growth, they said.


It follows as a natural consequence of the economy of south Korea, a colonial subcontract one.


On the contrary, the south Korean authorities always say "a forward country".


However, the increase of the "national debt" reveals that south Korea is not an advanced country and its economy, too, is a bubble one.