A REMEDY For the Currency Crisis
The first suggestion in this article concerns progressive slot machines. A few of the casinos in Seoul offer this kind of game including Seoul Max, Lotte Card World and the Oriental Casino. You must pay a small entrance fee to use these machines. When you place your bet, the computer lets you know whether to win or lose. If you win, you can keep what you have bet but in the event that 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 as to withdraw from these casinos, residents have to pay certain charges. For instance, 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 at 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 again to Korea.
A third suggestion is to limit the volume of cash to be withdrawn from web sites of the Korean casinos. This is especially true for residents of a number of the cities in Korea. A number of the cities such as Ulsan, Cholsan, Suwon and Hakdo hold restrictions against individuals who want to withdraw an excessive amount of cash from the casino. A number of the national and international airlines and also banks in Korea do not accept most of the credit 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 can withdraw. This would 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 all over the country where the locals will be the main investors. As well as these zones, the north-korean leadership could levy a tax on goods imported from other countries just like the western world and Japan.
Since 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 these companies into helping them install the forex rate cap. Once the cap is implemented, how much foreign currency which might be withdrawn would drastically reduce. More often than not, the workers of the companies would agree to just work at a lower wage due to 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 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 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. An identical strategy would work by means of a currency trade deficit quarantine area, which limits the quantity of imports and exports from the spot. Regarding the casino case, the Koreans will undoubtedly 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 마이다스 카지노 영상 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 comes with an interest in dealing with its currency issues because the value of the ROK’s dollar is roughly two to three times higher than the dollar of america. Therefore, the tourists that visit the north-Korean leadership will have an interest in trying to benefit from this weakness in the dollar by making deposits in their local currency. This would be considered a good thing for the local residents of the Korean peninsula. Unfortunately, the north-korean government seems to be unwilling to do anything concerning this currency issue. Hopefully, this can change soon.