North Korea Completes Great Confiscation (Upated)
[Updated below.] By now, it is December 7th in Pyongyang, and the period for exchanging old currency for new has passed. By filling the streets with troops and police, the regime has, for the moment, managed to contain the “fury and frustration” of people who, robbed of their savings and deprived of food rations, no longer know how they’re going to make it through the winter. For now, only isolated outbreaks of dissent are reported. The people know that this...