A Solution For the Currency Crisis
The first suggestion in this article concerns progressive slot machines. A few of the casinos in Seoul offer this type of game including Seoul Max, Lotte Card World and the Oriental Casino. You will need to pay a small entrance fee to utilize these machines. When you place your bet, the computer tells you whether to win or lose. If you win, you can keep what you have bet but if you lose, you are from it. These kind of progressive casinos in Seoul provide a mix of games including baccarat, video poker, roulette, craps, blackjack, and much more.
The next suggestion concerns making deposits. To be able to withdraw from these casinos, residents have to pay certain charges. For example, 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 do not accept major currencies. Residents of Korea who plan to play Korean casino must make deposits within their local currency equivalent. A lot of the local residents are 실시간 바카라 사이트 used to exchanging their won for won monies in the home so that 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A third suggestion would be to limit the amount of cash to be withdrawn from the websites of the Korean casinos. This is especially true for residents of a few of the cities in Korea. Some of the cities such as for example Ulsan, Cholsan, Suwon and Hakdo hold restrictions against individuals who want to withdraw an excessive amount of cash from the casino. A few of the national and international airlines and banks in Korea usually 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 may favor the local vendors over the national companies. The Korean government would form free enterprise zones from coast to coast where the locals would be the main investors. Along with these zones, the north-korean leadership could levy a tax on goods imported from other countries like the western world and Japan.
Since the north-korean government has been very hostile to america and its allies in past times, 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, the amount of foreign currency that may be withdrawn would drastically reduce. Usually, the workers of these companies would agree to just work at a lower wage due to the risk of losing their jobs. These occurrences are a direct result of having less 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 must also institute some policies similar to the northern ones as a way to curb the capital outflow which is causing problems for the locals of the Korean casinos. A similar strategy would work by means of a currency trade deficit quarantine area, which limits the amount of imports and exports from the region. 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 into the casinos on any given day. If the south-korean authorities feel that the number of foreigners is too high, they could force the owners to permit 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 coping with their currency crisis. North Korea comes with an interest in coping with its currency issues since the value of the ROK’s dollar is roughly 2-3 times higher than the dollar of america. Therefore, the tourists that go to the north-Korean leadership will have a pastime in trying to benefit from this weakness in the dollar by making deposits within their local currency. This would be a good thing for the neighborhood residents of the Korean peninsula. Unfortunately, the north-korean government is apparently unwilling to do anything concerning this currency issue. Hopefully, this can change in the near future.