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North Korea

North Korea: What global economic crisis?

Those looking to get away from the global economic crisis for awhile should head to North Korea.

“We know many countries are struggling due to the financial crisis … we have no problem here,” said a North Korean guide working with a visiting aid group from the South, whose economy has been among the hardest hit as financial markets tumble around the world.

North Korea’s centrally planned economy, built around the state ideology of self-reliance, has little time for capitalism and has only in recent years grudgingly allowed even street markets to emerge.

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