A Solution For the Currency Crisis
The first suggestion in this article pertains to progressive slot machines. Some of the casinos in Seoul offer this sort of game including Seoul Max, Lotte Card World and the Oriental Casino. You will need to pay a little entrance fee to utilize these machines. When you place your bet, the computer lets you know whether to win or lose. In the event that you win, you get to keep everything you have bet but if you lose, you are from it. These types of progressive casinos in Seoul provide a mix of games including baccarat, video poker, roulette, craps, blackjack, and much more.
The second suggestion concerns making deposits. So that you can 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 솔레어카지노 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. Most of the local residents are 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A third suggestion would be to limit the volume of cash to be withdrawn from web sites of the Korean casinos. This is also true for residents of some of the cities in Korea. Some of the cities such as for example Ulsan, Cholsan, Suwon and Hakdo hold restrictions against people who want to withdraw an excessive amount of cash from the casino. A few of the national and international airlines and also banks in Korea do not accept most of the credit cards that are issued in the country.
The four suggestions noted above could possibly be used to limit the money that a foreigner player would be able to withdraw. This might prevent currency manipulation by the Koreans at the casinos, which would favor the local vendors on the national companies. The Korean government would form free enterprise zones from coast to coast where the locals would be the main investors. In addition to these zones, the north-korean leadership could levy a tax on goods imported from other countries like the western world and Japan.
Because 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 those companies into helping them install the currency exchange rate cap. When the cap is implemented, how much foreign currency which can be withdrawn would drastically reduce. Usually, the workers of these companies would agree to just work at a lower wage as a result of 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 wants to protect its citizens from currency manipulation, they might need to institute an insurance plan similar to the one proposed by the Korean government.
The south-korean government also needs to institute some policies similar to the northern ones to be able to curb the capital outflow that 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 quantity of imports and exports from the region. Regarding the casino case, the Koreans will undoubtedly be necessary to have a quota for the number of guests that they allow in to 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 allow only local Koreans to be allowed in to the casinos.
To conclude, the current economy 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 has 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 the United States. 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 appears to be unwilling to do anything concerning this currency issue. Hopefully, this can change soon.