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The recession - solved

Or so our friends in the DPRK think:

"The international community is now busy with moves to find a way-out of the worldwide financial crunch that started with the financial crisis in the U.S. and weather it....The above-said facts indicate that it is very important to strengthen the independence of national economy and develop economy on the basis of a correct economic theory, and the random introduction of foreign capital may render the national economy bankrupt...

(Insert the joke about two economists with three opinions here)

A currency of a specified country should not be regarded as a main currency but a multilateral currency system should be established and put into force.

So they won't be asking to join the euro any time soon.

What is also important is to prevent national economy from going bankrupt being embroiled in the vortex of "globalization."...Another important lesson is that if a country opts for disorderly economic development based on a jungle law, without promoting economic progress based on a correct economic theory and science and technology, it may also suffer from another shocking economic crisis any time".

Sounds like Socialism in One Country, multiplied circa 192 fold.

Elsewhere, having tired - for now - of the 'jumping into a fire with faggots strapped to one's back' simile, the KCNA notes "Lee Myung Bak's keeping such warmonger as Ri Sang Hui in his regime is as foolish an act as pricking his own eyes".

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