North Korea’s economy is in pretty rough shape these days, likely to the surprise of however many observers who thought having a totalitarian Marxist regime led by an obese millennial who smokes three packs a day and was simply born into power was superior to capitalist western democracies that, despite their many flaws, continue to be the best system available.
Granted there probably aren’t a lot of observers outside of North Korea who believe this sincerely, but Bloomberg still reported the news as if its readers, many of whom work in the worlds of international finance and economics, were supposed to be like “Oh man, I guess I should tell the guys we have to back out of that new cathode ray tube television factory investment deal even if that malnourished state media minister guy seemed like a straight shooter on ROI targets. Thanks for the heads up, Bloomberg. We could’ve gotten soaked big time on that one.”