Price of Rice is Soaring in North KoreaWall Street Journal One problem with North Korea’s chronic food shortages is that they’re, well, chronic – so bad so much of the time that people tune out. As one North Korean official said in a recent report by Good Friends, “Every year we say this is the worst year, but this year is the absolute worst in our history.” Now, there’s a market signal that the official may not be exaggerating.

Price of Rice is Soaring in North Korea
Wall Street Journal

One problem with North Korea’s chronic food shortages is that they’re, well, chronic – so bad so much of the time that people tune out. As one North Korean official said in a recent report by Good Friends, “Every year we say this is the worst year, but this year is the absolute worst in our history.”

Now, there’s a market signal that the official may not be exaggerating.