this post was submitted on 04 Oct 2023
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Good point. Qatar is beyond wealthy but North Korea repeatedly has to threaten to nuke people in order to get aid packages.
They have quite a lot of money, particularly in foreign currency slush funds (see Room 39 for example). However the Kim family has the final say in what is government money and what never makes it onto the books.
They could probably afford a FIFA championship. It's admitting they have that kind of money, that would be a huge problem.
I think it depends what you mean by "afford", they might have enough money stashed away to host one time but it's going to seriously take away from their future
NK has never chosen their future or basic needs over useless megaprojects though
North Korea just prints their own money!
Assuming this is true (just skimmed it in full disclosure), nothing unique to DPRK here