"Remedies" are hopeless self-proclaimed hopelessness
due to deterioration of relations
with Japan and the United States
https://www.dailyshincho.jp/article/20019/05021700/?all=1
20 May 20 Suzuki Takashi ( Takabumi Suzuoki )
KoreaWonRateNoStopFallingSufferingConsequences1
KoreaWonRateNoStopFallingSufferingConsequences2
KoreaWonRateNoStopFallingSufferingConsequences3
Won Rate is down .
The reason is clear.
The trade surplus has fallen sharply since 2019 ,
and GDP has recorded negative growth, etc.
“ The contraction of the Korean economy ” has become clear.
Moreover,
their relationship with Japan and the United States has
become extremely bad,
and it is considered that no one will be able to help
in the event of a currency crisis .
From the middle of June 2018 to the end of April 2019 ,
the won was moving in the box,
with the dollar moving roughly between 1110 and 1140 won.
However,
after hitting a low for the first time in 1 year and 9 months on April 25 ,
it has been in the range of 1150 to 1160 won.
On April 30 ,
it fell by 9.7 Won compared to the previous day to 116,2 Won,
down to 1,170 Won.
Since January 20 , 2017 ( 1169. 2 won),
the won level is low for the first time in two years and three months.
「WonPlungDecline16MajorCountriesInCurrencyRate1st
ウォン、1か月で2・8%急落…主要16カ国の通貨中、下落率1位」
"Anomaly" was reported in the headline with (Korean version on May 1 ).
Unexpected negative growth
The fact that the GDP (preliminary figure)
for the first quarter of 2019 announced on the same day was lowered
by 0.3% compared to the previous quarter ,
which dropped significantly by 9.1 won to 115.0.9 won on April 25
It is the body.
It is negative growth following the fourth quarter of 2008 (down 3.3%)
when the world fell into a financial crisis.
As the market forecast was a positive 0.3 to 0.4 ,
the surprise spread to " minus ".
It was natural that the won was sold.
Especially the contents were bad .
Investment to secure future growth
was down 10.8 % YoY and down 16.1 % YoY .
The downturn in the semiconductor market has led to a sharp decline
in investment in the same manufacturing equipment.
Exports also decreased
by 2.6 % compared to the previous quarter on the back
of the US-China Economic War.
This also made the Korean economy shrink.
Economic index falls for 10 consecutive months
April 30 Won plunge also announced statistics on the same day
There is a strong side to being pulled
by "the industrial activity trends in March 2019 ".
The economic trend index ( cyclical fluctuation value )
and the leading index ( cyclical fluctuation value )
in March each fell by 0.1 points from the previous month .
It is the first time for the two indices to drop
for 10 consecutive months , taking this statistic in January 1970 .
The average capacity utilization rate of manufacturing
in the first quarter of 2019 was 71.9 ,
the lowest level since the first quarter of 2009 ,
immediately after the global financial crisis .
Production was down 3.0 % QoQ and investment was down 5.4 % QoQ .
Statistics showing “Korean contraction” were also released on May 1 .
It is April customs statistics (provisional value).
Exports for April were $ 48,857 million,
down 2.0 % from the same month last year .
Exports have fallen year- on-year for five consecutive months
since December 2018 .
Meanwhile, imports were $ 44,737 million, an increase of 2.4 % .
The trade balance in April reached a surplus of $ 4.12 billion,
down 33.0% from the same month last year .
The trade surplus for January - April was $ 13,439 million,
down 28.5 % YoY , making it clear
that the decline in surplus is not a temporary phenomenon .
South Korea's trade balance is attracting attention because
it has lost money in the past,
or it has fallen into a currency crisis when its surplus has fallen sharply.
The Asian Monetary Crisis 1997 , the Global Monetary Crisis 2008 ,
the European Monetary Crisis 2011
（「韓国、輸出急減で通貨危機の足音 日米に見放されたらジ・エンド？1
KoreaFootstepsCurrencyCrisisDueSharpDeclinesExpo」）。
The symptom is a chain of weak won and weak stock .
If the won falls below a certain level,
it will prevent the expansion of losses by selling Korean stocks held
by foreign investors who manage dollar assets.
It is a vicious cycle that foreign investors
advance the won's depreciation
as foreign investors further sell their stocks
and convert them into dollars when stock prices fall .
Daily economic newspaper
「ForeignerShrinkingToeakWonDownJuneIsTurningPoint
As a result of examining the trading results from 2015 ,
Korea's financial market has now entered the danger zone since April 25 .
And even after that day, statistics such as economic index and trade balance
--- Alarm sounds continue to sound to warn of " more danger ".
Sentences that can not be blurred out MoonJae-in
Korea's past currency crisis occurred
in an environment where the dollar could be pulled up
from developing countries .
On the other hand, there is also reassurance for Korea,
as the dollar's interest rate hike is distant this time.
On the other hand,
the Korean economy has fallen into a serious disease
that has not been affected in the past .
Low birthrate and aging
( 「Moon,sPolicyUSKoreaRelationshipDecayDayOfRuin1
文在寅“ピンボケ政策”韓国経済,米韓関係も破綻で近づく破滅の日1 」reference).
Indicating the vitality of the economy,
the proportion of the working- age population ( 15-64 years )
to the total population has fallen downward to a peak of 73 % in 2017 .
The population itself is expected to drop to 51.65 million in 2019 .
Behind the “ shrinkage of Korea ”
seen in GDP and trade and production statistics
is not only short-term factors such as semiconductor recession
and slumping exports to China,
but structural causes of “ population decline ” .
The MoonJae-in administration,
however,
reiterates its own goal of raising the minimum wage by nearly 30%
in two years and driving small businesses into bankruptcy .
President Moon Jae-in will be held at the meeting
of the Chief Executive Officer on April 29
" The basic strength of the Korean economy is strong,
and GDP will improve from the second quarter. "
It was optimistic without giving a ground.
Koreans were amazed at this " Out of Focus " first time.
Korea Daily is editorial
「繰り返される経済の誤魔化し、成長率がOECD2位と言うが18位GrowthRateSaidTo2ndInOECDbut18thEconomicMischief」
( April 30 , Korean version),
He criticized, "Does the president look away from reality?"
BTS members famous for atomic bomb T-shirts are crazy inside the bus Videos leaked! https://twitter.com/i/status/1062852872176451584
Overseas fans seem to be exactly the same
Suddenly overflowing with compliments of English praise. Creepy…
http://www.ekn.kr/news/article.html?no=398456
https://news.v.daum.net/v/20181106030037589
http://www.koreaherald.com/view.php?ud=20181114000854
Dokdo is also doing anti-Japanese act of singing our territory.
The capital flight started
World stock price / Korea KOSPI
Do not move, government intervention,
Trading suspension, circuit breaker activation,
power off of server,
Koria have a proven track record.
Yuzuru Sato
Korea attacks Japan by combining hands with North Korea and China
Propaganda neglect affects the recreation of the comfort women problem,
the activities of Japanese companies around the world
Possibility of losing in the image strategy at the US jury trial.
DiffusionHopeGermanNGOSupportLaosAdoptVillage
DiffusionHopehttps://laos.oxfam.org/
Englisharticles futukiitihoyoujiyo
