WSJ "FRB is Foreign Central Bank

And foreign-exchange (환율) swap expansion ''

https://shinjukuacc.com/20200312-03/

 

 

Taro Aso "The money I have lent will not be returned!

2018/04/07

 

South Korea's default is also approaching!

2020/03/12

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South Korea in November 2017

When you enter into a foreign-exchange (환율) swap with Canada,

That's just the thing the whole South Korea country celebrated the festival magnificently

" Conclusion of currency swap with Canada following extension with Korea and China ... When is Japan? "

( From the Japanese version of the 中央日報(JoongAng Ilbo) dated November 16, 2017 at 10:55 )

I remember making a fuss.

 

In fact, a swap with Canada

It is not a currency swap but an exchange (foreign-exchange, 환율) swap,

Not many Korean private financial institutions require Canadian dollars,

As the fact that it became almost useless in times of crisis became known,

Gradually, foreign exchange (for) swaps with Canada

I thought it would be interesting to be made "not what".

 

However, even if it is a foreign exchange (foreign-exchange, 환율) swap

The story is different if the partner country is the United States instead of Canada.

 

Short-term funds of around $ 100 billion as in Korea (* mostly in US dollars)

Is borrowed from a foreign financial institution,

For dollar funds,

Whether it is a currency swap or a foreign-exchange (환율) swap,

As a result, it is possible to get out of the liquidity crisis.

 

However, among the countries claimed by the WSJ, Korea, China and Hong Kong

It is unlikely that the US will reinstate or create a swap line.

 

China and Hong Kong during the 2008 financial crisis

It is a country / region where the United States did not have a swap line,

In addition, Japan-Korea GSOMIA destruction turmoil and US military stationing expenses

South Korea, whose relations are jerky,

It is doubtful whether the US will open the swap line.

 

However, since it is the United States, we open a swap line in Korea,

Swap from the South Korea "shirk payment away",

I'm afraid that such a development could be considered enough ...

 

* That's it for the text .

 

 

Kaz

Somehow ...

U.S. Treasury bonds are rising (buying)

So don't just think about relying on swaps,

Raise the US dollar by selling U.S. Treasury bonds on the market,

When is the time to secure liquidity in foreign currency reserves in preparation for currency defense?

・ ・ I think that.

Or, it has already become a pawn (collateral)

Is it a situation that can not be sold to sell?

 

Indeed, if the debt was collected immediately every time the market was sold,

It does not lead to securing liquidity.

 

 

Dana

Mr. Kazu

US Treasuries have open national holdings.

As an ally, it is difficult to sell,

I think it's the end if you put your hands on it.

From my own, $ 400 billion in foreign currency holdings,

I think that it is not a lie, so it is not.

 

 

Kaz

husband

Certainly it is difficult to sell.
But that's why
"I can't replace my belly on my back
Better the purse starve than the body circumstances ''
I think it is necessary to ask for understanding with sincerity.
 

Just like dispatching the SDF to the Middle East, this time with immigration restrictions,

Japan has to negotiate with Iran and China in advance

It is understood by the partner country because it is trying to communicate properly.

 

I think the secret to a smooth relationship is to apologize in advance.

However, South Koreans is not aware that the decision to copy Japan easily is "in the first place wrong."

 

If you get through the lines properly,

If you keep silent, it's just a betrayal.

 

What they're doing isn't even a follow-up report,

Just an excuse after being sought.

 

* If you only apologize in advance.

(For them, it may be a “humiliation impossible game”.

 

 

Dana

Mr. Kazu

I think it is correct.

On the other hand, you may know that South Korea does not have such a thing.

I don't believe in Korea,

We suspect that US Treasury bonds may be plaguing.

Today, KOSPI started under 1800 today,

Circuit brakes will be triggered as yesterday.

Wong also has a delusion of becoming cheaper by returning sold shares to dollars.

Today's goals are 1700 KOSPI and more than 1225 won.

 

 

Nameless U

I wonder if it's a WSJ style ad balloon article.

As the United States government,

After the restructuring of Wuhan Pneumonia, you will want to keep a country called "this" on your side.

For the time being, take out a foreign exchange (foreign-exchange, 환율) swap

Let's see the reaction of each country,

When.

You will already have that feeling.

 

When you name a country that you want to openly connect, there are many conflicts.

So, let's dive into the name of the CCP during the US-China Trade War.

Trump dives into Korea, where he immediately complains.

Countries / regions in the United States will be of course decisively, Australia, Taiwan and Hong Kong.

 

Alas, 中央日報(JoongAng Ilbo) ...

 

No matter how much the 中央日報(JoongAng Ilbo)drools,

No matter how much conservatives try to spin the Stars and Stripes in the demonstration,

青瓦台(Chonwade)will not be applied  just ignored.
 
(In the US as well ... )
 

青瓦台(Chonwade

The BlueHouse = Chonwade,Korea Presidential Office

(청와대;Hanja:靑瓦臺;literally"pavilionofblue tiles",

the executiveoffice and official residence of the South Korean head of state,

on Seoul