国家破産レベル…韓国経済「3月に迎える大危機」絶望的な実情

National bankruptcy level ... South Korean economy "Great crisis in March" Desperate facts

https://friday.kodansha.co.jp/article/227419
February 01, 2022 NEW

 

韓国経済「3月に迎える国家破産レベル大危機」絶望的な実情

한국 경제 「3월에 맞이하는 국가파산 수준대 위기」절망적인 실정

S-KoreaEconomyNationalBankruptcyCrisisMarch

 

Accelerating "de-Korea" Foreign-affiliated companies withdrawing from South Korea tripled [World Ikki]
1,385,340 views
2020/09/18

https://www.youtube.com/watch?v=AvRufOnoeMA
 

The Korean economy may collapse in March.

Although public debt can be afforded, household debt has exceeded 100% of GDP. The main reason is housing prices, which have continued to rise in metropolitan areas such as Seoul for the past few years.
Furthermore, the financing to survive the new coronavirus disaster and the "borrowing investment" in stocks and virtual currencies that took advantage of monetary easing (low interest rates) spurred on.
As of August 2009, household debt was 1806 trillion won (about 172 trillion yen, US $ 15 trillion), which is a desperate level that could ruin the Korean economy.

And this March ... A dangerous situation that could be fatal to a huge chunk of household debt is on the horizon.

In April 2008, due to the spread of corona infection, the Korean government launched financial support measures for small and medium-sized enterprises and sole proprietors, which consisted of extending the maturity of loans from financial institutions and deferring repayment of principal and interest. "Korean Financial Newspaper" Tokyo bureau chief Kim Hyun explains.

「Korea has been implementing a strict social distance that surpasses Japan's state of emergency from early on.
This will hurt SMEs and sole proprietors who rely on domestic demand.
On the other hand, the cash benefits for Japan's "sustainability support money" and "cooperation money" for restaurants are extremely small, about several hundred thousand yen per year.
The alternative is the above financial measures.」


Even if you grace, the debt will snowball ...

The financial support measures, which were originally planned for six months, have been extended twice and will end in March this year.

The ruling party, which is struggling in the next president-elect, may instruct the government to extend the period further, but the financial authorities are extremely reluctant.

The longer it is extended, the more debt the debtor has to repay, and the higher the risk of bad debt. Kim continues.

「The extension of the loan period and the deferment of repayment of the principal have been done in Japan in the past, but it is rare that the interest rate was deferred.
Even if it's a simple interest loan, the debt will snowball.」

As of the end of July 2009, the debt balance of the borrowers subject to this measure will reach 120.7 trillion won (about 11 trillion yen).

「The South Korean government initially sought to increase vaccination rates, ease social distances, and normalize the businesses of SMEs and sole proprietors.
I was planning to make a soft landing for the end of financial support measures in March.
However, with the re-expansion of the Omicron strain, the prospects will be destroyed. 」

Financial support measures are targeted at SMEs and sole proprietors. This is separate from the household debt that the government is concerned about.
But in reality, the two are inextricably linked.

「For sole proprietors, the distinction between business funds borrowed from financial institutions and funds cashed with cards in the name of the individual is ambiguous.
In particular, the harder it is to manage, the stronger the tendency.
Since the owners of small and medium-sized enterprises have strong creditworthiness to regional financial institutions, it is not uncommon for them to be "large" in terms of household debt.
However, once the business is tilted, the repayment will be lit with a yellow light.
Also, in the case of a small company, the manager often receives a loan with personal credit in order to protect the business and employment.
It goes without saying that the deterioration of the management of small and medium-sized enterprises will affect the physical condition of employees. 」 (Same as above)

In South Korea, the president-elect election is currently on the brink. At the moment, the Korean economy is in a critical situation like stepping on thin ice.

 

President Moon Jae-in, whose term will expire in May this year. I have a big problem before his retirement (Image: Reuters / Afro)


The visit of the representative of the suzerain is an honor of 『属国 daughter nation dependence(vassal state,종속국)』

 

https://livedoor.blogimg.jp/kaikaihanno/imgs/1/1/1144c0b9.gif

The 19th President 文在寅, ムン・ジェイン (문재인, Moon Jae-in)
 
「韓国政府は「和解・癒やし財団」の解散,The Korean government dissolves the 「Reconciliation and HealingFoundation, 한국 정부는 '화해·치유 재단'의해산」
「自称徴用工判決,Self-proclaimed forced victim workers judicial decision, 자칭강제징용피해자사 법적 결정」

 

comment               

 

Knight |
Diplomacy and economic policy are also useless. The only thing that can be done is anti-Japanese leadership.
If such a president does not resign as soon as possible, the happiness of the people is far from it.
Reply 51
    Empathy / 9161
    Opposition / 557

    Kanto people |
    Is that so? Personally, I would like you to do it for another 1 term and 5 years, and proceed to the severance of relations with Japan and the collapse of the national economy.
    It is really regrettable that the system over there does not allow reappointment.
        Empathy / 732
        Opposite / 8


    Basq |
    Isn't everyone angry because the anti-Japanese lead is too halfway? Why didn't he can not bring to Breaking diplomatic relations during his term?
       Empathy / 566
        Opposition / 6


    nrt ***** |
    I don't think you need to think about the happiness of other countries. .. ..
        Empathy / 387
        Opposite / 7


    but ***** |
    Why is this in the domestic category?
Well, as expected, Korea can't go back below the dollar 1200 anymore. It is expected that the acceleration of the won depreciation will change from this weekend.
    Mizuho users should have a sense of crisis.
        Empathy / 235
        Opposite / 3


    yok ***** |
    It is rather inevitable that matomo policies will not work in a country led by the people who are only interested in self-interest.
        Empathy / 261
        Opposite / 5


    ckw ***** |
    The results are known in anachronistic self-centered historical views, and in amateur economic management where student activists run the administration.

Choose a decent person for the next president.
        Empathy / 214
        Opposite / 36


    azx ***** |
    It is a pity that the constitution prohibits re-election.
        Empathy / 182
        Opposite / 3


    shi ***** |
    Yukio Noguchi, an emeritus professor at Hitotsubashi University from the Ministry of Finance, was skeptical that Japan would eventually be overtaken by South Korea.
        Empathy / 133
        Opposite / 5



Japan will be overtaken by South Korea by 2030, what to do now for "reversal"

 

2030年までに韓国に抜かれる日本、「逆転」のため今やるべきこと

https://diamond.jp/articles/-/292923

 

野口悠紀雄Yukio Noguchi

 

    aaa***** |
Overtaken Japan, beat Japan, replace Japan in G7, income higher than Japan, world pays attention to Japan,
    Every day, every day, such reports. They can afford it at all.
        Empathy / 52
        Opposite / 1


    tur *****
    I'm curious that every comment has one bad.
        Empathy / 27
        Opposite / 2

    See more (41)

m ***** |
fine. President Moon shouldn't pollute the late evening.
It should show the world a miracle that no one has ever seen.
Reply 34
    Empathy / 7638
    Opposite / 246

    sal ***** |
    Certainly, the president himself declared that "If we team up with the North, we can exert economic power that surpasses that of Japan."
    Now is the time to make it happen.
        Empathy / 258
        Opposite / 3


President Moon Jae-in "Catch up with Japan through economic cooperation with North Korea" (19/08/05)
34,789 views
2019/08/05 ANNnewsCHnewsCH

https://www.youtube.com/watch?v=XvgTFPZhjP4


South Korean President Moon Jae-in has announced a plan to "catch up with Japan through economic cooperation with North Korea." It was
South Korea President Moon Jae-in: "If a peaceful economy is realized through economic cooperation between North and South Korea, South Korea will be able to catch up with Japan's superiority at once."
At a meeting held on the afternoon of the 5th, the president touched on Japan, which he criticized it excluded South Korea from preferential export control countries.
He emphasized that South Korea's economic growth is important for overcoming the situation, saying, "We need to be very prepared to overcome the Japanese economy."
In addition to diversifying trading partners and domestically producing materials as concrete measures, the president said, "We will raise the status of a peaceful nation based on moral superiority and open up a new future as an economic powerhouse," with economic cooperation with North Korea in mind. "

He said the outlook.



    cuu ***** |
    It's okay. If you say a break with Japan, the approval rating will go up a lot, but if you don't do it early, your term will be ...
        Empathy / 287
        Opposite / 2


    aoy ***** |
    So far, I think it has produced quite good results among the presidents of South Korea.
    I expected that it would be easier for Japan to embark on nuclear armament if the USFK could be withdrawn, but was it really difficult?
        Empathy / 223
        Opposite / 7


    Hoso-kun is a Hanshin fan Hiroshima fan |
    President Moon Jae-in's "creating a country that has never been seen before" seems to be realized.
I pray that Lee Jae-myung, the next president-elect candidate, will be able to fulfill his promise of "straight hair straightening". However, I can't overtake Japan for that.
        Empathy / 194
        Opposite / 2

Controversy over thinning hair treatment and insurance coverage as a candidate for the ruling party in the South Korean presidential election

薄毛治療、保険適用を公約で論戦 韓国大統領選で与党候補

https://www.asahi.com/articles/ASQ1H65PTQ1HUHBI00Y.html
 

Former Gyeonggi-do governor Lee Jae-myung, a candidate for the ruling Democratic Party of Korea under the Moon Jae-in administration, has pledged to apply health insurance to “hair thinning treatment” and has become a hot topic.


    kcs ***** |
    Abolish your term and become an eternal president and do your best! I support you!
        Empathy / 186
        Opposite / 1


    sodiumperchlorate |
    This kind of article has been published many times, but it has never been realized. Is this someone's desire? It will be somehow after all.
        Empathy / 106
        Opposite / 3


    gaz ***** |
    Both South Korea and Japanese intellectuals have boasted that the minimum wage and GDP per capita are higher than in Japan, so there should be no problem at all.
    I will not report on the negative aspects of increasing the unemployment rate and widening the wage gap due to the increase in the minimum wage.
        Empathy / 56
        Opposite / 1


    ken ***** |
    That's because there is K-quarantine prevention, so I think we can immediately suppress infected people and restore the economy.
        Empathy / 80
        Opposite / 2


    azx ***** |
    He forced the military to siege the USFK base and urged the United States to "give the necessary loans."
        Empathy / 45
        Opposite / 1


    f ***** |
    It will exempt all debts from the president.
        Empathy / 22
        Opposite / 0

    See more (24)


tor ***** |
I was surprised at the beginning that there was plenty of public debt. Where do you say you can afford it?
Please tell me the source. I'm aware that South Korea's national debt is also increasing at a tremendous rate.
Reply 17
    Empathy / 5863
    Opposite / 219

 

 

 


    curi***** |  

South Korea has significantly exceeded corporate debt and national household debt
However, the amount of national debt is lower than in Japan, so there are probably some people who are not Japanese.
    Japan is the world's top creditor nation far surpassing the United States and China
So even if you have a lot of debt, you have more assets than that,
Moreover, the content of national debt is not foreign debt but domestic, which is completely different from the country just before default.
However, it is a mystery whether South Korea is making noise with GDP growth exceeding 4%, but other debt indicators are approaching default and are actually on the verge of default.
        Empathy / 176
        Opposite / 2


    mt _ ***** |
    This Korea has a lot of "external debt" ~
Rich companies and people in South Korea manage almost all of their spare assets in overseas markets, rather than investing in government bonds or financial institutions in South Korea.
    I hope I can escape from this country at any time ...
    Therefore, the country will not turn unless a large amount of government bonds are underwritten in overseas markets ...
    What is the future wallet for such a country? It's "bright" ...? ?? ?? ?? ??
        Empathy / 173
        Opposite / 2


    ptq ***** |
    In Japan as well, the media reported that they should emulate K-quarantine, but in the end it was a burden on businesses.
        Empathy / 123
        Opposite / 2


    c12 ***** |
    In the long run, there is no factor to raise the won.
    If you hit it, you will be forced into a state where you can earn profits just by hitting it, and it seems that you will be able to peel off your costume until you default, and it seems to be a prey to overseas funds.
        Empathy / 93
        Opposite / 0


    hir ***** |
    It's been a matter of time since it went bankrupt for years, and I'm tired of title scams.
        Empathy / 147
        Opposition / 12


    aka ***** |
    Even if there is room, the Japanese government will soon go bankrupt just by tightening monetary policy to South Korea.
    The United States has also withdrawn from the swap agreement, and no country will receive it for worthless won.
        Empathy / 61
        Opposite / 2


    Pon father |
    Yeah, the Korean government is pouring dollars into the defense line near the limit of 1,200 won for the won here.
If the dollar runs out, the won will exceed the limit. Then I won't keep it until March.
        Empathy / 3
       Opposite / 0


    sta ***** |
    I've been seeing articles like this on a regular basis for the last 10 years. It sounds like a fanned article. Is my impression.
        Empathy / 98
        Opposite / 14


    gaz ***** |
    > curi *****
    Furthermore, many government bonds are denominated in foreign currencies.
    There is a big difference between local currency and hard currency.
        Empathy / 17
        Opposite / 0

 

 

 

 

    msk***** |
    It's hyperinflation that can't be helped anymore ... Korea be at a loss what to do with sth
         Empathy / 4
         Opposite / 0

     See more (7)

Nippa. |
There are also foreign bonds. If Japan doesn't accept swaps easily, it's fine.
The Liberal Democratic Party will put pressure on the Kishida Cabinet. The Kishida Cabinet seems to show a sweet face.
Reply 9
     Empathy / 4969
     Opposite / 50

     sum ***** |
     Iran's crude oil bills are also unpaid.
         Empathy / 169
         Opposite / 0

 

South Korea, Iran agree oil payment mechanism

https://www.aa.com.tr/en/energy/general/south-korea-iran-agree-oil-payment-mechanism/22561

 

    tai***** |  

There is a risk that Kishida will restart the swap, because Kishida
        Empathy / 89
        Opposite / 0


    alv ***** |
    It seems that foreign investors are pulling out funds from stocks and turning them into bonds, and it seems that companies will have a hard time in the future.
    You don't have Korean stocks in GPIF, right? If so, you should dispose of them immediately.
        Empathy / 21
        Opposite / 2


    dks ***** |
    Taro-chan firmly.
        Empathy / 23
        Opposite / 2


    play ***** |
    The failure of South Korea's real estate policy is self-sufficient. Corona there. The Democratic Party of Japan, which the Korean people chose themselves, is full of failures.
    Prices have risen due to soaring real estate prices and rising minimum wages, and people's lives are in dire straits and household debt has increased.
    Statistically happy that per capita income has increased, but a reflection of inflation that the public cannot tolerate
If so, Mr. Moon has a question mark about the people's thinking that it is the growth of South Korea because he praises himself for his self-portrait.
    If you are happy with that, Koreans are the happiest people in the world.
        Empathy / 188
        Opposite / 1


    shi ***** |
    It's not a failure. We are adjusting to have it annexed to the north. As scheduled.
    As expected, President Moon.
        Empathy / 173
        Opposite / 1


    nats ***** |
    If it goes bankrupt within the Moon Jae-in administration, it will definitely blame Japan for evading responsibility. While doing a non-buying Japan campaign by ourselves.
        Empathy / 103
        Opposite / 0


    iuu ***** |
    It's okay because I was laying a large furoshiki when I overtook Japan's GDP per capita. Margin Margin. (Laughs) Japan has nothing to do with it.
        Empathy / 114
        0


    hol ***** |
    Was it five years later? It should be going well because it will overtake Japan's GDP lol
        Empathy / 55
        Opposite / 0


    Giants / Horse Racing / EDM Likes & I Hate Korea |
    Even if it is a big crisis next month or his RCEP, the Japanese government should take a resolute attitude.
    Reply 3
        Empathy / 4403
        Opposite / 55


        kak ***** |
        The festival will be held next month!
The currency crisis is approaching, and there is a high possibility that we can see the moment when the country really becomes a pechanko(be flattened) ♪
            Empathy / 137
            Opposite / 2


        jp man |
        I was waiting for such a day!
            Empathy / 107
            Opposite / 1


        one ***** |
        The rice is delicious w
            Empathy / 31
            Opposite / 0

    gkq ***** |
    This month is fine, not March.
    Reply 10
        Empathy / 3733
        Opposite / 58


        tak ***** |
        I'm worried that the Prime Minister of Japan is Mr. Kishida. I want someone like Sanae Takaichi to default after becoming prime minister.
           Empathy / 150
            Opposite / 0


[Diplomatic and Human Rights] Sanae Takaichi(高市早苗) Asks the Liberal Democratic Party's political chairman! [Deep NEWS]
Watched 613,474 times
2022/01/28 NTV NEWS

 

https://www.youtube.com/watch?v=Tt3T3YUlxk8

 

It has been about four months since he became the chairman of the Liberal Democratic Party.
Sanae Takaichi will appear in the studio, and the movement over the recommendation of the world cultural heritage of "Kanayama on Sado Island", the whereabouts of the resolution condemning human rights violations with China in mind, the path to becoming the first female prime minister, and the "Abe faction" I will ask carefully about the return to the Seiwakai.
(From BS Nippon Television "Deep News" broadcast on January 27, 2022)



         cha ***** |
         I agree. Please do it right now.
             Empathy / 151
             Opposite / 0


         (> _ <) |
         What will happen at the beginning of the new year? Stocks and exchanges are weakening.
             Empathy / 97
             Opposite / 1

 

 

 

South Korea Stock Market

https://tradingeconomics.com/south-korea/stock-market

 

        otama****** |   

The rationale for March is that the US Fed will raise rates in March.
It's already this slapstick when it was announced that the interest rate will be raised from March, so there is no doubt that it will be implemented. It's out.
            Empathy / 17
            Opposite / 1


        Furuma Chikko |
        I've been waiting for "the day" and chilling the beer in the fridge ...
            Empathy / 59
            Opposite / 0


        jzc ***** |
        I don't even know the grounds for March!
            Empathy / 29
            Opposite / 0


        gva ***** |
        Well, the first payoff is activated.
            Empathy / 16
            Opposite / 0


        pfg ***** |
        Let's get easier soon.
            Empathy / 140
            Opposite / 0


        ng_ ***** |
        There is no interesting news these days, so the only event is the collapse of the nation on the peninsula. I wonder if I can prepare sake and snacks and prepare to see the collapse on the net.
            Empathy / 5
            Opposite / 0


        Shrimp mayo |
        It's the birth of a country that will never be seen again. It's the first failed state in a developed country!
            Empathy / 29
            Opposite / 0

    ta3 ***** |
    The Korean government will only be able to extend it as before.
    In the meantime, financial institutions may go bankrupt.
    The president-elect will have the greatest debt from the beginning.
    It's hard.
    Reply 5
        Empathy / 3004
        Opposite / 59


    sam ***** |
    I think it is good for the environment because the global population is increasing explosively.
Japan needs to take measures at the water's edge and get rid of the pus that has accumulated in the land.
    Reply 4
        Empathy / 2622
        Opposite / 55


    epv ***** |
    The won depreciation and stock depreciation are added there.
    It is difficult to support because diplomacy went in the wrong direction.
The swap with the United States has ended, and Japan has been offered to extend from the Korean side a few years ago, and the lack of support from the two world standard currencies that have ended will be greatly affected by even small things and will go bankrupt. ..
    It is possible to deceive the domestic won, but if a large amount of won is put into the market, the won will depreciate.
    President Moon's missteps have now been revealed and he has given money to the wasted people in Corona. Limited to what a country with a base currency can do and a wealthy country
    Reply 3
        Empathy / 2431
        Opposite / 55

 

 

 

韓国-米国 600億ドル。 12月31日に期限が切れる外国為替スワップ取引:BOK

S. Korea-U.S. $60 bil. foreign exchange swap deal to expire on Dec. 31: BOK
446 回視聴
2021/12/16Arirang News

https://www.youtube.com/watch?v=vZ1sbXqOsSU


South Korea's 60 billion dollar foreign exchange swap with the U.S. is set to expire at the end of the month.
The Bank of Korea on Thursday said the financial situation at home and abroad has now stabilized.
It added the expiration will not have much impact on the country's foreign exchange market due to better financial conditions and improved foreign currency liquidity management.
The Bank of Korea and the Federal Reserve signed the currency swap deal in March 2020.
Since then, it has been extended for three times. 

韓国の米国との600億ドルの外国為替スワップは月末に失効する予定です。
韓国銀行は木曜日に、国内外の財政状況が安定したと述べた。
財政状態の改善と外貨流動性管理の改善により、満了は国の外国為替市場に大きな影響を与えないと付け加えた。
韓国銀行と連邦準備制度理事会は2020年3月に通貨スワップ取引に署名しました。
それ以来、3回延長されました。

 

    fuk***** |
It mean  in short, "Tokuseirei (debt cancellation order issued by the Emperor or the Shogun)". In Japanese history, the government that did it ...
     Reply 5
         Empathy / 2025
         Opposite / 58