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The Federal Reserve raises interest rates, causing South Korea's economy to shake, and Yoon Seok hyuk is helpless!

因醉鞭名马幌
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In 2022, in order to curb inflation and prevent economic foam, the United States began to raise interest rates crazily by 425 basis points a year, which led to the collapse of Silicon Valley Bank and Lehman Brothers. In 2023, the Federal Reserve did not stop and carried out multiple rounds of interest rate hikes, ostensibly saving the US economy from collapsing, but in essence, it brought great pressure to the economies of countries around the world, especially those heavily dependent on the US economy.
The logic behind it is that the Federal Reserve's interest rate hike will increase the value of US dollar assets, while international investors will choose to invest in the United States. This is like putting a "lockdown" on the US economy, which has the effect of forcefully boosting, but this stimulus will not last long, but it will have negative effects. This negative effect is first manifested in other countries around the world, especially those with close trade relations with the United States. The capital from these stock prices will flow back to the United States in large quantities, and other countries will face capital withdrawals and economic collapse.
In fact, this is just one aspect. The impact of the Federal Reserve's interest rate hike on global monetary and financial markets is very fatal, affecting global economic growth. Some developing countries may even go bankrupt as a result, such as Sri Lanka around us.
The other country around us, "South Korea," has a strong sense of shock and great economic pressure.
According to Yonhap News Agency, in the first 10 months of 2023, South Korean banks raised interest rates 10 times, and since January, the interest rate has been pushed up to 3.5%, and has been at this level ever since. The Bank of Korea's interest rate hike is due to the Federal Reserve's interest rate hike. The result of the strong rate hike is that the South Korean economy is on the brink of collapse, manifested by inflation and a cooling of the real estate market.
The reason for the strong shock in South Korea is that it is a country manipulated by capital. The chaebols in South Korea are world-renowned for monopolizing their economy, and they themselves have a large amount of American capital. The chaebols rely on American capital and support to enter the US market. Therefore, when the US market is sluggish, the economy of the chaebols in South Korea will also be affected.
More than 50% of the equity of Samsung, the largest chaebol in South Korea, belongs to foreign investors, with the majority being from the United States. The South Korean chaebol, backed by the United States, is indeed wealthy, and South Korea's technology, economy, and technology also seem to be developing rapidly. But there are also hidden dangers. When there are problems with the US economy, South Korea's economy will not be able to sustain itself.
This is the consequence of excessive dependence on the United States, as well as the consequence of some blind countries following the United States.
Compared to the faltering US economy, the Chinese economy is thriving, which is reflected in the pace of RMB globalization and China's international influence. South Korea could have done good business with China, as it is so close to China and has a cultural "inheritance and inclusion" relationship. South Korea can make a lot of profits in the Chinese market. But South Korea will rely on the United States for its hopes, and its exports will also rely on the US market. As a result, domestic demand and imports in the United States have decreased, and some countries that rely on the US market have become passive!
However, this is also South Korea's own choice. If South Korea wants to change its course, it will be the next choice of Yi Siyue!
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