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![【韓国】家計債務が世]()
[South Korea] If you have the world's highest household debt, you don't have enough disposable income - If you don't spend money, it's just bad manners.
Private/government debt 254%
Household debt is 104.2% of GDP
Global trend of interest rate hikes
Mortgage reduces disposable income
A traveler who just has bad manners
In a statement distributed in advance of the conference, Professor Ham Joon-ho of Yonsei University Graduate School of International Studies, who served as a member of the Bank of Korea's Financial and Monetary Committee, stated, ``Korea's macro leverage (private and government debt) level has expanded to 254% of GDP. ” he pointed out.
The household debt balance has continued to expand for 16 years, reaching a record high of 1,850.9 trillion won (approximately 176.9871 trillion yen) in the April-June 2021 period. According to a study by the Institute of International Finance (IIF), Japan's GDP ratio was 104.2%, the highest among 37 major countries and regions. Incidentally, the countries other than South Korea are followed by Hong Kong (92.0%), the UK (89.4%), and the US (79.2%).
On the 15th, the Federal Reserve Board (FRB), the central bank of the United States, announced the first major interest rate hike in about 30 years. The policy rate will be raised by 0.75% to a range of 1.50 to 1.75%.
Prior to this, South Korea announced that it would raise its policy interest rate from 1.5% to 1.75% in May. The rate was set at 1.5% in April, making this the second consecutive month of interest rate hikes. This will also be a severe blow to those who are burdened with household debt.
South Korea's per capita GDP is approaching that of Japan. According to the 2021 IMF announcement, Japan's price is $39,340 and South Korea's price is $34,801. However, Japan's household debt is around 66-7%.
Housing loans are the largest component of household debt. The skyrocketing price of land in Seoul continues to skyrocket, forcing many to borrow large sums of money to purchase apartments. As a result, even if GDP and wages rise, most of the money goes toward repaying household debts, resulting in less disposable income. I don't have any money to spend.
Even after salaries are paid, the money goes straight through the tunnel and is returned to financial institutions, where it is returned to the market. This is the reality of GDP per capita in the Korean economy.
As the coronavirus pandemic begins to subside and overseas travel is gradually lifted, travel to Japan is expected to become a boom again in South Korea. It's not that they like Japan. The above reasons are largely responsible for why Japan is chosen as a nearby travel destination.
And just because you come to Japan doesn't mean you have to spend money. There are quite a few groups that find faults, point them out, and complain to each other. It is said that Korean tourists just have bad manners.
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South Korea is furious after being told that kimchi originates from China - Do they go crazy when they are forced to do something they always do?
While watching YouTube videos about Sichuan cuisine, I suddenly noticed the controversy surrounding the origin of kimchi, which is based on Sichuan's foamed vegetables. I used to think that Sichuan cuisine was spicy because spices from western countries such as India and Pakistan were introduced, but chili peppers are native to South America, so chili peppers probably didn't exist in China.
There is a theory that it was brought to Japan when guns were introduced, or that it was brought by missionaries, but it seems that it was brought to the Korean peninsula during Hideyoshi's Bunroku and Keicho campaigns. It was the end of the 16th century. So I researched when chili peppers were introduced to Sichuan, and found that it was in the 17th century, at the end of the Ming Dynasty. I'm not sure when chili peppers began to be used in Awa Nai or Korean kimchi, but it would be a mistake to say that the current kimchi made with chili peppers originated in Sichuan Province.
If that's the case, there must be a culture of foamed vegetables using chili peppers all over China, or even on land routes to Beijing. Chinese historical debates tend to be like this. China's 3,000 years will turn into its 4,000 years the next day, but there are no excavations that have spread its culture geographically. It ends with a dot. Culture is transmitted through people as a medium.
Incidentally, as part of its national strategy, China claims that ginseng is many times more superior to Korean ginseng, and supports vast fields of ginseng. This is an economic revitalization project for the underdeveloped and ethnically diverse Yunnan province.
By the way, when I looked into the origin of chili peppers, I found that there is a record that it dates back to 6000 BC in Mexico. A little respect for Mexican chili peppers would end this debate.
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South Korean Foreign Minister Park Jin strives to resolve the forced labor and comfort women issue - What does the Korean economy, where the won continues to be weak, demand from Japan?
South Korean Ministry of Foreign Affairs is extremely knowledgeable
South Korea is keen on repairing Japan-Korea relations
Korea's diplomatic techniques that you can't let your guard down
True feelings about getting close to Japan
Excited about swapping
To what extent will the Japan-Korea issue be resolved
Clarify what relationship improvement means
Special treatment is over
South Korean Foreign Minister Park, who is visiting Japan, emphasized that regarding the issue of labor recruitment lawsuits, ``We are making efforts within South Korea to find a desirable solution before cashing out,'' and added, ``The Japanese side also responded with a sincere response.'' I would appreciate it if you could give me that."
Mr. Nukaga, who met with him after the meeting, told reporters that he "intended to respect" the 2015 comfort women agreement that confirmed the "final and irreversible resolution" of the comfort women issue. I made it.
The current Yun Seok-Yue administration appears to be eager to repair relations with Japan. Before he took office as president, he sent a delegation of members of Congress to express his sincerity, and after taking office, the Minister of Foreign Affairs has shown an attitude of fully accepting the intentions of the Japanese side. But don't let your guard down.
The South Korean government's approach so far has been to extract some kind of concession from Japan, take it as a diplomatic credit, and then try to make a temporary move, and the pattern is to come back to it again and again.
Japan should negotiate without losing its stance that there is nothing Japan can do. In reality, the issue of post-war compensation has already been resolved in all agreements between Japan and South Korea.
The Korean won continues to be at a low price with no signs of rising. Due to the impact of interest rate hikes and the Bank of Korea trying to recover the won spent during the coronavirus pandemic, corporate investment will slow down. Since the won is not depreciating as sharply as before, it seems that the price is not falling off a cliff and is managing to cope even with the price dropping to around 1,300 won.
The US Federal Reserve has also begun withdrawing dollars from the market and raising interest rates. The Korean government wants to carry out another swap and looks at the American expression, but its expression remains firm. That's why it's Japan. I would like to somehow conclude a swap with the key currency to provide peace of mind.
Although South Korea has experienced economic growth, its industrial structure is a chaebol economy that generates profits through processing trade through bulk purchases and bulk sales, so domestic demand never grows, and it is greatly affected by exchange rate fluctuations. The national debt is increasing, household debt has exceeded GDP, and land prices in Seoul continue to soar, making it difficult to see when they will rebound. There is nothing wrong with the fact that Won is vulnerable.
The Japan-Korea issue is not just about the forced labor issue or the comfort women issue. In addition to the Takeshima issue, South Korea has broken all of the agreements that Japan and South Korea have concluded to date. The Japan-Korea joint declaration was left blank. The issue of excluding countries from the White List stems from concerns about the transfer of funds to North Korea and third countries.
Just because the issue of forced labor, which is about to be turned into cash, and the issue of comfort women, where statues of comfort women are being erected all over the world, are recent issues, it is normalization because these two issues have been resolved. Would you? In the first place, when South Korea refers to normalization, it means that they want to go back to the days when they were given special treatment.
Why did South Korea become a white country? Why did Japan do swaps during two economic collapses? This is only because Korea was given special treatment. It should be made clear that there will never again be a time when relations are treated as special even though they have been normalized.
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Syngman Rhee, who was not on the Korean Peninsula during the Japanese colonial period: The founding of an anti-Japanese nation and the resurrection of Kim Gu’s ghost
He is not often introduced in Japan, but do you know the man in the photo? His name is Kim Gu, and he was a member of the Provisional Government of the Republic of Korea. After Japan lost the war, he fought with Syngman Rhee, who would later become president, over who should become president of South Korea. I would like to highlight that the former president Moon Jae-in and the current leader of the largest opposition party, Lee Jae-myung, are closely related to Kim Gu's ideas.
The Provisional Government of the Republic of Korea was established in Shanghai in 1919, triggered by the March 1st Independence Movement that took place on the Korean Peninsula. It planned and orchestrated anti-Japanese riots on the Korean Peninsula from afar, but it was a mock government with no real governmental functions. Syngman Rhee was involved in the establishment of the Provisional Government, but the year after it was established, he lost in a factional struggle and was ousted, and moved to Hawaii. In the first place, Syngman Rhee participated in the distribution of documents calling for the abdication of Emperor Gojong of the Korean Empire, was imprisoned, and after being released by amnesty in 1904, he defected to the United States and settled in Hawaii. In 1919, he participated in the establishment of the Provisional Government in Shanghai, but returned to Hawaii the following year, so in fact, Syngman Rhee experienced almost no Japanese rule at all and viewed Japan from an American perspective. Syngman Rhee returned to the Korean Peninsula in 1945 after the end of the war.
Now, Kim Gu requested to return to Korea as the "Chairman of the Provisional Government," but the legitimacy of the Provisional Government was not recognized by the US government, so he chose to return to the southern part of the Korean Peninsula as an ordinary citizen. He then merged with the Central Council for Promoting Independence led by Syngman Rhee to form the National Association for Promoting Korean Independence and became its vice president. In other words, at this point, the Provisional Government that began with the March 1st Independence Movement in 1919 was not recognized as legitimate, and Syngman Rhee, who was supported by the United States, was on the path to founding the Republic of Korea.
Kim Gu was a staunch anti-Japanese, and in 1896, he became angry when a restaurant owner served Japanese merchant Tsuchida Josuke first, saying that priority should be given to the order of orders, not the order in which they were made. He then assaulted Tsuchida, beat him to death with stones and iron clubs, stole his money and valuables, and dumped his body in a frozen river without burying it. He was imprisoned and sentenced to death. He was later pardoned and his sentence reduced, but he managed to escape prison, participated in the March 1st Independence Movement, and set up something like a government in exile in Shanghai. An Jung-geun's son An Jun-seong, who assassinated Ito Hirobumi, visited Ito Bunkichi, the son of Ito Hirobumi, and apologized. An was angry and asked Chiang Kai-shek of China to kill An Jun-seong.
■English subtitles
As the division of North and South Korea became decisive, Kim Gu developed his own theory, claiming that the Korean Peninsula would achieve unification through its own efforts, not under the influence of the United States or the Soviet Union, and met with Kim Il-sung of the North. However, the times were not like that at all, and Kim Il-sung did not pay any attention to them, nor did the United States. Later, when the Republic of Korea was established, they launched an opposition movement against the independent election in South Korea to decide the first president, but on August 15, 1948, the founding of the Republic of Korea was declared, and Syngman Rhee, supported by the United States, became the first president, and the following year Kim Gu was assassinated at his home. This is a rough history of Syngman Rhee and Kim Gu up to the founding of the Republic of Korea. The preamble of the current Korean constitution proclaims that it will inherit the legal lineage of the Provisional Government of the Republic of Korea established during the March 1st Independence Movement, and this is the legal basis for justifying anti-Japanese sentiment as a national policy, but looking at the history so far, the Korean people are probably completely unaware of the contradiction that the legitimacy of the Provisional Government was not recognized when the Republic of Korea was founded.
The Republic of Korea continued to be a dictatorship under Syngman Rhee, and although the Rhee government was overthrown by a democratization movement, a military coup led by Park Chung-hee led to a military dictatorship. Later, during the presidency of Roh Tae-woo, a declaration of democratization was made on June 29, 1987, including a direct presidential election. Due to this trend, conservatives in Korea are a political force that originated from the founding of the country by Syngman Rhee, and the left wing has the opposite nature. Within this, there is a tendency to be divided into right and left by economic factors such as prioritizing economic policy or social security. For this reason, the left wing has a communist nature and has tended to implement a conciliatory policy toward North Korea. Both are anti-Japanese in terms of the constitution, but in reality, Syngman Rhee founded South Korea through anti-Japanese means, and he purged pro-Japanese forces one after another.
On the other hand, although the left is anti-Japan, Kim Dae-jung visited Japan as a state guest, co-hosted the FIFA World Cup, lifted the ban on cultural exchange between Japan and Korea, and concluded a new Japan-Korea fisheries agreement in accordance with the revised international law regarding the Takeshima issue. After that, former President Roh Moo-hyun also visited Japan as a state guest as a left-wing president, but anti-Japanese movements in Korea became heated after that.
After President Roh Moo-hyun, two conservative presidents followed, but Lee Myung-bak is said to have remarked that the Japan-Korea currency swap was unnecessary during the currency crisis, infuriating former Prime Minister Aso, and landed on Takeshima during his term as president. Comfort women statues stand in a row, and the next former president, Park Geun-hye, is also a conservative president, but a comfort women statue has been erected in front of the Japanese Consulate General in Busan. It was during this period that comfort women statues began to be erected without any hesitation. Prior to this, the first Abe Cabinet in Japan made a cabinet decision to amend the Kono Statement, stating that there was no direct reference to the so-called forced abduction of comfort women by the military or government officials. Based on this, the 2015 comfort women agreement was reached.
After that, Moon Jae-in, who became president after the impeachment of President Park Geun-hye, is a very troublesome person who has a completely different opinion from the left-wing forces so far. That is Kim Gu. Moon Jae-in has named Kim Gu as the politician he respects the most, and in 2019 after taking office, he took the incomprehensible action of holding a cabinet meeting at the Kim Gu Memorial Hall. And Lee Jae-myung, the current leader of the largest opposition party, also named Kim Gu as the politician he respects the most. Looking at it this way, the incomprehensible foreign policy of the Moon Jae-in era ironically becomes understandable. Kim Gu was a person who tried to exclude the United States and achieve the unification of North and South Korea through negotiations with the North. Moon Jae-in's policy has been to continue to move to eliminate the influence of the United States from the Korean Peninsula. The move to scrap GSOMIA can be said to be exactly that purpose. On top of that, he realized the US-North Korea-South Korea summit, suddenly made a statement at the UN that he wanted to end the Korean War, and Lee Jae-myung even made an absurd statement that Korea was divided because of the United States.
In other words, Kim Gu is symbolically positioned against Syngman Rhee as a counter-axis to conservatives. And the crucial point is that it is nothing more than Kim Gu's delusion, a fictitious history that was completely ignored by both the United States and North Korea, and it is ironic that the same result is occurring today. The problem is that half of the Korean people agree with this claim.
As for Kim Gu, the provisional government in Shanghai had no actual governance over the Korean Peninsula, and even after returning to Korea, its legitimacy was not recognized, and his independent unification route with the North was not appreciated by anyone, and there is no fact that he actually conducted politics and achieved any results. On top of that, it is Moon Jae-in and Lee Jae-myung who are inciting the people with the ultimate "what if" of what would have happened in Kim Gu's time. If we assume this fictitious history of Kim Gu, the founding of the country by Syngman Rhee would not have been established, which means that the very founding of the Republic of Korea would be denied.
In the last South Korean general election, the conservative ruling party suffered a major defeat. If this trend continues, it is certain that the next presidential election will see a left-wing president. For Japan, it is important to see that a left-wing president will simply be elected, but it is also necessary to understand that the government will be taken by a force that is plotting fundamental changes to the security issues on the Korean Peninsula and in East Asia, which have been maintained by the Japan-US and Japan-Korea security alliances established after the war.
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In response to the Itaewon Halloween accident in South Korea, President Yoon prioritizes the settlement of the accident as a matter of national policy - The settlement of the accident is a matter of[Contents]
A barren argument if it comes down to civic consciousness
The same idea as China will not solve the problem
Could the accident have been prevented?
Sufficient predictability
There was a way to prevent the accident
Halloween in Shibuya under police guard
DJ Police in action
Closing accidents is a matter of course
After the Halloween accident in Itaewon, South Korea, there seems to be a lot of public opinion in South Korea. It seems that there are opinions on social media such as ``It's a problem with young people's manners,'' and ``Let's raise citizen awareness.'' There was even an opinion that there was a person who pushed from behind, and that person should be identified. A crowd accident is when everyone is pushed from behind.
This is exactly the same as the summary of the Shanghai accident. In the case of the Shanghai Bund accident, the conclusion was to raise public awareness in China. Of course, the issue of public awareness is not irrelevant. If you can't walk in line and keep your turn, it will easily lead to crowd accidents. But how do you explain the mass accident that occurred in Japan, which is said to be the most lined up in the world? No matter how much you raise your awareness, accidents still happen.
Minister of Public Administration and Safety Lee Sang-min appears to have become a controversial issue when he said, “The problem could not have been resolved by deploying police and firefighters in advance.” CNN and the Washington Post seem to point to problems with police security and operations. This is the correct answer. It's clear that the Chief of Administration and Safety himself is not aware of the problem, even after the catastrophe of that magnitude.
In the trial for the pedestrian bridge accident at the Akashi Fireworks Festival, the question was whether it was predictable and whether the accident could have been prevented. As for predictability, it was clear to everyone that an event would be held and many people would gather. It is said that the street where the accident happened in Seoul was also a place where many people could easily gather. In other words, it can be said that there was foreseeability .
As for whether or not the accident could have been prevented, the Akashi trial explained the physical mechanism that causes a shogi overthrow. It was proven that 13 to 15 people per square meter were densely packed on the pedestrian bridge. It was also proved that the pressure concentrates on the corners and edges of the passage. In other words, it can be concluded that there is a high possibility that fatal accidents caused by knocking down shogi would not have occurred if, at the very least, less than 5 people per square meter were arranged and spaces were created at both ends of the aisles. Humans don't die from being pushed from behind.
Only the police or security guards assigned to guard the event can direct traffic. On this day, 200 police officers were mobilized in South Korea to guard Halloween, which means the accident was preventable. The method is to secure space at both ends, and once a certain group of people pass through, they will be regulated, and after opening the space, the next group will be allowed to walk.
120,000 people visited Shibuya at its peak for Halloween last night. Many police officers are conducting walking guidance. On top of a large police vehicle, a police officer makes an announcement over a loudspeaker and gives instructions to pedestrians. This is installed in several places in the shopping district of Shibuya, and it monitors whether there are too many crowds from above and whether there are any troubles.
The police officers who make this announcement are called "DJ police" and are familiar to young people. The announcements are made with humor, and even young people who do not listen to instructions when they are in a group will listen to funny police officers. In 2013, one male and one female police officer were awarded the Chief Police Officer's Award for this novel method of guarding against crowds.
Even if you watch the video of the accident in Itaewon, you can't see the police in the middle of the street.there is almost no police officer's walk near the entrance. President Yoon said, ``The top priority of national affairs is to settle the accident and respond to it.'' This is a matter of course. Transport the injured to the hospital, and if the street where the accident occurred returns to its original state, the accident will be settled. What is necessary is to investigate the cause and formulate specific measures to prevent recurrence
