Korea Real Estate Bubble
2021-07-04
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This is the KOSPI chart.Why does it go up when investment from Japan has decreased by ５０% and investment from the United States and the EU has decreased?You'd better imagine who's buying stocks.One is Chinese money. This is exactly what the current administration wants.Another is stock investment, which is secured by soaring real estate prices.Another is private investment by ordinary people who cannot buy real estate, even if they borrow money from rising stocks.In other words, it is a bubble.The IMF warned that Korea's household debt is above the danger level.Judging that this is a temporary phenomenon, it is better to stop borrowing money and investing in real estate and stocks to increase assets.
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Death toll from Halloween Shogi chess accident in Seoul rises to 151 - Different countries respond differently to similar accidents.
Deadly accident occurs on Halloween in Seoul
Akashi fireworks festival accident for which police were held responsible
Shanghai accident started with suspicious report
China's return to people's responsibility
How will South Korea sum up this issue
The number of people killed in a shogi accident during Halloween in Seoul has increased to 151. This is the worst accident in terms of man-made disasters. This accident reminds me of the Akashi fireworks festival accident in Japan and the New Year countdown accident on the Shanghai Bund in China. Shogi accidents occur when players are pushed from behind in a crowded crowd, or when they step on someone else's foot and lose their balance. This chain causes a major accident.
This also happened during the Akashi Fireworks Festival, and 11 people died. However, it is impossible for the people who disrupted that arrangement to be held responsible. Problems with the police and security were investigated day after day, and in the end, a civil court ordered Hyogo Prefectural Police and the security company to pay damages. The conclusion is that it was foreseeable and that the necessary measures were not taken. In the criminal trial, one police officer and one security company were sentenced to 2 years and 6 months in prison, and 3 city employees were sentenced to 2 years and 6 months in prison, suspended for 5 years was found guilty.
Next, regarding the incident in Shanghai Bund, I was in Shanghai on the day of the accident. A Chinese person I spoke to the next day asked me, didn't you go to the Bund last night? I found out when I was asked. According to the news reports after the accident, 36 people were said to have died. From then on, it turned out to be a complete lie. On New Year's Eve, Shanghai was in a state of chaos, with people rushing to the point where it was difficult to walk, not only on the Bund, but also everywhere, including the station premises, and it would have been no surprise if an accident occurred anywhere. . If it was an accident during the New Year's countdown on the Bund, it was clear that 36 people would not have been there.
Afterwards, I was looking into how this incident was summarized in China, and came across an article called Expert Opinion. "Increase public awareness of safety, avoid danger, and avoid crowded places." In other words, public responsibility for gathering too much. It was not intended to hold the government or police responsible.
There was clearly a problem with the accident in Seoul, and it was a catastrophe in which many people died. Maybe it's because it happened right after the accident, but when I look at articles from South Korea, there doesn't seem to be any complaints about the lack of police or security. In Japan, a ruling after the accident increased the responsibility of the police and security companies for events where large numbers of people gather, resulting in an increase in the safety of citizens.
Shogi falling accidents occur in various countries, but the way each country views and deals with the problem is completely different. How will South Korea summarize this accident?
Korea claims that the Korean Peninsula has been modernized even without the Japanese rule: Korea does not know the prerequisites for modernization
There was a YouTube video by a pro-Japanese Korean who showed South Korean youth photos of the country before and after the Japanese occupation, showing the state of development at that time. The performers were all surprised and said it was the first time they had seen it, and they were also surprised to hear that the population had doubled and lifespans had doubled.
However, they all said that although it is clear that the country developed during the Japanese colonial era, it is still true that Japan invaded. He was unable to explain the counterargument that the Korean Peninsula would have developed even without Japan.
The photo of a unicycle ridden by yangban (Korean aristocrats) is interestingly introduced as a photo of the time before development, but as I have posted in the past, this one photo explains everything about this answer. . At that time, there was no technology to make wheels on the Korean Peninsula. And four slaves are supporting a unicycle.
Modernization was triggered by the Industrial Revolution, and the Industrial Revolution was a revolution in power, and the steam engine was a mechanism and machine that transferred large amounts of energy to gears and converted it into another repetitive motion. If you can't make wheels, it's impossible to make any industrial machinery. However, this is a technical matter, and even if one were able to learn how to make one and create one, it would be impossible to modernize it.
A necessary condition for the industrial revolution is that a mobile labor force, the proletariat, must exist in society. Production becomes possible only when the labor force is replenished in industries that can develop. In the society of the time, where slaves were slaves to the yangban, this would have been impossible. These are things that always come up when explaining the industrial revolution.
The Meiji Restoration abolished the shogunate system and liberated citizens from the land, creating a mobile labor force. It was Kim Ok-gyun who tried to achieve these goals on the Korean peninsula, but the Gashin Coup failed and Kim Ok-gyun defected to Japan, but was assassinated in Shanghai. Unless the class system can be abolished from within the Korean peninsula, modernization will never be possible.
Japan - South Korea relations, in which historical issues arise.Korea is rejecting Japan, which is becoming a historical issue.
What is the Japan-South Korea issue?It's a historical issue.This is a historical issue 77 years ago.The Japanese government established a joint research committee on Japan-South Korea history to make it a historical issue, not a political one, but South Korea rejected it halfway.So what will happen if Japan-South Korea relations are segregated before and after World War II?Japan and South Korea established diplomatic relations in 1965, and there was no public cultural exchange until the Japan-South Korea Joint Declaration in 1998.Japan-South Korea relations ignore the 1965 agreement, the Japan-South Korea Joint Declaration, and various other promises made by Japan and South Korea, and continue to deal with historical issues more than 77 years ago, regardless of culture or economy.
I don't know why Korea, which continues to cry out for historical issues, refuses to accept the Japanese government's attempt to turn it into a historical issue into a historical issue.Korean politicians often use the term "two-track strategy," but it is only a false diplomacy from the perspective of Japan.Japan has already proposed a two-track strategy.It is not the idea of using what is available, but simply separating historical and political issues.
The Japan-South Korea Joint Research Committee on History, which was established under the Koizumi administration, is currently not active at all.How will this solve the historical problem?
The South Korean government is lying about holding the Japan - Korea summit meeting - A country that lies about the results of diplomatic negotiations It is full of lies to begin with.
Japan-Korea summit meeting is another lie
Japan reacts to lies
Korea prioritizes pride
What all historical questions have in common
Kim Tae-hyo, First Deputy Director-General of the National Security Office of the South Korean presidential palace, announced that they had agreed to hold a summit meeting in conjunction with the General Debate Address at the United Nations General Assembly, which will be held in New York from the 20th of this month, and that they are coordinating the time. According to the presidential office, the meeting is expected to last about 30 minutes, and the agenda has not yet been decided. Regarding the announcement that Japan had agreed to hold a Japan-South Korea summit, Chief Cabinet Secretary Hirokazu Matsuno said at a press conference on the same day, ``Nothing has been decided at this point.'' What I personally noticed about this issue was the difference in the reactions of the people of the two countries.
Japanese people's reaction is largely a reaction to their government blatantly lying about the content of diplomatic negotiations between countries. Up until now, the American and Japanese governments have often denied that the South Korean government has agreed to diplomatic negotiations, even though they have not, or that they have agreed on the direction of the deal. I have the impression that this is the case again, but what Japanese people react to is the act of lying.
Looking at South Korea's reaction, they told us not to flatter Japan and why they wanted to hold a Japan-Korea summit meeting. Don't embarrass the Korean people. That is the criticism. In other words, even though there are various circumstances surrounding this issue with the Korean government, the people of both countries are focusing on completely different aspects of the same fact.
This problem seems to be related to historical awareness. I can't help but feel that there are completely different emotions about the same fact, or that the facts are changed by those emotions. Not only historical understanding, but even the details of the most recent negotiations between the two countries are being fabricated.
Bella Poarch battle against Korean. It looks like you're still in a fight with the Filipinos. Koreans attacked Bella Poarch all at once, alleging that the tattoo of the selfie image that Bella Poarch surrendered to Instagram was reminiscent of the Rising Sun Flag. Bella Poarch, who once apologized, later said, "I can't afford to insult not only me but other Filipinos," and it seems to be heating up even more. The concern is that the Philippines is a gun society. The homicide rate is 25 times that of Japan. I heard that many Koreans study English in the Philippines, but is that okay? Are you trying to see if Korean common sense is universal?
The Japanese Navy is promoting military cooperation, such as dispatching destroyers and submarines to the waters of the Philippines and Japan's cooperation in the redevelopment of the former US Navy base. Do you think the Philippines will deny the Rising Sun Flag? Well, please do your best.
