The situation is serious.

The situation is serious.

The exchange rate in the U.S. is 1,466 won and 44 won per dollar in the early morning of November 12.

In addition, Korean government bonds are being sold every day, and the interest rate has risen from 2.82 percent in the past month to 3.28 percent today.

There are many reasons why the ongoing trade talks with the U.S. are a major negative factor for the Korean economy, although there are many difficult situations unfolding.

I've posted a few times, but it was a big mistake to offer to invest the first 350 Billion Dalla,

I was going to get out of it, but I couldn't cut a single penny on the cash investment, which is an important issue, and I just switched to a 10-year installment,

Unlimited Dalla/One Swap, which the U.S. has no reason to do so, was rejected after expecting such a card to work at the negotiating table, such as being necessary as a condition for investment,      

Now that some say that the amount of cash investment is too much to handle, who can think that Korea has done a good job negotiating with the U.S.  

When people take money out of Korea, the exchange rate weakens and Korea, which needs money, thinks that it will have no choice but to stamp more government bonds in the future, so government bonds may be sold. If you do it wrong, it could create a vicious cycle in which the two are sold and sold to each other, and there could be a real big crisis.

If this had happened during the conservative president, he would have demonstrated his resignation and held candles every day, but everyone seems to want to advertise that the Korean government is doing well.  

It would be nice if that were the case, but a sad situation is unfolding in which foreign capital, rich people, talented people and companies are leaving Korea.