Park Geun - hye's special pardon has been decided. What is Moon Jae - in planning? It's been ４ years and ９ months.
2021-12-24
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Former President Park Geun-hye to be pardoned
Former President Park Geun-hye, who was sentenced to 22 years in prison, was granted a special pardon on the 24th and will be free from midnight on the 31st. It has been 4 years, 9 months, and 1,736 days since he was arrested on March 31, 2017.
Former President Park expressed her gratitude to President Moon Jae-in. Lawyer Yoo said, ``I apologize to the people for causing so much worry.Also, thank you for your continued support and encouragement.Despite all the hardships, Moon Jae-in decided to be pardoned. I would like to express my great gratitude to the President and the government authorities.I would like to return to my job as a new soldier, concentrate on my treatment, and personally express my gratitude to the people as soon as possible,'' former President Park Geun-hye said.
MEMO The longest prison term for a South Korean president was former President Park Geun-hye's 1,736 days.
Moon Jae-in who once refused pardon
In August of this year, in the decision to parole the head of the Samsung Group, the opposition party mainly requested that Park Geun-hye be pardoned, but Moon Jae-in refused. Those seeking a pardon had called for Park Geun-hye's release on the grounds that it would eliminate the cause of national division, but the latest decision by the Blue House to grant the pardon is precisely to eliminate the division among the people.
What is the real reason for the pardon?
It may be a naive point of view, but it is customary for South Korean presidents to be arrested for some crime once their term ends. Did Moon Jae-in think that Park Geun-hye would be pardoned no matter who the next president becomes? If she was to be pardoned anyway, I would be the one to be pardoned.
Does this mean that he is showing sincerity to the opposition and wants his prosecution to be overlooked? In any case, the 22-year sentence for bribery charges is shocking. This is a Japanese feeling, but since he was sentenced to prison for 4 years and 9 months, it is best that he was released.
POINT Moon Jae-in won the presidential election despite having little political experience due to the impeachment of Park Geun-hye. Why was he pardoned at this time? It is said that Moon Jae-in was the one who sent Park Geun-hye to prison.
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[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.
minimum wage In Korea, the minimum wage has increased by 35% in four years...
Apartment prices in Seoul have risen 93 percent over the past four years...
If the minimum wage is 8,720 won, is it 6,459 won four years ago?The increase in the minimum wage increases the number of self-employed businesses closing.Decrease in employment...
Usually, Increasing jobs come first.Wouldn't the minimum wage go up for companies to secure employment if the effective recruitment ratio goes up?I can't believe going to raise the minimum wage first.You're a fool.
Japan's minimum wage varies from prefecture to prefecture.Of course, if the minimum wage is raised, the government will carefully observe the price index and economic conditions of each region.It is unthinkable to raise the price by 35 percent across the board.
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.
Catch - all regulation and its contents Even though South Korea was a white country, I could not understand its meaning.
The Wassenaar Arrangement is an international agreement regarding the export control of conventional weapons, with which 42 countries, including Japan and South Korea, have concluded an agreement. Based on this premise, Japan will introduce catch-all regulations, and will notify the Minister of Economy, Trade and Industry and receive permission when exporting cargo or providing technology that may be used for the development of weapons of mass destruction or conventional weapons. I made it mandatory.
Group A: 26 countries (white countries) Group B: 6 countries (including South Korea) Group C: countries that do not fall under A, B, or D Group D: countries under the UN arms embargo ・Countries of concern designated by regions and exporting countries
The above framework is determined at the discretion of the exporting country from the standpoint of national security. For this reason, Japan is constantly calling for a "review of export control operations." South Korea claims that Japan imposed export controls this time, but Japan has simply reviewed its operations, and as long as the prescribed procedures are followed, exports will continue as before. It's been two years and I still don't understand this. On the other hand, if we were a white country without understanding this basic thing, it would be even more frightening. Do they think they were put in Group D? Group D is currently subject to export restrictions from Japan.
Group D consists of 11 countries, including Afghanistan, Central Africa, Democratic Republic of the Congo, Iraq, Lebanon, Libya, North Korea, Somalia, South Sudan, Sudan, and Iran, a country of concern.
Yun Seok - yue's manifesto aims to attract and circulate capital through a free economy.Will the National Assembly become a burden that hinders this?
South Korea is wavering between pro-China and pro-US
Original regime change through social policy
A country that thinks about what is better
Yin Seok-yue promotes free economy
Promoting free competition within the country and moving towards CPTPP
Legal development by the Diet is hopeless
Is South Korea wondering whether it should join China, which has achieved growth in recent years, or join the camp of free nations such as Japan, the United States, and Europe? I guess it's a question of which is better, but it seems like a very polarizing choice.
The Moon Jae-in administration completely abandoned its pride as a democratic country without hesitation and spent five years desperately trying to join China and North Korea, a country that violates human rights at its worst, but unfortunately there was no result. Ta.
The new president, Yun Seok-Yeol, has the exact opposite policy, aiming for Korea to be a member of the Japan-U.S. and liberal camp. This seems to be the composition of the right-wing and left-wing forces in South Korea.
The left tends to seek the enhancement of social institutions, while the right tends to seek free competition and liberal democracy. This is a question of the balance between social welfare and liberal economics, and a debate about competition versus distribution. This is an issue to be debated within a democratic country, and can be said to be a universal frame.
America's two-party system is very easy to understand. Republicans and Democrats can be broadly divided on the question of whether taxes should be primarily used for public welfare, or whether they should reduce taxes in the first place and increase competitiveness in a free economy. It is also expressed in the framework of big government and small government.
The choice of domestic social policy is not a question of which country will benefit you by following, but rather a matter of foreign policy. Prior to Japan's annexation of South Korea, there was intense conflict between pro-Russian and pro-Japanese factions on the Korean peninsula. Is nothing different from that era? Another characteristic of South Korea is that its foreign policy is also its domestic policy.
Looking at Yun Seok-Yue's manifesto from the perspective of economic policy, his economic policy is to bring back the capital that fled South Korea under the Moon Jae-in administration.
In particular, the focus is not on where to focus investment and foster industry, but rather the policy appears to be aimed at attracting investors by abolishing regulations and promoting a free economy and free competition.
It appears that the plan is to aim to join the CPTPP and other liberal nation frameworks based on this liberal economic frame, but in order to realize this, it will be necessary to obstruct the various free competitions that exist within Korea. Legislation must be put in place to abolish the regulations that apply.
This is the job of the National Diet, the legislative branch, but the opposition Democratic Party of Japan still holds nearly 60% of the seats. In other words, there are many hurdles for the time being in the economic policy advocated by Yun Seok-Yeol and cooperation with liberal countries. In other words, we will have to wait for the 2024 general election.
