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[Korea] A major failure in the nuclear phase - out policy highlighted by the rise in electricity prices - Passing the blame on to the people and giving them cold water.
South Korea will raise electricity prices
Korea Electric Power fell into a large deficit
Moon Jae-in's obvious mismanagement
Is the Fukushima prefecture product a commotion to distract people?
Countries with anti-Japanese spinal reflexes
The day you regain your composure
The South Korean government has decided to raise household electricity rates by 5 won per kWh starting in July. This year's additional measures are expected to raise prices by about 15%.
KEPCO posted an operating deficit of 5.86 trillion won last year, the largest in its history. The deficit in the first quarter of this year was already 7.8 trillion won, and unless the tariffs are raised, the annual deficit is expected to reach 20 trillion to 30 trillion won. Therefore, the idea is to transfer that deficit to the people as usage fees.
The Moon Jae-in government is being held responsible for its policy of ``phasing out nuclear power without increasing electricity rates.'' KEPCO, which had a surplus of several trillion won, became a loss-making company under the Moon government. During the five years of the Moon administration, KEPCO's debt increased by 41 trillion won. There are reports that if we phase out nuclear power, electricity costs will have to rise by 2.6% every year, and by 40% by 2030.
Korea Electric Power is South Korea's public power company. Japan's ban on importing seafood from Fukushima, the release of treated water into the ocean, and the controversy surrounding athletes' meals at the Tokyo Olympics are all efforts to cover up the failures of energy policy under the Moon Jae-in administration and distract the public. It looks like it was a festival.
They completely ignore scientific evidence, create sensationalism, and link it to anti-Japanese sentiment. When this happens, the Korean people lose their cool and become overheated. This is the result of anti-Japanese education, and is like an anti-Japanese switch that the South Korean government often uses.
The anti-Japanese mood seems to have eased somewhat with the arrival of the Yun Seok-Yeong administration, but will the public bear the burden of the Moon Jae-in administration's failures in energy policy, which will further dampen the anti-Japanese fervor? Regarding the causal relationship between cause and effect, in Korean society the problem shifts to Japan. Japan has nothing to do with the failure of energy policy. Even if people say things have calmed down, I feel like it's already too late.
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Korean tourists rush to travel to Japan after the visa - free ban is lifted - Where did the No Japan movement disappear?
Diplomatic relations restored despite dislike
South Korean government does not communicate details of restoration of diplomatic relations
Same as Japan-Korea annexation
Korean tourists flock to Japan, which they hate
Many Japanese wonder why they restored diplomatic relations if they hated it so much. Did the South Korean government explain to the people the reason for the restoration of diplomatic relations? There could be many reasons.
(1) We have entered an era in which it is essential to restore diplomatic relations between Japan and South Korea amidst postwar South Korea-US relations and international trends. ? Because it was judged that restoring diplomatic relations with Japan would have great economic benefits for the economy, which had suffered after the Korean War. ?The conditions presented by the Japanese side for the restoration of diplomatic relations were beneficial for Korea's future, and the benefits of concluding the treaty were recognized.
? and ? are the prerequisites for the restoration of diplomatic relations, but ? is something that cannot be explained to the public. As a result, its contents have never been explained to this day. South Korea seems to want to be in the position of reluctantly restoring diplomatic relations, but the content of the agreement was almost like a unilateral contract that contained only the benefits for South Korea. If you think about it, the same thing can be said about the annexation of Japan and Korea.
The background to the annexation of Japan and Korea is as follows:
(1) It became impossible to stop Russia's interests. ? Domestic turmoil made it impossible to collect information. ? I thought it would be beneficial to consider national stability by being incorporated into Japan.
Regarding this, the purpose of the above-mentioned annexation is clearly stated in the imperial admonition issued by the Sun Song Dynasty (the last emperor of the Joseon Dynasty) at the time of the annexation, but the story is that Japan annexed it by force. That's the translation.
As a result, during the annexation era, the Korean peninsula reluctantly accepted modernization, its population grew reluctantly, and it reluctantly went to school, and now it reluctantly negotiates with Japan and reluctantly trades with Japan. And I have no choice but to reluctantly go on a trip to Japan. Is the No Japan movement a movement that tells people not to buy Japanese products if they don't want to? It is understandable in that sense, but the government changed and Koreans reluctantly began traveling to Japan.
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The Korean won is falling.It exceeded 1,240 won. The reason that Japan must not make promises with the new Korean president prematurely .
The won fell to 1,243 won against the dollar.If the Fed raises interest rates in real terms, it will fall further.The main reason is that Russia's economic prospects are pessimistic. And Yoon Seok-yeol won the presidential election on March 9 and became president on May 10.Yoon called for strengthening the U.S.-South Korea alliance and mentioned the deployment of THAAD.China accounted for 24.8 percent of Korea's exports, twice as much as the U.S., the second largest exporter.When the Park Geun Hye administration decided to deploy THAAD, China imposed severe economic sanctions.China's economic sanctions are only pessimistic for investors, so Korean investment is likely to rise further and the won is likely to fall further.
Next time, South Korea will break its promise with China
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[Korea] Yoon Seok - you's inauguration speech to democracy and liberalism [full text]
Respected and dear people,
7.5 million overseas compatriots,
And to all the world citizens who love freedom
I am here today with an epoch-making vocation that must rebuild this country as a country where the people are the true masters on the basis of liberal democracy and the market economy system, and make it a country that plays a role and responsibility in the international community. I stood up.
We would like to thank all the people who have been with us in the historical setting.
Tora Wen, Former President Park Megumi, President Jacob of Singapore, President of the Central African Republic of Tuadera, Vice President of China Wang Qishan, Former President of Indonesia Megawati, Vice President Harris Emhoff Harris, Senator George Fury of Canada, We would like to express our deep gratitude to Japan's Foreign Minister Yoshimasa Hayashi and other congratulatory missions from around the world and to all the guests from Japan and abroad.
We would like to take this opportunity to pay tribute to the people who have endured great pain in the process of overcoming the pandemic of the new coronavirus infection for the past two years.
We would also like to thank all the medical staff for their dedication.
Respected people,
World citizens
Now, the whole world is one country alone or only a few countries participating, such as the pandemic crisis, changes in trade order and restructuring of supply networks, climate change, food and energy crisis, and retreat of peaceful resolution of conflicts. Faced with difficult challenges.
Various crises cast a complex shadow on human society.
In addition, many countries, including South Korea, are swaying and breaking down the cohesiveness of their communities due to ultra-low growth, large-scale unemployment, deepening polarization and diverse social conflicts.
On the other hand, politics that must solve such problems are failing to function due to the so-called democratic crisis.
Anti-intellectualism is cited as the biggest cause.
Science and truth must be a prerequisite for people with different views to coordinate and compromise with each other.
That is rationalism and intellectualism that support democracy.
Excessive collective conflict between nations and within nations distorts the truth, and anti-intellectualism, which selects only the facts that each person wants to see and hear and suppresses the opinions of others with a large number of forces, puts democracy in jeopardy and democracy. It undermines trust in the principle.
This situation makes it even more difficult to solve the problems we are facing.
But we can.
Looking back on history, the Korean people are on the verge of many crises, but each time they have worked together to overcome them wisely and courageously.
At this moment, I am grateful to be given the responsibility to overcome such a crisis and I am confident that we can overcome it proudly with our great people.
We also believe that we can work together with the world's citizens to resolve crises and challenges at home and abroad.
Respected people,
World citizens
I think it is very important for us to share universal values ??in order to solve this difficulty.
It is "freedom".
We must recognize the value of freedom correctly and accurately.
We must rediscover the value of freedom.
Looking back on the history of mankind, where free political rights and free markets were alive, prosperity and affluence always flourished.
Prosperity, affluence and economic growth are the expansion of freedom.
Freedom is a universal value.
All members of our society must be free citizens.
If the freedom of an individual is left unattended, the freedom of all of us members of the community will be threatened.
Freedom is by no means a winner's monopoly.
To be a free citizen, one must ensure a certain level of economic foundation, fair education and access to culture.
You cannot be a free citizen without this.
If one's freedom is not overrun or the conditions necessary to become a free citizen are not met, all free citizens must help in solidarity.
And if individual liberty is violated not only by individual nations but also internationally by hunger and poverty, illegal acts by public authority and military power, and a dignified life as a free citizen is not maintained, all world citizens will be free citizens. We must work together as a helper.
In order for everyone to be a free citizen, we must obey fair rules and have a spirit of solidarity and philanthropy.
Respected people,
I would like to talk about the direction that I consider important by looking at domestic issues.
In South Korea, excessive polarization and social conflict not only threaten freedom and democracy, but also hinder social development.
I don't think this problem can be solved without a leap and fast growth.
In the process of rapid growth, many people can find new opportunities and improve social mobility to eliminate the source of polarization and conflict.
Leap and fast growth can only be achieved through science, technology and innovation.
Science, technology and innovation protect our liberal democracy, expand our freedom and make our dignified life sustainable.
Science, technology, and innovation are difficult to achieve with the efforts of Japan alone.
By respecting freedom and creativity, we must work and solidarity with many countries that have achieved advances and innovations in science and technology.
Respected people,
World citizens
Liberal democracy creates peace, and peace protects freedom.
And peace is guaranteed by solidarity with the international community, which respects the values ??of freedom and human rights.
We must pursue sustainable peace that blossoms freedom and prosperity, not fragile peace that temporarily avoids war.
Nowhere in the world is free from the threat of freedom and peac
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processing tradeWhat is the problem with Korea's trade deficit with Japan?The center of the Korean economy is processing trade.In other words, even if raw materials are purchased from Japan, they are sold to third countries with added value due to commercialization, so they are recorded as GDP in Korea.In other words, it's just added value and passed through.It may be trade deficit for example agricultural products imported from Japan and consumed in Korea are known, but they do not know what is wrong with processing trade.
If the cost of raw materials imported from Japan exceeds 50 percent of the cost of the product, Korea's added value will be less than 50 percent.However, this is not a trade deficit, but a cost management issue.In the first place, products that cost more than 50% of raw materials in the manufacturing industry it would hard to exist for lack of competitiveness.
Korea wants Japan to buy more products made from Japanese raw materials because of the trade deficit, but this is also meaningless.If Korea adds value to the cost of Japanese raw materials and Japan buys them, Japan will buy back the raw materials it sells, so there is no profit for Japan .This is not the cause of the trade deficit, but the competitiveness in the Japanese market.
Moon Jae In is a man who doesn't make no sense.
