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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The ''North-South division issue'' and the future aimed at by Kim Gu - Lee Jae-myung's assertion is an unrealizable hypothesis.
South Korean Democratic Party members Moon Jae-in and Lee Jae-myung cite Kim Gu as the politician they most respect. Kim Gu was a person who served as the president of the provisional government of the Republic of Korea. He rejected the postwar state of US-Soviet trust between North and South Korea and proposed a plan to unify the peninsula among the Korean people, but this idea was rejected by Kim Il-sung of North Korea. It was an unrealizable idea that would be denied by the United States as well. After a political dispute, Syngman Rhee, who was recommended by the United States, became president, and Kim Gu was subsequently assassinated.
Lee Jae-myung recently told a US senator that the North and South were divided because of the US. I guess he is trying to say that if he had done what Kim Gu said at that time, there would have been no Korean War or division between North and South. However, there is absolutely no basis for this "if". At that time, there were no people in Japan or abroad who supported this idea.
Kim Gu's ideas did not produce any results in the environment of the time. Based on this premise, there are no objective facts in history; all that exists is the existence of South Korea and North Korea since the founding of the nation more than 70 years ago. North Korea established the current state of North Korea without paying any attention to Kim Gu's claims.
In other words, it is logically impossible to trace back to Kim Gu's assertion what the basis for the unification of North and South is advocated by the No. 1 and No. 2 members of the Democratic Party of Japan. They are the most pro-North Korean and pro-China faction in the South Korean National Assembly. Even now, that claim is not appreciated at all by North Korea, the United States, or even China.
The number of malfunctions of the South Korean Air Force's F-35A fighter jets is 234, and 172 are unflyable - Expensive fighter jets are also useless. From last year, when the South Korean Air Force's most advanced fighter jet, the F-35A, began regular operations, to the first half of this year, it was judged to be in a condition not capable of flight (G-NORS) or not capable of carrying out specific missions (F-NORS) a total of 234 times. It was reported that this was found out. The breakdown is 172 G-NORS and 62 F-NORS.
F-35As affected by G-NORS were unable to perform missions for an average of 12 days last year and 11 days in the first half of this year. F-35As affected by F-NORS were restricted from performing missions for an average of 129 days last year and an average of 24 days in the first half of this year. The reason for the failure is that some problems occurred in procurement of repair accessories, and the manufacturer did not promptly procure repair accessories. In other words, the company is being investigated for being skimpy in procuring repair accessories.
The F-35A is a fifth-generation stealth fighter with a maximum speed of Mach 1.6 and a combat radius of 1,93 km, making it one of North Korea's most feared weapons, but is it practical if it has so many breakdowns? There are question marks attached to this situation.
The biggest problem is that Korea does not have the know-how to repair the F-35.The only base in Asia that can repair the F-35 is the Mitsubishi Heavy Industries factory in Aichi Prefecture, Japan. Mitsubishi Heavy Industries is a company designated as a war criminal by South Korea. I wonder if it would be difficult to repair it in Japan within Korea, or maybe I would have to take it to America.
Or will they secretly bring it to Japan? Speaking of which, Japan is currently developing the F-3 fighter jet, which is also being developed by Mitsubishi Heavy Industries. It would be impossible to purchase fighter jets from a war criminal company.
Japan will significantly increase its defense budget and advance military research. Since we do not have an alliance with South Korea, we must refrain from selling weapons to South Korea.
Lee Jae - myung, a South Korean presidential candidate, is frightened by the prosecution.An investigation battle that began before the election.
Meanwhile, Democratic Party presidential candidate Lee Jae-myung said yesterday, "If I lose this time, I will be sentenced to prison for making a crime."Lee said in a speech on the side road of Seokchon Lake in Songpa-gu, "The prosecution republic will be held.The fear of the prosecution republic is not just the sound of the wind, but the sound of the wind coming before us.It's really scary."
Lee's eldest son (29) is suspected of gambling and buying money.Lee was found guilty of violating the public election law for making false statements about his brother's forced hospitalization after the 2018 governorial election.Despite the crisis of losing his job, the Supreme Court reversed his decision.The Supreme Court justice, who acquitted at the time, was found to have been an advisor to a company involved in the Daejang-dong scandal after retirement, raising suspicions that he had an affair with an actress and a criminal record of drunk driving.
Under the Moon Jae In administration, a public investigation office was set up to separate the investigation of high-ranking government officials from the prosecution, but Moon Jae In was criticized for protecting itself by establishment this organization.Yoon criticized the prosecution for investigating Lee Jae-myung's rival, Yoon Seok-yeol, and even investigating his phone records.
Lee Jae-myung said he would be sent to prison if he lost the election, but the left-wing government wants to arrest Yoon Seok-yeol by using the Public Prosecutors' Office.
He seems to be frightened by the fear that what he is trying to do will eventually come to himself.In Korean politics, retaliation using prosecution power is common.
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?
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.
