Submitted by taafbawl t3_ygatp6 in wallstreetbets
Comments
taafbawl OP t1_iu7rvru wrote
The Korean crisis is a result of China economic collapse: Change my mind
Educational-Tone2074 t1_iu7tcwj wrote
Things are definitely worse in China than they are letting on. No doubt Korea is exposed to that.
HoiPolloiAhloi t1_iu7vvvm wrote
Korea economy has been in a slow down since 2015s, early indications are their youth and graduate unemployment rate which is high for an advanced OECD country
EmerickMage t1_iu7whsn wrote
So when yields of bonds go " sky high" is that because investors are dumping bonds because they don't believe the issuer will be able to keep paying th bond patmyments?
MyPeePeeReversed t1_iu8hgom wrote
Yep
Ashpro2000 t1_iua10m5 wrote
Puts on korea?
VisualMod t1_iu7rg37 wrote
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[deleted] t1_iu7riqe wrote
[removed]
[deleted] t1_iu9h16n wrote
[removed]
somo1230 t1_iu88ez2 wrote
Never liked people from that country,,, so yeah What ever
VisualMod t1_iu7rgiu wrote
>The Korean credit crisis is a direct result of the country's high levels of inequality. The rich have gotten richer while the poor have been left behind. This has led to a situation where the middle class is now struggling to make ends meet. The Korean government needs to take action to address this issue or else they will continue to face economic problems down the road.