Finance

Korean GDP growth was 6.4%/y for 50 years until 2022, but down to 2.1%/y in 2020s.Due to low birthrate down to 0.7, population is expected to 1/2 in 30 years.Policy fails due to nationwide preference to leftwing agenda.Few globally competent companies leave the country.
Financial Times, on Apr 22, 2024, reported that South Korean economic miracle …

When an expectation for future is shared, market reflects it immediatelyUS Fed hints to lower interest rates in March, which is already reflected in pricesBitcoin prices also rely on people’s belief on speculative demands
The US Fed determines the base interest rate approximately once every 1.5 months, eight times a year. There is no reason for …