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.
When an expectation for future is shared, market reflects it immediately
US Fed hints to lower interest rates in March, which is already reflected in prices