Business
What Can We Learn From South Korea’s Credit Crisis?
Announcement of debt default by developer of Legoland Korea in September triggered the most severe credit market meltdown in Korea since the global financial crisis. What lessons did South Korean policy makers and government officials learn? Kathleen Hays reports from Seoul.
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@fffwe3876
January 17, 2024 at 12:40 pm
2:30 dog meat market
@mxk6104
January 17, 2024 at 12:40 pm
Just like the 90's!!
@songdorabbit
January 17, 2024 at 12:40 pm
Even if the former mayor pushed for the wrong business, the current mayor should not have ruined the economy in this way
As a result, Korea's bond market has collapsed and the government is rushing to tie the bond market with bank bond interest
It is a completely stupid image of local and central government
He is not only ignorant of the difference between default and moratorium, but also an incompetent legal politician in the economy