Lee Jae-myung's Advanced Fund 50 trillion AI-related stocks plunge, Nvidia falls 5.7%
'Nazi Strategy'
Right after Lee Jae-myung's regime praised the artificial intelligence (AI) industry and announced a policy to induce ordinary people to invest 50 trillion won in advanced funds, AI-related stocks plunged in the US stock market and Nvidia fell 5.7%.
After US President Trump announced a 'one-month delay in tariffs', the S&P 500 index resumed its decline by falling 1.8% on the 6th after recovering some of the recent plunge following a slight rebound the previous day.
The Dow Jones Industrial Average fell 427 points (1%), and the Nasdaq Composite Index fell 2.6%, falling more than 10% below its December record, while 10 out of 11 sectors in the benchmark S&P 500 index closed lower, with the consumer discretionary sector recording the biggest decline.
President Trump proposed a one-month reprieve on 25% tariffs on many goods imported from Mexico and Canada, and stocks fell, especially high-tech stocks.
Marvell Technology saw its stock plunge by almost a fifth, 19.8% in a single day, despite reporting its latest quarterly results that beat analysts’ expectations.
Marvell said it expected its revenue growth for the current quarter to be more than 60% year-over-year, but investors, already accustomed to lowering expectations for AI-related companies, sold off heavily and the stocks fell sharply.
Nvidia, a leader in the AI boom, fell 5.7%, while Broadcom fell 6.3%.
Nvidia, which was considered a leading player in AI and was jointly developed by the Korean government and securities companies and enthusiastically praised by investors, soared nearly 820% from 2023 to 2024, but now critics are beginning to criticize that its stock price is too expensive compared to its performance increase.
Representative Lee Jae-myung, as the chairman of the AI Powerhouse Committee of the Democratic Party, has transformed highly capital-intensive industries into ‘capital distribution industries’ and has activated a ‘capital-intensive mobilization system by a strong leader’ by encouraging the public to support the stock market by ‘completely concealing the risk of fluctuations’, thereby displaying a Nazi strategy system.
Political parties in democratic countries attempt to seize power and unite the nation by strengthening their organizational functions to fairly inform people of risks and to protect the people from unilateral administration policies.
In times of economic recession, the conflict between the common people and the economic system shows similarities between the Nazi regime and the Democratic Party of Korea in the operation of the capitalist dictatorship and national mobilization system.
AP reported on the 7th that Nvidia's plunge was due to "critics saying that Chinese companies are facing a threat as they develop their own AI products," and "China's DeepSeek famously said that it does not need to use the industry's most expensive chips."
Unlike the U.S. stock market decline, the German stock market rallied 1.5%.
AP said of the rise in the German stock market, "It rose as the aftermath of the agreement between the two parties that will form the next government to ease the constitutional borrowing limit continued," and "This is an important turning point in Germany's budget policy and opens the way for new borrowing and spending over the next decade."
The New York Times reported on the 6th that “the stock market has recently fallen even after the Trump administration proposed to postpone tariffs on Canada and Mexico,” and that “the S&P 500 index fell 1.8%, bringing the index down to 3.6% this week, its worst week since the banking crisis two years ago that caused some domestic small lenders to fail.”
“We are starting to see economic data slowing down on the margins, and when you put all of this together, it’s not surprising that the chips are starting to fall off the table,” Jack Janasiewicz, a portfolio manager at Natixis Investment Managers Solutions, told Reuters on the 6th. “With the constant barrage of geopolitical news about tariffs being imposed and then lifted again, confidence is eroding a little bit, and it’s not surprising that sentiment is not good,” he told Reuters on the 6th. Philadelphia Federal Reserve President Patrick Harker said in a speech at the regional Fed on the 6th, “Unemployment remains low and is still growing, but there are threats to that,” and “We are beginning to see a weakening of confidence on both the consumer and business side,” Reuters reported.
Regarding inflation, Harker said, “I am concerned that inflation is at risk right now and that a downturn is at risk,” and added, “I expect price pressures to continue to retreat. However, there is increasing evidence that the consumer sector is ‘under stress,’ especially among the less wealthy.”
Democratic Party leader Lee Jae-myung said on the 3rd, “Shouldn’t we be investing in artificial intelligence (AI) now? “If some of that is held by the national fund or the state and the productivity generated from it is shared equally among all citizens, then there is no need to collect taxes,” he said. “If a company like Nvidia were created, 70% would be held by the private sector and 30% would be shared among all citizens, wouldn’t a society come where there is no need to rely on taxes?” he said. “Working hours can be shortened (with AI). And they should be shortened.”
On the 6th, Jin Seong-jun, the Democratic Party’s policy committee chairman, announced, “We will create a citizen participation fund of at least 50 trillion won targeting all economic entities, including citizens, companies, governments, and pension funds, and invest it intensively in stocks and bonds issued by domestic advanced strategic industry companies.”
Lee mentioned ‘KOSPI Index 5,000’ in his presidential campaign pledge last year, and at the Supreme Council on the 17th of last month, he announced his ‘stock market support takeover strategy’ by saying, “If the Democratic Party takes power, the KOSPI index will hit the 3,000 range without any special changes.”
The Democratic Party then immediately announced a policy of ‘raising a 50 trillion won fund’, showing a typical example of an extreme Nazi strategy regime.
At a New Year’s press conference at the National Assembly on January 23, Lee said, “We must change our constitution to a society where the people trust and invest in innovative companies, and a society where the capital market has greater investment appeal than real estate. He said, "Advancing and activating the stock market is the easiest way to make the people rich."
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