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Korea's household debt refinancing crisis due to the US economy's high growth rate of 3.5%, high wages and low unemployment The U.S. economy maintained high growth of 3.5% last year with high interest rates in the 5% range and low oil prices, and high wages and low unemployment caused a boom for American workers, deflecting predictions of an economic recession at the beginning of the year. With ..

As the US economic growth rate declined to 1.5% in the first quarter of this year from negative growth this year, Korea began hyperinflation with signs of stagflation due to an oversupply of chaebols and a command economy controlled by unions. On the 26th, the Bank of Korea lowered the economic growth rate for this year to 2.7%, down 0.3%p from the previous 3.0%, and increased the consumer price..