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Deficit expansion during economic recession leads to ‘explosive reaction’ in the next recession The New York Times pointed out that if the deficit is expanded in addition to the deficit during a recession, the policy effect will be reversed in the next recession, and a vicious cycle of deficits will lead to a ‘tipping point. ’The NYT reported on the 2nd that economists warn that by increasing de..

36 trillion won in national tax revenue, 53 trillion won in fiscal deficit, 1089 trillion in national debt, and 1062 trillion won in household loans National tax revenue decreased by 36 trillion won until May, and the government debt increased by 16 trillion won from the previous month due to the fiscal deficit of 53 trillion won, reaching 1089 trillion won. With an increase of 100 billion won, ..

World Bank ‘sudden economic recession, marked slowdown in trade’ Korean media ‘upward’ The World Bank published a report of a “sudden recession” and “significant slowdown in trade” in the economy this year, but the Korean media reported mostly as “a slight increase in the global growth rate to 2.1%.” World Bank Chief Economist Indermit Gill said at a press conference on the 6th that the World Ec..

The U.S. Congressional Budget Office (CBO) announced on the 15th that it expects the U.S. economy to contract this year, with the unemployment rate soaring to 5.1% this year. The U.S. Department of Labor announced that the producer price index (PPI) rose 6.0% year-on-year and 0.7% month-on-month in January. The PPI, which represents the US wholesale price, declined by -0.2% in the previous Decem..

When the debt-economy U.S. reached its borrowing limit, conservative Republicans demanded “limiting growth,” and the White House and Democratic Party are responding with “unconditional solution-growth support.” The US government reached its borrowing limit of $31.4 trillion on the 19th amid a confrontation between the Republican-dominated House of Representatives and President Joe Biden's Democr..

The war has strengthened Ukraine's economy dependent on foreign aid from default on debt before the war and a surge in debt. Ukraine's public finances, which have been shaken the most during the 30 years of independence from Russia in the Ukraine War, are absolutely dependent on support from the United States, the European Union, individually donating European countries and other donors, with Ru..

The Yun Seok-Yeol Regime is frustrated by a growing trade deficit in the US-centered response to China's strategy to prioritize a strong dollar. The Korea Chamber of Commerce and Industry (KCCI) announced on the 9th that “increased imports of intermediate goods, reorganization of supply chains, and reduction of tariffs under the Regional Comprehensive Economic Partnership (RCEP)” were the reason..

Individual investors who bought large amounts of foreign sales to Samsung Electronics increased their dependence on foreign investment (credit transactions) and increased exposure to household debt due to negative outlook reports. The increase in household credit is explosive in the second quarter with an increase of 168.6 trillion won compared to the same period of the previous year due to the ..

Foreigners' intensive selling of semiconductors, the main driver of the Corona V rebound, has begun to signal the economic downturn. Prior to a foreign securities company's notice of a downgrade of Korean semiconductors, the DRAM spot price was $4.23 yesterday (12th), down after $4.86 on the 8th of last month. The continued decline in DRAM spot prices seems to mean that the surge in IT demand, w..

In the arms-building system of power-based peace, the core price level has strengthened and structural inflation is showing. Core prices (excluding agricultural products and petroleum products) rose 1.7% in July, representing the price trend, for the fifth consecutive month following March (1.0%), April (1.4%), May (1.5%), and June (1.5%). As the upward trend became clear, it showed a 1.8% incre..