김종찬의 안보경제블로그

Bitcoin ‘$2.8 billion inflow to ETFs due to halving’ U.S. BNPL fluctuates overlapping During the ‘halving’, a period of Bitcoin supply reduction, $2.8 billion was poured into the newly launched Bitcoin exchange-traded fund (ETF), and the ‘buy first, pay later’ BNPL service, which is the ‘ghost debt’ of American households, is rapidly increasing. Bitcoin has shown a remarkable rebound over the pa..

Rising rents in the U.S. and prolonged out of control prices; exclusion of Korea's own housing costs As inflation price controls in the U.S. are prolonged and housing rents are on the rise, Korea's economic outlook is becoming more difficult as housing costs are excluded from the consumer price index. The overall consumer price index in the United States rose 3.1% from a year ago, down from 3.4%..

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 ..

China's economic deflation, demand cooling, Hong Kong stock market falling, Japan rising Chinese real estate developer Longpo Group fell 6.8% and Chinese delivery company Meituan fell 7% on the Hong Kong stock market due to signs of deflation in the Chinese economy and declining productivity of aging workers. While the U.S. stock market has been flat so far this year, the Japanese stock market i..

The Bank for International Settlements said financial risks were inherent in $65 trillion of off-balance sheet derivative debt. A report titled 'Huge, Missing and Growing' by the Bank for International Settlements (BIS) said that "lack of information is making it harder for policymakers to predict the next financial crisis". They raised concerns that the debt was not being recorded on the balanc..

Candidate Chang-yong Lee for the governor of the Bank of Korea announced on the 1st that it was a ‘sub-priority’ in consultation with the Financial Services Commission for ‘mid- and long-term’ household debt through an interest rate reversal policy in ‘support through coordination’ of government growth by maintaining low interest rates. Candidate Lee told reporters on the first day of work, "The..

The Bank of Korea's Consumer Confidence Index (CCSI) fell 1.3p MoM to 103.1 in February, while inflation expectations rose 0.1%p and the future economic outlook fell 2p MoM, showing a high-inflation and low-wage system. The Bank of Korea announced on the 22nd that in the consumer survey in February, the current living situation decreased by 1p from the previous month, and the outlook for living ..

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 ..

As more than 27 trillion won was released into the market in June, the concentration of short-term investment capital, which is concentrated in households rather than corporations, is becoming clearer. As for the money supply in June, households (non-profit) increased by 0.9% and the corporate sector increased by 0.8%, while the money supply of financial institutions decreased and MI (cash curre..

Short-term employment mobility is fixed among young people and small and medium-sized enterprises (SMEs), and temporary job growth is fixed in the 60s, showing classification. According to Statistics Korea, in 2019, 20.9% of registered workers under 30 moved within one year, 55.3% of all employed workers were short-term for less than one year, 75.5% of turnover workers were SME workers (11.1% of..