김종찬의 안보경제블로그

A diagnosis has been made that the Asian currency crisis is likely if the won falls to 150 yen per dollar, depending on the strong dollar system in the case of a sharp decline in the yuan and yen. On the 28th, a strategist at Macquarie Capital in Hong Kong announced that the Korean won and the Philippine peso were the “weakest currencies” with a deficit account. Despite large dollar reserves, “t..

The national debt reached 2196 trillion won in the twin deficits, which overlapped the deficit and the trade deficit. The trade balance in March was a deficit of 140 million dollars (170.4 billion won), and it returned from a surplus of 831 million dollars in February to a consecutive deficit in December of last year (426 million dollars) and this January (4.73 billion dollars). back to a loss s..

The United States and Europe are targeting 40% of Russia's central bank's reserves and China, which holds 14% of Russia's foreign exchange reserves, has begun cooperating with Russia in a Western attack. In a statement on the 28th, the European Central Bank (ECB) announced that the Austrian subsidiary bank of Zverbank, Russia's largest bank, may be bankrupt due to a deposit outflow. The Central ..

Regarding the Moon Jae-in administration's military augmentation, a US diplomatic magazine, in 'Why South Korea's Liberals Are Defense Hawks', said, "We requested the US to transfer nuclear submarine technology, and the next president will also have nuclear weapons in some form. We will pursue the weaponization of technology.” Foreign Police said, “President Moon Jae-in increased his defense bud..

President Moon Jae-in surged 50% from the previous government's budget of 400.5 trillion won in 2017 to 604 trillion won in the next five years, fixing the fiscal deficit system of 8% annual fiscal, 6% military increase, and 4% economic growth rate. The aggressive tax increase is a 19.8% increase from this year's main budget national tax of 285 trillion won, as national tax revenue is 338.6 tril..

The Korean government selected the world's second largest growth rate to 70% of GDP in 2026 by expanding its national debt to the IMF even after the coronavirus. From 2020 to 2026, when the IMF'Financial Monitor' shows the post-corona economy, the increase in the national debt-to-GDP ratio of 35 advanced countries in the IMF averaged 1%P, but Korea reported on the 7th that it rose 21%P in 5 year..

Contrary to last year's estimate of -3% of GDP by the OECD due to the rapid increase in fiscal deficit, the combined fiscal budget was -3.7%, and the real fiscal deficit was doubled to -5.9%, which was the worst. As the national debt surged 17% (123.7 trillion won) last year to 846 trillion won, the government put the average of the past 10 years ahead, saying, “The increase rate of government d..

It increased from 98% of vehicle semiconductor imports, and the export economy pattern driven by the state debt appeared for the second year due to the investment of 200 billion won in finances. In the export economy driven by the increase in national debt, semiconductor exports increased 25.2% compared to March 10 last year, and semiconductor imports increased 22.8%, resulting in a trade defici..

As the interest burden of the fiscal deficit increases due to the surge in the interest rate of the US Treasury bond, it has begun to show a telephoto effect of increasing the amplitude of the sharp fluctuation. The government prepared for interest expenses of KRW 20 trillion by adding a maximum interest rate of 2.4% to the issuance of an additional KRW 100 trillion in deficit treasury bonds thi..