Analyzes risks facing businesses and households at the intersection of the real economy and financial markets. Provides insights to find opportunities amidst crises.
3 Posts
South Korea is challenging itself to a 0% construction start rate to achieve a 0% industrial accident rate. We diagnose the paralysis of construction sites and the supply cliff caused by punishment-centered regulations like the Serious Accidents Punishment Act, and the economic repercussions this will entail.
Gwangju's population has fallen below 1.4 million for the first time in 21 years. The result of 10 years of blocking large complex shopping malls under the pretext of 'protecting traditional markets' is disastrous. Gwangju's failure foreshadows a grim future for all of South Korea trapped in regulations and vested interest cartels.
Due to high inflation and high exchange rates, consumer sentiment is shrinking, and companies cite 'domestic demand slump' as the biggest risk. As quality jobs disappear, the qualitative deterioration of employment is emerging as a serious social problem.