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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label South Korea economy. Show all posts
Showing posts with label South Korea economy. Show all posts
Friday, January 26, 2018

Malaysia Raised Interest Rates, BSP Next? As South Korean Stocks Stormed to Record Highs, 4Q GDP Shrunk!

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Malaysia’s central bank, the Bank Negara Malaysia (BNM) raised policy rates for the   first time since 2014 . The reason provided ( Bloombe...
Thursday, June 09, 2016

Explaining Soros' Move: South Korea's Central Bank Panics, Chops Interest Rates to Record Lows

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And speaking of Developed Economy's NIRP and a Global ZIRP, South Korea’s Bank of Korea (BoK) just panicked, it chopped interest rates ...
Wednesday, April 01, 2015

South Korea’s Collapsing Merchandise Trade

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I’m supposed to be on a vacation, but there have simply been too many very interesting developments some of which I feel I must share. ...
Thursday, March 12, 2015

Central Bank Panic: South Korea and Thailand 'Unexpectedly' Cuts Interest Rates!

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As I have been saying here global central banks appear to be in a state of panic for them to aggressively slash interest rates. And curious...
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