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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. Show all posts

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 ...

Friday, February 12, 2016

Japan's Nikkei Crash 4.84%, Hong Kong's HSI Plummets 1.22% and Korea's Kosdaq Halted After 8% Crash!

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Woe to Japan's pensioners. Continuing stock market losses might just bleed Japan's Government Pension Investment Fund (GPIF) dry. ...

Tuesday, August 05, 2014

Why Asia is in Trouble: Corporate Savings Under Assault

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For the government and the mainstream, the only thing that matters for the political economy is spend, spend, spend to infinity and beyond,...

Wednesday, March 13, 2013

South Korea: Mini Skirt Regulation Provokes Outrage

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All sorts of civil restrictions seem to be cropping up from governments worldwide. In South Korea, new regulations on mini skirt, whi...

Tuesday, October 02, 2012

A Video Tale of Two Koreas

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Economic Freedom defines the difference (hat tip Art Carden at the Division of Labor ) North Korea South Korea

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