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Debt is the time bomb in Korea
送交者: usezguy 2016月08月10日01:43:08 于 [世界军事论坛] 发送悄悄话
回  答: 不同意全面制裁韩国,但如果做的话,20%足够让它痛苦至极。 汉唐 于 2016-08-10 00:19:33

South Korea economy has a key weakness:  very high debt leverage. It is higher than what US was before 2008 crisis, according to the McKinsey report. The debt continue to climb high, not at the brink of collapse, but highly vulnerable. It is fine if the economy grows faster than debt increase. But, when the music stops, watch out.


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