Chapter 889 – Perfect Storm
Stock market.
It is not only a company’s fundamentals that affect its stock price.
“No, what kind of politics have you been doing?”
Political factors play a big role.
Sometimes the belly button is bigger than the stomach.
‘Doing business in that country.’
It is about winning business rights.
In the distant past, permission was obtained from the king or lord.
Actually nobles.
He accumulated enormous wealth based on monopoly rights in certain industries.
“Korea is in complete chaos? They say foreigners are immigrating.”
“It’s a process you have to go through at least once.”
It continues even in modern times.
There are some projects that require the government to give permission.
‘Collusion between politics and business.’
This is why it cannot avoid happening.
It means that there is nothing bad about getting along well.
“I was worried about the low birth rate these days, but I’m glad that something is being resolved.”
It is also meaningful in terms of national development.
Rather than a non-profit interest group.
‘I’m sure I’m the one doing it.’
A little self-interest.
It is trivial when viewed from the perspective of large organizations such as countries and companies.
“Then you gave birth.”
“It’s still a little scary.”
“It’s a hip that gives birth just like pooping.”
“$*&$#^#@!”
Low birth rate.
It was a structural problem.
Some interest groups are trying hard to stop it.
Once you solve that, the rest is just a matter of time.
The influx of immigrants also gives wings.
“Well… It’s not that I don’t like it. I guess work is a bit busy right now.”
Sora, who has a hip that looks like she could have given birth to five people, is not giving birth.
It is the cause of low birth rate.
‘The country is like this because we are not giving birth to a body that stimulates the birth rate.’
This is something that is truly deplorable.
It was true that he was doing his own thing.
“What are you doing?”
“The Fed’s Big Step is over. Dxy is going down, so we need to diversify our portfolio.”
Recent stock market.
The main issue is, of course, the interest rate increase.
Although the Powell Show was popular.
Korean Newspaper− 「US Federal Reserve raises interest rates by 0.25%P… ‘Baby Step’ in 11 months”
Fact News− “Powell’s hint… Interest rate hike, the end is now in sight”
It has also reached its end.
The maximum interest rate increase is beginning to appear.
‘If that happens.’
The market sees something different.
One of them is the weakening of the dollar.
It has risen enough.
The US dollar index (dxy) rose above 110.
“Although it already included emerging market stock markets… There are factors to consider, such as foreign exchange hedging.”
Isn’t all that left to do now is to go down?
It also affects portfolio composition.
Exchange rate as Sora said.
An environment is created where one can care less about it.
“So?”
“I’m also considering Japan. What do you think of Japan?”
“Can’t we do Joseon instead of Goryeo?”
“Stop fucking with me.”
This is an important part.
This is because a lot of changes depending on the exchange rate.
‘If the country’s exchange rate is strong.’
Foreign investors are flocking.
Domestic economy is also revitalized.
The country develops.
That anticipation.
It is reflected in the stock index.
This is why KOSPI went to Mars in 2021.
“Japan’s stock market is pretty hot right now, right? If you add the strong exchange rate to that, I think something will really happen…”
The same thing may happen.
Sora’s perspective cannot be said to be wrong.
But the market.
Things in the world.
It just doesn’t go as expected.
“What do you want to buy?”
“I see that the delivery industry in Japan is not yet developed. Isn’t there an opportunity for investment?”
Variable.
It definitely exists.
The fact that it is not our country.
‘It’s not enough to think about it a hundred times more.’
Sora is so excited that it’s worth talking about.
If you just listen, the investment was very successful.
“Even in our country, the delivery market wasn’t this big even five years ago. I thought there might be a similar opportunity in Japan.”
It seems plausible.
There is definitely logic.
Wouldn’t the future be bright?
It is understandable to think that way.
That’s what Koreans think.
“Have you been to Japan?”
“Of course I went. I’ve been to Fukuoka, Osaka, and Kyoto.”
“It’s a trip.”
This is not the case locally.
In order for the delivery industry to develop.
‘In the first place, labor costs should be very low.’
China, Vietnam, Thailand, etc.
This is a country where labor costs are almost non-existent.
It became an issue at one time in Korea as well.
Does it make sense to pay a delivery fee and order it?
“In Korea, they just order things well, right?”
“It’s because you don’t know the industry’s efforts to make that happen.”
It existed even before that.
Delivery.
The idea of it being a kind of luxury.
‘Even at a Chinese restaurant.’
I ordered it when moving or for special occasions.
It was rather natural.
“If you ask your parents to order food for delivery, they say, ‘Why don’t you order something?’ It’s a waste of time. This kind of reaction is still prevalent in Japan.”
It went through changes.
Little by little, it has become a part of everyday life.
It has become natural to eat chicken.
In particular, the Corona period was crucial.
A culture of ordering food other than chicken and pig’s feet.
“There are many alternative systems.”
“Replacement system?”
“When you go to Japan, you go to convenience stores. There are so many things to eat.”
“Oh, I’ve been there too.”
It is more difficult to settle down.
Japanese food culture.
Unlike Korea, fresh food is the main product.
‘There is no side dish culture.’
I eat it from time to time.
The Japanese restaurant industry also developed accordingly.
Convenience stores, lunch boxes, local supermarkets, etc.
You can eat cheaply for less than 500 yen.
“Fresh food cannot be stored for a long time, so it goes on sale every night. It is not easy to compete with places like that.”
30% off if you go to Dulmart at 8pm!
It is much more common.
You can eat tuna sushi for 500 yen.
If you order through delivery, you have to pay 2,000 yen more.
“Korea’s cheap delivery is the result of a combination of social consensus, economies of scale, and competition between platforms. Japan has nothing yet.”
“Hmm…”
This is the background that prevents Japan’s delivery industry from growing.
Although there was once a lot of anticipation.
—————————–±
『Lee Yingkai』
489 yen ▼3,486 yen (-87.69%)
[Graph sloping downward from the high point of 2020. Jpg]
±——————————————–
Stock prices don’t lie.
There is a reason why they continue to tease you.
The reason Koreans don’t know.
‘Catch the falling blade.’
The hair and hair are flying away.
This is especially true considering Japan’s current economic situation.
“Japanese companies are growing, not because Japanese people’s spending power is increasing.”
“Really?”
“Japanese politicians don’t think about the common people at all.”
They don’t care one bit about the common people.
I have no desire to change the social structure.
‘To change that.’
Fundamental change is needed.
It is not enough to invest in a company.
You have to jump in yourself.
“So you’re even involved in politics?”
“If it’s not that bad, it’s a country that doesn’t change.”
The impact of politics on the economy cannot be ignored
In some cases, the belly button is larger than the stomach.
Overseas investment.
Must be considered.
All sorts of things happen even within one country.
‘Even in Korea and Japan.’
In that country, there are circumstances of that country.
Things that cannot be known by general thinking.
“We definitely need to consider more aspects when evaluating value. The culture and industry will be fundamentally different.”
“And here in America too.”
“?”
Reasons that go beyond common sense.
There is an inside story.
It is inevitable.
‘Because it has something to do with politics.’
There is a need to see through the thoughts of the higher-ups.
It is one of the forces that move the world.
“The air currents will soon change.”
An unprecedented event is unfolding that will redefine wealth around the world.
* * *
Economy.
It is not just the deterioration of the stock market and the real economy that is brought about by high interest rates and high inflation.
Korean Newspaper− “Credit Suisse had a net loss of KRW 10 trillion last year… “Possibility of deficit this year”
Fact News− “Credit Suisse crisis rumor… ‘Super rich withdraw 90 trillion won in 43 days’
Daily News− 「’Canary in the coal mine’… “CDS premium for early warning of risks”
The hardening of the pork vein is at stake.
There is no money in the bank.
No, a situation where you can’t move.
“The situation of banks is serious now.”
“It’s not strange to me if one or two places become wealthy.”
“I said it all just by looking at the CDS premium.”
Wall Street was already aware of the situation.
It has been going on since last year.
—————————–±
『Italian CDS 5-year』
158.13＄ ▲67.86 (+75.17%)
[Graph of the number of coronavirus cases rising to ⅔. Jpg]
±——————————————–
CDS Premium.
It is a visible indicator showing signs of bankruptcy.
It soared.
Some countries in Europe were really dangerous.
But when you realize it’s a crisis.
‘Not anymore.’
There is bound to be a response.
Italy, which was the most unstable, has also returned to stability.
“Same goes for Credit Suisse.”
“It was big that Bin Salman gave the loan.”
“Now is the time to buy stocks.”
The market can be reassured.
Big and small events.
I sprayed a fire extinguisher before it exploded.
It was fully reflected in the stock price.
Now is the time to invest in risky assets.
Market consensus.
It is natural to gather.
You can’t be afraid forever.
Weeeing~
Time tends to dilute it.
It blurs the eyes looking at the essence of the situation.
A rare two years in which not a single one of the 5,000 banks in the U.S. Went bankrupt.
You don’t notice the calm just before the typhoon.
“Yes, yes… Yes, yes?! Silicon Valley Bank went bankrupt!?”
A perfect storm is coming that will cover the United States, and indeed the entire world.
