As predicted in our previous postings, South Korea economy will suffer when it wants to install THAAD system. The economic impacts will materialise this year.
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Singapore Macro Strategist
- Eric Ho
- A pundit of the third realm, a sapient, unflappable and nonpareil homosapien, with monumental fortitude and tremendous tenacity, one who has been through the vicissitudes of life, and has mastered great dexterity and virtuosity to discern between verisimilitude and actual reality.
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3 comments:
https://www.bloomberg.com/news/articles/2017-02-07/near-1-000-debt-level-to-worsen-for-korean-air-as-won-seen-weak?cmpid=yhoo.headline&yptr=yahoo
Korean airline may go bankrupt after hanjin shipper because China is restricting Korea air right.
https://sg.news.yahoo.com/china-halts-construction-major-lotte-project-amid-thaad-080549521--finance.html
China is taking actions against Korean companies now.
http://www.reuters.com/article/us-southkorea-china-idUSKBN15Q042
Another action by China.
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