Banking crisis threatens South Korean economy - 22 Oct 2008

[MASHDOTCOM]

The reason the Korean economy suffered was because our "gold" or whatever's backing up our currency is mostly foreign currency. We're investors and wholesalers. We're like a giant bank. We make money through investment, and accumulate it. If the money that we accumulated is devalued, we go bankrupt.

United States must improve for Korea to prosper. We need have a firm control on foreign investment in our real estate market and our corporations like Hyundai and Samsung.

[785070707]

@MASHDOTCOM lol, wtf??? retard.

[MASHDOTCOM]

@785070707 Why are you stalking me? Do you have no life? Can you not google me?

[785070707]

@MASHDOTCOM  WAAAAAAAAAAAAAAAAAAAA bitch fucking cry baby. Stop stalking me, WAAAAAAAAAAAAAAAAAAAA

[JoanneRuskin]

hmm.....i smell japs here......

[ayanuhito]

i wanna learn the Korean traditional proverbs.

so that i can understand it better..

we have traditional proverbs in japan, i never

can't forget.. it says like.. "look at our own toes,

when others slipped."

these days koreans seem tougher than before..

they might have experienced so much in these ten yrs..

[ayanuhito]

"look at our own toes, when others slipped. then we can't laugh at them.." is more closer to the nuance of the original proverb.

[xxwzaebd]

Korean economy is now one of the best,leaving everything else behind. That's the irrefutable fact, as the entire world acknowledges. I see no Japanese products, only Korean products.

[charbonelle]

At one level South Korea represents a triumph of globalization over economic nationalism...less than a decade ago foreign ownership of equity in Korean companies was highly restricted. Even when the nation joined the OECD in '96, liberalization was at snail's pace. It took the Asian financial crisis and strong-arm IMF and creditor tactics to force Koreans to accept almost unrestricted foreign ownership. Source: International Herald Tribune/New York Times, article:"Who owns South Korea?"

[KYUNGILNAM]

korea economy is sound.

[Nicom47]

Korea made a faster growth than China or Japan..

South Korea was so bombarded in war

there it was in 1950s to 1960s

in which S. Korean/capita wasnt even above

$1000.00

considering Japan has/capita of $1500

in 1962..

S. Korean economy was growing 9 to 15%

Japan was only 4 to 7%

[m2flili]

korea is the worst contry i've been...the food sucks...the people sucks also..they like to cheat.

[hwabyongdisease]

Korea Ends

[Fjohnny]

get your job first looser :P

[urayasukun000]

haha FUCKING korea now WHAT ! bitch kimcheeeeeee

[redznow]

go korea..we foreigners working here believe in you.

[grapeace1]

from what I hear from other korean people talking about this crisis, Korea is merely taking ADVANTAGE of it now. lol

[MrFireAss]

Its gonna get worse, before it gets better..

BUT IT WILL GET BETTER... look at history.

[abarzilai664]

Same old song but with a different beet.

[MrFireAss]

South Korea has NOTHING to worry about, give it 6 months and this will have blown over.

[Calis86]

not really..

not with our current government

[MrFireAss]

yeah, in hindsight, that comment was made with the hopes the big 3 bailout wouldnt be politically influenced...

whats next? America stands up in front of a global audience and says "woops, sorry bout that, we fucked up..." ? Sad days for American history... sad days.