SG Talk

The U.S. Federal Reserve hiked its key interest rate by a drastic 0.75 percentage point for the second month in a row to 2.5 percent.

This is now higher than Korea's base interest rate of 2.25 percent and inverts the usual relationship, which could prompt foreign investors to sell Korean stocks and bonds and move their money to the U.S., where they can earn better interest on it.

https://english.chosun.com/site/data/htm...01403.html

S Korea still has very strong exports although domestic debt is high it is in own currency and manageable.

Pakistan and Sri Lanka have collapses due to USD debt

(01-08-2022, 08:58 AM)sgbuffett Wrote: [ -> ]S Korea still has very strong exports although domestic debt is high it is in own currency and manageable.

Pakistan and Sri Lanka have collapses due to USD debt

The India Times disagreed with your last statement lah

https://timesofindia.indiatimes.com/worl...236949.cms

[Image: Screenshot-2022-08-01-090922.jpg]

[Image: Screenshot-2022-08-01-090922.jpg]

(01-08-2022, 09:10 AM)teaserteam Wrote: [ -> ]The India Times disagreed with your last statement lah

https://timesofindia.indiatimes.com/worl...236949.cms

China debt is like last nail in coffin with many nails.
Tye India and China media are extremely bias jn other perspective.

You have to becareful of hidden agenda from propaganda.

(01-08-2022, 08:58 AM)sgbuffett Wrote: [ -> ]S Korea still has very strong exports although domestic debt is high it is in own currency and manageable.

Pakistan and Sri Lanka have collapses due to USD debt

theold

sgbuffett

teaserteam

sgbuffett

Niubee