Kim Dong-yeon "No Time for Currency Shock... Punishing the Chief of Insurrection and Normalizing the Constitutional Court Is the Only Way to Survive"
Gyeonggi Province Governor Kim Dong-yeon issued a stern warning that only the punishment of the ringleaders of the insurrection and the normalization of the Constitutional Court can rescue the South Korean economy from the exchange rate shock.
On the 27th, Governor Kim posted on his social media (SNS), stating, "There is no more time to hesitate regarding the exchange rate shock," and pointed out, "The won-dollar exchange rate once rose to 1,480 won."
He continued, "This is the highest level in 15 years and 9 months since March 16, 2009, when it was 1,488.0 won," and claimed, "It surged by about 70 won since the December 3 insurrection (1,402.9 won). This is due to the ongoing insurrection, the so-called 'insurrection risk.'"
In particular, he emphasized, "I sternly warn the People Power Party and the Cabinet members," and stated, "Turning the punishment of the insurrection ringleaders, the normalization of the Constitutional Court, and the impeachment of the acting president into political strife will become an economic insurrection crime that ruins the Korean economy."
Hot Picks Today
"Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Not Jealous of Winning the Lottery"... Entire Village Stunned as 200 Million Won Jackpot of Wild Ginseng Cluster Discovered at Jirisan
- Bull Market End Signal? Securities Firm Warns: "Sell SK hynix 'At This Moment'"
- "How Did an Employee Who Loved Samsung End Up Like This?"... Past Video of Samsung Electronics Union Chairman Resurfaces
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
Furthermore, he advised, "There really is no more time now," and said, "Only the immediate arrest of the insurrection ringleaders and the swift impeachment trial following the normalization of the Constitutional Court can resolve uncertainty and revive the economy."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.