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RE: The New Economic Environment Without The United States

in LeoFinance3 years ago

This is a whole new world you are talking about. Right now South Korea is leaning on the China side but next year is elections. More than half the country wants to keep the US presence, but a strong minority wants the US out.


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I somewhat get it when the election comes every one does the thing they say they won't

Hahaha... expect the unexpected.


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yeah I, unfortunately, have politicians like them in my country too

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That will be an interesting scenario.

The problem for South Korea is they are also a major exporter so the odds of them siding with another exporter over the larger consumer market is a tough one to see.

Plus that would also mean going against the Japanese. I am not sure that is a wise move in that region.

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The South Korean government has been doing some unwise things recently.

https://www.scmp.com/week-asia/politics/article/3118152/moon-jae-says-south-korea-will-not-take-sides-us-china-rivalry

https://www.reuters.com/world/asia-pacific/japans-suga-skoreas-moon-hold-first-summit-meeting-friday-yomiuri-2021-07-18/

However this past week the welcoming of political refugees has gained the President some favor. It's hard to tell, but I think South Korea could go either way. I feel the clam before the storm.


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