>>>CCL aka REDBEAN: "Moreover, I believe the South Koreans have slowly woken up and knows what is more important to them."<<<
In 1992, when Bill Clinton was campaigning against George Bush Snr, his famous slogan was:
"It's the economy, STUPID!"
Bill Clinton went on to win in the US 1992 Nov Presidential Election.
Late last month (Jul 2026), the Korean stock market literally went into a freefall ... for that to happen, usually retail money $$$ aka individual retail investors are involved in that there was severe cascading feedback loop effect leading to massive forced liquidation. Why retail investors involved is because most, if not all the time, they are the last group to enter at the end of a bull market that is about to tank or burst ...
Though the Korean stock market has recovered about 20% to date from the late Jul 2026 lows, most retail investors probably already had their portfolios wiped out. From news reports, many are highly leveraged aka "investing with borrowed funds". With many staring at huge losses and loans, what concerned them most is how to pay back [the humongous debt] and live a normal life again... (and NOT about geopolitics etc.)
Historically, this is the same everywhere. The end game is about people (always), NOT about geopolitics etc...
Leo81
1 comment:
Retail investors are always the first to realize a ship is sinking and run like rats even before the Government says so. Of course, saying that the Government does not know it is at best just pretension. Governments will always be the last to admit, which is understandable.
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