Learned two new things from this video . 1. Drake is 37 . 2. Brad pitt is 60.

In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.

Recent videos: How China, Japan, and South Korea's economy is collapsing Thailand: *sweating intensifies

This channel: China is collapsing, Japan is collapsing, Korea is collapsing. Me: when is this channel going to collapse?

When a country's population is collapsing on its own, and yet the economy is merely stagnating, you know they have been trying their hardest. Situation with SK is even more acute that what Japan faced before, Japan's population decline is a lot less steep and over many years, SK is going into a death spiral in comparison.

RIP Drake. Can't believe it's not illegal to murder someone with a diss track.

Drake Dead at 37 is a funny diss from the TLDR team, i love it.

FYI - Park is the family name not Hee. If you are trying to use his given name it is Chung Hee.

i personally think that after achieving a high gdp per capita stagnation is an inevitable, and if they can maintain those levels, its good enough

1:10 nice to see a deadbeat father here lol

If the population is collapsing, but GDP is merely stagnating, isn’t that a win?

This is just natural, you can not grow very fast for ever, Japan has slowed down, now Korea and China too, however it’s NOT collapsing as western media exaggerated.

DRAKE taking Losses even in this video haha

Brad Pitt is 60 years old? 😱

This general was an example of “The best leader is a good autocrat”

FUN FACT OECD raises S. Korea's economic growth rate for 2024 to 2.6% China 4.9% Korea 2.6% United States 2.6% Australia 1.5% Canada 1% France 0.7% Italy 0.7% Japan 0.5% UK 0.4% Germany 0.2%

Because they don’t have any babies and are running out of workers.

Using his logic, SK’s success was due to lack of Chinese competition back then 😂. This’s a dim witted channel.

2:38 the pronunciation of Hyundai and Chebol as ''Hi-on-die" & "Chay-ball" 😂😂😂

Korea's GDP growth for the 1st Qtr of 2024 just came out last week. It skyrocketed to 1.3% QoQ Growth... How is that stagnating? Infact, OECD just raised its gdp growth for Korea to 2.6% few days ago, which is faster even than the US.

Must be nice to live in a country where 2% growth is a crisis.

BBLDRIZZY reference😂

Focussing on South Korea's economic stagnation is like concentrating on Australia's unique cuisine: it seems to miss the point (yes, it is stagnating but so are almost all other developed countries). As an American who looks at a lot of economic data, I've always wondered why South Korea's economic success is the outlier. Look at, Thailand, Mexico, Brazil, Chile -- and maybe even China. There is something very unique in this small, very politically and socially conservative country that can't be exported to other countries. What it is, I don't know.

Chaebol is just another term of cronyism

Very interesting video!😊

Every facet of life in SK is stressful. Why don’t they fix that instead of trying to bail out Daewoo for the 50th time?

Didn't expect that Drake mention, briliant

In most East Asian names, the family name comes first, followed by the given names. This applies to Korean names. So, Park is the family name, and Chung-hee are the given names.

Thats nice and all but have you heard the new Kendrick diss? He was hidding a second child💀

What is the "splays" sector?

How is The Netherlands a larger exporter than Japan?! This list has got to be counting re-exports and goods shipped through a country. Hong Kong doesn't actually produce much of anything, but it is a massively important port.

I heard China is limiting the number of K-dramas and other Korean media in the country as well.

When you're at your highest,You will have the longest fall.

This is hilarious in the context of last week's 1Q GDP report from Korea. It beat all expected analyst predictions and the experts are struggling to explain why the economy is doing so well. It's a rich country and it's economy is doing well in comparison to other rich countries; and comparing it to poorer countries, including its own past, is absurd. This honestly feels like a doomer clickbait video.

They should pursue more expansionary fiscal policies. They need to shift toward supporting domestic demand

6:43 "South Korea is starting to look quite a lot like Japan". And the next video in my playlist is "Why Japan's Economy is Finally Growing Again" from "The invisible Hand" 😁

I am watching this channel from Africa and I applaud you guys for consistently trying to present the news instead of propaganda. You guys and the guy in "Warographics'' are the closest thing to unbiased news reporting especially when the mainstream media is too full of propaganda sprinkled with a little truth. Respect.

I am proud to be Korean. I still can't believe that this small country with no resources is located gdp list between giant country and former Imperial countries.

Very small pointer - Park is the surname, so to refer to Park Chunghee as "Hee" is very strange to hear It's like when people refer to Kim Jungun as Kim Jung 😅

How much did SK make from Physical 100? And when is Season 3?

May be its simple problem of overcapacity!

South korea just posted the second highest economic growth in the world after the US of 2.8% according to IMF and world bank.🤷🏼‍♂️

I think we should better worry about euro zone and japan according to OECD.

So many problems.

One news story on South Korea's demographic crisis said that the country's fertility rate statistic as bad as it is masks the fact that the fertility rate in Seoul is even lower than the rate for the country as a whole. Seoul has about half of the country's population and I believe has a fertility rate of only 0.5 or so vs 0.72 or so for the country as a whole. People living in cites have fewer children, especially if rents and real estate are expensive and especially if a lot of people live in apartments as opposed to in houses. Apparently rents and real estate are expensive in Seoul snd a lot of people live in apartments. I'm guessing that increased urbanization is one of the factors leading to decreased fertility rates around the world.

The extreme low fertility rate in South Korea is the most urgent social problem it faces. Most South Koreans put the low fertility rate as a bigger threat to the future of its existence than the threat from North Korea. In fact the Seoul area recently broke the record of having 0.65 fertility rate. It's a very urgent social problem.

Actual experience any native english speaker will go through trying to teach english in south korea: the teacher will be given two employment contracts, one in english and one in korean. The native english speaker is asked to read and sign the contract "now" in the recruitment office. No, you cannot run it by a lawyer first. The english version of the contract says "this version is for translation purposes only and is not binding. Only the korean version will be enforcable". As they target teachers who don't speak korean, who knows what the korean version of the contract says. Oh, I can tell you: 6 month trial periods where the company can fire the teacher with no notice for no reason and not have to pay out *any* benefits.

South korea can juat pivot to weapons making, it dosent take a young guy to move a tank turret with an indoor crane you dont need a young guy to operate a cnc machine, south korea has shown it can easily pivot with samsung already making warships

watch the gdp decrease and gpd per capita increase soon XD

India had 27 life expectancy during British colonialism 27

Next video: Why is every economy in crisis?

It’s a shame South Korea didn’t just do Hong Kong’s thing of mostly laissez-faire and abstaining from industrial policy.

You don't need to always grow, grow and grow. If the economy is standing still, then it is fine. And ageing is not a problem when automation is a thing.

Lol Drake isn't 37, hes 7

Every raw material shipped in means time & resources; Every finished product outgoing means shipping cost & time. Add it up both ways and you have a time/shipping sensitive economy. Too Long Did Not Read ? Lets all learn how to . . .git 2 the point; cheers

SK shipyards are having record breaking profits year on year, their is a lot of money coming into the nation but it's even more concentrated than the zaibatsus that controlled Japan. There's a reason dystopian works like Squid Games emphasize so much the extreme wealth inequalities.

Korean car brands and appliances are also struggling it seems....only Samsung doing well

It's all oil

South Korea has been in RCEP for a few years and I think continued membership will force reform of the chaebol. They will have to raise productivity or go bust and the government won't allow them to go bust

The reasons why South Korea is stagnating are reasonable. P.S: I created a video about one more major problem of South Korea - depression.

Nations ovr reliance of exports will eventually go down need of the day is consumption based balanced economy , on top these nations subsidise the exports , barely making any profits , these r against immigration , which means the aging people r a heavy burden not being replaced by able bodied people who can fund the retirement cycle , most asian nations r caught in this vicious cycle.

They should have work harder.

I love the idea of a Korean saying "we're all skint lads".

Korea will be fine. They are going the same route as japan, importing migrant workers from SEA region to prop up the aging workforce. Their pay is 4 to 5 times higher than what they could earn at home, so its a win-win deal

Korea was able to achieve rapid growth thanks to all-in economic growth, but now that it has become an advanced country, it is experiencing various social problems due to the lack of labor rights and insurfficient welfare of the weak. I think this can be the answer to the slowdown in our economy.

add the population problem and political crisis well

The growth rate for developed countries is about 2-3%. The real question is, can they maintain that growth?

Cause it’s allied with the US

Please make a new video on Turkey's economic crisis. Is there any possibilities that Turkish economy will collapse by end of this decade????? Let us know 🙂

Japan doesn't have housing crisis btw

Japan is out of the economic funk!

Not realising us is the next potential candidate to fall down economically.

East Asias China Japan and Korea are facing the same difficulties, aging and shrinking population, low birthrate, low happiness and high social stress, highly overlapped industry.

Mmmmmmm!!! The "STENCH OF STAGNATION!!!"

After watching Parasite movie, this was not a surprised. Just fulfilled prophecy

Daewoo Samsung LG Hyundai Unfortunately Daewoo didn't survive

As Professor Michael Pettis, a nonresident senior fellow at the Carnegie Endowment for International Peace, often explains, countries like China and South Korea do not have an export-driven model; rather, what they have is an investment-driven model, which in turn naturally results in an export-driven model. This particular strategy of investment-driven growth is not new. The United States adopted it in the 1920s, the Soviet Union did so in the 1950s, and the Japanese did so in the 1970s to 80s. Primarily, the way that this works is that the country adopts a policy of suppressing wages through a weak currency (this is done by cycling trade surpluses into investments rather than imports, thereby creating a demand for the investment currency, usually US dollars, and an increase in the supply of the foreign currency), capital controls that force capital to stay within the country thereby giving business and government access to capital, and other direct and indirect subsidies to industry. Of course, this strategy is not free. It is a transfer of wealth from one sector of the economy within the country to another sector of the economy. Currency depreciation hurts importers, which are usually households, and helps exporters, which are usually businesses that engage in manufacturing. Capital controls and other interventions in the financial sector that artificially decrease the interest rate that depositors can receive and lenders can give out is a transfer of wealth from savers to borrowers, which tend to be governments and businesses. Of course, by definition, if a country runs a trade surplus, some other country must run a trade deficit. In the global economy, the overwhelming country that runs a trade deficit is the United States because it is one of the few countries that has the ability to run the trade deficits that trade surplus countries force other countries to run because of their weak domestic demand that results from the suppression of wages. The United States has relatively open capital markets, good governance, good legal structures, and a deep and liquid financial market, making the US the primary target of investment from countries that run a trade surplus. Naturally, this has an impact on the United States. The United States and all other countries that run large trade deficits have one of three options: (1) they could let unemployment rise as domestic industries are destroyed, leading to workers being fired, inducing a negative savings rate domestically; (2) encourage household debt, which increases faster than increases in productivity suggest; (3) increase fiscal deficit. Most governments don't like option number (1), so options number (2) and (3) are what usually happen. However, this model only works insofar as all the major countries that run trade deficits, such as the United States, Canada, Australia, and the UK, are willing to accept the trade surpluses of countries like China, South Korea, Japan, and Germany. If trade deficit countries were to decide that enough was enough, it would result in an increase in the prices of goods from abroad becoming more expensive, however, in the long run, employment would likely increase as production increases domestically, but for trade surplus countries, it would result in unemployment as there would be an imbalance between the supply and demand within the economy, forcing trade surplus countries to recalibrate their economy, such that domestic consumption realigns with domestic production, which is a much more difficult task. In general, trade deficit countries are waking up to this realization and are becoming more protectionist. These countries are realizing that free trade is not necessarily fair trade. For more information: kzfaq.info/get/bejne/rbKapdZ-zJ3Gfps.html (An interview with Micheal Pettis)

Does stagnation smell bad?

When top companies fail, governments should instead reinvest money into new government projects to sustain jobs. I understand that they obviously won't all be in the same field, but it will alleviate the job market enough. I'm tired of seeing countries spend most of their tax money on bailing out failed businesses. The money is better invested in creating government jobs so there is still room for the free market to compete and come up with more successful businesses. This practice of reviving useless businesses is what's killing economies. There's no room for competition. If you want to spend billions or trillions of dollars, put it towards somewhere useful. Even consider spending it as a stimulus for the people laid off while they look for new work. 90% of all businesses fail. There's no reason why we should be investing most of our money into reviving them.

As a Korean, it is true that the Korean economy is not growing as fast as it used to, at 10% per year. However, no matter how slow its economic growth, it continues to grow each year at a faster rate than major European countries. don't worry

the lost decade of korea

US policy in 90s or WTO is the root of the problem

You left out the billions of dollars in aid following the Korean war

There is one thing I don’t understand. What do European nation do differently from Japan and Korea to stay afloat?

I've been living in South Korea for almost a decade and I witness that people are fed up with far right politicians. I guess people often forget that South Korea's is traditionally a very right wing society due to military culture seeping into civilian aspects of life. So, even the most pro-socialist South Korean legislative candidate is a moderate right wing from an American perspective. It's never a good idea to view South Korea with a very Americanized or western political point of view.

They need to reunification, but they must sweep away Kim's dinasty first

Two percent growth for a developed economy is crisis now days?

When you gonna explain economic crisis of UK 😂

KZfaq algorithm

There is nothing wrong with stagnation!

Same reason every other country is. Humanity is rotten.

Because BTS is in the military, duhh!

All big export-driven economies (SK, Japan, Germany, China, etc) are suffering with the increase in protectionism from deficit countries (due to China overdoing the export game)

3:34 The IMF destroyed the Korean middle class. Or, more realistically, the Korean government told the middle class that their patriotic duty was to pay off the debt.

fact check: Korea doesnt have the lowest birth rate. Ukraine does

having high IQ helps

As a Korean man who is very concerned about his country, I intently listened to TLDR's analysis eagerly waiting to find out what their suggestion is for us. A somewhat anti-climax that it was watching Imprint. But hey, there's an old Korean saying: "What you learn, what you earn."

CES

Id say the multiple zombie outbreaks has been a contributing factor. Loads of Zombies in South Korea.

Solution: Bring BTS back 😂😂😂😂😂😂😂❤❤❤❤