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Parent Post: If you ever wonder how you're being swindled, this will help. Warning: This is too much truth for most
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In Reply To
rick
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8/13/2025, 5:37:57 PM
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Good point. I am guessing that the ROK must be far less corrupt.
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hyokkim
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8/13/2025, 6:56:36 PM
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No, on the contrary, ROK is just as corrupt as U.S./Mexico/China/Japan/Russia/Ukraine, etc. The difference is the electorate: ROK does not have the best government employees in the world, but they are kept on their toes by the electorate, to behave. ROK does have the best electorate in the world: Intelligent, courageous, objective, and self-critical. Fuck sacredcow. They have the raw drive of the British soccer hooligans from 80s, but with the brain of the Greek philosophers, and the discipline of the Roman Legions. https://www.voanews.com/a/the-troubled-history-of-south-korean-presidents/7888069.html https://www.officeholidays.com/holidays/south-korea/south-korea-presidential-election-day It's a shame U.S. doesn't have election holiday. Btw. I am working on the post regarding the optimal macroeconomic monetary and fiscal policy. No, it is not gold standard at all, but totally fiat money. Gold standard is not enforceable in the long run. I believe ROK is the only country in the world, where people are forbidden to buy homes for investment/speculative purpose, but only to live full time. That's why ROK has never got into speculative bubble like China, Japan, and U.S.
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