Lee Jae-myung‘s government has issued up to $3 billion (approximately 4.2 trillion won) in foreign exchange bonds since 2009, claiming to “stabilize the foreign exchange rate,” but in the end it will be a debt to future generations.
“The Republic of Korea’s economy is currently collapsing. We are passing the burden on to future generations through endless financial expansion!”
| Entered: 2026/02/09 [11:58] Pro-China, pro-North Korea leftist Lee Jae-myung governmentagain issued large-scale foreign currency bonds. On the 5th, $3 billion (approximately 4.2 trillion won ) amount of dollar-denominated foreign exchange equalization fund bonds (foreign exchange equalization bonds) was issued, which is the largest single issuance since 2009. Although the government emphasized “successful issuance,” the reality felt by the public is different.
Ultimately, it is a debt.
And that debt is not today’s political circles. The people of tomorrow, that is, future generations, will pay the price.
▲ “The Korean economy is currently collapsing. We are passing the burden on to future generations through endless financial expansion!” ©Seoul Arts Center
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This foreign exchange bond was issued in two amounts: $1 billion with a three-year maturity and $2 billion with a five-year maturity. The issuance interest rate is 3.683% for 3-year notes and 3.915% for 5-year notes. The Ministry of Finance and Economy emphasized that the additional interest rate compared to U.S. Treasury bonds is only about 10 basis points, and said, “The external credit rating of Korean government bonds is the highest in the world.”
However, there is only one thing the public wants to ask.
“So why is the government taking on debt again now?”
The government explained that it had preemptively expanded foreign exchange reserves, citing geopolitical tensions, tariff issues, and increasing external uncertainty as reasons. On the surface, it is packaged as a “foreign exchange market safety valve.” However, if you think about it, increasing debt due to uncertainty is a very familiar repertoire.
In particular, this scene, which is repeated even when the regime changes, teaches us a painful lesson.
The government always talks about ‘market stability,’ but passes the costs on to the people.
A more serious problem is that the government is packaging this process as an “achievement.” The explanation continued that the Korea discount has been resolved because the additional interest rate is low. Of course, from an investor’s perspective, good conditions for Korean products can be positive. However, that does not mean that the national financial management is justified.
Before boasting about being a national leader, we must first think about returning the debt to the people.
The issuance of foreign exchange bonds is not a simple financial event.
It is a policy decision in which the country procures foreign currency and transfers the obligation to repay it to the people. The government stated, “We have early secured financial resources to repay foreign exchange bonds maturing in September and October of this year,” but this is no different from acknowledging the structure of “managing existing debt with the next debt.”
In addition, the government announced that it promoted Korea’s industrial competitiveness in semiconductors, automobiles, shipbuilding, and defense industries through group calls and 1:1 video conferences. It is said that they also held an ‘economic promotion war’ by bringing up K-culture, AI competitiveness, KOSPI, and even inclusion in the WGBI.
However, in Korea, young people are struggling to find employment, and self-employed people are at risk of going bankrupt. The economy that the people feel is frozen, but the government is working hard to attract foreign currency by promoting to overseas investors that “our economy is fine.”
At this point, I can’t help but ask.
Is it the lives of the people that the government is trying to protect, or the reputation of the government?
▲ Diplomatic conflict with the United States, time and reason for the 15,000 won exchange rate crisis, Director Kim Young-yoon © Seoul Arts Center
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In particular, the line shown by the recent administration is In line with the ‘pro-China, pro-North Korea’ controversy, foreign strategies are being shaken.Concerns are also growing. The economy ultimately runs on trust. diplomacyIf it shakes, finance also shakes. Nevertheless, the regime They buy time with debt and try to cover up the situation with publicity.
▲ “The Korean economy is currently collapsing. We are passing the burden on to future generations through endless financial expansion!” © Seoul Arts Center
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Regardless of whether it is a pro-China or pro-North Korea line, a regime that only passes on debt to future generations will inevitably be judged.
Instead of packaging the issuance of this $3 billion foreign exchange bond with the phrase “breaking the lowest additional interest rate in history,” the government should explain it honestly to the public. Why did the debt have to be paid at this time, at this scale, and in dollars?
▲ Foreign currency bond issuance history over the past 10 years © Seoul Arts Center
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and The public must no longer be deceived.
When the regime shouts “successful issuance,” what is quietly accumulating behind the scenes is not foreign exchange reserves. national debtand Ultimately, the burden is ours. childrenand return to grandchildren.
▲ Free University, make your own decisions… © Seoul Arts Center
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▲ Direct hit by Gordon Chang, “The People Power Party is a fake conservative that abetted Chinese influence”, “The People Power Party is not the liberal right, but a vested interest cartel” ©Culture Arts Center
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▲ Release President Yoon Seok-yeol! ©Seoul Arts Center
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Citizens demand. Fair regulation of Chinese platforms, protection of the domestic e-commerce industry, and preservation of Korea’s distribution sovereignty. They agree.
“Using Coupang more is patriotic, and showing our united strength by coming to this rally is the way to protect the Republic of Korea.”
▲ Pan-national resolution rally to support Coupang on January 25th… Crushing the Chinese distribution invasion, if we don’t stop it now, Korea will collapse © Seoul Arts Center
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▲ January 25th ‘Coupang Support Pan-national Resolution Rally’… Resolution for survival of the Republic of Korea, not on the side of corporations, and crushing Chinese distribution invasion 1
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▲ January 25th ‘Coupang Support Pan-national Resolution Rally’… “It’s not about siding with corporations, it’s about the survival of the Republic of Korea” ©Seoul Arts Center
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© Seoul Arts Center
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© Seoul Arts Center
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© Seoul Arts Center
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▲ Election fraud.. © Seoul Arts Center
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▲ The essence is election fraud © Seoul Arts Center
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▲ Idiots..fools..even if… © Seoul Arts Center
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**
Trump’s warning has begun…
Who’s next? ***
▲ Trump’s warning has begun… Who’s next? ©Seoul Arts Center
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▲ We must abandon the delusion about territory we have never governed, the US State Department says, “China’s provocations are a path to self-destruction”… Strong warning on rising tensions in the Taiwan Strait – “We must get rid of delusions about territory we have never ruled” ©Culture Arts Center
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▲ Pleasant, refreshing and exhilarating! (愉快 爽快 痛快!) – “If you play around, you will pay”… What is the White House’s warning ‘FAFO’, a message to Korea? ©Seoul Arts Center
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▲ ‘Arab Spring’ arrives in Iran…Start of the Great Revolution KbS report screen capture ©Culture Arts Center
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▲ “Our presidential election was also stolen by the Chinese Communist Party” The SCIF © Seoul Arts Center
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‘Why are they tearing up the Chinese flag?’ Young people at the center of anti-phobia controversy – BBC News Korea
BBC News Korea
▲ This is not a fishing boat. China released ‘civilians’ into the sea instead of warships. Why can’t the US and Japan shoot? It’s not because it’s a fishing boat, but because the moment you shoot, it’s a losing game. It’s not just Taiwan’s problem. The influx of Chinese fishing boats is a sign that a safe war is getting closer. ©Culture Arts Center
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President Trump’s message to Korea and other suffering countries
Never Give Up
▲ Basic Act on Resident Autonomy, Road to Communism ©Seoul Arts Center
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▲ Memorial to the victims of the Muan Airport plane disaster. ©Seoul Arts Center
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▲ Jeju Air passenger plane disaster that occurred at Muan International Airport in Jeollanam-do around 9 a.m. on December 29, 2024 © Seoul Arts Center
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▲ We will win the local election (if voted for) and reveal the truth about the election fraud. Don’t be nervous, but keep in mind that you can only win the local election if you reveal the election fraud! National power! © Seoul Arts Center
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There would be a New China without the Communist Party
There must be no Communist Party to create a new China.
https://www.youtube.com/watch?v=Gl3x0_WV3nk
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▲ January 25th ‘Coupang Support Pan-national Resolution Rally’… “It’s not about siding with corporations, it’s about the survival of the Republic of Korea” ©Seoul Arts Center
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▲ Election fraud, former lawmaker Min Kyung-wook © Seoul Arts Center
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▲ Free University, destroy Chinese Communist Party! ©Seoul Arts Center
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I hope you have a confident and successful day today!
I came back after winning!! 🎉The spring breeze blows from across the Pacific Ocean 🎉
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date: 2026-02-09 05:42:00
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