Apparently Lots Of Koreans With Tons Of Money

There are a lot of poor South Koreans but there are lots with money to burn.

So restaurants, shops and other businesses cater to these people who need something to do to pass time and can pay ridiculous amounts for snacks, drinks, and such.

Used to spend a lot of money, but it was usually entertaining for business and on business trips.

I got one more free flight to Europe or North America using airline mileage. Trying to use it all up before I die. Almost done. 

After the war, land in Korea was 'dirt' cheap. Now, that land is very valuable, a source of tax revenue and the like. 

All that inflated wealth is sometimes interpreted as inflation. Imagine if the US Fed was in charge of Korea during those inflationary years.

Ridiculous real estate prices and exploding stock market?

Korean Media Very Hostile To Capital Gains Tax On Stock And Interest

The media present all kinds of claims of economic disaster from professors and other supposedly knowledgeable commentators.

Koreans pay capital gains tax for stock transactions in the US and other countries. Should foreigners pay capital gains tax on stock transactions in Korea? Only fair.

If the foreigners do not pay capital gains tax on stock transactions in Korea, most are required to pay capital gains tax on the transactions in Korea in their home country. Have to pay.

Only rich Koreans are not paying.

But no mention of this in any of the media to date.

Korean Conservatives Trying To Delay Capital Gains Tax on Stock Sale Profits

For profits over about USD 40,000.

There is no capital gains tax on stock sale profits, unlike the US, UK, EU countries, and other countries,

The Korean conservative party and most media claim the tax will ruin the stock market and cause foreigner investors to abandon Korea. 

What bull***.

Blood In Urine

25 years ago, it was bladder cancer.

This time, a kidney stone, but painful for several days. Luckily, it was at the bottom of the ureter and could be treated using shock waves to break up the stone (lithotripsy).

Good Music

 

1 in 5 deaths of US adults 20 to 49 is from alcohol

According to CNN: 1 in 5 deaths of US adults 20 to 49 is from excessive drinking

Luckily, I stopped drinking alcohol decades ago. Used to be an alcoholic. 

Korean Prez Using Tragedies, Incidents For Public Relations?

At every big accident, flood, murder, North Korean missile tests, and other newsworthy incident, Prez Yoon always seems to visit and order that preventive steps be taken to try and improve his image and popularity. 

If I think this, then many other Koreans have noticed also. 

It seems Yoon is being alienated by liberal leaders of major countries which continue to maintain close ties with South Korea, in spite of Yoon's antics.