● China-Global Outcast
Analysis of the Development of the Chinese Economic Crisis and its Global Impact
Current Situation: Price Surge and Internal Turmoil
Prices within China are currently soaring by up to 245%.
The public is suffering from economic hardship, compounded by the risk of economic collapse.
Ordinary citizens and small business owners are already experiencing the reality of a collapsed economy.
Contrary to official announcements, the reality is already severe.
Internal Economic Crisis and Over-Supply Issues
Factories and companies are facing economic difficulties.
Prices for goods ranging from clothing to various consumer products are plummeting due to inventory burdens.
Items that originally cost tens of thousands of won per piece are being sold off cheaply.
There is a rapid clearance of excess supply and inventory within the market.
International Trade and Logistics Crisis
China’s export system is also experiencing chaos.
Goods need to be sent to the United States and other countries,
but logistics are paralyzed due to container shipping issues at Shanghai Port and blocked air transport.
This has led to container buildup at ports in Korea and other countries, increasing management cost burdens.
Global Reaction and Trade Conflicts
China’s internal economic instability is negatively impacting overseas trade.
In some countries, boycotts of low-priced Chinese goods and the import of alternative products are becoming more active.
Major trade partners such as the United States, Southeast Asia, and Europe are expressing tension.
The economic crisis is escalating into a global trade conflict, beyond a simple internal problem in China.
Future Prospects and National Response Tasks
The Chinese government is urgently focused on preparing short-term solutions.
However, in a situation connected to the global economy, China’s internal crisis acts as a major risk factor for the international economy.
Countries including the United States, Southeast Asia, and Korea are concerned about the inflow of low-priced Chinese goods and trade imbalances.
At the same time, the differences in systems and political conflicts between the United States and China are likely to intensify further.
Each country needs to prepare emergency measures to protect its domestic industries and stabilize its economy.
< Summary >
The economic crisis is deepening due to soaring prices, surging inventories, and paralysis of ports and logistics within China.
Contrary to the Chinese government's announcements, ordinary citizens and small business owners are already experiencing great difficulties.
Along with this, global trade conflicts and boycotts from major countries like the United States are being triggered.
The United States, Southeast Asia, Korea, and others are expressing tension over the inflow of low-priced Chinese goods and trade imbalances.
Since the internal crisis in China is likely to spread to the global economy as a whole in the future, it is necessary to quickly prepare countermeasures focusing on key words such as economy, global economy, Chinese economy, market crisis, and trade conflict.
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– 동남아도 시진핑에 등 돌렸다, 중국은 전 세계 왕따 됐습니다 [박수학의 중국속보 #18]

● Iran’s Economy: Meltdown
Analysis of the Local Iranian Economic Crisis – Confirmation of Severe Economic Crisis Symptoms Such as the Speed of Money Melting, Over 40% Increase in Food Prices, Power Outages, Soaring Exchange Rates, Youth Unemployment, and Widening Inequality
1. The Beginning and Background of the Economic Crisis
Locally, money is melting like ice at a rapid pace.
Since the Islamic Revolution of 1979, the Iranian economy has been consistently struggling.
Recently, the situation has drastically worsened, and all signs of an economic crisis are visible.
Domestic and international anxieties are growing simultaneously, leading to a contraction in both investment and consumption.
2. Price Hikes and Inflation Shock
Food prices have increased by over 40%.
Price hikes and inflation are a significant burden on ordinary citizens.
Consumers are struggling to purchase essential goods, leading to a sharp increase in the cost of living.
Economic instability, coupled with exchange rate fluctuations, is making it difficult to stabilize prices.
3. The Chain Effect of Power Issues and Outages
Major cities, including Tehran, experience power outages two to three times a day.
Power outages directly impact industrial production and daily life.
Power outages destabilize the production processes of companies and cause overall economic disruption.
These power outages are considered another sign of the economic crisis.
4. Soaring Exchange Rates and the Need for Currency Reform
Despite Iran’s abundant oil and gas resources, exchange rate instability is severe.
The extreme rise in exchange rates highlights the need for currency reform.
Many argue that the current currency system is inadequate to overcome the economic crisis.
Exchange rate instability significantly affects overseas investment and trade.
5. Youth Unemployment and Widening Inequality
The soaring youth unemployment rate is increasing anxiety about the future.
Widening inequality is a major factor amplifying social discontent and conflict.
The economic crisis is unequally affecting all levels of society.
This social instability emphasizes the need for political negotiation.
6. Political Response and International Negotiations
The Iranian leadership is focusing all efforts on negotiations to address this unprecedented crisis.
They are seeking economic stability and currency reform through negotiations with the international community.
Successful political negotiations are essential for finding a path to economic recovery.
A systematic plan and international support are required for future economic reconstruction.
7. Future Outlook and Challenges for Economic Recovery
The current situation cannot be resolved in the short term.
To address the root causes of the economic crisis, currency reform, investment promotion, and the expansion of social safety nets are urgently needed.
The international economic environment and internal political negotiations will play a decisive role in economic recovery.
Sustainable fiscal policies and structural adjustments will be important tasks going forward.
< Summary >
The local Iranian economy is facing a severe crisis since the 1979 revolution.
Specific problems are emerging, such as the rapid decline in the value of money, over 40% increase in food prices, frequent power outages, and extreme exchange rate surges.
In particular, the expansion of youth unemployment and inequality is deepening social conflict.
The Iranian leadership is now seeking solutions to the economic crisis through negotiations, and international cooperation and systematic reform are key.
Key keywords such as economic crisis, exchange rates, inflation, and power outages suggest that future solutions and international political and economic negotiations will play a crucial role.
[Related Articles…]
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