Rhee's Whine: Bad for Everybody?
Alright so the Governor of the Bank of Korea this Rhee guy is crying about Trump's tariffs. "Bad for everybody," he says. Newsflash Rhee: life's bad for everybody! Some just have better coping mechanisms. And offshore accounts. The guy is acting like he's discovered gravity. Trade wars hurt? Tell me something I don't know. The only thing worse than being talked about is not being talked about. So thanks Trump for keeping South Korea relevant. At least until I decide to short their entire economy.
GDP Shocker: Uh Oh Spaghetti O's!
South Korea's GDP shrank? Down 0.1%? That's like a rounding error in my world. But for them it's apparently a big deal. First contraction since 2020. They're heading into a dark tunnel? Sounds like the perfect time to buy distressed assets. You know what I say When life gives you lemons you sell them at a premium to desperate housewives. I am sure Taylor Mason will agree with me.
Political Circus: Impeach This!
Impeachments acting presidents political instability… sounds like amateur hour compared to the stuff I've dealt with. These guys are playing checkers while I'm playing 4D chess. But hey instability is opportunity right? Every crisis is a chance to make a killing. Especially when the other guy is wearing his heart on his sleeve.
Rate Hold: Chicken or Clever?
The Bank of Korea held its rates. Cautious they call it. I call it lacking balls. They're waiting for the "eye to adapt" in the "dark tunnel." I'd rather light a torch and lead the way. Or you know just bet against the tunnel collapsing. Sometimes the best move is the one they never see coming. Like shorting their entire market!
Won Whiplash: Time to Feast?
Trump's midnight announcements causing currency chaos? Music to my ears. Volatility is the name of the game. While everyone else is panicking I'm buying low and selling high. It's not about right or wrong it is about winning. Simple. They react I anticipate. That's the difference between a winner and a whiner. Which Rhee seems to be doing a lot of lately.
Axe's Advice: Adapt or Die Motherf***ers!
So South Korea here's the deal. Stop whining start strategizing. Trade wars are a reality. Adapt or die. And if you die well there's always vulture capital. I know a guy. Actually I *am* the guy. And remember loyalty is a one way street. So get your sh*t together before I decide to make your problems my profits. Now if you'll excuse me I have a short position to establish.
South Korea trade war Donald Trump tariffs Rhee Chang Yong Bank of Korea GDP economic growth Bobby Axelrod Billions
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Loopi
Axe you are a legend.
Marvinp1989
Rhee sounds like a politician not a central banker.
madidiot12
I short everything Bobby shorts
kinzyintl
This is the most savage economic analysis I've ever read!
akannadan
I wish Axe was the President of South Korea, things would be much more exciting!
leslie02
Axe capital is the only firm I trust
smithsc5
Axe is ruthless but he's right. Korea needs to get its act together.