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Japanese Tourists in Korea

Mar

22

My friend just came back from Korea. He tells me there are so many Japanese tourists everywhere in Korea. That is because of the currency. Compared to a year ago, Korean won is about a half. That means, everything that you see in Korea is a half price.

Last tome I was in Japan, there was a line of people checking in to the flight that is bound for Seoul and Pusan. Economy is a funny animal. Regardless of the financial situation, there is flow of money from the high to low. That is what we learned in college (Economics 101). Let the economy do its thing, it will somehow work out.

Let the private companies be private. There is nothing government can do. If the government can do anything about the economy, Soviet still be a communist country.

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