Korean Economic Notes

Those on "the lowest rung of the country's economic ladder" have made their way to an American daily — South Korea's 'seal men' suffer in downturn.

This sounds eerily familiar — Ponzi Scheme Could Shake Economy. "The South Korean government is accused of employing an ill-fated strategy similar to a Ponzi scheme in order to prop up real estate prices in the midst of the financial crisis."

A good result in a case of a man "charged with not only deliberately spreading false rumors about government policy on the exchange rate, but also with the intention to harm the public good by negatively affecting the foreign exchange market and undermining the nation’s economic credibility" — S. Korea acquits Internet pundit “Minerva”.