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The 1,450 KRW Breach: Structural Liquidity Crisis and the KOSPI Paradox (Subtitle: Why M2 supply predicts 1,500 KRW, and how to navigate the stock market decoupling)
1. Introduction: The Psychological Barrier Collapses On January 5, 2026, the South Korean financial market witnessed a historic event. The USD/KRW exchange rate surged past the psychological resistance line of 1,450 KRW. This is not just a number; it is a siren signaling that the "old rules" of the Korean economy are no longer functioning. While government officials describe this as a temporary phenomenon caused by the "Strong Dollar" and delayed Fed rate cuts, the data sugge
오리 오리
Jan 65 min read
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