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Korea's national debt exceeded 2,000 trillion won 2021

admin 2022.04.05 08:43 Views : 451

Korea's national debt exceeded 2,000 trillion won last year, and the Moon administration increased it by 763 trillion won

The national debt is larger than the gross domestic product (GDP) of 2057.4 trillion won, the total of goods and services produced by the Korean economy last year. Compared to 1433.1 trillion won at the end of 2016, before the inauguration of the Moon Jae-in government, 763.3 trillion won (53.3%)

In conclusion, it is like the Korean government did not live by earning, but by borrowing unconditionally.

It has been five years since they threatened companies to forcibly take money, distribute funds to North Korea, spend it on the luxury of the first lady, and spend the country money as if it were personal money.

 

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