[Part 3] South Koreans Suffering the Consequences of Choosing a Socialist Regime
[Part 3] South Koreans Suffering the Consequences of Choosing a Socialist Regime To artificially boost the Korean stock market, the socialist South Korean regime mobilized the capital of the National Pension Service (NPS)—which holds 1,800 trillion won (approx. $1.1538 trillion)—deliberately pumping the KOSPI market from the 3,000 level up to 9,000. For the past 30 years, the NPS maintained only about 14% of its total assets in Korean equities. Based on decades of extensive research by numerous economists and statisticians, the NPS strictly avoided exceeding this 14% threshold. Following the gold standard of asset management, it diversified its portfolio across global markets: 30% in foreign equities, 30% in bonds, and 30% in real estate. The vast majority of these investments were allocated to US equities and US bonds. As a result, the NPS consistently delivered stable returns for decades. South Korea is the only country in the world where the head of the national pension fund i...