Why Have Every Crisis in the Past 30 Years Begun in South Korea?
Looking back over the past 30 years, each global financial crisis seems to have started in South Korea—this sounds absurd.
But when you review history, you’ll find:
In 1997:
The won collapsed
The KOSPI plunged
Foreign exchange reserves were nearly depleted
Then the Asian financial crisis swept across the globe
In 2000:
South Korean semiconductor stocks peaked first
A few months later, the Nasdaq crashed by 78%
The dot-com bubble burst
In 2008:
The South Korean stock market began to collapse
Just a little over a month later, Lehman Brothers failed
The global financial system collapsed as well
In 2021:
Bill Hwang used extreme leverage through Archegos
The fund imploded
Losses for banks, represented by large players such as Morgan Stanley, exceeded $10 billion
Just Credit Suisse alone lost $5.5 billion
In 2022:
Kwon Do-hyung launched LUNA and UST
Over $40 billion—nearly in a single night—evaporated
Then came Three Arrows Capital, Celsius, and FTX
In 2026:
Samsung and SK Hynix have come to dominate not only South Korea but the entire semiconductor industry in the United States;
More than $30 billion in inflows are tied to leveraged products linked to these two companies.
These products rebalance every day.
When prices rise, they buy more.
When prices fall, they are forced to sell.
The deeper the market drops, the greater the sell pressure created by these products.
South Korea is trying to deleverage, but the impact it brings continues to shake the world!
Over the past 30 years, South Korea has kept the world on alert.
In 2026, will South Korea bring the world’s semiconductor industry into prosperity again?
Or will it shake the world once more?
We’re experiencing it now!
$BTC
Looking back over the past 30 years, each global financial crisis seems to have started in South Korea—this sounds absurd.
But when you review history, you’ll find:
In 1997:
The won collapsed
The KOSPI plunged
Foreign exchange reserves were nearly depleted
Then the Asian financial crisis swept across the globe
In 2000:
South Korean semiconductor stocks peaked first
A few months later, the Nasdaq crashed by 78%
The dot-com bubble burst
In 2008:
The South Korean stock market began to collapse
Just a little over a month later, Lehman Brothers failed
The global financial system collapsed as well
In 2021:
Bill Hwang used extreme leverage through Archegos
The fund imploded
Losses for banks, represented by large players such as Morgan Stanley, exceeded $10 billion
Just Credit Suisse alone lost $5.5 billion
In 2022:
Kwon Do-hyung launched LUNA and UST
Over $40 billion—nearly in a single night—evaporated
Then came Three Arrows Capital, Celsius, and FTX
In 2026:
Samsung and SK Hynix have come to dominate not only South Korea but the entire semiconductor industry in the United States;
More than $30 billion in inflows are tied to leveraged products linked to these two companies.
These products rebalance every day.
When prices rise, they buy more.
When prices fall, they are forced to sell.
The deeper the market drops, the greater the sell pressure created by these products.
South Korea is trying to deleverage, but the impact it brings continues to shake the world!
Over the past 30 years, South Korea has kept the world on alert.
In 2026, will South Korea bring the world’s semiconductor industry into prosperity again?
Or will it shake the world once more?
We’re experiencing it now!
$BTC