The Kospi Made South Korean President Lee Jae Myung; It May Yet Unmake Him...

The Kospi Made South Korean President Lee Jae Myung; It May Yet Unmake Him... There is a particular cruelty in the timing. When the Kospi began its final, cratering descent in late July, President Lee Jae Myung was roughly 11,000 miles away, midway through an 11-day diplomatic tour of South America, watching from hotel suites as the index he had made the totem of his presidency collapsed. His finance minister apologized to lawmakers. The heads of both financial regulators cance...

By Tyler Durden