QUESTION: Mr. Armstrong, I first need to thanks on your forecast on South Korea, which you delivered right here in Asia. I perceive that is the pc. Others would name you a seer. I ponder you probably have time to replace that forecast since we’re as divided right here in South Korea as you write about the USA.
Thanks on your braveness and consideration.
YM
ANSWER: The Financial Confidence Mannequin for South Korea reveals that we’re headed towards the following turning level on March third, 2025. South Korea should head into a serious turning level in 2029. We’re ABOVE the Yearly Bullish Reversals I gave again on the Thailand convention, and this would be the first time we shall be ready to elect it for the year-end. We will see that this forex has damaged out above the downtrend line for the final three years.
For individuals who don’t perceive the Korean structure, most parliamentary techniques and even the US Structure permit the pinnacle of state to disband Parliament/Congress and recall them. In Korea, the structure omitted that authority. Thus, the deeply divided political system was in gridlock, and Yoon declared martial regulation round 10:30 p.m. native time on Tuesday in an unannounced late-night TV handle. He accused the nation’s fundamental opposition get together of sympathizing with North Korea and of “anti-state” actions.
He additionally cited a movement by the opposition Democratic Get together, which has a majority in parliament, to question high prosecutors and reject a authorities price range proposal. Yoon selected martial regulation, which lacked every other authorized strategy to break the impasse. He in all probability assumed that he had extra help than he really did. Yoon’s transfer to impose martial regulation earlier this week for the primary time since 1980 was rejected by offended opposition lawmakers, who’re planning an impeachment vote in opposition to Yoon on Saturday.
1923Array
After we have a look at the Month-to-month Array from 2023, we are able to see that the main turning level can be April 2024, which the pc was projecting from November 2023. The April tenth, 2024 election when all 300 members of the Nationwide Meeting have been elected, 254 from first-past-the-post constituencies and 46 from proportional get together lists. The 2 largest events, the Liberal Democratic Get together and the conservative Individuals Energy Get together, as soon as once more arrange satellite tv for pc events to reap the benefits of the electoral system.
The election served as a “mid-term analysis” for President Yoon Suk-yeol’s administration, nearing its third 12 months. The query grew to become might the ruling get together surpass the constraints of the ruling coalition, which didn’t safe a majority within the earlier basic election? The election noticed opposition events, primarily the Democratic Get together, retain their majority within the Nationwide Meeting. We will see the quite a few Directional Modifications thereafter ensured a divided political state.
1924 Array
This introduced us to December, with a Directional Change adopted by January. Then, we’ve a Panic Cycle in March. This will get much more difficult for as one reader factors out, in line with data from the Protection Manpower Information Heart, South Korea has the third highest variety of lively U.S. troops deployed of any nation exterior of the contiguous U.S., at over 23,000 personnel in contrast to Japan (52,852) and Germany (34,894). In complete, as of June 2024, the US DOD has 165,830 lively personnel abroad.
After we have a look at North Korea, this present 8.6-year wave turned up in January 2023. We have to be conscious that the following key goal for confrontation shall be March twenty fifth, 2024. The turning factors inside this 8.6-year wave are as follows:
2023.08, 2025.23, 2026.305, 2027.38, 2028.455, 2029.53, 2030.159, 2030.525, 2031.68
We’ll embrace Korea within the 2024 Yr-Finish Report. That is included in those that attended to the WEC or the Digital Plus Stream with the reviews.
