But this method also provides a lot of speculative opportunities. Banks themselves have joined the ranks of speculators. This has resulted in a serious consequence, the huge increase in short-term debt each bank, once the foreign hot money flows away quickly Korean financial markets will lead to very painful swings. As christian louboutin sale finance minister, ray ban sunglasses outlet a better understanding behind the false prosperity of the Korean economy, what is in supporting. Maintain a high economic growth rate has been a goal of successive governments in Korea.
However, due to economic development is not smooth, the mid- 1990s, the Korean government does not have the ability to repay debt already. Real estate in exchange for blowing bubbles just bad and doubtful bank loans ; addition, because large companies to obtain funds from the bank too easy, cause once the enterprise in poor condition, the condition of non-performing assets immediate expansion. There are a lot of bad assets, which in turn affected the confidence of investors. There is, South Korea implemented a fixed exchange rate system, a long time, the government has always been to use foreign exchange reserves to make up the deficit in foreign trade emerged, but which leads to increase in national debt, and most of them are short-term external debt South Korea, once the status of foreign capital outflows exceeded inflows of foreign capital, and the country 's foreign exchange reserves, but does not make up for its shortcomings, the depreciation of the won also not far off.The other side has really ready to start yet won ? Lee smile soon, said : ray bans online ministers adults, no time, sunglasses sale will take this kind of thing kidding? Pu Taicheng silent, obviously Lee 's answer made him suddenly know what to do, after all, the dangers of this thing too, just at a cabinet meeting, officials have different opinions, and did not come up with a feasible way the end result is to wait and see, not knowing until the time sunglasses sale see the results, it has been anything late.
Lee moment, then Chen Sheng said : Minister assured that sunglasses sale immediately contacted domestic enterprises, must help the government get through this. Put down the phone, Lee immediately on the secretary said: Zheng immediately contact the Daewoo Group chairman, said there are events sunglasses sale interview with him. After etc. secretary out, Lee helplessly sitting on the sofa, watching the empty ceiling for a long time in silence. Like an old movie, like say, the villain always like to pop out. Jiang Yunfeng has always been quite believe it, but when he saw himself in front of two QINGTIAN ho when Jiang Yunfeng feel, crystallization China five thousand years of civilization, and she still has a grain of truth. http://www.perthcatholic.org.au/_xml/about.aspx
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