The Mutation Under the Surface: Conflict Between South Korean President and the People, Major Asset Decline
In the dead of night, a grand historical drama is quietly unfolding in South Korea, with a plot so convoluted it leaves one astounded.
On December 3rd, South Korean President Yoon Suk-yeol's declaration of a state of emergency struck like thunder in the night, plunging the entire country into a whirlpool of power.
That weekend night, which should have been peaceful and serene, was shattered by Yoon Suk-yeol's live television broadcast.
He appeared grave, announcing the implementation of an 'emergency curfew,' citing a paralyzed National Assembly and a national crisis. This news, like a giant stone cast into a tranquil lake, instantly stirred up waves.
That night, the National Assembly building was brightly lit, but the atmosphere was entirely different. Officials might still have been busy with legislation, unaware that the outside world had turned upside down.
Military police acted swiftly, sealing off the National Assembly building, with helicopters roaring overhead. Outside the building, the public gathered in anger, their slogans echoing loudly, protesting this sudden curfew.
In this chaos, Lee Jae-myung stood out prominently. He went live on YouTube, his voice firm: 'The president is against the people!' This statement, like a sharp sword, pointed directly at Yoon Suk-yeol.
He called on the public to protect the National Assembly and defend the Democratic Party, instantly becoming a focal figure in this storm.
The financial markets reacted swiftly; with the announcement of the curfew, South Korean assets plummeted across the board, with the won exchange rate, stock market, and cryptocurrency market all suffering. The international market was also affected, with gold prices rising, inflation worsening, and global travelers feeling the pressure of uncertainty.
Was Yoon Suk-yeol's curfew truly for national stability? Or was it to consolidate his own power against the pressure from opposition parties? The paralysis of the National Assembly seems merely a pretext for power struggles.
Behind this lies top-level political maneuvering, differing plans for the nation's future. Yoon Suk-yeol's action undoubtedly poses a challenge to South Korea's democratic system.
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