QUESTION: Mr. Armstrong, I first need to thanks in 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’m wondering when you have time to replace that forecast since we’re as divided right here in South Korea as you write about america.
Thanks in your braveness and consideration.
YM
ANSWER: The Financial Confidence Mannequin for South Korea exhibits that we’re headed towards the subsequent 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 might 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 programs 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 legislation round 10:30 p.m. native time on Tuesday in an unannounced late-night TV handle. He accused the nation’s fundamental opposition social gathering 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 prime prosecutors and reject a authorities funds proposal. Yoon selected martial legislation, which lacked some other authorized option to break the impasse. He in all probability assumed that he had extra help than he really did. Yoon’s transfer to impose martial legislation earlier this week for the primary time since 1980 was rejected by indignant opposition lawmakers, who’re planning an impeachment vote in opposition to Yoon on Saturday.
1923Array
Once we have a look at the Month-to-month Array from 2023, we will see that the most important turning level could be April 2024, which the pc was projecting from November 2023. The April tenth, 2024 election when all 300 members of the Nationwide Meeting had been elected, 254 from first-past-the-post constituencies and 46 from proportional social gathering 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 make the most of the electoral system.
The election served as a “mid-term analysis” for President Yoon Suk-yeol’s administration, nearing its third yr. The query grew to become might the ruling social gathering 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 Adjustments thereafter ensured a divided political state.
1924 Array
This introduced us to December, with a Directional Change adopted by January. Then, now we have a Panic Cycle in March. This will get much more sophisticated for as one reader factors out, in accordance with information from the Protection Manpower Knowledge Heart, South Korea has the third highest variety of energetic 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 energetic personnel abroad.
Once we have a look at North Korea, this present 8.6-year wave turned up in January 2023. We have to be aware that the subsequent key goal for confrontation might 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 12 months-Finish Report. That is included in those that attended to the WEC or the Digital Plus Stream with the studies.
