Trump's victory, and the further mass oppression of minorities, is closer than ever before. May god have mercy on our souls.
previous preamble
The totalitarian capitalist dystopia which was created by the United States in the aftermath of the Korean War has increasingly experienced problems as the multipolar world is being gradually birthed.
Due to the widespread exploitation of the population, long work weeks, and high housing prices, the population growth of South Korea has plummeted, with the lowest fertility rate on the planet, and the highest suicide rate in the OECD. While a capitalist "success story" before the 2008 recession in terms of profit accumulation for the richest at the expense of most others, conditions have grown more dire in the Long Depression since the crash. GDP growth per year has averaged out at 2-3%. For more concrete figures, labour productivity has stagnated, particularly in the service sector. The rate of profit hit a peak when the dictatorship ended in the late 1980s, but has since massively tumbled. These dynamics are not unique to South Korea; they are happening throughout the West.
While South Korea is stagnating, perhaps even falling, its northern neighbour is rising. With Russia already persona non grata to much of the developed world and yet still maintaining fairly good economic growth and continuously albeit gradually moving towards victory in Ukraine, Putin sees no reason to be intimidated by the West's shunning of the DPRK, and Russia is establishing ties as well as military and economic deals. This seems to portend an end to the post-Soviet period of forced isolation due to UN actions forbidding the people of the DPRK to leave the country (which many westerners believe is a policy originating from the Korean leadership due to their propagandized education).
Many in the West are still, regrettably, unable to properly analyze the geopolitical situation of Korea due to their government programming, leading to bizarre takes about imminent collapse, or desperation on the part of Russia or the DPRK, unable to recognize that the DPRK has a powerful military sector all its own, and decades of autarky has created a durable society where limited resources must be used efficiently and effectively. The position of the Korean Peninsula seems likely to be a critical part of the US-China conflict, whether this is an outright war or instead a series of proxy wars. Indeed, Korea's position may soon become very important in global trade routes if the US tries to cut off the Strait of Malacca to Chinese-bound cargo ships, with vital resources like oil and food potentially transported both over land and via the Arctic Route over Russia and through the DPRK to China. Russia's leadership clearly sees the importance of Korea in the future, hence their actions now; and, of course, South Korea siding with Ukraine has also forced Putin's hand to oppose them more openly.
The COTW (Country of the Week) label is designed to spur discussion and debate about a specific country every week in order to help the community gain greater understanding of the domestic situation of often-understudied nations. If you've wanted to talk about the country or share your experiences, but have never found a relevant place to do so, now is your chance! However, don't worry - this is still a general news megathread where you can post about ongoing events from any country.
The "Country" of the Week is South Korea! Feel free to chime in with books, essays, longform articles, even stories and anecdotes or rants. More detail here.
Defense Politics Asia's youtube channel and their map. Their youtube channel has substantially diminished in quality but the map is still useful.
Moon of Alabama, which tends to have interesting analysis. Avoid the comment section. Understanding War and the Saker: reactionary sources that have occasional insights on the war. Alexander Mercouris, who does daily videos on the conflict. While he is a reactionary and surrounds himself with likeminded people, his daily update videos are relatively brainworm-free and good if you don't want to follow Russian telegram channels to get news. He also co-hosts The Duran, which is more explicitly conservative, racist, sexist, transphobic, anti-communist, etc when guests are invited on, but is just about tolerable when it's just the two of them if you want a little more analysis.
On the ground: Patrick Lancaster, an independent and very good journalist reporting in the warzone on the separatists' side.
Unedited videos of Russian/Ukrainian press conferences and speeches.
Pro-Russian Telegram Channels:
Again, CW for anti-LGBT and racist, sexist, etc speech, as well as combat footage.
https://t.me/aleksandr_skif ~ DPR's former Defense Minister and Colonel in the DPR's forces. Russian language. https://t.me/Slavyangrad ~ A few different pro-Russian people gather frequent content for this channel (~100 posts per day), some socialist, but all socially reactionary. If you can only tolerate using one Russian telegram channel, I would recommend this one. https://t.me/s/levigodman ~ Does daily update posts. https://t.me/patricklancasternewstoday ~ Patrick Lancaster's telegram channel. https://t.me/gonzowarr ~ A big Russian commentator. https://t.me/rybar ~ One of, if not the, biggest Russian telegram channels focussing on the war out there. Actually quite balanced, maybe even pessimistic about Russia. Produces interesting and useful maps. https://t.me/epoddubny ~ Russian language. https://t.me/boris_rozhin ~ Russian language. https://t.me/mod_russia_en ~ Russian Ministry of Defense. Does daily, if rather bland updates on the number of Ukrainians killed, etc. The figures appear to be approximately accurate; if you want, reduce all numbers by 25% as a 'propaganda tax', if you don't believe them. Does not cover everything, for obvious reasons, and virtually never details Russian losses. https://t.me/UkraineHumanRightsAbuses ~ Pro-Russian, documents abuses that Ukraine commits.
"Israel's" relentless barbaric war on Gaza has led to the closure of 46,000 businesses, according to the Israeli Coface Bdi company, specialized in business information for credit risk management.
According to the company, which stated in its report the Israeli sectors that were the hardest hit, "by the end of 2024, approximately 60,000 businesses in Israel are expected to close."
S&P and Moody's both reduced Israel's credit rating due to the genocide. On S&P's site, they said that the credit rating could further fall if military force is increased, this would be in the next 12-24 months after April (which is when they broke the news).
The port of hilat declared bankruptcy (lmao) this month too. It's not looking too bright for the entity
Number aside, it's a cascade effect. That's 60k people taking out loans to open their businesses or keeping them floating that suddenly won't pay back anymore, making banks more weary of lending money and making it harder for new businesses to start.
Businesses also depend on eachother, so if your packaging supplier goes bankrupt and the other options are more expensive, your product is gone too.
Lastly, it facilitates monopolies, which will slowly turn the Israeli economy into a bloated mess unless the government purposefully breaks them up (lol), and the takeover of their markets by multinationals