[Will it lead to prolonged high interest rates?]

Signs of a recurrence of the second "Asian financial crisis" [Will it lead to prolonged high interest rates?]

The process of Korea's so-called IMF financial crisis in 1997 starting with developing Asian countries in 1994 was called the Asia Credit Crisis. The main 犯 behind the Asian financial crisis was U.S. Treasury Secretary Robert Rubin, who wielded enormous policy-making power in the U.S. government

The man has openly talked about the argument that "强 dollar" is a key U.S. interest and therefore should stick to the "强 dollar" policy in policy, and even blatantly hindered Asian countries, including Korea, from taking self-rescue measures to get out of the currency crisis

Yellen, the current U.S. Treasury secretary, is not openly talking about "强 of dollars," but she knows better than anyone else that she should keep "强 of dollars" considering the size of government bond issuance, which has grown in astronomical numbers

If it is difficult to issue large-scale government bonds without "强 dollars", it will increase interest rates and make it very difficult for the U.S. to manage its finances. Even if the "强 dollar" weakens U.S. export competitiveness, we have no choice but to choose "强 dollar."

The trauma of history when U.S. Treasury Secretary Robert Rubin sparked an Asian financial crisis with the "强 dollar" in 1997 may now be rekindled by U.S. Treasury Secretary Yellen's "强 dollar."

The fact that the exchange rates of Asian countries such as Korea, Japan, China, India, Thailand, and Vietnam are all fluctuating and plummeting is close to what they were during the first Asian financial crisis in 1997