Why South Koreans oppose the G20

In ancient times, there were two ways for ordinary people to sue local county officials:

First, go to the city and file a complaint.

Second, wait for the governor to come and tell the governor.

The South Korean people are not against the G20, they are against South Korea. Because of the trouble at this time, South Korea will not suppress it, because it will lose face. As you know, the South Korean economy is also weak, with the depreciation of the Korean won, the price of goods, and even the price of cabbage have tripled.

Can the South Korean people not make trouble? If you don't make any more trouble, you'll starve to death. As for what the friends above said, is this money worth the trouble?

It's just because of the good of our country and the support of the people.

It's okay to stick a little bit, for the sake of your own domestic interests, at least you can rise up and resist.

South Korea's opposition to the G20 summit is dominated by the rising Korean Democratic Labor Union (KCTU), whose spokesman Lee Chang-Geun said demonstrations against the summit's agenda would begin on Oct. 1, and there would also be a "people's summit" on Nov. 8-10 to unite international groups in Seoul.

KCTU is a well-known radical trade union group in South Korea, who believes that globalization has brought disaster and destruction to mankind and the world, that capitalism has exploited workers and people, created inequality between classes, forced the weak and poor to live a difficult life, and globalization has expanded and deepened capitalist contradictions.

That's probably why they oppose the G20 summit, and you can take a look at some of the ideas of this union union.

The fourth G20 Leaders' Summit was held in Toronto on June 26-27. According to the arrangements of the host country, the leaders of the participating countries held a working dinner, plenary meeting and working luncheon on June 26 and 27 to discuss the world economic situation, the European debt crisis, the "framework for strong, sustainable and balanced growth", the reform of international financial institutions, international ** and financial regulation.

Financial reform was a point of contention at the G20 summit, with European countries demanding a bank tax and a financial transaction tax, while Canada, Australia and other countries expressed opposition. If you want to continue economic policy, you need to spend more money, and if you want to reduce the fiscal deficit, you have to spend less, and countries have a bit of a problem with the needs of the economy and the ballooning fiscal deficitDilemma&uot;, to spend money or to save money, that's the question.

A growing number of policymakers are convincing the public that the economy cannot grow sustainably without substantial reductions in fiscal deficits. The widening of the fiscal deficit will only give people a sense of temporary satisfaction, but cutting fiscal spending will make people feel less comfortable in the short term.

So they.

The G20 summit in Seoul will begin on November 11. South Korea** said on November 10** that the most troublesome issue for Lee Myung-bak, as the head of state of the host country, is how to fill in the specific values in the "Seoul Declaration" to coordinate the positions of the participating countries.

According to South Korea's "North Korea**" on November 10, due to the opposition of Germany and other countries with a current balance of payments, the delegations of the G20 summit have not yet reached an agreement on specific policy guidelines for "countries to strive to control the surplus and deficit of current accounts within 4% of GDP". Delegations decided not to include a specific figure of "4 per cent" in the Seoul Declaration and to submit policy guidelines with spaces to the Summit, which meant that the figures within the spaces would be decided by the leaders in consultations. Therefore, Lee Myung-bak, who is presiding over the summit, must reconcile the exchange rate contradictions of the United States, Germany, and Brazil if he wants to fill in the numbers in the blanks.

According to the report, Lee Myung-bak will preside over a six-hour summit at the summit, and he is studying a plan to coordinate opinions on the exchange rate issue. Since last week, Lee Myung-bak has drastically reduced his external activities and concentrated on "studying" at the Blue House, because in order to coordinate exchange rate issues at the summit, it is necessary to grasp the economic conditions of each country and the current account balance.