Part 1 explained the basics of what a stock is.In Part 2, I will explain how stocks are traded. 1. When the ship has departed The merchant ship has set sail. Now, all the investor can do is wait until the ship returns. At that time, it took at least six months for a ship … Read more
1. Introduction: Understanding the Origin of Stocks I hope my writing will be very helpful to those who are encountering stocks for the first time.To understand stocks, it is easiest to start by learning how stocks were created. 2. Historical Background: Birth of Stocks in the Age of Exploration Stocks originated during the Age of … Read more
1. Structural Limitations of Renewable Energy and a New Solution for Electricity Storage: Why Hydrogen Is Needed Although the share of renewable energy such as solar, wind, hydro, and geothermal is rapidly increasing, the world is encountering a wall called “efficient storage methods” because electricity as an energy form has inherent structural limitations. Electricity disappears … Read more
Ⅰ. The Core Reasons the Pacific Is Important to the United States The Pacific: Structural Importance to Global Trade, Security, and U.S. Strategic Power The Pacific handles a large share of global maritime tradeIn U.S. imports and exports, the share held by Asia–Pacific countries has already surpassed Europe.The countries with which the United States trades … Read more
Structural Competitiveness Created by European Instability, U.S.–China Rivalry, Manufacturing Capability, Alliance Trust, and Full-Spectrum Production Capacity Many countries around the world in the 21st century reduced military spending and focused on economic growth, but South Korea needed stable and continuous military strength more than any other nation. Facing the direct threat of North Korea,South Korea … Read more
I. The Economic Burden and Structural Weaknesses After German Reunification Germany achieved reunification in 1990, but it came with enormous economic burdens. West Germany was a global manufacturing powerhouse, whereas East Germany had a deteriorated socialist economic system, and the productivity gap between the two regions was extreme. To bring East Germany up to the … Read more
I. The Core of Korea’s Economic Growth: Strong Administrative Power and a High-Speed Execution System Korea’s economic development cannot be explained solely through corporate growth or industrial policies. The most decisive factor that enabled the nation to rise from post-war devastation to one of the world’s top ten economies was its strong administrative capacity and … Read more