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Hollywoodaction
Joined: 02 Jul 2004
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Wangja
Joined: 17 May 2004
Location: Seoul, Yongsan
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 Posted: Tue Jun 13, 2006 6:00 pm Post subject: |
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I'm sorry, I don't understand what your point is: is it that only "funny-money" from tax-havens is invested in Korea?
Perhaps there are other reasons why investing in Korean stocks is less attractive now than a few weeks ago. |
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Hollywoodaction
Joined: 02 Jul 2004
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| Posted: Tue Jun 13, 2006 10:05 pm Post subject: |
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| Wangja wrote: |
I'm sorry, I don't understand what your point is: is it that only "funny-money" from tax-havens is invested in Korea?
Perhaps there are other reasons why investing in Korean stocks is less attractive now than a few weeks ago. |
Of course. Value of the won, etc. Anti-americanism was stated in one article as the reason foreign investors have been pulling out. I was simply making the point that the timing couldn't be any worse. Besides, why are they hellbent on taxing the earnings of foreign investors? Koreans don't hide cash? It's rather pretentious (and ludicrous) of them to think they can convince the governments of these countries to let them tax money that is in their territories. |
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Wangja
Joined: 17 May 2004
Location: Seoul, Yongsan
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| Posted: Tue Jun 13, 2006 10:21 pm Post subject: |
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| Hollywoodaction wrote: |
| Besides, why are they hellbent on taxing the earnings of foreign investors? Koreans don't hide cash? It's rather pretentious (and ludicrous) of them to think they can convince the governments of these countries to let them tax money that is in their territories. |
Why not? That is exactly what the US government does along with those of all developed countreis. |
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Hollywoodaction
Joined: 02 Jul 2004
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| Posted: Tue Jun 13, 2006 11:55 pm Post subject: |
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| Wangja wrote: |
| Hollywoodaction wrote: |
| Besides, why are they hellbent on taxing the earnings of foreign investors? Koreans don't hide cash? It's rather pretentious (and ludicrous) of them to think they can convince the governments of these countries to let them tax money that is in their territories. |
Why not? That is exactly what the US government does along with those of all developed countreis. |
Thanks for making my point. |
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Wangja
Joined: 17 May 2004
Location: Seoul, Yongsan
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| Posted: Wed Jun 14, 2006 12:05 am Post subject: |
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| Hollywoodaction wrote: |
| Wangja wrote: |
| Hollywoodaction wrote: |
| Besides, why are they hellbent on taxing the earnings of foreign investors? Koreans don't hide cash? It's rather pretentious (and ludicrous) of them to think they can convince the governments of these countries to let them tax money that is in their territories. |
Why not? That is exactly what the US government does along with those of all developed countreis. |
Thanks for making my point. |
Well somebody had to!!  |
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Hollywoodaction
Joined: 02 Jul 2004
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| Posted: Wed Jun 14, 2006 3:59 am Post subject: |
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| Wangja wrote: |
| Hollywoodaction wrote: |
| Wangja wrote: |
| Hollywoodaction wrote: |
| Besides, why are they hellbent on taxing the earnings of foreign investors? Koreans don't hide cash? It's rather pretentious (and ludicrous) of them to think they can convince the governments of these countries to let them tax money that is in their territories. |
Why not? That is exactly what the US government does along with those of all developed countreis. |
Thanks for making my point. |
Well somebody had to!! |
Wow, I thought my line was lame...until I read yours. |
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