#Foreign Reserves
Finance·Apr 6, 2026
Why No Second IMF Crisis Is Coming, and Why Today's Risk Is Actually Worse
A second IMF-style dollar crisis is unlikely for Korea given current reserves and external debt, but a slower squeeze from household debt and high rates is already in motion and harder to escape over time.
Finance·Apr 2, 2026
Why the 1997 IMF Crisis Wasn't Really About 'Too Much National Debt'
Korea's 1997 IMF crisis was not triggered by national debt size but by short-term dollar borrowing and collapsing trust. The country's structure has changed, yet a slower household debt pressure is now quietly in motion.