We Asked Korea’s Top Economist When The Economy Will Recover After COVID-19 | STAY CURIOUS #25

[@AsianBoss]

With so many people being directly impacted by the economic downturn, we all need to stick together and support each other as members of the Asian Boss community. On our community app, MOGAO, you can interact with other intellectually-curious members from all over the world and be a part of a super positive & meaningful online community. Download our app here: App Store (iPhone): bit.ly/2wyascp Play Store (Android): bit.ly/2UxJycD

[@dibbzonhp1715]

Ask Koreans Opinions About The Bombing Of The Liaison Office By North Korea. Pls.I Want To Know.

[@adarshdwivedi3630]

Very much awaited topic in today's world... Thank you asian boss for the interview 🙏

[@adarshdwivedi3630]

@Sravanthi B Due to covid situation they're not able to travel around the world that's why they're approaching for Koreans... So no need to change their name. Peace ✌🏼✌🏼

[@untitled4841]

How about the rigged election?

[@Marynebraska111]

Please do yet another interview with this man in the future. It was incredibly interesting

[@primadonna82]

All the top professionals (doctors, professors, scientists, economists) in Korea: "I'm no one special. I'm just a normal person." Every average joe/jane in the u.s.: "I'm really special. I'm a celebrity. I'm famous, I'm an expert."

[@keniagaelescamillagarcia8139]

Not only in u.s. There is this gap where a person have an amount of knowledge/information about a topic, but not enough to know what they

[@madil2259]

@@keniagaelescamillagarcia8139 the Dunning Kruger phenomenon.

[@rogerstarkey5390]

@@madil2259 Hmmmm I don't know.... 😉

[@marktrinidad7650]

To be honest lots of Americans really have this innate feeling of America exceptionalism that they are the best on everything.

[@journey101211]

i think this has to do with the korean language. In Korean you should always say "im not that good/it all thanks to you" when you receive compliments. Otherwise it's weird.

[@Jon-br8co]

Yesterday is history, tomorrow is a mystery and today is a gift... Love it!

[@iCy_youseeme]

''that's why its called present'' to finish the quote :D

[@karlrafaelcolangoy7988]

Master oogway

[@ruminatingenigma4649]

That's why today is called the present

[@gianrichardvalbuena1237]

"There are no accidents"patient zero contracting the virus in wuhan

[@ttly1384]

*insert My time has come meme

[@dnam727]

Korea's top economist quoted Kung Fu Panda. Awesome

[@personalmastery8163]

🤣 30:57

[@Smileybiotch237]

I loved that!

[@tijen_]

Finally...unbiased, uncensored truth about current economic status and outlook so we know what to expect in the future. Very informative. Thank you.

[@Name-jw4sj]

Unbiased? We really need to define what bias means then. He is a security firm economist, so yes he holds many biases. One of his glaring biases he holds is debt. He makes it seem like taking on debt is a bad thing which is not.

[@Name-jw4sj]

Also the way he defined IMF is totally wrong. “Policy reform” is a euphemism to “crony capitalism”.

[@bloomango96]

@@Name-jw4sj k?

[@Name-jw4sj]

Jeff Jeffrey k what? The dude was praising IMF as if they were some charity organizations when in fact they are a criminal organization who continue to advocate for cuts on basic human rights.

[@Lord_Unicorn]

@@Name-jw4sj i think you need help

[@wenrui96]

Asian boss even made me learn about macroeconomics I avoided in college... It was such an interesting video!!! Thank you Professor Kim

[@praem9597]

Only a troll would put that kind of comments lol. I hope you arent one.

[@vitorsousa2401]

@Gordon Jack yess mate, it open your eyes

[@shesdreamin4637]

This man is a professional analyst, educated and knowledgeable with regards to anything about economics but the way he talks about these concepts even kids can understand the examples and quotes that he is using. Wow.

[@bitbit7521]

"If you can't explain it simply, you don't understand it well enough" ~ Albert Einstein. Or at least attributed to him.

[@rome229]

If you've mastered something you can explain it using silly analogy and it would still make sense.

[@jocewithluv]

i'm a major in economy and currently doing an investigation about the economic climate after the pandemic is over so this really helped me and gave me a better insight instead of just news reports

[@Trgn]

News often get too political and not very educational.

[@neileapenninan8706]

@@Trgn Ikr

[@hospitaller100]

@@Trgn Well news are not meant for education anyways haha

[@semir-2941]

Go watch real vision.

[@_elenaio_]

I liked when he said about trying your best today so you can have a better tomorrow.

[@rizkaannisa2375]

Wow, what a great interview! I'm myself majoring economics but I think I learnt a lot more in this interview than my 4 years in college LOL. The economist is so humble, he was giving the example like it's so easy to understand I can tell that he's very genius (no wonder he's as the top economist)...meanwhile the interviewer from asian boss is killing it as well! He tailored the question very well. Good job Asianboss :)

[@davidcho4399]

I just absorbed a wealth of knowledge. This economist is super down to earth!

[@Peachfaerie]

THANKS SO MUCH ASIANBOSS for interviewing people who make it easy for ordinary persons like me to understand what inflation, deflation is, and Prof Kim is quite articulate and explains the situation simply. Is it a coincidence his name is also Kim, like Dr. Kim and my other fave Prof. Kim. Anyway, more power, looking forward to your helpful interviews, we can do this👍💪oh and don't think I didn't notice your sophisticated new look Sir Stephen🤫

[@erpekito]

Universal Basic Income has now been approved in Spain and everyone looks hopeful, let's see how it works. Btw his last words in this interview were amazing. As always, great work Asian Boss!

[@praem9597]

Universal Basic Income is a way for the banks to control the people. Please dont fall for this scam.

[@praem9597]

@@OpiumBride Can slavery also work if done correctly?

[@jordan9318]

So you change market forces for the stick. Communism tried a similar approach. How many times do people need to see a system fail to realise it doesn't work.

[@hsun7997]

@@praem9597 Yeah we already have corporate slaves. Nice try lol. And the banks are already controlling the people because without them we would be dead and broke.

[@praem9597]

@@hsun7997 Talk for yourself. Many people already have Died and been Broke BECAUSE of banks. But you know that already. Trying to push for evil thing like this will be bad for you.

[@helsiclife]

As always Asian boss bringing professional and insightful interviews!

[@manjusreebhaskar1530]

Agree, I like how the interview questions are setup too,

[@praem9597]

Are you a troll writing these kinds of comments?

[@dreoxy6096]

@@praem9597 You have to much time on your hands if you're able to reply to all the positive comments (yes I'm aware whether or not it's positive is subjective so don't get your panties in a bunch. Just calling how I see them). It's probably time to get out of your basement and get a life.

[@TonyKimtheamusementparkfan]

@@dreoxy6096 He just wants to spread conspiracy and doesn't even care that he'll die from COVID if he doesn't follow the rules.

[@andrewarbuckle8123]

Stephen has incredible access to the elite minds of Korea. His interview with the KCDC doctor was helpful and now a prominent economist. Impressive! This is such a great channel.

[@sabytique]

its great to see Korea getting back to normal, hope we can visit soon

[@Jonathan-Pilkington]

@T L lol how depressed and sad are you? Get help.

[@Smileybiotch237]

Wow this was an amazing interview. He broke down so many concepts I was curious about without any annoying bias. Thank you!

[@glowwithfranny]

What a great interview! He was so knowledgeable. Hope there will be a part 2 in a few months

[@berkayyesildagli1680]

I swear, this channel deserves everything in the world.

[@praem9597]

Not your trust, thats for sure.

[@TonyKimtheamusementparkfan]

@@praem9597 We don't deserve your trust anyways, so who are you to say that we shouldn't trust them? You really want the clout don't you? Yeah, try again.

[@Ani-13-w8d]

He is just maintaining his pleasant smile on his face.

[@randhelsoriano9418]

I really loved watching asian boss because of its substantial contents. Great Job! From the Philippines

[@Love4materialworld]

Such an insightful interview, and the professor spoke in such a zen way!

[@tyrant_hermit]

Yes

[@arthuriharvey08]

As ever Asian Boss, you exceeded my expectations! A great interview! Kim Young-ick final quote will stick with me for ever: "Yesterday is history, tomorrow is a mystery, and today is a gift!Great stuff, indeed!

[@Yzaibatsu]

here's the complete quote “Yesterday is history, tomorrow is a mystery, and today is a gift… that’s why they call it the present” ― Master Oogway

[@praem9597]

@@Yzaibatsu Thanks for the complete quote.

[@Grappa171]

One of the best videos of the channel and across KZbin. The professor was able to address and explain complex economic’s topics in a simple and understandable way for the average person. simply amazing, thanks for this. A hit on the like button is definitely mandatory for all of us. Well deserved.

[@sandyp.4103]

이런 시청자들의 눈높이에 맞는 잔잔하고도 알찬 인터뷰가 한국 방송에서도 많았으면 좋겠어요. 저는 경제학 전공했는데도 티비 뉴스프로그램이나 토론프로그램에 경제학 교수님들 나오셔서 말씀하시는 걸 들어보면 시간에 쫒기는 것도 있고, 특정 언론사마다 원하는 논조에 따라 사회자가 지나치게 끼어들다보니 교수님들도 대충 장단만 맞춰주시다 끝내시는 느낌이라.... 어떤 이슈든 싱겁게 겉만 핥는 듯한 아쉬움이 있었거든요. 양질의 인터뷰 정말 감사합니다! 30분 내내 중간중간 멈춰서 생각해가며 집중해서 들었네요 ;) 질문도 너무 좋았고 교수님께서도 정말 수업하시듯이 잘 설명해주셔서 좋았습니다. 앞으로도 이런 석학분들 인터뷰 많이 보고싶어요!

[@howfireburnswithpiperdaily968]

💜 Smartest, Kindest, Most Beautiful people Ive ever met. I will be back as soon as the world calms down! 안녕하세요 미국에서! 한 한국을 한 번 더보고 싶습니다. 💜

[@TheCoconutBlues]

Come come we love foreigners, at least the younger generation do.

[@howfireburnswithpiperdaily968]

@T L Oh if it were just that simple and whos white? Was that sarcasm? meh

[@jalfredprufrock620]

Mistranslations: 1:13 He's saying he started out as an analyst, not that he's still in the private sector. 2:04 "Fiscal" and monetary policies, not financial. 3:52 He's discussing expansionary fiscal stimulus here. "Printing money" is a type of monetary policy. They're related but different mechanisms. 9:27 TOTAL US household consumption as a percentage of GDP is 70% for the US vs. 48% for Korea, NOT just for services. 26:18 Confusing phrasing. He's saying the Korean government is using the threat of punitive tax rates to ensure compliance from the recipient firms of conditional financing. 30:52 He's not an analyst. He still wakes up at 4AM as a holdover from the time he used to be one.

[@armagan7417]

Thank you 🙏

[@xxnike0629xx]

Awesome you were able to get an interview with this man. I think I learned a lot about how COVID-19 actually impacts the economy.

[@praem9597]

You mean how the measures based on lies about the covid impacted the economy. Covid has a lower mortality rate than the flu. Please inform yourself. You re still on the old news.

[@yukuhana]

Wow, how did this guy remember all of numbers and percentages on a whim?! Amazing!!

[@Jon-br8co]

kind of his job...

[@therealzahyra]

Probably because he sees the numbers every day

[@JustForFunWithMe616]

Cos he doesn’t memorize them, he understands them

[@mortoriousgl6717]

Is his job, not even think when he speaks

[@nafeenafa9694]

@@JustForFunWithMe616 right.

[@guillermohernandezquintana3649]

I am located in South America, and was looking for an economic perspectives without the usual political or market biases. The interview to the professor Kim matched well with that expectation, and he also shares similar perspectives from Robert Shiller professor. Highly recommended. Thanks for these insightful interviews with recognized and humble professionals.

[@m.leilafatimtraore9843]

WOW! Thank you! I entered the Economic World last year with school, and trust me, I was totally lost. This year I didn't take the Economy as an option as I was in an international exchange program... I was scared about starting again next year, but your video just clarified me the basics and even gave me an idea for my school project!!! THANK YOU, ASIAN BOSS!!

[@11wizard]

He uses such a soothing voice to talk about such a terrifying situation

[@enNAMS07]

I literally take out my pen and write down new knowledge that I've got from the video like taking a class, except that I'm willing to take this class, unlike the others. Never disappointing from Asian Boss. Thank you!

[@Lele-lx7kp]

This is why i love watching asian boss.

[@praem9597]

Because you are a troll? Is that why?

[@praem9597]

@NoBodyy Sorry I m not. Are you a troll?

[@TonyKimtheamusementparkfan]

@@praem9597 I found the troll that is you, and you alone. Bye.

[@praem9597]

@@TonyKimtheamusementparkfan Why are you assuming? Its you who seems to be a paid agent? Are you workingbfor big pharma? Please dont assume, because the 59 Koreans who died after takingbthe flu vaccines also assumed maybe or probably thy were not informed about the danger of vaccines.

[@TonyKimtheamusementparkfan]

@@praem9597 Yeah yeah who tf cares about what you say? Such bs coming from someone who just wants the clout.

[@annwnfs]

I like the fact that he compared and talked about other countries, not only US and Korea. Giving more perspective.

[@eklairymoon6966]

I like this..i would like more people like him to be interviewed

[@flumestradamus]

Learned so much about how economics work from this interview. This is why I love Asian Boss. We get facts from experts without bias.

[@sabytique]

Whats your fav asian city? My one is Singapore, Hong Kong and KL

[@wacky6lalala]

Thank you so much Asian Boss for this very insightful interview with Professor Kim! We're truly living in unprecedented times. I'm scared but also hopeful for the future. All countries in the world living the same crisis, I just hope we will come out of this with a renewed sense of international unity and solidarity.

[@matthewmelange]

When you turn up the volume despite not speaking their language lol

[@joseyong]

Great reflection at the end of the interview; he gets paid for looking into the future, but knows that we can only control our present. Amazing interview

[@JC-sv8oe]

Very impressed with the interview! The amount of knowledge instilled in just 30 min is incredible. There's no bs, just plain fact and figures. Would love to have him as a teacher.

[@RNWatts]

This Economist made more sense than any economist on the MSM here in the UK. Probably because the MSM here interview ‘hack’ journalist rather than professionals!! Thank You for this insightful and honest interview that was delivered perfectly as if it was a friendly discussion.

[@nine4617]

This has to be one of my favorite videos from Asian Boss. Thank you so much for reaching out to an expert! Amazing content!

[@ngandang96]

Love Asian Boss, they not only bring up social issues but also try to educate us on other technical areas. I know somethings abt the economy but expert's explanations got me a quick and clear look. Where would we can get such open and thorough talks with experts like this?the media cant give us this bc of its formality. This section is extremely helpful for govs, businesses or ppl who might want to take st out of it. The Asian Boss is really stepping up their game that they can access ppl like this to give ppl information. On UBI I think there's risk and burden to it. I think most would be neither more lazy nor more motivated to work, they would just work the same and add it to their spendings or savings. It would create a burden for govs, or otherwise the rich would get taxed more for this UBI? I think govs should consider only giving this to those who are in low situation and really need it to bring themselves or their families up

[@googleuser3473]

Great interview Asian Boss! Steven also asked great questions! Keep up the great work!!!

[@ginnylin]

Koreans conditional financial aid to businesses make so much more sense than just giving businesses money and assuming they will do the right thing and not layoff their staff.

[@kimchee411]

Right? It's corporate welfare, plain and simple.

[@noellerzzzz]

omg this interview is amazing thank you asian boss!!

[@melbay6206]

This interview needs to be shared everywhere. It is so important to understand. Thank you Asian Boss for a fantastic interview piece

[@AR-rs3vd]

This was so informative in a condensed format, I enjoyed it very much. Such articulate and imaginative way of explaining things, congratulations, a job well done by the economist as well as the Asian Boss team!

[@RunningManNewbie]

bro, i never cared about ecos, but it watched this entire video - and it's really interesting! it shows that having the right teacher will make learning a fun experience

[@solatienza3767]

Thank You Asian Boss, Stephen for your good interviews and feature stories....US Media should learn from Asian Boss..pure clean information interview and always with a very human touch and profound message at the end.

[@karenn.5820]

El sentido del humor siempre es buen indicador de la inteligencia. Thnx always 🇩🇴❤️🇩🇴

[@ridgefrost]

I love asianboss because in a world of noise, confusion,aggression nd jus brain cell destroying content Asianboss always manages to provide organised intellectual content that only adds onto your knowledge rather than taking

[@viks599]

What an amazing interview and amazing to see how much knowledge and humbleness the economist has. :)

[@4leafclover536]

Learn a lot in this interview. Thank you Asian Boss!

[@gracesdiary3908]

I love listening to kind of talk. It's nice to learn about economics around the world from well knowledgable person who actually really do the research, calculations, prediction and etc.. Rather than listening to people that only learn from reading news, article.. Etc.Thank for making this video! 💜

[@naruine7631]

Probably this is my favorite video so far from you guys. It was educational and easy to understand. Keep up the good work!

[@jimmyhighroller5366]

Asian Boss is really stepping up with some great Korean interviews during Covid. I'm surprised we haven't seen any Japanese or Chinese as well though. Maybe you guys should just create a subchannel called Korean Boss cause the Korean team is crushing it right now.

[@kaboodledoodledoo]

This might not be the most popular video or "sexiest topic" to come out of Asian Boss but it's got to be one of the most important ones. Thanks for conducting this interview!

[@ribcyne2295]

I really like his vibe! It must be nice to be his daughter. Thank you, Asian Boss, for such a wonderful interview!

[@dirtywashedupsparkle]

So the poor are doomed, the middle-class become the new poor, the rich become very rich. Someone just freeze me till 2023.

[@mrn.d6992]

then another spark of war and revolt will arise

[@lingling2823]

The middle class will become poor? D: Am I going to starve

[@regnumcaelorum83]

it'll get worse by 2023 read the book of matthew repent, for the kingdom is at hand

[@regnumcaelorum83]

@@lingling2823 yes the apocalypse is coming prepare yourself and study the book of matthew

[@regnumcaelorum83]

@@CoolGuy_77777 don't scoff at my words and prepare for the day of god's wrath god will judge the world whether you believe it or not

[@hannahg1961]

This man was so well spoken and interesting he convinced me to get economics for dummies 🧐

[@harmony4075]

Wow. This guy is one in a million. Just amazing. I feel like I learned more from this 30 min interview than my entire schooling.

[@Tekvorian]

Such videos are the reason why I love Asian Boss so much. Very inspirational and informative. Thank you for being who you are!

[@myoungho12]

This was maybe the most profound and one of the best interviews so far. Thanks you.

[@willardSpirit]

This is better and more informative than most cable news networks.

[@lizli7920]

Great content. It's like having a review of my major in college. He's an economist with a heart. I hope you can feature him again in the near future. I hope he could give his personal advice to the governments as to what they could do to properly utilize their remaining funds instead of just going deeper into debt to bail out the economy.

[@SoraHachi99]

Thank you so much AsianBoss for this interview! I have been loving these long interviews since I get to learn a lot about things that I’m not very familiar with.

[@goldlilys]

Thank you again for interviewing another intelligent person. I've learned so much and refreshed my knowledge of how the economy works on a global scale. Will share it with my family and friends.

[@kuki544]

I learn so much from this Channel... Applause to the team..Now I'm worried about youth unemployment in India.Just when I'm at the age of searching and thriving for jobs,the world is facing crisis😣

[@elemeno82002]

this was a great interview. side note: the thumbnail for this video looks like a side by side image of steve in the present vs steve 30 years in the future

[@yolaoleo]

the professor really explain in a simple way that make people easy to understand. i love how humble he is

[@pinkforguys]

Really interesting and clear interview, thank you both to the interviewee and Stephen

[@anaduarte9451]

So interesting, a real class on economics ✌️

[@Eedorian]

One of the best interviews I've seen on this channel. Keep up the good work Asian Boss!

[@Jsmith1611]

The best interview on Asian Boss that I've seen so far!

[@kellyariesky]

grateful for another great content by Asian Boss. Thank you Asian Boss & Mr. Kim Young-ick !!

[@Netavi2009]

Not only top economist but wise man as well. It would be really interesting to hear him elaborating more on inequality topic, maybe in another video? Thanks a lot Asian Boss for enabling us to listen to very interesting speakers!

[@whatdoyouthink9510]

YES ANOTHER EPISODE OF KOREAN BOSS!!!!

[@forcexjr1566]

Times will be hard and things may never be the same. Multiple businesses have shut down permanently and economic structures around the world have changed. Still, we need to adapt, persevere and work together; things will definitely get better as days go by.

[@cjkcjk7]

one of the best interviews Steve.. well done

[@not_jasonlee]

One of the best interviews I have ever watched

[@Subsistancer]

Half an hour passed by quickly. This man is very good at explaining difficult issues in an understandable manner.

[@victoriacanillas6900]

THIS IS MY FAVOURITE VIDEO EVER! I learnt so much! Thank you

[@hanulhope]

Economic subject is one of the most boring subject way back then but this professor brought my interest into whole new level of learning... such a role model.. Thanks Asian boss for no non-sense questions, the interview is so straightforward, amazing and informative..

[@callalilly4743]

I stan a trustworthy news source. I feel grateful for all the hard work you guys do.

[@MiuMiuG]

What an informative interview. Lovely man and great insights. I especially appreciate his final words about his personal philosophy. Today is a gift - yes it is!

[@georgesam764]

As a Greek I feel privileged. Not that my country is safe. But that I know what is coming. We have been through it once we can do it again.

[@Karina_Engr]

I love Asian Boss. Great interview here. Side note, Finland did or is still doing a BI experiment as well. I’ll have to research if the results have been posted or analyzed yet.

[@earthshuman3864]

It will take one to three years for Every country to recover completely But after that we can hope that everything will be again same as before 2020

[@sb8095]

Actually it depends though, the amount of loss, Usa has gone through, I think it'll take around 5 years for Usa to recover.

[@leexingha]

@Jason Lee yeah virus do evolve so we don't know when and where the new virus will rise

[@js83]

@@sb8095 "take around 5 years for Usa to recover." Highly doubt it. By next year, US is going to look great...if Trump is reelected. Look deeper into it.

[@sabytique]

Prediction of another virus in 2030.

[@gundamburst]

Informative and great content. Keep up the great work!

[@shesdreamin4637]

I hope all students of commerce and related business subjects from around the globe can watch this video. Very informative.

[@ps5home]

He's a data man, knowing all relevant numbers.

[@JoyfulOne468]

I love all your interviews but this one is up on top as one of the best.

[@kojaru3569]

좋은 말씀 감사합니다. 잘 봤습니다. 어려운 시기에 어떻게 살아야할지 이런저런 고민을 해봐야겠네요.

[@Meau_be]

Oh my. The economist just looks like Stephen but older version

[@armagan7417]

LMAO " I'm you but better "

[@yujinjung317]

Thank you for the interview and I always enjoy to watch your channel and learn a lot! Thank you and take care all of you out there!

[@irenesemos3661]

Best interview. Thanks Asian Boss

[@Dadadajun]

Great analysis in Korea, 좋은내용 인터뷰 감사합니다 ,

[@ultimateincognitus8777]

Condition of economy is so strictly associated with the psychological factor of the masses. Really valuable lesson.

[@MsGoldsmeier]

Thank you for having this vid! Truly eye-opening and explains a lot about the moves/ decision made by the government, even here in Indonesia. I see that our gov't also adapted some policies that are being applied in Japan and Korea by injecting money to households and SME to stimulate the economy. Really helps me to understand the situation and do my part to the best that i could.