{"id":43540,"date":"2025-10-29T06:24:39","date_gmt":"2025-10-28T21:24:39","guid":{"rendered":"https:\/\/www.sanctionlab.com\/?p=43540"},"modified":"2025-10-30T05:52:44","modified_gmt":"2025-10-29T20:52:44","slug":"%ed%8f%b4-%ed%81%ac%eb%a3%a8%ea%b7%b8%eb%a8%bc-%ec%a0%95%ec%8b%a4-%ec%9e%90%eb%b3%b8%ec%a3%bc%ec%9d%98%eb%a1%9c-%ed%83%80%eb%9d%bd%ed%95%9c-%ec%bd%94%ec%9d%b8-%ec%8b%9c%ec%9e%a5-%ed%8a%b8","status":"publish","type":"post","link":"https:\/\/www.sanctionlab.com\/?p=43540","title":{"rendered":"\ud3f4 \ud06c\ub8e8\uadf8\uba3c “\uc815\uc2e4 \uc790\ubcf8\uc8fc\uc758\ub85c \ud0c0\ub77d\ud55c \ucf54\uc778 \uc2dc\uc7a5, ‘\ud2b8\ub7fc\ud504 \ud2b8\ub808\uc774\ub4dc’\uac00 \uc9c0\ubc30”"},"content":{"rendered":"
\ud3b8\uc9d1\uc790 \uc8fc: \ub2e4\uc74c \uae00\uc740 \ubbf8\uad6d\uc758 \uacbd\uc81c\ud559\uc790 \ud3f4 \ud06c\ub8e8\uadf8\uba3c(Paul Krugman)\uc774 substacks\uc5d0 \uc62c\ub9b0 \uce7c\ub7fc<\/a>\uc744 \uc694\uc57d \uc815\ub9ac\ud55c \uac83\uc784.<\/h6>\n
*\ud2b8\ub7fc\ud504 \ud2b8\ub808\uc774\ub4dc: \uc77c\ubc18\uc801\uc778 \ubb34\uc5ed\uc815\ucc45(trade policy) \uc758\ubbf8\uac00 \uc544\ub2cc, \uc815\uce58\uc801 \uae30\ub300\uac10\uc5d0 \uae30\ubc18\ud55c \ud22c\uc790\u00b7\uc2dc\uc7a5 \ud604\uc0c1\uc744 \ub73b\ud568. \uc989, \ud2b8\ub7fc\ud504\uc758 \uc815\uce58\uc801 \uad8c\ub825\uacfc \uc815\ucc45 \ubc29\ud5a5 \u2014\ud2b9\ud788 \uc554\ud638\ud654\ud3d0 \uc0b0\uc5c5\uc5d0 \ub300\ud55c \ud6c4\uc6d0, \uaddc\uc81c \uc644\ud654, \uc815\uc2e4\uc801 \ud2b9\ud61c\u2014 \uc5d0 \uc758\uc874\ud574 \uc6c0\uc9c1\uc774\ub294 \ud22c\uae30\uc801 \uc790\uc0b0 \uac70\ub798 \ud750\ub984\uc744 \uc758\ubbf8\ud568.<\/em><\/h6>\n

 <\/p>\n

\uc774\uc81c\ub294 \uba85\ubc31\ud568. \ub3c4\ub110\ub4dc \ud2b8\ub7fc\ud504\ub294 ‘CBS(Cowardly Bully Syndrome, \uac81\ub9ce\uc740 \ubd88\ub7c9\ubc30 \uc99d\ud6c4\uad70)’\uc5d0 \uc2dc\ub2ec\ub9ac\uace0 \uc788\uc74c. \uc9c0\ub09c 10\uc6d4 10\uc77c \ud2b8\ub7fc\ud504\ub294 \uc911\uad6d\uc758 \ud76c\ud1a0\ub958 \uc218\ucd9c \ud1b5\uc81c\ub97c ‘\ub3c4\ub355\uc801 \uce58\uc695’\uc774\ub77c\uace0 \ube44\ub09c\ud558\uba70, “\uadf8\ub4e4\uc774 \uc218\ub144 \uc804\ubd80\ud130 \uace0\uc548\ud55c \uacc4\ud68d\uc774 \ubd84\uba85\ud558\ub2e4\u201d\uace0 \uc8fc\uc7a5\ud588\uc74c. \uadf8\ub9ac\uace0 \uc774\ubbf8 \ub192\uc740 \uc218\uc900\uc758 \uae30\uc874 \uad00\uc138 \uc704\uc5d0 \uc911\uad6d\uc0b0 \uc81c\ud488\uc5d0 \ub300\ud574 100% \uad00\uc138\ub97c \ubd80\uacfc\ud558\uaca0\ub2e4\uace0 \uc704\ud611\ud568.<\/p>\n

\ud558\uc9c0\ub9cc \ubd88\uacfc \ud558\ub8e8\ub3c4 \uc9c0\ub098\uc9c0 \uc54a\uc544 \uadf8\ub294 \uad74\ubcf5\ud568. \ubd88\uacfc \uba87 \uc2dc\uac04 \ub9cc\uc5d0 \ud2b8\ub7fc\ud504\ub294 ‘\uc218\ub144 \uc804\ubd80\ud130 \uace0\uc548\ub41c \uacc4\ud68d’ \uc6b4\uc6b4\ud558\ub358 \ub9d0\uc5d0\uc11c “\uadf8\ub4e4\uc740 \uadf8\ub0e5 \uc7a0\uae50 \ub098\uc05c \uc21c\uac04\uc744 \uacaa\uc740 \uac83\ubfd0\u201d\uc774\ub77c\uba74\uc11c, ‘\ub3c4\ub355\uc801 \uce58\uc695’\uc774\uc5c8\ub358 \uc2dc\uc9c4\ud551\uc744 ‘\ub9e4\uc6b0 \uc874\uacbd\ubc1b\ub294 \uc2dc\uc9c4\ud551 \uc8fc\uc11d’\uc73c\ub85c \ubc14\uafd4 \ubd80\ub974\ub294 \ucd0c\uadf9\uc744 \uc5f0\ucd9c\ud568.<\/p>\n

\uc911\uad6d\uc740 \uc774 \ubaa8\uc2b5\uc744 \ubcf4\uba70 \ubc30\ub97c \uc7a1\uace0 \uc6c3\uace0 \uc788\uc744 \uac83\uc784. \ud2b8\ub7fc\ud504\uc758 \uc9c4\uc9dc \uc218\uc900\uc744 \uac04\ud30c\ud588\uace0, \uadf8\ub294 \ub9e4\uc6b0, \ub9e4\uc6b0 \ucd08\ub77c\ud558\uac8c \ubcf4\uc600\uc74c.<\/p>\n

\uac11\uc791\uc2a4\ub7ec\uc6b4 \uad74\uc695\uc758 \uc774\uc720<\/strong><\/h4>\n

\uadf8\ub807\ub2e4\uba74 \uc774\ub807\uac8c \ube60\ub974\uace0 \ube44\uad74\ud55c \ud6c4\ud1f4\uc758 \uc6d0\uc778\uc740 \ubb34\uc5c7\uc77c\uae4c?<\/p>\n

\ub098\ub294 \ud589\uc815\ubd80 \ub0b4 \uacbd\uc81c \uc804\ubb38\uac00\ub4e4\uc774 \ub0c9\uc815\ud788 \uc0c1\ud669\uc744 \ubd84\uc11d\ud55c \ub05d\uc5d0 \ubb34\uc5ed\uc804\uc7c1\uc5d0\uc11c \uc911\uad6d\uc774 \uc6b0\uc704\ub97c \uc810\ud560 \uac83\uc774\ub77c \uacb0\ub860 \ub0b4\ub838\uae30 \ub54c\ubb38\uc774\ub77c\uace0 \ubbff\uace0 \uc2f6\uc74c. \ud558\uc9c0\ub9cc \ud2b8\ub7fc\ud504 \ud589\uc815\ubd80\uc5d0\ub294 \uadf8\ub7f0 \uc804\ubb38\uac00\uac00 \uc5c6\uace0, \uc124\ub839 \uc788\ub2e4 \ud558\ub354\ub77c\ub3c4 \ud2b8\ub7fc\ud504\uac00 \ub4e3\uae30 \uc2eb\uc5b4\ud558\ub294 \ub9d0\uc744 \uac10\ud788 \uc804\ud560 \uc0ac\ub78c\uc774 \uc788\uc744 \ub9ac \uc5c6\uc74c.<\/p>\n

\uadf8\uac74 \uc544\ub2d0\uac83\uc784. \ub2e8\uc9c0 \ud2b8\ub7fc\ud504\ub294 \uac70\uc758 \ud655\uc2e4\ud788 \uc2dc\uc7a5 \ubc18\uc751\uc5d0 \ub180\ub77c\uc11c \uc6c0\uc9c1\uc778 \uac83\uc784.<\/p>\n

10\uc6d410\uc77c(\ubbf8\uad6d \ud604\uc9c0\uc2dc\uac01) \uc8fc\uc2dd\uc2dc\uc7a5\uc740 \uae09\ub77d\ud588\uc9c0\ub9cc, \uc815\ub9d0 \uc8fc\ubaa9\ud560 \ub9cc\ud55c \uc6c0\uc9c1\uc784\uc740 \uc554\ud638\ud654\ud3d0 \uc2dc\uc7a5\uc5d0\uc11c \ub098\ud0c0\ub0ac\uc74c. \ube44\ud2b8\ucf54\uc778\uc740 20% \ud3ed\ub77d\ud588\uace0, \ub354 \uc791\uace0 \uc720\ub3d9\uc131\uc774 \ub0ae\uc740 \ud1a0\ud070\ub4e4\uc740 \uadf8\ubcf4\ub2e4 \ub354 \ud070 \ub099\ud3ed\uc744 \ubcf4\uc600\uc74c. \uc608\ub97c \ub4e4\uc5b4\ubcf4\uc790\uba74, \uacf5\uc2dd ‘\ud2b8\ub7fc\ud504 \ucf54\uc778(Trump Coin)\u2019\uc758 \uac00\uaca9\uc774 \uc5b4\ub5bb\uac8c \ub418\uc5c8\ub294\uc9c0\ub97c \ubcf4\uba74 \uc54c \uc218 \uc788\uc74c.<\/p>\n

\ub610\ud55c \ud2b8\ub7fc\ud504 \ubcf8\uc778\ub3c4 \uc57d 8\uc5b57000\ub9cc \ub2ec\ub7ec(\uc57d 1\uc8702250\uc5b5\uc6d0)\uc5b4\uce58\uc758 \ube44\ud2b8\ucf54\uc778\uc744 \ubcf4\uc720\ud558\uace0 \uc788\ub294 \uac83\uc73c\ub85c \ucd94\uc815\ub418\ubbc0\ub85c, \uc774\ubc88 \uc554\ud638\ud654\ud3d0 \ud3ed\ub77d\uc73c\ub85c \ub9c9\ub300\ud55c \uac1c\uc778\uc801 \uc190\uc2e4\uc744 \uc785\uc5c8\uc74c.<\/p>\n

\uc774\ubc88\uc740 \uc554\ud638\ud654\ud3d0 \uc5ed\uc0ac\uc0c1 \ud558\ub8e8 \ucd5c\ub300 \ub099\ud3ed\uc744 \uae30\ub85d\ud55c \ub0a0\uc774\uc5c8\uc74c. \ud558\uc9c0\ub9cc \uc9c4\uc9dc \uad81\uae08\ud55c \uc810\uc740, \ubb34\uc5ed\uc804\uc7c1\uc774 \uaca9\ud654\ub420 \uac00\ub2a5\uc131\uc774 \uc65c \uc554\ud638\ud654\ud3d0 \ud3ed\ub77d\uc73c\ub85c \uc774\uc5b4\uc84c\ub294\uac00 \ud558\ub294 \uac83\uc784.<\/p>\n

\uacbd\uc81c\uac00 \uc544\ub2c8\ub77c \uc815\uce58\uc758 \ubb38\uc81c<\/strong><\/h4>\n

\uc774\uc0c1\ud558\uac8c\ub3c4 \uc774 \ubb38\uc81c\ub97c \ub2e4\ub8ec \uc5b8\ub860 \ubcf4\ub3c4\ub294 \uac70\uc758 \uc5c6\uc74c. \ub9ce\uc740 \ub9e4\uccb4\uac00 \uac15\uc81c \uccad\uc0b0(forced liquidation)\uc73c\ub85c \ud3ed\ub77d\uc774 \uac00\uc18d\ud654\ub410\ub2e4\uace0 \ubcf4\ub3c4\ud588\uc74c. \uc554\ud638\ud654\ud3d0 \ud22c\uc790\uc790 \uc0c1\ub2f9\uc218\uac00 \uacfc\ub3c4\ud55c \ub808\ubc84\ub9ac\uc9c0(\ucc28\uc785 \ud22c\uc790)\ub97c \ud558\uace0 \uc788\uc5c8\uace0, \uc5ec\ub7ec \ud3ec\uc9c0\uc158\uc774 \uac15\uc81c \uccad\uc0b0\ub418\uc5c8\uc73c\uba70, \uace0\ub798(whales) \u2014 \uc989, \ub300\ud615 \ud22c\uc790\uc790 \u2014 \uc911 \uc77c\ubd80\uac00 \ubd95\uad34\ud588\ub2e4\ub294 \ucd94\uce21\ub3c4 \ub098\uc654\uc74c.<\/p>\n

\uadf8\ub7ec\ub098 \uadfc\ubcf8\uc801\uc778 \uc758\ubb38\uc740 \uc5ec\uc804\ud788 \ub0a8\uc74c. \ubb34\uc5ed\uc804\uc7c1 \uc704\ud611\uc774 \ucc98\uc74c\ubd80\ud130 \uc65c \uc554\ud638\ud654\ud3d0 \uac00\uaca9 \ud558\ub77d\uc744 \ucd08\ub798\ud588\ub294\uac00?<\/p>\n

\ub0b4 \uc0dd\uac01\uc5d0 \uadf8 \uc774\uc720\ub294 \uacbd\uc81c\uc640\ub294 \uac70\uc758 \ubb34\uad00\ud558\uace0, \uc804\uc801\uc73c\ub85c \uc815\uce58\uc801\uc778 \ubb38\uc81c\uc784. \uc694\uc998 \uc554\ud638\ud654\ud3d0\uc758 \uac00\uce58\ub294 \uc8fc\ub85c \uc815\uce58\uc778\uacfc \uc815\ubd80 \uad00\ub8cc \u2014 \ud2b9\ud788 \ub1cc\ubb3c\uc744 \ubc1b\uc744 \uc218 \uc788\ub294 \uc790\ub4e4 \u2014 \uc758 \uc9c0\uc9c0\uc5d0 \uc758\ud574 \uc720\uc9c0\ub428. \uadf8 \uacb0\uacfc, \ud604\uc7ac \uc554\ud638\ud654\ud3d0\ub294 \uc0ac\uc2e4\uc0c1 ‘\ud2b8\ub7fc\ud504 \ud2b8\ub808\uc774\ub4dc(Trump Trade)\u2019\uac00 \ub418\uc5b4\ubc84\ub838\uc74c. \uadf8\ub9ac\uace0 \ubb34\uc5ed\uc804\uc7c1 \uc5ed\ud48d\uc73c\ub85c \ud2b8\ub7fc\ud504\uc758 \uc815\uce58\uc801 \uc785\uc9c0\uac00 \uc57d\ud654\ub420 \uac00\ub2a5\uc131\uc774 \uc0dd\uae30\uc790, \uc554\ud638\ud654\ud3d0 \uc2dc\uc7a5\uc774 \ud3ed\ub77d\ud55c \uac83\uc784.<\/p>\n

\uc554\ud638\ud654\ud3d0\uc758 \uac04\ub7b5\ud55c \uc5ed\uc0ac<\/strong><\/h4>\n

\ube44\ud2b8\ucf54\uc778\uc774\ub77c\ub294 \ucd5c\ucd08\uc758 \uc554\ud638\uc790\uc0b0\uc774 \ub4f1\uc7a5\ud588\uc744 \ub54c, \uc5f4\uc131\uc801\uc778 \uc9c0\uc9c0\uc790\ub4e4\uc740 \uadf8\uac83\uc774 \uc815\ubd80\uac00 \ubc1c\ud589\ud558\ub294 \ubc95\uc815\ud654\ud3d0\ub97c \ub300\uccb4\ud560 \uac83\uc774\ub77c\uace0 \uc8fc\uc7a5\ud588\uc74c. \ube14\ub85d\uccb4\uc778 \uae30\uc220 \ub355\ubd84\uc5d0 \uc554\ud638\ud654\ud3d0 \uac70\ub798\uac00 \ub2ec\ub7ec \uac70\ub798\ubcf4\ub2e4 \ub354 \uc27d\uace0 \ub354 \uc800\ub834\ud574\uc9c8 \uac83\uc774\uace0, \uc815\ubd80\uac00 \uc778\ud50c\ub808\uc774\uc158\uc73c\ub85c \ud1b5\ud654\ub97c \ud3c9\uac00\uc808\ud558\ud558\uc9c0 \ubabb\ud558\ubbc0\ub85c \ud654\ud3d0 \uac00\uce58\uac00 \uc9c0\ucf1c\uc9c8 \uac83\uc774\ub77c\uace0 \ubbff\uc5c8\uc74c.<\/p>\n

\ud558\uc9c0\ub9cc, \uadf8\ub85c\ubd80\ud130 15\ub144 \uc774\uc0c1\uc774 \uc9c0\ub0ac\uc9c0\ub9cc \uc774 \uc57d\uc18d\ub4e4\uc740 \uc804\ud600 \uc2e4\ud604\ub418\uc9c0 \uc54a\uc558\uc74c. \uac70\uc758 \uc544\ubb34\ub3c4 \uacb0\uc81c\uc218\ub2e8\uc73c\ub85c \uc554\ud638\ud654\ud3d0\ub97c \uc0ac\uc6a9\ud558\uc9c0 \uc54a\uc74c. \uce94\uc790\uc2a4\uc2dc\ud2f0 \uc5f0\ubc29\uc900\ube44\uc740\ud589(Federal Reserve Bank of Kansas City)\uc758 \ucd5c\uadfc \uc5f0\uad6c\uc5d0 \ub530\ub974\uba74 “\uc0c1\ud488 \uad6c\ub9e4\ub098 \uc1a1\uae08 \ub4f1 \uc5b4\ub5a4 \ud615\ud0dc\ub85c\ub4e0 \uc554\ud638\ud654\ud3d0\ub97c \uacb0\uc81c\uc5d0 \uc0ac\uc6a9\ud558\ub294 \ubbf8\uad6d \uc18c\ube44\uc790\uc758 \ube44\uc728\uc740 \ub9e4\uc6b0 \ub0ae\uc73c\uba70, \ucd5c\uadfc \uba87 \ub144\uac04 \uc624\ud788\ub824 \uc18c\ud3ed \uac10\uc18c\ud588\ub2e4\u201d \uace0 \ub098\uc634.<\/p>\n

\ud22c\uae30, \ubc94\uc8c4, \uadf8\ub9ac\uace0 \ub3c8\uc138\ud0c1\uc758 \uc218\ub2e8<\/strong><\/h4>\n

\uadf8\ub7fc\uc5d0\ub3c4 \ubd88\uad6c\ud558\uace0 \ub300\uc911\uc740 \uc57d 4\uc870 \ub2ec\ub7ec(\uc57d5760\uc870\uc6d0) \uaddc\ubaa8\uc758 \uc554\ud638\uc790\uc0b0\uc744 \ubcf4\uc720\ud558\uace0 \uc788\uc74c. \uadf8 \uc774\uc720\ub294 \ub300\ubd80\ubd84 \uc21c\uc218\ud55c \ud22c\uae30 \ud22c\uc790\uc774\uae30 \ub54c\ubb38\uc784. \uac8c\ub2e4\uac00 \uc554\ud638\ud654\ud3d0\ub294 \uc2e4\uc81c\ub85c \ubc94\uc8c4 \ud65c\ub3d9\uacfc \uc790\uae08\uc138\ud0c1\uc758 \ud3b8\ub9ac\ud55c \ub3c4\uad6c\ub85c\ub3c4 \ud65c\uc6a9\ub418\uace0 \uc788\uc74c. \uc2e4\uc81c\ub85c \uc55e\uc11c \uc5b8\uae09\ud55c \uce94\uc790\uc2a4\uc2dc\ud2f0 \uc5f0\uc900 \ubcf4\uace0\uc11c\ub294 \uc0ac\ub78c\ub4e4\uc774 \uc554\ud638\ud654\ud3d0\ub85c \uacb0\uc81c\ud558\ub294 \uac00\uc7a5 \uc911\uc694\ud55c \uc774\uc720\ub85c “\uac70\ub798 \uc0c1\ub300\ubc29(\uac1c\uc778 \ub610\ub294 \uae30\uc5c5)\uc774 \uc554\ud638\ud654\ud3d0\ub97c \uc120\ud638\ud588\uae30 \ub54c\ubb38\u201d\uc744 \uaf3d\uc558\ub2e4\uace0 \ubc1d\ud798.<\/p>\n

\uc989, \ub2f9\uad6d\uc758 \uac10\uc2dc\ub97c \ud53c\ud558\uae30 \uc704\ud574\uc11c \uc554\ud638\ud654\ud3d0\ub97c \uc120\ud638\ud55c \uacbd\uc6b0\uac00 \ub9ce\uc558\ub2e4\ub294 \uac83\uc740 \uc5b4\ub835\uc9c0 \uc54a\uac8c \uc9d0\uc791\ud560 \uc218 \uc788\uc74c.<\/p>\n

\u2018\ubbfc\uac04\ud654\ud3d0\u2019\ub77c\ub294 \uc2e0\uae30\ub8e8\uc640 \ud2b8\ub7fc\ud504\uc758 \uc815\uce58\uacbd\uc81c<\/strong><\/h4>\n

\ud55c\ub54c \uc554\ud638\ud654\ud3d0 \uc9c0\uc9c0\uc790\ub4e4\uc740 \uc815\ubd80\uc758 \ud1b5\uc81c\uc5d0\uc11c \ubc97\uc5b4\ub09c \uc790\uc720\ub85c\uc6b4 \ubbfc\uac04\ud654\ud3d0\ub97c \uafc8\uafb8\uc5c8\uc74c. \uadf8\ub7ec\ub098 \uc9c0\uae08 \uc554\ud638\ud654\ud3d0 \uac00\uaca9\uc744 \uc9c0\ud0f1\ud558\ub294 \uac00\uc7a5 \ud070 \uc694\uc778\uc740 \uc624\ud788\ub824 \uc815\ubd80, \ud2b9\ud788 \ud2b8\ub7fc\ud504 \ud589\uc815\ubd80\uc758 \uc815\uce58\uc801 \ud6c4\uc6d0 \uae30\ub300\uac10\uc784. \ud2b8\ub7fc\ud504 \uc77c\uac00\ub294 \uc554\ud638\ud654\ud3d0 \ud310\ub9e4\ub85c \uc218\uc2ed\uc5b5 \ub2ec\ub7ec\uc758 \uc774\uc775\uc744 \uac70\ub450\uc5c8\uace0, \uacf5\ud654\ub2f9\uc740 \uc554\ud638\ud654\ud3d0 \uc5c5\uacc4\ub85c\ubd80\ud130 \uc218\uc5b5 \ub2ec\ub7ec\uc758 \uc120\uac70\uc790\uae08\uc744 \ubc1b\uc558\uc74c. \ub530\ub77c\uc11c \ud2b8\ub7fc\ud504\uac00 \uc7ac\uc784 \uc911 \uc774 \uc0b0\uc5c5\uc744 \uc801\uadf9 \uc721\uc131\ud560 \uac83\uc774\ub77c\ub294 \ubbff\uc74c\uc774 \ud37c\uc838 \uc788\uc74c.<\/p>\n

\uc989,
\n\u2022 \uc2a4\ud14c\uc774\ube14\ucf54\uc778 \uc704\ud5d8\uc744 \uc81c\ud55c\ud560 \uaddc\uc81c\ub294 \uc5c6\uc744 \uac83,
\n\u2022 \uc554\ud638\ud654\ud3d0\ub97c \ubc94\uc8c4\uc5d0 \uc545\uc6a9\ud558\ub294 \ud589\uc704\ub97c \uc81c\uc5b4\ud558\uae30 \uc704\ud55c \uc9c4\uc9c0\ud55c \ub2e8\uc18d\ub3c4 \uc5c6\uc744 \uac83\uc784.<\/p>\n

\uac8c\ub2e4\uac00 \ud2b8\ub7fc\ud504\ub294 ‘\uc804\ub7b5\uc801 \uc554\ud638\ud654\ud3d0 \ube44\ucd95\uae30\uad00(Strategic Crypto Reserve)’\uc744 \ucc3d\uc124\ud558\uaca0\ub2e4\uace0 \uacf5\uc5b8\ud568. \ubb3c\ub860 \ud615\uc2dd\uc0c1 \uadf8 \ube44\ucd95\uc740 \ubc94\uc8c4\uc790\uc5d0\uac8c\uc11c \uc555\uc218\ud55c \uc554\ud638\ud654\ud3d0\ub85c \uad6c\uc131\ub41c\ub2e4\uace0 \ud558\uc9c0\ub9cc, \uc2e4\uc9c8\uc801\uc73c\ub85c\ub294 \uc2dc\uc7a5\uc5d0 \ub9e4\ub3c4\ub418\uc9c0 \uc54a\uac8c \ud568\uc73c\ub85c\uc368 \uc554\ud638\ud654\ud3d0 \uac00\uaca9\uc744 \uc9c0\ud0f1\ud558\ub294 \ud6a8\uacfc\ub97c \uac16\uac8c \ub428.<\/p>\n

‘\ud2b8\ub7fc\ud504 \ud2b8\ub808\uc774\ub4dc\u2019\ub85c\uc11c\uc758 \ube44\ud2b8\ucf54\uc778<\/strong><\/h4>\n

\uc774\ucc98\ub7fc \uace0\uc704 \uc815\uce58\uc801 \uc9c0\uc6d0 \uac00\ub2a5\uc131\uc774 \uc788\uc5c8\uae30 \ub54c\ubb38\uc5d0 2024\ub144 11\uc6d4 \ud2b8\ub7fc\ud504\uac00 \ub2f9\uc120\ub418\uc790 \ube44\ud2b8\ucf54\uc778\uacfc \ub2e4\ub978 \ud1a0\ud070 \uac00\uaca9\uc774 \uae09\ub4f1\ud568. \uc9c0\uae08 \uc2dc\uc810\uc5d0\uc11c \ube44\ud2b8\ucf54\uc778\uc740 \uc0ac\uc2e4\uc0c1 \ud2b8\ub7fc\ud504 \ud2b8\ub808\uc774\ub4dc(Trump trade)\ub77c \ud560 \uc218 \uc788\uc74c. \ubbfc\uc8fc\ub2f9\uc774 \uc774 \uc0b0\uc5c5\uc5d0 \uac19\uc740 \uc218\uc900\uc758 \ud638\uc758\ub97c \ubcf4\uc77c \uac83\uc774\ub77c\uace0 \uae30\ub300\ud560 \uc218\ub294 \uc5c6\uae30 \ub54c\ubb38\uc784.<\/p>\n

\ub098\ub294 \uacfc\uac70 \ube44\ud2b8\ucf54\uc778\uc5d0 \ub300\ud55c \ub17c\ub9ac\ub97c ‘\uae30\uc220 \uc6a9\uc5b4\uc758 \uc758\ubbf8\uc5c6\ub294 \ub098\uc5f4(technobabble, \uae30\uc220 \uc804\ubb38\uc6a9\uc5b4\ub85c \uac00\ub4dd\ud55c \ub09c\ud574\ud55c \ub9d0\ud22c)\u2019\uacfc ‘\ub9ac\ubc84\ud14c\ub9ac\uc5b8 \ud5db\uc18c\ub9ac(libertarian derp, \uc790\uc720\uc9c0\uc0c1\uc8fc\uc758\uc801 \uc2e0\ub150\uc5d0 \uc0ac\ub85c\uc7a1\ud600 \ud604\uc2e4\uc744 \ubb34\uc2dc\ud55c \ud5c8\ud669\ub41c \uc8fc\uc7a5)\u2019\uc758 \uacb0\ud569\uc774\ub77c\uace0 \ud45c\ud604\ud55c \ubc14 \uc788\uc74c. \uadf8 \uc0dd\uac01\uc740 \uc5ec\uc804\ud788 \ubcc0\ud568\uc5c6\uc74c.<\/p>\n

\ub2e4\ub9cc \uc9c0\uae08\uc740 \uc5ec\uae30\uc5d0 \ud558\ub098\ub97c \ub354 \ucd94\uac00\ud574\uc57c \ud568 \u2014 \uc554\ud638\ud654\ud3d0 \uc0b0\uc5c5\uc740 \uc815\uc2e4\uc790\ubcf8\uc8fc\uc758\uc758 \uc0c8\ub85c\uc6b4 \uccb4\uc81c \uc544\ub798\uc11c \ucd5c\ub300 \uc218\ud61c\uc790\uac00 \ub418\uc5c8\uc74c. \uc774 \uccb4\uc81c\uc5d0\uc11c\ub294 \ud55c \uc0b0\uc5c5\uc758 \uc131\ud328\uac00 \uadf8 \uc0b0\uc5c5\uc774 \uc5bc\ub9c8\ub098 \uc801\uc808\ud55c \uc0ac\ub78c\ub4e4\uc5d0\uac8c \ub1cc\ubb3c\uc744 \uc904 \uc218 \uc788\ub290\ub0d0\uc5d0 \ub2ec\ub824 \uc788\uc74c.<\/p>\n

\uacb0\ub860: \uc65c \uc554\ud638\ud654\ud3d0\ub294 \ud3ed\ub77d\ud588\ub098<\/strong><\/h4>\n

\ub530\ub77c\uc11c \ud2b8\ub7fc\ud504\uac00 \uc911\uad6d\uacfc\uc758 \uc804\uba74 \ubb34\uc5ed\uc804\uc7c1\uc744 \uc704\ud611\ud588\uc744 \ub54c \uc554\ud638\ud654\ud3d0\uac00 \ud3ed\ub77d\ud55c \uc774\uc720\ub294 \uadf8 \uc804\uc7c1\uc73c\ub85c \uc778\ud55c \uacbd\uc81c\uc801 \ud53c\ud574 \ub54c\ubb38\uc774 \uc544\ub2d8. \uc560\ucd08\uc5d0 \uc554\ud638\ud654\ud3d0\ub294 \ud569\ubc95\uc801 \uacbd\uc81c\ud65c\ub3d9\uc5d0\uc11c \uac70\uc758 \uc4f0\uc774\uc9c0 \uc54a\uae30 \ub54c\ubb38\uc784. \uc9c4\uc9dc \uc774\uc720\ub294 \uadf8 \uc804\uc7c1\uc774 \ud2b8\ub7fc\ud504\uc758 \uc815\uce58\uc801 \uae30\ubc18\uc744 \ub354\uc6b1 \uc57d\ud654\uc2dc\ud0ac \uac00\ub2a5\uc131 \ub54c\ubb38\uc784.<\/p>\n

\ubbf8\uad6d\uc774 \uac70\uc758 \ud655\uc2e4\ud788 \ud328\ubc30\ud560 \uadf8\ub7f0 \ubb34\uc5ed\uc804\uc7c1\uc740 \ud2b8\ub7fc\ud504\uc758 \uc9c0\uc9c0\uc728\uc744 \ub354 \uae4a\uc740 \uc218\ub801\uc73c\ub85c \ubc00\uc5b4 \ub123\uc744 \uac83\uc774\uace0, \uadf8 \uacb0\uacfc \uc5ed\uc0ac\uc0c1 \uac00\uc7a5 \ubd80\ud328\ud55c \ud589\uc815\ubd80\uac00 \uc790\uc2e0\uc744 \ubd80\uc720\ud558\uac8c \ub9cc\ub4e0 \uc0b0\uc5c5 \u2014 \uc989 \uc554\ud638\ud654\ud3d0 \uc5c5\uacc4 \u2014 \uc5d0 \ud2b9\ud61c\ub97c \ud37c\ubd93\ub294 \ub2a5\ub825\uc774 \uc57d\ud654\ub420 \uac83\uc774\uae30 \ub54c\ubb38\uc784.<\/p>\n

<\uc800\uc790\uc18c\uac1c>
\n\ud3f4 \ud06c\ub8e8\uadf8\uba3c(Paul Krugman)
\n-\ub274\uc695 \uc2dc\ub9bd\ub300 \uacbd\uc81c\ud559 \uad50\uc218
\n-2008\ub144 \ub178\ubca8 \uacbd\uc81c\ud559\uc0c1 \uc218\uc0c1<\/p>\n

(1\ub2ec\ub7ec=1439\uc6d0)<\/p>\n","protected":false},"excerpt":{"rendered":"

\ud3b8\uc9d1\uc790 \uc8fc: \ub2e4\uc74c \uae00\uc740 \ubbf8\uad6d\uc758 \uacbd\uc81c\ud559\uc790 \ud3f4 \ud06c\ub8e8\uadf8\uba3c(Paul Krugman)\uc774 substacks\uc5d0 \uc62c\ub9b0 \uce7c\ub7fc\uc744 \uc694\uc57d \uc815\ub9ac\ud55c \uac83\uc784. *\ud2b8\ub7fc\ud504 \ud2b8\ub808\uc774\ub4dc: \uc77c\ubc18\uc801\uc778 \ubb34\uc5ed\uc815\ucc45(trade policy) \uc758\ubbf8\uac00 \uc544\ub2cc, \uc815\uce58\uc801 \uae30\ub300\uac10\uc5d0 \uae30\ubc18\ud55c \ud22c\uc790\u00b7\uc2dc\uc7a5 \ud604\uc0c1\uc744 \ub73b\ud568. \uc989, \ud2b8\ub7fc\ud504\uc758 \uc815\uce58\uc801 \uad8c\ub825\uacfc \uc815\ucc45 \ubc29\ud5a5 \u2014\ud2b9\ud788 \uc554\ud638\ud654\ud3d0 \uc0b0\uc5c5\uc5d0 \ub300\ud55c \ud6c4\uc6d0, \uaddc\uc81c \uc644\ud654, \uc815\uc2e4\uc801 \ud2b9\ud61c\u2014 \uc5d0 \uc758\uc874\ud574 \uc6c0\uc9c1\uc774\ub294 \ud22c\uae30\uc801 \uc790\uc0b0 \uac70\ub798 \ud750\ub984\uc744 \uc758\ubbf8\ud568.   \uc774\uc81c\ub294 \uba85\ubc31\ud568. \ub3c4\ub110\ub4dc […]<\/p>\n","protected":false},"author":3,"featured_media":42629,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[607,4,612,609,1,604,614,8],"tags":[7774,226,225,214,7781],"class_list":{"0":"post-43540","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ai-coin","8":"category-sanction","9":"category-usa","10":"category-analysis","11":"category-money-laundering","12":"category-export","13":"category-china","14":"category-compliance","15":"tag-7774","16":"tag-226","17":"tag-225","18":"tag-214","19":"tag-7781"},"yoast_head":"\n\ud3f4 \ud06c\ub8e8\uadf8\uba3c "\uc815\uc2e4 \uc790\ubcf8\uc8fc\uc758\ub85c \ud0c0\ub77d\ud55c \ucf54\uc778 \uc2dc\uc7a5, '\ud2b8\ub7fc\ud504 \ud2b8\ub808\uc774\ub4dc'\uac00 \uc9c0\ubc30" SanctionLab<\/title>\n<meta name=\"description\" content=\"\uc774\uc81c\ub294 \uba85\ubc31\ud568. \ub3c4\ub110\ub4dc 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