The credit loan service

When I heard about our loan services from the presenter, I thought we have many kinds of loan servicing businesses in Korea. And I realized the interest rates are too high for us. Many poor people borrow money from private lenders. And most of the people have no capability to pay back the money and they know the high interest rates as well. If so, why do they borrow the money from the private lenders? It is quite hard to understand for me.

However, when I turned on TV, I could understand somewhat why they borrow the money from the private lenders. The reason is that we can see a lot of commercial advertisements on TV. Also we can find a lot of commercial advertisements at any time, and anywhere, besides on TV. The commercial advertisements tell us they always loan money to anybody easily and quickly. Nowadays, we can borrow money by using mobile and internet from them and it doesn’t even take an hour. They explain a lot of options by using the commercial advertisements. That’s why many people consider this way. If someone who doesn’t have capability to pay back money borrows a lot of money from private lender and he didn’t pay back the money in time, the private lender may harass him or hire illegal collections. This situation will be getting worse over and over.

Therefore, I think the Government should take a step to prevent this situation. What if the Government let the private lenders use less the commercial advertisements? I think if that happened, our loan problem may be reduced.

2018 PyeongChang Winter Olympics

I still remember that a lot of Korean were stamping and cheering on July 7 this year. When PyeongChang was chosen by the International Olympic Committee for 2018 Winter Olympics, our citizen shouted for joy, especially PyeongChang’s citizen. It was third time to bid for hosting Winter Olympics and finally they made it! Many people think that there are a lot of advantages of hosting Winter Olympics. But on the contrary, there are a lot of disadvantages of hosting Winter Olympics as well.

First of all, we will construct many stadiums and facilities for only the Olympic game by our taxes. Some people may say we can use it for a long time after the event ends. However, we can use most facilities only winter and also the cost of maintenance is really expensive. Also, the government said that they will construct a railroad from Incheon airport to PyongChang. It will also need a lot of cost for maintenance. If many people don’t use those facilities and the railroad after the event, we will have a big deficit every year. This means we should pay a lot of taxes over and over.

Thus, we need to set a plan after the event. For example, we can hold winter event every year in Pyeongchang and we should make PyeongChang to tourist attraction. We can hold many competitions that can be held all the year around like ice hockey, skating competition or curling. In addition, foreign visitors can stay at a cheap price because we have a lot of accommodations. If we advertise our service abroad in English, foreign visitor will come into our nation.

The Amazon Area

When I heard the agreements and disagreements about the development of Amazon area, I thought it is really complicated problem. For us, the development shouldn’t be progressed anymore. Because it’s destroying our world where we live now and for ever. The Amazon plays a key role in the global warming process and some Scientists are said that the destruction of the Amazon could lead to climatic chaos. Without the Amazon, we cannot survive for a long time.

However, some Amazon residents want their area to be developed more than now because they live in poor surrounding. Everybody wants to live in affluence. Most of residents who live near the Amazon River are native. They couldn’t get any education, medical treatment and so on. If they educated about medicine, the death rate from a slight illness like malaria, snake venom, appendectomy will be decreased dramatically.

So, I believe that we should development only a basic industry and tourist industry for their life. Also we should protect the Amazon area from deforestation or urban growth. The governments which are included in the Amazon area need to have a discussion with the residents for that area. If the governments have to develop some area even though the residents don’t agree, they must compensate for them in some way or other. Or they have to designate some area as a development restricted area like our green belt.

Then, they can protect their valuable area and make their life better. In addition, our awareness for the Amazon is also important. We need to think not only our country, but also our world.