The Korean Economy Is “Recovering,” Which Apparently Means Semiconductors Are Carrying Everyone Like a Tired Group Project
If you listen carefully to the latest monthly assessment from Korea Development Institute , you can almost hear the collective clearing of throats. The Korean economy, we’re told, is gradually recovering . Not charging ahead. Not rebounding. Not roaring back. Just… recovering. Gradually. Carefully. Politely. Like someone getting up from a chair after pretending their knee doesn’t hurt. According to the report, industrial production is inching forward, consumption is doing its part, exports are looking lively again, and employment hasn’t entirely fallen through the floor. The catch, of course, is that one of the largest pillars of any modern economy—construction—has collapsed into a heap and is still lying there, unmoving, while everyone else debates whether to step over it or pretend it’s just resting. Welcome to the 2026 version of economic optimism: things are technically improving, as long as you don’t look too closely at the parts that aren’t. Semiconductors: Because Someone Ha...