My husband posted this video for my Korean families. Thank you. We love you!

Great analysis. Govt spending reminds me of caloric intake in a way- Cutting out bad calories without replacing them with good ones causes a deficit and the body will shrink. Cutting wasteful M2 is good as long as it is backfilled with other liquidity, otherwise the market and tax receipts shrink.

I suspect the entire effort will have limited success. There will be some headline wins but the spending will continue regardless.