September 12, 2020-1248th- Finding a Breakthrough in COVID-19 with Heo Kyeong-yeong__
Character Profiles
허경영 (**Heo Kyung-young**) | Speaker | Claims to be a divine figure with solutions for national and global issues, including economic crises and the COVID-19 pandemic. He asserts his ability to resolve problems that conventional politicians and economists cannot.
박근혜 (Park Geun-hye) | Former President of South Korea | Mentioned in the context of Heo Kyung-young’s past predictions about her presidency.
김대중 (Kim Dae-jung) | Former President of South Korea | Mentioned in the context of the card crisis during his presidency.
노무현 (Roh Moo-hyun) | Former President of South Korea | Mentioned in the context of the card crisis during his presidency.
트럼프 (Trump) | Former President of the United States | Mentioned in the context of his re-election strategy during the COVID-19 pandemic.
코로나 확진자 (COVID-19 Patient) | Individual who visited 하늘궁 (Haneulgung) | A person who visited Haneulgung while infected with COVID-19, leading to a controversy about false media reports.
Scene-by-Scene Summary
#1 (00:00:00) Introduction to the COVID-19 Breakthrough
Heo Kyung-young welcomes the audience and states that the world is struggling to find a breakthrough for COVID-19, warning of a potential economic collapse worse than the IMF crisis .
He claims that no politician or individual in Korea can solve this problem, emphasizing that anyone who thinks otherwise is mistaken .
He criticizes past economists for failing to prevent the IMF crisis, which was caused by a mere 22 trillion won deficit, calling their inability to resolve it “pathetic” .
He expresses his dismay at the shortsightedness of human intellect, comparing people to “primitives” .
#2 (00:02:45) Analysis of Household and National Debt
Heo Kyung-young highlights that Korea’s household debt is the highest in the world at 97.9% of GDP, equivalent to 1,600 trillion won .
He contrasts this with Japan, where national debt is 238% of GDP, but private debt is only 57%, indicating that Japan has shifted the burden from individuals to the state through quantitative easing .
He criticizes the Korean government for maintaining a low national debt (40% of GDP) while burdening citizens with high household debt, resulting in 100 trillion won in annual interest payments .
He argues that this policy funnels money to banks and benefits a few financial figures, unlike Japan where financial professionals are not prioritized .
He expresses frustration with politicians who allow individuals to bear such heavy interest burdens, leading to business closures, loss of deposits, and increased suicides .
He points out that Korea has the highest suicide rate and household debt increase rate in the world, questioning why politicians are not addressing these issues .
He notes that many suicides are family suicides, driven by an inability to cope with financial hardship, contrasting this with COVID-19 patients who die in hospitals .
#3 (00:09:00) Heo Kyung-young’s Unique Abilities and Vision
Heo Kyung-young asserts that he is not an ordinary person and possesses all the secrets to saving the nation .
He criticizes economic officials who only studied numbers in the US and lack real-world economic experience, contrasting this with his own experience managing large organizations .
He claims his intellect is extraordinary, implying that his lectures are too profound for typical academic settings like Harvard or Seoul National University .
He states he would reject honorary doctorates from such institutions, as his vision extends to creating a “Mega-University” in Cheongju with a million students, attracting scholars worldwide .
He envisions himself lecturing on physics and cosmology, including dark matter, drawing global academics to Korea .
He introduces concepts like cloning individuals at age 20, preserving their youth, and transferring souls upon accidental death, suggesting a path to eternal life .
He claims to possess the technology to fix telomeres and create seeds that can track the sun, demonstrating his superior scientific knowledge .
He describes the universe as a cyclical game of creation and destruction, where human civilization repeatedly returns to zero, implying that conventional scientific progress is limited .
He explains that the universe is composed of mass and energy, which ultimately breaks down into energy, further divided into wave and particle properties .
He criticizes scientists for not fully understanding the fusion of wave and particle properties, citing examples of various “waves” (sound, electromagnetic, spiritual) that are invisible but impactful .
He states that energy further divides into quantum, electron, neutron, and photon, and that his mind can manipulate these, even traveling through time and space .
He claims to bestow “angels” upon people, asserting that his presence can make Korea the wealthiest nation .
#4 (00:19:50) Solutions for Economic Crisis: Quantitative Easing and National Dividend
Heo Kyung-young proposes that Korea needs quantitative easing to resolve its economic crisis, which he believes only he can implement .
He suggests that if Korea overcomes the COVID-19 crisis, the world will follow its methods .
He compares Korea’s economic situation to Europe, where countries using the Euro have an average household debt of 50% and national debt of 80%, indicating a trend of governments increasing spending to reduce private debt .
He argues that the world is now following Keynesian economic theory, where the state plays a leading role in the economy, leading to increased national debt .
He cites Japan’s 8,000 trillion yen quantitative easing as an example of increasing national debt to reduce private debt .
He outlines his plan as president: replace all currency with his face on it, eliminating 1,000 trillion won in underground funds, which would then be distributed to the public .
He also plans another 1,000 trillion won in quantitative easing by having the central bank monetize government bonds, increasing national debt but eliminating private debt .
He criticizes the current system where citizens pay 100 trillion won in annual interest on household debt, leading to foreclosures and financial ruin .
He proposes giving 100 million won to every citizen aged 18 and above, which would eliminate all household debt and the annual 100 trillion won in interest payments .
He suggests that this would allow people to live freely, even as “bohemians,” receiving 1.5 million won per person monthly, totaling 7.5 million won for a family of five .
He questions the purpose of people’s current struggles, stating that their hard work only benefits banks and leaves them with nothing .
He promises a “paradise” with him, where people can work if they choose, and jobs will be abundant .
He reiterates that solving Korea’s economic problems is simple for him, requiring only a 10-minute meeting with relevant ministers .
He believes that increasing national debt is temporary and will decrease in value over time, while household debt continues to grow like a snowball, leading to more suicides .
He questions why leaders are not addressing this, highlighting his own consistent popularity and high approval ratings among young people on social media .
He compares his social media influence to major news outlets and politicians, showing his high ranking .
He reminds the audience of his past accurate predictions about former President Park Geun-hye’s downfall, asserting his credibility .
He points out that the US has a household debt of 75% and national debt of 105%, suggesting that Korea can also increase its national debt to solve its problems .
He emphasizes that quantitative easing is essential to prevent national collapse, reduce suicide rates, and alleviate public suffering .
He criticizes the card crisis during Kim Dae-jung’s presidency, where easy credit led to massive household debt, and the subsequent gambling addiction during Roh Moo-hyun’s term as people tried to pay off card debts .
He argues that the 22 trillion won IMF crisis could have been easily solved by “rolling over” debt like credit cards .
He criticizes the government’s current approach of providing small relief funds (2-5 million won) as insufficient, comparing it to giving a spoonful of water to a parched person .
He asserts that his quantitative easing plan, which involves distributing 100 million won per person, would not cause inflation or currency devaluation, as the money would go directly to citizens and stimulate the economy .
He expresses extreme frustration with politicians who offer inadequate solutions, stating he feels like committing suicide .
He criticizes the timing of relief payments, often made just before elections, and mentions Trump’s strategy of distributing money during his re-election campaign .
He suggests that the CIA has extensive information on politicians, including health records, which could be used against them .
He questions the suspicious relationship between Korean financial institutions and politicians, which he believes leads to policies that burden citizens with interest .
He calls for a radical change, stating that he would transform Korea within 10 minutes of becoming president, implementing his policies immediately .
He dramatically states he would place a gun on his desk as president, symbolizing his commitment to saving the nation or dying trying .
#5 (00:48:00) Global Economic Comparisons and Heo Kyung-young’s Philosophy
Heo Kyung-young presents China’s economic model, characterized by a household debt of 58% and national debt of 47%, as a “planned economy” that is stable and unique .
He notes that China is a creditor nation, holding many bonds from countries like the US, Japan, and Korea, unlike the US and Japan, which are debtor nations .
He reiterates that Korea’s high household debt increase rate and low national debt are problematic, suggesting that the nation is exploiting its citizens .
He claims to be a “ghost of numbers” and sees through the tricks of Korean politicians .
He emphasizes the need to increase national debt and decrease household debt .
He suggests that watching his YouTube videos will lead to financial benefits and the disappearance of debt, implying his divine power .
He asserts that he will run in the next presidential election and that no one should discuss economics or management in front of him, as he is the ultimate authority on “management” (경영) .
He defines the ultimate goal of management as realizing “public justice” (공의) and “social justice” (정의), promoting harmony, communication, and consideration among humanity .
He adds that peace requires adherence to the law, and that a nation must maintain peace through law-abiding citizens and taxes .
He states that the means of management should be “fairness” (공정) and “impartiality” (공평), criticizing those who use any means necessary .
He points to the existence of the Fair Trade Commission as an example of the state’s role in ensuring fair transactions .
He criticizes politicians who lack understanding of national management, such as the three elements of unification (integration, fusion, harmony) .
He warns against a system where financial institutions and politicians collude, exploiting the public .
He describes Korea’s current situation as a critical juncture where the middle class is collapsing into the lower class due to the COVID-19 pandemic, leading to a society with only a small upper class and a large lower class .
He highlights the despair of the middle class, who face financial ruin and suicide, emphasizing the need for a just and fair nation .
He criticizes the government’s small relief payments as insufficient to help struggling businesses and families .
He reiterates that Korea’s high debt increase rate and suicide rate are due to the collusion between financial powers and the government, leading to wealth disparity .
He calls for the liberation of the public from financial burdens, suggesting that the state should issue interest-free debt and forgive principal for citizens .
He argues that small relief payments are inadequate for the current economic crisis, which is worse than the IMF crisis or World War III .
He advocates for a significant increase in national debt to around 100% of GDP, similar to Japan or the US, to solve the crisis .
He predicts that his ideas on quantitative easing will eventually be adopted by other politicians, who he claims are already implementing his smaller proposals .
He criticizes the current basic income and welfare payments as “paltry sums” that do not genuinely help people .
He expresses frustration that his comprehensive solutions are not being fully implemented, leading to continued suffering .
He criticizes politicians for their inaction and for allowing the middle class to decline .
He predicts that as the number of struggling citizens increases, they will eventually turn to him for solutions .
He criticizes the ineffectiveness of current government support for marriage, childbirth, and other social issues, citing large budgets that yield no tangible results for the public .
He specifically criticizes the Ministry of Gender Equality and Family, calling for its immediate abolition upon his presidency, arguing that it creates division and is unnecessary in a gender-equal society .
He also advocates for the abolition of the Ministry of Unification, arguing that unification should occur naturally through diplomatic means, not through a separate ministry .
He states that he is the one who will unify the world’s nations .
He describes his lectures as “heavenly instructions” given to humanity, especially during times of hardship .
He introduces the concept of “Gung-pil-cheon-tong” (궁핍천통), meaning that in times of poverty, one can connect with heaven and see him .
He contrasts this with the wealthy, who are “disconnected” from heaven due to their focus on material pleasures .
He urges people to listen to him during difficult times .
He simplifies complex philosophical concepts like “Gong-ja-ji-tong” (공자지통) and “Bu-ja-bul-tong” (부자불통) for easier understanding .
He reiterates that the goal of national management is to realize public justice and fairness .
He clarifies the difference between “fairness” (공정) and “impartiality” (공평), and “harmony” (화평) and “peace” (평화), stating that public justice is based on heavenly will, while justice is human-defined .
He explains that true public justice is realized when one is persecuted for righteousness, leading to heaven .
He encourages people to watch his YouTube videos, even if they criticize him, as it will ultimately lead them to solutions .
He states that the ultimate goal of all management (national, religious, etc.) is public justice, its purpose is harmony, and its means are fairness .
#6 (01:32:00) Clarification on COVID-19 Incident at Haneulgung
Heo Kyung-young addresses false media reports about a COVID-19 patient visiting Haneulgung .
He explains that a person suspected of having COVID-19 tried to enter Haneulgung on the 5th but was blocked by police and turned away .
He plays a phone call with the individual, who confirms that they were already infected before visiting Haneulgung and were denied entry .
The individual states they will sue the media for false reporting .
Heo Kyung-young emphasizes that no COVID-19 patient entered Haneulgung and that he would not be able to lecture if there were .
He compares the false reports to a past incident where a canned food company was ruined by false claims about a “poisonous substance” that was naturally present .
He states that as a divine being, he is not concerned with material losses but with promoting fairness, impartiality, public justice, and justice .
He reiterates that the fundamental solution to the economic crisis is to shift private debt to public debt, following Keynesian economics, and for the state to protect citizens’ rights through fair trade .
He confirms that Haneulgung is not related to COVID-19 and that they actively cooperate with national COVID-19 policies, including mask-wearing .
He concludes by emphasizing the need for a fundamental solution to household debt through quantitative easing and increased national debt, guided by justice, public justice, harmony, peace, fairness, and impartiality .
He then offers a “holy spirit” to the audience, promising healing for illnesses, resolution of family and financial problems, and success in legal disputes .