Why the crash? Just ask GPT: Summary: The essence of the Korean stock market is: 1. Export-driven economy 2. Extremely high semiconductor weighting 3. High proportion of foreign capital dominance Korea has one fatal point: 100% energy dependence on imports. Currently, the Strait of Hormuz is blocked, oil prices are skyrocketing, and maritime risks are rising. Oil price surge → Deterioration of trade conditions → KRW depreciation → Foreign capital withdrawal → Stock market crash Korea will definitely fall harder than the U.S.; it’s a 'risk amplifier.'