Yoon's desperate stunt shows South Korea not ready for prime time

Declaration of martial law reminds investors of the 'Korea discount'

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People watch a TV screen broadcasting South Korean President Yoon Suk Yeol's declaration of martial law and the following announcement that he will lift the martial law at a railway station in Seoul on Dec. 4. © Reuters

William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."

If any leader of a major nation wanted to commit political suicide, South Korean President Yoon Suk Yeol just showed them how.

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