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The money woes in Squid Game are real
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Overall debt owed by South Korean households surged 10 per cent in the second quarter.
PHOTO: AFP
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(BLOOMBERG) - Hit TV series Squid Game may be exciting to watch, but its focus on the woes of the working class in South Korea is hitting too close to home.
Decades of super-charged growth have left a deeply stratified society, where soaring house prices and a lack of social mobility fuel excessive borrowing. Discrimination against women, the elderly and migrant workers is deeply entrenched and many younger people find life such a grind they're giving up altogether.
