#PreIPOs第二期OpenAI认购 SK Hynix’s (Hynix) this round of plunging prices is likely to wipe out yet more people’s capital.

South Korean retail investors have long been dubbed “a nation of gamblers.” This time, family leverage was pushed to almost the limit—large amounts of money poured into the stock market via borrowing, and the scale of new loans added last month alone reached 83 trillion won.

Putting all your life savings on a single chip leader stock with a market value of a few hundred trillion won seems to make sense logically; the problem is that this blue-chip stock’s volatility is almost on par with that of altcoins.

South Korea is a developed country, yet it has topped the suicide rate rankings for years. Behind that, you can see that there are deeper reasons at play.