Everyone is a gambler—South Korea’s household leverage is already maxed out. They’re taking out loans to trade stocks. Last month, new loans totaled as much as 8.3 trillion won. Putting all one’s net worth into a chip flagship with a market value of several hundred trillion won sounds fine too. The problem is that this flagship’s ups and downs are like an altcoin 😂. South Korea has the highest suicide rate among developed countries, and it’s been that way for many years. And it’s not without reason.

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