About 5% of the South Korean population have now been margin called, with about 1% of the population being fully liquidated. For a country doing so well in general, that's crazy
Korean workers in their 20s and 30s could not afford Seoul apartments so they turned KOSPI into their housing trade (FOMO Case Study)
They borrowed on margin at 3x, poured savings into 2x semiconductor ETFs, and treated short term trading tools as long term bets. When prices
