Korea's 30 trillion won "time bomb"

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#debt #seoul #debttrap #selfemployed #자영업자 #빚

[@edilee5909]

As middle class loses purchasing power, everyone except those serving the rich will suffer...

[@SATYAMSINGH-ly8kb]

Insightful

[@pololikikuju]

what most really can't see is WHO is really DOING this and WHO is "they"... And that's the reason why all of this is happening to us. Do you know who "they" are? Starts with a j - vvs

[@zevil89]

The number of self-employed in Korea is the highest among OECD nations. If you have been to Korea you'll see that the self-employed are mostly people above 60. Their stores are all beside each other selling the same items. However you can't really blame them because what else are they supposed to do for a living? The pension is not enough for their expenses.

[@បេះដូង-ឡ5ទ]

Sell their apartments or houses and pay the debt. Stop whining.

[@토브생-u5u]

There still could be some people who don't have their own properties yet have got to struggle with their lives for livelihood...​@@បេះដូង-ឡ5ទ

[@rociomartines916]

Must be american...​@@បេះដូង-ឡ5ទ

[@TrinhNguyen-sh4fj]

Businesses are not full proof because you lose or profit regardless of what kind of business it is.

[@4evertrue830]

The Korean govt has to take over a larger percentage of the debt and pay it off, on behalf of the small business owners to restart the economy. It shouldn't add more money into the system. That will lead to higher inflation.

[@saikeomany5686]

We outside foreigners make it like its great but we do not realize the hardship all small businesses are facing . Its like Thailand,they are hard working everyday ,i realized it really hard and feel for those that want our business eating at the vendors,selling products or taxi drivers. I try my best to support and tips whenever i could at hotels,taxi cab drivers.

[@kodaiflow2]

that is $30B dollars. Samsung's coffee money.

[@israelayoade]

😂😂😂🤣🤣 YOU FORGOT LG too. They are not as hardworking as we Americans. I respect USA man. Gob bless America. People are crazy hardworking here.

[@kor_1an]

In a country where they rather look rich than live poor, yeah I’m not suprised when every one is renting out porsches and lambos… pretty sure they will accumulate lots of debt.

[@Totallynormalperson296]

Korea just keeps getting better and better

[@jaz4591]

“The borrower is slave to the lender”

[@LudwigVanBeethoven17]

$30B is no big deal for the cyberpunk dystopia

[@Conteslegendesautremonde]

You may think about to create bonds distributed to the citizen to go eat and shop in these small buisness at least temporary trial.

[@zandyzain6241]

Bravo for those who Helping those small business

[@MarkyMark-r6c]

Chump change for Samsung 😂

[@mousibaki]

The world is going to shit

[@jonross8925]

Anyone here know the average amount of old age pensioner in Korea?

[@Nrylw-w6t]

Kim is the savior

[@benny871]

he is Korean Thanos with infinity nuclear bombs

[@Darkskymadian]

Wow this is scary

[@raptorhacker599]

it's not

[@mageedays]

Businesses here in the Ph with Korean concepts boom so much. Like kpop and food, even a ramyeon themed resto or sanggyups can cost 500++ per person. The turn over of customers are big.

[@토브생-u5u]

Where is Ph? Philippines?

[@matriksist]

​​@@토브생-u5uyes pH is PHILIPPINES. Too much Korean influence, in fact Korean food is distasteful IMHO. I love Filipino, Malaysian and Indian food. They're flavorfull.

[@comradeleppi2000]

​​@@토브생-u5uyes

[@KantorSaja]

Unfortunately that's boom nothing to do with medium and small businesses in korea rather it was keep the corporate healthy and in control of regulation

[@lokesh303101]

Give a Rate-Hike that's Proportionate to the Purchase Power of South Koreans. South Korea 🇰🇷 should raise Tariffs on Industrial Merchandise. South Korea 🇰🇷 doesn't have the efficient Regulatory Systems that give Chaebols unprecedented Power with No Trickle-down-effect in the South Korean 🇰🇷 Civilization. The South Korean 🇰🇷 Central Bank should purchase the Bank Bonds by the Liquidity Easing Measures with the Float of Bond Values and returns on Maturity with an Overtime Growth 💹.

[@sori4086]

Capitalism is the winner which brings continuous problems

[@richarde3378]

I like kimchi.

[@soy-l9k]

its ok u can get help from chaebols ~

[@mageedays]

Ah ok ☺️ then face criticism from the fam afterwards 😂

[@chappy3125]

Isn't this like anywhere? 😂

[@comradeleppi2000]

Nope.. It's worst in korea

[@skskakrk-f5h]

The Korean music market is ranked 6th in the world. Below are the records that K-pop singers have achieved in the United States, the home of Billboard. Here are the highest records set by Korean K-pop group singers on the US Billboard Hot 100 2009 76. Wonder Girls 2012 2. PSY 2013 5. PSY 2015 94. CL 97. PSY 2017 67. BTS 2018 10. BTS 11. BTS 55. BLACKPINK 2019 32. Pinkfong 41. BLACKPINK 2020 1. BTS 1. BTS 4. BTS 13. BTS 13. BLACKPINK 22. BTS 33. BLACKPINK 57. BTS 59. BLACKPINK 69. BTS 70. BTS 72. BTS 76, August D 84. BTS 87. BTS 2021 1. BTS 1. BTS 70. ROSÉ 83. TWICE 84. Lisa 90. Lisa 2022 10. BTS 13. BTS 22. BLACKPINK 25. BLACKPINK 51. Jin 73. BTS 79. V 80. Psy. August D 82. J-HOPE 83. R.M. Cho Yoo-Jin 96. J-HOPE 95. Jungkook 2023 1. Jimin 1. Jungkook 5. Jungkook 5. Jungkook 17. FIFTY FIFTY 30. Jimin 48. BTS 48. NewJeans 51. V 58. August D 65. Jimin 74. NewJeans 76. TAEYANG. Jimin 81. NewJeans 82. NewJeans 93. NewJeans 84. TWICE 90. Stray Kids 96. V 2024 5. ROSÉ 12. Jimin 49. Stray Kids 53. Jimin 60. Lisa 65. V 76 LE SSERAFIM 88. Jimin 90. ROSÉ 91. ILLIT 97. Jungkook 98. Jennie 99. LE SSERAFIM 99. V 2025 3. ROSÉ 24. Jimin Here are the highest records set by Korean K-pop group singers on the US Billboard Hot 200 2009 127. BOA 2012 150. BIGBANG 126. Girls' Generation. TTS 161. G-DRAGON 2013 182. G-DRAGON 2014 61. 2NE1 110. Girls' Generation 112. TAEYANG 129. EXO 2015 95. EXO 171. BTS 2016 26. BTS 107. BTS 172. BIGBANG 2017 7. BTS 61. BTS 87. EXO 192. G-DRAGON 2018 1. BTS 1. BTS 23. EXO 26. R.M. 38. J-HOPE 40. BLACKPINK 43. BTS 86. NCT 127 177. Jonghyun 2019 1. BTS 1. SuperM 11. NCT 127 24. BLACKPINK 26. BTS 100. Pinkfong 140. TOMORROW X TOGETHER 182. EXO 2020 1. BTS 1. BTS 2. SuperM 2. BLACKPINK 5. MONSTA X 5. NCT 127 6. NCT 11. Agust D 12. BTS 14. BTS 25. TOMORROW X TOGETHER 72. TWICE 112. LOOΠΔ 200. TWICE 2021 3. TWICE 3. NCT 127 5. TOMORROW X TOGETHER 6. TWICE 11. ITZY 11. ENHYPEN 13. SEVENTEEN 15. SEVENTEEN 18. ENHYPEN 19. BTS 20. Aespa 21. MONSTA X 42. ATEEZ 73. ATEEZ 148. ITZY 177. TOMORROW X TOGETHER 2022 1. BTS 1. Stray Kids 1. BLACKPINK 1. Stray Kids 3. Aespa 3. ATEEZ 3. TWICE 3. NCT 127 3. R.M. 4. TOMORROW X TOGETHER 4. SEVENTEEN 6. J-HOPE 6. ENHYPEN 7. NAYEON 7. SEVENTEEN 8. ITZY 13. ENHYPEN 14. LE SSERAFIM 20. NCT 25. ITZY 71. (G)I-DLE 2023 1. Stray Kids 1. Stray Kids 1. NewJeans 1. TOMORROW X TOGETHER 1. ATEEZ 2. JUNG KOOK 2. V 2. Jimin 2. Agust D 2. TWICE 2. SEVENTEEN 2. ATEEZ 4. ENHYPEN 4. ENHYPEN 6. LE SSERAFIM 7. ATEEZ 9. Aespa 14. JIHYO 41. (G)I-DLE 51. P1Harmony 75. Xikers 83. The Rose 122. NMIXX 2024 1. Stray Kids 1. Stray Kids 1. TWICE 1. ATEEZ 2. Jimin 2. ENHYPEN 2. TOMORROW X TOGETHER 3. ROSÉ 4. Jin 4. TWICE 5. SEVENTEEN 7. NAYEON 7. LE SSERAFIM 8. LE SSERAFIM 19. TZUYU 16. P1Harmony 50. Aespa 60. ITZY 94. ILLIT 145. Red Velvet 147. Kep1er 149. BABYMONSTER 171. NMIXX 2025 12. ROSÉ 13. Stray Kids 106. Jimin 122. TWICE 154. ENHYPEN The Global Billboard 200 is not that prestigious. So I excluded the Global Billboard 200. The Billboard Hot 100 and Billboard Hot 200 are the only charts that are considered prestigious.

[@YourAnpanman]

How is this related with the above news????

[@D-Dreamerz]

Are you stupid?

[@ton_hz]

FALSE and Inaccurate. really theres no BTS in 2019 for Hot 100? Boy with Luv and make it right and chickene noodle soup for jhope were hallucination then. And many more missing for other years. theres no such thing as US billboard hot 200.

[@LudwigVanBeethoven17]

Weebs be weebin chhunibyou

[@UnitedKorea-w1s]

This record excludes songs collaborated with foreigners.​@ton_hz

[@Publius3000]

America is not much different💀probably way worse

[@GHX57]

oh dangit! i did say to NewJeans Cross the Border to USA when that was a option, but there's always a GreenCard, Call em NewGreenCards

[@mageedays]

Huh out of context😂

[@israelayoade]

They are not as hardworking as we Americans. I respect USA man. Gob bless America. People are crazy hardworking here.

[@SutaPOVclips]

Koreans better get this money and make business in Africa and pay back later

[@Aibhae]

We don’t want them here tf. They should stay in their country.

[@greedyreader15]

Lol, nope. We have all seen how the treat South East Asians, they'd better improve their ways or f*** off

[@Nerora-x9s]

Hehe which Africa you referring to Chinese people are already there in every corner

[@Aibhae]

@ yeah and we hate them. We avoid shopping at their stores and no one accepts them. We don’t need foreign businesses here ruining our economy.

[@greedyreader15]

@@SutaPOVclips they're not welcome seeing how they treat south east Asians, if there's something they ought to learn from the Chinese is that f**king around, you will always end up finding new sides of African people

[@richwhitelivesmatterforsureduh]

thank gawd i am a citizen of the rich kingdom of monaco. we don't know nothing like debts. #richbishvibe #nopeasants #keepinit100 #keepinitcute

[@MaximusDecimusMeridius23]

what do you expect from a 3rd worldcountry