🚨 AN ENTIRE GENERATION JUST GOT WIPED OUT BY THE STOCK MARKET.
Millions of young Koreans saw the stock market as their only chance to build wealth.
Homes were too expensive.
Savings weren't enough.
So they borrowed money and went all in.
Many bought 2x leveraged semiconductor ETFs, used 3x margin, and treated short-term trading products like long-term investments.
Then the market turned.
According to Citi, Korean retail investors have now lost an estimated $38.7 billion (₩56 trillion) on leveraged products.
More than 360,000 margin accounts were forced into liquidation.
62% of those wiped out were under the age of 35.
Margin loans reached a record ₩38.6 trillion, creating a vicious cycle of forced selling that pushed prices even lower.
Many investors are still holding their positions, meaning the pain may not be over.
This wasn't just a stock market correction. It became a debt crisis for an entire generation that believed borrowing was their only path to getting ahead.
Many such cases in Korean social media now
Translation
Ah... today is seriously bad ㅠㅠ The company is in total emergency mode ㅠㅠ
There’s a department manager crying in the hallway, screaming that he got liquidated and his life is ruined. He used up all his loans, so he has zero money left. He even wiped out his entire retirement savings ㅠㅠ I’m seriously losing my mind ㅠㅠ What are we even supposed to do;;;
I’m also having a hard time because a few of my accounts are in the red, but the company is full of people doing way worse.
besides the stunning filmmaking, what makes this hit is how it's a massive set-piece about a superhero risking his life to save civilians, something that has barely happened in any of these movies in years. if anything, it makes the scene more powerful today than it was then
JUST IN: Researchers warn 6G could detect people through walls, monitor breathing & heartbeats, & potentially enable mass surveillance even without a phone.
do you ever sabotage your own free time? like wtf is that about? i want to play this game or read or do something specific but instead i will just stare out the window or scroll mindlessly???