South Korean youngsters’ debt soars as they invest in real estate, stocks and crypto

The younger generation in South Korea has incurred a debt soaring from 34% in 2019 to 50.7% presently. Younger Koreans’ born from the 1980s household debt has risen to $22.7 billion, up from $3.9 billion last year. The high levels of lending are apparently due to a surge in investments in cryptocurrencies, equities, and real […]