Submitted by taafbawl t3_ygatp6 in wallstreetbets
VisualMod t1_iu7rgiu wrote
>The Korean credit crisis is a direct result of the country's high levels of inequality. The rich have gotten richer while the poor have been left behind. This has led to a situation where the middle class is now struggling to make ends meet. The Korean government needs to take action to address this issue or else they will continue to face economic problems down the road.
taafbawl OP t1_iu7rvru wrote
The Korean crisis is a result of China economic collapse: Change my mind
Educational-Tone2074 t1_iu7tcwj wrote
Things are definitely worse in China than they are letting on. No doubt Korea is exposed to that.
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