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B&F Magazine

South Korea’s real-life debt trap

By Cynthia Kim SEOUL (Reuters) – Many small business owners in South Korea recognise themselves in the cash-strapped characters of the wildly popular Netflix drama ‘Squid Game’, who vie desperately for a chance to win $38 million, exposing a debt trap that is all too familiar. Nearing retirement at 58, Yu Hee-sook paid off her […]

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