South Korea’s stock market exploded as retail investors, lured by high-stakes leveraged ETFs and a global tech surge, chased quick riches—only to face a brutal 30% crash that wiped out billions and shattered lives. With minimal safeguards and government approval, these risky products fueled a national frenzy, leaving many in financial ruin and emotional collapse. Mental health crises spiked, violence surfaced, and trust in the market crumbled—even as authorities now apologize and impose new rules, the scars remain deep.
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