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📊 South Korea: 51M People, 108M Stock Accounts This isn’t investing anymore. It’s national leverage. What’s happening: - 108.7M trading accounts as of June 2026. ∼2 accounts per person - Retail = 60-68% of daily volume. Double the US - Margin loans hit 36.47T won ∼$26.9B in May, double vs last year. Brokerages hit lending caps. - Samsung + SK Hynix = 50%+ of KOSPI. They rallied 566% and 825% in a year. - 2x leveraged single-stock ETFs launched in May and pulled $2B in 2 days. Regulators warned of 60% swings. Why: Housing is unaffordable. Policy pushed money from real estate to equities. Young people, office workers, even minors +119% growth are all in. The Finance Minister is now warning about “herd behavior” and excessive leverage. Leverage won’t change your fate. It just makes the fall come faster. 🧠 #Fed3Dissents #MSFTCutsCapex #SpaceX1.6BDeal Not financial advice