South Korea’s Poisoned Chalice of Household Debt Restricts Park

South Korea’s Poisoned Chalice of Household Debt Restricts Park

SeongJoon Cho/Bloomberg

A man walks through Guryong village as high rise residential buildings stand in the background in the Gangnam district of Seoul. Household debt is the biggest risk to South Korea’s financial system, according to the Bank of Korea’s January survey of 90 experts and fund managers.