Squid Game lays bare South Korea’s real-life personal debt crisis

Aspects of the show are too close to home for many. Household debt in South Korea is now equivalent to over 100% of GDP and has gone hand in hand with a dramatically widening income gap. Nemo Kim and Justin McCurry explore how Squid Game, the entertainment sensation on track to become Netflix’s most-watched show, is a mixture of dark drama and commentary on the failures of the nation’s style of capitalism.