In today’s news story, we reports of lower income in Korea:
According to the data by the Bank of Korea, income earned by foreign workers in Korea came to about US$1.15 billion last year, down 2.8 percent from a year earlier. Income earned by Korean workers abroad shrank 13.8 percent on-year to $647.1 million.
You can read the rest at Yonhap.
My thoughts on this:
What do you think? Will Korea face a massive credit bubble bursting in 2013? Will costs continue to rise? More importantly, how were your raised or trained to use money? Do you put things on credit or pay them off every month?