we watched them change the rules in the US to force indexers to provide exit liquidity for the spacex IPO blunder via your dad's 401k. capturing the regulators is just part of what finance does.

> why is everyone suddenly selling

1. Korean equities have been undervalued in comparison to Asian peers for a couple decades.

2. A couple Asia targeted funds began hedging ASEAN, China, and India equity risk by purchasing Korean equities around 18-24 months ago.

3. This influx of capital along with South Korea's lack of regulation around retail investors led to many retail investors getting caught with their shirts off when larger funds began rebalancing.

> what changed in the last week that did not change in the last 6 months

IRR in the 20% range was hit by those large funds that began the KOPSI arbitrage 18 months ago.

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There's a reason South Korea is still classified as an "emerging market" in most risk indices.

How tightly regulated is investment margin lending in the US?

Some seem to expect governments to save them, which worked in 2008.

They set off circuit breakers for KOSPI twice in two days.

faster than a zergling early base rush.

Small retail investors comprise 66% of the market in SK. It's usually single unmarried people who make ridiculously big bets to try and get enough money to buy a house or get married. It's something to be pitied not hated.

From my very shallow understanding of the Korean market it's common to invest in high risk shares because a big win is the only way to afford a nice home. Financial nihilism, risk appetite etc. So it's far from only rich people.

These aren't rich people, this movement is almost entirely fueled by young people. Educate yourself more before thinking this is reddit.