Squid Game

Professor Fang Shu 10/08/2021

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[Source: Netflix]

Recently, a Korean show called Squid Game became Netflix‘s most popular series of all time. If you haven't seen it yet, you should. 

 

The show can be interpreted from multiple points of view. At first glance, we saw six cruel games, where the players thoroughly exposed their greed and selfishness. The cruel and seemingly fair rules of these survival games result in a cooperative effort between the players, all the while killing each other. A more in-depth look at the show reveals an unfair society. We have seen class stratification and an inequity gap between the rich and the poor. We have seen those standing at the pyramid top manipulate the rules of games and enjoy the struggle of those at the very bottom.

 

What's your interpretation? Please feel free to SHARE YOUR INSIGHTS. My interest lies in discussing the show from a financial standpoint. 

Having too much debt is not a good idea!

 

All the players in Squid Game have too much debt. Debt can be used as financial leverage to acquire assets. However, if you have too much debt and can't keep up with payments, you will be in trouble. It is widely accepted that your monthly debt shouldn't exceed 36% of your gross income. Read

Gambling is just for fun!

 

Despite having the option to quit, Squid Game players continue to play due to the lure of money. In real life, people go to casinos hoping to win. However, keep in mind that gambling is just for fun, OK? I taught students about 10 secrets casinos don't want you to know during an Introduction to Hospitality and Tourism Management course. Read

 

Don't be greedy!

 

The Squid Games ended in almost total death for greedy players. Compared to them, the main actor was kind-hearted and didn't really care about money, so he survived and earned the 45.6 billion Korean Won. The more you love money, the less it appears to love you back. Please keep it in mind especially when you are making investment decisions. Read 

 

 

What Does Money Really Mean to You?

 

My Dean once asked us about the purpose and meaning of work. He asked, "Is it to make a living? To earn a paycheck? Does working give us the right to earn dignity, be a member of society and therefore, enjoy its benefits? Or is this a societal moral mandate?" 

 

The questions he asked made me think deeply. And they led me to ask myself what money really means to me. I've seen people work extremely hard to earn a paycheck and make a living. Money means happiness, security, and most importantly, freedom. I have also seen people be greedy and use whatever means possible to achieve their financial goals. While they bow to their boss or those of higher status, they treat others poorly. I believe money does bring social status to them, but not a truly positive feeling such as happiness.

 

What does money really mean to you, my friend? Take a moment to think about it and share your thoughts with me.

 

Yours sincerely,

Fang 

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