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Koreans and The Man

In my last post, I talked about the Korean kye. Many people may wonder why I would not just deposit the money into a high-yielding savings account or stocks/bonds. The thing is, a kye is more about camaraderie, trust, and the sense of jung (one of the most difficult words to translate - loosely, it means warm sentiments, emotions, and attachments - a very important quality in the Korean culture). Even if you don't profit at the end, you still join to help out your friends who may need quick cash to start a business, buy a car, etc. And it's another way for Koreans to stick it to The Man. Passively. Koreans generally don't trust financial institutions or government-endorsed solutions. With their tragic history, they have reason not to....

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