Korea's Aging Paradox: Wealth Without Spending Power South Korea's remarkable success in the AI boom has lifted its economy, but a closer look reveals an unsettling trend.
The country's elderly are accumulating wealth at an unprecedented rate – only to hoard it rather than spend.
This phenomenon is not only peculiar; it also poses significant challenges for the nation's future economic growth. The paradox lies in Korea's exceptionally low fertility rate, which has dropped to 0.