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> When your business makes up over a quarter of South Korea's GDP The definition of too big to fail.
by gkanai 10y ago
> When your business makes up over a quarter of South Korea's GDP
The definition of too big to fail.
- simonh 10y agoThat didn't help Daewoo. They were the second largest corporation in Korea, two places ahead of Samsung, at the time they collapsed with debts of $84 Bn. https://en.wikipedia.org/wiki/Daewoo https://en.wikipedia.org/wiki/Daewoo