https://tube.loping.net/videos/watch/9a3c23f5-12ea-4593-b3d7-3726c8987ba8 At its peak, Daewoo Group had been Korea's fourth largest business conglomerate along with Hyundai, Samsung, and LG. The sprawling company rocketed upwards on the back of a favorable political environment and heaps of debt. Then in a shocking two year span, the whole group broke apart under the weight of its liabilities, a crushing recession, and widespread fraud. Daewoo's collapse tarnished the legacy of founder and chairman Kim Woo-Choong, who had to flee the country until he received a pardon. In this video, we will look at the rapid rise and startling collapse of Korea's Daewoo Group. Links: The Asianometry Newsletter: https://asianometry.com, Patreon: https://www.patreon.com/Asianometry, Twitter: https://twitter.com/asianometry Sun, 12 Jul 2026 14:06:56 GMT https://validator.w3.org/feed/docs/rss2.html PeerTube - https://tube.loping.net https://tube.loping.net/lazy-static/avatars/8a56e488-2120-4649-a417-badf5893657b.png https://tube.loping.net/videos/watch/9a3c23f5-12ea-4593-b3d7-3726c8987ba8 All rights reserved, unless otherwise specified in the terms specified at https://tube.loping.net/about and potential licenses granted by each content's rightholder.