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Swings: 'I Almost Went Crazy Repaying 12 Billion Won Loan... Wondered If I Lived in Vain'
🇰🇷 South Korea /Culture & Society

Swings: 'I Almost Went Crazy Repaying 12 Billion Won Loan... Wondered If I Lived in Vain'

From Dong-A Ilbo · (8m ago) Korean Critical tone

Translated from Korean, summarized and contextualized by DistantNews.

TLDR

  • Rapper Swings revealed the extreme stress he experienced repaying a 12 billion won (approximately $8.7 million USD) loan.
  • He described feeling like he was going crazy and questioning his life choices during the repayment period.
  • Swings also spoke about the emotional toll, including deep depression and strained relationships, stemming from the financial burden.

Rapper Swings has candidly shared the immense psychological strain he endured while navigating the repayment of a staggering 12 billion won loan. In a recent YouTube video, Swings detailed the overwhelming stress, admitting he felt on the verge of losing his mind and even questioning the validity of his life's work.

I had a debt of 12 billion won. To be exact, it was a loan.

— SwingsRevealing the scale of his financial burden.

"I really felt like I was going crazy trying to pay it back," Swings confessed, referring to the loan taken out five to six years ago to expand his business. He described a period of deep depression last year, yearning for emotional relief even as he struggled to find the strength to continue fighting.

I borrowed it 5-6 years ago to try and grow the company big, but I really felt like I was going crazy trying to pay it back.

— SwingsExplaining the origin of the loan and the difficulty of repayment.

The financial pressure led to significant interpersonal conflicts and a sense of isolation. Swings lamented the loss of friendships and the strained relationships with those involved in his company's operations. He expressed regret and a feeling of emptiness, wondering if he had lived his life in vain.

Even as I was about to finish paying it off, I felt like I wanted to forget it all and live with hope again, but on the other hand, I didn't have the strength to fight again.

— SwingsDescribing his emotional state during the repayment process.

From a Korean perspective, Swings' story resonates with the intense pressures faced by many entrepreneurs and public figures who take significant financial risks. While Western media might focus on the sensational aspect of a celebrity's debt, here in Korea, it highlights the cultural emphasis on success, the high stakes of business ventures, and the often-unseen personal sacrifices involved. His vulnerability in discussing mental health struggles, particularly the self-criticism and depression, offers a relatable glimpse into the darker side of ambition that is rarely discussed openly.

Last year, my depression was deep. I just wished my heart felt less pain.

— SwingsDetailing the severity of his mental health struggles.
DistantNews Editorial

Originally published by Dong-A Ilbo in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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