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The Conversation
The Conversation
Edward White, PhD Candidate in Psychology, Kingston University

The psychology of debt in Squid Game – and what your love or hatred of the show means

“Mister. Would you like to play a game with me?” These seemingly innocuous words to debt-ridden Gi-hun (Lee Jung-Jae) by a mysterious recruiter (Gong-Yoo) lead him to an opportunity for financial salvation – at the expense of human lives, including possibly his own.

Squid Game’s third and final season has now been released, and fans can’t wait to see more green tracksuits and brutal games. But here’s what’s really driving the obsession: the show perfectly captures how financial stress warps our minds. It reveals the dark psychology of how money problems affect every decision we make.

As a researcher studying the intersection of cognitive psychology and media dissemination, I’ve been fascinated by Squid Game’s unprecedented global impact. My work on how emotional regulation affects decision-making and moral reasoning provides a unique lens for understanding why this particular show resonated so powerfully with audiences worldwide. Especially during a time of economic uncertainty.

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