What Does 'All Debts' Mean In Squid Game?

On the day my boyfriend, Antonio Vinci, proposes to me, his adoptive sister, Lucia Falcone, remarks on a whim, "How romantic. It makes me want to get married now as well." On the very same night, Antonio gives me an agreement. "You should leave. Here's a 50-million-dollar compensation. I'm going to get married soon." If this were to happen in the past, I'd have kicked up a huge ruckus and threatened to take my own life if Antonio didn't marry me. But now, I just ask for another 50 million dollars calmly. When I'm about to sign the agreement, I hear Antonio talking on the phone in another language. "Thank goodness I gave Daniela a marriage agreement. Otherwise, she'd seriously think I'd break up with her. I knew that Daniela would be perfect as my wife. She's obedient and docile, just like a loyal mutt. "As for Lucia, I can give her everything but a legitimate position by my side." My hand pauses momentarily. Then, I scribble Lucia's name on the agreement. What Antonio doesn't know is that I have an ongoing bet with Lucia. If I can ensnare Antonio's heart in ten years, she will back out of our relationship. If I fail to do so, I'll disappear permanently from their lives.

After my family is burdened with a debt of 5,000,000 dollars, I become the only person in the family who can no longer afford to "die". Dad is trampled in the mud by our creditors, protecting what's left of my school tuition fees even if it means breaking his fingers. He roars, "You can hit me, but don't you lay a finger on my daughter!" At that moment, Dad's small, hunched figure becomes a debt that I can never repay in my lifetime. Meanwhile, Mom kneels before the creditors, grovelling in the mud as she begs for a few more days of grace. Burdened by Mom and Dad's love for me, I drop out of school and go to work at a factory to make as much money as I can as quickly as possible to pay back the debt. Ultimately, my landlord kicks me out of my lodging on Christmas Eve. I'm also sporting a high fever in the snow, but my wages from the factory are still unpaid. I call Mom and beg her to transfer just 50 dollars to help me out. However, she doesn't sound concerned or anxious on the other end of the line and utters in disgust, "Haven't you gotten your wages already, Carolyn Swanson? "How dare you lie to us? Who taught you that? If you can't afford to buy the meds for your so-called fever, then you might as well just die!" Then, she hangs up on me cruelly. I grip my phone in my hands, watching the snow falling from the sky. My hands feel even colder than the icy ground at this point.

Lylia grew up in the province orphaned and poor, caring for a sick sibling and surviving through sheer grit. With barely any capital, she built a small eatery near the cockpit arena, their only source of income. Her world collapsed when she learned that Raze, the feared district captain, was the creditor of her late parents. To save her home and eatery from demolition, she accepted his cruel offer: marriage as payment for half of the debt. The rest would be paid by serving as a household helper in his home. Known as a strict and ruthless leader in District Abueña, Raze hid a dangerous secret, he was a billionaire tycoon. And when he returned to town, it was at the cockpit arena where he first saw Lylia, the woman destined to become part of his twisted plan. What began as a deal and a game would soon test hearts, would their forced marriage turn real, or leave one of them shattered in the end?

After graduation, I struggle to find a job, while my girlfriend easily lands a position at a major company. She has been with me for two years, and to cheer me up, she even lets me hold onto her payroll card. Once I finally start working, she worries about my long commute and immediately buys me a car. Everyone around us envies me for having such a thoughtful girlfriend. To save up for a house, I secretly deposit my salary into her account. A year later, we decide to get married. Excited, she grabs my hand and says, "I know you don't have much saved. I don't need any wedding gift. All I want is your love." I am deeply touched by her consideration. But on our engagement day, she pulls out photos of me with a dozen women and accuses me of cheating. I look closely and realize I have never even met any of them. Then she shows me my card's transaction history, filled with charges at the notorious Solara Club. "You had my payroll card, and you used my money to indulge yourself!" she cries. "I'm not marrying you. Return my car and all the money you spent over the years. It adds up to 800 thousand dollars." I calmly place the payroll card she gave me on the table and say with a smirk, "Fine, let's settle this properly." When I present the detailed account prepared by my top lawyer, she is stunned.

Five years ago, my family died in a car crash. My parents. My adopted sister, Liz. Everyone but me. They left behind grief, an empty house, and a debt so large it swallowed my life. When the collectors came, I turned to the only person I had left—my husband, Adrian. He told me he had cut ties with his own family to marry me and had nothing left. I believed him. For five years, I worked every job I could find, paid every dollar I earned, and told myself love was worth the suffering. When the balance dropped to its final $18,000, I signed up for a paid drug trial at a private clinic. They handed me a waiver, warned me about possible delayed reactions, and promised fast money if I swallowed the experimental dose. I thought it would buy us a new beginning. Instead, I came home early and heard Adrian on the phone. “Let Liz use the card. Evelyn still doesn’t know. She took away Liz’s money five years ago, so she has to earn every dollar back herself.” Then he laughed softly. “One more year, and her punishment is over.” That was how I learned the dead were alive. The debt was fake. My husband had never been poor. And the life I had fought so hard to survive was only a sentence they had given me.

“Raise your head and look at me. Accept my offer—sell yourself to me. You’ll be my puppet, my toy, my obsession. In return, I’ll wipe out the debt your foolish boyfriend owes me. But if you refuse... you’ll face the consequences.” His voice was cold and blunt, his grip tightening around my jaw as he stared deep into my eyes, sending a chilling shiver of fear down my spine. ***** He was her pain, A monster ready to devour her. She was the prey he played with, the obsession he refused to release. She was his beauty. He was her beast. An addiction so fierce he could tear the world apart just to have her. In the blink of an eye, Clara’s life crumbled. Betrayed by the one she loved, left behind by a boyfriend who took a loan from a mafia boss and vanished. Now, she was the payment. Alone, abandoned, and with no family to rescue her, Clara was caged—trapped under the control of a ruthless man who demanded total submission. Every command, every look, every touch was a reminder of her nightmare. She prayed to wake up. But it wasn’t a dream. It was her reality.