Last night, the global financial markets staged a bloodbath.
Gold plummeted, silver collapsed, cryptocurrencies were halved, and even tech giants like Microsoft dropped 11%. Overnight, trillions of dollars in paper wealth vanished into thin air.
Everyone is asking: What exactly happened?
The standard market explanation is simple: high leverage margin calls, profit-taking, and Microsoft’s earnings falling short of expectations. It sounds reasonable, but I think these are just surface phenomena.
The real reason might be more terrifying than you imagine.
First, let’s talk about the disastrous sce
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