🔥 WARNING! THE GLOBAL RECESSION HAS STARTED!! 🔥 - AMC Stock Short Squeeze Update
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Links;
https://twitter.com/RizoStonks/status/1523930235061915648
https://www.pehalnews.in/fed-warns-of-worsening-market-liquidity-in-stability-report/1938349/
https://twitter.com/sophiamzaller/status/1524150654897463302/photo/1
https://twitter.com/OnChainWizard/status/1524123935570382851
The global financial recession is here and it won't be pretty!
Stocks are continuing to fall but this is also likely to impact on other markets, its already impacting on the bond market, we've also seen some crazy casualties in the crypto market, and the housing market is now starting it's fall alongside as well.
The FED in their latest market stability report has also warned of fears of contagion impacting other markets.
Terra Luna and UST have also been attacked, citadel is rumoured to be behind the attack. This decimated a $40bn crypto in the space of 2 days. also causing the UST currency to de-peg from the USD and become practically worthless.
Interestingly enough, the Coinbase CEO see's no possible sign of bankruptcy, even though the Coinbase stock has fallen by 85%, and a company twice the size of Coinbase was decimated in only 2 days, Coinbase have also been forced to update their bankruptcy risk disclosure in their financial statements.
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