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• In the morning, the collapse on global financial markets continues. S&P 500 is already below 5000 (-3%). In Asia, indices are falling by 6-10%. Bitcoin is falling by 6% ($78 thousand), and precious crypto is falling by more than 10% on average. Oil is $60-64 (-2%).
Another day, another plunge in Asian markets as President Trump shows no sign of backing down on his tariff plans despite stock markets being consumed by a bonfire of wealth.
Investors thought the specter of trillions of dollars lost would make Trump reconsider, or at least shake up his...
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