DotCom, Lehman Brothers, GFC, Covid Crash, snappy titles the media and the general public can grasp onto, and somewhat understand.
What do we have at the moment, high inflation crash, Ukraine crash, Chinese housing potential meltdown, basically nothing. Something has to go, break, cease to exist, something with a snappy title.
All the previous crashes are combinations of things, but something needs to stand out. People are worried, but it’s inflation, interest rates, fuel, food supplies, etc. Something needs to cop the blame, and currently that thing hasn’t shown itself yet.
[Edit] I mean globally, markets, economies, not just crypto. The bottom could be in for crypto, who knows, I mean globally. Your Aunt needs to understand it. It needs to all the worlds headlines to be saying the same thing. The global economy is being hit, but nothing has snapped yet.
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