Right now, we are witnessing a stock market meltdown the likes of which have never been seen before. There are individual companies losing literally tens of billions of dollars a day. The last time that happened was never. Credit is tightening and the cost is going up. Venture capital funding for new projects has almost disappeared. Inflation is heating up. Cryptocurrency, which in theory should have served as a refuge from fiat currency fluctuations, did nothing of the sort.
