Probably not. The end.
No but seriously, it must be devastating for people like this to keep stretching their brain in another mental gymnastic adventure ignited by Trump's insanity. I don't even think I need to elaborate on the current one, but just to be clear:
"Trump’s latest tariff on Chinese goods has triggered the worst sell-off in crypto history. The White House announced a sweeping 100% tariff on all Chinese goods, in retaliation for Beijing’s new export controls on rare earth minerals. The tariffs are set to take effect on Nov. 1 or sooner. The announcement sent crypto markets into a massive freefall. At one point, Coinglass data showed that more than $19.2 billion in leveraged positions were liquidated, marking the largest single-day wipeout ever for crypto."
Did you get all that? 'The worst sell-off in crypto history' and 'the largest single day wipeout for crypto ever'? With friends like this who needs enemies? And in case you happen to be one of those Trump fanboys still in denial then no worries, it gets worse:
"The pseudonymous crypto trader “Capo of Crypto”, known among retail traders for correctly predicting the 2022 capitulation, says this week’s carnage may be only the opening act. In a new market note on Oct. 11, Capo warned that the Oct. 10 crash is a “pre–Black Swan event,” arguing that altcoins have suffered “historic capitulation,” yet several majors “still haven’t fully flushed.” He added that while Bitcoin (BTC) remains above $100,000, that level “is far from the $60,000 to $70,000 area that would align with a complete correction,” implying that “downside potential remains significant” before a durable base forms."
I'm not one of those doomsday thinkers, but why this theory actually holds merit is because China has yet to announce their retaliation. Plus the Ukraine war has not yet escalated even though Trump has already bend the knee to the EU and Zelensky on it, plus another dispute that's about to ignite there regarding China:
And yes you can bet your last Sat that if India told the US to go fook themselves with their Russia related demands, China will tell them the exact same.
