Bitcoin fan Sean Lennon addressing global issue that crashed both crypto and stock markets this week
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Lennon asked the U.S. government to comment on the stock market meltdown, adding that the community on X deserves to have “a little talk, a little reassurance.”XRP Skyrockets: Did You Miss This Massive Surge? Solana Breaks Crucial Resistance, Shiba Inu on Rise Can someone from this administration please address the stock market meltdown? Usually we get a little talk, a little reassurance. I think we deserve it.As reported earlier, the stock market went down sharply in the U.S. after an even worse situation that happened to the stock market in Japan last week caused largely by the interest rate increase made by the Bank of Japan earlier.
Earlier this week, risk analyst, scholar and writer Nassim Taleb also commented on the stock market collapse faced by Japan.that for 33 years before now, Japan has been keeping its interest rates close to zero, only adding quantitative easing measures to that. All of that comes “at a price you eventually must pay,” the scholar concluded. He added that Japan has been always mentioned by QE supporters as “a place where the strategy worked.
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