The face value of the world's financial center still exists.
When several old financial institutions were busy issuing apology statements, the abnormal performance of the US stock market finally spread to the whole world.
Yes, the US stock market plummeted, directly collapsing the fragile markets of nearly all allies who have shared common values with the United States.
The logical chain is very clear. As the leader in global technology, if the stocks of American tech companies have already started to crash, what reason do those followers have to still hold high valuations?
Correspondingly, as a safe-haven asset, gold and almost all other precious metals in the futures market, resources, and even food prices started to soar crazily. Many people seemed to realize the crisis of the US Dollar, and were almost desperately spending it.
At the same time, the price of Huaxia's RMB in the offshore market was driven to sky-high levels.
