FOX Business host Stuart Varney argues the U.S. is witnessing ‘wealth destruction on a massive scale.’
STUART VARNEY: This is another financial storm, and it seems to be gathering steam. That’s what makes people so anxious: where does it end?
Crypto investors are the most nervous of all, because they’re experiencing a genuine crash.
That’s a strong word and should be used carefully, but when Bitcoin loses one third of its value in a weekend, it’s a crash.
Nearly $2 trillion lost.
Some of the youngsters who piled into crypto with their stimulus money, have lost their shirts.
It’s certainly a storm for stock investors.
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