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Why the crypto crash impacts you?
Capitalmind Podcast
What Happens When the Ascet Price Goes Up?
When the ascet price goes up, you feel a little bet richer. When people feel rich, they invest in more things. They consume more things. So effectively, that stuff is gone when the price starts coming down. This feeling of poorer or has a knock down effect. It only went sour because a housing presses traed to come down. People who didn't deserve get these kind of loans in the first place,. Because the didn't hae the income to support it.
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