ROSES01/debu-wake-up @deeebu3n - Twitter Profile

SOUTH KOREAN MARKET IS CRASHING SO MUCH THAT THE GOVERNMENT HAD TO LAUNCH A SUICIDE PREVENTION HOTLINE. KOSPI crashed -20% over the last 2 trading days. Korean retail investors borrowed heavily on margin loans and single-stock leveraged ETFs to chase this year's rally, and now that same leverage is wiping them out just as fast on the way down. SK Hynix's single-stock leveraged ETF crashed 32% today alone. Individual investors sold over 2 trillion won worth of shares in panic today, trying to get out before losses grew worse. Forced liquidations from these leveraged bets have wiped out 2.3 trillion won over the past two and a half months, retail accounts getting automatically sold out once losses passed what their loans could cover. That's exactly why the Financial Services Commission is now launching a nationwide debt-counseling hotline in October, officially part of an "Economic Crisis Family Suicide Prevention Plan," a direct response to the debt crisis this leverage created. KOSPI has now dropped from the world's 6th largest stock market to 11th largest in just a month. 9 circuit breakers have hit this year alone, out of only 15 in the exchange's entire 26-year history. The 2008 Global Financial Crisis took KOSPI down 57%, but that happened in 371 days. The Fed rate hike and COVID crash took it down 44% over 784 days. This crash has already hit 43% in just 40 days.

BullTheoryio's tweet photo. SOUTH KOREAN MARKET IS CRASHING SO MUCH THAT THE GOVERNMENT HAD TO LAUNCH A SUICIDE PREVENTION HOTLINE.

KOSPI crashed -20% over the last 2 trading days.

Korean retail investors borrowed heavily on margin loans and single-stock leveraged ETFs to chase this year's rally, and now that same leverage is wiping them out just as fast on the way down.

SK Hynix's single-stock leveraged ETF crashed 32% today alone. Individual investors sold over 2 trillion won worth of shares in panic today, trying to get out before losses grew worse.

Forced liquidations from these leveraged bets have wiped out 2.3 trillion won over the past two and a half months, retail accounts getting automatically sold out once losses passed what their loans could cover.

That's exactly why the Financial Services Commission is now launching a nationwide debt-counseling hotline in October, officially part of an "Economic Crisis Family Suicide Prevention Plan," a direct response to the debt crisis this leverage created.

KOSPI has now dropped from the world's 6th largest stock market to 11th largest in just a month.

9 circuit breakers have hit this year alone, out of only 15 in the exchange's entire 26-year history.

The 2008 Global Financial Crisis took KOSPI down 57%, but that happened in 371 days.

The Fed rate hike and COVID crash took it down 44% over 784 days.

This crash has already hit 43% in just 40 days.

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Farzad 🇺🇸 🇮🇷

@farzyness

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Exclusive Private Tour of Boring Company. Huge thanks to @boringcompany for inviting me out to their Vegas facilities for a behind-the-scenes look of everything they're building. A lot of people are sleeping on this company! Thanks to @Rebellionaire for sponsoring this video.

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日本経済新聞電子版（日経電子版）

@nikkei

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ASML株が急落、中国が半導体DUV露光装置を国産化　競争激化に懸念 https://t.co/258bGlHD76

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Deeebu3n retweeted

Take The Sun @iRuthoe

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イオンモール熊本の爆発の映像凄いドラレコの車良く撮ってたんな

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ROSES01/debu-wake-up @Deeebu3n

5 days ago

@p_flash7 よわもちさん頼みました

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ROSES01/debu-wake-up @Deeebu3n

5 days ago

@pomseidon2 ずる！どんな味するの

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特務機関NERV

@UN_NERV

5 days ago

【イオンモール熊本「かなりの死者が出ている」熊本県警関係者】熊本県警の関係者への取材によりますと、震度5弱を観測し、建物が崩壊している嘉島町のイオンモール熊本について「多くの死者がいると見られる。正確な死者数の確認には時間がかかりそうだ」ということです。 https://t.co/fmOu4eK4TS

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