My thoughts is that the capital markets were to conplacent about potential risks in the system. This also lead to the avalanche of capital coming into ICOs and crypto assets last year. It was a matter of time for people to realize the amount of inflated assets worldwide and as we have seen in the cyrpto space, velocity is very high when the heard wants to move. Although the economy seems to be stable, it is built on lots of leverage and uncertainty around the world.
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