The stock exchanges go to their knees, US state bonds are sold massively, as strong as it has not been in 40 years. Is there a new financial crisis? In the worst case, the central banks have to intervene.
The financial market crash of the past few days is likely to find its prominent space in the long history of the stock market panics. It was not just stock prices that continued to go down on Wednesday. Securities that investors have always used and bought as a safe harbor in turbulent situations were now also affected. We are talking about US state bonds, with the lead currency dollar in the back of the gold standard under the promises.