New Zealand news is about to blame the upcoming recession on the crypto bear market

Look for this to be common everywhere.

NZ 6pm news claims that the "Crypto market crash" negativity and fear is going to "leak out" into the "real" economy and cause a general downturn. The only chart they show is for Luna. I guess crypto is considered the first mover on all economic forces nowadays.

Meanwhile, the truth is that the world is going to shit, rampant inflation, ww3 teasers coming out daily, housing and cost of living crisis, stock market crashing... those are the fundamentals, nothing directly wrong with crypto (other than Luna).

Piss poor reporting, likely coming to a news channel near you!

Everything is crypto's fault, maybe this means we made it...