"Doomsday Report" Author: The Japanese and Korean stock markets are currently undergoing a severe deleveraging process. It is recommended not to aggressively buy in.

BlockBeats News, March 4th, Citrini Research, the author of the "Doomsday Report," commented on the recent sharp decline in the Japanese and South Korean stock markets, stating that, based on experience, severe deleveraging events rarely remain confined to a single trading day. "I did not engage in any aggressive dip-buying today."

In previous news, the research institute Citrini Research released a report proposing the concept of a "global intelligence crisis," warning that AI could trigger a "race to the bottom" for knowledge-based jobs, disrupting the industry and credit chain built around white-collar productivity. This report led to a major drop in the US stock market on Monday.