Elias watched his portfolio value evaporate. To many, "Viernes Negro" was about discounts at stores, but for investors, the "discount" felt like a trap. The fear wasn't just about a virus; it was about the unknown. Would the borders close again? Would the supply chains, already strained like a piano wire, finally snap?
"Everything is on sale," he mused, "if you have the stomach for it."
Elias reached for his mouse to sell, his finger hovering over the button. But then, he paused. He looked at the charts. This wasn't 2020. The world had vaccines now; it had systems. He watched the "Fear & Greed Index" peg itself into extreme terror. He didn't sell. Instead, he closed his laptop. Viernes Negro (2021)
The date was November 26, 2021. In the world of high finance and cryptocurrency, it wouldn’t be remembered for door-buster deals on televisions, but for a different kind of "Black Friday"—a market bloodbath that sent shockwaves through global exchanges.
On his left screen, the was plummeting—it would eventually close down nearly 5%, its worst day in over a year. On his center screen, Bitcoin—the digital gold that was supposed to be a hedge against chaos—was proving to be anything but. It had shed thousands of dollars in hours, dragging the entire crypto market down with it. Elias watched his portfolio value evaporate
"It’s happening again," Elias whispered to his empty room.
By midday, the panic was tactile. Travel stocks like IAG and Amadeus were being sold off as if planes would never fly again. Oil prices were cratering, seeing their biggest one-day drop since the start of the pandemic. Would the borders close again
Elias sat in his home office in Madrid, the blue light of three monitors reflecting in his tired eyes. At 8:00 AM, the screen was a sea of crimson. The news tickers were screaming a new name that the world hadn't heard yet: .