Singapore Leader Warns Markets Will Never Be the Same Again

Singapore Prime Minister Lawrence Wong recently gave a 28-minute interview to the Financial Times, offering insights into the current state of global markets and the crypto market.

According to Wong, we have entered a new era characterized by 'continuous jolting', not occasional fluctuations, but the market's permanent backdrop. This shift is due to the failure of the old global governance system, which has given way to fierce competition among major powers.

The old framework that supported wealth growth has shattered, and investors must adapt to this new reality. Wong advises ordinary people to use multiple hedges for defense, set aside a safety buffer, and cultivate a compliance-and-transparency-driven growth path.

In the crypto market, there's no longer a blanket bull run, compliance and wild tracks are diverging to the extreme. Long-term holding is no longer a safe bet, as staying still can lead to a deep drawdown at any time.