The Collapse of This Semiconductor Tulip Mania Was Inevitable
I’ve been watching the Korean stock market bubble inflate for months, and I’ve warned repeatedly that a reckoning was coming. Now it’s here. The KOSPI index has plunged repeatedly, losing nearly 10 percent in a single day on June 8, 2026, triggering circuit breakers and a mandatory trading halt [1]. Weeks later, the index crashed again, with SK Hynix falling by 15 percent in a single session [2].
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