UST is an algorithmic stablecoin that is supposed to stay pegged to the US dollar at $1. This means, 1 UST should always be convertible into 1 USD. However, in recent days, the stablecoin broke its peg and plunged to $0.14, losing its parity and wiping out over 85% of its value.

Markets are tumbling across the board. Stocks, commodities, gold, bitcoin and other assets are all tanking. The S&P 500 had its worst-performing beginning of the year since 1939. We are officially in a bear market.

We all know saving money is important, yet many of us actually struggle to save money. The good news is that saving money doesn’t need to be ‘hard’. Saving money can be simple, and straightforward and you can get started today.

The current world order is undoubtedly changing. It’s happening right in front of our eyes today. Timely, legendary investor and hedge fund manager Ray Dalio published a new book called “The Changing World Order: Why Nations Succeed or Fail”. Alongside the book, he released an animated video presentation summarizing key concepts of the book.