This all seems kinda funny when rich people get burned but the fun stops when you learn that South Korea's KOSPI crash that resulted from announcement that China's CXMT is starting memory production on China sovereign DUV machines has resulted in crisis hotlines being overloaded across South Korea as people are killing themselves as they're getting margin called due to leveraged financial instruments.

The amount of financial carnage as this goes tits up is going to be of biblical proportions.