Destruction of Wealth or the Symphony of Destruction

Saw this line this morning:

It began quietly on July 8th but didn’t really accelerate until ten days ago. And while the offered causes of the stock market sell-off are numerous, the resulting carnage is singular: Destruction of wealth.

Why is it a destruction of wealth? You mean if you were a buy and holder? Of course, THAT is a destruction of wealth: The symphony of destruction:

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