Quote:
Originally Posted by SaintessHeart
Clogging up the NYSE means that you will cause another economic recession : every day, trillions of dollars around the world are being exchanged in that place electronically.
Remember Black Monday?
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I'm of the opinion that a recession in the economy causes a stock market crash not a stock market crash causing the recession. Though Black Monday was more a case of mass hysteria, that quickly enough righted itself.
We shouldn't put the cart before the horse, the stock exchange doesn't directly effect anything, it's just a place where people value things and trade them.
The real business happens out there, in the rest of the world.
The people who will lose out are the wall street traders and bankers. Frankly, I'm already at the lowest strata of society (IE unemployed), I got nothing to lose, let them bleed and have the real world pierce their little bubble.