What would happen if...

[tabbiewolf]

Fun with random things that occur to me out of the blue and with no sense of justice implied (I mean that seriously, I am NOT being sarcastic believe it or not):

What would happen if the stock market ended? NOT in a terrorist act, or the power all went out and everything had to stop like Hurricane Sandy the other year, but...it just ended? Everything cashed out, everyone got the money they'd already invested/earned/etc., but there was no more stock exchange?

I suppose I'm talking about the New York Stock Exchange and NASDAQ specifically, but obviously stocks are something that happen worldwide. For the sake of my argument, let's keep it in the United States.

I really don't know enough about economics to even predict something like that, but it would be interesting to see how a capitalist society like we very much are would react to something like that happening.

Comments

[firesplace.livejournal.com]

Have you ever read _Your Money Or Your Life_? It's an older book that's been re-released with various updates over the years, so I'm sure some edition can be had at the local library. Among other things, it talks about how folks of more modest means can attain the same financial freedom of having their money work for them, thus allowing them more flexibility in their employment. I thought it was an interesting read!