4 ms·
the overall stock market crashing 95-99% is most definitely an exaggeration, but yes a perceptible fall would happen
by aerioux 11y ago
the overall stock market crashing 95-99% is most definitely an exaggeration, but yes a perceptible fall would happen
- xyzzy4 11y agoNot really. That's how much China's stock market would fall if China's nominal GDP dropped by that much. In the worst of the 2009 crisis, the US GDP only dropped by about 1% if I remember right.
- aerioux 11y agodo you have data to back this up? I would argue an index dropping 99% would mean quite a bit more than a 7% drop- this sounds like the devaluation of the german currency more than a market drop.