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For the economists out there, how much will this help?
by moneywoes 7y ago
For the economists out there, how much will this help?
- MR4D 7y agoNot much. Might even have the opposite effect. This is like China’s 9-11. They have fear, a travel shutdown, and effectively shut down their businesses for at least a week. The economic impact just driven by the fear is huge. The magnitude probably won’t be truly understood until the second half of the year.
- buryat 7y agoit can prevent flash crash which can rollover everywhere, and instead levels will be lowered gradually until fresh news can spread everywhere and prevent panic