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> So DTCC (the main clearing house) going under would stop pretty much all trading in the US. What would be the impact of that on the global financial markets?
by HenryKissinger 6y ago
> So DTCC (the main clearing house) going under would stop pretty much all trading in the US.
What would be the impact of that on the global financial markets? On the real economy?
I think we're going to see some difficult regulations on retail investors in the not too far future.
- karmicthreat 6y agoRealistically? Nobody is going to let DTCC go under, ever. But they don't want to be the one begging for a government bailout either.