>I believe in zero-sum economics, I.E, I don't believe that there can be a "global market crash", all crashes have an equal and opposite effect somewhere else.

>I believe in zero-sum economics, I.E, I don't believe that there can be a "global market crash", all crashes have an equal and opposite effect somewhere else. I'm expecting to hear that jobs are booming in some other countries. In fact, there is data on this. Yeah this isn't right. Changing policy can reduce the value of assets across the board, everywhere. It's very possible. The money just disappears because those assets are no longer worth the same in the new environment. Sometimes everyone loses.