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Just a curiosity question basically,
but given all of the turmoil in the Markets over the last 10 years , and up until today ( Greece and China ) ,
I was just wondering if the Markets could ever cease to exist ..... in the sense that the average trader won't be able to trade ?
Basically not being able to trade from their homes or for a living ?
Just wanted to get other trader's opinions and input
Thanks
Can you help answer these questions from other members on NexusFi?
I warned you about all your threads. Over 100+ threads, it's ridiculous, and I think you are just trolling. You completely ignored me and have created another 6 threads in the last day or so.
In respect to the question, I think that the markets are not going to close unless there should be a big event or catastrophe. They might close in some countries in cases of big events, e.g. 9/11, but as a whole, I do not think this is going to happen unless in the event of a WW3, which I believe is super unlikely.
Some very clever researchers have argued that pollution should be counted as a debt until it is cleaned up. On this basis, some of the largest economies (USA, UK, etc.) have been in decline since the 1970s. Other very clever researchers have found that neither happiness or longevity correlate with GDP. Based on these measures, it is easy to conclude that the Markets are overbought / overvalued / delusional, and that we are in a huge bubble.
However, most people do not want to think about these issues. It's like watching Coyote stay suspended in air after running off a cliff.. and where the ignorant masses lead we must follow..
If you think about it , markets have always existed and survive in one form or another from barter system, to tulip fiasco, 29' crash, 87' crash, 2000' crash, 2007 crash etc, the markets always survive.. The ONLY risk I see to the markets in our lifetime (other than dangerous Fed intervention policies) is Liberal tax policy, making it impractical to "trade" the markets, limiting everyone to being very long term investors or nothing. Example, Hillary is campaigning to raise capital gains taxes on short term traders-investors, just like Obama raised the capital gains tax from 15% to 20 % , just a short time ago... but the markets will always be with us, as long as it's practical to invest or trade them, that's where many corporations get seed money to expand their businesses....
I assume the same applies to ice, which used to be harvested in the frozen north and delivered in the southern tropics.
In all these cases, investors came to the realisation that the issued debt could never be repaid due to an unending devaluation of the underlying asset. However, could salt and ice markets have been made to attract speculators even when there is no value in delivering the underlying asset?
Why should markets operate successfully for currencies that continually devalue, and not work for a Salt-Ice derivative?
Well, they don't. Currencies go out of fashion too. Either the currency cease to exist, or if it is so highly inflatory, trading practically stops in it, I guess...
As long as there is a need to exchange goods and services, there will be markets and since there will always be a need for this service, it will always exist. Even if we get hit by an asteroid and we are back to bartering animal skins for whale oil there will still be markets.
Pretty pointless question, not surprised at the ban.
The way government seems to escalate everything, I wouldn't be surprised to see the fees, licensing and taxes become so high that the market would still exist but would not be feasible for the single trader to make a living anymore.
