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In a deep depression would there still be markets to trade?
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In a deep depression would there still be markets to trade?

  #1 (permalink)
Elite Member
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In a deep depression would there still be markets to trade?

I've been thinking more about how markets would be impacted during a drawn-out global economic downturn. Assuming a Jim Rogers/Marc Faber/Peter Schiff type event occurs, do traders feel confident there will be markets to trade?

Took me a while to come up with post #1 :-)

-burn8

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  #3 (permalink)
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There will always be markets to trade. Whether it is cheetos and cigarettes in prison to ammo and water in the apocalypse.

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I guess I'd hope the Cheetos were exchange traded with a good datafeed then.

-burn8

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burn8 View Post
I guess I'd hope the Cheetos were exchange traded with a good datafeed then.

-burn8

Key there would be not to eat the product.

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tturner86 View Post
Key there would be not to eat the product.

95% of all cheetos-traders fail, because they lack discipline - bad decisions "eat up" their profits.

You can be better tomorrow than you are today.
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Logically, I would think that liquidity would dry up, so it would be quite difficult. Most of the small traders would be too busy at the soup kitchen to contribute to the markets. Just my 2 cents worth.
Cheers John

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