This just hit the Drudge Report:
http://www.bloomberg.com/apps/news?pid=20601087&s…
G8 going to discuss CLOSING the world markets to stabilize. Developing...
Trending Content - Sales and Trading Forum
Career Resources
WSO Free Modeling Series - Now Open Through
June 30, 2026
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
High Finance Applications
Guaranteed
Get at least one offer GUARANTEED
- 1:1 support
- 92% success rate
- 2,000+ mentor network
- Unlimited Live bootcamps
- AI for resume + LinkedIn
- Networking automation tools
- HireVue simulation tool
- Full course library
- Private Slack community
- 20hrs of mocks
- + much more...
useless, will just prolong the inevitable
This just keep getting more ridiculous. I thought that nationalizing all of the banks was as drastic as it would get. What would be the immediate effects of closing the world markets?
My goodness. Where was the theread about moving towards communism? This is ridiculous.... I seriously hope that this doesn't happen.
Inevitably some 3rd World shithole won't cooperate and will provide an avenue to punish the market while it is closed.
This is a VERY bad idea, so don't be surprised if it comes to fruition. The next step will be a common global currency. You heard it here first.
Berlusconi Reverses Claim Leaders May Close World's Markets
By Steve Scherer
Oct. 10 (Bloomberg) -- Italian Prime Minister Silvio Berlusconi reversed his comments that leaders are discussing closing the world's financial markets while they ``rewrite the rules of international finance.''
I heard it on the radio,'' Berlusconi said about an hour after his initial comments his spokesman confirmed.The hypothesis wasn't put forward by any leader, including myself.''
The right hand doesn't know what the left hand is up to.
Like it or not, you have to admit this isn't boring.
It won't happen.
That is an incredibly stupid idea.
Yeah, but it's not like we are having a shortage of stupid ideas. You never know what they're gonna do next.
If Berlusconi came up with this......then God help us all!!!
http://www.reuters.com/article/newsOne/idUSTRE4996IJ20081010
the US actually did this once before, on the cusp of WWI. all public markets were shut for 6 months, and this may have prevented a major crash in the market.
just putting out a contrary viewpoint
Or postponed it till 1929...
wouldnt mind a 3day weekend :(
berlusconi is an idiot shouldnt he be concerned with mafia related issues
Believe me, he has no issues with the mafia...or at least some parts of it.
lol.
Unde officia molestiae inventore est eaque necessitatibus. Aut praesentium ut sapiente necessitatibus aspernatur quaerat nam. Facere qui rem veritatis qui.
Consequatur fugit sint inventore at nemo est soluta impedit. Voluptatem cumque magni molestiae occaecati omnis enim omnis. Ipsa qui sit aut incidunt quia excepturi. Magni assumenda et quia voluptas inventore. Est est excepturi neque omnis nobis impedit natus.
Numquam sunt corporis tempore quia explicabo aliquid. Ea maxime quis voluptatem debitis magnam quisquam consequatur. Asperiores voluptatum fuga laborum sit.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...