How devastating would this be to the world economy don't call the cops on me

Random question

If most people have their retirement in the form of stock exchanges and those portfolio values are based on ticker prices.

Worldwide from Singapore to Nigeria to India to France Brasil Saudi Arabia and Russia every country has its own stock exchange.

If there was a terror incident at each exchange coordinated on the same day to cause an outage wouldn't there be a drastic reduction of wealth worldwide ?

Arent exchanges relevant for the socioeconomic wellbeing of many nations and their citizens and altars of wealth...wonder how they shape into the homeland defense picture and if anyones ever thought of this angle

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Comments (8)

Nov 22, 2021 - 11:58am

An unknown perpetrator, possibly an anarchist or communist, blew up Wall Street in 1920.  They quickly halted trading at the NYSE but there was no economic downturn.

Nov 22, 2021 - 3:08pm

US stock exchanges are backed up electronically in secure bunkers because of this.

"Work ethic, work ethic" - Vince Vaughn

Nov 22, 2021 - 3:34pm

Trading would probably be halted for a few days like it was on 9/11, but that's about it - everything is run on the cloud now, and even if it wasn't a global outage wouldn't magically cause every stock to become worthless.

Array

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Nov 22, 2021 - 10:49pm

Easier to just fuck up every company with any substantial value by hitting everything they have of value (equipment, manufacturing plants, vehicles, staff (kill people), physical cash/bullion reserves, etc), fuck up their insurance companies so they go insolvent, then I'll bet the global equity market takes a 98-99% drawdown. 
 

To make this easier, you can hit only the S&P500 (fucking up 500 companies that aren't military-industrial shouldn't be hard for a country or terrorist cell with sufficient resources), would probably cause a dramatic 70-75% drawdown on US markets but not as irreversible as 98-99%.

Nov 23, 2021 - 4:39am

Are you by any chance a BIG GUY with a MASK and a habit of grasping your wool overcoat dramatically?

...and the Truth shall set you free
Nov 24, 2021 - 2:57am

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