Comments (17)

Oct 10, 2008

useless, will just prolong the inevitable

Oct 10, 2008

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?

Oct 10, 2008

My goodness. Where was the theread about moving towards communism? This is ridiculous.... I seriously hope that this doesn't happen.

Oct 10, 2008

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.

Oct 10, 2008

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.''

Learn More

Boost your resume and land a finance job by passing the FINRA SIE. 264 pages & 1981 smart flashcards written by a former 8X top Fidelity instructor. Try it for 0 bananas here.

Oct 10, 2008

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.

Oct 10, 2008

It won't happen.

That is an incredibly stupid idea.

Oct 10, 2008
Clueless Wanderer:

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.

Oct 10, 2008

If Berlusconi came up with this......then God help us all!!!

Oct 10, 2008
Oct 10, 2008

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

Oct 10, 2008
xqtrack:

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.

Or postponed it till 1929...

Oct 10, 2008

wouldnt mind a 3day weekend :(

Oct 10, 2008

berlusconi is an idiot
shouldnt he be concerned with mafia related issues

Oct 10, 2008

Believe me, he has no issues with the mafia...or at least some parts of it.

Oct 10, 2008

lol.

Oct 10, 2008
Comment