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Market Rout Evokes Memories of Trading Before Lehman Blowup
This time around there will be no bailout to save the day.If they do then hyper inflation with wheel barrels of cash to buy your weekly grocery list.
serf
https://finance.yahoo.com/news/huge-market-rout-evokes-memories-002000693.html
Liquidity in the market is worse than it was leading up to Lehman,” said Hoffmann, who worked at the firm that imploded back then, triggering the worst financial crisis since the Great Depression. It’s the kind of problem that can exacerbate losses in a big way. “That creates even more risk, because if the market doesn’t have liquidity, it can gap down very quickly.”
Comments
it will come to 1933 germany where you got payed 4 times aday and ran to the store be for price change🤓