what happens if and or when the stock market plummets to zero points?
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M$10 Answers
I actually think it's impossible for the stock market to reach zero points assuming the world has not ended.
Stock market "points" are determined by the shares' sale value.
If the sale value is 0 that means nothing is being bought or sold which basically means the markets are gone.
No matter how bad a crisis gets, markets will always exist and so they would never be zero because there is always something to be traded and a value to be traded at.
I think the only way a particular index may reach zero in the real world is if all listed companies fall under the minimum value to be listed. And if that were to happen then that most likely means the entire economy has been collapsed and devalued. But even then, nothing will be worth zero points, as there will always be exchanges of something and a value will still be assigned to everything.
Who knows, maybe monetary economies will collapse and we'll revert back to the barter system... But waiting for that makes as much sense as being afraid of the Sun dying in 5 billion years.
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M$
For a good overview: http://www.djaverages.com/?view=industrial&page=overview
For more information: http://www.djaverages.com
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M$A Return to Depression Economics
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M$sarcarzim
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M$
You can leave an optional "tip" with Mahalo's virtual currency, Mahalo Dollars. If you are asking a difficult question that might require some research, or if you'd like a wide variety of feedback, a higher tip often leads to more answers to your question.
M$You can leave an optional "tip" with Mahalo's virtual currency, Mahalo Dollars. If you are asking a difficult question that might require some research, or if you'd like a wide variety of feedback, a higher tip often leads to more answers to your question.
M$You can leave an optional "tip" with Mahalo's virtual currency, Mahalo Dollars. If you are asking a difficult question that might require some research, or if you'd like a wide variety of feedback, a higher tip often leads to more answers to your question.
M$
According to the New York Stock Exchange, in the event of a 3350-point plunge in the Dow (30%) the market would close.
If the Dow dropped by 2200 points (20%), there would be a two hour stop in trading if it happened before 1 PM. (Between 1 and 2 the market would close for an hour and after 2 trading would halt.).
If the Dow falls by 1100 points (10%) before 2 PM trading would stop for an hour. (Between 2 and 2:30 there would be a half-hour stop and after 2:30 the market would stay open.)
Let's hope we don't see the kind of one-day drop in the Dow that would trigger the circuit breakers. If it did drop to fast the market will just stop to prevent a total crash.
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M$
end.
But this will never happen as major world currencies would be so diluted that their would almost certainly become a new currency and sooner or later a new "world market" would emerge.
It's the chicken and the egg type scenario.
You would also have people fighting in the streets and people that have their retirement and IRA's in the stock market would have to either return to work or face absolute peril.
Basically the worst parts of the bible.
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M$
Bartering is indeed legal and taxable. And it's making a comeback!
http://consumerist.com/5162233/bartering-makes-a-comeback
I'd like to add a small bit to this answer - which, although humorous - very true! You're right, the zero stock market would be the end of the world as we "know it" to be right now. We would not cease to exist, BUT, this would create a chaos in our societies that would require "government assistance" and could even be a "planned" event. That we, as WORLD citizens, would then be forced to become part of a single, worldwide monetary system, otherwise known as "one world order". Barter, yes - would be a solution, but would it be legal under the system?
But - I still greatly enjoyed your humor!!
That was hilarious!
Very true, but still, the presentation was awesome!