posted on Dec, 22 2012 @ 01:42 AM
Originally posted by xxshadowfaxx
Does this have anyone concerned? I'm not sure what this means, but uh... seeing as this is being reported today, dec 20th, does this mean the end of
the US stock exchange? What kind of economic implications does this have? Are we looking at a major collapse? Is this a sign?
I know we have the fiscal cliff incoming pretty fast, but this seems to be an even bigger issue. How can they just randomly sell the 220 year old new
york stock exchange? lol
(visit the link for the full news article)
I know right! Completely random...
And Yes this has me super concerned... my hubby and I were just talking about it. the timing of this report released, all nice and quiet like.. I mean
I have never really looked into the stock exchange as a body itself but my assumption was that the NYSE or other stock exchanges act as a governing
body to the sale of stock - a place to come and buy and sell where it can regulated... I cant understand what there is to sell...as in the exchange
itself... I think its a really scary thing. potentially handing over what financial independence the US has to Europe...
I just dont understand what they are selling though... I always assumed the stock exchanges were managed by the government of the whatever country
they are in but like i said I never looked into it, but my conditioned perception was always that.
It blows my noggin that this isnt huger news...