what would happen if the stock market crashed?
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12-18-2012, 03:35 PM
Post: #6
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All the money invested would sustain capital loss, meaning that people would lose their life savings for example. People would be afraid to invest meaning that less new businesses could be founded and business ventures taken so unemployment would increase. If businesses began to go under and credit and loan companies, banks were losing a lot of money the entire credit system could collapse meaning that people credit cards won't work for example. It would be a nightmare
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Messages In This Thread |
what would happen if the stock market crashed? - gunbladex - 12-18-2012, 03:27 PM
[] - Net Advisorâ„¢ - 12-18-2012, 03:35 PM
[] - serpents dream - 12-18-2012 03:35 PM
[] - the tax lady - 12-18-2012, 03:35 PM
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