Twitter Is Really Depressed by WSJ Analyzing How Nuclear War Would Impact the Economy
As war between America and North Korea becomes increasingly possible, The Wall Street Journal decided to examine what could happen to the world’s financial markets in the face of nuclear conflict.
Analysts are trying to work out what happens to markets in the event of an all-out nuclear war https://t.co/hGEOi45G44
— Wall Street Journal (@WSJ) August 11, 2017
Analysis gathered by Mike Bird and Riva Gold suggests that the market for investment banking will come to a worldwide halt since fewer people would be prepared to take on the increased risk factor. The piece goes on to predict that various international currencies will experience significant value fluctuation, share markets will fall by at least 20 percent, and global stock will react in accordance to the duration of the U.S.-North Korean conflict.
Some analysts say there’s sufficient data to predict that market reactions will return to normal if the current spat is another temporary moment in international politics. As for WSJ‘s initial question, however, many Twitter users decided to answer with comments about how nuclear conflict will cause the death of capitalism, along with the rest of the planet.
They may go down, and that will get everyone really upset. https://t.co/qP0Yf7HS45
— David Corn (@DavidCornDC) August 11, 2017
Investments in bottle caps will skyrocket https://t.co/ji58njJGOV
— Alex Griswold (@HashtagGriswold) August 11, 2017
My financial advisor recommends we invest heavily in pointed sticks and, if possible, an old grocery cart. https://t.co/6JXuoJU8so
— Kevin M. Kruse (@KevinMKruse) August 11, 2017
Makeshift housing starts are through the roof as corrugated tin scavengers beat expectations! https://t.co/HyL8fQPf2c
— Noah Rothman (@NoahCRothman) August 11, 2017
Remember the scene in Dr. Strangelove where, on eve of nuclear annihilation, the soldier wanted to defend the property rights of Coke Cola? https://t.co/HmBQWS9U2T
— Jeet Heer (@HeerJeet) August 11, 2017
They live in the ruins eating radioactive rats and each other. Same as the rest of us. https://t.co/t4odPqZVhR
— Stonekettle (@Stonekettle) August 11, 2017
Crash. Next question? https://t.co/hGfJws3N45
— Sam R. Hall (@samrhall) August 11, 2017
One leading strategist says do not become addicted to water. It will take hold of you, and you will resent its absence. https://t.co/nsQtt9zNT2
— Dave Itzkoff (@ditzkoff) August 11, 2017
Capitalist economic theory suggests market crash and depression. Juche Idea of Great Leader Kim Il-Sung leads to constant economic growth. https://t.co/6vJwfkrfmV
— DPRK News Service (@DPRK_News) August 11, 2017
Well, if New York’s not there, the Dow probably won’t be very high wait why are we even talking like this? https://t.co/wcORfyBNlu
— Eric Garland (@ericgarland) August 11, 2017
[Image via National Nuclear Security Administration]
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