What if Stock Markets Disappeared? | #aumsum #kids #science #education #children

Buy AumSum Merchandise: http://bit.ly/3srNDiG Website: https://www.aumsum.com What if Stock Markets Disappeared? Firstly, stock markets around the world are worth $95 trillion, if stock markets disappeared, humanity would suddenly become very poor. Secondly, companies raise a lot of money via stock…

What if Stock Markets Disappeared? | #aumsum #kids #science #education #children

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Buy AumSum Merchandise: http://bit.ly/3srNDiG
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What if Stock Markets Disappeared?
Firstly, stock markets around the world are worth $95 trillion, if stock markets disappeared, humanity would suddenly become very poor.
Secondly, companies raise a lot of money via stock markets, if stock markets disappeared, unemployment numbers might skyrocket.
Thirdly, some people without any proper study make risky bets in stock market, if stock markets disappeared, these people will be saved from complete ruin.
Fourthly, if stock markets disappeared, people will start investing more in gold and silver, their price may skyrocket.
Fifthly, New York Stock Exchange is the largest stock market with a market capitalization of over 25 trillion dollars, if stock markets disappeared, economic standing of USA might come down.
Lastly, if stock markets disappeared, the income inequality between the rich and poor will come down by a lot.

Reference:
https://www.cnbc.com/2020/11/12/global-stock-market-value-rises-to-a-record-95-trillion-this-week-on-vaccine-hope.html

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