Japan’s exchange operator briefly called a halt to trading in Nikkei stock futures on Monday morning because of a sharp fall triggered by President Trump’s tariffs.
The “circuit breaker” system calls for a 10-minute pause in trading when the widely traded Nikkei 225 futures product is poised to ris
It’s for sure plausible.
Whenever a collapse happens, the rich get richer by buying up cheap assets, like houses and land.
And since corporations are immortal, these assets will forever be owned by them generations into the future.
It’s fiefdom, except that it’s much MUCH more stable over time given modern economies.
If and only if the corporations can maintain control of the government, which has the power to destroy them.
They’ve had total control for almost a century, so that’s fairly stable, but it still would only take a few motivated populists to wrest control.