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> Genuine question: They can just do that ? Issue a trading halt because they don't like the direction it's going ?

This is a dangerous game, in that it is indeed revealing the artificial, make-belief, nature of financial markets.




Were people under the belief that financial markets grew on trees or were formed by lithification?


That's funny. But I was only pointing out that this is akin to markets saying: this game only works as long as we can change the rules. This kind of statement is not conducive to trust. Unfortunately, the whole financial field needs trust to thrive.


I'd agree if the rules had been changed on the fly, as a response to the current events, but they weren't. The rules were known and they were activated as expected.


> The rules were known and they were activated as expected.

True, if surprising to me. It's a rule from the onset. I didn't know that.




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