nwgull
Well-known member
One of the things that pisses me off about this situation is that the markets are allowed to tumble. Surely, in these desperate times, governments should suspend the markets. Pension funds, Isa's etc are all taking a massive hit and I suspect there will be some hedge fund managers who will making a killing as the rest of society struggles.
Pension funds will recover if and when the market recovers. If a stock doesn’t recover then it’s because the fundamental value of a share has plummeted and there’s nothing a government can do about that.