I just read a report on how the next solar magnetic storm could cause mass power outages, across the globe, and it would take up to a year to recover, at a cost of 1.5trillion dollars.
During that time, the financial markets would cease to exist, as no electricity, means no trading.
Just wondering what others plan to do if such an event occurs?
Cuz its not a case of if it will occur, just when it will…
Assuming you trade for a living.
Also…what would happen if you put on 10 lots, just before the storm, and it crashed.
Would they have to “find” your position after the power goes back on?
Since its all electronic bookeeping… would it have been erased by the power outage?? Money lost?? hmmm
Like to hear your thoughts