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NotPhil · 4310 days ago · link · · parent · post: Markets briefly plunge after AP’s hacked Twitter account falsely reports White House explosions
Markets require a huge amount of legal and physical infrastructure to function, and investors understand this. Anything which might interfere with the enforcement of property or contract laws, or currency regulation, or transportation, or communication, or power will make investors very nervous.What is it about disasters that makes markets plunge?