The new push button solution ? (computor says NO "cough" )

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Got this little tidbit from a news letter I receive



Technical Glitch Keynesianism

The stock markets have discovered a new way of reducing volatility. It's called the 'turn it off method' and the London Stock Exchange, Borsa Italiana and ASX have all trialed it in the last two weeks. Italy was first, with a 'technical glitch'. Fears over Italy's exposure to Libya caused the stock exchange to remain closed for a day after it had fallen 3.6% the day before. Then the LSE experienced a 'technical glitch' shortly after UK GDP was revised downwards. As your editor is writing this, the ASX has ceased trading. Why? A 'technical glitch'.
Click to expand...
http://blogs.wsj.com/marketbeat/2011/02/28/trading-on-asx-suspended-pending-probe/

A handy little way to cool things down huh.
 
I was thinking about that.

There are also "glitches" happening to our banks. Commonwealth had one few days ago. National bank had one too.

I am wondering if they are testing anything. But if SHTF they will freeze ur cash in the accounts right? Might as well start taking it out and store it under your pillow.
Paranoia?
 
I'm for the 'glitch conspiracy theory'. NAB got out of strife with it and since they all follow the leader there you go. I think it started in the flash crash last year on Wall St.
 
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