Most international markets run thru NYC, and thus America.

So while other countries can sanction, everyone that could make that call has money in rates in NYC and would risk personally being sanctioned.

It’s a huge fucking deal, and silver lining is other countries are most likely taking steps to become more independent.

Which is a good thing over all.

It’s kind of like the Fediverse really…

Current market is basically Facebook era. Everyone is using NYC, so if you get “banned” you lose access to a lot of stuff.

The Fediverse splits the load, and if banned from an instance you just lose the slice that didn’t like whatever you did.

I got a assume that other countries are doing it, since even now Texas is doing it:

The Texas exchange hopes to benefit from companies that are frustrated with regulations like Nasdaq’s Board Diversity Rule, and increasing compliance costs that come with listing on the exchanges, the Journal reported.

investopedia.com/what-you-need-to-know-about-the-…

So the rest of the world is freaking out Conservatives control the American market, and conservatives are also freaking out they control the American market…