Here is a conversation from the movie Rebel Without a Cause 1:38.
Jim: Hi. Hi. Wait a minute. Hi. I've seen you before.
Judy: Well, stop the world.
What does Judy(Natalie Wood) mean by "Well, stop the world"?
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Natalie Wood is using the expression
Stop the world
sarcastically when Dean says he's seen her before, it has the same meaning as
So what's, big deal
As if it's so momentous that the world should stop
she trying to play it cool and nonchalant with Dean whom she obviously likes.
It should not be confused with the 1961 musical
Rebel Without A Cause came out in 1955.
A similar phrase is
stop the presses
which was used during the printed newspapers era when newspapers needed to be updated due to breaking news.