/biz/ - Business & Finance

>>55324601
Not reading your bullshit, quit being weak.

>mfw reading up on the ponzi scheme that is the US dollar value
how did I not know about this

What the fuck was Nixon on when he did this FIAT bullshit

what fresh hell have I discovered

>>18387174
underrated

>>18387153
>maybe, but there's no percveived bad actors this time around, just a black swan and a government mandated shutdown, so there's wide support for keeping everything going, and providing loans that could become more like grants.

perfectly sums up my logic behind longing AAL this week. Forget about the buybacks! The US is now in the business of keeping everything afloat as it was before the virus. They let bear stearnes fail because there was some admission of wrong doing.

>>18387075
buy high and sell low. biz never changes

>>17479976
lol
this is my favorite link to post when people talk about single digit mortality rate: https://www.theguardian.com/world/2020/feb/18/coronavirus-kills-chinese-film-director-family-wuhan-covid-19

All four people in this guy's family died. If the mortality rate was 0.1%, then the chances of this guy's entire family dying would be 1 in 1,000,000,000,000 (one trillion).

If the mortality rate is 2%, the chances of this guy's entire family dying would be 1 in 6,250,000.

If the mortality rate is 20% then the chances of this guy's entire family dying would be 1 in 625.

This guy's family must be fucking LUCKY!