/biz/ - Business & Finance

>>50772400
>2022
>having friends

>i invest
>soon after, russia invades ukraine, the bull market ends, and we enter a bear market for the first time in over a decade

how many years am i gonna be bagholding? all i can say is thank god im DCA'ing but holy shit this is uncanny, how can i be this unlucky?

The collapse is going to be so spectacular, it will make 2008 look like nothing. There are so many USELESS people producing USELESS things in this economy, it is far worse than it was decades ago. I honestly see something like a 30% or greater unemployment rate like a lot of third world countries right now, but in the first world when it all goes down. All of these women with college degrees who are so good at organizing meetings, planning presentations and forming committees and planning projects are going to get laid off within the next 10 years. There is little hope for them. These skills do not make money. No. Most of them were simply diversity hires or hires for the diversity hires on a long corporate pyramid scheme that is subsidized by unlimited loans and fake fiat financing from the fed and its investment banks. The last few recessions since the 70s have been test runs for this one. The great big collapse is upon us. Prepare yourselves.

>>20123901
>You don't know what the fuck you're talking about.
yes i do
>I don't manage some shitty ass private clinic either.
then you dont have a significant position. If you do, get ready for Big Brother to come knocking at your door asking where your black employees are.

>>2430611
I am honestly trying to understand the business side of this decision, fag.