/biz/ - Business & Finance

could the stock market, economy and crypto really be in a new paradigm?
the entire planet is in lockdown and everyone is sitting at home collecting welfare yet everything is going along smoothly, people are still getting fatter everyday, their Amazon shipments still arrive, their stocks and crypto keep going higher, etc. because Sweden, Japan and China have no lockdowns so they produce the cars, electronics, clothes and home appliances we want

as long as the producers keep accepting dollars and euros this can literally keep going forever, and why wouldn't it?
the US has printed and sent trillions of dollars overseas in less than one year and yet the dollar is much stronger than it was in 2007-2014
if there was ever a time to abandon the dollar (and all fiat in general), that time is now - yet everyone clings to it for dear life
meanwhile gold, the supposed ultimate safe haven, that by all metrics should be going to the moon has barely moved up and is now bleeding to death without any sign of recovery

it doesn't even feel like anything bad has happened, it feels like there was never even a crisis to begin with, it feels like the economy is greater now than it has ever been..
I know that sounds stupid but compare sentiments in 2008-2010 to sentiments right now..
back in 08 millions lost their homes and their incomes, no $200 a week check, booming stocks or 100000x crypto
now no one is hurting, everyone is euphoric and there is no end in sight...

am I retarded or what the fuck is happening?