/biz/ - Business & Finance

Pull all of your investments. Liquidize everything.

People are really underestimating the ramifications of these California wildires.

Do these insurance companies have enough in liquid assets to pay this shit out? No way in hell, all companies go off projections not legitimate assets

Youre talking about premiums that are probably 100k a pop for these palisades structures. They are insured a minimum of a million. Theres 2k structures burnt down and counting

They are looking at over a billion dollars AT LEAST worth of payouts and the premiums account for 1/10 of it

If Trump bails them out, economy falls to beyond COVID levels. If he ignores it, rich people pull out of everything to protect their net worths.

We are beyond fucked.

>we're about to close with a red weekly candle for the first time in 6 weeks

Is 25k xerpies enough?

BROS THIS IS NOT SUSTAINABLE

It's going back down soon, right? Why are we not sub $1 yet?

The amount of profits you can make in the stock market nowadays, just by investing and being patient for a few years, makes me think we will for sure get unrealized gains capital tax
No way they will let me become a NEET living off of passive income in less than 10 years

Guys I’m scared what if ICP is centralized and moonman is actually a scammer…