/biz/ - Business & Finance

>>17847515
GET IN HERE
THE OFFICIAL /biz/ DISCORD, COME TURN THE CHAT PINK WITH US discord gg xFuuSTZ

>>17846999
>tfw i had to look to check it because you can't be sure anymore.

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>>17816053
i mean it's unprecedented when you think about it the entire fiat system relies on heavily taxation that is dependant on economic growth(the type of taxes that go up depending on economic growth or down depending on economic slowdown).

But this is something unique a total freeze on the economy will rekt this so hard that i am suprised no one is talking about it.

We are talking about 30% deficits in first world nations maybe more.
Because you are not talking about yearly taxes like a tax on property but taxes like vat or income that depend on economic growth.

And most governments are now depending on those taxes.

>>17816068
He got a point tough but it may be for the worse because if the usd is the only currency standing everyone will buy it causing deflation for the usa to the point that even service jobs would be outsourced due to how cheap foreign labor will be relative to usa labor.

It's what trump is bitching about everyone devaluating against the usd but on steroids.

>>17772847
FUCKING ORANGE RETARD MORON IMBECILE , YOU AND MNUCHIN ARE CONSTALTY PUSHING YOUR RESERVE CURRENCY WET DREAM.

And now every motherfucker is devaluating their currencies against that reserve currency, the reason why btc is having a hard time for the last 3 days is because all other fiats besides the usd is collapsing(and the usa will enter hardcore deflation because of this causing an economic nightmare).

This is why btc is suffering for the last 72 hours fiat is collapsing so hard you can't use btc as an intermediary due to how different prices are in one nation btc is 7600 usd(yes right now) and in other 6300 while internationally at 5300.

All of this because most fiat currencies are collapsing hard.
And Trump is not wrong in his analysis , he is wrong in his solutions, motherfucker wants a strong usd/reserve currency and fixing the trade balance.
Then the usd becomes too strong , the tarrifs cause the world to lack usd and everyone devaluates against the usd fucking the usa.

I don't know who is advising this retard in regards of the economy , the keynsian retard behind his economic policies has lost control.
The entire trade war shit had a logic behind it if the policies also aligned with it, instead they extended that shit so far they could not back down and now the entire world is entering a recession due to that and the virus.

>>17733886

6000 BREACHED
>6000 BREACHED
6000 BREACHED
>6000 BREACHED
6000 BREACHED
>6000 BREACHED
6000 BREACHED
>6000 BREACHED
6000 BREACHED
>6000 BREACHED
6000 BREACHED
>6000 BREACHED
6000 BREACHED
>6000 BREACHED

>>17675452
Hi faggit i hope your life is going well and you have many qts to choke.

>>17660631
FUUUUUGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG

>>17656894
God damn it. Yeah. Probably. It's going to become a self-fulfilling prophecy. Screen cap this post.

>>17455767
FTM, XCM, and MCO are my largest and only holdings.

It just isn't fair. Why do they care so much if neets make it, bros? I even will pay my taxes I just don't want to suffer anymore

>>17277303
I don't own any link. But I could probably buy another 500 with a credit card I guess. Being poor and falling for the student loan scam is suffering

Should I just go all in on crypto and stop trying to save money? Should I refinance my student loans to be like 20 years so I can throw more at crypto?

>>17254999
Inverted Satanic trips of truth. Listen to this demon, he knows.

My portfolio is all lowcap altcoins

So this is life.

>>17226592
No idea but you should sign up with Webull and give me sweet referral money. Robinhood sucks ass anyways and you get more stinks from referral lol
https://act.webull.com/i/Q7r61HVDk7aP/xyz/wb_deposit_us_01

Also fuck china ffs I was on a roll this week

WHAT THE FUCK WAS THAT DUMP

WHAT THE FUG WAS THAT

STOP SELLING YOU FAGGOTS

STOP SELLING

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>>10943373
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