/biz/ - Business & Finance

>>51041219
I love how the dollar has been printed to the point of run away inflation and other currencies are even worse off. The global economy is collapsing and people are still on this board buying stocks and thinking they will make money when the stock market is going down while inflation is hammering its value anyway.

lol

lmao

>>17771332
The most bearish signal out there is that today is going to have massive pumps throughout the day and it still might be a red day. We are going into one of the most uncertain and panic driven weekends in memory. Holding right now is stupidity. Nothing about the fundamental nature of our economy is strong, this whole bubble has been created by interest rates that are about 2 points lower than the inflation rate, which are still available and able to do nothing to stop this crash. The only option the government has right now is to print money, and I mean trillions of dollars worth of money. The big problem is, the whole global economy needs money. If they do this, it will make QE1-4 look like a joke and we may get the inflation rate to double or triple over the next decade (I base my inflation rate on the big mac index which has the inflation rate between 2012-2020 at 3.4%).

So right now the only reason people think the market could go up or stay the same is the government/FED manipulating the market to do that. Can we think about that for a minute? There are people right now who are "buying the dip" because they are hoping that a few TRILLION dollars are injected into the market so they can sell high before it crashes again.

What drives an economy? Expanding markets, new technology, natural resource extraction. We have had none of those things since 2012 yet the DOW doubled in that time. Our current bubble is simply based off the FED having interest rates so low that it is PROFITABLE TO GO FURTHER INTO DEBT. It's a joke and this crash is the punchline.