/biz/ - Business & Finance

>>52365867
Watch the documentary "empire of dust". The Chinese can't even procure gravel from the locals. The local help is notorious for stealing the materials, like you have the blacks each taking large chunks of PVC pipe and tossing it into the woods so they could get fetch it later. Like, they ALL take one because they can't count very high, they just see a bunch and figure that no one will notice. But they all do it and think they can lie about the shipment of pipes being low. Again, because they don't have any idea what accounting is, they think it is all the same. It's a literal hellscape for any type of industrial project as the infrastructure is poorly maintained, and the local help is detrimental to the project. You can even see other documentaries where blacks had roads built in the 1950s that have been completely worn down. Blacks get trucks stuck in the mud and 50 grown men will just sit around without a single attempt to get the trucks unstuck. Like they literally cannot work together to solve anything for themselves. They literally look into the camera and "please! someone come and build us roads!". They can't even organize a way to put rocks and gravel down to even imitate what a road is. It's pretty eye opening what the nature state of these people looks like. They are perpetually on the cusp of nature reclaiming EVERYTHING that has been built for them. Once a truck stops working, it will be abandoned and rust away. Even black trained farmers are quick to spend all of their money and forget to reinvest in fertilizer for the next years' crop. Without being reminded about it, they just splurge everything they have immediately and return to sitting around doing nothing.

>>51702615
Kermit didn't jump, he was pushed.
https://www.youtube.com/watch?v=Ixcsd0kzSbo

>>51593909
The fed can raise rates but every corporation, state and local government and even the federal government will get blown the fuck out by rollover risk.
The death trap of lowering interest rates is that as they are lowered, people can afford X amount of interest payments. But when rates rise they are instantly bust the second they need to issue more bonds. That is a contraction in spending which will lead to the deflationary death spiral we all know about as credit is tightened, asset prices fall, spending falls, unemployment rates rise, welfare claims rise, tax receipts fall, housing prices fall, wealth effect evaporates etc.
Nasty nasty nasty things are all set to break apart, and even the boomers, Xers and Millenials are all tapped out and essentially worthless in terms of being capitalized consumers who could spurn some economic activity.

Why do I always post only to find out that a new thread is open. It happens every fucking day.

>>51470411
It's not a lie to call these people financial terrorists. Those balance sheets are literally inflated like bubbles out of nothing via the process of naked shorting. People can literally use financial tricks and just conjure up a $65BN portfolio out of nowhere and start extracting wealth. It's a complete mockery of everyone in the entire world who has worked even a single day in their lives. Some fucking suit can sit at the end of the table and eat the largest portion of the product of humanity like they were gods. We could (and probably should) shove these people into Bezos' cock rocket and fire it directly into the sun. Destroy the 1% and their families and negate ALL of their stupid ownership claims and suddenly everyone on this fucking planet will be able live decent, respectable lives once again. Fuck this shit. These faggots make us work our hands to the bone under the duress of being bankrupted by the healthcare industry, or our wealth being erroded by inflation. All for the simple fact that their "wealth extaction" scheme is too readily available to everyone in America. They literally have to impoverish us all just so the system doesn't collapse from being too top heavy. Remember, these people's wealth means jack fucking shit unless there are other people working and toiling for THEM. This entire economy is going to be snatched back up by THEM the second it suits them.

>>51442314
Oh right, I need to remind myself that people don't spend 6+ hours a day on this site.

>>51335412
>queue
>queeu
>queen
Coincidence?

>>51308715
Sometimes it feels like these last two weeks will never come to an end...

>>50975988

>>50891799
People don't realize the nature of leverage and how it expands balance sheets. This has a ballooning effect on asset prices such as housing, stocks and bonds. If you remove increases in debt of the U.S. economy, we have not had organic growth in the GDP since 1983.
And a contraction in consumer credit has reverberating effects. A mere contraction of $200BN in consumer credit brought down the housing market by $7TN.
Make no mistake, it doesn't matter how much money you make in housing or the stock market. At any given time, a loss of 80-90% is catastrophic for anyone, no matter how much money you have.
Your house will crater in value as that sector deleverages. Your stocks will be sold off and will NEVER reflate again as the capacity to play monetary games like we have been doing for the last 40 years comes to an end. The $700BN trade deficit we run will return to historical average of trade being net-zero. A loss of that size will collapse the U.S. service economy as all of that production is used to prop up corporate profits, dividends, jobs, and taxes. That's right, folks. The endless sprawl of big box stores jam packed with seemingly endless goods is coming to an end, and they will cost a hell of a lot more than they do now. The world doesn't need dollars anymore and the Petro Dollar already fell apart this very year. The economy we grew up in is gone and a much more poor existence for Americans is on the horizon.
Go read any boomer investing book from the 1970s and see what those markets were like relative to today where you can just seemingly make fortunes off of nothing. All of that liquidity will be gone. Your grandparents, in a sane economy, would literally wash and reuse their alumiunum foil. They only ever ate out a few times a month, if ever. All of the fake growth in the U.S. economy is a function of that very $46TN bond market that is about to blow up in our face.

>>50868123
...
They're not swapping portfolio managers similar to that show 'Wife Swap'?

>>50813085
I absolutely agree that clown world needs to come to an end and bad debts/etc need to be cleared from the eocnomy. But make no mistake about it, the loss of $700BN annual trade deficit is going to hurt like a mother fucker. We could have a decade of poverty, crime, and unemployment before shit ever begins to pick back up again. And for all we know the elites will unleash a glut of fentanyl on our country just to fuck with us during times of political instability. They may even hand over a cache of weapons to partisans, or let the Mexican drug cartels loose on us.
You better believe that the possibility of the existing power structure prevails is non-zero. The good guys aren't just going to win because we are proven right.

>>50422579
>>50422627

>>50373073
Are you all bots....

>>50343331
oh shit maybe i am the faggot

>>50292381

Hey guys, I'm sorry I bought stocks a few weeks ago and that's why they're all crashing.
I'll sell them all now so we can stop being in a bear market.

>>50024856
tfw I panic bought a 100oz Johnson Matthey bar during the Ukraine invasion for $3200.

FOMOing into metal is a serious hazard to any stacker. At $26 per ounce during geopolitical events, who in the hell could foresee silver dropping to $21 per ounce.

Hi everyone :)

There are infinite ways to make money in the internet... unfortunately infinite ways to lose money as well

>>49534607
No joke, we are probably within 2 months of the wheels falling off of this thing. Not just the shorts but the whole financial system. Best to spend this time acquiring some "prepper" tier assets for a bump few months such as weapons, food and precious metals you hold outside of the banking system.
Inflation cannot stop unless the Fed jacks rate up HIGHER than the inflation rate for a period of MONTHS just to bring it under control. Cascading defaults, bankruptcies, foreclosures, and unemployment will be the result.
You know what happens if we do nothing? The bond market is $46TN in size and if it is losing 10% of its value every year then that is close to 22-25% of the U.S. GDP just evaporating straight off of balance sheets. Those balance sheets include pensions, social security,insurance funds, etc. So we are all being impoverished and we all have trillions of dollars worth of losses to eat. This is no joke, the day of reckoning is here: You can't spend your way to prosperity. A healthy economy is a function of savings and production. Only by some divine intervention were people able to sniff out a MASSIVE liability of the elite in the form of Gamestop and bite down on their ass just in the knick of time. For all we know, the Fed would have pulled the plug long ago if not for the DTCC & the Fed being on the hook for an impossible amount of money. This is a wrench in their gameplan that none of them were ready for. A 2020 style crash is not possible now as a means to control inflation, or kick start a bankruptcy/debt jubilee. The plebs are people they are trying to destroy. Fairness and the rule of law is only a facade to run cover for their thievery. They know the stock market is overleveraged and they can never unwind GME shorts. They also know the political landscape is bad enough to have them all dancing on air from a lampost if they can't pay up. Expect a mass exodus to Israel.

I just put 20k into vanguard to slurp a dip but feeling a little fudded. Sigh. I just want this shit to happen so I can just not work.

I love the volatility. I'd rather see the price drop $10 than suffer one more day of the crab.

>>49301977
S...SNEED