/biz/ - Business & Finance

>well-known, blue-chip companies with good p/e ratios and debt getting annihilated
>the only refuge from this crisis are black magic inverse leveraged ETFs

someone must be responsible for this

/leftypol/ here lads. bunker stocks are SOARING RIGHT NOW.

I come to speak the of the future dear anons. Here lies what is to come.
>Biden primary euphoria brings the markets to 30K points on the DJI over the coming weeks and perhaps months.
>At some point within the next 1-6 months the coronavirus accelerates into a full blown pandemic. The global average death rate is higher than initially expected at ~4% though this is only ~1% in countries with developed healthcare infrastructure.
>Burgers think it is only a flu. Many get infected due to a stupidity singularity like flying to Italy on holiday only to go large public events. Even more Burgers die than expected because many don't want to pay healthcare bills. Burger death rate is 2-3%.
>As the first wave of the outbreak hits the rest of the world the second wave begins in China forcing China to again close most factories.
>Supply chain disruption ensues as China and most of the world see workplace closures.
>During the summer of 2020 Locust Plagues devastate African crops.
>Famine ensues in Africa, which like the Arab Spring, causes revolt across much of the North and Eastern portion of the continent causing more supply chain disruption.
>Oil prices fall as demand falls from lack of consumer spending and factory closures.
>Sometime around here a loarge stock market shock takes place. Worse than great financial crisis, perhaps black Tuesday 2.0
>Media blames coronachan, but coronachan is only catalyst
>Zombie firms through stock buybacks, federally subsidized rehypothecation of junk debt and state debt monetization have artificially planned the economy for decades. Unlike the USSR, this planning was for profit not the benefit of the people. The end result will be the same.
>Central banks from Brussels to Washington to Beijing find their methods of greasing the markets inffectual. The decline continues, there is no recovery like in 2009.
From there I cannot say. Head my warning comrades, buy gold and crypto.