/biz/ - Business & Finance

>>12028746
Once the DJIA hits 23,500 you're gonna see some serious shit

>>12014721
I've been debating moving to Southern Argentina/Chile and buying land outside major cities/towns so when developer come they have to buy my overpriced land first.

>>12007162
Sears and Best Buy are fucking obvious. Throw Gamestop and most other electronics stores on the list. Nobody who is still buying electronics is afraid of the internet except for boomers buying televisions and even then they're starting to go to Amazon after checking stuff out in store. GM, GE, and Ford won't all go out, they'll most likely merge before that happens. They're also pretty heavily subsidized so I doubt they'd just go under.

I can see Kohls, Old Navy, or any other clothing store shut down all their brick+mortar and switch to online sales only. Shoe companies might fair slightly better but most will have to shut doors or consolidate.

Depending on how the recession goes I can see one of the major banking brands (wells fargo, BoA, Citibank) going out of business because daddy Trump won't bail them out like Mombama. Banks are already shutting down "financial centers" (i.e. real banks) and replacing them with ATM's and screens that connect to their call centers in Texas because they can't afford to keep them open.

>>11667438
agreed, reddit is the most likely culprit because they're the "smart hipsters" of the internet, they have the most incentive to try to get attention by saying "fuck google" and switch to Brave. Its also an easy platform for normies to get in on crypto so the normie half has a way to participate as well. this is the ignition flame

once this baby hits 5000 you're gonna see some serious shit

you're gonna see some serious shit