/biz/ - Business & Finance

With ETH about to breach $3.5K soon I'm officially a multimillionaire again.

Time to celebrate

I charge my ex gf $50 a month to come visit our dog.

>>55620554
It's pretty straightforward desu

TL;DR: USA population grew, Eurozone did not. USA recovered stronger from 2008 because we threw money at it, Eurozone did not. USA has a better 'default' economic position because of better banks and cheaper energy and a more diversified economy than most of Eurozone.

>Population
Eurozone Pop: 334.29M
USA Pop: 304.1
Eurozone Pop (2022): 343 million
USA Pop (2022): 333 million
>Growth
Eurozone was absolutely fucked by 2008
After 2008 they had massive contractions in growth / employment / etc. Many countries much worse than what we had in the USA.
This was made worse by the fact that they were (1) all on one currency so countries couldn't use monetary policy as a tool and had to do one-size-fits-all; (2) Eurozone rules prohibit running big deficits so couldn't stimulate as a tool; (3) many Eurozone economies are pretty middling (Italy / Spain / Greece / et. al) even before 2008 so they just didn't have the strength to get out of it without help, which they couldn't get because of (1) and (2).

In contrast, the US spent a lot under Obama on recovery programs (1T over 5 years) and then Trump slashed corporate and personal taxes (~3T over 10 years) and now Biden is continuing with his Green energy and semiconductor investments. These all have stimulating effects on consumer demand and thus industrial/commercial activity.

The other X factors the US had was (1) lots of domestic energy (lower energy prices for consumers and industry); (2) much stronger / bigger / more profitable banks that got back to lending much faster than in Europe; and (3) just in general a big as fuck economy with lots of different industries. Many major European banks are STILL barely profitable and hold huge portfolios of shitty loans. US banks are well back to profitability and big lending.

good morning gentlemen, i have a remarkably important and field-changing financial announcement that i will be making very soon. all frens please report

It's pure entertainment to see you plebs run around like chicken with your heads cut off. All you can do is watch like a cuck and react like an NPC to the market decisions that we make, the whales. Have fun with your little chart astrology.

>>54453072
He's calling for a near-double. I think. That would be great for SHIB and get some of the buzz back. Also looks like SHIB went up about 10% in the last 24 hours alway a good sign.

I love watching poorfaggets fight over which coin is better, just take advantage of what's good about each one. For example I'm mining BTC and staking AVAX

>>54265592
>>54265627
>>54265978
>>54266230
NGMI
>>54266280
>>54267794
>>54268059
>>54268322
GMI

Love seeing /biz/ get rekt, while you retards argue about AVAX and ICP, I've become rich through AMP and COMPOUND

>>53798283
>be me
>company partner says we have a big problem and can't solve X
>everyone says it's impossible
>find out they're lying to their clients they can do X to land the contract
>contract is worth millions
>spend a few months, hundreds of hours of my spare time coming up with a solution
>present it to management, they tell me to wait until performance review for a big raise
>at performance review they come up with reasons to only provide inflation tracking raise
>barely making minimum wage to begin with when calculating # of hours worked
>decide to resign from company
>management only offers 40% raise after I turn in resignation
>see job posting of my position at the company with almost twice my salary
>tell them to pound sand anyways and quit job
why are young men not working?

>Be me
>Gamble with shitcoins for years
>Get a virgin gf
>finally having a fulfilled sexlife
>she even agrees to try out a threesome with another girl
>Even in this bear market folio surpassed 500k$
>still in my 20s

Is this how it feels to make it?

Half of this fucking country is gonna be filled with retarded mexicans in 15 years, how can I take advantage of this business wise?

>>52214383
You can’t have my job, nigger.

I ran out of toilet paper today

First thing I did?
I made $1000 in a day
I made $1000 in a day like a maniac

I didn't panic, I just had to make
Couldn't keep it in my stomach

The moral of the story: don't quit too soon, especially with some toilet paper in hand

Have you stopped to ask yourself what a collateralized Ethereum price feed will enable, and what it will mean for ETH?

I'm here. Thank you for waiting.

>>50929077
post it
IF true you are in for a ride.
Enjoy the adrenaline.

>>50812772
You dropped these king

>>50806473
Mario if he real
And thank you for posting my pasta
Wami

>>50806171
16 Milly and it's just violently crabbing
Sussy got fickined mARGeD

don't forget, 20k to 10k is still a 50% loss faggots, cheers retards

you retards are getting a second dump and bullrun and you're sitting around shitposting on /biz/. i've maxed out my position, have you?

>RECESSION
>RECESSION
>RECESSION
I don’t think you know what that word means.
A recession is when the economy expands too quickly (like with loans and stuff) but then realizes the crap is too much and then contracts.
So for example boomer management laying off their millennial wagies because they can’t handle the loans for their three houses is a recession.

What we are in now is NOT a recession.
It’s a crunch.
A shortage of credit, (because boomers are taking their money out of stocks and such and putting them into greenbills and other locked in portfolios)
And a shortage of labor, (Because boomers are retiring)
Which then follows into a shortage of goods, because there’s less labor.

The particular hot spot for labor and productivity shortages right now is China.
Between the one child policy and Covid lockdowns they have basically thanos snapped their potential labor pool in half, probably more than half.

It is cheaper to build goods in the US / Mexico trade block right now than anywhere else in the world.
So if you want to invest smart in a crunch, invest in anything related to commodity output in the US/Mexico; energy, manufacturing, anything commodities really.
Anything else is just going to be an investment that’s constantly getting crushed by the crunch at this point.
Except maybe agriculture.

I wouldn’t want to be Ray Dalio right now LMAO.

we're getting a second covid dump and you retards are losing money. now is when you fucking buy with everything you got. stocks don't go to 0, crypto doesn't go to zero - unless you're thinking its the end of civilization in which case, what the fuck are you doing on /biz/? shouldn't you be buying seeds, ammo and as much gasoline as you can fit in your fucking trailer? no friends, this is the start of the true golden bull - all signs point up up up