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/biz/ - Business & Finance


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11351718 No.11351718 [Reply] [Original]

IMF predicts another Great Depression.
http://www.atimes.com/article/great-depression-ahead-imf-sounds-dire-warning/

>Even some market bears were taken aback. “Why,” asks Michael Snyder of The Economic Collapse Blog would the IMF use this phrase “in a report that they know the entire world will read?”

>Italy’s debt woes are an obvious weak link. One reason: just as with US officials after 2008, Europe did more to treat the symptoms of its woes than address underlying causes.

Things are gonna get bad everyone.

You need to make sure you have everything in order.

>> No.11351729

EXIT EVERYTHING
HEDGE WITH CRYPTO

>> No.11351744

>>11351729
>hedge with a highly speculative asset that will be liquidated to buy low on the commodity market
/biz/lets

>> No.11351764

>>11351744
Value of fiat down -> value of crypto up

>> No.11351783

>>11351764
Just that the USD will skyrocket with Trump, while every other currency is going to the shitter, meme money included. Never bet against the energy and biggest military currency

>> No.11351786

>>11351764
except Dai, Tether, or any other stable coin tied to the dollar.

Buy Digix now for the perfect stable coin.

>Gold backed

>> No.11351788

>>11351718
BTC $1,000,000 confirmed

the 10/10/18 prophecy was real guys

>> No.11351799

>>11351718
Soon but not yet, dow jones going to explode with massive gains over the next few years.
After that we have the biggest depression for 300 years

>> No.11351800

>>11351788
maybe one million gayro
which will be equal to maybe 1 dollar

>> No.11351822

>>11351800
Hyperinflation says it is true

>> No.11351841
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11351841

>>11351800
nocoiner cope

>> No.11351849

I remember reading predictions for the next big crash being imminent as far back as 2012, is this one in particular more to be taken more seriously for some reason?

>> No.11351865

>>11351849
Corrections are inevitable but are hard to predict because their motions are generally affected behind the scenes.
There's no sense trying to predict unpredictable but inevitable events, all smaller players can do is try to ride the wave.

>> No.11351878

>>11351718
yall are dum there will be no crash, no depression, its just fud

>> No.11351889
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11351889

>>11351718
>>11351729
>>11351744
>>11351764
>>11351783
>>11351786
>>11351788
>>11351799
>>11351800
>>11351822
>>11351841
>>11351849
>>11351865
>>11351878
BUY BERKSHIRE HATHAWAY

>> No.11351893

>>11351849
They keep predicting a crysis and one day it will happen.
There are a lot of metalbugs out there and metal baghodlers.

>> No.11351929

Anyone got the stock market against fib levels graph?

>> No.11351946

>>11351800
1mil per btc won't be that impressive if it only buys a loaf of bread

>> No.11351960
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11351960

>[unintelligible noises]
>yes
>the phoenix has risen
>[unintelligible noises]
>yes, yes
>the cold storage is ready
>yes, one million bitcoin
>[unintelligible noises]
>start the short dollar vortex
>[unintelligible noises]
>get the jeeps ready
>bunker location is sent
>[unintelligible noises]
>dump all altcoins and stocks
>[unintelligible noises]

>> No.11351972

>>11351946
If srhtf, a frozen loaf of bread will have a higher roi than crypto over its whole existence

>> No.11351994

>>11351972
Thanks just bought 100,000 bread. When moon?

>> No.11352010
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11352010

>>11351994
Soon brother, soon

>> No.11352018

>>11351718
What's the best investment pre depression? Bonds right?

>> No.11352024

https://www.businessinsider.com/saudi-arabia-threatens-to-sell-us-assets-over-911-bill-2016-4?international=true&r=US&IR=T

>> No.11352028

>>11352018
Don't fucking touch bonds right now.

>> No.11352031

>>11352018
not when states have 1000% more real debt than their average GDP

>> No.11352042

>>11352031
jesus....we are so fucked

>> No.11352054

>>11352042
You had 10 years to stock up on canned food, guns and ammo, including a last economic sperge out to get more of the assets that will get you everything when nobody will be able to pay security force wages, let alone pensions

>> No.11352056
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11352056

>>11352042
https://www.france24.com/en/20181010-trillions-us-net-worth-vulnerable-recession-imf

>> No.11352061

>>11352042
we're not fucked
this is literally why crypto exists
did you think that the phoenix was a meme?
crypto will replace the old system.
prepare for the ride.

>> No.11352069

>>11351718
Link recession depression proof? Perhaps, banks want to save as much as possible so using DLT would be a great option. But businesses would be I a hurry to implement smart contracts to shave off money from lawyers. I think we’ll be okay.

>> No.11352072
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11352072

>>11351960

>> No.11352078
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11352078

>>11352018
>>11351893
>>11351929
>>11351946
>>11351960
>>11351972
>>11351994
>>11352010
>>11352024
>>11352028
>>11352031
>>11352042
>>11352054
>>11352056
BUY BERKSHIRE HATHAWAY

>> No.11352104

Good.
I "invested" 20k into facebook and lost almost all my money. I'm sick of this jew facade that you can make money on the market. I hope everyone loses their hard earned cash, so that a jew thief can send his little shit to Harvard.
Sincerely, I want it all to burn. I want to relish in the heartache of you absolute stooges. I want chaos.

>> No.11352105

>>11352078
Why do the lizards always look the same? Pale white skin, fat as fuck, old as fuck, glasses, modern cooky wooky haircut.

Oh right theyre lizard.

>> No.11352109

>>11352078
Fuck off Warren

>> No.11352117

>>11351744

Yeah, I should totally hold Gold....which has been atrocious and a massive slump. Well, actually I probably will get some Gold as well, or at least some DGX tokens on Ethereum. Bottom should be close.

>> No.11352152

>>11352104
Someone needs to clean up their room

>> No.11352168

>>11351849
You are correct, but the IMF always does their best to give a rosy outlook, or at the least to assure investors that there is a plan, any downturn is just part of the process, etc. This is blunt.

>> No.11352170

>>11352018
Unironically gold

>> No.11352188

>>11351718
if europe falls, the US stock market is going to SOAR, its where rich people move their money when there are issues in other economies

>> No.11352195

>>11352117
The fact gold has been performing atrociously is exactly why you should be buying it hand over fist you fucking idiot

>> No.11352208

>>11351718
FUCK FUCK FUCK, IM BUYING GOLD.

>> No.11352217
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11352217

>>11352195

>> No.11352252

>>11351849
back in my alex jones they where saying it then too. This was like 2004. This is probably fud either way im ready. Ive had 10 plus years to accumulate ammo

>> No.11352254

>>11352195
We need smthg new, fren.
Gold is old.

>> No.11352333
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11352333

>>11352078
too late, Warren.

>> No.11352341

>>11352254
>t. desperate marketing faggot
You can't just get rid of ancient memes, probably genetically embed ones.

>> No.11352346

>>11351718
Buy signal if i ever saw one

>> No.11352361

>>11351788
checked. i've been waiting all year for this month. we made it, lads.

>> No.11352405

>>11352078

Unironically. They love a crashing market

>> No.11352411

>>11352104
Boomer stocks. Not even once.

>> No.11352445
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11352445

>>11351718
pls be true
dont let me down
misery be on the horizon

>> No.11352478

>>11352061
this guy gets it

>> No.11352522

>>11352478
>>11352061
you literal retards, forst gold will go to 5k and gold is shitty af and will drop below 1100

>> No.11352611
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11352611

>>11352152

>> No.11352625
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11352625

>>11352061
>crypto
Sorry tim, your bags will not pump.

>> No.11352876

>>11351889
Need dem trafficked baby brains

>> No.11352953

>>11352522
>he fell for the gold meme

>> No.11352958

>>11351849
Because its the fucking IMF saying - yeah its fucked and we have no way to fix it.

Thats different than some peter shill, harping alone.

>> No.11353263

>>11351718
go to sleep bears. i'm buying more

>> No.11353334

>>11352170
It's in a bubble.

>> No.11353597
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11353597

>>11352611

>> No.11353611

>>11351718
>Asia Times
>Accuracy
Pick one

>> No.11353803

This means open long positions

>> No.11353884

>>11353597
Fucking brilliant. Post modern philosophy btfo

>> No.11354060
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11354060

>>11351718
>believing Jews

>> No.11354238

>>11353884
>peterson is a post modernist
You are one interesting kind of retard

>> No.11354575

>>11351718
>the economic collapse blog

Lol a totally unbiased source?

Yes please sell everything and buy canned food you normie poorfags. Please do

>> No.11354801

>>11351865
Small bets on Black Swan events hedge big bets on incremental sure things.

Taleb told you fucks what to do a long time ago...

>> No.11354843

>tfw you were born just in time to see the collapse of the united states

>> No.11354891

>>11354843
Yep.

Popcorn.gif boys

Global financial panic soon. Wouldn't be surprised if other shit starts hitting the fan at the same time, like Ebola outbreak, superbolcano eruption, etc...

>> No.11354955

>>11354238
Joke’s on you, he’s not even a philosopher.

>> No.11354985

>>11354801
That's exactly who I learned it from.

>> No.11355028

>depression mean reduced cost, crypto has high costs to maintain invest in a security with high maintance costs

>> No.11355048

>>11355028
>I can’t speak English

>> No.11356140

>>11351718
Man I need to get cash so I can buy cheap shit

>> No.11356256
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11356256

>>11353884
TAS of this board

>> No.11356910

>>11352611
plz tell me this is real

>> No.11356923

>>11352188
Literally fine with me. I planned on moving to Eastern Europe and working remotely remotely for a company in the US soon anyway

>> No.11356989

Should I go all in on SQQQ right now?

>> No.11357922

>>11352042
don’t you worry about indebted countries
take me, I am Italian, and I just close my bank account: disinvested 50.000€ plus all the liquidity in it (10.000€). Gonna keep it in cash in various places.

you should not worry lol

>> No.11357975

>>11351786
>except Dai, Tether, or any other stable coin tied to the dollar.
Except that the dollar peg for DAI is completely optional, and the long term goal is to peg it to a basket of commodities. Literally Nash's "ideal money".