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What do?
Buy gold silver and BTC as well as alt that you believe will serve the system well (or insulate against it) in the upcoming dystopian nightmare we are all about to have to endure.Things are not looking good for the short and medium term
>>15244134>cash out before mama bear>cash in before el toro gigante
>>15244134Build your suicide stack now while you still have moneyWhen it pops you'll thank me. DXT, LIT, EDN; just for screenshot
>>15244134Do what you can to prepare honestly. Gold/silver on hand is good, as well as a small basket of crypto currencies. I would stock up on items that you use daily. (rumors of a trucker strike looming) Have a some cash on hand as well. Reading through the daily headlines and piecing together what is coming, it's going to get pretty bad this time around.
>>15244134tops not in on the us stock market yetput all your monies in burgerlandusd and/or private equitythen exit to the east after the parabola
>World economy is going into a recessionWhy?
>>15244134buy guns so u can just shoot boomers who try to barter with gold
>>15244134inpeach slumpfht
>>15244251Ahhhh DXT that takes me back. Damn I got joosted like a dirty dog on that. No idea how the team managed to fuck up such a great project. If it comes back i will unironically kill myself cos I had a fuckin monster stack>>15244431This desu of course sers
gold siver rubels land equipment and supplies
We literally had the yield curve invert like 4 months ago and people freaked out and got over it, if we were in recession it would already be plastered everywhere might as well just say we're in it and move on
>>15244548DXT? Never heard of it. I'm all in silver isn't it obvious?Now let me put on this Belinda Carlisle CD
>>15244753Doesn’t feel right at all, so we are going for another 20 year of unprecedented growth?
>>15244290>trucker strike sauce
>>15244134it's really not. Zoom out.
>>15244986Nigga is you crazy? ATH repeatedly for months on end. Monetarists and their apologists (you) get the rope
>>15244904I feel like we're fucked, globalisation has given all the jobs to the low income countries. Our wages can't rise because now we have to compete with jamal in sudanGold, low mcap crypto projects as well as big low interest rate loan if you can get it
>>15245173Low interest loan you say? Fuck that bet against the debt
>>15245715The idea is inflation is dead. Interest rates will only go lower, borrow up now because you can always refinance lower. As long as your portfolio outperforms the interest rate
>>15244134Deutsche Bank and Commerzbank will bankrupt within a year.Just look at the charts.
Can someone explain to a poor retard what all of this means? I don’t have anything in the stock market, I’m just a regular Joe college student who just got his first job as a lab assistant at a pathology lab in the biggest hospital in my county. Is my job safe?
>>15245900*college graduateNot college student
>>15244134Buy the dip
>>1524475315 iq
>>15244404Based and BoomerMenace-pilled
>>15244384jews
>>15245900how much college debt you got?
>>15245900In the US there’s a debt bubble and housing bubble; people are predicting a repeat of 2008. Although it probably won’t be as severe, you should save as much as possible and invest a little into gold/silver. As for your job, that depends more on how successful the company itself is more than the value your job provides. When shit hits the fan even people who provide high value get the ax due to budget constraints.
>>15245972None, thankfully I had a scholarship through it all.>>15246019Thanks anon
>It's going to be BIBLICAL
>>15244134No its not
>>15244134>What do?HAVE SEX
What should I move my 401k funds into?
>>15244986deflation incusd bye bye
>>15246019>Although it probably won’t be as severeWhy do people keep saying that? Everything I've seen points to it being worse this time round, partly because the economy still hasn't recovered from the 2008 recession.
>>15244134GAS THE KIKES AND RACE WAR NOW
>>15244986lmao
>>15246700>tells zoomer to zoom out>zooms into day view
>>15246722You look at that picture and tell me if it's necessary to look zoom out to know what's coming. If this were bitcoin or some other fake money, /biz/ wouldn't even be functioning right now.
>>15246570a small basket of moonshots, dxt, lit, edn. One will pop and they bound to do better than stocks (about to crash btw)
Go innawoods
Invest in high quality brap hogs
>>15246673Same reason the subprime mortgage crisis happened
>>15244247basically this
>>15246793Denial?
Just dumped 50% of BTC into PM's. Need to hedge your bets against some tweet that may dump BTC back to 6k
>>15246297Mah nigga.>>15244548DXT is a super legit project that I was sad to cut losses on. I'm hearing some rumblings that they are getting their shit together now tho
>>15244134We warned you, but it’s not too late Silver is still a bargain.
>>15247070have you considered the effects on the precious metals market of future developments in asteroid mining?
Poop
>>15247137>asteroid mining>2019buddy we're about to go into the collapse era of the most powerful country on the planetain't nobody mining no asteroids until the 22nd century
>I just bought a houseH-how fucked am I
>>15247137No, because that’s stupid.
>>15247188Is this like the fall of the roman empire ? We have a dark ages ahead?
>>15247188People should be stacking their dxt. Ever since we got off the gold standard money hasn't been real. Interest rates and inflation at 0; money no longer has value
>>15247188>ain't nobody mining no asteroids until the 22nd centuryBased dubs of truth.And you can kiss your robot waifus goodbye.
>>15247290>Having a debt in a deflationary recessionI hope you own kneepads
>>15244134Point and laugh
>>15247305>middle ageYou wish, at least the invaders were not within our very land yet and being shilled by stupid "liberated" women.
wen ekonomie iz poo da loou mus bui lo n sel hiiz wai u gon ged rish az Ball Gorts
>>15246784BASED
>>15244134is it finally happening? ive been waiting for this since 2008... let it all come tumbling down
>>15246908you can do a lot better with this quote. Fix it.
zoomer here about to go to community college, wat do?
>>15247423For the love of God do not take out loans.
>>15247290>I-I almost bought a houseHow lucky am I?
>>15244753t. 0IQThe one that matters is 2/10 and it inverted last night. There will be an 18month run and then the recession. It doesn't happen immediately, smallbrain.
lol all you doom faggots are too cynical. We're about to enter the ROARING TWENTIES and there will be pink jimmies for anyone in shiny rocks.
>>15247490i'm a brainlet, what's the idea here? you're going to hold your money in a bank account / hedge fund for a while, then house prices drop, and then you buy one? isn't there a threat of banks shutting down and refusing withdrawals, or hedge funds losing money?
>>15246019Is every recession a housing bubble or is this one particularly similar to 2008?
>>15247137And as soon as gold hits 500,000$ an ounce, it will be economical to do so!
>>15247559Fkin based space rock
>>15247549they call it the "everything bubble"
Gold to $500,000silver to $30,000by 2022
>>15247578This, I'd be surprised if anyone under 50 isn't in debt of some sort, whether it's housing, cars, or education
>>15246769this
>>15247606milk to be $3,000 a gallon
What do we need for survival if the system collapses? 6 months food and guns? Do we just need to outlast the weak?
>>15247637milk won't exist. all cattle will be harvested for meat in these dark times.
>>15247648>What do we need for survival if the system collapses?Unironically, white frugality will give you the best benefit no matter what the conditions. Learn to live on very little money. Pic related is a really good start. Don't buy the book though, get it at the library. Your target should be spending 1000$/mo or less.
>>15244234>goldOverpriced>SilverNo real value appreciation >BTCIts about to tank hard due to new regulations in the EU and US.
>>15247648bare minimum inventory for single person survival100 oz of silver - preferrably in pre 1964 dime form (for easy transaction and verification) keep 10-20 oz on you for transactions, bury the rest5 oz gold (bury this in a separate place from your silver) used as a backup in case your silver stash is compromisedfood rations - 100,000 calories in densely packed energy bars.a shotgun a 9mm handgun2000 rounds of 9mm ammo500 rounds of buckshot500 rounds of bird shot500 slugslearn to conquer your conscience. The first few raids you do will be against unarmed individuals. You must convert the strong into workers, and extinguish the weak.build a colony of workers.The women may appear weak, but they are valuable when recruiting other raiders to join your colony. keep them in a secure area, and make sure they are well fed and as much as possible clean healthy.The child bearing women are a premium. Keep them healthy at all costs if you want to rebuild a semblance of a society after the collapse.recruit other armed raiders to join your community as a soldier classThere will be skirmishes between other clans. Be wise and only enter into battle when absolutely necessary. Make allies but don't fully trust anyone not branded with your sigilWhen the skirmishes die down you can begin to breed with the womenEstablish a religion or use an already established religion to capture the spirits of your denizens. Make sure there is as little crime as possible within your borders. After decades pass. When things start looking more normal. You can begin freeing members of your community into the world to venture out and begin life anew.You have just saved the world.
>>15244134Recession proof a bit.Prepare to take it up the ass, because Trump is an inept administrator and the GOP will only concern themselves with saving large foreign banks from collapse.
>>15245900>Bond yield curves keep inverting with increasing frequency and severity, I'm sure it's nothing.
>>15247728>harvested for meat>not farmed for manure to burn for heatIf only you knew how bad things are really going to get.
Oh, also, the App Bubble is gonna pop if there is a recession.All those random debt funded, unprofitable or barely profitable niche app companies. Sell, sell, sell.
>>15246019It's supposed to be significantly worse than 2008. Given how many assets are overvalued and what the big companies and governments around the world have been doing to prop up currencies and markets, when one starts to tumble then they'll all come down like an avalanche.To be quit honest, I am concerned that it may get even worse than some economists are saying. I can see Great Depression levels or worse of global destruction. Want to know what to invest in? Good tools, guns, ammo, and information that will make you highly valuable even when no one else has money. Pay off debts, save, and be prepared to buy up property and goods at extremely discounted prices as people default on loans and sell their possessions to make ends meet
>>15247625Im 24 and not in any debt, not even a credit card (but Im European so it doesnt count I guess)
>>15248381If something like this happens practical skills will be king. Being able to fix shit with limited resources, building things, etc. Any normal office worker will be pretty fucked. Even engineers would have a tough time since many of them do design only.
If the economy collapses to a such catastrophic degree how would even put holders be able to get their money from the markets?
>>15248652They wouldn’t.
>>15246784pussy is unironically the world's most valuable resource
>>15248704Nah, feminism has made the pussy really overvalued.
>Mainstream media says recession>Citizens too scared to spend $>Nobody spending money = Nobody making money>"President fault!">We elect opposite political party
>>15248704What if you get it for free?
>>15248704you have to have a space to keep it. You have to keep it healthy and well maintained otherwise it will be useless as a resource. Pussy is extremely valuable, if you have a means of making sure it remains usable.
>>15248604>practical skills will be king
>>15248704>going long on a perishable productDon’t forget to sell your pumpkin futures BEFORE Halloween
>>15248836In a collapse like that would you rather have tools or a nice looking Excel spreadsheet
>>15248899Depens how the crash actually looks. Will decentralised networks even exist?
>>15248836Or owning the underlying infrastructure of web3 like dxt
>>15248604That's what I mean when I say information. Learn skills like welding and plumbing and HVAC
>>15247393
>>15244384Jews
>>15244404That's the plant.sitting on 25000 Boomer doxes from a fund raiser database
>>15246019>repeat of 2008. Although it probably won’t be as severeThe sky is literally going to fall, dude.
>>15249839>i... its monetary policy... not trade policy
Invest in gold
>>15246749Wake up grandpa. That's a 2% drop. It happens literally every 2 hours in the crypto space.
>>15248069Yes good goyim!Buy the absolute top of the stock market! Buy the absolute top of the real estate market!Or better yet, hold your (((fiat))) in our banks!
>>15249921>Buy the topI will enjoy baiting you gold bugs with food sells and just shoot you like ducks in a barrel
>>15246019>2008: housing bubble crash and recession due to construction industry taking a shit thus snowballing into other industries>2020: housing bubble, credit bubble, automobile bubble, bank bubble, retail bubble, student loan bubble, tech industry bubble, farming industry bubble. all crashing at the same time>it won't be as severeIt will be pretty fucking bad if all this shit goes down. I don't think the bankers can afford to let this happen though or there will literally be blood on the streets and some of the blood will come from people in suits.
>>15244384Trump's shitty trade policies. This is what happens when you let boomers control the economy
>Not going to Gold/Silver to avoid losesAre you damm retards?
>>15249912>inflate currency into nothingness >it's all on president potato
>>15248323Fucking this. It'll also get those god damn Pajeets out.t. Compscifag"Apps" were the worst thing to happen to this industry since the .com boom.
>>15250064Damn shoulda sold for Gold and silver
>>15247137That's a meme right now anon
>>15249974are you unemployed? i like you tho. But you seem to be posting all day kek.And yes >>15248069 enjoy poverty anon
>>15244384Juden
>>15250030>BankersIF (((public official))) think about bailing out, parliaments will burn and bankers will hang beside politicians
>>15250218Exactly, what do you think will happen when the western countries are full of "refugees" who depend on gibbs and the justed taxpayers can't foot the bill? Chimpouts will happen, honest people will have no choice but to defend themselves and the focus will eventually be on the rich. They know this, an angry population with nothing to lose is a scary situation for all parties involved.
>>15244384kikes & cantillion effect
>>15244753>we
>>15250030They will do everything in their power to stop it going full blown
seems like things have been falling apart all over this year.is this it?are we finally going to crash so we can start rebuilding?
>>15250218Yeah just like the last time they bailed everyone out and nobody did anything, right?
>>15244134Its not gonna happenBrainlets
>>15250589>are we finally going to crashYes>so we can start rebuilding?No. The West is not going to recover, it will continue declining and crashing for decades to come.
>>15250587This is pretty much what I gathered, the question is what the fuck are they going to do? What do they have prepared in place?
>>15244944This article is from January of this year, but the conditions have gotten worse since then. They will keep it out of the headlines as much as possible until it's too late. https://www.fleetowner.com/driver-management/another-trucking-strike-looms-2019
>>15248871KEK
>NEW YORK (AP) — Stocks fall sharply as bond market flashes recession warning for first time since 2007; Dow industrials sink 800 points
This is unironically where the tides dramatically turn and China takes over
>>15246908>>15246926Aye
>>15251050>China takes overWith what army? The one that can barely defend its border, let alone deal with regional insurgenies?
>>15244384jews want more money
>>15250309>focus be on the richGreat way to cull the Boomer bulge. And about "refugees" they are concentrated in cities, as soon as the food logistics into the city go to the shitter, protected classes and "refugees" will be at each others throats and solve the issue themselves.
i live in Argentina, so there is no problem
>>15251436>The one that can barely defend its borderYou can say that for China, US and EU.
>>15248763the pussy bubble, otherwise known as onlyfans
>>15251652>argentinaimagine getting dabbed on by neoliberalism harder than the soviets were in the 90s
>>15251973and Russia
MOMMY MOMMY STOP THE CRYPTO BLEED IT HURTS
>>15246761Fucking stop shilling shitcoins faggot
I'm a single dad with full custody barely scraping by with tens of thousands in debt. I've been denied government aid because I "make too much money". What do
>>15251652
Really hoping link gets into derivatives market before shit really pops off
>>15252196Get rid of as much debt as you can as quickly as you can. What do you owe debt in?
>>15252389Car loan, credit card, former apartments. Owe a total of just under 20k, nearly all of which is the car
>>1525248820k is not too bad, especially if you have assets. Cut all expenditures to the bone (no more smoking/drinking/holidays/fast food/etc) to pay off the debt quickly and maybe even save a bit for rainy days and you will be fine. Once you are out of debt, stay out of debt for the next couple of years at least; if you can't afford it, don't get a loan, save for it. Many people are going to suffer because they have debt, either debt they can't afford or banks are going to try and get as much money as possible as quickly as possible from customers with debt by hiking fees, being a lot stricter on repayments, etc. Making yourself financially stable will take a huge amount of pressure off, after that would be having financial security in case of job loss(which does happen in recessions), medical expenses(which does happen with children), etc. It's extremely basic advice, but most people fail to follow it and is partly the reason why we are in this mess.
Let's see if tomorrow is another 800 points
>>15244234>upcoming dystopian nightmare we are all about to have to endure.we must endure. buy monero before you get KYC'd out of existence.
>>15246908I posted this exact quote on reddit january 01 2018. life is funny, you know? I should've just sold in hindsight. but I can't even help but laugh at the irony.
Wait wtf why shouldn’t I take out loans right now? Few days ago the thread up was about taking out massive loans bc muh inflation... now it’s deflation? Come on chiefs
>>15245173>we have to compete with jamal in sudanif you can't manage to become more skilled or educated than jamal in sudan, in america or europe, then what do you deserve? really? it's like complaining that someone on hard mode is doing better than you on easy. just get fucking good retard. fuck. buy monero and thank me later S C R E E N C A P
>>15252716>mfw boomer father has debt in excess of he and his wife's combined net worth
>>15244134lmao fear porn merchants trying to scare everyone into driving up gold past $2k an oz
>>15246620>usd bye byego pull up articles from 08'-12' faggot, they were saying the same thing back then when in fact the dollar was actually weaker back then than it is now, heck even the loonie was stronger back then
Someone should take away his phone.
>only $500 in debt but I’m graduating soon without a job lined up yetIt could be worse but I’m still scared lads. I don’t want to be a NEET again.
Will this be the golden opportunity to buy the dip?
>>15253637No that comes in a few years when the market bottoms out.
I'm scared dudes I was just a teen during the 2008 crash so I didn't have to deal with any of that shit
>>15252225Anon, I...
>>15246952> PM'swhat is this coin?
this is literally going to be the 00's all over again
What bubble popped this time?My bet's on student loans
>>15253721/biz/ is a PM board now.
I am student from eastern Europe. I have like 5k € in my bank account. Are my money safe?
>>15254002But can you get high with silver?
>>15248197It's cute how recessions make retarded preppers and roleplayers so excited.It's like they actually believe something interesting will happen to them in reality.
>>15254070Sorry no, deposit it into my coinbase account and i'll keep it safe.
>>15248767>Mainstream media says recession>Citizens don't have $ to pay off denbts>mass wave of defaults = anti-semitism>"7th bankruptcy will be my last one. #KAG!">learn spanish
I have 130k in cash. What should I do?
>>15246297BEYOND BEYOND
>>15254194>In cashThe absolute state of this board.
>>15244384jewish eugenicslook up the kalergi plan they want a world population of low IQ mutts with no state community or religion a world of economic migrants that they can rule over for more shekels it's all going according to plan
>>15250064>inflate currency into nothingness this is what king orange wants
>>15244134If you have cash buy blue chip stock en masse or cheap property if you're really stacked. If you don't there's not much you can do, ride it out and pray to keep your job.
>>15252389Why is it so important to get rid of the debt?I thought that the dollar will either hyperinflate, so his 20k will be hardly anything in the future, or interest rates will go below 0 in which case his debt will decrease with time anyway?
>>15244234Calm down, newfag./ourguys/ are in control.You have, however, received the appropriate financial advice.
>>15254194Buy fucking silver.
>>15253393This is what on 4chan we call "cope".
>>15249488fine....FINE I will finally look up DXT....I have been ignoring it this whole thread until now.Why do you think the autists who created it will ever finish their project?
>>15253685>I was a teen during the crash>went to college, then law school>finally out of law school, about to look for a job >market crashes againJ U S T UST
>>15244384Okay, let's do a real answer instead.DS controls China through... uh DS. (deep state)DS hates Trump, so they avert the terrifs he's placed on China (a dirty move, obviously) by devaluing their own currency. See, China and USA are particular nations such that if they make financial waves that are too big, the rest of the world will vividly feel the reverberations.This is your short term answer.Then there's 1913 and the federal reserve. Couple inflation doubling every year and Income Tax pressing the intelligent to avert fiat and you have a recipe for a surge of PMs and a BTC bull run like never before (oh and did I mention BTC halves i May~?).With all of these things converging next year, this is your long term answer.Frankly, the short term issues popping up only freak everyone else out that much more. The corporate elite have been siphoning their shares for PMs for a short while now and we're all sitting here mentioning the golden bull run two-hundred times per hour. Things certainly don't look good for fiat.Oh and did I mention the leader of the free world keeps trolling the shit out of the FED on Twitter?
>>15250030>>15250218this.i don't think millenials will take a bailout when they are assuming control of things. people will revolt.
>>15250710those were gen-x's...the slacker generation. and boomers, the "had-it-easy" generation. of course they weren't going to go gather and hang people
>>15244134i have 20k sitting in my bank accounts, should i inves in something or just let it sit there?
>>15254002it's only been crypto board for like a few years retard
>>15245900this means you buy PMs and BTC (once you get gains from a moon shot or two during altseason)
>>15251436China is not going to be able to control their own people once their ruling class has diminished capital from the recession.
>>15248704*fit white pussyEveryone wants it, few can get it.
>>15254462>>15254408>>15254002so PM just means Physical Mediums?
>>15254404This
>>15246297Absolutely off the richter scale
>>15254194I am in the same situation and wondering as well. For now a high yield savings account seems to be the best option.
>>15253343They're hilarious.They're not wrong (long term, anyway), but they're just so vapid.>Le Bitcon is going to crashkills me every time.
>>15254537I have most of mine sitting in a money market. I only have like 2k in my robinhood accout.
>>15254526It means Precious Metals, summer friend.
>>15248767>cuckservatives coping that they'll be btfo relevancy with muh deep state and muh msm
>>15254436>those were gen-x's(dank grammar)... the slacker generation.You clearly have no idea where you are.
>>15254537Sure, go ahead and give the banks your money so they can fuck you harder in the ass with it.
>>15254572thank you, old friend>>15254601i have SOME idea, but no, biz is not my main board, /n/, /his/, and /ck/ are more my speed. im a great generation btw 85 yr+ ultra oomer
>>15254632And how would this happen?
have a pint and wait for this to just blow over
>>15254674I'll let you in on a little secret:Gen X and Millennials saved the world by creating the Zoomers. We will now direct Zoomers to give us forty years of GEOTUS Trump Inc.You're welcome.
>>15244134close the borders and stop pissing away money on illiterate 80 iq brown people
>>15250820there will be a federal govt agency tasked with managing private companies, since the fed govt will essentially buy out large companies. get ready to apply on USA jobs to work as project scientist for Ford.
>>15254704lololololol thank god you guys are saving us yet again
>>15248704what about boipussy?
>>15254723Saving?Patriots are in control. Right now.Who do you think they came to for help to save this great country?
there's going to be a communist takeover of the country in less than a decade
>>15254703That's going to be my depression plan. Stock up on some silver, grab me mates, have a pint and wait for this whole thing to just blow over.
also, dont forget the recession may be a prime buying opportunity for a wife. desperate times and whatnot. save what you can now, impress the bitches later
>>15254840>going to be
>>15254867if you think the democrats are communists, you're going to be in for a real surprise when the real ones roll in and start shooting people for their 4chan shitposts
>>15247625>26>$21,000 in debt
>>15254909good news. most of the lenders are going to be in gulags.
Gonna reap the rewards from staking ALGO and lower my dollar cost average
>>15254408Poast more anon
>>15248197you forgot to include:>be killed immediately by the neighborhood watch after they hear you talk for 15 seconds
>>15254942What would you like to know about, anon?I've accumulated valleys upon valleys on insight.Obviously there are things I don't give a fuck about, but I'd love to enlighten you all here. It's sort of my hobby. I let you help me be rich in the mean time.>>15254892You poor guy...
>>15254867Demosocs are moderates in non burger shit holes and dems are center right. You Americans don't even know what commies and hard leftys look like
>>15254980>You poor guy...don't kid yourself, anon. we're going to be sharing a final puff from the same cigarette.
>>15255004>>15254991>Where did commies come from?You ask.You don't know what Bolsheviks did after they toppled the last Czar?We got some fucking amateur Stalwarts here tonight, boys.
>>15254234What about sp500 index etf?
>World economy is going into a recession, What do?>>15244134Buy BIZIGAL ZILVER
>>15252147Mauricio Macri would be the perfect democrat president unironically, way better than Obongo, the main problem is he's currently the president of a country full of monkeys who would rather have a bbq and free football rather than cement streets or drinkable water. btw, we're going to default 55 billions to IMF and Ecuador is going on the same route. You were advised.
>>15244134It's not. Some people are desperately trying to meme it into one though.
>>15253692You what?
>>15244134You should have been putting cash aside for the last few months.
>>15250052correct answer
>>15245873you realize when interest rates go down the prices go up to adjust for it?
>>15252952Doesn't matter how good you are if different countries can get away with having lower working regulationsJamal's products will ALWAYS be cheaper than Phil's OSHA results
>>15247539houses cost a ton because of the bubble. once it pops, the value of the house, along with all others, will plummet and - congrats - youve lost the difference