/biz/ - Business & Finance

There won't be any huge end of the world recession this time around. If you're talking about it before it happens that means it's nothing severe.
2008 was so fucked exactly because no one believed or knew it will happen, not even big institutions. When you and your grandma are talking about prepping for the coming recession, that means the big institutions are already ahead it way before you even started thinking about it.

The only thing that will happen is a long ass crab market

>>15827263
You're pretty much right, however it may not be as severe as 2008 it still will be a recession. There has to be as the idea of perpetual growth is a meme and in order for more growth there has to be a retraction in a world based on scarcity. That being said I think the recession will be similar to the crab market you describe only a slow bleed that will be so gradual you may not notice until you are 6 months into it. If at all.

>>15827341
I think this is the most likely scenario as well. Something like 3-5 years of (almost) flat stock prices seems plausible.

>>15827263
Unexpected market crashes aren't expected. Think about that.

Governments don't just 'print' money. Educate yourself: https://www.youtube.com/watch?v=Y2H22H1PWxo


Also, there are (((people))) who benefit from the economy going up or going down. Examine what they do and think like them.

>>15827208
best opportunity to buy RSR

>>15827263
It will be bad because all the games that the fed has been playing will finally backfire.

we will hear that for one year until nobody believes it anymore, then it will crash

>>15827208
Yeah, but it has not tanked YET

>>15827341
perpetual growth is normal as long as r&d keeps developing new technologies.

>>15827208
>The stupid governments of the world think they can print money to save themselves.

They know they can't. They aren't given any other choice by the central bankers. It's all planned.

>>15827208
Depends.
People have been waiting for it to tank since the early 00's.
That anticipation may actually prevent it.

>>15827263
All it needs is a major trigger during the crab. EU banks like Deutsche are close to insolvency (if not secretly already insolvent). India's banking system already collapsed. Italy on the brink. Venezuela, Argentina. Debt bubble is unprecedented. QE is only a band-aid. All it needs is a major trigger

>>15827208
the part i don't understand is hyperinflation would pretty much clear the world of debts entirely
people should be fuckin' hype

>>15828444

Is this true?

>>15828434
When it pops this time, be prepared for shit that hasn't been seen since the great depression. I really hope that many anons here are preparing. I don't care if you are a boomer, zoomer, or doomer, get yourself ready for what's about to happen.

>>15828478
No, not true, because what people fail to realize is that many countries will just devalue their currencies to match. The only people that get hurt in the process are the plebs because the cost of shit keep rising and our money keeps diminishing in buying power.

>>15827359
And you think (((someone))) wouldn't want to buy back in cheap after selling at the all-time high?
Look at the charts and think about where the markets have been for a couple of years...

>>15828531
Your posts contradict eachother faggot. You are saying the economy is collapsing(true USA has 23 trillion debt, and is accumulating debt faster every day and the economy is slowing down). If the economy shits itself like you say and some predict, then theres going to be a total economic overhaul, but I would guess total anarchy(erasing debts) because everything is so interconnected. Way more than it was in '30. While this guarantees no WW3 will happen, it will wipe the planet if a major player like the USA goes out.

>>15828434
>>15827263

The Feds had intervened for the 1st time since 2008.
Take it as you will

As always, biz is the best normie indicator. I feel like i'm watching YT videos reading your posts. Time to be long (even if there was a better entry last week)

>>15827263
>nobody knew it would happen
lmao

>>15828647
In what way is what I said contradictory? Both posts say that regular people will be effected the most and hit the hardest by what's coming. Pretty straight forward.

>>15827341
Perpetual growth is what is happening. The problem is the way they measure it. We keep getting growth through new technology and capital investment.

They are expecting growth in the form of certain numbers like GDP and have based it on expanding population sizes to fund the government which acts like a giant ponzi scheme. This is the problem. We need to stop spending money that we don't have. Need to slash all government programs, pay off the debt and leave the government small. No need for Medicare or Medicaid ponzi schemes. No need the for Social Security ponzi scheme. No need for the government pension ponzi scheme.

No need for our military to be the size it is. We are literally at nearly 0 military risk. Think about it, we are bordered by Canada and Mexico. All we need is a tiny military to defend that, maybe some of our shipments, and some sort of way to defend against ballistic/hypersonic/sub launched missiles which we really don't have anyways. Islands can go fuck themselves.

>>15828444
Fucking Deluded. After hyperinflation there will be a new currency and your debt will just be denominated in That new currency. Dont be naive and think that the Banks wont come for their Money anyways

>>15828894
If you don’t police the world, why should anyone use the USD for trade?

>>15828478
Yes

>>15829054
It's going to implode either way dude.

>>15828894
Are you trying to kill the US economy with your ideas, you fucking retard?

>>15827263
Major major idiot

>>15827208
i found the gif way more amusing than it should have, thanks anon

>>15827208
It's only downhill from here. everything going to zero if usd goes down. China is planning a war with US, people think it can't happen but it will, everyone is blinded by nonsense bullshit news.

>>15828444
>>15828478
also have to add that if there is a new currency interest rates will be high to prevent inflation.

this causes 2 things, economy will tank further, more people will default. if interest rates stay low there is a high risk of inflation getting out of control

>>15829310
cant happen. the worlds economy is too dependant on eachother

>>15829310
the globalization has made individual economies too dependent on eachother. a world war is no longer a possibility. everyone would go bankrupt in a month, essentially

>>15827359
They do though? The mint is literally responsible for controlling the money supply.

We need a new industrial or tech revolution

>>15829461
thankfully, the system will collapse before that happens.

>>15828894
>why should the military be so hig
>we have zero risk
You just answered your own question retard.

>>15828444
Won't THEY just index your mortgage, credit card, line of credit, student debt to inflation? THEY won't let themselves get wiped out in a hyperinflation.

>>15829662
how do they index it if everything goes down? dont you get it? it is way more complex than some of you plebs imagine.

>>15827444
I mean... checked and all but "as long as r&d keeps developing new technologies" is missing a pretty big "IF", y'know?

Problem is that through the gift of neoliberalism, incumbent companies don't need to keep developing new anythings right now because it is impossible for their competitors to make them budge. They're sitting pretty and not giving a fuck.

All the money is hidden in off shore tax havens or "charity" foundations anyway. Global economy is fucked

>>15829727
"A decree of 1925 reinstated some mortgages at 25% of face value in the new currency, effectively 25,000,000,000 times their value in the old paper marks"

https://en.m.wikipedia.org/wiki/Hyperinflation_in_the_Weimar_Republic

They will create a new currency backed by ??? Gold,SDR,Bitcoin who knows.
You will need to pay your mortgage to the banks in the new currency, not the old hyperinflated one.

>>15829727
Exchange rate of new currency to old currency. ANd dont shit yourself. It wont be a fair exchange rate either.

>>15829884
new deal and shit like that worked back in the day, since they could stimulate the economy by infrastructure projects. todays problem is not the inflation of money only, but spending the value of the services that you will only produce in the future if at all. so much compounded debt that exists today simply cant be paid back. the growth of gdp cant keep up with the accumulation of debt its simple as that. unless they forgive all the debt(which they wont ofc) it will be too much for the world economy to bear. you can issue a new currency, backed by 1 000 000$ BTC the underlying debt is still there. So solving the USD/EUR/GBP going to shit is the easiest shit, but you cant make this debt go away without a collapse.

>>15829451
The fed does that via interest rates which influence inflation, alongside putting money into the market via open market activities.

>>15827418
this

>>15827418
please be true, need more time.

>>15830030
Correct, we used to go into debt for infrastructure which at least had a chance to be a net positive, now the US needs 1 trillion of new debt a year just to pay the bills.
There is no way out without everyone public and private reneging on their debts including all government benefits (disability, pensions, OAS, SS, etc.). Otherwise, if you "fixed" the currency on Monday you'd be back in debt on Tuesday to cover that day's unfunded liabilities.

>>15827208
Time to flip the board, and eradicate the demon debtor.

>>15828434
Ya.. aren't we still doing overnight repo bailouts as well as some longer 16 day loans that amount to real inflation? The economy is on major life support and the media is basically hiding it at this point.. look at muh impeechments

>>15828752
u glowin

>>15830488
>>15819837

>>15827208
recession doesn't necessarily mean depression. as >>15827263 said it'll likely be a crab market but it'll go up as long as they interest rates are low. this applies for the us of course. eu is different since they have to bail out the southerners.

>>15828894
>No need for our military to be the size it is. We are literally at nearly 0 military risk.


We're at no military risk because our military is huge you fucking retard. The military is also what gives our currency strength because any use of force that is opposed to United States interests comes with the risk of being invaded by the most powerful nation in history. You have no idea how much the Navy does to defend trade overseas you stupid fuck.

“Cough”

t.me/EuclidsWindow
This is probably the best place to ask about future habbenings. Lurker but some connected people post here.

>>15827208
Brexit will kickstart it