[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 257 KB, 1056x649, 7C39A37C-DE3F-4DF0-84A7-88202E30CD61.jpg [View same] [iqdb] [saucenao] [google]
17400366 No.17400366 [Reply] [Original]

>tfw work in finance
>tfw it’s an open secret that the central bank along with investment banks and government pump the market artificially to prevent it from crashing the world economy with no survivors
>meanwhile in economist land
>muh free market. muh supply and demand. muh productivity. muh UBI
Why are academics so out of touch /biz/? Everytime I read the economist, WSJ or FT it just amazes just how little journalists and academics know about the real world

>> No.17400389

I work at a major trading firm. Normies would be shocked how many ppl read zerohedge.

>> No.17400419

>>17400389
I know right? It’s absolutely insane how the media and economoshits bash zerohedge as “far right conspiracies harmful to democracy”, when the truth is anything but

>> No.17400440

>>17400366
They are paid to keep people asleep and good slaves, they are not paid to spread truth.

>> No.17400451

>>17400389
no you don't

>> No.17400452

>>17400366
>say all the non-free market shit like central banks artificially make things worse
>Then bash free market principles

OP you're too stupid to work anywhere but a car wash.

>> No.17400453

>>17400366
That's why I put my money in crypto (specifically bitcoin and kleros)

>> No.17400463 [DELETED] 

>>17400389
I work in finance too and every colleague I know check zh on a daily basis.
Mainstream financial media is absolute garbage most of the times.
I just wished zh would drop all the political gossip and go back to writing purely about finance, markets, etc.
>>17400419
They don't go along the lines of woke politics so that's far right for mainstream media.

>> No.17400485

>>17400389
I work in finance too and every colleague I know checks zh on a daily basis.
Mainstream financial media is absolute garbage most of the times.
I just wish zh would drop all the political gossip and go back to writing exclusively about finance, markets, etc.
>>17400419
They don't go along the lines of woke politics so that's far right for mainstream media.

>> No.17400511

>>17400451
Yes, I do.

>> No.17400514

>>17400366
>guaranteedreplies.jpg
This thread isn’t about business and finance at all, is it

>> No.17400543

>>17400514
Why do lies kindle your soul?
can lies even be bad if they make the righteous take action, i wonder...

>> No.17400559

>>17400511
Keep LARPing.

>> No.17400901

>>17400559
What is there to LARP about? All I'm doing is confirming what every guy in this industry knows.

>> No.17401832

>>17400366
>>17400389
Bitcoin SV or Chainlink? S󠠭oy or s󠠭mh?

>> No.17402199

>>17400419
finance guy here. Bloomberg and (((the media))) is like state sponsored news. They tell you what they want you to hear and pretend that the "repo liquidity crisis" isn't QE, but everyone on the trading floor knows this is an artificially inflated massive bubble, we just pretend that it's not because that kind of talk isn't good for sales.

The goal is to ride this train til the end and deal with the aftermath then.

>> No.17402254

>>17400366
Economics is the worst academic discipline by far (outside of ones that are widely known as a complete joke). It's just ad-hoc justification for the political status quo.

>> No.17402286
File: 89 KB, 976x911, 7456363.png [View same] [iqdb] [saucenao] [google]
17402286

>>17400901
You don't know shit.
https://www.macrotrends.net/1324/s-p-500-earnings-history

>> No.17402764

>>17400366
self improvement fundamentally means to stop playing videogames and watching porn all day, and go outside. staying indoors all day means your chances of having a girlfriend or making real friends is 0%.

>> No.17402964

>>17402254
I mean, there's still a lot of shitty economics that's still given mainstream recognition. Certain science would also be seen as shit if stuff like astrology and alchemy were given as much if not more recognition then actual astronomy and chemistry. Though, I'm not saying economics is a science.

>> No.17403187

what's zerohedge?