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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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17733085 No.17733085 [Reply] [Original]

>> No.17733311

>>17733085
It's scary how quickly and u apologetically my parents' opinion changes from "oh psssh the flu kills more people every year" (when that's what MSNBC is saying outside the telesound box, and now over the period of two nights they completely flipped to thinking and reacting to how the TV is telling them to.

>> No.17733353

>>17733311
Boomers deserve this
Ill see you in the wastes fellow stalker

>> No.17733398

>everything is tanking, even gold
WTF IS HAPPENING

>> No.17733487

>>17733398
Does anyone know why the fuck gold and the 'store of value' assets are tanking?

>> No.17733517

>>17733398
it is called a correction

>> No.17733518

>>17733487

Everyone is going into cash.

>> No.17733923

>>17733398
late stage capitalism


make sure to elect a president who promotes healthcare next time, so that way workers aren;t sick and the economy doesnt go to shit

>> No.17734104

>>17733487
Check out gold prices in 2008.
People go to cash in crisis.

>> No.17734217

>>17733487
Serious non-meme answer? You cannot predict the market because if the average Joe predicted it, everyone would be millionaires. This is the very first rule of market thermodynamics. The market will make itself unpredictable and illogical just so the majority cannot predict it. The majority were predicting that gold would rise in case the world fell apart so by following that law, gold will not raise because it is the predictable go-to in a crisis. Something else completely illogical and unpredictable will rise instead and it will be used as a store of value.

>> No.17734241

>>17733923
Fuck off, commie. Universal healthcare will only kill trillions. Look at Cuba, highest mortality from coronavirus right now by far.

>> No.17734278

>>17733923
Yeah we really need to take our cues from places with universal healthcare like Italy who have squashed this thing

>> No.17734382

>>17733923

Yes, we need to be more like Europe, because they certainly aren't getting ravaged harder than the USA right now.

IQ-let

>> No.17734420

>>17733398
Same shit happened 2008 financial crisis. Theres a run on US dollars.

>> No.17734468
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17734468

>>17734241
Am I being tricked?

>> No.17734469

>>17734382
>USA doesn't test for the virus
>Has low cases
I wonder why the USA isn't getting ravaged...

>> No.17734510

>>17734382

DPRK is doing fine sweetie

>> No.17734677
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17734677

>>17733085
>>17734382
DAX is down 10% now

>> No.17735113

>>17734677
good, very good, Germany deserves punishment