/biz/ - Business & Finance

>>17807266
Yes
Yes

fuck yes. Supermarket shelves are empty here in The Boomerlands suburbs. It's only going to get worse.

>>17807266
No
No

>>17807266
jesus you only need the amount in the right cart to last half a year, why do they buy SO much? to sell it to their neighbors?

>>17807266
thses people are sp fuckign retarded its sickening

>>17807354
Honestly you people laugh at toilet paper hoarders, but you really dont have enough toilet paper yourselves. The average person uses 1 roll per day. If you have a family of 4, that's 28 rolls a week. Over 100 a month. TP rolls will be worth their weight in gold in a few months, because everyone needs it.

>>17807354
if shit got bad enough and stayed bad for the length of time that you need that much toilet paper for,...
well lets just say there are far more critical, important and scary things that would affect their safety, health and security that they will perish before ever having a chance to use all that TP

>>17807321
You know supermarkets restock their shelves on a daily basis right?

>>17807354
Bro I bought a 24 pack of toilet paper 6 months ago and i'm only half way through it.

no everything is fine the brrrrr will save the market

>>17807436
same here, not even halfway through it yet.
i've got idk maybe 12 or 18 rolls, don't even think of it as a "Strategic Stockpile Reserve" or anything
but it will probably last me til next year lol.
i seriously do not understand this

If you stockpile anything but ammo you're a retard. Two bullets would take all their TP and you'd get a free car too.

>>17807354
Fuck you, you use a roll a day so that isn't that much of a supply.

my only thought it they are NPC normies brainwashed by the PMSNBC news and have no fuckign clue about anythign

>>17807400
>The average person uses 1 roll per day
You are a fucking retard

>>17807321
Same here at least from what i heard lmao. The fed can pump the stock market all they want but the general public no longer believes its just a minor virus.

>>17807566

You live in a TP-Free bubble. Disconnected from real America.

Listen faggots.

This is incredibly bullish for the economy. INCREDIBLY. Once things slow down in a week or so, the USA is going to RAMP UP production on EVERYTHING. They want to completely cut off ties to critical items that come from china (meds) and start manufacturing them here. The SP will be back to 3400 levels. It'll take 6 months to a yeah, but this will happen.

>>17807321
the supply is not problem ... and will likely not be

g-guys?? everybody is bearish i think were bobos gonna get fucked, every normies and noob is bearish right now, what if we are going to be bullish at monday????

>>17807266
>MORE THAN 50% OF THE 300 #COVIDー19 CASES IN FRENCH ICUs ARE PEOPLE UNDER 60

Yes.

>>17807400
t. overbought tp.

>>17807266
how much is a suicide stack of tp?

>>17807354
You've never lived with a woman. Never knew myself til I moved in with my [now ex] gf... it's like 1/4 roll per day, or more. Insane.

>>17807266
https://www.youtube.com/watch?time_continue=133&v=wA4KS546rZo&feature=emb_logo

All these poor people sending money they don’t have to prep for nothing, during the beginning of the worst crash ever, kek. Most of these people have no clue what’s coming

>>17807781
source?

does anyone know how this toilet paper NPC rush started? was it an advertisement on TV or some news report or some shit?

>>17807266
literally who would stop me if I walked up and took one of these

>>17807266
We have almost no imports coming in. It's going to dump like crazy

>>17807766
Ok, but why would people be bullish?

BLACK MONDAY

THE WORST DAY IN US STOCK MARKET HISTORY

ARE YOU READY?

>>17809245
Paris probably uses that entire warehouse in one day, these guys an idiot.

>>17807781
Lol people over 50.

>>17809326
see >>17809234
hes not lying
now, try telling a female, she can no longer have something shes used to squandering daily in what, to us, are inconceivable amounts. It is at this point, they snap altogether and start clubbing shit out of each other in supermarkets over the last 8-pack. Guys wouldn't even pull this shit for beer, they'd agree to split the last case.

>>17807321
I work in a supermarket and can confirm. It's fucking insane, I have actually never seen the shelves so bare.

>>17807266
We're gonna moon on Monday, just watch

>>17807266
100% yes

>italy now has spain and france joining the quarantine bandwagon
>all 24hr Walmart stores are now 6am-11pm
>young people are starting to push out old in ICUs in europe
>you don't build immunity
>it infects your CNS
>people with mild symptoms end up requiring hospitalization
It's just the flu bro

>>17809524

But don't the circuit breakers limit the daily drop to 20%, which is less than Black Monday (1987)?

>>17807781

1. Sauce

2. If true, is this because it started hitting younger people harder, or are the younger patients just being given priority on the ICU spaces due to their higher chances of recovery?

>>17807266
>that pic

Fucking NPCs.

>>17807266
Without a fucking doubt

>>17807266
>mommy?
>yes dear
>why can't i go to college like you promised?
>don't you remember? we spent your college money on toilet paper and hand sanitizer during the corona virus
>oh yeah, now i remember. i'm going to go sell my ass for meth now. maybe jamal will get me pregnant this time
>ok, have a good time. call if you're going to be late.

LIKE A BOSS

>>17810952

god.... imagine being the child of a dad who believes if he can corner the toilet paper market until the plague blows over that he will finally make it. I think that is lower than shitcoins.

>>17807266
I cant believe that old people are dying! I am literally shaking!

>>17810937

How much do you think toilet paper and hand sanitizer cost?

>>17809699
>you don't build immunity
>it infects your CNS

sources fgt

>>17810952
i would love to see someone throw a match on that shit

>>17810973
>I think that is lower than shitcoins.
Oh, it's shittier alright.

>>17809963
Nah the other 50% are just 59 year olds.

>>17811005
about $1k a roll new york open on monday

Panic in NYC hasn't even gotten close to peaking. Stocks will dump hard

FYI bulls you're probably gonna be starting with futures limit down at like 6PM EST tomorrow.

>>17807430
How long before all the NPCs start to realise this, and stop freaking out.

>>17807266
Imagine holding anything but cash during the weekend

>>17807400
Yummy Pasta!

>>17807266

Why do poomers want so much fucking toilet paper? One of those 12 packs will last me like 4 months

>>17807507
Live by the sword, die by the sword. You better bring more then two bullets.

>>17807648
Can you post a list of the American companies that are building the factories to do this?

>>17807648

Virus breaks out
China builds 7 day hospitals
US builds TP factories

The fuck.

>>17807266
>Are stocks going to dump again?

The Wuhan Virus created a recession so yes.

>>17807648
Youre a dumb fucking douchebag, america will never be the manufacturing powerhouse it once was with unions and labor laws still around. Its just too competitive out there when you can pay a worker a dollar a day compared to $150 its not even a question you faggot. America will always be dependent on other nations as long as we dont embrace free market capitalism. Its over.

>>17807266
its hasn't even begun

>>17810952
Just wait a year. After the fed goes on a hyperinflation money printing spree you will have plenty of fiat currancy to wipe your ass with.

>>17811182
They're dependent on us for dollars tho

>>17807266
Lmfaoooo, People are so retarded, If I ever run out of toilet paper, Imma just use water I mean, just jump in the ocean and wipe my ass with my hand, the salt water will feel nice on my asshole.

very bad

>>17809633
I think so too. Because nobody is expecting it. That’s how it works.

>>17811334
>Be young, accepted to hospital beds
>Boomers die
>hehehe stupid boomer
>Grow up
>Be 80
>ANOTHER CHING CHONG VIRUS SPREADS THROUGHOUT THE GLOBE

>>17811374
This. We get to live... This time.

>>17811335
I’ve turned $500 into 22k in the last 3 months. Monday will either end +2% or -1.5%. Either way we are gonna crab and slowly move downwards until we hit a total 50% loss a year and a half or so from now.

Too many facebook retard normies are shorting, there is gonna be a short squeeze on monday, lots of people will sell pf their puts, and we will slowly crab downwards

Then the markets will recover.

>>17811322
based retard poster

>>17811251
Thats a myth china is selling its treasuries and buying gold nobody wants our dollars everyone wants out and once the global economy tanks and the feds inflate the shit out of the dollar they will make the decision for them, then its really game over because that means debt default time

>>17811334
its just a flu though

>>17811011
SARS, its the same class as Corona. This literally is not influenza.

>>17811395
Nah, it goes like this:
>terrifying drop
>short
>short-covering bounce
>go long
>repeat until all the normies swear off trading forever.

Only then can we see a recovery.

>>17811374
Man I don’t care if I’m alive at 80, I’d hope this shit kills me, you ever been in a nursing home, places smell like shit and you sit in your own piss and shit all day.

Like, idk I’m hoping for a green day tomorrow so all the Facebook normies and Redditors get raped

>>17811525
I’m just trying to make enough money, so that I can be comfy, go to country bars, and eat some white “jeep girl” ass, is that too much to ask?

What you thinking green monday?

>>17807266
Yep, and my puts are gonna print

>>17811613
They won’t bc everyone is expecting it.

>>17811640
Except you, right? Nah, there are more people expecting this reverse psychology shit like you are than people thinking the market is going to go down.

>>17811513
Still waiting on source, schizo

>>17807321
IMO, the normieprepping is actually not going to get worse, because supply will replenish steadily, but the panic will diminish as people get used to the new normal, and there's only so much crap these idiots can hoard.

This week or so is most likely the peak of the crush.

>>17811182
Yes, but you wouldn’t want to live in a country without trade unions. If everything was union,it would be like USA everywhere

>>17807266
Monday is going to be bad but the truly bad day will happen when the birtbongs go full italy.

Their government "herd inmunity" crap is so unbelievable that they will go from a few cases to 20k+ in a week.

I don't know what the fuck is going on in britbongland with their retarded laws and leadership but it's going to be hardcore over there.

>>17807566
>>17807805
>responding to pasta
stop responding to pasta

>>17811830
Could just get rid of kikes and shitskins and walla, instant improvement

>>17811824
I hope so. I unironically just ran out of /comfy/ toilet paper an hour ago and only have my spare pack of 2-ply that's been sitting under the sink for a year left. Literally 1st world problems.

>>17807400
I respect those dubs
and this pasta, but, fuck back off to pol/

>niggers and retards buying out entire stores
I actually cant believe how stupid people are, this goes beyond stupid

>>17811824
nah we're fucked for much longer
i live in a small town in bumfuck nowhere and even here the supermarkets are all empty, no toiletpaper, paper towel, or napkins in the aisle, its literally picked clean. No bread, barely any vegetables (checked thursday and saturday both days completely empty in multiple grocery stores)

this is just the beginning

>>17807266
yes it's going to dump hard. the Fed injected $1.5T into the markets hoping to stimulate some organic upward movement but it ain't gonna do shit and we'll see another crash by mid next week if not monday open

this, in all likelihood, will be the worst recession of our lives, it'll make 2008 look like nothing in comparison

>>17812450
>the Fed injected $1.5T into the markets
are you stupid? do you not understand Repo? Why do all of you normies keep repeating this?

>>17811069
I was thinking there should be some sort of bell curve to this, and the bell curve should peak around 3 weeks time and everything should return to normal eventually.

>>17807266
Just picked up my 10th pack of TP, stay strong out there brothers

>>17812513
But to add onto this, if the infection rates sky rocket tenfold, it's gonna cause supermarkets to be stripped bare.

Fucking idiots, I swear. The Swine Flu/H1N1 infected over a billion which included 61 million Americans, and yet, there was no panic. People have become retarded.

>>17812531
Swine flu was less than a hundredth of the severity of this and less than half as contagious.

>>17809919
Not if its after 3:25

>>17807430
Who is going to restock them if nobody is working?

>>17811062
That is the most retarded site ever. I'm guessing you just found it but, it doesn't correlate with options at all.

>>17812727
>>17811062
For an example, Americans can't even engage in trading CFD's, which is what this tracks. You're basically getting the niggers, chinks, and europoors opinion of the U.S. which fueled entirely by jealousy, is almost always bad.

>>17812586
It's not the end of the world though. Even though its easier to pick this virus up, people are panicking because of the media, not because of how easy it is to catch this virus. Believe me.

Social media wasn't so interconnected back in the day.

>>17812727
> Correlate with futures

>>17812498

>>17807766
The Virus has exponential growth of 20%+ per day without containment measures. That means cases doubles every 4 days or quadruple every week. We are less than 2 weeks away from reaching Italy's numbers.

The only solution is to shut everything down for a few months and have blanket testing available. People have not realized this, or fully priced it in. Markets are implying this will blow over in a few months with some money printing here and there.

Once boomers have to stay home for the first time, they will stare at their 401Ks instead of working and there might be a very sharp selloff over the course of a few weeks.

>>17812754
I keep hearing that the media is blowing this up. They were dead silent for months. I remember when apehoop legend died the Coronavirus barely made it onto the ticker scrawl. They only ramped it up in the past week or two, now that it's too late.

>>17812927
They were dead silent because they thought it was just an outbreak in a Chinese city, but then numbers started coming in from other countries, and the governments said they may have to shut things down and people might need to stock up, which sent everyone into a panic mode.

Stop using the empty supermarket shelves as an indicator of anything.

1) Stores barely keep any back stock on hand. It’s not a warehouse behind those floppy doors. It’s more like a long crowded hallway.
2) Most things get delivered once or twice a week.
3) Orders are made far ahead of time up in the supply chain. The panic buying just happened on Friday. Even if your local Kroger paid $6000 for an expedited team driver truck to deliver straight from the factory to store (which isn’t how it works), it wouldn’t have arrived yet.
4) The boomer preppers easily wiped out the meager amounts of dry bulk like flour, rice, beans, etc. Stores order based on NORMAL demand, not one idiot buying half the stock. Somewhere in your town, two old people have 25 lbs each of rice and beans. They won’t manage to eat it before they die of old age.
5) The grocery chains are not going to do anything at all to stock the shelves quicker. Transportation costs cut into their already small margins.
6) If the shelves were magically stocked again, the boomers would come back and buy that too because they are retarded.

You’ll know there’s an ACTUAL supply chain issue if restaurants have to close due to lack of ingredients. The fact that certain things are sold out at the grocery store and yet the McDonalds out front functions perfectly fine is an indicator that everything is working as normal. We just experienced some abnormal behavior from certain panicky old fucks.

>>17813148
>Once or twice a week
Most stores get daily deliveries. Some metropolitan areas get multiple deliveries per day.

>>17811849
Watch the bong, the true isolationist nation.
The rest of the world hides from the virus. The bong is infected, the bong is immune, the bong will infect you
Fear the bong

>>17813193
You’re misunderstanding me. Most THINGS get delivered once or twice per week. They receive a whole variety of things throughout the week. But they do not get daily all-purpose flour deliveries. They have to stock an entire supermarket that also sells clothes, cosmetics, toys, office supplies, flowers, etc. with limited receiving hours, dock space, and manpower to stock shelves.

Again, they are not going to do anything special to stock low margin slow moving staples that usually don’t get panic bought.

sorry normies, we makin big bank out hurr

>>17807321
>people are spending more than ever. Therefore the economy is dying

Are you hearing yourself?

>>17813148
based

Middle East markets are opening now, pretty uneventful so far

>>17813324
hello sir

>>17813362
I see nothing

>>17807266
Yes, no
The stock market is worth more than the general population

>>17813324
Wow so a bucks profit per package? Really seems worthwhile

>>17813148
Yeah pretty much 100% correct lad. I've worked in both the Distribution Centres and inside stores (Not as a worker inside a supermarket, but working within the supermarket company doing a variety of things)

>1) Stores barely keep any back stock on hand. It’s not a warehouse behind those floppy doors. It’s more like a long crowded hallway.
Basically. What you see is what you get on the shelves. They do keep a lot of dry goods out on roll cages in the back for night time replenishment, and the freezers are usually full of food for the next day or two to restock.

>2) Most things get delivered once or twice a week.
Yeah basically. Most stores will usually fill up their back docks for night time/next day replenishment, but don't stock up a week ahead, there's no room.

>3, 4
Correct.

>5) The grocery chains are not going to do anything at all to stock the shelves quicker. Transportation costs cut into their already small margins.
The only thing that would be increased would be the amount of food going on the pallets from the DC's. Instead of a typical 300 item order, it'll blow out to about 500 items. Just a typical Christmas run. Aldi here usually has about 13000 average cases of cold goods going out every day, this doesn't include freezer. Freezer is about 7000 cases. This has probably blown out to around 30,000. But other than that, the trucks are still going to do the same usual run.

>6)
This.

So to sum it up with what this bloke was saying, supermarkets operate on demand, everything is already calculated in the system. This crisis has caught that system off guard.

To anyone panicking, the Distribution Centres are alwaaays full of food, trust me. it's really hard as fuck to drain those things. Even during the peak of Christmas. Food just kept on coming out of nowhere, the warehousing racks were always packed full. Sometimes I believed they just magically appeared there.

AMA if you wish to know more about this 'supermarket crisis'.

>>17813373
>>17813398
u mad i make monie from pee pee poo poo?

>>17813398
Less packaging, shipping, time spent packing and shipping, time spent buying the inventory, and the inevitable unsellable inventory. I’d say these retards are on track to make barely anything at all.

In a cruel, poetic twist of fate, they will have a pallet of toilet paper in the garage next to their body wraps, jewelry, candles, essential oils, sex toys, supplements, and diet shakes leftover from previous great money making opportunities.

>>17813324
you're leaving a ton of money on the table dude

>>17813419
my concern is being able to get fresh meat since that is basically all I eat and don't have an extra freezer to stock up. Will there still be steady supply of beef?

>>17813441
I make more than $8 an hour so this kind of thing would literally cost me money to do, unless youre a barely minimum wage peon you're losing money on this retardation when you factor in opportunity cost (you might want to Google that)

>>17807322
Wow nobody checked this
>>17807302
Wow nobody checked this

>>17813527
>Will there still be steady supply of beef?
Depends on the conditions of your country, I'm from Australia and we recently had a long drought followed by biblical rain which has done us very well.

It's hard to say with beef (or any animal product) as I've never seen a crisis where animal products have been drained. So right now, farmers could be killing off the same number of animals as they always have been over the past few years, but during a crisis, they may need to kill off a lot more to keep keep up with demand, which in turn, could leave a bit of a gap since they've killed off most of their live stock, and have to wait for the new stock to grow.

So for example - Instead of killing 300 cows per week, I may kill 900 to keep up with the demand, but then that further drains my supply of cows because I wasn't prepared, and all of a sudden if the demand keeps up for a long time, my supply will be fucked since those smelly fuckers take a while to grow, and it'll take a while to rebuild those numbers.

Have something else, chicken is great, season it with Moroccan spice. Trust me, it goes well lad. It makes it edible days after.

>>17813640
makes sense. yeah I eat lamb, chicken, fish, dairy an so forth. I just need most my food to be red meat and fat otherwise I don't feel as good.
that being said, I'd eat other food if it was for survival

>>17807266
Of course they are.

Suterusu fixes this.

>>17807266
Why so much toilet paper? Gotta be the internet meme of 2020

>>17809326
>Chinese officials shut down all factories in Wuhan and lockdown everyone
>this includes TP factories
>it gets mentioned in passing in international news that one of the first things people in Wuhan ran out of was TP
>they fail to mention that this was because TP in Wuhan is locally manufactured and the factories were shut down
>story gets picked up
>Boomers are retarded and decide "COVID-19 = NO TP" even though that makes absolutely no sense to anyone with more than three brain cells
>Boomers start hoarding the fuck out of TP
>this forces everyone else to hoard because that's the only way to get TP thanks to boomers

>>17807266
I don't even bother wearing a mask in public and never wash my hands. Despite this I've almost never been sick. I've even licked door knobs during flu season and haven't even experienced a single sneeze. When I was a child and wanted to get free food I would pick up gold fish crackers covered in mud and eat them. This would disgust my peers but my mother never bought me any tasty treats so that was the only way.

I'm convinced this has turned me invincible. I wear shorts in the middle of winter and don't even cough. I pound 10 cloves of garlic with 1/2 a litre of lemon juice a day. On top of that I drink a cup of my piss every morning and fast most of the day. I've had people sneeze directly into my face, with particles of spit landing on me yet I've never experienced even the mildest of flu-like symptoms weeks later. If you're affected by the Corona virus, you're weak and deserve to perish. I cannot die...I'M FUCKING INVINCIBLE. STUPID FUCKING BOOMERS AND HOARDERS. YOU CANNOT BEAT ME. I AM THE APEX PREDATOR! HOARDING ALL THAT TOILET PAPER? USELESS! USELESS! USELESS! I WIN THEY FUCKING LOSE! THAT'S HOW THE FUCKING WORLD WORKS...WHEN YOU LOOK UP...YOU SEE A FACE LIKE MINE LOOKING DOWN ON YOU!

>>17807400
I thought ammo would be the currency of the apocalypse

ITS_OVER_economically_speaking.jpg

>>17813622
wow nobody checked this

>>17811182
>destroy unions goyim it's good for your TP production
you'll get the rope very soon moshe

>>17807648
Haha listen to the amerifags.

Go x20 bull, I dare you to.