/biz/ - Business & Finance

no only 2 years

the next few decades are going to be less like the great depression and more like the collapse of the western roman empire

>>17856057
It will last long enough for people to put Dems in charge again then when things are good people will elect Republicans to crash it again.

>>17856202
Daily libtard thinking

>>17856057
For a lot of people 2008 never ended, and it's been a continuous depression.

>>17856135
Started in 1929 and didn't really stop until the US joined in WW2 and started rearming.

>>17856057
It's a nothingburger. In 2 weeks when this whole thing's gonna below over and people are out of their quarantine they're gonna wanna buy something nice for their girl to celebrate, pumping the market up like it's Christmas.

>>17856161
this i hope you stacked up some gold and silver or you bought some property because all your magical wealth on your screen will be evaporated

>>17856202
This mind is filled with cum and shit.

>>17856202
Yeah, that sounds right.

until the next big war, most likely versus china and russia

>>17856258
>For a lot of people 2008 never ended, and it's been a continuous depression

yep. my coworker used to be an architect but got laid off in 2008. never got back in

>>17856202
based

>>17856161
based

>>17856202
Democrats were in charge the entire great depression retard

Send the Fed your energy to stave off collapse. Keep printing!!!

>>17856057
Worry not Anon, the same thing that ended the great depression will end this depression: a world war. Enjoy!

>>17856258
My father business closed down in 2008 never opened a new one.. good by lambo

>>17856202
Democrat economy gud
Republican economy bad

>>17856161
dicks out for grachii brothers

>>17856567
so boomers die from corona and zoomers go fight a war.
Thats like the best case scenario.

>>17856202
Based

>>17856258
so only skynet will save us?

>>17856258
>Started in 1929 and didn't really stop until the US joined in WW2 and started rearming.
The state of American education.

>>17856202
This. Racist republican redneck retards always ruin the economy

>>17856258
Yep. The only people who survived the 2008 crisis were investors and social media whores.

>>17856727
I think he means for the US it was like that not whatever no name European country you live in

>>17856526
george bush caused 2008 and obama cleaned it up

>>17856934
lmao

>>17856057
2026 we will start to see a fresh uptrend

>>17856258
>For a lot of people 2008 never ended, and it's been a continuous depression.

This. Most of the jobs that came back became low paying unbenefitted wage slavery. We further decreased the value of labor by importing millions of browns, but hey at least the stock market went up for a little while

>>17856727
filthy europoor get out haji lover
>>17856915
based burger brother may your stocks rise

>>17856934
>Not blaming the banks who gave mortgages to people who wouldn't normally be eligible
>Demand shoots way the fuck up
>The fed raises rates which causes mortgage intrest rates skyrocketing
>It WaS BuSh
Higher "education", folks. I hate the Bush dynasty as much as the next guy but it was not really his fault, I only blame him for foreign policy and creating the TSA but so did most of Congress so I don't know.

>>17856615
yes

>>17856057
I'm probably fucked.
My internship was revoked due to this crash/corona and it would've been a huge boost to my resume. Without it getting a job will be extremely difficult, doubly so in a recession (which I will probably be graduating into)
so much for STEM being a safe major lmao

>>17857184
I blame the guy in charge.
He could have forced the banks to not give mortgages but he was busy waging wars

>>17857334
>He could have forced the banks to not give mortgages
are you actually this retarded? holy fuck dude.
also
>the guy in charge
you know the president is only one part of our government right?

>>17857284
I'm not sure why everyone 4 years ago decided "You know what, I'm gonna study engineering because then I get job and money :DDD"
None of the people with that mindset are seen as competent or even interested in the work they do by their employers, and now there's an overflow of engineering majors expecting to get hired. Real shame

years at minimum imo.

not only we lost our money but we lost our youth spending nights and nights a row watching stupid charts.

>>17857395
And it keeps happening
>Hoover won the Republican nomination in the 1928 presidential election, and decisively defeated the Democratic candidate, Al Smith. The stock market crashed shortly after Hoover took office, and the Great Depression became the central issue of his presidency.
Republicans are always in charge when the stock market crashes to the ground

>>17856915
Look at the data stupid, it ended after the war when the workforce came back. Why would redirecting already scarce resources towards blowing shit up, not consumption goods, help the economy?

>>17857590
based

>>17857403
I was actually interested in my field and am good at math and physics (even though in reality that's not what engineers do at all) and in reality 99% of the workforce isn't "interested" in their job, they do it because it's necessary to survive and make money. The only people (and this goes for any field) that genuinely love their job and would not quit even if they had enough money to retire are those who are artistically obsessed with something that just so happens to make enough money to support their lifestyle.

>>17856202
based retard

>>17857665
>>17857403
autistically*

>>17857409

Sad but true.

>>17856202
fuarking tard, we would've been 4 years into a recession if clinton was elected

>>17857591
I was just clarifying his point, I don't think it matters outside of realizing that taking over a decade to solve a depression is ridiculous.