/biz/ - Business & Finance

>>17864873
correct

They're not even close to out of ammo

>>17865631

Probably true. The thing about crashes is the people who predict them always underestimate the degree to which powerful people invested in the system are willing to sacrifice your future to perpetuate it.

They'll keep on cheating until there's nothing left.

>>17865631
Please tell us what comes next anon

>>17866462

Negative inte--

Ah nevermind. It wasn't really important anyways.

Researchers at Imperial College London, whose disease modelling fed into the government’s new and more stringent coronavirus strategy announced on Monday, said the move could cut UK deaths from Covid-19 from an estimated 260,000 under the previous policy to “a few thousands or tens of thousands.”

But measures might need to be sustained for many months or longer to keep suppressing infection. “We might be living in a very different world for a year or more,” said Neil Ferguson, head of the modelling programme at Imperial’s MRC centre for global infectious disease analysis.

source is the FT. we're in for a long one frens. get as much capital as u can and start buying in or around june during the peak of the virus. later if the recession is long.

>>17866462
negative rates babbbbbbyyyyyyy

>>17865631
There is nothing left, 10 trillions gone, ashes. 0% Rates? Done, companies are getting devalued and recommend to neutral/not buy/BBB. Dow is back to 20k, all this is an pointless effort to hold a House of cards that doesn't exist anymore

>>17866539
Should we just put all of our paychecks into gold from now on?

>>17864873
>the fed is out of ammo to shoot the economy with
>this is bad

>>17866615
but nobody knows what happens when the worlds reserve currency goes negative... it's a science experiment in real life that probably wont end well for the goyim

>>17866856
And you thought that anyone in charge knew where this shit was heading for? Nobody knows shit.

https://www.youtube.com/watch?v=1bDD914rahc

>>17866615
Wouldnt that increase volume in the market?

all the fed does is hide the dump so people don't sell, creating liquidity for those in on the scam to harvest actual peoples wealth

>>17864873
They still have the MMT spirit bomb

>>17866670
>>17866462
they can print money forever

>>17866744

Like every other economic crisis, this will stabilize too. Negative interest rates just aren't feasable most western banking systems so this is probably where the powers that be say the jig is up.

Whatever you do don't buy the dip and let sell their flaming bags of poo to you. We're watching a group of people lose trillions right now and they will desperately leverage everything to fool you into paying for their losses. A 10% rise on Friday and a 13% drop today? Nah you can keep that bag of dicks.

Im waiting for stocks to fall a little lower then DCA back in. Some corporations were allowed to get a little too greedy this time around and, instead growing their businesses after the 08 bailouts, they just went ahead and bought back stocks. Those zombie corporation you keep hearing about? This is the B.S. they've been practicing to lure in investors ever since and now that we're probably going to see a lot of missed earning for a quarter or two, many will go under.

Good riddance. This correction was needed years ago. I say, lets fuck them right back and by buying them (the survivors) insanely cheap.

>>17866462
They are going to inject trillions upon trillions and once the Corona hysteria is over they will simply pretend none of it happened.

>>17867041
>Yes, let me keep reducing the value of my money

>>17864873
It has plenty of ammunition, it can keep going with this.
The problem is they're firing blanks. Nothing they're doing has any effect because unlike the financial crisis this isn't a bank problem.

This isn't just the coronavirus either. I'm learning about this now but aparently the corporate bond market has been heading for a total collapse for months now, this is just the fire to set it off.

>>17864873
Yes. This isn't just about economics after all.

>>17867388

>>17864873
ITS NOT OVER TILL I SAY ITS OVER
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>17866615
Doesn't work already tried in Europe and Japan

The real heavy artillery is a debt jubilee but I fear our """leaders""" would rather everything collapse before that

>>17867388
>but aparently the corporate bond market has been heading for a total collapse for months now
Months??
Try years.
Since they lowered interest this decade tons of companies have been getting loans that they won't be able to repay. They are kept alive by that supply of cheap money. Stop that and they go bust.

>>17867809
This.
Based.
>>17867774
Negative interest rates is basically saying "fuck savers", which is basically like saying "fuck the most fiscally responsible people in our economy", which will eventually make savers say "well, it doesn't pay to hold savings in this currency, fuck that, I'll put my money elsewhere".
There's only one place that money can go to.

>>17867388
>>17867864
This is why a debt jubilee is necessary and why is was practiced by all societies throughout human history, because interest is a percentage it grows exponentially, but the economy can only grow so much based on population growth and resource/energy use and such, eventually the debt starts growing so large it becomes mathematically impossible to pay off, so you can either forgive it or hyperinflate

>>17867944
Yes.
But first you need to let those fake companies go bust. Or else there's no "moral of the story". Without that people won't learn.
Also, ban usury.

>>17864873
don't they know what comes after trillions? boomer education jeez

>>17867944
>>17867979
The problem is CEOs found profitable ways to kill good companies while propping up zombies for tax fraud purposes. There are no "good" companies to prop up the economy, and the ones that are strong enough arguably need to be broken up for having monopolies. The U.S. economy is hollow and this small disruption in supplies is showing it.