/biz/ - Business & Finance

>>18092466
Because the government didn't intentionally shutdown 25% of the economy that time

>>18092466
Global pandemic? Shut down everything?

>Because the government didn't intentionally shutdown 25% of the economy that time

>>18092466
It will bounce back but only after its done crashing for two years

>>18092466
because it's not 2009 it's 1929

>>18093988
based. We are going to make so much money on this. I cannot wait to get more UND for the upcoming financial system reset.

>>18092466
In 2008, central banks told everyone bailouts / QE / zero rates were a temporary measure for this "once in a lifetime" crisis, and that they would be able to normalise rates and shrink the balance sheet within a few years. And everyone believed them (mostly), hence the optimism that was seen in the markets in 2009. However, this time around we know all this money printing doesn't work and all it does is enrich the 0.1% at the expense of everyone else. People are starting to wake up to this and realise that bailouts are not a solution. The underlying structural weakness is there regardless of how much you print and it will remain there until there is a colossal deleveraging in the financial system. That, my friend, is why this shits not gonna work the second time around. Fool me once yada yada

>>18092479
for a few weeks until this nothing burger passes, then it will roar back into action

>>18094135
>>18093988
>doomer gonna miss the dip
doomer dont deserve to make it

>>18094142

fed stimulus could work if they printed the money and then used it to create jobs, build factors and bring back industry. for example, if they spent $1 trillion on building the wall and through that hired a fuckton of unemployed people, it would generate a huge economic boost. new cities would be built and spring up near these border areas. it could be stipulated that high-tech solutions be used, thus saving boeing without just giving them fiat and getting nothing in return. give boeing a loan and require them to spend it on engineers who design a new automated drone that patrols the border. then have them build a new tower system on the border that is staffed with US employees. similar to airports except the towers monitor the flight paths of drones.

instead they're just going to give banks and airliners free fiat, while the rest of us peasants get a $1200 check, IF WE'RE LUCKY, and it might not arrive until May 2020. by then we'll be dead from starvation

>>18092466
>markets bounced back from the 2009 bailouts so easily
It took a litteral decade to reach pre-cash levels you dolt, and our situation is worse now than in 2008

>>18094165
I'm literally buying here. Pick up some UND if you want to make it anon.

>>18094142
based schiffposter

>>18092466
Because the real drop isn't the flu, the flu popped the bubble and we're seeing the burst in slow motion.

>>18092466
learn about short term debt cycles and long term debt cycles
2008 was the end of a short cycle
2020 is the end of a 90 years old cycle
It will take 10 years to get back to the pre-crash levels.

>>18092466
You forgot to mention the part where it took 3-4 years as evidenced by the graph to even get back to pre-crash levels.

>>18092466
You can only prolong the inevitable for so long donald. It will bounce from 9k

>>18096509
forgot pic

>>18096526
>>18092466

imagine seeing a steep drop like that and not buying.

>>18096568
dont do it yet anon, think for a second you really think things will just go back to normal right away after something this huge? it simply doesnt happen. use your head

>>18092466
so why aren't you all in shorting if you're so sure?

>>18092466
https://www.youtube.com/watch?v=kE9PV5GbElI

>>18092466
So what if Wall Street goes back to being its greedy, overpaid self? How is that going to help anyone else?

>>18092466
because in 2009 there wasn't a fucking pandemic going on in the background that wasn't causing the globe so slow to a stop. The fed can't artificially poomp the wuflu to death.

>>18094286
Wtf is UND?

>>18092466
>bounced back

It took 5 years to get back to the 2007 peak. And it took 7 years after the dot com bubble.

S&P500 is going to 1500 at least in 1-2 years. People only think "its just going to bounce back lol" because they think it crashed because of corona, so once corona is gone, "back to normal."

>>18092466
because that crisis was due to capital miscalculation.

not productivity death.

imagine this:
town 1 had some dumb bankers. they gave out loans to degenerates who couldnt pay them back. they then learned to not do that, and the govt printed some money and bailed them out.

town 2 has a plague. nobody is working, producing things, working in factories, building homes ect. the govt prints money but how does that fix the underlying issue? it doesn't. as long as people aren't working, the economy dies.

>>18092466
>why do you expect any different this time?
Cause past results don't predict future outcomes

Now you've seen how this started, you know recessions start gradually, then one day just drop. '08 was no different to the initiated. BUT the response this time of just print, print, print is desperate. Equilibrium must be sought, The CBs have to play a delicate balancing act to manipulate global currencies, They aren't being so delicate as of right now.
No one knows the future, even the Fed, but the chances of this being a good thing are slim AF.

Also this whole debt thing is centuries in the making.

>>18097144
High IQ post. The slow down started way before corona schizo panic, around Q4 of 2019. Corona is just a scapegoat to rationalize the collapse to the go- guys so that they wouldn't have any questions.

>>18092479
chill out r*ddit

>>18097144
This yeild curves where inverted since like November this was always going to happen

>>18092479
>implying the stock market has anything to do with economics

>>18097350
also, the economy is actually shut down so dividends wont pey very well, if at all.

>>18097266
except that town 2 has exactly the same problem as town 1 + what you enumerated

>>18094153
It'll be months at least. Possibly more than a year.

So should i sell now and buy when the market eats more shit? Idk... If i buy and it goes down I'll be forced to hold for a few years i guess.
If they are printing mass amounts of money should i keep my money in stocks given inflation?

>>18097774
>So should i sell now and buy when the market eats more shit?
yes
>If i buy and it goes down I'll be forced to hold for a few years i guess.
yes
>If they are printing mass amounts of money should i keep my money in stocks given inflation?
no
move to gold

>>18097838
Wont gold be at an all time high in such a case? What about bitcoin? Crypto seems like a fallback currency as well.
Either way i guess saving some money by buying at a high price is better than none.

>>18094245
No anon, both are the same. Inflation will hit either way

>>18092466
The FED has already lowered interest rates to zero before the issue has even gotten as bad as it's gonna get. They've already thrown TRILLIONS at the problem and it's just getting started. If you think this will lead to confidence in the fiat fractional reserve monetary system you are fucking retarded.

>>18092466
I think it's going to play out a little different because of the different politics. The American government tried coordinating with the Chinese [who played along more] and EU [who dragged their feet] after 08 and even covertly bailed out foreign corporations. Trump won't have any of that. The whole beginning of his first term was trying to force the Chinese to buy more American products, I think that relationship is going to go real bad in the following months and cause problems.

>>18098847
China will emerge as a superpower after this crisis.

>>18092466
>it bounced back in a week
The crash took the course of a year to hit bottom lil zoom

>>18098911
I doubt it. This financial crises is just going to spiral a lot more out of control in the following months and there will be a lot less global coordination. America will probably "come out on top" but it'll be slower.