/biz/ - Business & Finance

>>18280253
Worse

>>18280253
>6.6 million Americans
>0.8% of our population
kek

>>18280261
I nearly responded in earnest then I realized this is bait. 8/10, pretty good.

>>18280273
DELET

>>18280276
anything for you bby

I like how there is still mainstream speculation about whether or not a recession is "all but guaranteed at this point". Look around. It's over. This is the end. We already blasted through recession into the abyss, it's just not immediately apparent yet.

>>18280261
In one week, think of the long term, the graph Is only going up more and more, imagine few months down the line.

>>18280253
>Mfw I could've prepared better if I wasn't in gay ass university
>Mfw I'm dropping out into a recession and will sell drugs to live
Uh oh

>>18280294
A

>>18280261
This is only the beginning.

Its unemployment on steroids my gf is a waitress and gonna make 18k in 4 months we gucci

>>18280291
The floor has broken and the sinkhole is consuming the earth beneath our feet.

Enjoy your decent!

>>18280301
This.

https://amp-theguardian-com.cdn.ampproject.org/v/s/amp.theguardian.com/world/2020/apr/03/coronavirus-uk-business-activity-plunges-to-lowest-ebb-since-records-began?amp_js_v=a3&amp_gsa=1&usqp=mq331AQFKAGwASA%3D#aoh=15859814955961&amp_ct=1585981519424&referrer=https%3A%2F%2Fwww.google.com&amp_tf=From%20%251%24s&ampshare=https%3A%2F%2Fwww.theguardian.com%2Fworld%2F2020%2Fapr%2F03%2Fcoronavirus-uk-business-activity-plunges-to-lowest-ebb-since-records-began

We are fucked

>>18280253
lmaoing at amerimutts

>>18280468

>>18280253
no worries it is just a flu .

>>18280261
actually its around 4% if you account for our population that works

>>18280253
No.

too bad the blacks already spent it all

>>18280253
bullish signal, time to start buying

>>18280534
catching falling knives is not fun.

>>18280291

People still have a little bit of money on their credit/debit cards, food in their fridge, a car with gas in their driveway and they've been staying home and watching Netflix so it's not that bad, not yet. My apartment complex has a community board on their website for the residents. I've been seeing a lot of people complaining on it, asking the management office to make accommodations since so many are out of work.

>>18280261
nice math bro

>>18280296
not even that, good luck trying to join criminals. borders are closed. no drug deliveries.

Buy Tachyon Protocol (IPX), they will revolutionize crypto, their astronomical success and their Cybersecurity and privacy protection is one of the best, this makes them a must-have

>>18280253
Those stats only go up to March 12 so the next one will be even worse

>>18280291
This. People thinking things will be back to normal soon will be in for a shock.

>>18280534
Start buying as in start to employ people?

well the great depression was 25% unemployment with no gibs and this is just a million people who lost their jobs plus five million who never had a real job but applying for turbogibs
literally nothing to be depressed about, either take the gibs and stop whining or go back to work and ask for a raise because right now nobody wants to work

More people die from the common flu each year. It's fake news just trying to scare the stupid

>>18280989
Call Drumpf and tell him it's just a cough bro

>>18280253

the 1920s didn't have automation, so not really.


Priced in

>>18280253
t.

>>18280261
10 million all together and 7% of our working force

>>18280261
>can't even calculate percentage
>thinks he can make money on markets

>>18280253
hopefully

>>18281275
You should start believing in happenings you are in one

>>18281997
kek

>>18280714
>implying this has stopped illegals

>>18280261
yes anon, the kids counts

>>18280253
I looked at the new unemployment rules and they are retarded. You basically get more money than many people would get by not working. You also can qualify if you get furloughed and you can get it if you quit because you're "afraid of the virus". This is insane. Everyone should just quit because of muh virus and go on unemployment.

>>18280253

No. We are witnessing the great pandemic you fuck.

>>18280253
Only when those people run out of money and dump their bags do buy food.

>ban restaurants and other non essential shit
>dumbass normies working there live paycheck to paycheck
>guys how come everyones unemployed all of a sudden
>DRRRUUUMPPPPFFGHTTT!!!!!!!

>>18280253
6.6 in one week? I thought it was 6.6 million unemployed total?

>>18283252

Brainlet who can't read

>>18280261
I’m happy I deleted my post, that was good bait anon.

>>18280253
Nothingburger

We can always go back to the fundamentals.
The commodities.
Farming, growing our own food to survive. Right?

>>18280261
Also. The job loss is manufactured by the covid 19 hoax. Once the hoax is over. There will be a massive demand for jobs.

>>18283331
DAMN IT I GOT BAITED

>>18280253
This is the Greatest depression!
USA USA USA NUMBER #1

>>18283373
thread. there will be so many opportunities as soon as "lockdowns" are removed

i don't care what, this is only going to go on so long and EVERYONE will be going back to work

>>18283367
Wat. That's what we do now. Where the fuck do you think your food comes from?

>>18283367
The problem is most people don't own the land they live on. We'll go back to farming, but we won't be the ones eating the food. Your landlord might allow you to grow a small potato plot of your own next to the outhouse though.

>>18283373
>muh hoax
have fun with that in a month bud

>>18283412
you grow your own food?

>>18280253
Yes, stupid.

>>18283373
what about all the sole traders and small businesses that wont have the money to start back up? or the companies that go under?

>>18283423
Oh, you mean everybody can start growing their own food? How fucking retarded are you?

>>18280302
What do you plan to do with that 18k when everyone realizes the USD is worthless and no one wants to give you anything for it?

>>18283421
No one knows anyone personally who gas corona virus. Its only celebrities getting it coincidently

>>18283439
Not everyone. Property owners for some time.
As the very last getaway.
I mean if you are laid off, have a property and can't receive immediate benefits...you can re compensate your loss by growing food for yourself.

>>18283489
And save what, 50 dollars a month? Manual agriculture is probably the least wealth creating activity you could think of.

>>18283373
I bet you're going to die, anon

>>18283513
that does activate my neurons actually.

>>18280258
fpbp

>>18283489
>you can re compensate your loss by growing food for yourself
if you mean by "food" spices and mushrooms then you're right

>>18280302
What do you plan to do when a roaming pack of basketball americans decides to rob the diner and take your gf with them? I mean at least their bastards will be half-white

>>18280261

Even the math is wrong lol - its 2% of the ENTIRE population, which includes children, retirees, and financially secure neets.

Yes. And all the normies don’t give a flying fuck. They think we should just stay close indefinitely. We need to set a bright line date to get things back open. People will probably die, but it’s not worth triggering another Great Depression.

>>18280261
Now it's 10 million, about 8.25% of the labor force.

>>18280253
>he doesn’t know
https://m.youtube.com/watch?v=jfx7PnMtCeY

>>18280253
Let's hope so.

>>18280261
At best only 60-80 million americans actually work

>>18280261
How much of the employed population? That's 4% of employed people got let go. This means we're at almost at 8% unemployment.
It'll be more the following weeks. So, we'll reach 10-12% unemployment easily. That's as much as 2008 except much shorter timeframe.

Tfw all my fellow /biz/intines will usher in the 4th revolution. Making the Renaissance and Industrial revolutions look like sub Saharan Africa. All b/c we just happened to be on this Mongolian Basket weaving forum by chance. See you all on the other side of the Constantinople Citadels

>>18285168
how many times are you gonna spam /biz/ with your shitty videos you cocksucker

>10 Million unemployed in two weeks
>10 Million unemployed for two weeks

>>18280253
There is nothing great about depression

>>18285680
except when its affecting others and not you

>>18283373
>Once the hoax is over. There will be a massive demand for jobs
Are you actually retarded?

10 MILLION UNEMPLOYED THIS WEEK
GET YOUR SHORTS NOW

and as anon said in the other thread, for no good fucking reason. over a nothingburger flu we fuck ourselves in the ass.

>>18280261
>1 post by this ID
OH NO NO NO NO NO.

>>18286699
Clown markets don't care

>>18280261
You have to include that with the existing unemployment numbers

>>18286709
The flu doesn't matter. It's our unsustainable balloon economy that was fit to burst at any moment, but is being propped up in order to guarantee shareholders can exit with maximum profits and that the banks and CEOs can draw as much money from the federal reserve as imaginably possible while also giving bread crumbs to the masses to keep them distracted and focused on holing up in their houses as the entire balloon deflates.

Our economy isn't based on anything physical, just speculation and easily manipulated/falsified concepts built to blind people who are not "in" and provide huge boosts to the actual in crowd. The rich will be eating on honeyed ham and lobster dinners every night for years to come, while you shoot your neighbor because his frozen hot dog stash is enough to give you a few more days of survival. The rich will be on yacht/cruise fleets with fully staffed crews and far the fuck away from any of the masses, who will be burning cities when their money is worthless. The rich will have armies of paid bodyguards and mercenaries who will be given huge promises while the government tries to continually take firearms away from the public to prevent us from assassinating the ones who doomed our futures. And if you kill rich people, their paid news slaves will condition the public to brand anybody involved as inhuman terrorists and madmen so the public feels shame at even considering this. When the fires clear and the ashes settle, the rich will return to the broken ruins of society and start paying the blithering retard masses to start producing things, and the cycle will begin anew.

>>18280253
It's been a depression since 2008. Only now is the middle class directly affected.

How bad is a depression gonna be in the 2020s, bros?
I don’t wanna die.

>>18286977
Based reposter

>>18283252
no, that wouldn't be so bad.

>>18286739
he fled in shame