/biz/ - Business & Finance

They don't teach economics in school

Because markets are going up

>>18332738
>market going up means economy will be restored

oh no no no!!

>>18332723
Because we are basically a Black Country now

>>18332723
>justaflubro
>lmaocurefound

That's about it, really

>>18332745
It's a clown world I know

>>18332723
No one is saying that. Not even people who are super bullish on stocks right now.

pent up demand

Honestly wondering the same thing. I've been working from home for a small business, and some orders just came in that need to be shipped from the post office. Someone from work keeps calling and asking if I've taken stuff to the post office while simultaneously my state keeps saying each day was the highest increase of COVID cases on record, and the CDC says you probably shouldn't go to the grocery store unless it's an emergency. People are just trying to act like life is normal because they're going to fucking lose their minds otherwise.

nothing burger

>>18332723
because fearmongers were memeing about people falling dead on the streets in china
now it's evident that situation is closer to nothingburger than actual happening

>>18332723

>>18332723

Because the stock market defeated the virus you fucking ninny

>>18332723
Because Trump is the president and Trump is a successful businessman.

>>18333011
Yea but think about how many lives we saved by social distancing and sheltering in place and how many more lives we could have saved if we acted sooner If not for President Trump. We all got blindsided by the fear mongering and I blame 4chan

>>18332736
Well they do teach economics, but it's in American public schools

>>18333333

>>18332723
>>18332736
>>18332745
Literally artificial panic over a flu

>>18333072
Thank Vishnu for BSV

we're in textbook denial.

>>18333665
*complacency

>>18332723
Lmao. Waiting for reality to set in. No way 10+ million unemployed get a job in under 1 months times. Plus all the others who've gone unemployed last week. Heck I wasn't expecting it to double. If this doubles up again it might set it in stone that even if stocks are going up, unemployment is going up meaning valuations should go down as revenue goes down. Albeit the market is behaving irrationally so a possibilty that the real dump doesnt start for a few months is there. Heck most recent estimates show that in 2018, about 155 million were employed. If another 5 million go unemployed on the upcoming weekly report then we're at 10% unemployment according to those 2018 numbers (no idea for 2019 numbers as they are estimates).

>>18332723
because every country is printing free money for their citizens.

>>18333895
Here's what retards like you don't understand - it's not true unemployment. Almost everyone has been temporarily laid off while this goes on and is collecting an unemployment check and as soon as the restrictions are lifted they're getting their jobs right back. I literally can not name one small business, let alone major business that has closed it's doors right now meaning true unemployment. This shit has a month left at most and then you're going to be sitting there crying about how rigged everything is.

>>18332723
because no one will give a shit about this, no one has this much freetime or cash reserve. we will wear those fucking masks for the sake of hypocrisy and hope we don't die, but sure as fuck i won't stay home and be scared that i might die if i go outside, and i am even more sure that i won't eat fucking bread and kidney beans all day, i will hit those restaurants baby and will take at least 2 tables to secure my 1.5 meters of safe space

>>18332723

70+ year olds don't contribute to the economy anyway, and death rate below 70 year olds is like >1%. And this period of time will also burn off a crapload of shitty companies.

Thus in the long term this will only benefit the economy.

>>18334588

>>18332723
Because they achieved what the wanted. People will now accept a greater level of control before the bad flu breaks out again.

>>18334588

And if fact, old people are detrimental to the economy. They hoard most of the wealth, while simultaneously contributing nothing.

>>18332736
I don't think you realize how often economists are wrong.

Because America is filled with literal 85 IQ mutts that worship an orange kike and parrot any media they consume without question in order to serve the interests of Israel.

>>18332745
How do people still not understand that the value of stocks isn't a reflection of actual economic conditions but rather what the average normie believes?

We unironically are in an eternal bull market unless or until the entire economic system of the United States collapses and even then guess what? Stocks for most large corporations will likely keep going. Don't forget the entire concept of the stock market isn't even 150 years old, not even the "experts" can predict this shit because things such as the rate at which information spreads due to the internet just being one example has radically changed how these functions operate even over the course of a couple years. Nobody buys stocks as a true investment anymore, not in the usual sense of the world. They all buy in hopes that big number go up over time. And as long as people believe it will keep going up it will.

So tell me, when will there ever be a point in time where people stop thinking the dollar value of stocks will go up? There won't be

>>18334490
lol come on brainlet think harder. Do you really, REALLY think that all these shitty small businesses running on razor thin margins and sitting on mountains of debt are going to hire everyone back next month? Many are going to stay closed, many are going to re-open with a fraction of the original staff, and many others are going to take this chance to automate things like cashiers. Welcome to the new way things work.

>>18335082

So idiots, who worked for poorly run companies, will not be employed anymore. Or in other words, morons who didn't contribute, will continue to not contribute.

How is this a problem?

>>18333497
Shill spotted

>>18335152
99% of businesses were running on margins and debt because you couldn't compete otherwise

>>18332723
>Why are people under the impression that the economy will be restored within a month or two?
Because clown world.
Economic theories are nothing more but comic books.

>>18335082
Yes I really do think they will hire people back. They're getting their own free money from the gov and life is a couple of weeks to going back to normal

>>18335152
>idiots
yes
>poorly run companies
yes uh huh
>will not be employed anymore
okay yes he gets it
>morons who didn't contribute
aw fuck you were doing so well

Do you really think all the shitty local bars/restaurants/clothing stores/venues/art galleries etc etc. weren't contributing? Or at least, do you think the people being paid by those businesses weren't "contributing" in some way to the greater economy?

>>18334706
>No government has enough test
>Oh shit the mortality rate is very high !

Of course it is high if the measured number of infected is 100-1000x lower than reality because there are not enough tests

>>18335274
They provide services and goods people are willing to pay for. So yeah they do contribute, it's just that they are mismanaged and this is made okay by bailouts. In a free market, shit businesses with shit products and shit capital/debt management would disappear quickly and their employees would wind up in better run companies.

>>18335205

So which important companies will go under then?

>>18335274
No, that local faggot barista wasn't contributing anything meaningful to my life. And new bars and restaurants will open in the ruins of the old one. I feel 0 attachment to any of those businesses.

Successful, well run, companies will have the means to go through this crisis. Or they will adapt, by selling clothes online or whatever. Some 24 year old faggot selling second hand clothes doesn't have a meaningful impact on my life.

>>18335274
What pisses me off is insolvent companies being propped up with endless central banking cartel monopoly money because they would rather further annihilate chances for future economic prosperity than suffer a loss to their 401k number. We are in such a bad situation with the everything bubble popping and a pandemic on top of it. The market needs a long bear session to cool off, for shit companies to go insolvent and for things to be reorganized. The longer this clown market goes on the worse it's going to be

Not two, maybe 5 or 6.
Infrastructure is still there. Well, considering the high number of deaths and less pressure on the social security money, perhaps 6 mo.

>>18334490
"This shit has a month left at most "
Why do you think this

>>18332802
>People are just trying to act like life is normal because they're going to fucking lose their minds otherwise.
Of course they are, born and bred slaves have an incredibly hard time relaxing and doing nothing.
That being said, no one will actually lose their minds. They just say or think they do. The ones actually killing themselves over this had way deeper rooted problems.

>>18335365
Lol as if your life matters enough for the local barista to contribute to it. Don't be all retarded and act like consumers spending money has nothing to do with economic health. Do you really think banks are going to lend money out to people that think it's a bright idea to open a new restaurant right now??

>>18333665
>>18333688
Meme charts sometimes work and sometimes don't.
Do you think the person that conjured up this chart knew about the BRRRRRRRRRing occuring this time beforehand?
Highly... well... unlikely ain't it?

>>18332723
you think a virus will end global progress.

>>18335082
Yes actually they will. They will either hire people on next month or go shut down. If you owned a small business which would you do? And that anon's right, businesses haven't actually laid people off the term they use is "standby" which is some onions shit I know, but that's what they're calling it now in corporate speak. This is a unique time, comparing what we're seeing to a mass layoff is blatantly false yet every doomer I see runs with this because they WANT it to be true. The reality is once things die down even if a million people die it will be business as usual. Even if 2 million die that's nothing in the grand scheme of things.

You actually think small businesses WONT hire people after the boomer remover runs it's course? Technological development happens slowly over time, it doesn't just pop up out of nowhere and grab everyone by the balls because people are resistant to change, especially the boomers in charge. Your ideas are full of contradictions my dude, shouldn't call other people retarded because it comes off as projection

>>18335522

If that restaurant idea is from your average moron, than no. If the restaurant idea comes from someone with a proven track record, someone who understands that home delivery is important, someone who actually offers value through an innovative product, then yes.

>>18333938
>believing this meme
Most countries will rather end their respective shutdown prematurely and leave it to the people to find jobs again than to actually give their citizens direct monetary assistance.
The big banks, institutions and multinationals already have their bailouts and money injections guaranteed however.
But actually thinking that the financial system wants to give the common person any sorts of nice things just shows how freaking bluepilled some people are imo.

>>18334490
Found the guy who
A) Wants it to go up but likely hasn't gone all in on stocks.
B) Wants it to go up to prove he is right even though he is too scared to go all in

If you're so sure why not post a pic of you going all in? That's right you won't because you aren't 100% sure. Whereas I don't as I clearly see it as manipulation meaning betting up or down I'll get screwed. But hey you don't believe there is any manipulation so why not go all in now on companies like airliners and cruiseliners. Easy 5x in less than 1 month according to yourself. Hell take out a loan since you're so sure of yourself.

>>18335518
I live in Jersey, at the very epicenter of the outbreak in the US. I hear sirens all the time, some ambulances sped past me. There are bodies being stacked to the ceiling in hospitals 60 miles north of me in NYC, but people go about their normal routine. Half of these fucking retards aren't wearing masks.
I go out sometimes to see how people are reacting in my CBRN hazard mask and get glared at. People who aren't wearing masks give me the shittiest looks. Some even laugh. One nigger wanted to take my picture. IT ISN'T A FUCKING JOKE.

>>18335680
Seriously, could you reduce the LARPshitting for a bit?
>sirens all the time
>boedies being stacked to the ceiling
>wanting to make us believe that you actually leave the house

>>18335622
Oh okay great: home delivery. Automatically lower overhead than a full on restaurant. Automatically lower staff requirements. Automatically fewer jobs available. I'm really not sure how you don't see this.

>>18335604
Lol come on friendo, you know just as well as I do that boomers are the first to cut employees if they see a benefit in it for themselves. All these people running over leveraged businesses are going to take this opportunity to reduce their number one expense: payroll.

>>18332723
Because there's not enough attention span from the majority of people living.

People will forget there was an issue and will continue as normal, regardless of conditions and logic.

>>18334781
critically underrated

>>18332723
Wishful thinking and self delusion.

>>18335680
Shit, man, how is it possible? Im from a 3rd world country and more than half of the ppl here are using some kind of ppe. Back in march normies would react negatively to masks and gloves, but NOW? We are used to it already. How come your people are being so fucking irresponsible?

>>18335763
Sure they'll cut out a lot of employees but they won't be shutting their doors. Right now so many people are filing for unemployment is because they know the government is going to give them gibs. Automation will happen sure, and I wish it was sooner rather than later but we both know boomers will kick and scream until their dying breath to keep things the way they are, brainlets are adverse to change.

Frankly the only way to get them to change business models is when they see someone else doing it and making more profit than them

>>18335018
top quality post

>>18333497
Worse. It's not even a flu. It's the common fucking cold.

>>18335748
Are you scared? I know normalcy bias does things to people but try to appraise this situation rationally instead of denying it. NYC is 60 miles north of me and yes, bodies are being stacked to the ceiling.
https://streamable.com/596b3y

Hospitals have run out of morgue space and are using refrigerated mortuary trucks to deal with the dead. This video was from a week ago when the daily deaths were still under 500. They're 800+ now.

>>18335018
>Don't forget the entire concept of the stock market isn't even 150 years old

that is objectively false. https://en.wikipedia.org/wiki/Stock_market#History

>>18335825
The reason is simple. Your people know they are not immortal. They're used to suffering and death and reality. They're redpilled. Over here, people have a false sense of immortality due to living in a developed country. "Oh that'll never happen here" they say. And now instead of buying rice and bullets, they buy fucking toilet paper. Imagine that.

>>18335864
>Are you scared?
No. What makes you think that I am?
>https://streamable.com/596b3y
Literally indiscernible if staged, deepfaked or actually real.
>Hospitals have run out of morgue space and are using refrigerated mortuary trucks to deal with the dead. This video was from a week ago when the daily deaths were still under 500. They're 800+ now.
I actually highly doubt these kinds of stories and am inclined to believe that they suit a certain agenda.
Imo, the likelihood that an excess of dead bodies would be consolidated and centrally stored at more remote locations (empty commercial real estate, military locations) rather than at the back exit of the hospitals of stacked in bodybags at the staff only hallways is incredibly high.
I also dismiss modern war footage as mostly deepfakes and am very suspicious if Aleppo actually is a real place on planet earth.
>inb4 schizo take meds

>>18335905
>Comparing the largest system of exchange of derivatives and company share ownership with some greasy old jews swapping debt notes in the 17th century

Very big brained post, did you actually think about any of that or did you just see the date and decide to shitpost a wikipedia link? It changes nothing of the points I made

>>18336052
shut up nigger.

>>18336052
you literally said "the entire concept of the stock market", not "modern electronic trading exchanges". you're objectively wrong, you lose, good day sir. be more concise with your language next time you fucking double nigger dick sucking faggot.

>>18335864
>Video starts
>Spic starts speaking in tounges

OH MY GOD LOOK THIS IS NEW YORK RIGHT NOW I BETTER WEAR MY GAS MASK TO THE STORE NOOOO

>>18335249
>implying they aren't gonna just take the money and not hire back 2/3rds of their workforce like 2008

>>18332723
They think everyone will go back to work after corona and that jobs will be there waiting for them. If there aren't jobs then government will just brrr jobs into existence. Of course this is all artificial, an illusion.

>>18335680
>There are bodies being stacked to the ceiling in hospitals 60 miles north of me in NYC
Photo evidence please.

>>18334203
Based

>>18335018
>They all buy in hopes that big number go up over time
Isn't this the whole point of investing in something? The only reason people invest is to gain some kind of ROI.

>>18335604
>TFW Humans are essentially orks.
Golden bull WAAAAGH inbound.

Why wouldn’t it go back to normal when Jews can just BRRRRRRRRR? Who do you think runs the financial markets which in turn runs the world? Do you really think (((they))) will let it all collapse? Unless the goyim rise up in rebellion they all just made a shit ton of money shorting, then buying the dip and will buy up all the cheap real estate here in a few months when housing starts to crash. Guess what? Turns out waiters, hair dressers, line cooks, and CONSOOMER retail workers aren’t that important to the economy. This just widened the gap of the rich getting richer and the poor getting poorer where we may even see UBI given to the poor/middle class so they have more money to CONSOOM and prop up markets. I don’t think it’s completely a room full of Jews rubbing their hands together like ILLOOMINAUGHTY but I sure as shit think powerful people get in cahoots when it comes to controlling things like money printed, oil, energy and food. Those people aren’t gonna let go of their stranglehold on the planet without some erupts consequences and guess what EPSTEIN WAS THAT CHANCE. And the gutless goyim blew it.

>>18332723
Recency bias and coping mechanism.
My boomer dad whose entire life is based on rental properties and debt feels this way, not because of any evidence but because even acknowledging the possibility of it not going back to normal would be acknowledging the inevitability of his future bankruptcy.
You have to understand there are millions, maybe tens of millions, of people in the middle-upper class in America whose lifestyles are only possible because they have vastly overvalued properties that they can rent out for more than they pay in a mortgage. If they can't rent those properties out for a year or two, they will lose everything.
So they're looking for any glimpse of hope they aren't about to experience bankruptcy in their late fifties and sixties, because there really is no coming back from that.
Fortunately for my Dad I make enough to take care of him if that happens, but for many others they are just absolutely fucked if this thing doesn't go back to normal. There's no 'starting over' in your late sixties.
I'm currently trying to get my Dad to take out as much money on his properties as possible because he's got a cheap mortgage and it's basically guaranteed he'll lose them in the next few years no matter what he does, but he doesn't want to listen because he's a boomer who has always been trained to think that things will be fine and big daddy govt will always be there to take care of you.

>>18336541
i didn't read the original guy's post but the problem is when you get to the state where you're in a long enough bull run to cause people to think that some asset (in this case stocks, but it can be shit like house prices/mortgage-backed securities too which is what the 2008 financial crisis was about) "only go up". as in they literally believe that the asset can only go up in value and there is no risk, so they overleverage. then when all of a sudden it doesn't go up, and in fact it starts to go down quite rapidly, they panic sell because they can't afford the debt they took on due to the leverage.

so the real problem is people not understanding risk management, and massive debt. because during the good times, debt becomes cheap.

>FUGG A TEMPORARY ECONOMIC HURDLE
>SELL EVERYTHING AND LIVE IN THE WOODS AND ABANDON LIFE AS WE KNOW IT!

>>18336657
>only go up
In the long run this is true though, obviously there will be dips/crashes along the way but it does always go up. People that are too shortsighted to make calculated risks are just bottom feeders with low time preference.

>>18336589
UBI would be pretty sweet though you have to admit. i've already accepted our jewish overlords and am making a massive profit instead of complaining impotently about it. you unironically can't beat them or change things, the best you can hope to do is to educate yourself and profit from their dirty tricks. the rich get richer and the poor get poorer is terrible but if you can't stop it the least you can do is be on the rich side instead of the poor side.

hell, you can even be a robin hood of sorts (even though the app is garbage) in a literal sense. if you can get rich from the markets you can become a philanthropist. that's my dream, personally.

GREEN LINE GO UP MEANS ECONOMY GOODER

>>18333196
Dilate.

It's a nothingburger thats blown massively out of proportion by politicians and media who instrumentalised the shit out of it and stoopid boomer normies who read (big number of deaths) in the news without even comparing them to the normal numbers nobody gives a shit about

>>18335340
Flu deaths are tested even less so yeah corona is even more deadly than it shows in current data.

Only r*ddit doesn't realize that this will be a J-shaped recovery. The American people can see through their nothingburger ''''crisis''''

>>18336713
>old people dies of the flu
>part of "the plan"
>a small fraction of old people die of new flu
>everyone loses their minds
Stocks are oversold. Does anyone unironically think that the system won't correct itself?

>>18334781
Based

>>18336705
BRRRRRRRRRRRilliant

>>18336697
Absolutely my man I am with you 100% literally is no beating them, the goyim will never rise up unless they are starving and homeless. I’d love UBI I worked 2 years in the (((corporate))) world in IT and it made me disgusted, being a wagie is akin to wearing a chastity device 40-50 hours a week imo. Taking orders from women and boomers hurt my soul. I quit and now just sell weed and have a fat crypto stack, if they throw UBI our way I will literally never wage slave again and would be happy as a clam. I would like to see the Jewish overlords wise up to how they are destroying the planet though, the mass pollution just to CONSOOM useless shit and destroying wildlife is disgusting.

>>18336688
that's true but you don't understand that the reason why crashes occur in the first place is because of leverage. if you actually educate yourself on historical recessions/depressions especially in the U.S. since the founding of the country, you'll find pretty much every time the market crashed was because of overleveraging during the good times. the Great Depression was preceeded by "the Roaring '20's" for example. the dot com crash in 2000 was obviously due to overleveraging into internet companies during that boom, the 2008 crash was due to mortgage-backed securities with everyone overleveraging into housing, and this current one was preceeded by a decade-long bull run where obviously people yet again overleveraged because it had unironically only gone up for such a long time they thought it would never end.

the point is that it's a cycle that keeps repeating, and will continue to repeat as long as we're all capitalists. the best thing you can do especially right now is educate yourself on this cycle and the patterns that have repeated themselves over and over historically, so you can profit from it yourself. this current crash is going to bottom out whenever we get a vaccine or strong antiviral treatment for coronavirus, that is when you want to start buying back into the market and DCA'ing if you're a long term holder. get ready for the next decade long bull run and prepare yourself for whenever the next crash will occur after that.

>>18335846
>10% kill rate
>Common cold
You've been selected to join the Q tard schizo boomer team.

Your 5g leaflet will be arriving shortly.

>>18336731
Do you actually believe this or are you actually retarded?

>>18336763
>Does anyone unironically think that the system won't correct itself?

i play magic: the gathering, a competitive strategy card game. in it, we have this concept called "playing to your outs". if you need to draw a specific card from your deck to survive/potentially win and if you don't you lose, then you play your turn under the assumption that you will draw it. if you draw it, you can still potentially win, or at least buy yourself another turn to maybe draw another card that could save you. if you don't draw it, then nothing you do matters anyways and you've already lost. so you play as if you'll draw the card you need.

that's more or less how i'm handling the coronavirus situation. life likely won't be worth living and i'll probably die if the system doesn't correct itself and society collapses, so im going to continue living my life assuming that it will all work out eventually. if i don't draw my out then it doesn't matter what i do, i've already lost so there is little point in planning around it.

>>18335829
you are dumb.
I personally know two people who are legit unemployed because their employer shut down.

One of them was pretty high up at a hotel. But keep believing in the supernatural Q 42 5g shit.

It'll only make it funnier when I watch you jump off a high rise.

>>18336803
the funny thing is if you unironically believe in the whole jew conspiracy thing, then it makes sense that they would find a way to fix the coronavirus situation because they have a vested interest in maintaining their power. which might give you some comfort about the whole situation. obviously if the whole world economy collapses then their money and governmental authority becomes pretty useless, not a great situation if you want to be King Jew or whatever they're trying to do.

>>18336878
>life likely won't be worth living and i'll probably die if the system doesn't correct itself
Essentially this. If you invest now and it corrects your a winner, if it doesn't, society collapses and money is worthless anyway. Hedge with guns and ammo.

>>18336874
you probably think it's 5g.
He's right. Sorry but you can't argue with reality. Go shill your 42 shit elsewhere.

>>18336934
>If the DOW goes below 20k again society instantly explodes
You ever thought that the kike tickers can go down and people will be ok?

It's literally only the rich kikes that care about the Monopoly money market. Society won't collapse if the DOW loses another 20% schizo.

>>18335082
>businesses will close and never, ever reopen again
>businesses will close and the owners will evaporates into thin air, never to return
>people will lose their jobs, those jobs will permanently be gone forever
>lost jobs will never come back and the unemployed will never have another job ever again
>unemployment is permanent

this is maybe the craziest brainlet line of thinking, I'm intrigued. Where did you learn to think like that?

>>18337011
>everything is hyperbolic
this is why you were born poor and you will stay poor.
Retard thinking is embedded in your DNA.

>>18334490
You are a literal retard

>>18336988
>Society won't collapse if the DOW loses another 20% schizo
That's not what I implied at all, but it is ironic that you think the market is so worthless, yet you waste your time on /biz/.

Jews are going to get hit the hardest by this, they are STILL doing passover even though Christians are mostly canceling Easter or doing a virtual Easter.

That will motivate the people in power to actually fix the problem quickly and cause the market to boom.

>>18337011
>people all upset over boeing
>literally all of the engineers, planes, factories, equipment, tools, etc still exist

they buildings are still there faggots they just get sold for pennies on the dollar to someone else who is hopefully more qualified. those building don't explode if the business goes under lmao

>>18337082
I just come here to inflate my ego. It's not healthy but sometimes it's funny to look at retards.

I imagine it's why people followed Chris Chan for so long.
FYI I sold everything in February, bet against the market then quickly got the fuck out. I'm a little too old for the whole Bobo/wojak dichotomy. I just make money.

>>18335804
Thank you. It is so damn obvious too. Dr. Kettner, Director of the International Centre for Infectious Diseases, says:
`I have never seen anything like this, anything anywhere near like this. I am not talking about the pandemic, because I have seen 30 of them, once every year. It is called influenza. And some other respiratory illness viruses, we don't always know what they are. But I've never seen this reaction, and I am trying to understand why.`

>>18337156
>I just make money.
>6 posts in the thread absolutely bawling about how you have friends that lost their jobs

sure thing man. Now fuck off out of the thread

>>18337156
>FYI I time the market perfectly
>I just come here to inflate my ego
>only the Jews invest in the stock market heh
>my friends all lost their jobs because they work in the service industry

dude you are fucking hilarious. Nevermind, keep posting

>>18336688
It always goes up nominally yes. But look at the Venezuelan market. You're technically up like twenty thousand percent nominally, but in actual purchasing power you're down an equivalent amount.

>>18332723
Because proponents of muh second great depression make shitty memes and post tedious walls of text that are not insightful.

>>18336988
>If the DOW goes below 20k again society instantly explodes
>You ever thought that the kike tickers can go down and people will be ok?
We're almost living through the South Park Episode where Obama won the election and people of the other team were worried that society would collapse in an instant once it had happened (Season 12, Episode 12) in real life.
It's a fucking clown world.

>>18336915
I use Jew as more of a blanket term for the powers that be, it happens that a majority of those with some exposure to the public are Jewish so it’s not even a conspiracy when something like 30-40% of the worlds billionaires are Jewish and how many Jews work in the media. The real players probably aren’t in the spotlight at all. It is what it is I’m with you accepted it and have even come to terms most people don’t even want real freedom and are happier being NPC wagies that don’t have to think for themselves. I just want to be comfy for me and my friends/family and have a hopeful future is all that’s really the best we can do and try to be living examples for the next generation and give them something to look up to since all we had was pathetic boomers as our predecessors.

>>18335604
>Technological development happens slowly over time, it doesn't just pop up out of nowhere and grab everyone by the balls
The iPhone and social media beg to differ.
My only criticism with your post.

>>18337190
bawling?
I'm ballin'

>>18337235
glad u appreciate it. No idea why these retards believe what they read on here. Then again they did buy XRP, Nano, and Chainlink.

>>18332723
why aren't you shorting then, bobo?

>>18337235
didn't even notice you were the same poster. Jesus Christ chill out. You can reply once you know, little guy. I'll read it all I'm a big boy.

>>18336697
>if you can get rich from the markets you can become a philanthropist. that's my dream, personally.
based
godspeed, anon

>>18336453
I’m sure you’d like to add that to your spank bank you sexy bitch

>>18333497
the panic is real dumbass

>>18337477
i agree with you. it'll be really interesting to see how things work out when the boomers die to covid and the millenials can finally start taking control and trying to realize our own ideals that the boomers hate so much. like, you know, actually caring about our fellow man.

>>18336878
good strategy and outlook
sending you some positive vibes, fren

>>18337477
it’s all coincidental

>>18337576
>bobo

I'm not a bobo or a bull, I'm here to make money and I'll join whichever team is winning. I am not shorting because everything is too volatile right now.

What all governments simultaneously have done is this: overreact to a fucking different version of the flu. They not only overreacted, they forced an economy stop. .... Now why in the hell would they do that? Do you not know our governments yet? As if a few thousand dead more or less mattered to them that much? What is more important, the world economy, or grandpa at 90 years old really dying already? You think about that.
And then tell my this was done ;)

>>18332723
because there wasnt a fundamental that was out of place that caused this, and everything is computer driven anyways.

>>18332736
Economics has no sense, we were wrong all along.

>>18332723

Because they're fucking delusional debt ridden retards

>>18335152
These businesses are the majority and banks need their money. Not only that but a small time effort of a few months can't erradicate a disease like this until there's a vaccine, there will probably be outbreaks again. Since the strategy to stop it is lockdown, we're gonna have a while of this

>>18333497

The flu is used as an excuse to deflate the debt bubble by introducing vast amounts of liquidity into the currency market. Literally nobody has any cash to pay debts, so they pump cash into the system using this as an excuse and suddenly the credit bubble can be stretched much further for another 8 years.

Of course your money will inflate away if you don't own real assets but who cares right? As long as rich banker jews can keep kidnapping kids.

>>18339019
governments care way more about economy than people dying which is why they pussyfoot around with inconsistent half-measures trying not to spook markets. why do you think the president is the biggest "just a flu bro" poster around?

>>18339296
You said the same thing I said in different word.
Now tell me, why it was done ... use your head

>>18339335
>You said the same thing I said in different word.
read again

>>18332723
Why are you happooners so delusional? Literally nothing happened except for needless panic.

>>18339418
No Anon, you read again lol ... that is the point! YOUR statement 'governments care more about economy than people dying' is what I said in other words. Now you think about it and tell me and yourself why i was done like this now.

There was no pussyfooting around... the US played along just as well as everyone else. Business owners in NYC getting arrested and all that shit... There was meant to be a shut down. Maybe Mr Trump didn't want to accept it right away, but he did, he did

Why?

>>18339296
The economy is more important than people, and it's less than a flu. Not a single politician has done any pussyfooting. More like being a raging faggot and overreacting, harming the economy in hopes of saving people which would leave the world better off if they died.

Do you all not WANT to see?

>>18339515
>No Anon, you read again lol ... that is the point! YOUR statement 'governments care more about economy than people dying' is what I said in other words.
that wasn't the point. it was the thing we all agree on that doesn't need to be argued. the rest of the post is the point which is not the same at all.
There was plenty of pussyfooting around. The quarantine rules and public statements have been completely inconsistent from day to day and from location to location.
Governments don't want to accept that this is actually worse than the flu because they want business as usual to continue. Trump especially because economic collapse never bodes well for a sitting president trying to win a second term even if it happens through no fault of his own, which is more a flaw in our system than Trump himself, but he and others still desperately want to pretend it's just a flu, and now they are forced to take more draconian measures because they refused to nip it in the bud.

>>18333665

disbelief

>>18333036
That's got to be April Fools. Comptroller of the currency needs a new person, and the best they can get is a crypto guy? They couldn't get anyone who knows about real money?

>>18339805
Listen to me please: get rid of Trump in your head, and think again

>>18332723

They get their media delivered to them at the speed of light. Something they order on Amazon arrives one or two days later. Everything they could possibly want or needis a short drive away. All anyone knows anymore is instant gratification. Why would the economy rebounding be any different?

>>18340054
I don't particularly care about Trump. Nothing about the rest of my post would change if I didn't mention him.

>>18340211
It is not about whether you like or hate Trump Anon! It is about understanding that governments worldwide have simultaneously acted completely illogically! They do not normally do that

The damage done by this world economy shut down is much higher than a few thousand people dying! Normally governments don't care, you see what I am getting at? Do I really need to paint you a fucking picture?

>>18340294
where have you been? they've done that with increasing frequency ever since WWII

Basically if the economy really crashed I wasn’t too confident in bank notes holding any value either, so I threw all my cash into the dip. If the economy recovers in my lifetime those stocks should be pretty good. If the economy crashes then oh well i grow vegetables for a living anyway.

>>18333111
Checked and based

>>18340357
Not simultaneously to this extent

>>18335604
The closed small businesses are all consumer spending driven. Majority will close for a long time maybe even permanently due to the collapse in consumer demand. That die was already cast when they shut down the economy. We are in for a likely recession and a consumer liquidity crisis, denying it and thinking things are going to go back to normal anytime in the next year is folly and I hope you put your money where your mouth is. I personally predict in the long term the economy fundamentally changed and we are going to get slammed with automation about ten years ahead of schedule so I’m hedging appropriately.

There will not be a crashing economy dear faggots, the whole point of this world wide economical shut down was FEAR. Put FEAR deeper in people, make them understand they have to obey. And in Europe for example, the are now singing it all over tv and radio 'thank you you see together we are strong, we all have to obey together and everything is fine' ... this is the pre-step that was tried and that worked

>>18340538
fuck them

As of now, every further measure taken will be easily understood by the plebs, because, yeah, it's for our own good

INCLUDING might I add, crypto for the world

>>18340538
You misread the government. They are in fear right now because they can’t suck up any more tax dollars from the population. Keeping everyone calm is better than the sudden realization that either massive inflation is needed to keep budgets balanced and the lights on or massive spending cuts will be needed to hide the scope of the problem. I hope you are aware of the fiscal health of where you live, you will be the one taking a haircut.

>>18340621
lol just print it. it's worthless anyhow

>>18340621
You can't threaten me. I will keep telling the truth.

>>18340455
I disagree. This isn't any more illogical than what I would expect based on their past behavior and the fact that they're all coming to terms with the same current pandemic.

>>18340672
Take your meds schizo or go long on stawks. Same practical result for me, or do nothing if you so choose. I wouldn’t know anyone, but I hope to God you don’t actually think shits going back to normal because if that’s the case you are the biggest rube on earth.

>>18332723
Well the people on TV say were not out of the woods yet. We will probably see some bad shit this month because of the mortgage finance market.

>>18333011
/thread

>>18340772
We won’t see shit in the mortgage markets for a year or two despite how much the banks want to whine. Coupons will still be clipped and payments will continue on a lower basis. They are just mad they have to restructure their already toxic vehicles. In a year or two we will get the chaotic response that comes from foreclosure and mass delinquency. A lot of mortgages are underwater and nobody has realized it yet.

Ok, practical then:

Dr. Kettner, Director of the Internatinal Centre for Infectious Diseases says:

I have never seen anything like this. Anything anywhere near like this. I am not talking about the pandemic, because I've seen 30 of them, one every year. It is called influenza. And other respitatory illness viruses, we don't always know what they are. But I have never seen this reaction, and I am trying to understand why`

>>18340734
You be careful there with you statements Anon.

>>18335864
Literally just someone saying numbers is all I see. We don’t know anything for sure. Anything the media says is more likely than not to be a lie even on a good day.

>>18340836
You stop denying reality. We already crashed the economy. What happens next is completely out of our hands.

>>18340967
We were talking about if you even understand why, faggot... then you start with trump, then you switch subjects again...are you glow?

>>18341043
I never said anything about trump. Check my responses and my ID. I’m phone posting otherwise I would corroborate my statements faster than the money printer goes brrrrr

>>18336915
They already have all the wealth the only thing left to get is absolute power featuring a full tilt police state with total tracking and surveillance. It’s inevitable.

>>18337104
>we are now waiting 8 weeks for stimulus checks

I wonder how long Boeing had to wait for their corrupt bailout

The virus is not the apocalypse.
But it is a catalyst.
It popped the asset bubble.
An asset bubble that was created by debt and Fed market manipulation and stock buybacks and Fed free money and low interest rates forever.

Will that dynamic be able to remain in place, after we have stacked up multiple trillion of new national debt?
And with a Fed that has multiple trillions more on its balance sheet?

Debt must be reckoned with!

>>18333497
the pandemic has nothing to do with the last 10 years dipshit

>>18340621
>I hope you are aware of the fiscal health of where you live
painfully so. bracing for impact.

>>18335249
>life is a couple of weeks to going back to normal

Anon, I.....

>>18332723
if in one more month there's no looting i'll start worrying about having to go back to work. if not, we start hearing murmurs of ubi and automation and life is on easy street for the forseeable future.

Because Americans aren't mentally equiped to live through a recession

>>18342097
But you are, I'm sure. Let me guess.. secret bunker in he woods, canned food for 2 years, 50 guns, and ammo to match it, and a feeling of safety? You lil retard ^^

>>18342472
God I wish I had that stuff right now.

>>18335560
who didnt see government bailouts coming?

I dunno, but it’ll be much quicker

>>18342561
It will hopefully never be necessary in our lifetime.

>>18334490
Italy has extended their lockdown to May. The US will continue until June at the very least.

>>18342616
>The US will continue until June at the very least.

haha, no. NY maybe. That's it.

>>18342627
The virus doesn't care about borders. It is spreading throughout the entire US. Major population centers (that account for the vast majority of GDP) will be shutdown until June. Cope harder retard.

>>18342643
The virus was an excuse to make things happen and most of all make the plebs like you accept them in the future. You tell other people to cope you understand nothing yet

>>18342643
You dumb fucking retarded low iq faggot, do you know what Hyperledger is?

>>18336805
Hmmm it's almost like usury always leads to the economic meltdowns. If there was a only a guy that would ban this practice we might not have to deal with these fallouts every decade.

>>18342643
You pleb there, defend yourself now

>>18342854
take your meds

>>18343385
Oh what a weak excuse

>>18342854
How is this relevant to how long the US will remain shut down

this thread wiped out my gains for the day, thanks asshole

>>18343531
Fuck u! Listening to what I say you can generational wealth

>>18343572
click now

>>18343526
Easy... as far as stocks go, what do you do now? Pharma, Amazon, and so on... you don't need me to say that... as far as real estate goes, you do NOTHING. As far as crypto goes you go BTC , and Link, and ETH because the technology that will us all world wide will use all those 3

>>18336589
Money is a means to an end, and that end is complete control over the human populace via financial enslavement brought about by printing money to devalue the average American's assets, buying up those assets on the cheap when people sell them in order to be able to fucking eat for a month, and then paying for those assets with Treasury bonds, which in essence, means that the average person will PAY FOR THE ASSESTS THEY SOLD OFF TO SURVIVE IN THE FIRST PLACE again via taxation in order to pay off future interest.

It's a transfer of wealth via theft and fraud on a massive scale and nobody is doing anything about it.

>>18337261
This. The numbers going up don't matter if the purchasing power goes down the same percentage.

>>18341293
This guy gets it.

Money is a means to power. Power through control is the end goal.

>>18332723
Because they see Jews buying up all the cheap assets and think they're going to cash in too, even though they're too late now.

>>18333111
we're the best!

>>18333497
If aids or cholera had affected your calls you would have called them "just a flu".

>>18334586
> he thinks it's 1.5 meters
> ngmi
Don't forget to leave a treasure map to your coin keys for your surviving relatives with a bit more sense.

>>18341586
The FED is buying up the debt through purchasing Treasury bonds, essentially owning the assets that people defaulted their payments on in order to feed their families. To add insult to injury, because they purchased the debt through Treasury bonds, the people who they bought the assets from in the first place are essentially paying them twice because bonds are only considered a safe investment because they literally are paid for down the road by the American taxpayer.

"Highway robbery" doesn't do it justice. It's defrauding the American people on a national scale and at an institutional level.

>>18334968
This unironically

>>18335249
Corona has served up some of the most amazing narrative swaps. First it was the left/right divide, where first the right were scared of the virus and the left were calling them racist for it, then suddenly the virus was Trump's fault and overnight the right were downplaying the virus and the left were going full Armageddon.
For the second great flip, at the beginning it was the /pol/ hapooners and the /biz/ bobos going "just wait two weeks and you'll see calamity" but now it's the nothingburger crew going "just wait two more weeks bro, everything will be fine again for sure".

>>18333895
Even worse, unemployment pays more than what most of these wagies earn. How the fuck is a small business going to convince a wagie to work when they are clearing almost a $1000 a week without doing anything. And the extra $600 a week is going to last atleast another two months. That is if they don't extend it. Who the fuck is going to hire then?

>>18336044
You're not schizo, they are way smarter, you're just an overcompensating, freaked out brainlet.

>>18335913
I know quite a few people who stocked up on rice and bullets early. Guess what they also stocked up on? Toilet paper. You're the blue pilled one who has only lived a life with ample TP supplies, you have no idea what it will be like to go a year without it.

>>18340409
>i grow vegetables for a living anyway

Incredibly based

>>18336713
Did you notice that one of those lines isn't straight like the others?

>>18336988
Consider the other way around though. If society collapses completely, there is at least a possibility we could some bearish movements on the chart, although it's also possible the stock market has already completely decoupled from reality.

>>18337090
> religious people (jews, but others too) going to ceremonies during corona
In my book that's when being religious takes the step into mental illness. Before that it is mostly harmless delusion.

>>18337309
I think we'll see dow drop another 30% but I don't think we'll enter a depression due to the reasons currently being offered for why the market should recover already. The infrastructure stands, there will be pent up demand, so recovery will be reasonably quick, but we're not done correcting yet.

>>18332723
It's a mixture of cope and lack of basic math abilities.

>>18337724
The boomers cared about their fellow man too when they were young and dumb, anon. And you will also learn that life shits hard on he who doesn't remember to look after his own.

>>18333895
I got fired from a security job with a big company

>>18339335
No you said the governments overreacted, the poster you replied to implied they under-reacted. The thing you both agree on is that governments care more about markets than people, which is consistent with the under-reaction view but in conflict with your over-reaction view. Because you are too thick to consider the conflict-free under-reaction view, you look for something to resolve the mysterious conflict in your over-reaction view. Probably something involving aliens and/or jews.

>>18339474
So tell me anon, if SARS 1.0 went pandemic, would you think that a nothing burger too?

>>18340294
>governments worldwide have simultaneously acted completely illogically!
There is one more possibility: you being fucking wrong.

The Treasury now controls interest and money supply.

>>18340338
>you see what I am getting at?
Yes. Aliens, mind control, HAARP and NWO. Take your IQ boosters anon, you need them. Your whole schizo narrative hangs on the virus not being more dangerous than the flu and there being enough data already to reliably conclude that. You are wrong on at least one count.

>>18335680
Lmfao, stop lying. I live in NJ, right across the hudson from NYC.

Just realized I went to a liquor store dressed head to toe in black with a full face mask on and the teller didn't blink and eye.

>>18340816
Someone should ask him if he had the same attitude to SARS 1.0? Containment was a waste of time then too? That would be a bit more relevant than his opinion on the flu.

>>18342627
> haha, no. NY maybe. That's it.
You are right. Everyone else will be much longer, since they haven't even started with serious lockdowns yet.

>>18339969
its not

>>18334918
You saying economist are wrong thinking
We go back to normal soon or not?

>>18344139
4chan is contrarian by nature. The second a line of thinking becomes the approved view, people want to prove it wrong.

>>18333196
Honestly, "social distancing" probably didn't do a damn thing. They say Mardi gras caused the spread to be so bad which means it had to already be here by mid February. That means it allowed at least 3 weeks for the disease to spread since no one cared or knew until mid March. Take another week of people not caring and going out to beaches before official lockdowns too. This thing already got to everyone before we had a chance to slow down the spread. And yet...
Nothing. Burger.

>>18332738
US is in very good company. As long as the stock markets go up, nothing else matters, am I right?