/biz/ - Business & Finance

Jew York Times to support my claim which was written literally a week ago
www.nytimes.com/2020/05/28/business/unemployment-stock-market-coronavirus.html

These markets have exhausted me. I no longer feel anything. No more joy from gains. No more bobo posting to poke fun at bulls.
This is surreal posting.
They are going to reset the fucking currency system and they are manipulating facts right before our very eyes. Keep up the pressure. We need to. We don't believe in their fucking pussy ass ponzi scheme no more.

We live in the hyperreality

People get their beliefs from the world via social media feed
Economic data is a meme

The Chinese have been doing this for decades regarding economic data, the new paradigm is fake it until you make it everybody believes in the nonsense then it becomes true

1920: the market can stay irrational longer than you can stay solvent
2020: Rationality is a meme

Metals must catch up the over printed shit dollar if we're going to save anything of this Republic.
We need to boot out every single last politician and start over with sound money.

Because the first wave of industry opened back up you fucking retard

>>19542195
well that's fucking gay

>>19542239
>muh first wave
listen, you insufferable faggot, these jobs are not coming back. Even the ones being forced to come back to work are coming back to a gutted carcass of an industry. Retail, travel, service sector - all fucking dead on arrival.
Unless you can unfuck your pozzed liberal brain and remain a solvent nation with a 70% cumsoomer and service sector economy please be my fucking guest

>>19542257
Yup, they do it to shake anyone they can out of their assets by trying to bleed them out.

>>19542233
Should add what it was in November on there.

>>19542283

THEY LITERALLY ARE. Bars, hairstylists, gyms, restaurants, shit has opened back up and people are back out you stupid basement dweller. This is like level 0 observational ability and you’re failing.

people losing unemployment benefit = they are not unemployed anymore in statistic.s.

Same trick here in yurop.

>>19542111
they always manipulate the fuck out of the statistics. we saw it during the 2008 crash when they classified unemployed people as "discouraged" or "no longer seeking unemployment" to lower the commonly reported unemployment bucket.

>>19542345
There are not even 1/3 the amount of people going out and spending money then there were just 4 months ago, if things don't pick up fast then it will snowball in a bad way.

>>19542395
also, i'm a white collar professional in the great state of (((new jersey.))) i am on a 20% pay cut due to COVID19 and the unemployment office has been ignoring my unemployment request for the past 5 weeks. i am not reported as part of these statistics because they haven't even processed my claims, and even if they do i'm still not sure i would be counted anywhere. it's all a jewish lie.

Clearly we need more illegal immigration
The less white the better

>>19542345
goyim would rather donate to BLM than go out
they're all scared half to death
unless some magical money pot was gifted to them them that pays more than actually working then i doubt they would have any motivation going back to work at all!
Wait....

>>19542401

News to me. I get out and do stuff in the real world, bars are back to full and my hair cut had a 3 hour online check in.

>>19542493
>he thinks it's all going to go back to normal

>>19542345
>people are going out to spend money they dont have from being unemployed for 3 months
>BUSINESS IS BOOMING!

>>19542550
You know those pictures of people in Germany with wheel barrows full of Marks? Most people never did that since they saw the shitstorm coming and traded for better foreign money when they still could, as the inflation had been creeping up for a while. But teal boy over there? He's the guy holding a wheel barrow. Because nothing bad can never happen to him, and institutions are run by god-like beings who never fuck anything up, ever.

>>19542111
they stopped paying those people because their identity may have been stolen by a nigerian fraud ring
its all bullshit of course, they just want to delay sending the payments because unemployment doesnt have enough money to pay all these people so they are dragging their feet confirming identities on the shit UI websites

>>19542111
I can see war with China happening eventually. Think of how much economic damage they helped cause through their own incompetence/malice, tons of other countries probably really fucking hate them now.

>>19542889
Europe would ally with them just to undermine the US.

well here is the answer.

PPP loans pay for wages / jobs which would have been unemployed by now.

>>19542889
Lol okay dream more

>>19542167
Give up on trading, you obviously suck

>>19543221
人权

>>19543259
>being part of the problem
No thanks

>>19542808
Inderasting

>>19542139
>The Trump administration will not issue a midyear update to its economic forecasts this summer, breaking decades of tradition amid the uncertainty of a pandemic recession, officials confirmed on Thursday.
>The decision, first reported by The Washington Post, will spare the administration from having to reveal its internal projections for how deeply the recession will damage economic growth and how long the pain of high unemployment will persist.
Trusting the Jew York Times, kek

>>19542401
Vegas here, traffic is WAY up from last month. It's not fully back but considering how dependent our economy is on tourism (which is obviously way down), it's amazing.

>>19542808
Shit, that reminds me of when the German central bank requested their gold back from the US (we kept it for safe keeping during the cold war). We told them, 'Uh give me one second', then invaded Lybia, stole all the gold they had stored up for their new gold-backed Dinar and then suddenly we had gold on hand to repay the Germans.

And when they asked for their original manifest so that they could compare the serial number and confirm they had their bullion back, we told them we lost it.

>>19542195
where do I go for more of the hyperpill?

>>19543426
When did that happen? I know we've done similar before (Nixon shock in 1972 and McAdoo/Wilson closing the NYSE in 1914).

The Truth About Unemployment
https://www.youtube.com/watch?v=ZQZ1B4eAQX4

>>19542111
Why is this confusing? A lot of people aren't really unemployed in the sense of having cut ties with their employer, they're just getting paid from the govt to stay at home. Low wage businesses have even complained that their employees don't want to start again yet because they get more in covid unemployment benefits.

Once the 600 dollar program ends we'll know how many jobs are truly lost. Until then some of them are just furloughed employees being paid for by the govt.

>>19543447
Officially, we had virtually no involvement on the ground in Lybia, air support only alongside the French. Unofficially our special forces were reported in the region, and the timing of getting a gold request, fucking them up, and then paying it back with no serial manifest is too spooky to be accidental.

We also did this kind of shit to the gold Saddam had. It just up and vanished during the invasion. We also kept all the gold that Asians and Europeans sent to us prior to WW2 for bonds, then told them that their bonds weren't real and refused to honor them.

>>19542283
Everything will be open in a month sorry you fell for a literal scam hope it smartens you up

>>19543588
Buy silver you say?

>>19544237
That's what this guy says, and I'm honestly starting to habeeb that JPM was a ghost buyer for silver for the federal government. See pic rel. Its pretty crazy, but it would be an off-ramp for the US if they hyperinflated the dollar, then immediately introduced a new metal backed money.

>>19544557
>>19543588
ok, a super tanker harem is out of possibilities, but what is a non meme amount (current dollars) that 1 oz of silver could be worth.

>>19542493
>>19543404
That's because the quarantine lift is still fresh.

>>19542889
Supposed to happen by 2050.

>>19542889
let´s see. I still thing this is all a hoax and all countries are in on it.

>>19543437
Jean Baudrillard

>>19543437
>>19544963
Also,
>a great Empire created a map that was so detailed it was as large as the Empire itself. The actual map was expanded and destroyed as the Empire itself conquered or lost territory. When the Empire crumbled, all that was left was the map. It is conversely the map that people live in, the simulation of reality where the people of Empire spend their lives ensuring their place in the representation is properly circumscribed and detailed by the map-makers; conversely, it is reality that is crumbling away from disuse."
Basically, stonks only go up lmao

>>19543588
>>19544557
damn, that's pretty interesting.
Anyone knows who this anon is?

>>19544557
He keeps forgetting the part where the government fucks you in the end, and the harem of lolis is actually a harem of prison inmates (you would be in their harem, technically).