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/biz/ - Business & Finance


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26409175 No.26409175 [Reply] [Original]

How fucked is the economy gonna be when covid ends? Will we be in a worse spot than the great depression where poverty will reach an all time high in first world countries? What do you guys think?

>> No.26409227

>>26409175
>when covid ends
Oh sweaty no...

>> No.26409243

>>26409175
>The basement economy will surge.
>Urine bottles will become the new gold.
>Gangs of incels will lurk into abandoned cities searching for chads to rape.
>Sergay will uncover phase 5 of the betrayal (it has 216 phases)

>> No.26409286

>>26409175
>end
he doesn’t know

>> No.26409300

The economy won’t reach that point. They won’t let it. It would hurt billionaires too much.

>> No.26409301

>>26409175
>he thinks it's going to end

>> No.26409303

>>26409227
>>26409286
Okay then why do YOU think covid wont end then. What's your proof?

>> No.26409319
File: 45 KB, 569x510, E74DF048-AA78-4533-8994-15416678E2C4.jpg [View same] [iqdb] [saucenao] [google]
26409319

>>26409227
B-but..

>> No.26409324

>>26409175
Only ((They)) know. It is planned pandemic.

>> No.26409404

>>26409303
The virus will end. The docial distancing,masks,mandates on crowds, gatherings will never end. And you will be required to have proof of vaccination for any travel

>> No.26409413

Not gonna lie, part of me thinks this was like a test run or failed attempt to drop human numbers down.

I read about some food corporation that created corn that could make you sterile. Why the fuck would anyone do this?

>> No.26409436

rich people get richer
poor people get poorer
the economy never really recovered after 2008

>> No.26409525

>>26409413
Too much internet for you

>> No.26409562

>>26409303
Because it keeps mutating

>> No.26409676

>>26409303
Medfag here.
Coronaviruses are the viruses with the fastest mutation rate.
The common cold (you know the most ubiquitous disease in the world since forever) is a coronavirus itself.

This virus isn't going away for years, right now the belief is that the RNA vaccine will protect people against new strains and they can update it every 6 months to match them but even if it's true there is no way you can vassinate 7 billions people every year.

It's the new normal.
You can thank the chinese for releasing a literal bioweapon btw.

>> No.26409693
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26409693

>>26409525
Kike

>> No.26409791

>>26409243
You jest but the kind of recluse lifestyle NEETs are familiar with is becoming mainstream with lockdown.
Bars, restaurants and nightclubs were the cornerstone of normalfags free time, remove it and they're now all spending their days in front of a screen.

>> No.26409797

>>26409676
>You can thank the chinese for releasing a literal bioweapon btw.
no you can thank our politicians for being retarded and slaves to globohomo
corona virus is literally just the flu, this is all a smokescreen to crush the middleclass and transfer wealth to billionaire tech oligarchs. people are retarded enough to go along with this hoax so thtas what we got now

>> No.26409802

>>26409693
Take your meds shizo

>> No.26409953
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26409953

You will be poor, own nothing, be pumped full of goyfeed and pornography, alone, and be happier than ever before.

>> No.26409987

>>26409175
There will be a mini boom, if you're well positioned in the right markets you can make a fortune.

>> No.26410157

>>26409802
isn't it shabbat right now for you?

>> No.26410502

>>26409797
>crush the middleclass and transfer wealth to billionaire
except this is probably the first time ever that the middle class is outperforming every billionaire. The middle class is fucking 2-10x'ing their wealth with useless tech stocks and even more useless shitcoins

>> No.26410673

>>26409987
Elaborate please

>> No.26410687

>middle class... useless tech stocks
Who do you think owns the tech companies? Hint, it’s not middle class people.

>> No.26410717

>>26410502
such a low IQ statement

>> No.26410737

>>26410502
Retard

>> No.26410840

>>26410717
>>26410737
>t. sold the bottom in the corona crash

>> No.26410860

>>26410502
>wowza number go up!
>meanwhile all small businesses are dead

>> No.26410898

>>26409791
Yes, this makes me kek a lot

>> No.26411094

>>26410860
>muh small business
either it will reopen, someone else will open a better business, or the business was not supposed to exist in the first place

>> No.26411230

>>26411094
Wrong, once the government fucks you up like that you'll be hesitant to become a business owner again. And reopening a closed business is not as easy as you think.

>> No.26411247

>>26409175
its never gonna end

>> No.26411268

People are becoming more reliant on gibs

>> No.26411292

>>26410840
Show me a historical graph of wealth divided by class

>> No.26411319

>>26409175
They’re predicting the greatest economic boom in history

>> No.26411344

>>26409676
Uh, you’re def not a med fag. Covid has a very unique spike protein that’s unlikely to mutate. The vaccine will be as effective as polio’s. It’s just that we might have to get the vaccine every year or something.

>> No.26411377

>>26411094
>The government shut down your business.
>It goes bankrupt.
>I gUeSs It JuSt WaSn’T a GoOd BuSiNeSs.
>mfw

>> No.26411396

>>26409300
Bullshit. The money transfers from the middle class to the billionaire class. Look how much money Bezos et al made in 2020 alone.

>> No.26411406

>>26411344
How the fuck is the vaccine effective if it has to be redeveloped every year? Polio vaccine is a one and done thing. You must be baiting.

>> No.26411509

>>26411094
Lmao what a retard

>> No.26411527

>>26409676
>Med fag here
>Common cold is a corona virus
>Vassinate

Your are obviously fake.

This is a good reminder to all of us when reading stuff from these boards.

>> No.26411552

>>26409676
SARS CoV 2 does not mutate quickly

>> No.26411554

>>26411377
the strong survive

>> No.26411613

>>26409175
We are fucked for the next 5-10 years at least and thats only based on the fact that more and more transport ships get scrapped every day to fuel chinas growing need for steel.
>>26409243
Kek and 216pilled

>> No.26411644

>>26411230
>>26411377
>>26411509
the definition of entrepreneur
>a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so

This is one of those risks. If you want to be a business owner then you accept the risk and when something like this happens you are prepared for it. Stop fucking whining and start adjusting to the reality. It is supposed to be high risk and high reward. If you can't take it or your shitty business can't survive then just go be a fucking wagecuck and shut up.


>>26411396
>bezos
like 90% of biz neets made higher percentage gains than Bezos and his friends

>> No.26411653

>>26411552
All corona virus does. There is no vaccine. Just a gene therapy by mRNA that makes you more able to withstand symptoms

>> No.26411658

>>26411344
they've verified new strains (mutations) days ago, you're retarded stop talkig

>> No.26411710

>>26409175
Covid won't end. Simple as. Notice how we are being prepped for the 'new normality'? This won't go away. You can try and make it now, and save yourself. If you don't have the financial means to do whatever you want, you will be screwed.

>> No.26411740

>>26411396
Are you aware of what happened to the stock market during the Great Depression? It went down by 80% and didn’t fully recover for another 20 years. They will not allow that to happen again.

>> No.26411773

>>26411377
>mfw
What face, newfag?

>> No.26411791

>>26411710
Lol, so tourism as an industry is just going to die? I don't think so.

>> No.26411825

>>26411644
>If you want to be a business owner then you accept the risk and when something like this happens
By something like this you mean when the government only allows big businesses to stay up?

>biz neets made higher percentage gains than Bezos and his friends
biz neets are not representative for middle class, retard.

>> No.26411841

>>26411791
It won't die. It will be a whole lot different though. And trouble.

>> No.26411857

>>26411406
Nigga look up flu vaccines
People have to take them once a year... and since y'all be insisting "it's just a flu" it only makes sense that folks have to take the covid vaccine once a year

>> No.26411864

>>26411791
You realize that the biggest cruise ship company in the world, is as we speak selling perfectly fine cruise liner ships for scrap metal value?

>> No.26411879

>>26409693
Holy fuck. Is this true?

>> No.26411907

>covid wont end
Lmao you actually think people are gonna just sit down and live like this forever? Things will get much better by the end of the year due to the vaccine

>> No.26411912

>>26411740
They weren't running money printer nonstop in the great depression. Adjusted for money printer, the stock market is down double digits.

>> No.26411940

>>26411879
If only there was some sort of network of computers you could use to look up freely available information.

But yes , it is true.

>> No.26411947

>>26409324

Well whoever planned it is doing a shit job, it's not even that deadly...

>> No.26411967

>>26411907
Nope, there will be new mutations on the monthly now, if not weekly. This keeps going. Whether we want to or not.

>> No.26411998

>>26411912
I wish this was true

>> No.26412070
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26412070

>>26411967
Sounds like you haven’t done a lick of research. Doctors have said the current vaccine will protect against it.
>NOOO BUT THE CNN ARTICLE SAID NEW STRAIN AHHHHH NOOOO Typical brainlet

>> No.26412096

>>26411998
And regardless, the stock market isn't a good indicator of economic health. it's a good indicator of the wealth of the elites. Half of all restaurants in the USA have closed or are closing. This doesn't affect the stock market because Pam's Country Kitchen isn't publicly traded.

>> No.26412102
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26412102

They have an agenda.

Oh and BTW, only 400 people aged under 60 died of "Covid-19" in Britain throughout the entirety of 2020. Many countries have taken no non-medical public health measures, countries as disparate as Finland, Armenia and Belarus, and they're doing fine.

Our evil authorities have taken this funny virus and turned it into a catastrophe.

The masks, poverty and isolation are here to stay. The mass abuse of children is here to stay. I suggest you plan likewise.

>> No.26412125

>>26410502
Lol ya billionaires don't invest, and even if they did they couldn't possibly be as shrewd about it as your average normie!

>> No.26412142

>>26412070
Right... you will see.

>> No.26412203

>>26412142
Make sure to wear two masks when you're outside

>> No.26412308

>>26412102
> I suggest you plan likewise
So we should all plan to shut down small businesses and abuse children? Or do you mean 'plan accordingly'.

>> No.26412409

>>26412308
Small businesses are and have been shutting down left and right world wide. This is just the beginning.

>> No.26412489

Wealth disparity is insane now

Wage cucks are broke as fuck or smug about small gains, white collar investors EASILY quadrupled their networth last year

I made 1.2m playing the markets. And crypto, but I think markets are coming back down to reality soon

>> No.26412510

Seems like their DDIM tokenomic shows good results

>> No.26412559

>>26412510
based carefree bot

>> No.26412562
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26412562

>>26409175

>How fucked is the economy gonna be when covid ends?

It is never going to end, that isn't the plan.

Buy physical silver.

>> No.26412568

>>26409227
they're going to declare victory in March and move on.

>> No.26412599

>>26412489
Markets? No. The markets will keep booming, making it even less possibly for the average Joe to be able to amass any wealth whatsoever. The future is clear. And it is ours to take.

>> No.26412686

>>26409791
This is literally how I got into crypto. 10 months without a consistent 'social life' consisting of bars and pubs every weekend. I got into running, lifting and painting. Probably seen close friends half a dozen times since March.

And I've never felt happier.

>> No.26412689

i think the theme of the next few years is that people without assets will get fucked.

fiat money will keep losing value, asset prices will inflate, if you don't have assets you'll be left behind

>> No.26412832

>>26412409
Is anyone on here literate? Fuck you people are retarded...

>> No.26412922

>>26409175
People who are self-employed, poor people, low-end wagies etc. will (continue to) get fucked over.
People who work for large corporations, government and/ or are wealthy will do just fine. Perhaps even better than before.

>> No.26412972

>>26409175
Minimum wage goes back down right? Oh n-

>> No.26413057

>>26410502
Most middle class wagies don’t have much invested in the markets. And they’re highly dependent on their jobs.

The exact opposite is true for billionaires.

>> No.26413069
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26413069

>>26412562
>the worlds fucked dude just buy silver lmao
if you actually think this is going to happen you should be buying guns/ammo/canned food and figuring out where to move if you live anywhere close to other people.

>> No.26413128

>>26409175
worse, much worse.The great depression was caused by an 8% shrink in the economy. This shutdown has caused a 35% shrink and is being propped up by literal monopoly money (60% of ALL FIAT USD EVER printed was done in the LAST 12 MONTHS)

>> No.26413142

>>26409404
Just go to shitty cheap countries anon. We forgot about corona months ago. Pubs, clubs, restaurants, cinemas and even minor concerts are up again

>> No.26413166

>>26413142
What countries?

>> No.26413206

>>26409953
im expecting a we happy few type of pill in the future. we will all be 100% under control

>> No.26413217

>>26410840
He’s right. Your statement shows that you’re completely out of touch with reality.
Most of the middle class aren’t all in on meme tech stocks, Bitcoin or bought the Corona dip. Some were forced to sell a lot of assets because they lost their jobs.

>> No.26413228
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26413228

>>26413128
>60% of ALL FIAT USD EVER printed was done in the LAST 12 MONTHS)
Got a source for that, friend?

>> No.26413415

>>26413228
Just Google it you dimwit

>> No.26413462
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26413462

>>26409303
See pic related.

It's a year later and we are STILL living under house arrest. Now they are talking about more deadly variations.

They've only vaccinated about 10% of the population. By the time they are done they will say "okay now we need everyone to get the new vaccine for the new strain of Covid". Everyone will continue to socially distance, etc, etc - as we can't be sure who's had what vaccine and is spreading what.

This shit is here to stay.

>> No.26413500

>>26410502
Lol what a midwit.

>STONK GO UP ECONOMY GOOD HURRRRR

>> No.26413808

>>26413206

In the year 2525
If man is still alive
If woman can survive
They may find:

In the year 3535
Ain't gonna need to tell the truth, tell no lies
Everything you think, do, and say
Is in the pill you took today

In the year 4545
Ain't gonna need your teeth, won't need your eyes
You won't find a thing to chew
Nobody's gonna look at you

In the year 5555
Your arms are hanging limp at your sides
Your legs got nothing to do
Some machine is doing that for you

In the year 6565
Ain't gonna need no husband, won't need no wife
You'll pick your son, pick your daughter too
From the bottom of a long glass tube'

In the year 7510
If God's a-comin' he ought to make it by then
Maybe he'll look around himself and say
Guess it's time for the Judgement day

In the year 8510
God is gonna shake his mighty head then
He'll either say I'm pleased where man has been
Or tear it down and start again

In the year 9595
I'm kinda wondering if man is gonna be alive
He's taken everything this old earth can give
And he ain't put back nothing
Now it's been 10, 000 years
Man has cried a billion tears
For what he never knew
Now man's reign is through

But through eternal night
The twinkling of starlight
So very far away
Maybe it's only yesterday

- Zager & Evans 'In the year 2525'

>> No.26413874

>>26410502
Based retard

>> No.26414398

>>26413069
Fuckin' eh right

>> No.26414553

>>26413415
Onus is on you, having made the claim cite your source.

>> No.26414625

>>26414553
https://fred.stlouisfed.org/series/M1

Here you go retard. How hard is it to use Google?

>> No.26414676

>>26413462
its 98.6% survival for men over 60 vs the original 99%, but they fud with 30% more deadly headlines

>> No.26414781

>>26409175
WE haven't reached the point where people are being evicted.
ALOT of people haven't paid one penny in rent since April 2020. There is a stay of evictions in force right now.
When the stay ends comes, the landlords can evict. The people will have to pay 1 year in rent to stay. Once they are evicted, good luck getting another rental or a mortgage.
It will be apocalyptic. I know the largest rental company in a VERY large US city and the head of it told me that they are looking at 40% evictions in some of their complexes.

>> No.26414893

>>26414553
Shut the fuck up, nerd. It's super easy to look up.

>> No.26414939

>>26414781
There might be a fucking revolution if that happens (or not)

>> No.26415112

>>26414781
when are the evictions gonna start?

>> No.26415195

>>26415112
They are not sure. They were SUPPOSED to START January 1st but they moratorium was extended for 1 month. The point is, at some point people will have to pay rent or be out on their butts. Imagine having 12 or 13 NON payments on your credit report. On top of that if you have ever had an eviction, good luck renting again.

>> No.26415318

>>26409987
We are already in the mini boom right now.

>> No.26415428

>>26409175
we are past depression levels you fucking retard wake up

>> No.26415451

>>26409303
https://api.nationalgeographic.com/distribution/public/amp/science/2021/01/covid-19-will-likely-be-with-us-forever-heres-how-well-live-with-it

https://api.nationalgeographic.com/distribution/public/amp/science/2021/01/covid-19-will-likely-be-with-us-forever-heres-how-well-live-with-it

https://api.nationalgeographic.com/distribution/public/amp/science/2021/01/covid-19-will-likely-be-with-us-forever-heres-how-well-live-with-it

>> No.26415520

>>26415195
Totally won't cause civil unrest

>> No.26415611

>>26409175
USD is over - Fedcoin will come - hand in hand with nopriv coins
need more privacy coin and pm for blackmarket

>> No.26415842

Apparently QE is ending on April 27th of this year. Any high IQ anons know how this would affect the stock market? I’m thinking that it might go flat, but I’m sure that’s oversimplifying it.

>> No.26415885

>>26415842
qe can never end. its over

>> No.26415896

>>26415842
>Apparently QE is ending on April 27th of this year
Explain?

>> No.26416082
File: 157 KB, 1242x1318, 140A8B97-764B-40B6-BEB9-BC158B8C0513.jpg [View same] [iqdb] [saucenao] [google]
26416082

>>26414939
Sure thing, chief

>> No.26416125

>>26415885
>>26415896
https://moneyweek.com/17112/what-happens-when-quantitative-easing-qe-ends-53425

>> No.26416356

>>26416125
>22 APR 2011
anon i...

>> No.26416423

>>26415842
QE will never end. Just look at the 'taper tantrum' - they didn't even try to offload anything from their balance sheet, but just stop NEW QE purchases, and the bond market shit itself.

If they even pause QE, then the stock market will collapse, and probably the entire financial system. It's never going to happen.

>> No.26416561

>>26416423
but if they go on the dollar will collapse.... hmmm no easy choice here but to STACK ON

>> No.26416686

>>26416561
>but if they go on the dollar will collapse

It already is.

People look too much at the dollar index, but this is just the comparison against other FIAT.

People wonder why crypto / houses / stocks are going up so much. The answer is that fiat is increasingly worthless. The "official" inflation numbers don't take into account asset price inflation.

>> No.26416763

>>26416686
as long as physical metal is cheap like this.... nah i give the usd maybe until the end of this month.

>> No.26416770

>>26416356
Looks like Jewgle fucked me again. What a shitty search engine.

>> No.26417368

>>26410502
From my recent experience stocks are very frustrating for me. I tried to strike it rich with weed stocks last 2 weeks. I bought TLRY at 14.5 I got thrilled when it went up to 22, but it went down to 18, I sold at stop loss of 20.50, TLRY went up to 20.60 and I thought it went past pivot point but then it crashed to 17.

I thought I was doing one of those 2-10 times wealth stocks and ended up making only like 20% overall. Meanwhile I had to watch GME and PLTR do insane runs, all those stupid car stonks keep flying.

Its not as easy as people think, you need to commit to a path, if your path doesn't end up being right, you miss out on that theoretical 10x. I didn't have 6K in the bank to buy a bitcoin in March.

>> No.26417471

>>26410502
have you ever interacted with someone in real life? do you really think the broader "middle class" is invested in the stock market? at best they're dumping 3% of their gross wagepittance into a 401k.

>> No.26417475
File: 77 KB, 645x1000, 1611419392813.jpg [View same] [iqdb] [saucenao] [google]
26417475

>>26409797
>corona virus is literally just the flu
Its worse than the flu retard

>, this is all a smokescreen to crush the middleclass and transfer wealth to billionaire tech oligarchs

Where the FUCK have you been? This has been happening since the 80s, just replace tech oligarchs with oil, resources, consumables or whatever the fuck you want.

>> No.26417562

>>26410502
Buy link now or forever poor

>> No.26417635

>>26417475
>its worse than the flu retard

ok how

>> No.26417813

>>26417368
>I didn't have 6K in the bank to buy a bitcoin in March.
Based retard

>> No.26417865

>>26409413
No, covid is fake and gay. If this was a test for anything it was how much control the (((establishment))) has over the minds of the goyim. The lunacy is mind boggling, nobody cares about the facts. Literally 99% of the population are wearing cheap Chinese masks thinking it protects them. Covid 19 proves we live in a doomed world of nigger cattle, that the Jews have won and the only way things will ever get better is a reset that destroys 99.99% of the world’s population, the 00.01% surviving being the strongest.

>> No.26418170

>>26411527
lol thank you

>> No.26418199

>>26417475
How much worse?

>> No.26418261

>>26416082
Yeah because 40% of renters are just going to get evicted immediately without resistance.

>> No.26419010

>>26417368
You know with crypto you can just DCA in right? Like, you don't have to buy a "full coin". You can just put what money you can into it and you'll still make profit.

>> No.26419063

>>26409175
Chinese economy will be just fine, don't worry about it. You ARE asking about Chinese economy right? It is 2021

>> No.26419095

>>26411644
Said the kulak

>> No.26419203

>>26409227
>>26409286
>>26409301
These are the same people that are refusing to vaccinate
Take your meds

>> No.26419330

>>26412142
Kys filthy kike

>> No.26419782
File: 519 KB, 628x834, 1 year supply 1500 cal a day.jpg [View same] [iqdb] [saucenao] [google]
26419782

>>26419063
You mean the country that was desperately scrambling to buy any and all food from abroad since they lost 2 harvests to weather, endured massive locust swarms, disease culls on pigs, chickens, and ducks, as well as dumped feet of heavy metal laden silt on their most fertile land to save the worlds dumbest vanity project? That China? The one with no grain storage, that needs to have an entirely different currency for foreign trade (Yuan) because the internal currency (RMB) is completely bullshit, that backed billions in RE loans with gold foiled copper?

>>26416686
>>26416561
QE can never end, because real rates cannot be allowed to rise to the point that money exits stocks to get into bonds. The printer will continue to run and stocks will continue to see new ATHs in USD, while falling relative to any real assets. China or Russia will not introduce PM/commodity backed money before the US does, simply because it lets them buy more real things for fake money. Why would they be in a rush to spend palladium to get nice things when they can spend USD instead?

There will be no mass evictions simply because there is no mass of renters looking to take over a lease in February. The demand for off cycle rentals isn't there, and property owners will either negotiate a payment plan and get some money back, or throw a tantrum and get no money as their property sits idle. Shouldn't have leveraged yourself up to your eyeballs buying rentals, boomer barry. Now you get to embrace a negative economic outcome for the first time in your 79 years on the planet.

>> No.26420596
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26420596

Also, the is an argument to be made that COVID is just an extremely convenient excuse for the controlled demolition of an economy that was impossible to deleverage. In a slow collapse, players in the know can snap up things of value before they're valuable over several months. In a freefall depression, they can't consolidate nearly as much control. Even letting 4 plebs buy farms for the cheap in Weimar Germany is too much to let go for these people

>> No.26420830

>>26414939
There will never be another revolution, people care more about the latest iPhone or what their friend is posting on social media or what to watch on Netflix.