/biz/ - Business & Finance

> Twitter post with no citation.
Nah, not buying it. Nice slide thread, tho.

>>49617189
>use wealth effect like the anglo countries have been doing for 25 years
>destroy the cheap credit the assets creating wealth effect were depending on
Yeah that asshole's data might as well be from a decade ago given the moves we've seen in credit prices.
Who knows if this is enough to save us from being at zero for so long.

>>49617189
how do they say this shit with a straight face. Literally everyone know they are lying

>>49617486

>>49617189
>trusting a kike

>Consumers are spendings lots of money!
>Please don't mention it all goes to shrinkflated goods and expensive utilities
>Loans and credit are increasing to cover the gaps in what the middle class can afford
Impressive. Let's see the savings rates

>>49617486
The "recession" is already priced in because all you morons already think it's here. What exactly do you think will cause a massive drop? We'll have a slow bleed for a couple more months.

>>49617189
Translation,
>People are going deeper into debt to keep up and that's good for us.
Also there is little to no new productivity to back it all up.

>>49617189
>experts say

>>49617189
Of course I’m spending a lot of money, once this shit rocket kicks off I’ll be trading a bag of rice for a mansion.
>massive inflation
>better hold onto my 100k so I can one day next year buy a bag of beans
Fuck no nigga, I got enough beans to outlast two depressions.

>>49617674
The debt marketing collapse which is presently occuring as we speak. Excited for CBDC?

N

>>49619227
I

>>49619291
G

>>49619401
G

>>49619478
E

>>49619534
R

Racism is bad.

>>49619557
S

>>49619227
>>49619291
>>49619401
>>49619478
>>49619534
>>49619557

>>49617309
this could be said about all the post on /biz/

lmao

>>49619227
>>49619291
>>49619401
>>49619478
>>49619534
>>49619557

>>49619566

>>49617189
>credit card growth this quarter has been pretty good
>May 2022: credit card debt nears all time highs

No problems here.

>>49619227
>>49619291
>>49619401
>>49619478
>>49619534
>>49619557
Beautiful.

>>49617189

except they are just spending on gas and food now and don't have extra income for iphones and fake internet coins

>>49617189
Imagine believing this it must be nice to be an NPC in some ways

>>49617189
Also the banks were saying the same shit before the last time things went sideways.

>>49617674
>The "recession" is already priced in
retard

>Consumers are spending the inflated money we pump into the economy
Not like they are going to put it in a bank LMAO fucking moron

>>49619213
Just think- all of those guys were only 19 years old.

>>49617486
Ameritards need to learn what things getting bad is. Wages are too high in America, I literally struggle to believe how you can live here and not have enough money for rent, food and saving unless you're blowing it all on retarded shit. People have enough money to live comfortably even with all the inflation.

>>49617674

THERE ARE NO COALITION TANKS IN BAGHDAD....

>>49617189
>american consumers
>in great shape

>>49619557

>>49619227
>>49619291
>>49619401
>>49619478
>>49619534
>>49619557

I will say that stores and restaurants are still full and Americans definitely aren't feeling a full recession. However, if it keeps crashing we're not far off.

>>49619227
>>49619291
>>49619401
>>49619478
>>49619534
>>49619557
Good work, boys.

>>49617189
>people have more debt in an inflationary economy
>this is good
Exactly how Jewish do you need to be to work for the Bank of America?

>>49617674
Interest rate moves are never priced in.

>>49617189
>pretty good
>very strong
>great shape
>reasonably good
Yeah, things are fucked.

>>49619227
>>49619291
>>49619401
>>49619478
>>49619534
>>49619557
y-your honor, there was no way anyone c-could have guessed what other anonymous users of this website would type when my client typed that fateful "N".

>>49619227
>>49619291
>>49619401
>>49619478
>>49619534
>>49619557
These are the best 6 posts I've ever seen on /biz/

>>49617486
Well it's just true; the problem isn't that people aren't buying shit, it's that companies can't provide the products fast enough due to supply chain issues.

What do you call this?

>>49617189
Check the consumer credit chart

>>49617189

>>49619227
>>49619291
>>49619401
>>49619478
>>49619534
>>49619557
witnessed

>>49617189
I dont get it why is it green texted?

In other news this otm puts i bought back in January are giga in the money. Hey op you and your cronies gonna pump spy by $75 to make me lose all the gains I havent cashed out? Remeber itll be a massive loss if you do because the normies will take that exit pump and my short term calls will generate a nice sum to buy more far out puts

Ciao

>>49617309
This guy's great. He's my bull thesis provider.

>>49619227
>>49619291
>>49619401
>>49619478
>>49619534
>>49619557
OOOOOOOOOOOO9 IT WAS ACTUALLY SUCCESSFULLY POSTED!

Put me in the screencap

>>49619227
>>49619291
>>49619401
>>49619478
>>49619534
>>49619557
Five anons in perfect harmony. Beautiful work.

>>49625365
Nevermind. SIX

>>49619227
>>49619291
>>49619401
>>49619478
>>49619534
>>49619557

>>49619227
>>49619291
>>49619401
>>49619478
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>>49619557
outstanding
might be the only time i've ever seen this work

>>49617660
>what savings, you mean debt, right?

>>49617309
Fpbp
Jannies clean it up.

>>49619227
>>49619291
>>49619401
>>49619478
>>49619534
>>49619557
IMA FINNA A CHIMPOUT ON DEEZE RAYCEST WEBSITE

>>49617674
>The "recession" is already priced in because all you morons already think it's here.
If you think the common bizraeli influences the price of anything you are a retard. Muh "priced in" faggotry is taking that big bank dick for no real reason other than your asshole is worthless and "priced in".

>>49619227
>>49619291
>>49619401
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>>49619557
d-does this save the market bros?

>>49617660
you ok US? youre sweating

>>49617660
No can do, I got an 8.30 res at the FED

>personal savings rate cratered, below precovid pump
>inflation soaring
Guys I have to spend so much of my paycheck to not starve, isn't that GREAT for economy?

>>49617189
Yeah same shit was said right before 2008 crash. This time it's going to be much worse.

>>49619227
>>49619291
>>49619401
>>49619478
>>49619534
>>49619557
How??!

>>49619227
>>49619291
>>49619401
>>49619478
>>49619534
>>49619557
based

>>49621947
Yup, stores and restaurants are still full of fucking people everywhere. Can't wait for the real recession so they can all fuck off

>>49625018
>the problem isn't that people aren't buying shit, it's that companies can't provide the products fast enough
Dumbest thing said on /biz/ maybe ever.
Shows TOTAL ignorance of any reality on the ground.
Their is a total glut of everything.
I'm sitting on, and the larger companies I work with, entire warehouses full of shit.
I am a podunk moron and have 80,000 sqft of warehouse full of goods.
The company I get most of it from DESTROYS millions of pieces last year and to this day to keep the glut of goods from becoming absolutely ridiculous.

>>49617660
Exactly, these Fake MSM articles are bullshit: https://www.bloomberg.com/news/articles/2022-05-27/us-savings-rate-drops-to-lowest-since-2008-as-inflation-bites

>>49621947
>>49629744
This is an illusion because you live in an urban shithole and there are too many of you.
>stores are full
Do you see their carts full? Or are they just there?
Do ANY of you actually do sales?

>>49617660
KEK

>>49629971
>Dumbest thing said on /biz/ maybe ever.
lol it's the literal reality.
Try to buy bike components, cars, GPU cards, fucking lumber, ...
All have/had supply bottlenecks sending their prices sky high.

Stop huffing the bearium.

>>49617486
They’ve got away with lying about the health of western economies for about 3 decades despite everyone realizing the United States is entirely dependent on foreign countries for fuel and materials and tangible products.

I believe a collapse in the economy is entirely possible but I also think just as likely that investors and consumers are so absolutely fucking retarded that they can continue inflating the bubble for the conceivable future

>>49617674
No it is not because Biden admin is faking the numbers. Look at the backlog at the ports and you'll see what is not counted in the official numbers this quarter. They are doing everything they can to keep GDP positive this quarter. The problem is that all the bad numbers are moving into the next quarter.

>>49630047
Lumber is everywhere and just has a high price.
I see huge enormous stacks every day.
>chip shortage
>extrapolates to cars and bikes
Yea, one thing.
I deal in closeouts and liquidations as a business young lad.
There are TRAILER LOADS of HomeGoods furniture for basically FREE if you will pay for them to haul it to you.
I saw a liquidation of brand new HomeGoods furniture go for $230 + cost of freight a couple weeks ago.

Goods are flooded everywhere, warehouses are overflowing, no one has money to buy them.
Except me and I'll sell it all over the next decade or so.
Get a clue, get a big building, start stacking cheap goods.
They'll never be this cheap again.

>>49630170
>Lumber is everywhere and just has a high price.
I don't know if you realize this, but virtually the entire world had lockdowns.
That means heavily reduced export and import of lumber, lumberjacks/sawmillers/transporters/... being forced to stay at home, etc.
This is what sent lumber skyrocketing.

>chip shortage
>extrapolates to cars and bikes
The bikes have nothing to do with chip shortages, it's purely down to production and supply chain bottlenecks.

It's like you were in a coma the past two years.

>>49630047
>>49630170
Same goes for Amazon goods and HomeDepot/Lowe's goods.
Trailer loads of 24 pallets of new saws, drills, etc. for $2,000 average price + freight.
No one can store it!

I just bought 100,000 pieces of brand new packaged Hillman Hardware for $12,000 delivered.
Stuff like the top of pic related they charge $2.29+ for.

>>49617486
>He bought the narrative...
Ngmi>>49617592

>>49617486
Those retards really think we are going to give them exit liquidity. Hitler was right.

>>49630214
kek
What REAL business are you in?
I import over 1 million a year and have a nationally known, but small, brand.
I throw around $25,000 daily and don't think about it.
What do you do that makes you know ANYTHING?
Because you sound retarded.
I made an absolute massive amount of money during lockdowns because of my business predicament.

>>49630254
>What REAL business are you in?
How does that change the fact that cars, bike parts, GPUs, lumber, wheat, oil, gas, ... skyrocketed in price entirely due to supply chain issues caused by lockdowns?

>>49619227
>>49619291
>>49619401
>>49619478
>>49619534
>>49619557
biz really comes together in a bear market

dang bro, economy must be doing well. never mind most people being objectively worse off and things not being available, a literal blue checkmark who said so on twitter so it must be true!

>>49630289
>caused by lockdowns?
and the war of course.

>>49619227
>>49619291
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>>49619478
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>>49619557
based, we can prevail against everything, including their attacks on individual free speech.

>>49617189
>ignore your eyes and ears goyim

>>49630170
lumber prices crashed tho

>>49630395
Same with semiconductor prices to a degree.
But they spiked in price due to supply chain bottlenecks from the lockdowns.

Can confirm that the lumberyards are stacked to the hilt, but I live in a state that produces a lot of lumber so.. who knows.

>>49630395
Lumber is a great indictator for an upcoming crash. If the demand for lumber crashes you can safely assume that the demand for real estate will crash a few weeks later. So if lumber prices crash in a fucked up supply chain environment... guess what that means?!

>>49630442
Supply chains are picking up again since lockdowns are largely a thing of the past (except for key Chinese port cities recently).
The current supply chain obstruction is the Ukrainian war, and it's a big one.

>>49630464
Don't get too excited, the recent price drop has more to do with the global financial market meltdown than demand.

>>49628317

Audibly kekd

>>49617189
this is an indicator of how bad things are about to become. they have to post shit like this on social media to keep the sheep calm

>>49630289
So now they are up in price and not unavailable??
This is my point. You are just spouting.
Prices are up. Products exist except a few CONTRIVED shortages.

You also don't understand how strong deflationary pressures are. People need money and see immediate cash as very valuable. Prices drop at the wholesale level.
Go to estate sales or something similar that a small time dude like yourself can observe.
Prices are flooring if you aren't buying full retail like a moron.

There is an entire mechanism at play.
Shit is everywhere, overflowing. This includes oil.

>>49630395
Well I haven't priced lumber in the last six months, it's not my business.
The other dude was saying there was a SHORTAGE was the point I was arguing against.
I should have left the price part off because it was irrelevant as well as old news.

>>49630582
>So now they are up in price and not unavailable??
What?
Supply chains are picking up, but in general nowhere near the level of availability pre-lockdowns.

>>49617674
>retard thinks "priced in" is a catch all term for price action volatility
don't worry ser your $500 shitcoin poorfolio is priced in each and everything
fucking mongoloid

>>49630602
>The other dude was saying there was a SHORTAGE
And there was.

You have to be a complete and utter moron to claim otherwise.

>>49625262
CHECK THE HECKING CHARTERINO. I FUCKING LOVE SCIENCE AND CHARTS AND GRAPHS

>>49630501
>Don't get too excited, the recent price drop has more to do with the global financial market meltdown than demand.
No, the price drop in lumber indicated the crash in the financial market. This was my point. It is a bottom up indicator because lumber is heavily used in the real estate business. Demand in real estate and lumber goes hand in hand, but the price for lumber reacts way faster than the real estate data. So if lumber price drops in an environment where the local and global supply chains are fucked, which means if the scarcity on the supply side could not stop a price drop due to major drop in demand.

>>49630689
>the price drop in lumber indicated the crash in the financial market
lmao, lumber hit a local peak in early March 2022, while the rest of the market had been dumping for nearly three months already.

>>49619227
>>49619401
>>49619478
>>49619534
>>49619557
yakunyan!!!

>>49630715
I'm talking about a longer timeline. Look at the price drop since May 2021, this was the indicator that something big is coming. The price increase after this is due to opening up again after Covid (global demand) and the supply chain chaos scaling up.

>>49630856
k bro

>>49619227
>>49619291
>>49619401
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>>49619557
Toasting in a legendary bread

>>49620193
>wages are too high
If I were renting right now, I would be forking over an entire paycheck every month just for rent. Not including parking, utilities, food, transportation, etc.

>>49630965
Can confirm. My landlord takes in a third of my engineering salary just for me to not live in the ghetto of my small town (it is a small agricultural town so lots of). At this rate it's looking like 5 years before I can afford a house with a mortgage much less than my current rent.

>>49617189
Yes were about to have worldwide supply shortages

>>49620193
>wages are too high in america
you mean CEO wages are too high in america. you are paying these (((CEO))) tens of millions of dollars in salary then tens of millions of dollars in bonuses. for what? they have no risk. they dont do jack shit. if they get fired they get another tens of millions in compensation. they never go to jail for anything.
but yeah employee wages are the problem.

>>49619557
So based.

>>49617189
no shit. people are just seething about meme political bullshit and projecting on the actual economy. inflation and shit is all real, but people are still being good goyim as usual. nothing has really changed.

>>49617189
>1 post by this id
You retard keeps replying to this. They're destroying biz the same pol was destroyed.

>>49617189
Link to the original tweet or it never happened.

>>49617189
>credit card growth this quarter has been pretty good

the goyim are spending money they dont have! this is excellent!

>>49630663
>>49630615
You don't do real business. It's obvious.
Shortages on retail shelves are not even reflective typically of wholesale stock levels.
Any shortages now are just people sitting on goods they don't want to sell.
The goods are out there. Join some liquidation mailing lists and your mind will blow.

>>49632349
There were months of literal lockdowns all over the world, and now one of the world's premier supplier of oil, gas, wheat, ... is cut off due to war.
Supply chain issues have been the main reason prices are going up.
People were begging to buy cards, GPU cards, lumber, etc. but simply couldn't.

Fucking get your head straight.

>Shortages on retail shelves are not even reflective typically of wholesale stock levels.
And guess who drove the lumber and GPU card price bubble for instance. Protip: not wholesale.

>>49630005
They're stuffing their fat, waddling faces on credit as always. I can assure you were are not YET in a recession.

>>49630615
>>49630663
It's me at my work.
Here's this week's liquidation mailings and this is just the four that were in a row and easy to snip.
GLUT OF GOODS.
No one has money is the problem.

>>49632452
Are you paid to post or retarded?
I'm sorry your PORN GPU was unavailable you unproductive NEET.
>everyone is locked down playing video games and there is a shortage of GPUs
Wow. Big think there.

>>49619227
>>49619291
>>49619401
>>49619478
>>49619534
>>49619557
yeah i'm thinking based

>>49632614
>>49632661
There have been months of worldwide lockdowns, and now Russia and Ukraine are effectively locked down (some of the world's premier sources of oil, gas, wheat, ...)

In general, prices have been skyrocketing due to supply chain issues.
It's very common knowledge.
https://en.wikipedia.org/wiki/Shortages_related_to_the_COVID-19_pandemic

And of course there will be liquidations, a lot of companies are struggling partly BECAUSE of supply chain bottlenecks.

>>49633048
You clearly have script or are at the best an NPC that can only regurgitate things.
You just basically post the exact thing every post.

I am guessing you are 19 years old.

>>49633253
It's probably a gpt3 bot

>>49633391
>gpt3 bot
Bots combined with a supervisor get the best results and I think is more typical than people think.
"AI" is junkware usually and they need a person to tailor the responses more appropriately.
Even if the person is half retarded like the above anon it improves the bot.

>>49633253
It's pretty amazing to converse with your kind of stupid.
This is the most basic common knowledge when it comes to the post-covid economy.
https://en.wikipedia.org/wiki/2021–2022_global_supply_chain_crisis

>>49617189
>bank of america
>being correct about anything ever

lol they only excel at collecting bbbrrrtttt

Cool I'm buying more PM's

>>49633790
Yes, we all read about and saw it on CNN.
Why do you think you are adding to the conversation with wiki links and "official" information?
Just give up. They won't fire you.

>>49620193
>Wages are too high in America
Your bait sucks.

>>49634199
>Why do you think you are adding to the conversation with wiki links
Because it's common knowledge lol

Take a look at the wheat price and tell me it's not because of the Ukraine war.

>>49619227
>>49619291
>>49619401
>>49619478
>>49619534
>>49619557
WE DID IT REDDIT

>>49617674
>P R I C E D
>I N

>>49617189
yeah and the vaccines are safe.

fuck off dude.

>>49629987
the goal of those articles is clicks not accurary

Part of the reason why we got inflation in many products was pent up consumer demand being unleashed. Ofc that is not bearish.

>>49620193
>cheapest rent, in one of the cheapest cities in America, is $900 for a studio
>Most companies make you pay for parking
>most apartments make you pay for parking
>a weeks worth of rice, beans, bread, and eggs is $40
>Have to pay a cell phone bill every month, no job will keep you employed without a cell phone
>have to have internet to pay most bills, required for any job that involves computers
>"Convience fees" on literally everything, only option for paying my electric bill is to use a credit card and pay a 2% fee, website has had an 'error' with bank accounts for the past 7 months
>Cost of communiting for me is $200 every month and it goes up every week
>Can't save for a down deposit for a house because of inflation and now interest rates keep going up, won't be able to afford a mortgage
>used car prices are just as high as brand new cars were 3 years ago
Yeah man, it's totally the fault of wages slightly going up and not printing 1/3 of the exisiting currency over the past year and spending a fuckload of money on stupid shit, like ukraine

>>49634716
So under our current system, the poor need to stay poor so they dont overspend us into hyperinflation?

>>49634232
I'll try to explain it to you like I would to a small child
https://www.cnbc.com/2021/10/20/retailers-manufacturers-over-ordering-amid-supply-chain-crisis.html
Retailers and manufacturers ordered something like up to 3x the amount they actually needed, goods at the peak had a hard time going in, they trickled little by little, but now every single warehouse is full of shit people can't afford to buy, and don't really even need when they slowing down their personal spending.
Just because there's SOME things that are still lagging behind, they are lagging exactly because everyone ordered five times more semi-conductors than they needed.
These orders are getting fulfilled. But the consumer doesn't have the cold hard cash, or even credit anymore to afford any of the overflowing shit that is starting to flow into the market.

You are an actual retard.

>>49634716
>wagies stop buying stuff during COVID
>economy about to collapse due to no spending
>government prints money to give people spending money
>economy going to collapse because of wagies spending money

>>49634893
>th-the lockdowns totally didn't fuck up supply lines, causing prices to go up!

Listen to yourself lol

>>49619227
>>49619291
>>49619401
>>49619478
>>49619534
>>49619557

>>49634740
It basically is. People have no skills, or don't have resources to stake out for a better compensating job.

learn to code bro.

>>49617189
>loan growth is good
Golems ensnared in debt is a metric of economic health?

>>49634930
Did you not fucking read a word I wrote you mouthbreathing knuckledrager.
We HAD supply issue.
Now it's starting to get better.
But people ordered too much shit based on projections of consumer spending from last year ago.
This year people can't spend shit
And retailers ordered fuck ton of stock based on flawed predictions.

Are you being stupid on purpose?

>>49619227
>>49619291
>>49619401
>>49619478
>>49619534
>>49619557
I kneel

>>49635049
>We HAD supply issue.
>Now it's starting to get better.
Anon, the Ukraine war is happening now. We have a whole new set of supply chain issues.

>>49635110
Do you get all your economic takes from watching CNN?

>>49635049
>This year people can't spend shit
>the consumer doesn't have the credit anymore

Consumer credit is literally at ATH.
It's in the OP pic.

>>49619566
nigger

>>49635148
No, from trying to order bike parts for instance.

Also things like fucking bread exploded in price because apparently all wheat on the planet came from Ukraine for some reason.

>>49634893
This anon understands fully what is happening.
This describes me to a T. I will be fine. But I'm sitting on over a year supply (in a good year) of literally everything.
I have 6,500 items in my warehouse almost ALL with a good year of sales volume left on the racks.

>>49619227
>>49619291
>>49619401
>>49619478
>>49619534
>>49619557
bravo

ermmm but the USD is at its strongest in years.

FOMO rejected. Still comfily tethered and waiting for Precog finance launch. Not giving anyone exit liquidity

>>49635148
Don't bother with this retard: >>49635215
He's willfully stupid.

>>49619227
>>49619291
>>49619401
>>49619478
>>49619534
>>49619557
Threads over time to pack it up boyos
>>49619572
Good attempt anon.

>>49635222
>>49635356
But he's talking out of his ass.
Car manufacturers expect the chip shortage for instance to last at least a couple more years. Shit is nowhere near normal production, and the car industry is losing untold billions in unrealized sales as potential car buyers simply cannot buy a car because of supply chain issues.
Also, try to buy a PS5 right now.

Supply chain issues are still persisting, and will persist for a while still.

>>49617189
we are so fucked aren't we.

>>49617189
This isn't economic health, this is saying that everyone is taking on more debt. It's another aspect of the reason why our economy desperately NEEDS another recession. This endless leveraging has got to stop

>>49635418
>one industry and one specific thing counts for the entire economy
They are squeezing cars on purpose to push EVs you absolute retard. There isn't even a real shortage in chips. It's contrived.

I was telling people since March 2020 that tens of mllions were going to starve on the back end of this. You were underage at that point and still in high school.
This is a plan. It's not real. It's an orchestrated, contrived situation with no reality at all to it except that people are dirt poor.

>>49619227
>>49619291
>>49619401
>>49619478
>>49619534
>>49619557
this made my day

>>49636269
>They are squeezing cars on purpose to push EVs
Nearly all major car manufacturers produce EVs you absolute monkey.

>>49617189
>people getting in debt is good for the economy
What kind of monster do people created?

>>49617189
loltard. this is a slide thread. anyway i dont mind just buy and lsoe everything. its the biz way

>>49630663
>20 posts by this ID
>they are all muh putin price hike
Really activates the almonds

>>49636517
>putin price hike
lol no
The covid lockdown mania and anti-Putin sanctions price hike.

>>49636420
>i just start typing the 1st thing that pops in my head
>why do people think I'm retarded
(you)

>>49636540
... what?

>>49636571
Half the posts you've made in response aren't properly addressing what the anon you're responding to was talking about. It's as if you skim read the post a single time then make some dubious connections in your mind to what the topic is, and miss the point entirely.

>>49636627
I directly demolished that nigger's point, you nigger.

that nigger:
>hurrr car companies say there's a chip shortage to push EVs

reality:
>the unrealized sales those car companies are talking about include EVs

>>49617189
>guy who injected your kids with deadly bill g*tes v*ccine and will soon infect u with weaponized m*nkeypox: uhh, actually everythings fine!

>>49619227
>>49619291
>>49619401
>>49619478
>>49619534
>>49619557

>>49619227
>>49619291
>>49619401
>>49619478
>>49619534
>>49619557

Lul imagine trusting a bank. They're about to dump on you.

>>49619227
>>49619291
>>49619401
>>49619478
>>49619534
>>49619557

>>49617486
Cope. It's only dumbass chuds who live paycheck to paycheck that are struggling right now.

>>49619227
>>49619291
>>49619401
>>49619478
>>49619534
>>49619557

>>49617189
How is another recession happening? And they're also talking about inflation. Stop. confusing the fuck out of newbies like myself. I have assets stuck in crypto such as eth atom and scrt that I believe have the potential to rise against the bear

>>49619227
>>49619291
>>49619401
>>49619478
>>49619534
>>49619557
Yeah, I'm thinking based.

>>49617189
is sen a new cryptoname?
i guess all new goofball names are untill proven otherwise.

if there wasn't a recession why is sqqq kicking ass?

>>49637398
WTF, so you spelt NIGGER with that. You faggots must be fucking mad in this board. Maybe you don't have work to do but I do. Privacy matters though, I see.

>>49628317
FED, how impressive.
How on Earth did you get a reservation there?

>>49617660
savings are at highest levels in decades. that’s the problem. everyone has money, but resources are finite.

>>49637593
>everyone has money, but resources are finite.
If everyone has money then why do we have poverty all over the place in this world?
BTW, I'd rather save my asset in btc, eth, scrt than any other damn thing. high chance to loose more money the same way you'll make more money wen the time comes

>>49619213
At least one fucking Mason there

>>49634293
Reddit would never do something so based.

>>49630170
the thing is people can't eat treated lumber or GPUs.

>>49637849
> why do we have poverty all over the place in this world

some people are retarded when it comes to money, and vast majority are straight up economic illiterates

>>49637593
This is the biggest flat out lie I've ever heard out of the current administration. Not only are savings in the gutter but credit card debit is higher than ever. Fuck off nigger.

>>49617189
LALA, CAN'T HEAR YOU REALITY!

>>49619557
>>49619534
>>49619478
>>49619401
>>49619227
>>49619291
HOLY FUCK!

>>49617189
Nigger a meal at taco bell is 15 dollars. Gas is 5 dollars. Consumer spending isn't going up people are getting fucking poorer

>>49622144
Extremely

>>49617189
Most construction has stopped. No one can afford concrete, fuel, labour. I see people buying $5 worth of gas. higher rates 'bout to liquidate the indebted masses.

>Thanks to inflation and the salary bumps we gave ourselves, we just bought a bunch of cool stuff!
>This should be reflective for the economy as a whole!

>>49638870
> This is the biggest flat out lie I've ever heard out of the current administration

>>49619227
>>49619291
>>49619401
>>49619478
>>49619534
>>49619557
sneed

>>49619227
>>49619291
>>49619401
>>49619478
>>49619534
>>49619557
BASED
RECESSION CONFIRMED FOR NOT HAPPENING

>>49619227
>>49619291
>>49619401
>>49619478
>>49619534
>>49619557
Racism is bad

>>49617660
This, of course they’re spending more when food and energy did x1.5 in a year