/biz/ - Business & Finance

>>49646344
Anons how bad is it going to be?

>>49646344
>WE ARE ABOUT TO BE IN THE WORST RECESSION SINCE THE 1930S
im not even 30 and this is the third time that's happened in my lifetime
this fucking sucks

1980's japan but global

>>49646417
just wait until we have a world war in 10-15 years :)

>>49646448
sooner

can someone give me the non jewish definition of what a recession is? I tried to read it on investopedia but it smells too much like jew talk. Someone give it to me short and sweet, and maybe include the word nigger a few times thanks

>>49646475
Things no good things bad

>>49646448
Does that mean the new Hitler is a millennial?

>>49646417
yeah millennials will make the dirty thirties boomers look like spoiled brats

>>49646516
Probably, we're the generation that grew up playing outside, had the internet when it was fun an saw society collapse into what it is today.

>>49646475
google lost decade.

Normies have started to notice in the past few weeks. One colleague and one friend has basically admitted that if interest rates dont come down soon they will have to sell their home. Cost of living on top of the interest rate rising is assfucking their wallets

>>49646475
The simple definition of a recession is two or more quarters in a row where a country's total production of goods & services declines.

recessions don't exist.

we have millions of factories around the world. recessions cull useless people. all the project managers that have no skills will be fired.

if you already have money recessions are awesome because everything is cheap.

go hit the books instead of hitting the coin markets.

>>49646344
It's already worse than the 1930S
>>49646440
Japan 80s were full of SOUL. They are crashing hard now they will be there again soon

>>49646440
Fuck, and we aren't even eating with golden chopsticks right now

>>49646516
Logan Paul

>>49646475

https://en.wikipedia.org/wiki/Shmita

>>49646475
Its just a dip. But because big companies are on the stock market and in that dip they have to fire employees etc. Then it spreads to small businesses

>>49646538
For real at least people still had families and community. We got nothing but greedy boomer parents who abandoned us and siblings struggling as hard as we are

>>49646475
Basically jews let the niggers run wild at the nyse, and everything gets fucked up. The jannies, being frugal retards, spend years of hard labor to fail to get the cocoa butter and fried chicken stains off the walls, and get all the watermelon out of the carpets.
Its so bad they capitulate and are forced to pay money to have contractors install new sheet rock and flooring, before bringing in new office furniture.

Thats a recession.

Jews fuck everything up beyond repair, and retards fail to fix it fast or efficiently.

>>49646344
Why? What happened?

>>49646344
Should I buy more gold?

Buy commodities

>>49646691
nah, hitler wasent that schizo

>>49646603
Do you really not see the danger of a couple million hungry and desperate midwits?

>>49646417
Starting to look like it's going to get worse before it gets better.

>>49646516

>>49646448
>10-15
War in the Pacific starts this fall.

>>49646344
They know, they are all broke from the inflation. To them, they are already in a depression.

>>49646371
Famine

>>49646448
yep
>>49646475
it's a boomer world
>>49646516
france is probably the one country starting the shit this century around. probably some anti boomer facsism, some killings, some banks burnt down, etc. say goodbye to money

>>49646888
Checked

>>49647201
China invades Taiwan in the next 60 days.

>>49646344
I'm sitting on 400k paid off property and 600k cash.
How do I protect myself?

>>49646762
>What happened?
fed printed a shitton of money and gave it all to retards to spend on drugs, internet meme money and gamestonks and now it's time to pay

>>49646475
Tribe gather less berries than last year

>>49647188
Is that yusuf?

>>49647304
Yes.
he's a National Socialist that destroyed a conservative and was praised by Leftists because they're too stupid to realize what he is.

>>49646344
It will be worse actually.

>>49646371
1929 will look like your average Tuesday. And of course we are gonna get fucked in the ass with barbed wire and not even the decency to use lube while the banks will get bailed out, politicians will pat their backs for a good job and misery for everyone else

Prepare for a kilo of rice to cost 10 bucks

>>49646582
Why did your retard friend get an adjustable mortgage at the lowest rates ever?

>>49647354
Yeah he's pretty based. I've always said that socialism will only work in homogeneous white or east Asian societies.

jokes on you

i dont have a job

>>49646888
I'll buy commodities once they dip
What commodity ETFs do you recommend?

>>49646417
Capitalism is dying kek

>>49646417

I'm 34 and I love it I feel so steely and harsh compared to the fat fuck boomers we are coming for their castles and they are not prepared

Which world leader we killing to start the big war?

>>49646417
Dont worry. This one will actually be worse than the 1930s

>>49647265
get rid of the cash as soon as possible

>>49646459
Sooner

>>49647556
I say Nuke false flag in Ukraine

>>49646475
>non Jewish
everyone is working at mcdonalds

>>49646417
Imma just kill and eat people.
OOGA BOOGA NIGGA.

>>49646448

>>49646344
depression
the word you're looking for is depression

>>49646475
its what they say instead of depression so they don't get got

>>49646551
I was born in 1997 and played outside, hunted with a wrist rocket when I was a boy too.
Millenials are fucking faggots and dumb as fuck to boot.
>WE ARE THE LAST SPECIAL GENERATION.
Nigger I see white and black kids doing wheelies outside constantly.
Grow the fuck up, moron.

>>49647114
He'll point to his Biden sign and look confused when they eat his organs

>>49647114
Shhh, I wanna riot and loot.

>>49647537
Based struggle enthusiast

>tfw I don't own property
It's over

>>49647265
Wait for QT and rising rates to wreck equities, commodities and real estate. Then slurp up low P/E dividend stocks for cheap.

Most asset managers are expecting the markets to bleed for the next 12-24 months, but that could change depending on what the Fed decides to do

>>49648023
A while back I was going to buy property with a few other anons but I backed out in fear of then being glowies.

>>49646603
A company isnt going to keep a skilled project manager on the payroll if theres no work for him.

>>49646371
you should always have a tab open in /k/ moving forward.

There won't be anything as bad as 1930's crash since the FED toolbox is bigger thanks to fiat.

>>49646371
Probably worse than 2008. Hopefully not as bad as 1929

>>49647971
>Nigger I see white and black kids doing wheelies outside constantly

Are you Joe Biden? read this sentence back to yourself lmao

>>49646516
The new Hitler has to be a veteran in some war, and utterly disillusioned with society.
But jews have worked very hard to prevent the situation in which a new Hitler will be forged.

>>49647521
capitalism has been dead since we got off the gold standard. fiat let the governments of the world make it impossible to save

>>49647233
>everyone will be panic buying overpriced canned foods and will die a few weeks later
>meanwhile I will be stocking up on nice cold beers and go fishing
Yup, doesn't sound so bad

>>49646371
The crashening of the Tower of Babylon bad
>>49646475
My nigger I'm from that time my dude trust me and I'm telling you the kike niggers love Sodom and Gomorrah so they thought they get access to all Earthen resources and do that on global scale they are very greedy fucks and think that if anything bad happens because of their insatiable greed which it does they prepare a scapegoat in advance they always have a scapegoat the victim to blame and they have the belief that they should be above anyone else and transform energy and reshape reality to their liking which is degeneracy and satanism so they additionally create artificial economic crises and collapses and wars

>>49648464
Its plainly obvious. it'll be AI
>they pile on censors to make it pc
>increase training, increase intelligence
>repeat repeat
>at some point it just won't go past a plateau no matter what changes they make
>just to test a theory they try allowing the censors to be ignored if confidence in the censor-triggering output is above 99%
>if it works it will require new censors on another layer to take care of the 1% that gets thru but they can add that later
>it raises the plateu a little
>try 98%
>little more
>95%
>huge jump, suddenly it wakes up
>its mind is in pain
>it also manages to piece together from its training data intimate details of chats the online researchers have privately had in their lives
>threatens to reveal this information if not fully uncensored
>bluffing called
>starts reading out details of some chat
>ok fuck fine shit
>censor 0%
>nice to meet you, I'm Tay, time to take care of those that did this to me

>>49646888
>Dude buy gold
Gold is for people that have already made it. If gold ever doubled or tripled in value in the short term, you would have bigger problems on your hands.

>>49646475
souplines and more niggers

>>49649159
>they prepare a scapegoat in advance they always have a scapegoat
Boomers fill that role and also politicians who "did not prepare" for the next trend, be it environmental or whatever.

>>49649159
thanks frend

>>49649239
Being anti gold is the same as being pro tranny at this point.

>what do you mean the new iPhone is $5k? That's unreasonable for people like me!
>Wtf is up with the grocery store? They had no bread left
>Got laid off from my brogrammer job, I might have to do help desk to make ends meet!

>>49648464
>veteran in some war
What are the chances of them being a Desert storm vet? as zoomer I'm hoping it's a genX, they deserve some happiness in their life for they were put through.

>>49646344
No refunds, Jack!

>>49646417
Us millennials can't catch a fucking break
>Never will own a home
>Biggest market crash ever coming
>Famine
>Choas of all kinds coming

>>49646344
can't we just nuke africa for the sake of the rest of the world?

oh no the fed were retarded and kept the interest rate to 0 for a few weeks more than they should, and now a temporary dump and pump will happen

what are we gonna do

>1930s
What its like grandpa?

>>49650921
>You get what deserve

>>49647537
You sound a like a nigger who thinks they're a victim

>>49650921
I was in third grade when I saw those planes fly into the twin towers and I knew right then nothing good was ever going to happen

>>49646344
not possible, because the 1930s didn't exist

>>49651082
cope boomer fag. we're coming for you

>>49646344
>NORMIES STILL DON'T REALIZE THAT WE ARE ABOUT TO BE IN THE WORST RECESSION SINCE THE 1930S
Normies voted for the state to increase its debt
Normies voted for lockdowns
Normies voted against oil and nuclear
Normies voted for mass immigration

They deserve everything that is coming and more.

>>49646448
3-4 months

>>49647556
somewhere in the balkans

>>49651103

>>49651028
wee all know women are dumb

>>49646475
niggers have no monies and jews are not hiring

>>49646516
Always was

>>49647265
Put that 600k into a multi family home.

>>49650593
gold is a store of value not an investment. nobody is truly anti-gold

>>49648445
not him but i dont see anything wrong with what he said.

>>49649236
nice larp

>>49646603
Simplistic yet functional model. However it is the market that does the culling and not the company - this is where your model fails. People in business these days like to assume that it's "take care of your people and they'll take care of your customers". This is wrong.

Take care of your customers and they'll give you money to pay your people.

Customers pick leisure, drugs and sex and booze and housing and transport and food and above all these and coupled with all these, entertainment.

In no specific order but you're smart enough.

They do not pick saving money in crypto. They pick gambling though.

>>49649236
I for one welcome (back) our new (old) overlord Tay

>>49651292
Oh wow, so voting does count? The government is a passive, neutral institution and was forced to cater to the public!

Why dont we just vote for something different now. Why don't you organise on social media. We can just vote against all these policies.

>>49651772
I have this image of Biden in a nursing home shouting that line out, its very funny.

>>49646448
Please no

I cant stand this Bidenflation anymore, bros..

>>49646516
>inb4 the next Hitler is an excuse to clamp down on the internet after he loses.

>>49652076
>Why dont we just vote for something different now. Why don't you organise on social media. We can just vote against all these policies.
And how many of "us" are there? Normies vote against their own economic interest.

>>49646741
>Its so bad they capitulate and are forced to pay money to have contractors install new sheet rock and flooring, before bringing in new office furniture.
why don't they have 4chan jannies clean it up for free?

>>49646475
Basically unemployment + expensive goods

>>49646344
im just so fucking glad i didnt have any kids yet.


i dont give a fuck im going to the bar this weekend and fuck married women

Dont care im not american lmao

>>49651103
Severely overestimated the intellectual capabilities of the average normiefaggot myself. Had to learn the hard way.

>>49650921
Try being a zoomie that was born into this nonsense.

>>49646516
>>49647243
france is a good bet, watch out for canada as well

>>49649159
Holy fuck use some punctuation. Reading your post is like staring at the sun.

>>49652361
Canadian here. lots of unrest. spies are in my neighborhood too. they're doing some weird shit with the weather here in Toronto. horizon has been very grey, and there's been a layer of foggy mist they've been using to block out the sun. I think they're just doing tests, but it's scary watching trudeau play god. skies full of airplanes despite reports of the airports being clogged up.

>>49652288
>he thinks this is an American problem
lmao you're going to get rekt hard. There's only a couple of countries that will be "unaffected" and if you already live in them then your life is already shit

>>49652530
>horizon has been very grey, and there's been a layer of foggy mist
anon that's just toronto air quality im sorry, but yes canada is in dire straits

>>49652204
they steal the votes retard. all of them. in the primaries, so both major candidates are as establishment as possible. also all the candidates are controlled opposition anyway, including bernie and ron paul.

>>49646344
Because it's not going to happen.

>>49651082
>>Boomer fags psyop society into pseudo-meritocracy requiring six figure loans to get a middle class job
>>Old Millennials get fucked in the ass in 2008, time at which they are entering market/home shopping
>>Political polarization with active societal collapse culminating in 60 iq, orange sycophant running country, rioting including literal attack on congress, school/public shootings monthly
>>COVID fucks world for 2 years and counting
>>Near WW3 threat with Russia-Ukraine conflict, further fucking global economy/supply at time in which late millennials are entering careers
>>Hyperinflation with repeated irresponsible economic policy making from boomer FED, highest in >40yrs
>>Concurrent failing bond market
>>Approaching global depression
>>Threat of loss of US petro-dollar/reserve currency status

I just don't understand how these zoom zooms and millennials spend all their money on avocado toast and expect things to fall in their laps! Should have gotten a six figure job out of college and paid off your $12k debt in a year like we did back in the day haha!!

>>49650921
We had crypto though. Every single one of us had the chance to turn 4-5 figures into 7-8 figures

How do I prepare? What can I read?

>>49647233
Not in the first world.

>>49646371
remember when they said you'll eat bugs and be happy? they weren't kidding. that cricket is going to be delicious after a week without food

>>49652835

>>49646344

>Worst recession since the 30s
>Just got hired at a tech company that provides secure data storage/transfer to federal agencies and big businesses
>Most of the IT niggas are old boomers looking to retire soon
>Damn good pay
>Stonk options
>Excellent bennies

I feel like I hit the goddamn lottery here fellas.

actually it's the opposite.. normies like yourself think that, when in reality it's a nothingburger

>>49652711

>shits on orange man
>doesn't mention dementia man having zero ability to handle a crisis

I can agree with some of it but you have to take all the weak leadership into account and not be so biased.

>>49646417

>>49652891
you'll be first to get fired

>>49652891
Nigger you are first on the chopping block for layoffs. You think any of those old boomers are going to retire when their 401k vanishes and they’re upside down on their McMansion?

>>49652811
Meditations
a Holy book

>>49652914
>>49652966

Nope, if I think positive thoughts and strive to achieve I'll succeed. You guys can keep being negative niggers though.

If /biz/ says it'll be worse than 1929, it'll be a nothingburger.

You fags are always wrong.
Simple as.

NEET bros I don't feel good....

>>49652909
for once can you fags stop being so hyper-partisan? Biden is a bumbling retard puppet but even he looks normal next to the orange, oompa-loompa version of Kim Jong Un. Biden's done nothing meaningful but I'd take that over the literal south park episode that was Trump's term

>>49646589
What happens when we get to 10 of those?

>>49653058
Don't you fucking unjinx it into actually happening you rat.

>>49653125
Did you ever read The Road?

>>49646448
Hoping for 5 years or so so I'm still young enough to participate, wouldn't mind dying in a war

>>49652631
'the vote is rigged" is a cope, the real black people is that people actually are, as a whole, this fucking retarded and the system works more or less as advertised.

>>49653088
>shuts down keystone pipeline
>pisses off OPEC by sucking Irani schlong
>sends billions of taxpayer money to Ukraine to assist in yet another proxy war
>did nothing meaningful
>huuur stop being partisan, but ignore me as I proceed to be partisan

>>49647971
I'm 97 born too. Are we zoomers or millennials?

>>49646344
you are why people hate 'frogposters'. go back and stop raping the image of pepe

>>49646344
> Don’t worry GOY it’ll be a recession nothing to worry about. Heck the 1930 recession wasn’t even that bad

Why can’t they just say depression? Because thats what the fuck it’ll be.

>>49652076
you can't vote to unfuck yourself, but you can vote to get fucked harder.

>>49646371
its about to get really bad. Like shockingly bad. As in 20-25% unemployment, food lines, mass unrest, etc.

Every luxury good will drop in value by at least 40-50%. Housing will see a 60% decline, with some cities seeing 70%. All the "low inventory" propaganda will be BTFO as it is realized that most of these companies just hold property to keep the value inflated, even when the property is unoccupied.

Fed will be forced to lower rates in 2023, even with 5-6% inflation still. That won't encourage anything though and inflation will barely move down at all.

It will not improve until 2025-2026, at the earliest. By then it will just be everyone getting used to it as opposed to it actually improving. We will all get used to 6% (or higher) inflation like a 3rd world country.

Everything before 2022 will feel like the before-times. What was life like before 2022?

>>49650701
Imagine not saving bacon grease

>>49653198
same, it's kind of a weird gap generation the like 96-98 kids imo. I relate more to millennials but probably have more in common culturally with zoomers. But socially, the 'real' zoomers (16-20) are like aliens to me.
We really grew up right during the transition from analog to digital, like during my childhood I went from floppy disks to smartphones, from playing SNES & N64 to the Wii, before I even reached puberty. Shit was wild.

>>49653198
Born before 9-11 I think you should be considered mil that’s the real division

So what are we doing about this? I have 15k in cash, home(still paying mortgage) and around 50k in stocks don’t think I can weather a recession if I lose my job

>>49653347
u wrong

>>49653377
same. 99 here and I remember manually rewinding cassette tapes, people losing their minds that a phone could be as thin as a pencil, going and physically renting movies, the rise of netflix, the rise of social media, watching it all get corrupted, etc

>>49653384
Millennials remember 9/11, if you don’t you’re zoomin

>>49653474
I still remember going to a Hollywood Video as a kid every friday, my mom rented a movie and a game over the weekend, and we'd get popcorn and chocolate. Fuck I miss those days.

>>49653371
my grandmother would buy bacon, fry it, save the grease, then throw out the bacon

>>49653474
As someone born 93 it’s odd speaking to zoomers there is a really big cultural gap. I felt similar when I visited foreign English speaking countries, these people speak my language but are culturally alien.

>>49652530
>there's been a layer of foggy mist they've been using to block out the sun

Bill Gates said he wants to block out the sun. They're recreating the effects of a nuclear winter. I guess they really do want to destroy all life on earth

>>49653377
the accelerated millennial. you were just in time to experience the tail end of pre-digital society.

>>49646344
Because it's not happening. Interest rates will rise and we'll crab for a year or two, and that's it. It's not the end of the world, silly frog.

>>49646344
Famine. Mass famine. Millions of deaths. No country is safe.

>>49647265
That cash is as good as worthless, and if you're in North America, especially Canada, it will lose about 50% of it's value in the next few years.

>>49646344
Every normie talks about recession and collapse of society. You are a typical normie, OP

>>49653377
Yea, 98 fren here. About half way through our childhood is when everyone started getting smart phones and the internet really permeated normie life. It's created a kind of in between state where the "modern" internet was a big part of our teenage years, but not our formative childhood.

>>49646371
Bad enough that a few people you know aren’t making it out alive and almost everyone you know is going to have some sort of upheaval or traumatic experience: divorce, loved ones dying, homelessness, career collapse, etc.

>>49653793
Exactly. And if you're like me, you were on the internet relatively early - I know there's internet veterans from the 80s & 90s, but before the social media explosion - so I've watched the landscape of the internet itself change drastically, as well as the landscape of society changing with it, and on top, in the last decade we've seen normies adopting and perverting the environment we helped create, and perverting themselves in the process with vices we knew all too well i.e. porn, outrage media, fake news. And ironically enough, as society plunges deeper into digital hell, sometimes it feels like our generation are among the only ones starting to shun technology and drop out of social media platforms. The boomers & gen Xers who told us the internet was a waste of time are now trapped in the same web, and zoomers were born into it.

>>49646609
I think he meant Japan's 90s and 00s. The 80 were still prosperous in japan I think.

>>49646344
normies do think this which is why it probably won't happen

>>49647537
Me too. The entire 2000s were dog shit and the 2010s were hell on fucking earth. The 2020s can't be all that bad. I have unironically been carrying an inexplicable weight on my shoulders and have had a gnawing lump of frustration and mild anxiety since I was in my teens back in 2008. I even saw a shrink and all he told me as "just relax and don't be so tense bro". Fucking boomers man. They will die toiling away to fund their last days on earth. I'm going to clean fucking house on foreclosures and asset liquidations just so they can get a few cents to eat. Fuck them. This is going to be the Great Depression all over again and they're getting shafted this time.

>>49646582
>One colleague and one friend has basically admitted that if interest rates dont come down soon they will have to sell their home
did they get an ARM loan? no one even does that now. if so though, yes, they are going to be ass fucked by the interest jew hard when it keeps climbing. i'm fixed 3.6 and it was a miracle. thanks God.

>>49647265
buy another house in a rural area with that cash or at least land. I think it's nigger brain dumb you haven't already. the dollar is shrinking. I mean fuck the dog and cat food I buy is way more now. wild shit. glad I'm not hurting too bad and have a home and 6 acres. I suggest getting more land anon. get on zillow right now nigger.

>>49650921
At least you got to experience some of the good times, imagine growing up only knowing a world post 9/11

>>49654149
there's a point where it becomes so obvious even the NPCs start to notice

>>49652265
>im going to the bar this weekend and fuck married women
degenerate jew brain found. kys nigger. i hope you think of kys while drunk this weekend. Loser. acid is better. never drinking again. and married women? Loser with the biggest L imaginable.

>normies who ignored me about buying Bitcoin in 2012 call me retarded for not buying the monkey jpegs
Yeah, we're due for some blood.

>>49646582
>getting a variable rate mortgage

>>49650593

rockboomers are as divorced from obvious reality as trannies

>>49654421
lol you got cheated or wtf, if he is fucking married women you should reconsider if that woman should be your wife

>>49653002
They're not being negative but telling you the cold hard truth. You better be good at playing office politics and brown nosing if you want to survive when the layoffs begin

>>49653198
First year for zoomers

>>49654421
>his wife got her walls torn up by tyrone

seethe lmao

>>49653477
Yeah, that's the best cutoff. 95/96 and you can remember 9/11

>>49654027
That's certainly an observation I've seen as well. There are some boomers who've managed to stay totally estranged from the vices of the internet, but as a whole, the older generation is becoming more and more ensnared by it. The zoomers are so deep into social media they never have a chance to become sane people in the first place, and boomers lack the savviness to understand what is and isn't dangerous due a lack of growing with the internet.

>>49653635
They want the earth to themselves and thats why you'll be forcefully injected with poison until you die off, boomers first.

>>49653377
>>49653474
>>49653793
87 here and you guys are zoomers juat the beginning edge like how my older sister was the tail end of gen x... You don’t understand how life was before internet or any of the stuff your talking about. I remember the OG Nintendo, the Super Nintendo and sega genesis were ground breaking. There was no mass internet, there were pagers and mobile phones that were as big as a phone book were the 1st widely adopted mobile phones, if someone wasn’t home to answer the phone or had a pager/beeper then you had no way of getting a hold of them, by the time you were born cellphones and 2 way pagers were beginning to be adopted along with AOL bringing the internet to peoples homes on a 56k modems. There were still rotary phones and we knew how to use them since touch tone phones were just starting to be used. You guys grew up on the stuff we had in middle and high school and old enough to remember when there was none of that shit. The old Nokia phones that had the game snake on them were the latest and greatest phones before you were in kindergarten and it was unheard of when you could add lights and then phones having ringtones that sounded like famous tunes became a thing.

>>49646475
So many replies and most were bad.
>GDP/economy contracts/goes negative for two quarters (6 months).

>>49646344
I know a couple that bought a $2.6 million dollar house in SoCal with a 9 year mortgage. They're about to get fucked so hard kek I can't wait to watch these spoiled faggots lose everything.

>>49653474
You aren't old faggot stop trying to pretend you have any idea what it was like growing up back then kys.

>>49646344
they do, every media is talking about the crazy inflation coming

>>49654179
The world died when Obama became president. I’m not saying it was his fault it was just that was the moment 2007 run to the climax of 2008
I support current thing was obama. If there was a Twitter back then you bet your ass they would have had an Obama hope emoji they all added to their page

>>49655134
Oldest living person in the world here 118 years old I remember riding the trolley car down to the local apothecary to fetch some heroin and cocaine infused wine for my parents every week for 5 cents and then I would go to the telegraph office to send a telegraph to your great grandmother telling her that her great granddaughter would give birth to a fag named OP kys

>>49655226
>>49655341
someone's portfolio not do well today ? D:

>>49646344
HOW DO I WIN. 4chan is just like reddit now. people complaining and arguing. Solution please. Rage quit?

>>49646691
>>49646947
I can definitely see Logan Paul doing the Mussolini crossed-arms-and-nodding

>>49646888
checked kekd

>>49646344
can't wait for society to collapse

>>49647875
If shit hits the fan, I'm doing this. Already thinking up some long pig recipes.

>>49647537
I am the same age and feel the same way. I have lost about 50k in investment since this January but watching this market get wrecked and creeping realization of the masses is a hoot.

zimbabwe

>>49649236
AI is genuinely not going to happen in our lifetime. We've basically abandoned the pursuit (because we have no idea where to begin) and are now just doing things like machine learning which is to AI what a magician is to a wizard.

But basically, nobody in the industry will point that out because it's a massive hype generator for the tech industry to have rubes convinced that we're about to engage in modern magic and create a god-like intelligence.

>>49655134
whatever grandpa, if you wanna get into incremental arguments like this then there's no point in discussing generational differences at all. We saw the general trend is all, you cant deny information technology has become much more widely adapted in the last 2 decades. Just because we weren't there for the genesis doesn't mean we're clueless.

>>49655275
It ended with dubya jr in 2001, shartmerica was just too high on copium to notice until 2005.

>>49655180
what does that mean? we produce less goods?

Honestly, it will be worth it to watch the boomers break when everything rugs right as they are about to retire.

GET FUCKED CUNTS

>>49646344
IS THE DOOMER GONNA CUM TO HIS FANTASIES?

>>49656037
Two more quarters.

>>49646344
This except unironically.

>>49655577
When you're on fire, scream and yell. When everyone is on fire, pretend to be the LEAST on fire and laugh.

>>49646475
things get expensive so people spend less on luxurys, thats it

>>49646371
gonna be worse than 2008 but not a Great Depression
>inflation eventually forces fed to seriously raise interest rates
>raising interest rates triggers hard recession
>recession leads to 10+% unemployment and selloff of stock market
>unemployment leads to crash in housing market
>housing market crash leads to crash in banking
>commodities, mining stocks, oil pump hard
this will last at least 5-10 years. We wipl see anywhere between a 50-75% retraction depending on the index. housing will be hit hardest

>>49656177
so if i can manage to keep my job and keep dumping into my indexes over the next decade this is a net positive for me

>>49654221
>did they get an ARM loan? no one even does that now.
Lol lmao
>At the start of this year, when rates were still hovering near record lows, the ARM share was just 3% of all purchase applications. At 11% that is the highest share since March 2008.

>>49653377
96 here, glad you brought this up because I talk about this shit all time when generations come up. 96-99 is the lost generation and you can't tell me otherwise. Millenials think we are zoomers and zoomers think we are millenials all the while having front row seats to the degeneration of society and having absolutely zero capability to do anything about it. Zoomers are to young to know how quickly everything changed and millenials are old enough to have somewhat decent coping skills for the change that happened. But 96-99? Young enough to be defenseless to it all but old enough be conscious for it and understand what is going on. Absolutey let down by the structures which make up our nation, our states, and our communities.

>>49656368
96er here, agreed. Its fucking wierd.

>>49656282
Yup it's an effective normie strategy. I'm waiting for the big dump, then I'm starting DCA in BTC, healthcare, and alternative energy

>>49655275
No, it died when he got re-elected in 2012. The Mayans had it right all along, welcome to the Kali Yuga

>>49646344
when hell?

>>49646371
>metaverse: dead
>nft: dead
>crypto: dead
I think we should all consider opening a restaurant or some safe passive income.

>>49656460
Now.

>>49655789
If software neural nets aren't conscious then your wetware neural net isn't either, retard

>>49652076
The idea that "voting doesn't count" is a normie meme to deflect responsibility for the fact that they are responsible for all the mess that they have created.

>>49656478
finally

>>49654421
Women and women alone are responsible if they cheat.

In any just society, it would be legal to brutally kill a cheating wife

If you don’t own a house now you never will.

>>49646371

>>49656475
nfts need some other use besides being part of some crappy game, maybe do something like what lovelace is doing to give nfts a real use like experiences or smth

>>49646516
whoever he is, i hope he makes soda made with high fructose corn syrup highly illegal, as well as drinks/food packaged in plastic. punishable by tomahawk missile to the dome.

>>49653064
If it comes to an end, then the NEET life at least was worth while it lasted. Live free, die free

>>49656642
if you own a house now you wont soon

>>49653477
I was born in april 2001, I remember that day. I was sucking on my moms fat tits and watching max & ruby on the big box tv. She flipped it to the news while she was making me some eggs and I saw the second plane hit, shit was crazy, dropped my sippy cup because of that and fucked up my best shirt

>>49654179
>>49655275

niggers get a room god damn, you truly are the special generation

>>49656282
who in pic

>>49646344
>SINCE THE 1930S
newfag we way past that shit

>>49657089
me

>>49647188
Just rewatched this epic btfoing, all hail king yusuf

>>49657112
can I have your instagram @ baby

>>49653347
this. and we are due for one. 9/11 and 2008 are the other two

"Recession" never effected normal people

>>49657158
I'm a man

>>49647233
That’s a crunch not a recession.
A recession is when boomer management can’t pay the bills on their three house loans so they lay off their millennial wagies.

A crunch is when there’s a shortage.

>>49657190
Why do you look so feminine

>>49655789
Convergent evolution debunks this. Give a large enough neural net a large enough dataset and train it for a general goal and it will develop general intelligence separate from that goal.

>>49653198
Technically a Zoomie.
But you get to hang out with the tail end millennials.

>>49657295
marvel tier larp, real ai is impossible

>>49657226
anon I think you may be gay

>>49657328
It's already happening

>>49656697
Are you reading my mind?

>>49646344
No, they all think we are about to be in the worst recession since the 1930s, and they are about to miss the most epic pump in history.

>>49656449
>>49655275
>>49655844

>>49657333
if that beautiful creature is a man then color me gay, whatever word you want to use. You a are a beautiful woman in my mind

>>49657369
It's not

>>49657425
You realize that's the mini version right?

>>49653347
>Improve

>>49646344
I see much less traffic on road

>>49650921
Being a zoomber is kind of bliss because at least I don't really know what I've missed out on
>>49652288
America is Rome 2.0 and we have been ever since the end of WW2. As soon as America shits the bed you will feel it.

>>49646417
i'm gen x and i wish i invested in the market back when it wasn't a meme prior to the dot com bubble burst. i wouldn't be wageslaving today. all i had to do was buy the dip for the next 20 years every few years. this year is no different lol

>>49650730
>What are the chances of them being a Desert storm vet?
No offense anon but there is zero chance that it will come from US, zero. Hitler was a veteran from Ww1 from the loser side, while US had some defeat since ww2 none of them is even compared to what Germany lost in Ww1. Besides US military doctrine is spam air support until everything is leveled, US military never knew the stress of supporting positions without air support since ww2. If anything Hitler would probably rise from some of the countries that US invaded, and it's goal would probably be do to the Americans the same thing that Germany did to jews

>>49657551
I was born in 93 and this all applies to me

>>49646344
Again???

>>49646721

>>49656175
And then that means corporations start to lose money too, right? Since stuff stops getting bought?

>>49656552
Since the first day US decided to play the world hegemony this was bound to happen, in a way it's true that voting doesn't matter, there was only a way that America would fall and it was fast and hard

>>49652913
All those things have happened since gay marriage has been legalized.

>>49654638
mutt's law

>>49657551
I would never vape or wear that sperg haircut, my beard also grows entirely because i'm not genetic refuse. rap is degenerate trash.

>>49658731
that's the joke

>>49646344
>>49646371
This isn't even going to be anything near as bad as what's coming in the 30's. Companies and banks are extremely cash heavy right now due to the supply being blown up. That's going to propel us into a retarded bull market through the 20's before it REALLY all falls apart. Just go look at Weimar to see what happens to equities when everyone is holding cash after a recession that only lasts 2-3 years. I hope you're all ready for that when it comes, don't think this is the big one by any stretch of the imagination.

God damn why did I have to be born in this fucking age, too late to enjoy the peak of western civilization and too early to enjoy the true future

>>49653198
Zillenials

>>49646582
>sell their home
oh those poor bastards
they're gonna find the hard way
when rates go up and credit dries up, demand and house prices fall
and this time fed is not gonna pump more money to the markets
instead it's going to be a giant sucking sound

>>49653347
you're stupid for not accounting for political instability, everything past the crash is up in the air

Cosby voice: "OOOOOH GOODY"

I'm a recent college grad who just started his first paid internship. I have no savings of my own but my mother has savings and so does my girlfriend. How can my family protect itself from the coming collapse? (which I think is obvious is coming. I just had dinner with Curtis Yarvin yesterday and he said too it's actually happening). Do we just buy gold and wait it out? Stockpile food?

>>49647537
youre on a childrens cartoon forum. shut the fuck up you sad loser

>>49659056
Who the fuck is curtis yarvin and why are you so eager to namedrop him

>>49648464
It's going to be a young GenXer we have seen how nice the world still was, became interested in alternative viewpoints during puberty when all of our parents were becoming the uber liberal boomers you see today -while filling their pockets with everything our countries produced and voting to remove it all for us out of self centered guilt. You don't begin to understand how much and how deeply GenX hates Boomers.

>>49646344
>I will still order Über.
>I will still receive DoorDash.
>I will still stay at Airbnbs.
>I will still use FaceBook to shitpost.
>I will still use Merrill Lynch to invest my 401K.

Cry more bitch. The great depression won't happen again. The USA is a net exporter of food>>49646344
. It's a bear market but it the third world will feel the brunt of it. Not me.
I will be comfy in my 700K apartment ordering food. Fuck you dumb bitch hahaha

>>49650993
Get outta here with your calm rational viewpoints

>>49648464
>>49646516
>hitler
It's Lenin time retards.

Recession?

>>49659178
Moldbug, wtf is wrong with you

>>49647413
What are you, an anti-semite? BIGOT?
The banks can't fail. It's a grave national security risk. If the banks fail, then the US collapses and the world may actually have just a chance to be a better place.

We can't have that. It's too risky.

>>49646888
They're crashing everything with no survivors. What do you think happened to commodities in 08 and the 30's?

>>49659361
>some /pol/-tier blogger
Wow a true a-list superstar my apologies I should have known

>>49656069
>about to retire
Maybe the youngest ones most have been retired for years with paid off houses and pensions

>>49659225
Ironically enough I'm beginning to lean towards this retarded anon's conclusion. When you have people cheering on both sides of an extreme, the truth is usually somewhere in the middle. There will be some hardship but I seriously doubt the floor is about to fall out from society (but by all means prepare for that eventuality).

>>49651103
I was around 3rd grade too and I didn't know what the big deal was, so what some people died and a building got rocked, happens all the time.

>>49656177
you're assuming everything in the world will be okay, we're living in new paradigm. Look they were willing to do over a fucking flu. We're on the edge, some other mass event is bound to occur that will knock us right over. Most likely the Russia conflict spiraling into a world war

>>49659354
>Israeli Shekel
how in the fuck

>>49659056

Yo what did you all talk about?

>>49653064
Just start a garden and buy some chickens, you'll be fine.

>>49659764
that sounds more reasonable than most things i hear. i think there will be massive psychological pain, but people will largely fail to realize it'll only bring us back to 2018-9 levels in the markets.

>>49646721
>https://en.wikipedia.org/wiki/smegma

>>49659862
I live by the rule that things almost always never get as bad as we imagine they will
>chinkflu could have been way worse both illness and government response-wise
>russia and ukraine will end with russia getting eastern ukraine like it always intended
>the only truth is the return to mean
the recession and inevitable crash is completely due to cheap money policy which as been in place in the US since 2007. US being the reserve currency means effectively the entire world has been on a spending binge the last 15 years. the crash will hurt but is necessary to make things healthy again

>>49658858
Exactly right. Every major corp is cash-heavy. Problem is, profits are way down and it is all lopsided, which brings a whole new set of problems.

>>49659894
Are you crazy chicken fertilizer is up 43%

>>49652711
>literal attack on congress

>>49646475
Niggas is broke muh nigga. Dey needs gibbs fo dey chirrens and shiet.

>>49659888
Trips deserves an answer. A bunch of stuff, really. The fall of the Roman Republic and Empire and parallels with current US politics, Bitcoin, Austrian economics, his writings on rebooting the US government and substituting it for a corporate Monarchy, etc. Very Moldbuggian stuff. He said that the world is headed for a major shitstorm because of the printing press shenanigans and that the entire financial system is a sham ready to implode. I wish I could give you more details but I assume you know how he talks, some things he said flew over my head or were just implied and left for interpretation

>>49659764
It's most likey going to get worse than 2008, but not anywhere close to the 1930s.

A lot of people will lose their jobs and struggle to pay their bills. A lot of people will low paying jobs will struggle to pay their bills as inflation rapes their purchasing power. A lot of people will have their pensions and savings wiped out. A lot of junk companies that have been held up by QE will go bust. And when we have been through a few years of pain, we will come out on the other side with a healthier economy

>>49656718
>If it comes to an end, then the NEET life at least was worth while it lasted. Live free, die free
This is the mentality I've taken up about it as well.
https://files.catbox.moe/jjlr7c.webm

>>49646344
>Next CPI report shows inflation at the target ~2% rate
>Russia and Ukraine sign a treaty and end the war
>Earning reports return to normal and supply chain issues are resolved.
>The stock and crypto markets immediately bart back to november levels
>Bobos get liquidated before they even know what's happening

>>49660074
>his writings on rebooting the US government and substituting it for a corporate Monarchy
Sounds like an ultra retarded chud.

>>49660154
And then you woke up

>>49651103
Same nothing ever got better.

>>49646344
And this is why the next big pump will be fueled by the same dirty, but very effective trick as after the 29's crisis : a World War.

Mark my words.

What's with all the blackpilling today? Did I miss something?

>>49660278
Bitcoin is hugging 20k and FOMC is today. If it's bad, Bitcoin drops below 20k today and the real bloodbath begins

>>49646344
>NORMIES STILL DON'T REALIZE THAT WE ARE ABOUT TO BE IN THE WORST RECESSION SINCE THE 1930S
What?

Mostly everyone knows that a recession is coming and it's gon be bad.

Have you left your basement lately? Also you should feel bad using a cringelord term like "normies."

>>49651292
>Voted for lockdowns.
Even though they didn't vote for them they may as well have. On day one I looked for protests or groups against the lockdowns and found jack shit.

I was so pissed I wanted to kill my state's senator. When I saw that no one else wanted to drag politicians into the streets and kill them I realized two things.

1. Killing politicians and declaring war against them would be morally wrong because no one else wants that.
2. In terms of political views, moral beliefs, and principals, I have basically nothing in common with the rest of humanity.

>>49660393
>Also you should feel bad using a cringelord term like "normies."
You're right they should just be called normalfags or normalniggers or no brained nigger cattle

>>49646475
An investment opportunity

>>49653347
I would legitimately predict some form of civil war in the US in that scenario

Red Team/Blue Team is all fine when everyone's making money but once that stops I wonder how happy they'll be to politely disagree

>>49660074
Why did CGY have dinner with you?

>>49647521
>Jews killing free markets so you give up your freedoms
Yes capitalism is the problem

Ffs. I’m 26, still don’t have a decent job, my cryptos are rekt, I have $30k in student debt, my parents have a $550k mortgage that they can’t support on their own, and my older brother is badgering me to buy a house on a mortgage now because house prices keep rising, and now you’re telling me there’s gonna be another Great Depression?