/biz/ - Business & Finance

>>49661533
Damn, never knew laggard was a chinlet. Crusty old bitch.

>>49661560
Evidently a mouth breather, not suprised

Governments are supposed to print the money, not borrow it.
Just kill the fucking jew parasite already.

this bitch is absolutely clueless. saw a recent interview with her on dutch TV, my god she is way way dumber that her (lack of) actions suggests. how can someone so clueless get into a position like that. she will be the know as the one who ruined the euro>>49661533

>>49661624
she's not clueless, she's a devil and knows exactly that she's fucking everyone

>>49661533
Never selling!

>>49661533
What a disgusting jew nose

>>49661624
Puppet every single one.

>>49661533
they are going to hike rates and come up with some new shenanigans to help PIGS at the same time

we'll see

somehow putin will be blamed for this

>>49661533
This is bad news mid - long term mate. Of course we'll get a little relief rally but that bitch will propose Schrodinger's QE to backstop spreads. Against the treaties as it is in essence monetary financing of the Garlic Countries. The Garlic Countries have proven time and time again that they are not able to reform (even with Draghi) and thus better suited to form a monetary union with likeminded countries (Venezuela and Somalia for example).

So now we have to bail out Club Med again. It won't be free this time and demands will be set (which will not be met). We will see a political crisis in the south (like every other year) and some retard will take office after Draghi.

TL;DR: short term rally but long term this is throwing in the towel. Club Med will be needing bail outs for the rest of the (probably short) life of the euro. Tensions will rise and inflation will not be subdued. EUR/USD parity is the least of our problems.

We are witnessing the dead throws of the euro right now.

>>49661832
Schrodinger's QE. I essense eurobonds but only for Club Med. It is absurd and illegal in all treaties. But of course TINA. The EU is a union of losers and criminals. Losers like Italy can demand whatever they will and nobody will ever penalize them. I love the country and the people but my god how did we end up in a single currency with them?

>>49663261
As a europoor how do I protect my assets from euro collapse and this inevitable doom?

It could hyperinflate and it still wouldn't be abandoned. The Euro won't die before Europe dies ... these are the deaththroes of Europe.

>>49661533
Interest rates are already at zero and inflation is skyrocketing so they can't print more money.

They literally can't do shit, lmao

>>49663353
Buy gold, have boating accident.

Also just go on a vacation to the US and then find an illegal job there.

>>49661624
she was handcrafted for hwd (humongous white depopulation)
she will starve and clotshot every single white european

What can the EU do though? Even if the €-countries acted as a whole (lmao), it feels like we're completely fucking powerless. It seems like we're so dependant on every single other big player, that we can't even become burger vassals. Not that this is surprising, but I always thought there was some weird twist to it, other than flat out wilful ruination of the whole continent.

>>49661533
>economy doing bad and people get laid off
>they do nothing
>price for a loaf of bread goes up 3x
>they do nothing
>people losing their homes
>they do nothing
>wages go up
>"Woah why are the wagies screwing up the economy settle down or we will have to do something about it!"
>gas goes up 3x
>they do nothing
>inflation going up hard
>they do nothing
>inflation goes down 1% after going up 10000000%
>"Woah now see this is why we don't have to do anything it'll fix itself"
>inflation goes up 10% a month later
>they say nothing
>stock market goes down
>"WOAH WHAT IS GOING ON WE CANT LET THE "ECONOMY" CRASH!!!"

>>49663353
As I am being paid in euro's which are quickly going to lose their value and the markets are probably going to shit for a long time, I started buying physical metals. I don't see it as an investment necessarily but more as a way to keep my money save.

There is another risk; the ECB and EC won't back off easily and will do everything to preserve their job, honour and secondary the eurozone. We are going to see some hardcore financial repression as the EU/ECB will opt to take "irrational markets" out of the equation. Examples are the introduction of the CBQC. These steps will mean that there will be less freedom to spend your money as time goes on. The earlier you have assets safely hid away from the Big Brother style EU to come the better.

I have never been this bearish about the euro before. The fact that the ECB is surprised by the current spreads and even calls them irrational shows that they are idiots. I mean Lagarde is a politician and a criminal!

>>49663372
negative inrerest rates.

>>49663458
>What can the EU do though?

Federalize, single EU wide government, ration fuel and food to keep necessary parts of economy going (agriculture, transport, food, energy).

>>49661533
>You didn't sell the bottom, right?
I was down -9% yesterday with my portfolio of EU / US dividend stocks. Didn't sell anything, spent the whole day tending to my garden and not even looked at stocks.
Off to do more gardening now.
I expect a bounce today after the Fed announces they stay the course with 50 bps monthly hikes. Bitcoin will continue to get raped as it is essentially worth nothing, stocks will recover.

>>49663372
Backstop on BTPs my man. The ECB will be in the business of buying perifery bonds for the next decades while the rest, that didnt mess up their whole economy, will pay the price. If you think rewarding being a loser will go down well it the overstretched northern taxpayers you are wrong. Instability will rise as the ECB will circumvent treaties and Italy will be bailed out again.

>>49663353
Im moving my most of my €s to the sterling in the UK. I know the island is also fucked but I think by virtue of being an American client state it will not be as terribly hit as the eurozone

>>49663512
An EUSSR is not on the table yet. Northern taxpayers will never agree to a common credit card with a junkie addicted to free liquidity.

>>49661533
>implying whatever they do is going to be bullish
Those EU bureaucRATS wouldn't be able to pump the market if it spread its cheeks right in front of their face. They'll just tax oil companies again and plant more trees

>>49663512
>Federalize, single EU wide government
Oy vey that's literally Germany taking over Europe. I know we're in a world war but can you do something different this time it's getting old

>>49663512
>What can the EU do though
They could, for a change, deploy a EU-wide initiative that governments should f*ing get their act together.
The crisis gets exacerbated by needless inefficiencies of all kinds. Long queses for security checks at airports, long waiting times (were talking 4-5 months) for any paperwork you need done, long waiting times for ships at ports. This can be solved immediately by putting 100% of resources on the things that have backlogs while cutting radically where its not needed.
Customer confidence and implied economic outlook would immediately improve if people finally get back their quality of life and dont have to expect bottlenecks everywhere.

>>49661533
No,i didn't sell at 12k, waiting to buy

>>49663261
Well, well, well.

>>49663261
Club Med here, so the party continues same way as before?

Time to bully Ireland again lads. Europe is too broke to do anything about it and the US president doesn't know what day of the week it is.
Opportunity of a lifetime.

>>49663733
I hear a famine is coming up. Could be a good time to take a second look on all of those tatoes they're hoarding

>>49663353
Own nothing, be happy :)

>>49661533
Explain debt to me like im a retard
who the hell are governments "borrowing" from? the illuminati?

>>49663631
You forgot people here became lazy, its going to 0

>>49661624
Well she was educated in america

>>49663542
>will pay the price
And what would that price be? What does it cost you, as a let's say Dutch citizen, if the ECB kept buying Italian bonds? Now calculate the cost of letting Italy implode and tell me which is bigger. Numbers please.

>>49663785
Jews. Every country has a central bank that loans its currency to the government with interest, of course. These central banks are usually ran by some form of kike.

>>49663631
>long waiting times for ships at ports
That's just a worldwide supply chain problem right now, all the ports are confused because they have too many or too little drivers/lorries/containers/space etc

>>49663631
France has the presidency right now and is both a net contributor and the worst offender when it comes to healthy finances outside of the PIIGS, will never happen

>>49663777
C-Cheked

>>49663631
Don't know about intra-european shenanigans, but in Germany we're completely infrastructurally fucked. Even if we wanted to redistribute our resources to improve QOL, we couldn't because we lack proper hardware and qualified personnel of any kind. If the crash really comes, I hope Merkel lives to see it.

>>49664089
I thought Merkel is a good girl who dindu nuffin. It's this new guy who ruined everything, no?
t. don't know much about Germany

>>49664134
Merkel is a dickhead who was trained ideologically to destroy Europe when she was very young. She deserves to go to Hell.

Germany's economy has been running on cheap labor and larger industrial base than the rest of Europe, and also complicite ECB and Comission to vampirize EU industrial output and sell back this output to the rest of the EU.
You can guess how bad it will get when no one in europe buys their shit anymore and their output is reduced due to green policies.

>>49664134
There is not a single aspect of this country that didn't get worse or even improve during her 16 years. You can ask other Germans to name one thing she did right/improve for each of her terms (4) and they'll always fail, because it is impossible. If you're generous, you can even let her have the refugee crisis, the handling of the pandemic and phasing out nuclear energy as net positives (lmao). She used to have good relations to russia going for her, but we know how that ended. Other Germans (outside of 4chan) won't admit this though, because of normalcy bias or because they are too far down the divide and conquer and resort to 'others would have been worse'.

>>49663261
Pay up like a good boy.

>>49661533
maybe the euros could just ask russia to bail the euro out

>>49661533
is that the bank with 0% rates still going when inflation in its continent is on average a two digit figure?

>>49663731
Till it doesn't. And this time it might not be unconditional. Is essense we are going to pay taxes for you and we are going to want a say in it. That will hurt Sourthern pride risking populist reactions.

>Europe tries to crash Russian economy
>crashes their own in the process
lmao, based asiatic mongols destroying the (((West))). Putin is unironically the saviour of the white race, only a total economic collapse might wake whites from their stupor.

>>49663261
"death throes"

>>49664642
Lmao no, modern huwhites will just vote commies in when things get rough. It's when commies fail, that's when you will get a better generation of huwhites

>Sanctions have never worked in the past
>at best they have escalated situation
Oh I know! Lets try sanctions!
>doesnt work
everytime

Incoming:
>some bullshit to prop things up for a few weeks
>force ukraine into submission to try resolve things

>>49663915
Calculation say the ECB would be required to absord 30 billion in bonds a month. This will inflate the euro further and the increased money supply will put pressure on inflation. Apart form that it will keep Italy out of the wind, giving it leeway which is supposed to buy time to reform. Italy has proven time and time again though that it is impossible to reform. Elections are around the corner and a populist swing is likely. In other words, this situation has been proven to be self sustaining.

Simply put:
>1. bad economy
>2. increasing interest rates
>3. pressure to reform
>4. QE starts
>5. pressure to reform taken away
>6. QE "ends" (YOU ARE HERE)
>7. withdrawal symptoms and a heavy negative shock as economy is zombiefied and unhealthy due to lack of market functioning
>8. QE infinity

QE infinity means the ECB will eternally finance Italy which will have a bloating debt and will be in worse state the longer this continues. The eurozone will be in continues state of crisis and instability as risks spill over. The euro devalues increasing currency risks which increases interest rates which means more QE is needed. Apart from that, if Italy decides to do the smart thing and default (or exit the euro) it is the rest of the members that are left holding the bags.

If the EU decides to rush into a full fiscal union shit might be even worse. That would mean other members states' (or provinces then) taxpayers will have to fill the holes and deficits and your debt is theirs. It's like opening a credit account at the bank with a heroin junkie.

>>49663261
Germoney will pay up and you VILL be happy.

>>49663943
the worldwide supply problem is CAUSED BY the currency crisis. if you can't see it by now you must be blind

>>49661533
COPE!!

COPE HARDER LOL!

>>49664726
I don't think US will allow Ukraine to fold until Taiwan kicks off. Can't allow Russia to get involved in that war as well. That's why you see US officials franticly try to escalate the Taiwan issue, they need to kick it off as fast as possible

>>49663562
i dont think we have a lot to agree or disagree too.

>>49664838
>worldwide supply problem is CAUSED BY the currency crisis
China locked their ports down for months due to "covid" just now. Their capital is getting locked down now. It's economic warfare

>>49664468
uhhhh anon that's burgerland lol
the only "country" in history which thought it would be a great idea to have 0% interest rates kek

>>49664813
It's not even about us paying for you (not German btw). It's about the eurozone going into an eternal debt and currency crisis with the euro slowly falling on the world stage. Nobody wants that.

A federal and fiscal union sounds like a free money source to the average europhile Italian perhaps but long term it means Italy will have no say in its own economy. As the weaker link it can literally be forced to reform (to a certain degree) using federal laws for handouts.

>>49664885
As long as the EU is not a federalist state and we haven't given up our veto we can always force a no.

>>49664981

Reforms dont happen till recession happens and something breaks but they cant prevent it.

They always do everything in their power to prevent it art the cost of an issue later till they cant. There hasnt been a single recession followed by reform that was seen coming.

The EU are sitting on their hands because their major issue right now is US policy, which is basically the same for Japan. The dollar is getting too strong for the way post 2008 markets and economy works and like early into the 2020 crisis its becoming a problem. The US are aware if this.

>>49665038
Agreed. And that is why they will let the recession hit this time while trying to soften the landing (which the ECB is going to fail at). The backstop on Italian bonds will be a big part of this, albeit illegal in all treaties. Let's see how it plays out but I am putting some money in gold.

Holy shit, this place has turned to shit in the last 5 years.

>>49665152

Maybe thats their idea(which fails) but i dont agree there. The EU have proven like everywhere else, to be masters at avoiding a recession that is seen as a possibility at the cost of fucking up everything later. The last two recessions were basically blindsided. In very skeptic atm because all this talk of an obvious path to recession. I really feel like they’ll suck inflation dick if tit means avoiding a telegraphed recession at the cost of an EU explosion at the end of the decade.

>>49661533 I'm on the edge..

>>49664981
>It's not even about us paying for you
I'm not a med. I just love it when they JUST you retards and cause you to seethe. That said yeah federal Europe isn't happening anytime soon. Nothing is going to happen to the Euro though despite how much you cope.

>crisis meeting because Italy is fucked
>euro climbs

I can't even.

>>49665342

Because market is expecting them to intervene

>>49664947
that's literally the european bank rate right now

>>49661624
>. how can someone so clueless get into a position like that.
Because in a bull market she like everyone looked like a genius. So girlboss got her way into that high job.

>>49663353
Buy US short term treasury bills. Roll it over constantly. The 52 week t bill is 3% right now and pays in USD. You arent going to get rich off it but your money will be safe and protected against Euro depreciation.

For a good chuckle read this piece from september 21
>https://www.ecb.europa.eu/press/blog/date/2021/html/ecb.blog210914~a514f7c553.en.html
>There is not the slightest indication that the current monetary policy will lead to permanently higher inflation, let alone bring about hyperinflation.
and then the most recent ECB blogpost
>https://www.ecb.europa.eu/press/blog/date/2022/html/ecb.blog220523~1f44a9e916.en.html
Surprisingly they don't even blame it all on Rus-Ukr.

>>49664767
>>49664981
>>49665516
If euro explodes will I as a dude from Poland be affected? I know due to my country's geopolitical position we will get fucked to a degree, but I'm asking is my currency (PLN) safer than euro? I'm also considering buying USD to hedge against bigger inflation here, would it be stupid to do so?

Hah the sand niggers are going to outlast that failed experiment.

>>49664572
That's OK, our own boomers have hurt us much more than other Euros

>>49665751
Oh didnt even realize poland doesnt use the Euro. Guess you will eventually. No idea if your currency is safe, id keep a little in polish money to spend on daily needs but other wise do a mix of 4, 8, and 13 week t bills. The issue with bonds is that the face value is dropping right now, but if you hold to maturity it doesnt matter for you since you get full face value plus a yield. Just keep rolling over the t bills. I dont know if you can buy them directly or need some investment account to do it since you are in Euro. Otherwise holding USD will be fine.

>>49665751

If the euro explodes all of Europe is fucked but especially the eastern block.

You'll probably be sucked up by Russia.

>>49664981
why so dramatic

it was obvious that eurobonds were the way to go back in the last sovereign debt problem. and the norf is going to have to pay for it. because they have so far enjoyed the immense upside of the euro. namely the fact that the south has kept the exchange rate down so the norf can export and trade surplus. that advantage would not have happened if the norf kept their own currencies because of currency appreciation. so it is only fair to shoulder most of the burden now.

EUROBONDS NOW

>>49665892
The EU has to actually invest in one another and not have every state act as an export market for the Germans.

>>49665835
Thanks, I will look into that properly since I've never bothered with anything other than crypto since I never had any kind of savings.
Also where do you get all of the economic info from? Is there some kind of ytber or do you get it directly from news outlets
>>49665869
Sure bro, Russia will annex us afert they are done with Ukraine. My estimate is more or less 2 weeks from now

>>49665892
just devalue the euro. Problem solved for everyone.

>>49663444
>Giga checked
Truthpilled

>Piense que eso es el bajo

>>49665988
>Also where do you get all of the economic info from?
Bloomberg, Fox business and CNBC are unironically all ok. Just dont make trades off what they say because they generally bring in 3-5 people to say each thing, some as bulls and some as bears. But they will cover everything and show you the numbers.

>>49663785
>>49663923
the key understanding is that these jews do not have this money, it is not part of the supply but freshly printed on demand. this inflates the money supply, devaluates the currency, makes your saving worth less and your prices go up.
they are "borrowing" from everyone holding the currency including the next generations but everyone knows it can and will never be repaid and if you want to know what the only possible endgame is open a history book.

>>49663556
I am also doing this

>>49661832
I give it week and news how souther eu will be going bust. Then printers will fire up again.
But inflation will eat us alive. By winter we start to learn how wonderful country russia is and how actually they have made great progress since 2000. Ukrain is corrupt shithole run by cocain addicted dictator and his nazi death squad.
That way we kick that can down the road another 10 years.

>>49665988
Most of Europe will be centralized under Germany and the rest will be centralized under Russia. It's WW2 all over again except with less dying hopefully

In 10 years Brexit will be seen as a genius move.

Also, am I safe in Switzerland? I moved here to get away from this shit, but I am starting to think that it is impossible to protect yourself.

>>49666315
The only upperhand Germany has over EU is their economy. Once it's gone they can't do shit since their army is a joke

>>49666327

Its already seen as a genius move to everyone except for “MUH GREEN ENERGY” and “NEIN NEIN NEIN NO YOU WILL NOT EXTRACT THE 50 YEARS WORTH OF SHALE GAS IN THE MIDLANDS, DRIVE A TESLA INSTEAD!!”.

The bank of england is free.

>>49661533
Look at that sniffer, oy vey

>>49663562
You think we have choice? Also the EU is extremely popular in Northern Europe (ever since it got infiltrated with activists). If you don't like the EU you are a racist nazi.

>>49666429
racist nazi here, fuck the EU

>>49663915
>why is it bad to print money during inflation

>>49661624
We have reached a stage where the lies and the delusions are so big that the only way to be promoted in this system is to be against facts and instead only regurgitating the official propaganda.

>>49663261
Not my problem

>>49664642
I wish there was still a single journalist left in this "union". Because the first thing a real journalist would do is to ask europeans politicians how they possibly thought they had the strength to attack Russia.
Now all we have is propagandists.

>>49667380
They still exist, but they obviously don't write for MSM and after a while don't get to ask any questions at all anymore, because MSM campaign against your access to offcial press conferences.

>>49661624
>she will be the know as the one who ruined the euro
and thats a good thing
a country needs to issue its own currency

>>49665835
>face value is dropping
face value does not change, only price

I would like to see any european buying treasuries directly. It is easier to buy bond ETFs.

>give money away at 0 interest rate
>"oh shit there's inflation now we better stop"
>continent already averages 100% of GDP debt
>everyone running for their life trying to refinance their debt
>it becomes a pure bidding war as all the countries use the same currency and are pretty much the same
>euro implodes
>EU implodes
>half the continent goes bankrupt and the other half becomes almost just as poor
Anyway what's the best way to learn Chinese?

>>49667672
>Anyway what's the best way to learn Chinese?

learn the alphabet first manually then duolingo exercises

>>49667672
>Chinese?
China is even worse than EU/Burgers dude. They just do retarded stuff all the time to save face.

>>49667953
like sending 50 billion to hohols?

>>49667992
No one in the west used the word hohol dude. It doesnt even translate to english. Anyone using it is ESL.

>>49661624
This implies that people in the future learned anything from past actions, i very much doubt it

>>49667914
Ha. Bú shí

>>49668062
Its use on imageboards goes back all the way to og krautchan days.

In June 2022, the markets briefly had a wet dream about world governments returning to sound money.

>>49661560
all my real niggas like they girls with nicely defined chins

>>49663261
>>49664572

>Be Germany
>Fuck up what should have been one of the most positive transformative events in European history
>Have hilariously unbalanced economy because of trauma from reunification
>Force southerners into a currency union
>Hold their economies captive so you can flood them with capital and goods
>Complain when their economies are no longer competitive

Just give your workers a fucking pay raise, Hans. You people have a third-grader's conception of economic progress.

>>49661533
Where's her chin?

>>49668062
hohol faggot spotted

>>49663556
why not CHF swiss franks?

>>49668062
>doesnt even translate to english
What do you propose, we go back to cockhole instead?

>>49666370
Once Germany's economy is gone your shithole of a country is too, nigger. Do you even realize that?

>>49664981
>the euro slowly falling on the world stage. Nobody wants that
im a yuro who gets paid in usd
i very much want the eur to fail
once we break through usd parity im gonna have a party

>>49668308
pegged to euro and heavily trade dependent on eu countries

>>49667672
Dude, With English, you will not have problems in China, you need it if only you want to impress the locals and gain respect for yourself, but this is important if you are only a big businessman yourself, but in this case you would not be sitting in biz

>>49668230
The collapse of the USSR destroyed Europe without irony. Germany became overconfident after that, recruited a bunch of Eastern European countries into the economic union that were not ready for this, and with its active expansion eventually led Europe to a conflict with Russia, which Germany did not want, but which was inevitable with such a policy.
Now Europe without resources with a bunch of debts with a weight on its neck in the form of eastern and southern Europe and all this is seasoned with conflict with Russia, which the EU has no chance of defeating because it is going de facto on Russian territories.
In general, I will not be surprised that the United States and Britain deliberately pushed Germany to do this, so that it would kill itself along with the whole EU.

>>49669157
It's worth it to destroy Europe if Germany is destroyed, but holy fuck Germany destroying itself because it can't make a tax code that doesn't suck, lmao Adolf is rolling in his cryo-tube

>>49668844
At some point that peg will break.

>>49665751
Short term convert to USD. PiS will use massive deficit spending for the elections promotion. After elections might be good to convert back since NBP has been doing good job raising rates if they continue to do so.

>>49669612
that could be in the 5 to 30 years though.
every 5 years we keep seeing pundit say the
EU is finished

i actually want the eu to collapse but this is getting ridiculous

>>49669715
>i actually want the eu to collapse
Why?

>>49669800
i have a rapid distaste for collectivized power structures.
If you want to be fair i also want America to break up.
More choices equals a freer world

>>49670019
Fair. Not really practical though. The whole reason the USA formed was in order to avoid being conquered by the UK and other European powers of the day. Same reason countries in general exist. Everyone wants as much freedom as they can get, but as some point you got to put your lot in with others if you want to avoid becoming someone else's cuck.

>>49663261
or alternatively, federalization and assumption of debts of the eu member countries, in exchange for loss of financial sovereignty, e.g. moving towards a USA states approach

>>49661624
wow the people running the show are immoral 100% selfish pricks who have nigger tier long term thinking abilities, whodathunk.

>>49661624
What's the problem? What's actually bad here?

>>49670120
And yet European countries were never as cucked by foreigners as they are now...

>>49670921
Same goes for all developed countries. Times change. European countries would be far worse off outside of unions like the EU. Just ask the UK.

>>49661533
Obviously not selling because that would be rather insane. have you considered playing nft games to have fun and earn some income in this bleeding market? That s exactly what I have been doing and its been fun for me taking my mind off the ugly market condition. Honeyland is the most recent I got into currently in its early stage of the project.
I think I will continue with this until the market is good again, neither buying nor selling any token.

It just shows that austerity was the only working measure to fix the PIGS. The ECB bought them 10 years to consolidate their finances and they did nothing and just enjoyed the free money. Now after the ECB bought hundreds of billions worth of bonds from these bankrupt countries, we are back at square one with no improvements.

>>49670205
can you explain this in simpler terms?
sorry i'm too dumb to understand but you seem smart

>>49670205
I could something like this happening in a crisis. Eurobonds effectively became a thing in the last crisis, despite little appetite for them.

When faces between the choice of eurozone collapse and giving up more fiscal sovereignty to strengthen it, the latter will likely be begrudgingly accepted by most. Only issue would be doing this without needed treaties written and passed by each member state. There may not be enough time to respond.

>>49671790
"Italy" will be just a region, its regional government in Rome will get its handouts from Brussels

>>49663631
>They could, for a change, deploy a EU-wide initiative that governments should f*ing get their act together.
>The crisis gets exacerbated by needless inefficiencies of all kinds. Long queses for security checks at airports, long waiting times (were talking 4-5 months) for any paperwork you need done, long waiting times for ships at ports. This can be solved immediately by putting 100% of resources on the things that have backlogs while cutting radically where its not needed.
>Customer confidence and implied economic outlook would immediately improve if people finally get back their quality of life and dont have to expect bottlenecks everywhere.
this is so vague and retarded and handwaving interconnected issues, you must be a communist

>>49672408
>The EU should act more like the US
>You must be a commie
hmm

>>49663444
you can't complain too much about hwd if you're not starting a family and having lots of children

I would buy BNB and _SYS_. There's a lot of talk about scalability and the optimism rollups and seeing sy.scoin combine it with ZKRollups in Rollux, is quite impressive!

>>49664642
It is not like the US economy and its finances are in much better shape tho

I beg to differ on this. This moment is not a sell time and if you can plunge into the dip, just hold. And for me, I think It's preferable to hold what you got or you might as well DCA in BTC, ETH and even _SYS_ when it's necessary. By so doing applying this gimmick has prevented me from wrecking a countless times

>>49663483
> mfw

>>49671934
nothing like a crisis to spur politicians to action

>>49661533
so ECB going to print more money?

That is because it's way much easier to hold when you're utterly convinced about the solid gems you're holding, knowing fully well how fast they can bounce back in the next big cycle. I've got pretty much confidence in _SYS_ & I'll be holding these gems for long-term

>>49674111
It's not so much politicians, as it is the public. Euro politicians are slow on european sovereignty pooling because citizens are too. But when pressed with the fear of everyone getting poorer and less safe, suddenly more sovereignty isn't as scary.

>>49674220
Its also interesting to know that sy.scoin designs the most ambitious, future-proof projects you can imagine without needing to worry about scalability and inordinate fees.
Guess you can tell why I am in for a long ride

>>49663733
Just do what we did to Scotland, "Aw, Ireland are you poor? We'll give you our shekels for your liberty, deal?

>>49663462
Are you retarded? That’s literally how the world works. When the stock market crashes the government prints fiat money to save it. It’s a fantastic scam. Happens literally every time

>>49674386
Ireland was a wealthier nation than the UK per capita even before brexit. And the gap has only widened since then. EU-UK trade war probably won't help either. Tans are deluded lmao.

>>49661624
Reminds me of Moltke the commander of the German army during world war 1, that mentally fell apart due to the stress fairly early on in the war.
This ship is sinking, and i don't think she has the stomach for it. One of these ECB meetings is gonna turn into reality-show-tier meltdown.

>a decent thread apears
Crypto is over huh

>>49670989
That sounds like "fun with statistics." Before migrants would use the EU fast track to get into the UK making them "EU migrants." Now that is risky, might get them stuck in France. Better to burn your EU refugee documents and THEN cross the channel so you get a second bite at the cherry, and this time you're in the "Non-EU" column.

>>49675363
>Before migrants would use the EU fast track to get into the UK making them "EU migrants."
lmao the facing cope boys. You can't travel within the EU unless you're an EU citizen, which migrants aren't. Staying in Germany for 7 years to to citizenship is hardly a "fast track".

What happening here is simple. The UK economy, like most modern economies, is highly dependant on a supply of cheap labour. Bongs are not willing to do the low skill jobs themselves for shit pay, so the door is opened to immigrants who will.

Not that the UK ever took the brunt of migrants in Europe anyways.

>>49661533
Europe is so boned.

>>49661533
lol better badmouth crypto some more, you fucking mummy

Bottom, top, left, right I don't give a fuck. Only investing in projects that are GMI like Hedera and I'm going to hold till I'm rich as hell. The foundation is putting billions of dollars towards growing the ecosystem and the tech is undefeated. DYOR

>>49674611
KEK tell me you don't know what you're talking about without telling me you don't know what you're talking about.

https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)_per_capita

>>49661624
She's there to do what important people want her to do, not to independently formulate monetary policy

>>49675656
I never mentioned GDP, you did. As your own screenshot tells you, Ireland economy can be compared more accurately if you measure GNI per capita, as this removed low corporation tax distortions. Still still puts Irelands economy well ahead of the UK, even before Brexit. And since then the gap is only widening further.

>>49675847
The EU were obstructionist arseholes during the Brexit transition and it's still going on. The obvious and logical thing to do was to put britain on the "non-eu" import/export procedures except that would have been too sensible and gone too smoothly. Instead they started making up rules and inventing forms and procedures they pulled out their holes that UK exporters had to conform to just to make the transition go as badly as it could. Naturally this all fell apart because quite obviously the ports had no fucking clue how to process these new forms under these new rules. But commerce finds a way and within weeks shit was flowing again. But every other week some new wrinkle floats across my desk and I have to adjust something based on some arbitrary NEW reading of the rulebook that the ink is barely dry on.
Brexit sucks because people are determined to make it suck both here and there. It doesn't have to, but so many cunts are willing to cut off their nose to spite their face that you get graphs like that.

>>49668062
Lmao you got them seething with that one.

>>49675847
GNI is a retarded yardstick but if you want to choose that one then you're still wrong because Bermuda, Isle of Man and the Channel Islands are richer than Ireland. Of course that could be to do with the low population of those countries distorting the figures but that's exactly what you're trying to do also

>>49676227
What has any of this got to do what I said? Did I trigger some unrelated brexit rant somehow?

>The EU were obstructionist arseholes during the Brexit transition and it's still going on.
Well yeah, why would the EU go out of their way to make things easy for the UK? Notice your not ranting on how justified the UK was for punishing the EU for their obstructionist behaviour, because the UK has no leverage over the EU. It's only the other way around.

>The obvious and logical thing to do was to put britain on the "non-eu" import/export procedures except that would have been too sensible and gone too smoothly.
Wat. That would basically be no deal brexit. The whole point of the trade deal was to make various things easier than that scenario. What exactly do you think this would have improved for Britain?

>Naturally this all fell apart because quite obviously the ports had no fucking clue how to process these new forms under these new rules.
I have absolutely no fucking ides what you are on about. Are you talking about GB-NI shit?

>But every other week some new wrinkle floats across my desk and I have to adjust something based on some arbitrary NEW reading of the rulebook that the ink is barely dry on.
When the EU passes new rules, the UK has to comply with them if you want to export there. Same visa-versa. Not sure why this seems to be some stunning new concept.

>but so many cunts are willing to cut off their nose to spite their face that you get graphs like that.
What's a single example of this? I'm not sure what you're getting at.

>>49676506
>you're still wrong because Bermuda, Isle of Man and the Channel Islands are richer than Ireland.
What has this got to do with anything I claimed?

>>49677749
The fact that you said Ireland is wealthier than the UK? Please keep up with your own argument

>>49677659
>the UK has no leverage over the EU. It's only the other way around.

Are you seriously this dumb? Do you have any idea how many financial services are still routed through London despite Brexit being in the past? You should recognise that trade is a two-way street and the EU by no means has all the leverage

>>49663261
You clowns come here, limit our exports because muh Yurop wants this or that, buy our successful enterprises and sell them by parts to eliminate competition, and now have the gall to complain about it.
You will keep paying like the cucks you are or we will stop providing you morons with the food you need, withold the fuel that passes through our pipelines now that Russia got you by the balls, and get the sandniggers that arrive here in busses and send them up north to your "more prosperous nations".

>>49661533
stop being so gullible its beyond cringe. next coming 2 to 3 years will be a disaster for stocks and crypto. They will crash the markets to ease inflation. It won't be a fix for inflation but it will be just about good enough so plebs like you wouldn't revolt. This is about the legitimacy of central banks. they will do whatever it takes to stay relevant. If that means crashing markets they don't give a flying fuck you obnoxious cringy zoomerfag

>>49678095
Are you serious?
Because GNI per capita is higher in those specific regions, it follows the the UK is weather over all? None of those are even in the UK, I might as well compare the GNI/capita of the UK to south dublin.

>>49663363
All going as planned

>>49678585
Yes, I am serious. They are UK territories. They are rightfully part of the UK and therefore are included in those stats. I'm sorry if you don't like that Paddy but they absolutely count.

>>49678679
I am taking this back as they are not part of the UK proper. Isle of Man and the Channel Islands are Crown Dependencies and Bermuda is a British Overseas Territory.

>>49665516
how would he buy us treasuries as european individual retard?

>>49670989
I'm not talking about migration, I'm talking about US being in control of EU. UK is even more cucked, they've pretty much memed themselves into pretending to be a US state. Europe was never this dependent on a foreign land

>>49668062
I'm sorry little NATOlet but their is zero domestic support for western governments besides TV watchers

>>49663353
You need to make sure you’re in a position to keep your assets. Because if the Euro fails (I doubt it) whatever currency comes next will still be used to buy your asset for what it was relatively worth before.

>>49678915
BerMUMU reporting in. Enjoying inflation 'only' being reported as 2% here despite our 'bros' the Caymans saying 11% and USA 8%. Long Live Government the arbiter of truth of economics.

Also Burgerbros enjoy needing $2 bills as your lowest denom. cash bill, you're going to need it.

>>49661533
Why let the French handle money?

>>49663785
the illuminati are pulling the lifeforce from humanity and charging a premium for the privilege. You are basically a battery

>>49661533
I will never sell my fucking bags and will just join more airdrops as I have some time now compared on being a wagie for years before. I actually won 1K EQ tokens, and I'm happy asf.

>>49678155
>Do you have any idea how many financial services are still routed through London despite Brexit being in the past?
What do you think this means? EU countries are fighting over who gets the biggest share of financial companies leaving London. London does not have magic and rare properties that mean it and only it can provide financial services to the EU.

>You should recognise that trade is a two-way street and the EU by no means has all the leverage
The problem with this take is it's simply not reflected in reality. The UK has lost or retracted from every single conflict it's taken with the EU since Brexit. The idea that this doesn't always happen remains completely hypothetical.

>>49679082
Indeed. And it would be even worse if not for the EU.

>>49661533
Good shit I sold most of my holdings before the next dump which happened last January and until now. Kek. I'm planning some IGOs which I recently got into KOL, sounds a good web3 project for normies.

>>49661533

She needs to start mewing

>>49661533
I didn't because I sold high and staked the rest of my RFOX bag for 40% APY.

>>49663512
>ration
there it is, the beginning of "austerity measures" which have historically never done anything to help things get better. It's just another jewish ploy to hurt people and have a laugh about it.

>>49681538
Literal toilet paper.

>>49683958
I'm glad we agree the USD is toilet paper now! Nice rate increases, I can't wait to see local loans go up to 6-7% interest or more as we're already that high.

FYI, BDA and US currencies are pegged and we freely use USD $1 bills with our change. So if we travel we just live in luxury (assuming we have any savings, lmfao) while in most of the USA

>>49661624
the previous ECB president was pro-Europe, so he was accused by some hotel wagie of (((sexual assault))), was forced out of his job and the case was dropped after
This motherfucked replaced him, then she went on the be convicted in a french court of corruption in a 400 million € case. The sentencing said that this bitch will get NO PUNISHENT, because she is an important person (paraphrasing)
Literal anti-European agent of occupation, blackmailed into destroying the continent and her peoples.

>>49671147
Good job at pissing trump pepe, such a chad. I also got into Honeyland like some weeks from now and I'm waiting for their land minting which could be massive just like their previous sold out last June 1 and 2.

>>49684452
kek what ? Mario Draghi was pro-European ? Hahahahahahah.

>>49684887
damn I'm misremembering, it wasn't Draghi, but I distintly remember some dude getting fired for sexual assault allegations and Lagarde replacing him, I'll try to find it

>>49684887
>>49685295
I've found it, it was the IMF where she replaced Dominique Strauss-Kahn.

>>49683450
>EU countries are fighting over who gets the biggest share of financial companies leaving London

Except that's not what's happening

https://www.telegraph.co.uk/business/2022/06/12/wall-street-giants-resist-eus-bid-siphon-city-jobs/

The predicted exodus of those financial jobs isn't happening. The business is staying in the UK.

>The problem with this take is it's simply not reflected in reality.
What is problematic about stating that trade is a two-way street? You think the EU imports absolutely nothing from the UK and only exports to it?

>>49685698
fuck the 4chan spam filter

>>49685607
>Dominique Strauss-Kahn
Did you know the founder of Tezos is related to Dominique? I keep thinking this project will eventually gain some momentum in the EU.

>>49663671
If the euro collapses and the continent goes into a huge financial crisis, Nigel will actually become a hero overnight.
I hate the guy, but the sheer amount of seething he would cause would make my day.
Bonus points if Scotland leaves the UK, joins EU then gets massively shit on and begs to come back.

>>49686552
UK is struggling compared the EU on all metrics. And the trajectory is downwards. Already brexit-bongs are looking for ways to get back in.

I never really understood why the EU makes the UK seethe so much anyways. I'm guessing autism.

>>49686552
ofc populism will rise from the ashes of this shitshow

>>49686615
It's Germans (Anglo-Saxons) vs. Germans (Prussians, Bavarians, Other Saxons). They can't help it but to wage (economic) war ... eternal idiots.

>>49686923
It's really just the bongs acting up here though. EUs moves have so far been:
>wat lmao

>>49685607
Intredasting, seems like aristocratic foulplay. She was probably chosen because of incompetence and manipulability as every other female European "leader" (see Finland, Germany, Sweden etc.). The competent women are always in the opposition, only the dumbest of the bunch are useful for the commie-technocrats and their plans.
They are totally for a centrally controlled IoT but against decentral Web3 with democratic governance. We will see very interesting battles of different political paradigms (anarchy vs. corporocratism/dictatorship) on the same technological foundations in this decade, which will unironically end in a cyberpunkesque scenario. Perhaps a little civil war thrown in, but probably not in Western Europe, since it lost its spirit a long time ago.

>>49663353
Unironically marry an american citizen

>>49686615
I didn't mind the EU at all, all the people that hate it are boomers who think love peaked in the 80's and those are the people who voted.
At the same time, who wouldn't love to be vindicated after a stupid move like leaving the EU.
Uk is hurting because we have left the common market, if the common market slides into shit we might wind up better off in the long run.
I can only hope thats the case as a britbong watching his country slide further into becoming a major shithole.
Just writing this has made me realise how fucked we all are...

>>49661585
And a giant hook nose.

>>49687236
>if the common market slides into shit we might wind up better off in the long run.
I understand that this is appealing to imagine, but it doesn't make sense. If the common market shits it, then UK gets hit hard. Much like when the US economy shits it, most of the world gets fucked too. Modern markets do not operate on begger-thy-neighbour logic. It's not a zero sum game. The UK is in fact particularly exposed to the health of the single market regardless of its in it or not.

I think the most reasonable path for the UK is to just align somehow with the EU, without rejoining. I feel like Starmer will push that direction if he gets in and the UK will be much like Norway or Switzerland. There's not a lot of other serious alternatives for the UK.

>>49668062
>Anyone using it is ESL.
Y-youre from one of those betacuck countries where you can be one of 100 genders aren't you? My condolences...

>>49668992
Massive fucking cope. Nobody likes westoids and definitely not in china. Westoids are gunna get impaled in that region in the future just for shits and giggles.

>>49668062
>you're ESL
>secondhand offending for no reason
fucking kek, I bet this fat amerinigger can't even find the hoholand on the world map

>>49687535
I know, all I can hope for is that brexit will cause enough damage that the fallout from the rest of the EU going down won't hurt as much as we have already isolated ourselves from them.
Maybe even give us a headstart since we've been dealing with the economic fuckery for longer and are ready to bounce back rather than being in crisis mode.
Basically, we've fucked ourselves in the short term but long term we might come out stronger since we've decoupled from the EU with all the problems it has, and we aren't bound by their regulations anymore.
This is me being optimistic, I didn't want to leave the EU in the first place.
Why leave a reading block of most of the richest nations on earth to pursue trade deals with countries on the other side of the world or complete shitholes.

>>49661533
>eurozone inflation at 9%
>keep rates at 0
>yeah, maybe we'll do 25bp at the next meeting, no worries lol
>everyone else starts raising rates
>even the britbongs
>uhmmm... emergency meeting guys
Cuck Lagarde. Why is Europe always behind.

>>49690258
because it has to cater to the worst economies in europe

>>49661624

>femoids in charge of anything

it was only a matter of time

>>49663556
Based. Thanks for pumping my currency.

>>49663353
Bitcoin

>>49684543
I hope you've staked(incubated) those eggs. I've staked mine so I can earn from the 1m Hxd tokens to be distributed to stakers at the end of the 41 days staking period.

>>49665751
Buy Bitcoin

>>49690295
>>49690258
agreed, EU is an uptopia and it's time for it to finally crumble

>>49666216
You might as well smoke crack and go gigavaxxed