/biz/ - Business & Finance

>>49714813
>What's their endgame?
for you to suffer

Their endgame is to keep their jobs by keeping all the southern European zombie economies alive until the end of their term

>>49714813
There are worse things than inflation.

>>49714813
In the short term they will keep southern euro countries from going under. In the long term this is a death sentence for the euro

You will own nothing

>>49714973
Economic collapse of the Euro periphery would be an immediate death sentence for the Euro.

>>49714813
>>49714887
>>49714973
When Germans say "they will find a solution", they mean they will go full nazi on anyone with debts.
Back in 2010 my country got a "bail out" from them.
It mostly indirect payouts to Germans.

>>49715040
So they're between Scylla and Charybdis. They can choose death now or kick the can down the road and hope someone else can sort it out down the road.

>>49714813
endgame is to reduce debt of PIGS through inflation. making the euro worthless makes the debt worthless aswell. two times in the german economy their currency became worthless. why not again. some for the italian currency the lira. it had chronic high inflation.

eurofags should by gold or something. get out of the euro. piece of shit currency.

>>49715094
Same with US economy honestly.

>>49715113
shut up ango. We don't need any help anyway. The EU is already brutal against our own members so we never are in such a risk anyway; anyone with debts is being attacked by the rest; the 2010 "bailout" they gave to us was mostly slave-labor paying them dividents.

>>49714813
>this time we’ve got the perfect, complicated workaround for normal reality!
>it’s not really different, but we’ll be able to sell it to the masses by convincing “legitimate” politicians it’s something “new”>

>>49715174
The EU is a very efficient money maker, because it doesn't give a shit about its own members. When they bailed us out in 2010: they fucked as over; that is good for money making; nobody to fill pity for.
I don't know if they'll be the same "efficient" if the Germans want a bailout in the future though..

>>49714813
>What's their endgame?
Anon, I...

>>49714813
>How is this different from QE?
It isn't. It is QE. They're just restructuring how they do it. Though they may try to change the name in the hope that no-one will notice.

>>49715619
Sounds crazy to pick hyperinflation and the death of the euro over just another run of the mill recession

>>49716435
>run of the mill recession
Half the world is about to starve and going to stampede on Europe. Gas will have to be rationed during the winter so Eastern Europe doesn't freeze to death. Gas intensive industries shuttering (and most industry is gas intensive).

This is a fucking apocalypse, have your suitcases ready.

>>49715162
maybe your brown nigger country should have spent less in the first place instead of maxing out the credit card and then crying you cant pay it up. You brown niggers will pay everything up.

>>49716624
grim

>>49714813
long dollar short euro

>>49716624
What assets should I hold? Already done all the prepper stuff.

>>49714813
Quantitative Yield Curve Control

The euro is collapsing with respect to the dollar, hydrocarbons are priced in dollars, and various European governments have issued dollar denominated bonds to fund welfare expenditures while collecting taxes denominated in euros.
You can figure out the rest, I'm sure.

>>49717860
>What assets should I hold?
The next few years are not about assets. That paradigm is ending.
Where you live, who you work for, how many people depend on you, this is far more important.
Anyone with capital should get inside the United States ASAP.

>>49716624
>stamped Europe
If stf, I doubt many will reach europe

>>49718807
honestly, most are gonna get filtered by turkey, local crime, and the envionrment, like what happens in mexico.

>>49715050
Pay debts Greek.

>>49718607
>Anyone with capital should get inside the United States ASAP.
I think all the major English colonies will do fine. Canada is basically an US vassal, so they will be kept functional.

NZ is bug out central for rich fags, so it will be kept functional. Oz has lots of resources, among which sunshine and enough whites to remain functional. Both Islands too of course, helps keep out the riffraff.

It is QE.
Their endgame is you owning nothing and eating the bugs. The ECB offers free* money to member states, the only price is their sovereignty. With EU countries averaging 100%GDP debt they can set the rules. We've already seen this with Poland and Hungary.
Don't want abortion, immigrants, fag indoctrination at school, high taxes, anti-car anti-indivisualist shit, anti-male laws, unions, censorship, 2030 NWO up the ass, etc.? Well it would be a shame if you couldn't refinance your debt.

Imagine being yuropoor and not throwing EVERY loose yuro into bitcoin. That would cause all the shorts to panic and buy back in. It would be glorious. Good luck, yurop.

>>49720462
Or we could all join the shorts and break through the support and make big money with 5x leverage.

>>49720719
Not worth the risk, rather buy and hold.

>>49721358
If you don't like risk, don't buy something crabbing near a support.

>>49721410
>If you don't like risk, don't buy something crabbing near a support.
What did he mean by this?

>>49721691
He's a faggot

>>49721691
>What did he mean by this?
If BTC goes 1000$ lower right now it will be wojaks for weeks. If it floats up, you can always get back in, if it goes below 20k say goodbye to your money for a while.

Just because it's FUD, doesn't mean it's not true.

>>49715050
maybe dont get in fucking debt

>>49715050
>When Germans say "they will find a solution", they mean they will go full nazi on anyone with debts.
Dude I fucking wish. Instead what will happen is that they will not raise interest rates as it would bankrupt southern European countries. This comes at the cost of the EUR totally dumping.

As an EU citizen this is a big fucking problem. I mean I don't have a lot of cash on the bank, but the problem is that I get paid in EUR.

Things are going to suck fucking hard in the coming years, especially for the EUR.

I wonder how they will do it. The EU treaties say that the ECB is not allowed to finance a country. That's why they had to do this workaround where they buy bonds from every Euro country equally. They can't do this anymore of course because QE leads to inflation, but just funding Italy through the purchase of their bonds would be illegal. The German constitutional court already reprimanded the ECB before for this reason.

My guess is that my cucked German goverment will agree to implement Euro Bonds and then the collapse of the Euro will be delayed by another 10 years.

>>49714935
Admitting they were wrong.
Making peace with Russia.
Being held accountable.
Truly frightening thoughts.

>>49723485
>Making peace with Russia.
You'd have to give them the Baltics, so not an option. Until there's regime change in Russia or the EU and NATO fall apart, there can be no peace. Just a simmering cold war.

>>49723598
>Until there's regime change in Russia

Ah yes, still pretending we rule the world while we have already jumped off the cliff. Such hubris is exactly what we need now.

>>49723883
>Thinking Russia can rule anything in its absolute state
>Thinking Euros are running anything of theirs anymore

Europe is dead, Europeans killed it.

>>49715113
>endgame is to reduce debt of PIGS through inflation. making the euro worthless makes the debt worthless aswell. two times in the german economy their currency became worthless. why not again. some for the italian currency the lira. it had chronic high inflation.
it will not work, the PIGS will just keep increasing their budgets instead of lowering their debt, in Portugal the current prime minister has done nothing but handouts since he came to power, sure the people were sick of austerity, but the government needs to govern, not buy votes, he just won another election promising more handouts, these bond buying schemes aren't fair for the north of europe, they are essentially paying for it with their savings instead of their taxes, but people aren't stupid and they will eventually figure out they are subsidizing the zombie PIGS economies, the PIGS need to crash hard, they need to work for a decade or two on lowering their debt to manageable levels.. the only way out of this is either austerity or unprecedented economic growth, i just don't see any other way other than austerity...

>>49722982
you are a moron, the "bailouts" in the 2010s were raping us, they were designed to create austerity
and return the loan to you at an interest.

they were never bailouts; they were loans; with conditions.

>>49723485
Russia would have to declare war first.