/biz/ - Business & Finance

>>50611194
FAUX NEWS FAUX NEWS KIKE ON A STICK

It's amusing to see the left in America distorting facts exactly what they accuse the rights are doing

>>50611194
if no one told you about the two quarters meme you would never know the difference

>>50611272
The difference between what and what?

>>50611272
You're right, i knew we were in a recession before. I know because of the economic suffering i see every day.

>>50611272
You mean the standard used for every recession in living memory?

>>50611194
>https://web.archive.org/web/20171223014948/https://www.investopedia.com/terms/r/recession.asp
>The technical indicator of a recession is two consecutive quarters of negative economic growth as measured by a country's gross domestic product (GDP)

>>50611194
The Biden recession is upon us

>>50611194
if the msm wants to convince me we're not in a recession all they have to do is say "we're in a recession"

>>50611194
Big Ole Faggy Daddy Biden tells us when we are in a recession, chud, trannies in full control lol lmao get at us fag we run this now

>>50611194
>technical recession
>normally used to define recession
>a key factor in defining a recession
lmfao if this was 5 years ago the headlines would all read "OFFICIALLY ENTER RECESSION" is this the new norm going forward they just change the definition of everything? When is the meteor coming to nuke us all we don't deserve civilization anymore

>>50611194
>technical recession
why don't they just call it something more euphemistic like suboptimal growth period or a temporarily inverted boom or a bullrun midrun slowdown or economic melt-up rollercoster or a delayed trump recession shock wave or biden's engineered economic heat ventilation.
aren't they supposed to be good at pilpul?

>>50611513
>meteor coming to nuke us
There's no meteor headed towards Earth experts say.
There is rocky space debris that will collide with the planet we are currently on.

>growth tumbles 0.9%
that’s not anywhere near correct is it? The economy shrunk 0.9%, “growth” doesn’t exist as it’s negative, but even ifnoring that, change in growth is a measurement of rate of change, it went from 1.4% to 0.9% which is -0.5% not -0.9%.

>>50611194
this is also the only news headline i've seen with the annualized rate which used to be the standard. the NYT is only talking about the 0.2% quarterly number.

>>50611602
Here's why a potential collision with our planet could be a good thing!

>>50611565
>Biden tenderly applies brakes as economy prepares to turn corner from covid, relieves trump era speed fuelled by oil and caged orphans
now somebody do the Ben garrison cartoon

>>50611513
i can see the headlines now
>there is no meteor
>a meteor is coming but its not going to hit us
>the meteor will hit us but it won't do any damage
>the meteor is not an extinction event, just a transitory period in which life is not living
>a meteor is about to kill us all, and here's why thats a good thing

>>50611777
>Top 5 world ending cults you can't miss this Summer

Fox is kiked, they want Brandon in the WH so they have someone to whine about

>>50611852
Meanwhile all the scientists who tried to warn us have been totally deplatformed and unpersoned.

>>50611194
Ask yourself why we never declared a recession in 2020 despite Q1 and Q2 being negative.

>>50612228
Is this the new reddit narrative?

>>50612228
Ummm because we shut down our entire society over a fucking meme flu.

>>50611852
>>50612166
You two just described the plot of the movie "Don't look Up"

>>50611194
Why do you love money-printing so much?

>>50611671
wasnt a HUGEEEEEE thing. I don't think BTC will nuke straight zero because of it.

>>50612276
Haha ya i realized that after the fact. It's true tho.

>>50612166
Except you're the type of moron who will listen to the grifters peddling you a bunch of contrarian bullshit while every other international space agency would be the ones confirming the extinction event incoming.

>>50612371
here's how Bernie can still win

>>50611447
>*Putin recession
fify

>>50612371
You don't know anything about me midwit.

>>50612385
The fuck does that nerd have to do with the fact that your brain is controlled by grifters?

>>50612406
kek

>>50611194
It’s a trans economy bright to you by trans media sponsored by a trans administration

>>50612391
>"it's just a memeflu"
>"there is no comet, listen to these podcasters and check out this twitter screenshot. it's just a jewish hoax"
lol
lmao even

>>50612406

>>50612438
In my 30s, been here since 4chan's first years. Why don't you fuck off back to /pol/ with the other zoomer newfags that post twitter screenshots all day you retarded faggot?

"If we all believe that the recession isn't real and continue to act as if it weren't, then we don't be in one."

Goyim can't substantially affect the markets. The kikes running the show have already rugged us and want us to pretend everything is okay. The silver living is there are only two more months of the Jew holiday (Shemitah).

>>50612433
you are retarded

>>50611602
>>50611777
>>50611916

>>50612458
Ok sure Coronavirus was exactly what the experts said it was. It wasn't a scam at all. The vax wasn't a scam either.

>>50612371
>you can trust the government space agencies to tell us the real truth
can we though?
why so confident about that?
the "scientific community" is a whore, its up for sale to the highest bidder, why is space science any different. only reason space science has been honest so far is that there is no political motive to lie about space yet

>>50612428
Bitch in the right looks like a ghoul

>>50612556
That's the left

>>50612433
>>"it's just a memeflu"

it literally is, hence why 200k have died this year even though based biden has declared it officially over. 200k is just a statistic. if we shouldn't be locked down RIGHT NOW then there shouldn't ever have been any lockdowns in the first place. ergo, memeflu

>>50612553
you can bet as soon as there is a political motive to lie about space, the government space agencies will be the first to tell the lie. the scientists who should know better will be bought off or cancelled and the rest are dumb normies like the rest of us who will repeat the lie because they've been told to and they won't question it.

>muh grifters
right, because if you don't automatically trust completely the official story it must be because you instead automatically trust joe rogan. give me a break i won't trust the grifters or the official agencies. i won't know what to think and i'll just have to take my best guess based on what i'm hearing without trusting any particular source. and if i end up siding against the official story you'll accuse me of following grifters i fucking hate you piece of absolute dogshit you dumbfuck naive retard eat shit take your booster shot

>>50611377
why do you retards keep trying to push this narrative, and then blame the other side for doing the same thing? there is no "standard", idiot

>>50612637
Exactly Fauci said 200k in 2020 was the best case scenario and that was meant to be terrifying.

>>50611194
Recessions aren't real chud, take your hate speech to pol!

everyones a lying piece of shit and nobody can be trusted. the institutions are so inherently and automatically dishonest that the burden of proof at this point is to prove they aren't lying.

>>50611194
recession resmession, that's what I say!

>>50611194
who cares if we are in a recession. if trump was in office we would've been in a depression by now.

>>50611194
Just get this recession over with Jesus Christ

>>50611194
The media, which is an arm of the government, doesn't want to cause panic. There are already too many other stressors being placed on the public (ignore the fact that the media creates these stressors), and they are very concerned that the public will turn their frustration into action. So, they are trying to socially engineer, by ignoring stories or fabricating others, compliance and calm among the public. But they do not seem to understand that the more they micromanage us, the more they drive us toward conflict. The media needs to take its foot off the gas and quit treating the public like children. They need to give us the bare facts without their "so what does this mean" or "why is this important" or "why you shouldn't be concerned" bullshit. They need to give us the facts and allow us to think for ourselves, to decide FOR OURSELVES what we would like to do.

>>50612671
Yes there is, go pick up an economics book if you are literate

>>50612995
it's like they're too stupid to understand the cumulative effect of their years of dishonesty and spin is the rapidly eroding trust in their institutions and the danger to them this poses. they had the golden goose of the publics trust and they're killing it for short term gains that are less and less gainful as the trust further erodes.

either they're too arrogant or stupid to understand this, or they just don't care. or they're doing it on purpose for some other reason.

All I know is, a peasant in China ate a bat and got sick. Because of that we had no choice but to close every business except Amazon and Walmart and print ungodly amounts of money that we threw around all over the place like candy. Nobody could have foreseen it would devalue our currency and create a global recession. The people in charge had the best interests of the common man in mind only every step if the way. They would never lie to us about anything.

>>50611272
The difference between mid 2021 and now is stark. You're living in a huge bubble if you think otherwise.

>>50611272
In year 12 Economics class the teacher defined a recession as two negative quarters. That's how it's always been defined in Australia, i remember a recession being announced on the radio after two negative quarters. Assuming its the same definition in all modern countries.

>>50613274
and that the bat he ate was purchased from a wet meat market directly across the river from a virology lab that just so happened to be researching coronavirus. but this is a random coincidence that has nothing to do with anything. we shouldn't assume dangerous virus's leak out of labs. and we shouldn't be at all worried that such labs exist all across the world including in america. labs that try to create deadly viruses before they emerge naturally in the wild in order to frontrun a vaccine. that such labs are funded by pharma groups that can only profit from this if said virus actually does emerge naturally in the wild so they can sell their vaccine or if the virus leaks "accidentally". also worth ignoring is the fact that the government gets to expand its power during these periods of virus induced crisis, powers they have no intention of giving up once those powers are seized.

but hey im just some random peasant its not like i could ever put these pieces together or anything im not some brilliant high minded elite im just dumb cattle that will never notice the increasingly obvious.

>>50612228
Because as Q2 was ending, it was obvious that the V shaped recovery was real. That snap back might have been a catalyst for an economic disaster in the long run, but at the time, to desperate people and retards, it looked like shit was nothing but cash money. Ergo, no recession declared.

Right now there's no hope. Everyone* is demoralized, we all realize the printing hangover is going to last for years and supply chains are going to be fucked for at least another year. An official recession doesn't need to be declared. Everyone* knew we were in one already.

*Everyone with an IQ over 70

>>50612647
>if i end up siding against the official story you'll accuse me of following grifters i fucking hate you piece of absolute dogshit you dumbfuck naive retard eat shit take your booster shot
Holy based

>>50613259
Personally, I'm inclined to believe it's a stupidity that has been fed by their privileged station in life. In their bubbles, they are ignorant of how most people live, and how the world actually works. This has led to a dangerous arrogance that makes them think they know what is best for others. Their knowledge is purely theoretical, and severely flawed. Their over-reliance on data makes them blind to its pitfalls, and they are leading us over the cliff. Better we have a blind man lead us than these self-anointed 'enlightened'.

>>50611272
Yeah my grocery bills say otherwise

>>50613447
Furthermore, Vladimir Putin invaded Ukraine for no reason. And because there's no purpose of his invasion, he can't be reasoned with. All we can do is unquestionably give Zelensky any and all resources he asks for.

>>50611946
Kinda like how CNN had record viewership under Trump, spewing all the fake news about him. Now hes gone, and their viewership has slumped

>>50613870
well, loan ukraine what they need at interest and for the banks profit anyways, putting ukrainians into massive debt. while pretending we're saints for doing so. all so they can fight a war against russias old tanks they would have had to dispose of anyways. in a war that possibly could have been avoided saving countless lives for the small price of giving russia just a little bit of what they need (some breathing space from natos relentless expansionism). what choice does russia have when all that separates their capital from europe is a flat plain with no natural barriers you can easily roll tanks across. yeah just seize the land directly next to that and expect them to sit there doing nothing with the knife at their throat. not to even mention the possibility of ukraine developing its shale gas field using only recently developed technologies and cutting russia out of the energy market they desperately need so as not to economically collapse. of course a deal probably could have been struck there but noooo better to have a war instead because its just putin being crazy cant be reasoned with. that being said "special military operation" my ass russia still wont call it an invasion or even admit the real reason they're there, still pretending its about fighting nazis or whatever. so russia is a dick and ukraine is a dick and the west is a dick and everyone in the middle is just getting fucked by dicks. and if my speculations on this war are inaccurate in any way well no shit its not like there are any sources of info on this conflict that aren't horribly biased to the point of outright lies on both sides.

>>50614288
when ukraine was a buffer state playing both sides there was no issue. they should have stayed neutral instead of begging to suck natos cock.

>>50614327
you know, maybe just allow the east of ukraine that was trying to seperate anyways to be a russian leaning independent nation while the west of ukraine went over to lean on europe. if they can't remain neutral. instead they're going to lose their east anyways but with massive bloodshed instead of just having a referendum or something. fuck it though what do i know, fuck all, literally all i can do is speculate from a position of absolute ignorance since there is no reliable way to get actual information about what the fuck is actually going on from anyone.

>>50614327
>>50614371
No no no you guys with this nuisance over here. Putin is an insane mad man and the only thing he understands is a phyric victory where Ukraine is reduced to rumble.

>>50614288
80% of ukraines offshore oil reserves seized with crimea. their shale gas being fought over in the east. the technology to develop that oil never existed before 2014. and the only way ukraine could have access to that tech is by allowing western oil companies access. but that would have cut off russia from the energy market killing their economy. but hey its just a coincidence that russia went to seize that oil right even though russia has plenty of its own. just a fucking coincidence i have no idea whats going on right its just putin being crazy.

>>50614459
thats right no possibility of any solution to this crisis that doesnt involve western bankers getting fuckloads of profit from interest payments on the debt of war supplies. war was the only solution fuck diplomacy it was just crazy putin being crazy

just a black and white issue of good ukraine vs evil russia and you have to pick a side!

>>50611240
>Amusing
Distressing but unsurprising. And it's not the left, it's the centrist who like to pretend that they provide an alternative to the right. The actual left considers it darkly humorous as our prediction that Biden would fuck up and not do anything to stop the terrible stuff coming down the pipe comes to pass. Simply search ":roseemoji: recession" to confirm.

>>50614516
You could replace Russia with America and go back a decade when they set up their sock puppet in Ukraine and you'd be right ;)

>>50611272
You're right in the sense that I didnt need the GDP numbers to tell me we've been in recession for awhile

>>50612507
based

>>50612671
Lying retard

>>50612671
literally every single time this has happened, a recession began.
you fuckers are out of you minds with this level of denial

>>50611240
The left always accuses the right of doing everything the left themselves are doing. The entire argument of the left is "no u" and the only reason it works for them is because everytime they say "no u" the media says "ok moving on" so that no one has the chance to refute them.

And then one day for no reason at all...

>>50615839
heads roll and bombs explode because minarchists and anarchists had enough of the socialists while the lolbertarians and conservative clap their hand step on their high horses, and let the socialists run rough shot again. Always the same for the past 3000 years

>>50611194
>Only article I found was fox news
in that case, the day after midterms, there wasn't a recession but it will have just ended

>>50611240
it's amusing right now but pretty soon it will come to blows if they don't stop, for example, raping children

>>50611272
>waaaaaaaah why can't you be ignorant like me
lmao "meme"
a fact that has been established for decades

>>50614595
Nah Biden is yours, faggot

>>50612810
Is this the President’s official statement?

>>50612371
Found the predditor

>>50612671
YWNBAW
THE STANDARD IS NATURE AND REALITY

>>50614327
NATO has been facefucking them since at least 2014 retard

>>50611194
Does truth really matter in the kali yuga when (((they))) control the means of communication and broadcasting?

>>50611194
>>50611240
>>50611272
The thing is it's a weird situation where there's slowdown but Americans are still spending a lot

>>50611194
We're not in a recession, wikipedia says so.

>>50616711
>Americans are still spending a lot
Thanks to racking credit card debt kek

>>50616783
And that's a good thing

Wall street journal seems to be more on the recession idea

>>50611194
tranny recession

>>50611194
proof?

>>50611602
>Fiery but peaceful impact
>mostly peaceful impact

>>50611194
and you still think you live in a free country

Inflation has been outweighing GDP growth for pretty long now, only the illusion of growth is now also fading from the public eye, as to start warming the plebs up for even shittier times.

>>50616711
Americans are fucking nigger cattle who can't even conceptualize the idea of savings

What you should be asking is where are all of the companies getting billions of dollars to pay these goy cattle when their business models and general earnings have not increased whatsoever in the past decade

How are tech companies paying out 300k a year salaries for products that aren't even worth the shit on my shoes

>>50613778
The problem is even when their ideas fail they just continue trying

>>50611194
The left and their propaganda arm known simply as "the media" have been lying to everyone about everything for years now. Men are women boys are girls. Invaders to your country deserve to be here. Invaders to Ukraine means you must suffer financially. COVID is deadly, didn't come from a lab in Wuhan, funded by the US, and personally approved by Fauci. The vaccine is safe and effective. The election was fortified. Trump lost. Biden is the most popular president in US history.

...and you're suprised they are lying about rhe economy and changing the definition of a recession? These demons deserve to all be hung.

>>50611194
if they werent completely ignoring it, the only things they would say is how its all our fault. We're too racist and homeophobic.

Doomers are seething they don't see bread lines that /pol/ told them they'd see by now

You're a loser both on here and in real life.

>>50611228
did this bot break?

>>50611272
Except for how the price of everything has NOTICEABLY gone up in a short period of timr, you disingenuous fuck

>>50611194
Arguing about the definition is ultimately a waste of time. What matters is policy that will stave off the severe effects of low to negative growth, while eventually course correcting in time before it has a drastic effect on everyone's lives.... And seeing as food and gas are up, and wages and employment are down... We're already fucked and the establishment badly wants to narrative to be
>We are not fucked! Nothing to see here! Move along everyone!
Which is not how you unfuck the economy and likely means that the worst is yet to come.

>>50613361
This. Dudes a literal retard. Liberals man. Demons I think.

>>50611447
Biden did nothing to cause it

Who cares? Yesterday is still yesterday, tomorrow is still tomorrow, this changes nothing.

>>50623638
>nothing bad has happened in a few weeks so nothing bad will ever happen in the future!

>>50611272
word

>>50623696
That's not what I'm saying. Arguing semantics over a label doesn't change the reality of the market. If it's a recession, fine. If it's not a recession, that's fine too. It's just optics.

>>50623709
If it's a recession, and it is, then the media and the government are working together to lie to the public and create a false sense of hope that will lead to further economic hardship. If it's not a recession, that changes nothing about all of the other problems that are likewise not being dealt with.

Pretending everything is fine when it's not and trying to prop up the market entirely for optics reasons is a recipe for disaster. Ignore the definitions for a moment and consider the implications of a government creating widespread misinformation about the economic conditions that are going to have severe repercussions for everyone.
>aren't we about to drive off a cliff?
>cliff? Technically that's not a cliff, you see a cliff has to meet certain conditions and the thing we're about to drive off of doesn't meet those conditions...

>>50611194
>technical

>>50612671
I had 3 macroeconomic classes at uni and you're full of shit.

Do people still even buy from Amazon still? I haven't used it in almost 1 year now. They have too many untrustworthy chink sellers and other places are starting to have better deals.

>>50624070
Oops, wrong thread.

Anyways, The jewish in charge are telling the MSM to tell everyone we aren't in a recession so they can buy up all the cheap shit like Nancy Pelosi and once the Recession starts recovering then they'll admit were in a recession.

>>50613259
You chuds aren’t going to do shit about it be real the average goy will do as he’s told as long as he has his goy slop nigger ball and wagie job.

>>50611194
Recession? We going to have another war with china.
>WASHINGTON: President Joe Biden and his Chinese counterpart Xi Jinping agreed to schedule their first in-person summit during a sometimes tense phone call on Thursday (Jul 28) where Xi warned the United States not to "play with fire" in Taiwan.

>>50615975
Stop shit flinging
The political establishment is the enemy of the people and everything else is a distraction
The people who don't or can't recognize this are demoralized
You cant be part of the solution while concerning yourself with left right libshit conservacuck distinctions

>>50611194
Larry Kudlow is a living legend

>>50611272
>if you don’t know something then it can’t be real.
Fucking genius right here.

>>50611447
You think trump would saved us? Lol

Oh fuck he’s right shemitah does end this September 2022

>>50611194
Blue team is in full damage control. Obviously red team would have done the same but it's super inconvenient for blue team and they have to pay media.

>>50611468
heh

>>50611513
>is this the new norm going forward they just change the definition of everything?
With Refugees, vaccines, protests, and recessions; they already have.

>>50612458
You didn't know what irc or Facebook was in 2009.
You didn't know what a meme is before you seen a ragecomic on plebbit in 2012.
You didn't even hear about 4chan until the happening of 2014.
You were scared to type in the address into your browser until you were peer pressure by twater faggots in 2015. to come shill here.
It's been 7 years and you still stick out like the intruder outsider you are.
How do I know?
You larp as an oldfag. You have more tells in one post than the dumbest bots.

>>50611194

>>50611194
Thanks Joe Biden

>>50625407
Red team wasn’t in this situation and would never be.

Vote democrat and you get poor.

>>50612671

I wish they’d just admit we are in a recession and turn the money printer back on again. That’s all anyone is waiting for anyway

>>50611194
>ignoring
They need retail to feel safe to reenter the market before they can crash it.
What good would crashing institutions do? Institutional money isn't real. Securities are an abstraction and don't have any influence if they go up or down.
The stock market exists to deflate the dollar.

so when/if europe enters recession is that going to be called not a recession or are they all going to do this.
>uk bbc is running this not a technical recession shit as its main story

>>50611513
>racism
>vaccine
>woman

what other words has the left redefined?

>>50611194
>technical recession
holy cope