/biz/ - Business & Finance

>>51154305
pee when there is shit in the streets

>>51154305
Blood in the streets is -85% down from ATH for Bitcoin just like the last 3 times

>>51154305
it's 20C outside, not yet.

>>51154305
i dont think so because not a single person i know has complained about "the economy" and whenever i have im seen as a trumpanzee or the like
i was at a dinner 2 years ago and mentioned how inflation might get bad with housing prices, no one working, and stimmy
i was dismissed as a nutcase
people still unironically believe 401k always go up
people still unirnoically believe housing always go up
over the course of many decades of course, that's baked into the monetary policy.. but google search what the news was like september 2007
https://www.nbcnews.com/id/wbna20893121

seriously just read this, or skim over it

>>51154305
no
this time around it'll be crashed with only 1% survivors
>riddle me this, are you in the one percent?

>>51154374
>Last month's half-point interest rate cut by the Federal Reserve got a lot of attention. One reason is that setting rates is about the most important job of any central bank as it tries to keep the economy from slipping into recession without letting inflation get out of control.
>Those lower rates make it easier to borrow and spend. And as consumers and businesses borrow and spend, the economy gradually starts expanding again. The Federal Reserve tries to stay ahead of the game by lowering rates before recession hits — that’s what it did last month. But the cure can take time. And when the recession is caused by the collapse of a big industry — like housing — it can be harder to avoid. Housing declines have preceded most of the big recessions in the last half-century.
>If inflation gets started, it can be hard to control. As prices rise, consumers demand higher wages from their employers, who pass along the higher labor cost by raising their prices for good and services. That makes it harder for consumers to make ends meet, so they ask for more money, etc. Round and round it goes.

it is amazing how this reads like it was written yesterday

>>51154305
Blood in the streets was second week of June.
We're now crabbing until early 2024.

>>51154348
BTC isn’t going to $9,000.
It’s just not happening lol

>>51154421
>69,000 * 0.15 = 10,350

>>51154305
Go outside and check you basement dweller

>wake up
>blood on the sheets
>look outside
>shit in the streets
>check /biz/
>niggers and jeets

>>51154348
>it has to be the same every time
The bullrun was completely different
No blowofftop no 85%
ALso forget 100k if it goes that low

>>51154305
>Is this "blood on the streets" here yet?
That was in June ya dummy.

>>51154407
>It wasn’t until the recession of 1980-82 that inflation was finally killed. Soon thereafter, the economy bounced back and the stock market began one of the strongest bull runs in history.
Is the golden bullrun just a mere 2 years away?