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/biz/ - Business & Finance


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51362656 No.51362656 [Reply] [Original]

A state needs a major economic crisis to be able to implement major reforms to its economic system. The "help" of the ECB buying our debt and a zero intrest rate without limitation on taking new debt just ruined the future of the young generation in southern europe and are now faced with asset bubbles and huge debt. Additionally, the rest of EU will now suffer because of the high debt rate in southern EU they just can't raise intrest rate to stop the inflation without debt crisis. This is a problem that you just can't solve without a major economic crisis, but this time they need to use the crisis to solve the problems that cause the crisis.

t. young white spaniard worried about his future

>> No.51362673
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51362673

Its over for the cattle

>> No.51362781

>>51362673
Hopefully that's all boomers, catalonians and morrocans

>> No.51362825

>>51362656
Daily reminder that finance and economics are pseudoscientific make believe garbage, capitalism is inherently unstable, exploitative and unsustainable with a built in expiration date. All finance assets like money,crypto,debt,bonds etc are purely parasitic in nature and serve no purpose nor have any inherent value. Ever escalating recessions, poverty,wealth inequality, monopolies, debt, disease, pollution, slavery, conflict and wars are fundamental, necessary and intended functions of it, NOT glitches, and every single financier or crypto dudebro is a literal parasite.

Capitalism requires the existence of a state that has a monopoly on violence via cops and soldiers to maintain and enforce property relations (private property) and the maintainance of classes specifically the mass of lower class and the minority of aristocratic upper property owning class. Given enough time these inherent contradiction and inherent authoritarian nature of it, it reaches a boiling point and implodes/collapses. This collapse however is not necessarily a bad thing cause it allows a revolution that might install sustainable systems such as communism however the bourgeoisie have learned to exploit even the collapses and ensure their next generation of aristocrats takes their place. The difference in the current cycle however is that mother Earth has already been consumed and exhausted to such a massive degree that the parasites have no more things left to sacrifice/leech off of. All the land, living creatures, air, water you name it have been polluted and enslaved so practically they dont have another cycle remaining

>> No.51362993

>>51362656
Central banks and fiat are the cause

>> No.51363023

>>51362825
Was with you til gommunism. The folks who created communism are the very same whom run the banks. You'd trade one yoke for another?

>> No.51363417
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51363417

>>51362825
>unironic communists on biz

>> No.51363497
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51363497

>>51362825
Communists get the rope, nigger.
A blend between the parts of National Socialism and Fascism that actually worked is the final financial solution.

>> No.51363516

>>51362673
Safe and baffling

>> No.51363540

>>51362825
>sustainable systems such as communism
Ok western European college faggot wait till you are 30 before you post here ever again

>> No.51363596

>>51363540
I want to find where you live and torture you for as long as possible fascist parasite. I will even deny you death when ypu beg me for it. Where do you live

>> No.51363641
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51363641

>>51362656
Just buy Bitcoin you retard. Everyone, no matter how poor, has an exit ramp out of the current monetary system. Literally just store your wealth in an unconfiscatable infinitely hard asset and sit back and wait.

You retard. You imbecile. I'm sick of spoonfeeding you faggots. If you haven't realized yet this suffering is a CHOICE, you are definitively and unequivocally NGMI.

>> No.51363679
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51363679

>>51363641
truth, the public is always slow in catching up, don't hold it against them
if you really believe that they are not fit to rule then you can also not hold it against them that democracy was allowed to take over. The old royals are to blame for their failure.

>> No.51364361

>>51363641
absolutely this