/biz/ - Business & Finance

>>51630574

Nothing ever happens anon. wake me up when the housing market crashes super hard and the they say great depression in the media.

>>51630574
Deva rugged?
Poomp eet

>>51630574
Make it stop. Please I beg you god please make it stop. Inflation is bad enough. Please I need more time to convert my fiat in to goods.

MAKE IT STOP
WHAT THE FUCK IS WRONG WITH THIS COUNTRY

>>51630574
What should i do? I have £5000 in the bank, what should i do?

>>51630851

xrp.

>>51630574
Can someone explain the implications of this?

Just raise interest rates like Jerome is doing in the US, ffs

>>51630901
The implication is that we all perish because we have no food

>>51630901
Brits becoming poorer by the minute

>>51630851
i'd say gold but it's too late.

>>51630909
18% on mortgage irefi ncoming
Kino

>>51630901
dollar milkshake.
banks dumping bonds, no confidence in UK gilts, buying up dollars, probably a shit load of shorting as well.

>>51630574
Who cares about some shitcoin rugging.

aaaaaaaaaaaaaaaAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>51630973

>>51630925
as if i didn't fucking feel poor enough already, shitty run down houses with 50sq meters cost 400k, rent is up 200% since last year, energy is like 300 quid a month for a single person, a fucking drying rack is 40 quid
and now this shit

>>51630923
>>51630925
>>51630961
So usd cash gang isn't so retarded after all...

bros we fucked up we didn’t rest on shemitah

>>51631008
the dollar milkshake isn't good for the USD in the long term

I don’t fucking get it. The USD is appreciating against everything except my country’s currency (CRC). I get paid in USD, I actually need it up.

>>51630961

The bank of england needs to hike rates but they can just tell the market they wont sell any gilts and the gbp will pump back to 1.15 fast.

A weak gbp only adds to inflation which is why i think they will do that

>>51630989
The great reset

You should have listened

>>51631045

Every other country will start putting up large export tariffs to the US to cope with it, “friendly” nations included. Thats what happens every time and its why the US devalued the dollar in the 80s

>>51630886
Not chainlink?

>>51631158
true, plus the currency will rebound a bit when those shorts expire

>>51631062
https://en.m.wikipedia.org/wiki/Costa_Rican_col%C3%B3n
>The colón has had an unusual relationship with the U.S. dollar that may best be described as a "crawling peg"; instead of being defined by a constant value to the dollar, the colón instead would grow progressively weaker at a fixed rate of about 3.294 colones per dollar per month.

>>51631195
Hasn’t been like that for a long time now

>>51630851
Sell £ notes on ebay to people who collect hyperinflated currencies. It’s a surprisingly common hobby

>>51631045
What precisely do you think is happening? This is the Great Reset.

Sure, Dollar Milkshake winds up with the dollar dying, but every other country will die first. This is what they've planned on happening.

Believe it or not, the Mexican peso has actually gained against the USD. Everyone else, except maybe CAD and the Swiss Franc, have been getting their ass kicked.

>>51630574
>Rugpulls GBP
>Dies
Why did she do it bros?

>>51631313
one last shit on the british people, after a lifetime of shitting on us

>>51630901
>prices of imported goods skyrocket
>people can not afford basic necessities which leads to social unrest
>government decides that the best way to deal with it is to pull a zimbabwe by printing more money and handing it to people so they can buy basic necessities
>this causes a spiral into hyperinflation
You’d think politicians would learn but they never do

>>51631309
> latino reading comprehension

>>51631152
how come nazis are always black haired brown eyed mutts?

I think Truss is a tryhard, because (surprise surprise) she is a woman, and unlike May, desperate to be seen as thatcher 2.0.
So she is being incredibly reckless and found a chancellor who is willing to do what she wanted.

Can it work? Maybe. It was the plan pre-covid to lower tax and attract business, or at least retain it.
However now the GBP is sinking in no confidence.

If they achieve the lofty 2.5% growth rate over the next years it will allow the debt to shrink even after all these expansions of borrowing. However i dont see how they can be confident in that.
Maybe they are intentionally murdering the GBP? Hard to say. Maybe they think it will attract foreign investment and business to set up shop. Suddenly its not only low tax in the UK but its a bargain to come set up business due to a weak GBP. However i doubt that was their plan. More likely just fools with policy error

>>51630574
The GReat BRitain POund has

>>51631372
>It's likely too late for most currency regimes — developed or otherwise — to avoid serious additional pain. At the same time, there are two of the currencies that have strengthened against the dollar in 2022: the Mexican peso (MXN=X) and the Brazilian real (BRL=X). Notably, the central banks of these two emerging market countries began raising their rates in the first half of 2021 — long before their peers.

>>51631380
Nazism would honestly be better received if it werent for the Aryan thing cringe

I hope standing with Ukraine and pushing ESG was worth it, you sanctimonious eurofaggots.

>>51631160
Yep chainlink is the one it seems. Think also they just happen to be having huge event this week with speakers from swift and other big players plus eric schmidt. They are in bed with wef and from what I see chainlink is all about unending the whole system so yeah timing seems big coincidence. Big rabbit hole with them ...and even Klaus Schwab name drops them (smartcontracts.com) in his 4th industrial revolution book in 2016. All sounds very great reset

>>51630574
kikes

>>51631008
Everyone with half a brain is holding USD since early 2022

>>51631485
https://mobile.twitter.com/wef/status/1458105898199511046?lang=en
Do a Google search of chainlink + wef or chainlink + swift and see just how this crypto is not your average shitcoin

>>51630574
brexit means brexit

>>51631625
Have you ever considered that if the WEF wins your crypto gains won't mean anything? Definitionally any timeline in which LINK does a 100X from here is one in which we are all slaves in an Amazon Warehouse and live in pods.

So yeah dudes maybe check out this chainlink thing as I've heard its real under the radar shit. Only catch is the top dude is some obese russian dude who never changes his clothes

>>51630574
The fact that you can realistically compare the British Pound, the 5th largest currency in the world, to a shitcoin is frightening

>>51631638
Dude look around we are literally living in hell already..its long over just enjoy the ride down

>>51631142
She looks so lovely. Like a cute dog.

>>51631380
that's because celtic/nordic populations are made to be enslaved. all the empires are made by meds

>>51631309
zoom out

>>51630574
>the lowest ever recorded
technically it is the lowest in 37 years

>>51632893
The Japanese tried to smother the flames a few days ago and the USD is already touching 144. Euro is 96 US, and GBP is 1.05. Even CAD is at all time highs against the Euro GBP.

>>51631380
Nazi = Ashkenazi
Nazi =/= NSDAP. This lie was a post-war coverup for the zionist control of the turd reich.
>Why do jews typically look jewish? Well you have your answer right there m8

>>51631344
That explains why the UN military is in London

>>51630901
If you like fish wrapped in old newspaper soaked in vinegar, then you can have a cheap vacation while you get drunk at a soccer game.

>>51630574
Everything is now half off in England.
Hookers, fish and chips, hookers, hotels, the beatles.
It’s a good time to vacation there now that they have a 3rd world economy.

>>51631380
the same way mutts always talk about their european heritage but are actually nigger infested halfbreeds

> Look I’m just like thatcher!!!
> *cuts tax for massively wealthy, prevents increasing of corporation tax and offers to pay everyone’s energy bills all by accruing even more debt than your predecessor who printed 600bn to shut the country down to combat the flu*
> pound plummets

Honestly, women shouldn’t be allowed anywhere near positions of power

>>51630574
The fed was saying it would wait until something breaks. Well the currency market is completely fucked and the US is exporting massive amounts of inflation to the world.

>>51633867
"something breaking" is 10% inflation
enjoy the ride to 5%+ ffr nigger

>>51633889
The strong dollar has actually saved America from higher inflation, but at what price? We will soon see. JPow should be thrown in jail for fucking up this bad.

>>51633336
The CAD is still stupid strong what the fuck. I thought the leafs were going down faster than the turks

>>51633917
cope bulloid/euronigger
the US economy will slurp your entire countries up
get into USD assets while ur currencies are still worth more than toilet paper

>>51633923
Calm down, Sanchez, I'm financially fine.
However, throwing the entire world off the cliff is how wars start.

>>51633943
u still have a chance to buy usd while you can
ur euronigger currencies are going to be worthless because of your central bank policies pretty soon

>>51633839
It was inevitable.

>>51633943
Ngl I can see euros sperging out and pulling an operation Iraqi freedom 2.0 on Russian soil in order to get more resources.

They're absolutely fucked. There isn't a way out of this one for them unless they start seizing land and resources. They sat on their dicks too long and didn't jack up rates

>>51631601
lmao

>>51633987
Interesting serial numbers on these bucks
Thank you

>>51630609
uk housing is absolutely getting crushed if you denominate in usd

>>51633955
>that image
kek

>>51630901
it means king charles is going to mass deport all non whites to save the pound

>>51634128
Well we don't and people are still buying.

>>51630574
My mortgage goes from a 2% fixed rate to variable in 2025. How fucked am I in 2.5 years bros

>>51630851
If you have a Coinbase account, transfer the money to it and buy a dollar stable coin, like USDC or (possibly) DAI. But you should've done this at least 2-3 years ago mate.

>EU sanctions russia
>euro crashes from to USD parity
>bongs sanction russia
>pound crashes to USD parity
>meanwhile russia announces record state budget surplus and highest ever recorded energy profits

oof

>>51635588
>based comment
>based digits

>>51635776
CIA shill calling you vatnigger in 3, 2, 1...

>>51635776
We're about to find out what "stopping Russia at any cost" actually costs.

>>51635776
Russian economy is in the gutter you retard, while China and India enjoy their 40% discounts on coal and gas imports. Enjoy the empty food shelves

>>51635776
imagine being an average Russian lad being send to die in the Ukraine for absolutely nothing. At least the budget surplus is up!

>we don't need the EU
>hello EU please send cheap gas haha thxxxx

>>51635934
Russia isn't the EU

If things get bad enough we'll just rug ukraine and leave you to deal with your own mess

>job pays shit and is shit
The free market means you should just find a better one
>shit job can't find people
We need the government to step in and fix this

Why don't young people support """capitalism"""?

UK Bros.... Is it insane to buy a house right now?

>>51635776
>thinks the russian economy is doing good
Jesus christ. Not even russian trolls say that shit

Britbros, what the fuck do I do?
All in on a USD stablecoin?

I only earn an average wage.
I DCA a small amount into crpyto and save what I can.
I cannot afford a house.

>>51630574

>>51630901
£50 greggs soig rowl

This would all literally solve itself if UK legalised cannabis and coffee shops like Amsterdam

They are way too stubborn and stupid to do that though. Lmao

>>51630989
Tbh that's a one time purchase. Hence why it's expensive

>>51636908
They should legalize coke and get cocaine tourism.

>>51633402
Meds. Take them.

>>51631696
If you didn't spend your life on the internet looking at doomer fuel you wouldn't even notice any difference in the world lmao

>>51631638
9 out of 10 people on the street have no idea what a Chainlink is, and you believe those holding now will be in the same situation? nope the holders win and are the new class in the great reset

>>51630841
Conservative voters thinking their hand me down weak leadership party won’t fuck over the UK economy for their own personal and individual interests. These dumb trickle-down semen-slurping fuckwits are about to feel the cost of a greed-meets-incompetence crisis. Mortgage defaults incoming. Banks needing bailed out, again. UK is done.

>>51637140
>leftoids sell out the whole world to globohomo for 20 years
>"why did conservatards do this to us"
i will never understand how can anyone interested in money fall for political theater
both "sides" ultimately screw you over. your only interest as a rational person should be to vote towards a balance of power
this is literally capitalism 101. competition is only productive for society if you can reach a state of rough equilibrium where no overwhelming monopoly exist

>>51636013

Is pic related even gonna work? To hear tell of it the UK can't even reach their current quotas let alone an increased quota.

>>51630574
1.03 in what? Australian dollars?

>>51633955
wrecked (and checked)

>>51637208
New Labour may have been incompetent, but they were never outright malevolent like this.

>>51635950
>poland
isn't poland broke and always getting checks from germany?
where do they find the money to send to ukraine?

>>51631152
He literally wanted a mega fashy EU.

>>51635776
Thanks for the info FSB.

>>51637382
Germoney makes more money off Poland than it gives Poland. Also all of Europe sells its weapons via Poland as intermediaery, so they can safe face in front of their pacifist cuck voters.

>>51637489
so basically poland is europe's bitch that will take the blame when things turn sour

>>51631142
WEF is ted talk for billionaires and politicans. Every single one showed up at some point to hawk their agenda. Stop overstating the relevance of it.

>>51631309
>except maybe CAD and the Swiss Franc
and the ruble

>>51631372
>whiteoid cuck failed correction

>>51630932
If Atkinson's are sold out that leaves the normies to buy high premium from cash4gold sites lol

I think you should start killing police and politicians at this point

>>51631158
ummm sweetey that's russian/chinese propaganda, democracies will have to show solidarity with each other ;)

>>51637382
"military aid" seems like the value of military equipment given to ukraine, not cash

I have £20k in a HSBC savings account, how the fuck do change this for USD? Is this something I do with my bank, or do I have to open an account elsewhere?? Yes I’m totally new to this.

>>51641738

Talk to your bank. What they'll probably do is ask you to open a dollar checking account and you will then have to pay some fee to convert GBP to USD, which will then be deposited in that dollar account. As for the fees involved, that depends on the bank.

>>51641738
Start a Coinmetro account. It's the safest, most reliable gateway into crypto with GBP. Don't put all your money into crypto. You can DYOR and look at listings on Coinmetro (THT, KDA, XCM are worth looking into). There's also a stable coin, USDC, which is backed and pegged to the dollar. Really the time to do this was three months ago though, but it's still a safe option. Finally, you can just buy BTC with GBP then immediately sell for USD.

>>51638203
It's a lobbying organization for the 1000 largest corporations in the world, and they are open about it. They invite state leaders because they want to influence them

>>51630609
>Nothing ever happens
I'd call this a level 2 happenening out of 5.

>>51633778
>British hookers
yikes hopefully they're all Polish

hello? where are the slurpers??

>>51638790
>bought a 1oz gold brit last week before all this currency fuckery started
feels good man