/biz/ - Business & Finance

>>51636603
>Recession lasts two weeks
>trust the plan
You're a fool. If we are about to live the biggest crisis since 1929, it's not something that can be fixed in 2 months.
Everyone is buying as much time as possible but shit hasn't even started yet.

>>51636712

So you and everyone else is saying.
When was the last time in history that happened? Everyone was agreeing its going to be like 2009 or 1929 and then it happened?

Yet we have tons of evidence the factors chasing inflation are almost all abated now and as per OP pic, people are living life like post 2008 already.

>>51636850
Ok, anon. You win. Go all in and show us how it’s done.

>>51636902

Fact remains, in less than 6 months USD appreciation is going to be a bigger threat than inflation. If you don’t understand this you’re in the normie side

>>51636603
Based retard, take your life savings and buy tesla calls

Redditors are still going on about “DCAing” and meme shit like GME is trading over $100 presplit we got a longgg way till bottom.

>>51636603
Thats the fastest peak ever. Usually takes a couple years.

>>51636603
Sorry OP, its not over, its just beginning. Normies aren't even aware anything is afoot yet. Recession for the normies canonically will start in a few hours from now and go through till end of next year. Screen cap it

>>51637214

Thats cause it started last autum

No way near the bottom
Winter fuel prices will decimate small business'
People will lose their homes, savings, assets etc, there will be violent uprisings across the West
It's not even begun yet

>>51637385

>it’s totally going to happen this time guys. I know i have said this for the past 20 years but this time it’s different. I know i didnt call the covid thing, or 2008 but u gotta believe me

>>51637271
I had the same thought, good thing we're on biz which means we are definitely wrong

>>51636603
It hasn't even begun. The pipes are about to burst in the inner plumbing of the world financial system. We're seeing some little spritzes of water spraying out, pipes knocking and groaning, but it hasn't burst yet. When you go to turn on the faucet and nothing comes out, that's when the fun begins.

>>51637053
What are the odds of the USD existing in 6 months?

>>51636603
yeah maybe the jewnited kingdom's own recession. guess what happens when your master (USA) goes into a recession? you get dragged down even further. lmao.

>>51636603
It hasn't happened til you see greeters at your local walmart being replaced by boomers.

>>51637830
Better then the odds of a global economic crash of biblical proportions.

>>51637897
In my sunbelt town this is starting to happen. Lots of younger store clerks have been replaced by boomers this past year. I don't think it means much besides young people are getting better jobs while boomers with over stretched budgets are being forced to work to cover their extravagant lifestyles.

>>51637053
fuck you're so dumb it hurts

90% of retail investors are still buying "le dip"

>>51636603
You're fucking retarded. There are unironically still people saying that we aren't in a recession and won't be in one. How is that the peak? I hope you get wiped out.

>>51636712
We've been in a recession since Spetember 2021 you dumb euphoric bobo faggot cunt

>>51636603
You are right, we are in peak recession, followed by a depression, and a complete collapse

>>51638825

Sure they are. Wake up. I guarantee you were begging for 100k this time last year.

By the time people like YOU learn the song, it has already changed.

>>51638852
>we've been in a recession since September 2021
>oh forget the fact that I claimed we weren't in a recession before
>by the way we will pump in 2 more weeks
>diamond handssss
you schizo and delusional mumufags will get rekt so hard

>>51638864
2 more weeks
Trust the FED
Jerome will pump our bags anyday now

>>51638885
Who are you quoting, shitdick?

>>51638910

I never said that. I said we are in peak recession already, and the factors contributing to inflation have eased, but seeing as it is a lagging metric it’ll take 6 months to be priced into new goods being manufactured now.
There looms a much larger risk of USD appreciation against the world than Inflation in 6 months from now. The Fed are aware.
We are not shooting back up till Q2 minimum but the crash you are waiting for lis literally happening now. Hood luck waiting for your 25% additional crash. We’re going to crab.

You learned the old song while it already changed.

>>51638988
absolute cope

Have fun buying though, I'm sure your brilliant contrarian strategy will work out perfectly lol

>>51636603
We had 8 years of recession under Obongo.
>inb4 acksually
It was 8 years of a shit economy. 8 years be being lucky to even have a job. 8 years of no pay raises. 8 years of high gas prices. 8 years of high unemployment. When Trump got in it was like a light switch was flipped. Suddenly people I knew that were unemployed had jobs again. I got a raise for the 1st time in years and started getting job offers. Obongo's VP is in the office now and the left is back in power. Expect years of suffering ahead.

>>51639281
The Obama job economy is really something everyone forgot about. It was impossible to get a job that paid even $7 an hour. You needed nepotism to even get a shitty Gamestop job. I'm enjoying that minimum wage is finally so trivial that retail is hemorrhaging. I hope all my former franchisee employers throw themselves off a roof.

>>51641165

It was the same in the UK. Even the lowliest of wage work required ridiculous hoops and surveys and tests.