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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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53966641 No.53966641 [Reply] [Original]

This is all you need to know about our current economic predicament

>> No.53966691

>here's some random numbers
>something might happen or it might not
>not financial advice
>subscribe to our paid channel

>> No.53966723

>>53966691
its not random numbers u fuck. The economy is so jewish its over

>> No.53968005

>>53966641
What's included in household debt?

>> No.53968039
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53968039

How do we soft land this?

>> No.53968067

>>53968039
Pray it’s the first sell off of the gbr? We need sound money sooner than later.

>> No.53968086

>>53966691
>cannot comprehend a simple post
>instead of using his brain he says "eh it must be random"
your brain has been fried and scrambled by 4chan

>> No.53969012

this is bullish

>> No.53969048

>>53968086
>>cannot comprehend a simple post
yes, you can't, lol

>> No.53969070

Two more weeks till america collapses, trust the plan Chang

>> No.53969125

>>53966641
Banning interest would solve all problems

>> No.53969436

>>53966641
Just print more credit

>> No.53969475

>>53966641
>record
doesn't mean much without historical figures. if people are making their payments debt is fine.

>> No.53969490

>>53969475
>if people are making their payments debt is fine.
lol

>> No.53969491

>>53966691
The only reason the US isnt imploding from the reckless spending and printing of the USD is because its the world currency and if it fails, everyone tied to it is fucked. No one wants to get fucked so they try their absolute best to continue the charade, the question now is this sustainable?

>> No.53969537

>>53966641
Then lower interest rates and end the stupid war in Ukraine. That's how you fix this mess.

>> No.53969549

>>53969491
>how sustainable
No alternative. China and Russia are both willing to hurt their economies for the sake of policy, while America is still completely dominated by for-profit interests among a population with no political power.

>> No.53969552

>>53969475
Fed kikes are trying to cause a recession and make people lose their jobs. They won't be making payments if they don't have jobs.

>> No.53969571

>>53969537
And RAISE TAXES. At this point the "tsx burden" is just accounting rearranging but that still insults the chimp brain of the shekel obsessed class.

>> No.53969574

>>53966641
Now is a good time to get out of debt, especially high interest debt, if you have any. Nobody is coming to your rescue. The banks get bailed out if they lose money. You just become homeless, and nobody cares.

>> No.53969595

>>53969571
No, fuck taxes. Just fire like 90% of the government. We don't need these faggots for anything.

>> No.53969597

>>53969574
The banks paid back their bailout money with interest. "Muh bank bailout" cope is just what millennial fail males use to justify why they didn't get rich during the biggest bullrun in American history.

>> No.53969634

>>53969552
Are the fed kikes wanting to do this so they can repossessed all their assets?

>> No.53969682

In current year if you have a net worth of $0 you're above average.

>> No.53969696

>>53966641
The only way out is to inflate everything so that a trillion is what a billion used to be.

>> No.53969699

>>53966723

It never is as more money can be printed

>> No.53969731

>>53969696
This, inflate everything out and then make a new fiat that you can redeem 1 of per every $1000 of old fiat.

>> No.53969875

>>53969491
Aren't other countries printing and spending like crazy too?

>> No.53970330
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53970330

>>53969875
almost as if all the countries are told to devalue their currencies at the same pace as the us dollar or faster hmm

>> No.53970358

>>53969597
>The banks paid back their bailout money with interest.
they should never have been bailed out at all, nigger

>> No.53970377

>>53969549
>while America is still completely dominated by for-profit interests
i think you mean pro-Israeli interests

>> No.53970854

>>53970377
Focusing on Israel is myopic at this point. Ukraine is the exact same model as Israel, use some corrupt government to "procure" equipment made by the most dominant lobbying forces in America. People employed by the likes of defense contractors are benefiting from the scheme as are Zelensky types. Hell, Biden forced union railroad workers to accept corporate terms, while those corporations then drop toxic waste in rural Ohio. The white peasants and black slaves sing and dance for help from a magic jew for the spirit realm, but ultimately achieve nothing.

>> No.53971698

>>53966641
what does it mean, could you explain to a brainlet?

>> No.53971725

Ah dood, I can't pay that! I got thes pills for my back dood, I got like 200 dollars dood

>> No.53971799

>>53971725
ah jeeze dood, fuckin uber eats wants $30 now for a fuckin mcdouble, come on what the fuck guy

>> No.53971834

>>53966641
Are they paying off the loans? If they are then I don’t see what the problem is.

>> No.53971867

>>53969475
Well they’re increasingly not doing so, at least as far as it goes with credit card bills and auto loans.

>> No.53971874

>>53966641
Household debt includes most of the other points no?

>> No.53971884

>>53966641
Oh no number go up!!

>> No.53971888 [DELETED] 

>>53966641
>nation of morbidly obese, mentally retarded nigger mutt racial abominations becomes increasingly dumb, increasingly brown, increasingly indebted

>> No.53972062

just go into negative rates with QE guys
problem solved, right?
it's not like there are stateless competing currencies salivating for a place as reserve currency

>> No.53972534
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53972534

>>53966641
is that not just a record because money has less value these days

>> No.53973172

>>53966641
zzzzzzzzzzzz

>> No.53973189

>>53971834
many are not
some are but will not be able to if anything bad happens to them in the near future
very little of this debt is being paid off by people who are financially well off and unlikely to be in dire straits at some point
hth

>> No.53973595

>>53966641
Do we have an idea of what those loans are being used for? If it's for things like home improvement, education, other forms of investment, that's not horrible.
But if its people borrowing money to cover groceries, transport, and rent, then we're in for some trouble.

>> No.53975540

>>53969491
>le weimerica meme
Clearly you people don't understand why we can print money. The money was never actually backed by gold, it was backed by strength and the willingness to exert it.

>> No.53975688

>>53966641
my home is paid for.
my credit cards are paid off.
my car is paid off.

people make fun of me for living meager but i've lived through 08. i knew it couldn't last. now i'm sitting pretty while everyone else is about to get wiped out again.

>> No.53976075

>>53975688
How much is the house worth?

>> No.53976125

>>53969699
this. kikes will bleed out everyone and it will never end until we are all sacrificed to moloch and our children become sex-abused zombies in public school by 2027. the date is set.

>> No.53976385

>>53976075
$150k. it's no mansion. but it's mine. i don't even give a shit if it loses all it's value in a crash. makes no difference to me. home prices go up and down.

>> No.53976908

no im just gonna not care about society or the faggots that live in it LOL

>> No.53976936

>>53971698
Everyone has debt. No one has money.

>> No.53977051

>>53966723
Its been over since 1980. Wake me up when something actually happens.

>> No.53977994

>>53972534
adjusted for inflation it's still the record

>> No.53978113 [DELETED] 
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53978113

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>> No.53978986

>>53966641
the plan is to "fight" inflation till things get so bad that people beg for money printing
which the govt will happily oblige
this is the only way the govt pays off their 30T in debt

>> No.53979088

>>53969696
This guy gets it. It's a big nothing burger.

>> No.53979103

first of all there is clearly gonna be more debt because the money supply has increased exponentially.

secondly I thought debt was good because it means the economy is not stagnating and people are actually buying and using things

>> No.53979108
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53979108

>>53969491
>people get evicted if they go in debt and their houses get foreclosed
>goverments can't get evicted if they go in debt and their countries get foreclosed

>> No.53979122

I don't mind inflation. I bought a house in 1995 for 60K and it's now worth 600k.

>> No.53979149

Usury is a mortal sin

>> No.53979175

>>53966641
this literally doesnt matter
every single year there's "new record debt"
every year this applies. and nobody cares. because it will keep happening every year, again, and again, and again, and the world will continue anyway because that's capitalism.
meaningless