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/biz/ - Business & Finance


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55188894 No.55188894 [Reply] [Original]

Economy is about to be in a great depression and politicians and the media are LARPing like everythings fine

>> No.55188912
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55188912

>>55188894
SEC hasn't criminalized shorting yet

>> No.55189035

>>55188894
yes, this has been happening for the past 14 years or so

>> No.55189056
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55189056

everyone knows terrible things will happen, like once in a century bad things, but nobody knows when. Might be this year, might be 5 years later, or 10 years later

We all are here trying to catch that last pump before it all goes to hell

>> No.55189064
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55189064

>>55188894

Everything is fine (for them).

As long as they keep selling their souls, greasy hands will continue stuffing money into their back pockets. The country can turn into a nuclear wasteland filled with 50 IQ troglodytes, and they will still earn big bucks.

This is why rulers must always have skin in the game.

>> No.55189112
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55189112

>>55189056
My thoughts exactly. Anyone who's not retarded understands that our current peace cycle and perma bull run is stupid fucking overstretched, and we're due for some pretty intense human conflict and economic downturn. It's either months away, or as much as ~5 years away, but the only thing that's certain is that we're in the "red zone" of hyperextended debt and lack of human conflict.

>> No.55189467

>no more restaurants + tips
>countries ditching us dollar
>people buying houses in cash
>loans going full throttle
yea im thinking 40k eoy

>> No.55189526

>>55189467
>no more restaurants + tips
That's what happens during inflation, people cut back on those expenses. If you know a stripper ask her how business is doing. If it's on the decline shit's gonna go bad since strippers are on the front line of budget constraints.

>Countries ditching US dollar
ASEAN countries are ditching the dollar, pound and yuan to encourage their own currency, that being said the exchange rate favors the US with the vast majority of the world economy reliant on the dollar. Outside of Russia (GDP equivalent of Nigeria) or China(bug people) or of course Brazil..

>Housing Cash
That's pretty dead, buyers and sellers are at a standoff. Sellers won't drop because they know they have buyers even with the higher interest fees and sellers know that buyers can't hold off forever. but sadly there will be no housing collapse
>loans full throttle
eh, fed interest hikes are gonna try to take care of that but the 2020 freebux is gonna take a lot of work to undo

>> No.55189536

Everything is fine goy don't worry that peacetime debt is the largest predictor of systemic crashes and peacetime debt is the largest it has been in human history right now

>> No.55189573

>>55189064
You're almost right.
> Everything is fine (for them).
And everything will continue to be fine (for them) because they have the money and the power and the control. There will never be revolution, there will never be meaningful change. A few will come and a few will go but the system will largely stay the same, and so any recession will just be poor people suffering while the wealthy continue cashing checks as they always have.

>> No.55189591

>>55188894

that's 100% because they know full-well that their literal minecraft necks are on the line WHEN and i repeat W H E N things inevitably go dire.

Just like the good old days, they will be brought to the town squire by the disgruntled public and minecrafted.

>> No.55189708

>>55189591
inshallah we can only hope my brother

>> No.55190042

>>55189112
Didn't the last writer's strike happen around the housing collapse? We are just around the corner to snap city.

>> No.55190181
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55190181

I still make money flipping nfts. I'm cultivating nilo and axie as we speak, right now. The fact this shitty clown industry is still alive and viable is more than enough proof to prove that the economy is doing OK and if it isn't it at least is very far away from a recession. So fuck off.

>> No.55190193

>>55190181
>still making a living by pure farming alts + welfare
things are fine indeed.

>> No.55190205

>>55189591
Are you a 12 year old or something? You can say shit without adding 'minecraft' in. You are already in the list for visiting this place. Even those in the Origami board are in a list.

>> No.55190208
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55190208

>>55190181
I don't know why this makes me feel so optimistic but it does. Thanks anon.

>> No.55190928

>>55188894
>about to be
2 more weeks

>> No.55190940

>>55188894
You have to do the opposite of everything they say

>> No.55191045

>>55188894
The 'Great Depression' is called 'the Great Depression' today like WWI was called 'The Great War' before WWII.

>> No.55191172

>>55188894
>>55189536
MMT solves everything ? DOOMERS stay seething

>> No.55191303

>>55188894
You all have the wrong perspective. Soon we will be able to get blowjobs from formerly well to do housewives and their 18 year old daughters at the same time for a merc dime.

>> No.55191410

>>55191303
I look like Henry Cavill
I can get this for free right now without having showered a week straight