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

/biz/ - Business & Finance

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11308668 No.11308668 [Reply] [Original]

Crash coming.

>> No.11308680

>>11308668
I hope so I just bought some facebook puts and I am nervous.

>> No.11308683

>>11308668
Deficit spending for tax cuts to prop up stock market at ath. What could go wrong?

>> No.11308687

Please not before my parents die.. They have so much money in it and they won't fucking cashout! They make fun of the people saying it will happen!

>> No.11308691

>>11308668
Poor donald. Let's talk when interest rates are up around 5%.

>> No.11308695
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11308695

>>11308680
>Buying puts when it's at 52 week low's

>> No.11308703
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11308703

>>11308668
Midterms:

“they will end everything immediately”

-RED OCTOBER
https://www.youtube.com/watch?v=YEt41bYQBgE
-Hunter's moon

You ready OP?
https://www.timeanddate.com/astronomy/moon/hunters.html

>> No.11308713

>>11308687
Force them to cash out or atleast try to educate them about how basic finance works.

>> No.11308728

>>11308668
A crash is definitely coming. The stock market has done nothing but boom since 2008 and is long overdue for a correction. We're beyond the point of correction and are set on a course of fucking crashing.

>> No.11308750

>>11308728
If this is true then fuck having kids lol.

>> No.11308791

>>11308750
I envy the Chinks and Japs because their stock markets have already got the correction that was overdue for them. A couple of years ago the Chinese market lost half of its value in a couple of months but quickly rebounded. It's been struggling recently but at least we know it's not on the verge of a complete crash.

This has yet to happen with the US stock market. It's done nothing but grow and grow even though this year it did momentarily dip.

As another anon mentioned earlier this thread, Trump has been artificially propping up the stock market by giving tax cuts to the rich while increasing spending. Result? The largest deficient spending in half a decade. When the debt levels grow too high, it will all come crashing down so quick. So yeah might want to hold back on having kids.

>> No.11308828

It's crashing to make room for crypto.

>> No.11308835

>>11308791
Eh, I'm fucked either way. Maybe this was literally their plan all along. Best believe there is going to be a BIIIIIG payout for some rich faggot somewhere that had this plan all along.

>> No.11308848

>>11308835
Random question, what will happen to all of the min.wage slaves? Will they be out of jobs?

>> No.11308866

>>11308835
It's sad because just like in 2008, even if you aren't invested in the stock market, you will still feel the pain of the upcoming financial crash. There will be a large loss of jobs and recession in most countries.

Rich people are the smartest so of course they are prepared for what's coming. They'll sell before the crash and buy everything up at a cheaper price once it does crash. Just make sure you're not heavily invested in things like stock market or real estate and have "alternative" sources of wealth like crypto and precious metals (mostly gold).

>> No.11308869
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11308869

>>11308848
>meek inherit the earth

>>11308828
>It's crashing to make room for crypto.

Nope.....They pumped when you pumped so no one would be stuck holding crypto bags.

They will forever be bound to wall st. Crypto is over and didn't even come close to critical mass.

>> No.11308876

>>11308791

Yeah

Daily reminder that japan never came back after its 1990 crash

Dow jones is worth about 5000-1000 points
Germans dax about 3000-4000

This two will be hit the hardest

>> No.11308886

>>11308869
Crypto will boom during stock market crash just like gold did back in 9/11 and 2008. Have faith.

>> No.11308911
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11308911

>>11308886
>Crypto will boom during stock market crash
Nope.

Trump played you kiddies.

No one is going to touch your digital trash now.

Sing your anthem for the last time cause you've been busted:

https://www.youtube.com/watch?v=UePtoxDhJSw

Time for you to wake up to your nightmare.

>> No.11308924

>>11308876
I will admit I'm not informed enough about the German stock market but yeah exactly for Japan. The Japanese stock market kept booming and went sky high back in 85-89' until it crashed so hard in 90'. But ever since the Japanese market has been somewhat steady so there's no fear of a 90' crash anymore. That's not the case with the US. The Dow Jones is has been booming way too much since 2008 and is long overdue for a correction. The only path left is a complete crash like Japan in 1990.

>> No.11308934

>>11308687
At least you can see where you got your retard genes from anon.

>> No.11308962

>>11308911
Crypto has already solidified its position as an alternative way to store wealth if you're faith in fiat is dwindling, just like gold.

We have an ongoing example in the world today. The Iranian economy has taken a big hit, what did we start seeing in Iran? Oh right, BTC prices skyrocketed and BTC in Iran is like over 25k$ now. When Western economies start crashing, cryptos will boom in the same way.

>> No.11308967

>>11308911
lol

>> No.11308975

>>11308962
your faith*

>> No.11308992

>>11308962
This isnt exactly true though. id post the article but Reddit comes up first. https://www.reddit.com/r/CryptoCurrency/comments/9djtsl/bitcoin_is_not_25k_usd_in_iran_stop_spreading/?st=jmwp9b3x&sh=2ef0e1f4

>> No.11309010
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11309010

>>11308962
No. Gold has been relatively stable unlike crypto. The major crypto exchanges are all owned by socialist lefties that are now fully addicted to fees. It is by no means a store of wealth. It is a centralized freak show advised by pedo pushers Larry Summers and co.

Perhaps you watch too much Mr. Robot?

>> No.11309046

The endless psyops are boring.
Do they work?
More power to you if so.
Good luck anon.

>> No.11309061

>>11308924

Japan crashed but it did not hit bottom since the goverment is pumping money since 20 years (!!!). Without government money they would have gone even further. Thus japan is the country with one of the highest debt per capita nowadays. In fact they did what we are doing now since the 90s. Despite this stock prices never went up that far. Their next crisis will make japan a 2nd world country because hey can ease their money policy anymore...and that will happen. This shows that central bank easy money policy doesnt have the wanted effects...i have no clue why they did this after seeing what happened to japan. Perhaps they just wanted to push the crisis into the future when they are not in power anymore. This is the most realistic explanation.

Nevertheless we dont see a flag pole at this point in stock markets. I expect them to go on like this between 0-4 years and then it will collapse.

This is not naturally a bad thing. But people are retarded and always think it will ALWAYS go up

Tldr : invest as soon as dow goes below 5000 and if you are more risky you can already go in at 10000.
Now might not be the ideal point for long term investments. But as always : nobody can look into the future.

>> No.11309070

>>11308992
Thanks for the link. I appreciate the info. Something of interest I've noted is that the BTC crash wasn't as bad in Iran as it was in the US. I guess it maybe has to do with the fact that the traditional stock market and economy is booming in the US while it's going down in Iran. So I kinda still hold the same belief, but I will refrain from posting that bit about the price being 25k USD which isn't true since it follows the government fixed currency rate.

>>11309010
Are you accusing crypto of being owned by Jews but not the stock market? You have some problems my friend.

Gold is stable only in the fact that it keeps growing inflation-adjusted on the long term. Otherwise on the short term it goes up and down. Soon you'll find out that it's the same story with crypto.

All the pedo rings are owned by stock market whales.

>> No.11309077

>>11309046
>The endless psyops are boring

Thinks physics = psyops

Good luck fren

>> No.11309103

>>11308962
Not only is it a wealth store, the innovation happening in crypto is insane.

>> No.11309122
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11309122

>>11309070
>Are you accusing crypto of being owned by Jews but not the stock market?

I guess you didn't get the memo?

Jr. tried to take over daddy's kingdom but he got too loud. They pumped him full of stallion for testing the king. Now Jr. squeals sideways and you are proclaiming some kind of victory? Let me know how you are feeling when "lights out" happens then we can have a good discussion under the warm glow of a trash can fire how going all digital was a grave mistake.

Something tells me that day will never come though cause of your pride. I believe they jumped in 29 when they had to wake up.

>> No.11309127
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11309127

>>11309077
If that's the case then can you guys turn it up even higher? I'm used to this setting already.

>> No.11309167

Nah people still too careful

Exuberance is close but I don't think we are quite there yet

>> No.11309179

>>11309061
>i have no clue why they did this after seeing what happened to japan

Just like Japan they're going for short term economic booms instead of long term growth. One opinion I hold is that the Japanese government should've interfered in 85-90' to slow down the prices of assets skyrocketing but I don't know if that would've changed anything.

>Perhaps they just wanted to push the crisis into the future when they are not in power anymore.

My exact same thoughts friend. Every administration does this. They spend more money and increase debt just to get a momentary economic boom during their term then let the future generation deal with the deficit/debt/eventual recession problem. Sadly this is a big flaw in democracies. It's always short term thinking trying to hold onto power.

>I expect them to go on like this between 0-4 years and then it will collapse.

I think the crash will first start when rich people cash out. These tax cuts by Trump feel like a "bribe" to keep them in line, but I wonder if they'll crash it all before 2020 to stop Trump from getting re-elected or after 2020 to let him deal with the mess.

>But people are retarded and always think it will ALWAYS go up

Right, a healthy stock market has the occasional correction. Stalling it is a recipe for disaster.

Anyway I'm definitely not going to be investing in the stock market anytime soon. I think this is a great moment to go into precious metals/crypto instead.

>>11309103
Right, plus innovation usually helps prices go up. One reason Ripple has been doing great. Which is better than gold in my opinion because the worth of gold only seems to go up when the economy is going badly, as if it's all up to chance.

>> No.11309211
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11309211

>>11308680
>Imagine ignoring hedge funds massive buys.

>> No.11309229

>>11308728

M8 we are in a time of peace with a booking economy.

The only thing that brings this market down is a war, or a catastrophe.

>> No.11309258

>>11309229
I don't want the markets to crash, but they could definitely dip hard if there's political turmoil.
That said I also expect a super strong rally on the other side when there's resolution.
The only thing I'm iffy on is the future of fiat dollars globally.

>> No.11309275

>>11309211
So you are saying I am fucked...

>> No.11309297

>>11309211
What site is this?

>> No.11309300

>>11309275
You're planning to make money on the demise of someone else. Whether you're right or wrong you're fucked spiritually either way.

>> No.11309308

I dont see how a crash like 1929 with a prolonged bear market is possible with the current setup, can see a 1987 like flash crash for a 20% correction play out.

>> No.11309340

>>11309308
I think the same.

>> No.11309370

>>11309300
I think facebook is evil though...

>> No.11309385

>>11309370
They are.
Be careful not to become the beast you seek to slay.

>> No.11309539

>>11308713
It doesn’t work. Imagine living your entire life believe the world is flat then at the last second someone telling you it’s actually round. You wouldn’t believe it.

>> No.11309558

I’m more worried about my link stack. It’s held up during the bear crypto market...actually gained in sats and gwei but I’m not sure about an all out stock market flash crash. Not sure if even bitcoin would crash or people would flock to it because it’s scarcest hard money ever invented.

>> No.11309590

>>11309558
Perhaps capitulation first then moon.
If it moons too fast then people won't be able to get on the train.