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/biz/ - Business & Finance

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12228854 No.12228854 [Reply] [Original]

>literally every single news outlet screams that a recession is coming for like a year at least
>recession starts to hit
>Boomers get angry they're losing money
fucking why

>> No.12229019

>>12228854
Fuck boomers

It’s zoomer time now

>> No.12229054

>>12229019
He means real boomers not the meme ones kid.

OP, I first heard of the market crash from tony robbins like 3 years ago. People were predicting it before, it's long overdue. You can't rationalize humans' greed, it's both an emotion and a sin.

>> No.12229090
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12229090

>>12228854

Because every single news outlet has been screaming that a recession is coming nonstop since the 80's. When one inevitably, finally happens, they jump up and down, say I told you so and go right back to predicting another recession.

>> No.12229094

>>12229090

Also, zoom out. The boomers aren't losing money. They're whining that they temporarily made slightly less money.

>> No.12229105

>Boomers reel in terror every time the market goes down.
>Literally won't retire because of it
>No understanding of fluctuations

I hate them so god damn much

>> No.12229112

>>12229054
I was referring to actual boomers you literal retard

>> No.12229115

>>12229105
right but what's the answer to the boomer problem?

>> No.12229128

>>12229105

Most of them still haven't paid off either of their mortgages, their SUVs or their boat loans.

>> No.12229130

>>12228854
They can't see the longer trend. The market is overleveraged to the fucking hilt, so the bubble has to deflate slowly. If it doesn't, 1929 will look like child's play compared to what's coming.

>> No.12229135

>>12228854
Because 401ks are bullshit and you LITERALLY can't cash out

>> No.12229162

>>12229128
What the hell have they been doing their whole lives?

>> No.12229184

Stock market money is fake and doesn't really exist. Only a fool would count on the market for their retirement money. Investing in the market is like buying BTC at $20,000.

>> No.12229188

>>12229162

Lost a war and did a lot of drugs

>> No.12229212

>>12229105
The real rage is when you realize every crash happens because these cunts panic and sell sell sell. Then it inevitably corrects back to the mean again, they forget, and repeat it all over again. We wouldn't even have cyclical economics if these cunts weren't constantly rushing for the exit every time there's a dip.

>> No.12229237

Bunch of baby dick fags on an anime board act superior to old men who’ve lived and learned. I like it.

>> No.12229278

>>12229237
Ah so as part of that living and learning they obviously allocated a rational majority of their portfolio out of equities and into bonds, right?

And therefore have no reason at all to be panicking about this crash or doing anything other than rotating a small percentage of their bond position into equities, right?

Age != wisdom

>> No.12229303

>>12229115
A giant grinding machine

>> No.12229756

>>12229237
>learned how to be fucking retards
FTFY

>> No.12229959

>>12229090
You're a real piece of autism, you reslly are, the market was about to take a hike in 2016 like the other cunts called but tax reductions saved the market. The calls since 2016 are right. It is a once in a lifetime crash.