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/biz/ - Business & Finance

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14193243 No.14193243 [Reply] [Original]

https://youtu.be/dr09kKDGuRw?t=2791
Good fucking ridance, hope they turn to $1 bj with that.

>> No.14193250

my bad https://youtu.be/dr09kKDGuRw?t=2793

>> No.14193255

46min mark timestamp?

>> No.14193256

ok retarded youtube wont save url time skip to 46:33

>> No.14193267
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14193267

yeah, my bad anon.

>> No.14193287

does a bubble really pop like that?
I think they can just keep printing and devaluing the currency until we're Venezuela

>> No.14193334

I guess it does accelerate exponentially until it just doesn't work anymore so it would pop fairly quickly
we're in the just keep printing stage right now

>> No.14193348
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14193348

And then ""they"" will just lose all their assets ? The burder of crysis falls on poorfags. probably not a FULL blown crysis, but intermitent ones to keep the boat afloat. that's the smartest thing ""they"" could do.

>> No.14193385

>>14193348
does that mean assets that are being paid off like a loan or mortgage
it seems like nobody pays in cash anymore because it doesn't make sense

>> No.14193676
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14193676

>>14193385
Anything that's on your bank acount really.
if the bank goes under, it was a private company and fuck you, just like with lehman in 2008.

Anything that's not REAL and not fully paid off is at risk.
Smartest choice would be a owning a holding with your savings or salary and buying off real estate to evade taxes. that or invest in south korea banks buying us stocks, where banks are REQUIRED to keep around .30 cent per $

>> No.14193712

>>14193676
oh I see
If my banks goes under I can still access my safety deposit box right?

>> No.14193868
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14193868

>>14193712
no, if the bank goes under your deposit are assets and WILL pay for its debt before closing. If the bank is bought back you will still pay a subsequent amount from your own pocket, (by lowering the debt when bought back they cut on your savings, by adding to the debt of said bank they add to their profits) that's how it goes 100% of the time. and dont expect to try and get your money back. Funds will be safu...

>> No.14193908

>>14193868
so they'll sell my gold/silver and try to crack my multisig wallets
why am I paying $100 a year for this

>> No.14194103
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14194103

>>14193908
if your multisig wallet is crypto, like in a usb it's safe, even more so during a crysis because people go for safe assets like oil/gold/etc... in the etf form of course but it will drive btc price up too, you then shift btc asset to low priced stocks etc... faggots on biz will tell you that the good years of stocks outgrow the bad ones, but that's also putting ALL your capital at risk for LITERALLY 7% yearly return after inflation plus whateve profit after selling, not investing a fgood chunk of your money into your own society/ business is literally cucked to the core.

>> No.14194283

>>14194103
cool I'll listen to the rest of that interview

>> No.14194457
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14194457

>>14193676
>buying off real estate to evade taxes