[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 2.01 MB, 3840x2160, 0wzry83gwfoz.jpg [View same] [iqdb] [saucenao] [google]
15712763 No.15712763 [Reply] [Original]

Will the economy ever truly collapse? Every year since the 2008 crisis i've heard the same "This is it, stock up on silver, gold, guns and ammo, its all coming down this September."AHHHHH EVERY SINGLE YEAR FOR A FUCKING DECADE AND STILL NO CRASH.

>> No.15712969

>>15712763
That image is aesthetic as fuck

>> No.15713437

>>15712763
Australia had a 30 year uninterrupted bull run. The real answer is: noone knows

>> No.15713446

>>15712763
2020-2021

>> No.15713632

>>15713446
If you had to put money on it would you say before or after the elections next year?

>> No.15714205

>>15712763
generally happens every 10 years, the market certainly expects one every 10
>>15712969
The Dope Leader, he needs a blue bandanna around his forehead
>>15713446
probably right, I think we could see it break open 6 months from now.
elections themselves have become an economic stimulus and they spend a lot of money. oil going up helps our fracking strengthening GDP, World devaluing their currencies faster than ours and FED unwinding is strengthening the dollar. Trump wants it weaker to compete with others. FED wants their balance sheet clear and rates up for when we crash. Trump won't let them raise rates so they're unloading hundreds of billions in assets, over a trillion left. Add in interest being paid on excess reserves, over a trillion. Repo markets the FED has been saving with 75 billion a night, the interest paid daily back to the fed, more tightening, US treasury and other nations upping cash reserves, berkshire hathaway, google, apple, amazon sitting on record cash. Liquidity crises after another.

The FED is drying up money, no one will be able to buy assets which will start the spiral down. Everyone will start selling, boomers with 2% bonds and no savings will flip when their pensions run dry after a stock crash. FED will step in to save the banks first, corps 2nd, and if needed they'll bail pensions too but not to the same extent. pensions will take a haircut.

Question is what happens if rates go to 0% all banks will pull excess reserves from the fed and flood the market Corps will spend buying up new assets, flooding. The US govt will announce economic stimulus plans to boosty industry and jobs. more $
>>15713632
my guess is a lil before

>> No.15714230

You will never see something like 2008 again or at least for 50 years, that was a generational crash

>> No.15714285

>>15712763
Any day now bro, haha... just sign up for my newsletter and keep buyin dat gold and water filters

>> No.15714413

>>15714285
Fuck I know what you mean one of the channels I follow had a video titled "GET YOU MONEY OUT OF THE BANK NOW. CRASH IMMINENT" that was four years ago......

>> No.15714784

>>15714230
each crash is unique, the last one was set off by banks and AIG making bad bets and not having the resources to back them up.
This one looks like pensions or corporate debt are the biggest liabilities.
2008 was based around housing and derivatives, this one has a healthier housing market but companies aren't

>> No.15714855

Donald Trump wont be re-elected
All of Donald's policies will finally catch up once a democrat is elected and they will be blamed for ruining everything after less then a year in office

>> No.15714928

>>15712763
Not soon enough in my opinion. We need some major event to wake people up to reality and think about what actually matters to them. Are people's lives really so pampered and boring that the headline news is an autistic girl having a tantrum and congress investigating the president on rumors?

>> No.15714969

>>15714855
They generally are blamed but they also leave the yearly deficit lower than the year they took over. Dems are the real fiscal conservatives

>> No.15715301
File: 264 KB, 645x999, 041E984F-9FAB-48FC-AE3B-A3BF9438B646.jpg [View same] [iqdb] [saucenao] [google]
15715301

>>15714969

>> No.15715377
File: 10 KB, 293x326, Brainlet911.jpg [View same] [iqdb] [saucenao] [google]
15715377

>>15715301
I hate democrats I just read the .gov charts. You guys let your biases color your judgment. Republicans can't help themselves they even spend more on living expenses

>> No.15715468

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

>> No.15715572

As long as America's navy is the most powerful in the world and can control all blue water shipping lanes, America cannot and will not collapse. From what I understand, this is guaranteed to be the case for another 10-20 years at least.

When you say America is going to collapse, you're also saying someone on the world stage is going to take its place. Right now, there really isn't anyone who can. Take China for example. When you have the power to cut China's energy imports by 20-30%, they're not much of a threat. Doing so would no doubt cause a hot war though.

The real threat is a strong alliance between China, Russia, and Iran. Iran's energy, Russia's military, and Chinese economy. Put together they have the potential to be a big problem, but even then you would probably see India, Japan, Saudi Arabia, America, Indonesia, the Philippines, Singapore, Vietnam and Taiwan create a balancing coalition to stop them. It's all a balancing act and America has positioned itself quite well. The one exception I'd say is our treatment of Russia the past 2 decades. It's eliminated any possibility of Russia joining us in countering China, but IMO that was never really a possibility anyway.

>> No.15715591

This October. We’re weeks away now.