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/biz/ - Business & Finance

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15833128 No.15833128 [Reply] [Original]

ok wtf is going in france precisely? There is a talk about an upcoming financial crisis and that france will take the biggest hit. As someone who lives in France how credible is this shit????
Some friends of mine are already shorting a couple of french companies. How will this affect the cryptocurrency market? Is this shit because of the shit ton of immigrants that keep on coming here? should i just leave this fucking country for good

>> No.15833159

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
FUCKING HELLLLLLLLLL

>> No.15833191

>>15833128
>There is a talk about an upcoming financial crisis
The EU is broke since this spring, they have been covering it up. Deutsche is about to blow and ECB said they don't have the means to bail it out anymore.
ECB has moved to negative interest rates.
Fed has opened a repo business and the banks are still coming short at the settlement dates.
The yield curve has been inverted both in US and EU.

>france will take the biggest hit.
Probably. Since you sold your whole industry and banking and are not self-sufficient anymore.

> As someone who lives in France how credible is this shit????
about 180%

>Some friends of mine are already shorting a couple of french companies.
Well, that won't help you, because hyperinflation is coming and your money will be worth close to 0.

> Is this shit because of the shit ton of immigrants that keep on coming here?
Among other 99 reasons.

> should i just leave this fucking country for good
France is a shithole, so probably yes. Stay out of west until the whole shit blows over.

>> No.15833202

>>15833128
the politician that can deport the most gibs will go a long way to saving frances economy.

>> No.15833235

>>15833202
They won't do that, they are too far gone. It's ideological. They have just plastered the people with more eco taxes, because "muh mentally retarded spastic girl said global warming" and ramped up gibs even more.

>> No.15833325

>>15833191
is this shit about the EU true???
If you take a look at French companies most of them have been going up for quite some time now. This doesn't make any sense!!!!!
>>15833202
the french are now more right wing than before most of them don't care about free gibs to the point of importing more ReFuGeEs

>> No.15833342

>>15833325
>This doesn't make any sense!!!!!
Google "stock buybacks".
Basically they are buying their own stock to prop it up, while the big guys are unloading. Happens all over the west.

>> No.15833444

>>15833342
ok let's say all of this is true. what the fuck should I do now. I mean like damage control

>> No.15833474

>>15833444
Buy gold, silver, Swiss francs, bitcoin, ethereum, LINK.

>> No.15833487
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15833487

>>15833191
Europe is fucked

>> No.15833499

Don't care about the frogs, talk about Hong Kong and save our waifu

>> No.15834018

>>15833325
I just think it would also go some ways to mitigating the continual yellow vest protests which are killing the city and tourism among others.

>>15833444
Nice digits. Also check out this thread, relevant >>15819837