/biz/ - Business & Finance

[Anonymous No.16569689]

What's going on with the repo market?

[Anonymous No.16569695]

>>16569689
they are secretly buying up all XRP

[Anonymous No.16569701]

Bitcoin furiously moons to $250,000

[Anonymous No.16569707]

Last ditch efforts

[Anonymous No.16569708]

>>16569701
No chance, banks are naked shorting this shit up until they open the tether collapse trap door and btc dies

[Anonymous No.16569782]

>>16569708
Hahahaha retard. The legacy system passes the baton to Bitcoin. This has been planned for fourty years. Stop trying to mislead your fellow brothers.

[Anonymous No.16569802]

>>16569689
Brian Moynihan got cucked by Jamie Dimon

[Anonymous No.16569849]

>>16569802
again

[Anonymous No.16569884]

The balance sheet was higher years ago and we were doing just fine so. Who cares?

[Anonymous No.16569934]

>>16569782
idk about the 40 year plan but (((they))) are definitely laying the ground work to migrate into Bitcoin... I see then using BTC to bail out on the 200 trillion unfunded liabilities market. Wouldn’t be hard to do because of how much value bitcoin can absorb. With one hundred million satoshis per coin it could have near infinite value... it’s not a matter of if but when.

[Anonymous No.16569942]

>>16569689
The FED is propping up banks that are propping up the market. It's a massive house of cards and the wind is starting to blow.

[Anonymous No.16569957]

can we see a 20 year chart?

[Anonymous No.16570153]

>>16569957
It didn’t exist pre 2008 so it would be flat line.this level of kikery is a new thing.

[Anonymous No.16570228]

>>16570153
then a graph starting at 2008, or a link to this website

[Anonymous No.16570333]

https://www.zerohedge.com/markets/its-about-get-very-bad-repo-market-legend-predicts-market-crash-days
> the dismal liquidity situation within the US commercial bank sector is so dire, that the shortage of reserves will start a cascade of liquidations beginning in the FX swap market, progressing to Treasurys, and culminating in stocks... and a full-blown market crash.

[Brad Garlichouse No.16570338]

>>16569689
When you forget to pay your bills, people are gonna drop you stuff... what are you confused about? Are more people defaulting on loans?

[Anonymous No.16570352]

>what is the repo market
When the repo man comes and takes away your car for failure to make payments ?

[Anonymous No.16570389]

>>16569884
Zoom out nigga'
We've had 3 rounds of quantitative easing, in order to deal with the GFC.
So why is there now a 4th round underway?

[Anonymous No.16570435]

>>16570389
Because it makes the numbers go up

[Anonymous No.16570460]

>>16569884
Based on the repo program that the Fed has announced the balance sheet is projected to hit all time highs next month. The Fed was winding down it’s balance sheet for a year and a half, in 4 it will have already reversed all of that and be at all time highs. Central Banks can only keep printing larger and larger amounts of cash to keep the system afloat.

[Anonymous No.16570471]

>>16570460
>in 4

I meant in 4 months, as in it only took 4 months of liquidity injections to reverse a year and a half worth of QT.

[Anonymous No.16570473]

>>16569884
You're misunderstanding what this graph implies. The Fed tried dumping its assets in an attempt to normalize the damage done by the QEs and get some "recession ammo" back for when they need it, and it failed and rebounded in just a year and a half. This means that the economy is still in critical conditions and there's no room for any more QEs other than outright communism

[Anonymous No.16570512]

recession when?

[Anonymous No.16570522]

we will see tommorow, if the 16th brings any news as implied in the zero hedge article

[Anonymous No.16570605]

>>16569689
stop worrying about stupid things goy and go buy some christmas presents instead!

[Anonymous No.16570738]

>>16570333
Checked. Stack up on silver and lead.

[Anonymous No.16570770]

>>16570333
>We are less that 120 days from the collapse of Duetche bank that will start to bring down the global economy.

Predicted 11/20/2019
https://archive.is/TkS5G

[Anonymous No.16571695]

>>16570333
Total brainlet here: will this cause my deposits to vanish?

[Anonymous No.16571707]

Post your SPY put loss

[Anonymous No.16571779]

>>16571695
The repo market is a way for financial institutions to lend to each other with collateral (Treasury notes). They are short term loans, usually just over night, with Treasuries as collateral they're supposed to be incredibly secure loans. On September 16th of this year the overnight repo interest rate spiked to ~10% because suddenly banks were not loaning cash to each other causing the price to spike. If you understand how fractional reserve banking works you have to know that banks must keep a certain amount of cash on hand each night, called a reserve requirement, if one night they're short on this cash reserve they typically borrow the funds to meet requirement. If banks are short on cash reserves and they cannot get a loan to meet the requirement then that can absolutely impact the solvency of the financial institution.

[Anonymous No.16571837]

>>16571779
So the entire point of the repo market is for banks to meet their reserve requirements? Does that basically make this system a workaround (almost a loophole) where they only have to meet the requirement once a day or something and can otherwise gamble with every penny of depositor money?

So.. if the repo market freezes up, some banks will have enough cash on hand to cover normal operations while others won't?
Wouldn't you expect banks to scale back some of their operations and increase their cash reserves if they perceive this to be a real short-term risk?

[Anonymous No.16571883]

>>16570512
number go up

[Anonymous No.16571907]

>>16571837

[Anonymous No.16571918]

>>16571837
It's not just banks who use it, based on what we've been told by the BIS hedgefunds are using the repo market to leverage up to margin trade. They buy treasuries then use them as collateral for loans.

As far as I know banks must meet the reserve requirement by the end of the day through the night, hence the overnight loans.

>So.. if the repo market freezes up, some banks will have enough cash on hand to cover normal operations while others won't?
Wouldn't you expect banks to scale back some of their operations and increase their cash reserves if they perceive this to be a real short-term risk?

So what's different about December is the massive cash demand. Tomorrow there is a corporate tax payment due, so that will drain cash. Then at the end of the month all the financial institutions and that would include funds too want to borrow cash to dress up their end of the year numbers on their balance sheet to make them look nice. Large Banks are also required to make a payment at the end of the year based on how risky their balance sheet is, some kind of Globally Systemic Important Bank Surcharge

[Anonymous No.16571988]

>>16571907
>banks are trying to force the Fed into qe4 to buy their shit
Seems to make some sense. Why else would the rates have spiked so suddenly?

I wonder if all this is related to the fact that large banks have been stacking up on gold in recent years, plus the increasing articles about things like central bank cryptos. If I was to put on my tin foil hat, I'd speculate that they may be trying to force every more money printing in an attempt to destroy the dollar so it can be replaced with a new monetary system.
Then again, that really is just blind speculation from someone who doesn't understand finance all that well.

[Anonymous No.16571997]

more money into the market is going to make us all rich
Venezuelans make 150k a month minimum wage

[Anonymous No.16572030]

>>16571988
Na, I think they just want to get rid of their shit and know that they can blackmail the FED into it

[Anonymous No.16572035]

>>16569707
The end is near.

[Anonymous No.16572045]

>>16572030
can you explain what their shit is?
just bad assets that are net negative they need to offload?

[Anonymous No.16572046]

>>16572030
In a way, that's even worse. Then it's just a bunch of greedy criminals blackmailing the Fed without any sort of thought of what that might do to the economy and society.

[Anonymous No.16572081]

>>16572045
Shit that the bank doesnt want on their balance sheet when shit hits the fan. Like mortgage / asset backed securities that will default and result in the bank being insolvent.

Im no expert tho, just been watching a lot George Gammon. You should check him out

[Anonymous No.16572096]

>>16572046
Isnt that what all the banks have been doing since they figured they can do whatever they want and the FED will always have to bail them out?
Its called moral hazard

[Anonymous No.16572114]

>>16569689
It’s not the REPO market thats a mess, its the UST. Stop looking at symptoms instead of causes.
We have BOTH a bank run and USD run underway, whatever bogus TIC report they issue saying otherwise.

[Anonymous No.16572137]

>>16572114
Where are they running to? What's safer than a US bond? If the US gov goes under everyone goes under so it seems logical to park your money with the US.

[Anonymous No.16572144]

>>16572081
I see, thanks for the info

[Anonymous No.16572168]

>>16572137
UST are going to be sold for PMs. US bonds are fuked because Russia and China are selling them, we are now getting them and there’s no buyers.

[Anonymous No.16572205]

>>16572168
PMs?

[Anonymous No.16572238]

>>16572205
prime ministers

[Anonymous No.16572265]

>>16571907
>JP Morgan and friends deliberately forcing the market to the brink of collapse on a nightly basis to blackmail the fed into paying them money for their toxic assets
We are entering lamppost territory.

[Anonymous No.16572268]

>>16572137
>What's safer than a US bond?

https://www.zerohedge.com/markets/fed-will-buy-40-us-treasury-net-issuance-2020

Is it really safe when the Fed is such a large part of the market? This is called debt monetization. The US government will spend as much as it wants and the Fed will print up cash to cover it. We Zimbabwe now

[Anonymous No.16572286]

>>16572096
Fair point. Kinda seems like they're been quite a bit more brazen about it though than in the past.

[Anonymous No.16572333]

>>16572268
This seems kind of circular though. Russia and China won't buy US debt because the Fed is buying too much US debt, but the Fed is buying so much US debt because nobody else (Russia and China) will buy it. Something had to set it up

[Anonymous No.16572350]

>>16569782
Imagine believing this, holy shit some of you faggots are retarded

[Anonymous No.16572380]

>>16570389
cuz muh stocks

[Anonymous No.16572392]

is it a good time to invest in stock markets then?
basically the govt is doing every thing to make sure its propped up, so why not ride the wave?

[Anonymous No.16572394]

>>16570512
The country is 60% nonwhite. Rest is entitled boomers and trans youtubers. Add automation and Chinese takeover.
... 10% chance of a recession. Wew lad

[Anonymous No.16572396]

>>16572205
Pocahontas merchandise

[Anonymous No.16572403]

>>16572205
Privileged Males

[Anonymous No.16572421]

>>16572046
> fed dindu nuffin
Fed is hierarchically above all the US banks. The question is whether it is going down along with them.

[Anonymous No.16572468]

>>16571779
So theres a rickety bank out there about to go under? Good to know!

*hand rubbing intensifies*

[Anonymous No.16572491]

>>16572468
Apparently, rumors say it's a European bank.

[Anonymous No.16572500]

>>16572421
One can hope

[Anonymous No.16572544]

>>16572468
There’s about 6 major banks failing rn in the US alone.

[Anonymous No.16572549]

>>16572045
For example, negative-yielding sovereign government bonds. Or collateralized loan obligations (CLOs, the new version of CDOs) for automobiles, made up of deep subprime loans to people who loan with NEGATIVE equity or who will otherwise probably never pay them back

[Anonymous No.16572583]

where do you anons get your information from?

[Anonymous No.16572586]

>>16572544
I call bullshit

4 small banks
https://www.fdic.gov/bank/individual/failed/banklist.html

[Anonymous No.16572591]

>>16571907
Here is the article mentioned in that image https://wolfstreet.com/2019/10/10/are-the-crybabies-on-wall-street-trying-to-force-the-fed-into-qe-4-you-bet/

And here's a video explaining it: https://youtu.be/FxiY5RIB8v4

[Anonymous No.16572605]

>>16572583
I'll share a list of podcasts/channels that I've recommended on /biz/ before

Great Tier:

McAlvany Weekly Commentary: https://youtu.be/iP66S0A08Z4
David McAlvany is the CEO of a very well-respected pro-gold wealth management firm. Kevin Orrick is one of his senior associates. Together they create one of the very best and most entertaining economic podcasts out there that you can listen to for free.

George Gammon: https://youtu.be/pQyMvy797hc?list=PLdIZc_RaumFAkb0upgnpV4qAk1Fr64pGA
This guy is a retired entrepreneur who specializes in real estate investment, but also has vast knowledge about macroeconomics and does a very good job explaining it for the average person. He only recently started posting videos on general economic topics and I'd label him as "up and coming", but still his videos are among the best out there on YouTube that I've found.

ITM Trading: https://youtu.be/gVejnTjkj_Q
Lynette Zang is a very experienced and respected market analyst and has been at it for decades. She knows her shit.

[Anonymous No.16572610]

>>16572583
>>16572605
Good Tier:

Wolfstreet: https://youtu.be/bswyrpfYwTg
Wolf Richter is the main author behind wolfstreet.com, known for its well-researched and cutting economic articles. His videos are meandering at times and he's not the best speaker, but it's worth a watch all the same.

Keiser Report: https://www.youtube.com/channel/UCQmW1ZcPKiAZ2ZP_3naA1kA
This is one of those guys you have to take with a grain of salt, because he goes off the rails into crazyland a lot. Still, when he's on point then his economic commentary is among the best, and his wife Stacy helps keep him in check and on topic most of the time. Big gold and crypto proponent, take that as you will.

Peter Schiff's podcast: https://youtu.be/VW8T4r92pns
Same thing as Max Keiser, except obviously he's anti-crypto. This boomer could go on ranting forever if you let him, and surprisingly all of his rants are insightful and enjoyable for one reason or another, whether you agree with him or not. Just remember that he is a Jew and he wants you to buy into his gold-based funds.

Real Vision Finance: https://youtu.be/Jvrgmbb5vEE
Honestly this is a mixed bag, because there are many different hosts/shows/guests on here. A lot of crypto shilling too. But many videos are well worth watching. Real Vision is a paid service with its own website, but they release many of their interviews for free on their YouTube channel, usually months after they air on the main site.

Chris Martenson: https://www.youtube.com/channel/UCD2-QVBQi48RRQTD4Jhxu8w
This is the guy behind the Peak Prosperity blog, which can be quite tinfoil at times (ZH publishes many of his articles). His videos are overlong and a big mixed bag of good and bad lectures/interviews. There's plenty worth watching here though if you have the time.

[Anonymous No.16572611]

>>16572583
>>16572605
>>16572610
Poor Tier:

The Money GPS: https://www.youtube.com/channel/UCngq92xrmmsfEgGdfAJ6giQ
The dude mostly just reads verbatim from zerohedge articles without any novel thoughts or analysis of his own. Not horrible if you want a sort of cliffnotes collection of information from publicly available articles that you don't have the time to read.

WallStForMainSt: https://www.youtube.com/channel/UC0iTb2U2nWkm5X3XRityENw
Has potential, but it's hard to see him as anything but a kid who just isn't knowledgeable enough yet to recommend. Usually lecture-style, but does have some interviews where he brings in equally inexperienced kids to talk about economic topics.

Bull Boom Bear Bust: https://www.youtube.com/channel/UCXuldJPtmI0x0DVQFsB9cSg
Similar to Money GPS

Jeremiah Babe: https://www.youtube.com/channel/UCaJ-6IXnfIL3js2-facsB7A
He will speak for half an hour and by the end will have said nothing of any real value. Basically just says "wake up sheeple!" many times in many different ways without much useful data behind it.

Shit Tier:

Most other youtubers just trying to cash in on views with cheap clickbait.
- Epic Economist
- Financial Argument
- Atlantis Report
- Lots of other copycats
These are the absolute bottom of the barrel shit-tier channels. Mostly made with stock footage and text-to-speech voiceover usually with scripts paraphrasing articles from economic news websites.

[Anonymous No.16572660]

>>16571695
that this desu said
>>16571837
+
https://www.youtube.com/watch?v=sbPByb-NXdQ
(brit fag explains how the staked collateral is manipulated and faulty. Kinda like saying that a treasury note, imagine staked 500link, and well 100 of those is somhow corrupted, complete dog shit that is rated at A level index when in reality it's a D or F. those 100 dogshit links can fuck up the entire system, and network. Because the fed ends up consuming and eating those treasury notes. So the US staying stinky, for a very long time.

https://www.youtube.com/watch?v=myiQIZGbO-M
This fag says it can have ripple effects, but there's also a lot of other variables that impact the smellyness of the stinky 100shit links in our example above.

[Anonymous No.16572681]

>>16571918
Exactly. we are literally bailing out the banks... AGAIN.

CRYPTO BUY SIGNAL.

[Anonymous No.16572694]

>>16572205
precious materials such as diamonds, quartz, hematite, hemtomas and of course stalagtites

[Anonymous No.16572702]

>>16572610
>and his wife Stacy

They're married?

[Anonymous No.16572704]

>>16572694
jesus christ marie

[Anonymous No.16572737]

>>16572681
This.
1st. One can hardly believe any meme charts that are publicly available. If QE is underway, no one is obligated to inform the goyim.
2nd. As you have pointed out. The regurgitating newspeak is the red flag.
This time it's repo. Before if was bailouts.
Fancy words to make us subconsciously think this time it's different.

[Anonymous No.16572770]

>>16572702
Indeed they are

[Anonymous No.16572798]

>>16572770
That's cute

[Anonymous No.16572813]

>>16572798

[Anonymous No.16572839]

>>16569689
You have no idea how bad things really are.

[Anonymous No.16572859]

>>16572839
None of us do, only Powell/Mnuchin/Kudlow/Trump and the primary dealers like Dimon probably do

[Anonymous No.16572878]

>>16569689
It's QE

[Anonymous No.16572934]

>>16569689
The Mother of all Financial Crises.” The Repo Crisis is just part II in the lead-up to Big Bang that nobody seems to grasp is already unfolding. This is the Sovereign Debt Crisis on steroids. Whatever they could have done wrong, they have done with absolute precision. The projected losses for institutions will range from 40% to 60% of assets. This time, whoever is caught holding will not be bailed out this time around. This is the combination of the 1998 Liquidity Crisis and the 2007-2009 Financial Crisis. So hang on to whatever you can grab ahold of. You will need it for this one.

[Anonymous No.16572942]

>>16572605
>>16572610
>>16572611
thank you for these, fren.

>>16572737
Frens don't let frens hold FIAT.

[Anonymous No.16573000]

>>16572934
sGold, btc, eth, link.real property.

>>16572770
Zero interest rates unleashes legalized indentured servitude

[Anonymous No.16573038]

>>16569934
BTC is a shitcoin with broken fundamentals.

[Anonymous No.16573061]

>>16573000
>>16573050

[Anonymous No.16573065]

New Zealand just halted all market trading for no real reason. Is it time, anons?

[Anonymous No.16573072]

>>16573065
>New Zealand just halted all market trading
google search says "network connectivity issue" https://www.goodreturns.co.nz/article/976516081/nz-shares-dip-as-nzx-outage-stops-trading-early.html

[Anonymous No.16573082]

>>16573072
>connectivity issues

[Anonymous No.16573144]

>>16569782
Not even in your wet fantasies.

[Anonymous No.16573150]

>>16572934
Martin Armstrong everybody

[Anonymous No.16573164]

>>16569689
Almost heaven,
Epstein Island
B'nai B'rith, Fed'ral Reserve System
Printing money, printing more twenties
Quantitative easing, buying stonks for free

Donald Trump, take me home
To the place I belong
Honest money, gold and silver
Take me home, Donald Trump

All my children, scattered 'round her
Comet Ping Pong, reptilian shapeshifter
That ain't pizza, try to warn my fren
Got no more good goy points, 1776 will commence again

Dr. Paul, End the Fed
Before freedom is dead
Den of vipers, Satan's children
End the Fed, Dr. Paul

I hear her voice, end of trading day Liz calls me
Queen Goa'uld reminds me that six million died, oy vey
And countin' on my fingers I get the feeling
Lizzy thinks I was born yesterday, yesterday

Wooden doors, human soap
It just doesn't add up
Why have doctors, in a death camp?
Human soap, wooden doors

Jesus Christ, sing this song
Hitler did nothing wrong
Enki saved us, from Humbaba
Sing this song, Jesus Christ

[Anonymous No.16573255]

>>16572878
I hate how we all just say QE instead of money printing.

[Anonymous No.16573281]

>>16573255
Quantitative Easing was actually the "good" term they used back in 2008 when they didn't want to call it the bad term of "Debt Monetization". Now QE is actually the bad term and they just call it "purely technical" repo operations. It's just "plumbing", just "normalizing the balance sheet" or "providing liquidity".

[Anonymous No.16573303]

>>/biz/thread/S16478276

[Anonymous No.16573653]

>>16572770
>>16572813
Back in November Max made the claim that China would announce 20k tons of gold in their holdings and launch a gold-backed crypto currency within ~6-9 months. Obviously he goes off the deep end sometime but interesting nonetheless

[Anonymous No.16573663]

>>16569934
damn...based

[Anonymous No.16574140]

>>16573281
>It's just "plumbing"
https://www.newyorkfed.org/research/blog/2019_LSE_Markets_Interactive_afonso
Christ what a shitshow

[Anonymous No.16574150]

>>16573653
And once again, Max was full of shit

[Anonymous No.16575270]

The swan song of the old world

[Anonymous No.16575348]

>>16570473
>economy in critical condition
stock market not economy, economy doesn't matter anymore

[Anonymous No.16575370]

>>16575348
Exactly this. This is a new paradigm. Fundamentals doesn't matter anymore. QE or repo the shit out of the market.

[Anonymous No.16575664]

>>16572591
LMAO
they even talk about krugman's nonsensical idea of DEBT IS MONEY WE OWE TO OURSELVES

[Anonymous No.16575959]

So in the end the Proto-Boomers were right? Buy gold and silver?

[Anonymous No.16576049]

>>16575959
load up on gold, silver, bitcoin, bullets, vodka, and bibles.

[Anonymous No.16576379]

>>16572605
>>16572610
>>16572611
Based as fuck, thanks

[Anonymous No.16577007]

WHAT am I supposed to put my money in?
It’s like the elites are trying to take away every chance the common man has at storing his wealth
>bitcoin price will collapse with endless Tether FUDs or Tether will be looked into by regulators and will legitimately stunt the commodity
>USD is getting rekt by the JP Morgan bankers class so they can force the FED to give them EQ, and force others to buy their trash bonds/assets
>US government openly states that it can legally confiscate citizen’s gold, silver (I think as well), farms, means of production IF there was a nation emergency thanks to Executive Orders carefully placed.
It’s like they want to collapse the system and purchase everything when the prices collapse with a currency that they’re all scrambling to find and replace the USD with.

Do any anons have an idea what the banker class is planning on using of the USD ever fails? What are the top three choices for them? Because that’s what I’d want to get into. I bet they already have a fair reserve and will just buy everything as the common man and his family are trying to fight off starvation.

[Anonymous No.16577055]

>>16577007
Land, profitable companies and gold

[Anonymous No.16577219]

>>16570460
>Central Banks can only keep printing larger and larger amounts of cash to keep the system afloat.
What if this is the new normal? Just continue to pump things forever as us and chinese companies annex the entire world market.

[Anonymous No.16577231]

>>16577055
This

[Anonymous No.16577248]

>>16577219
>"New Paradigm!!!"

In all seriousness, some people unironically believe that, just like they believed it in 1929. The famous quote by Irving Fisher was "Stock prices have reached what looks like a permanently high plateau." Today they're calling it MMT.

[Anonymous No.16577632]

>>16577219
I think the Chinese are in for a bit of a rude awakening in the years to come. They’re setting themselves up/being set up as the global nemesis and when the shit hits the fan their overseas holdings will be confiscated.

[Anonymous No.16577931]

>>16572205
Penile Merchants (see foreskin face cream)

[Anonymous No.16578077]

>>16577632
Both USA and China are in bad places, but China has no problem making its citizens suffer to win, meanwhile in USA they have to come up with creative ways to slowly jewtrick people. In a global depression I think China would still come up on top economically

[Anonymous No.16578165]

>>16572694
kek

[Anonymous No.16578332]

Prepare your legal tender as legal tinder for your campfire. If you don't have the skills and resources set up to handle living in an off the grid scenario for months or years, then you're SOL. The poorest of countries that depend on the American dollar will crash first. The next ones up will take a dive and barely hang on. The largest players will be like Ivan Drago in Rocky IV. USA, Russia, and China will be bruised but still competent.

For those that suggest that Bitcoin is what will eventually take over the dollar, it won't. How can it when the network can't function with massive amounts of transactions at once? It's not ready or battle tested for worldwide use as cash. Digital gold? Yes. Digital daily billion transactions? No. I could see in a few decades time where countries will use blockchain and create their own digital currencies backed by their own supply of electricity.

[Anonymous No.16578784]

>>16578332
>I could see in a few decades time where countries will use blockchain and create their own digital currencies backed by their own supply of electricity.
why would they back their currency with electricity supply
the only reason why bitcoin uses miners is to distributed the authority to different parties for different incentives
a country with full authority over a currency doesn't need to burn electricity or mine gold or whatever, why would they?

[Anonymous No.16578848]

>>16577055
they are taking the land too

[Anonymous No.16578943]

>>16578848
maybe but there are over 400 million privately owned guns in USA spread over 80+ million citizens
The US Army doesn't even have 2 million people
The entire police force doesn't even have 1 million

so even if the entire armed forces and police tried to seize land and assets it would only take 5% of people to say no
and that's assuming 100% of the armed forces and police comply with orders
it's absurd how such a small group of people can call shots it would only take a little bit of coordination to prevent it

[Anonymous No.16578944]

>>16578784
It will be a premined shitcoin most likely what China is developing rn. Interesting times we live in. Heil accelerationism.

[Anonymous No.16579042]

>>16569689
https://m.youtube.com/watch?v=OM71gQmrLks

[Anonymous No.16579457]

>>16578077
China has a very long history which includes many episodes of centralization followed by decentralization and warlords and shit. There are over half a billion people there still living a subsistence level lifestyle. The richest people in China send their kids abroad to study and live, nobody wants to move to China. All in all, I’m not too worried.

[Anonymous No.16579521]

>>16569689
I am sitting on my shiny rocks...waiting and waiting....but nothing happens, except ATH over ATH in the stock markets.

[Anonymous No.16580312]

>>16570333
Good link anon.
Too much to unpack.
Feeling like a brainlet but will investigate.

[Anonymous No.16581104]

>>16576379
no prob

[Anonymous No.16581301]

>>16577007
Chainlink.

[Anonymous No.16581312]

>>16578944
It already exsist and it's called LINK.

[Anonymous No.16581357]

>>16581104
sauce

[Anonymous No.16581363]

>>16569695

LUL

[Anonymous No.16581397]

>>16581104
Sauce

[Anonymous No.16581417]

>>16569695
Sssshhhh

[Anonymous No.16581611]

>>16581363
>>16581417
LINK *

[Anonymous No.16581890]

>>16577248
so this is that last step then? You know I've noticed something about capitalism.
It's primary objective seems to be advancement.
Money is just our trade for more and more innovation. Hell, our personal decision making process and biological data are both being collected to be sold. I think for the time being we're just running out of widgets, even in financial markets we're running out of innovative investment schemes.

[Anonymous No.16581938]

also what countries are safe? Iceland? Greenland? maybe Ireland?

[Anonymous No.16581988]

>>16570338
Imagine being this dumb.

[Anonymous No.16582159]

>>16577055
Why by land/real estate when it's inflated to shit? Shouldnt we wait til that starts hitting bottom (and then buy off the ""repo"", heh, market)...?

[Anonymous No.16582244]

>>16581938
Iceland is incredibly poz, their biggest city is covered in graffiti snd shitskins... aparently Ireland is also getting invaded

[Anonymous No.16582727]

>>16582159
Because that's all boomers know, if they knew about LINK and why it exists then that's what they would buy, they are just looking for assets to buy when they offload their stonks bags.

[Anonymous No.16582735]

>>16582159
Banks will just do what they did last time: scalp the best shit for themselves then hold the rest off the market until prices recover.

[Anonymous No.16582748]

>>16582735
Is that why they are buying gold at all-time record rates?

[Anonymous No.16583245]

>>16571837
oh, shit anon is BECOMING CONSCIOUS TO THE JEW BANKERS
exciting times ahead

[Anonymous No.16583351]

>>16572611
bro Epic Economist needs to break thought outta jew tube and narrate some vidya with that voice of his