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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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17472479 No.17472479 [Reply] [Original]

DOW JONES HAS LOST 12% IN VALUE IN JUST ONE WEEK

SELL SELL SELL SELL SELL SELL SELL SELL

>> No.17472573

>>17472479
https://www.youtube.com/watch?v=2tlB2PxAL-o

>> No.17472602
File: 242 KB, 1920x796, 1577799243475.jpg [View same] [iqdb] [saucenao] [google]
17472602

>>17472479
Just a correction bro

>> No.17472664

>>17472479
Buy the dip?

>> No.17472699

>>17472664
just btfd, keep betting against the inverted yield curve forever goyim

>> No.17472820

>>17472664
>implying this is the bottom

>> No.17472836

>>17472664
bottom is 15k which it will hit if no cure is found within the next month.

>> No.17472912

>holy shit global virus I better sell my McDonald’s and Apple stock
I don’t understand this hysteria

>> No.17473022

>>17472912
It’s just a reflection of people expecting the virus to kill global demand and supply chains across the board

Companies won’t be able to meet their demands and if it really takes off people will be inside or dead and not shopping for months potentially

>> No.17473046

>>17472912
The virus is killing anyone who participates in the global economy because there are less people making things, less people going out, and there's more reason to close borders.

>> No.17473061

>>17473022
I see but surely the drug companies should be tearing it up right? Also unless they know something we don’t the virus isn’t exactly killing everyone in its path

>> No.17473072

sell what? people here hold boomer stocks?

>> No.17473093

>>17472912
AAPL can't manufacture, because China and South Korea are fucked.
And it's not a good idea to hold a fast food stock during an outbreak.

>> No.17473110

Dude zoom out

>> No.17473156

>>17473061
They are companies working on or expected to find treatments are blowing up

However your big guys are still going to have a hit because like everything else pills in general will see fall in demand and sales as the pandemic increases

Not to mention lots of people who during panics just mass sell their whole portfolios regardless of what each independent stock is doing

>> No.17473207

>>17472479
> sell low
kek, never change

>> No.17473213

>>17472912
>going to restaurants during a pandemic
>manufacturing overpriced shit during a pandemic
>buying overpriced shit during a pandemic
no

>> No.17473225

>>17473061
Most people don't trade individual stocks. They buy indexes and portfolios. So when the market shit the bed they sell in bulk.

>> No.17473267

>>17473207
>low
zoom out faggot

>> No.17473278

>>17472479
Here’s to ya, boomer fucks
https://youtu.be/yBLdQ1a4-JI

>> No.17473295

>Chinese demand for goods falling due to deaths and quarantines
>bank stocks overbought on government money
>government printing money like newspapers
>boomers trying to retire in record numbers put constant sell pressure on market
>no 401ks
>boomers sell property to compensate
>property prices crash
>everything in free fall gets bought up by corporations
>Bernie elected and we fully transition into a corporate ruled communism
Unironically the beginning of the end.

>> No.17473297

BUY THE FUCKING DIP

>> No.17473367

>>17473297
I'm old enough to remember 2008

I ain't touching this market

>> No.17474000

>>17473367
If your old enough then why wouldnt you? Shit lasted like half a year and stocks screamed up.

>> No.17474067

>>17473297
I did and I'm getting fucking raped on every buy still. fuck. I've lost 130k now. fuck niggers running this market.

>> No.17474090

>>17474000
Your digits represent where stock prices are going

>> No.17474109

>>17474090
U mean btc 4k

>> No.17474118

>>17472912
because people won't be spending their money on those goods and services for fear of infection or they are already incapacitated due to the infection. revenues down mean profits down means lost jobs. lost jobs means no money to buy more goods and services. which cascades into more losses for businesses and jobs until we hit the bottom. you would be a fool to think think a pandemic won't effect consumption.

>> No.17474138

>>17474090
4k to the moon

>> No.17474147

>>17472479
When this shit happens, why don't people just hold on to what they have until the market bounces back? Isn't selling off everything at once what causes the stocks to crash in the first place?
I finally play the stock market and it starts crashing, but what's stopping me from holding on to what I have now even though it's worth less than when I bought it, and just waiting until it goes back up?

>> No.17474155

>>17472479
i cant buy stocks because my money is pretend money hence why its called crypto currency :(

>> No.17474164

>>17474147
Why doesn't everyone just rush the shooter? Because in reality only you rush and then you just die. People sell because other people will sell.

>> No.17474170

>>17474147

You are what we call.... a bag holder.

And you're going to be holding those bags for years to come.

>> No.17474176

>>17474147
Length of your life

>> No.17474177

WTF I love COVID-19 now

>> No.17474201 [DELETED] 

>>17474118
would you honestly trust thousands of other stockholders to essentially pinky swear not to dump their bags and wait to buy it back at a cheaper price?

>> No.17474205

>>17473061
>I see but surely the drug companies should be tearing it up right? Also unless they know something we don’t the virus isn’t exactly killing everyone in its path

Lol there is no vaccine, Even if you beat the sickness and have a really strong immune system you are infected for life. This means any babies or old people you come into contact with will have a chance of dying if they get sick. There is no vaccine, Not even for SARS. It's a virus

>> No.17474211

If you think btc wont follow you are retards. Sub 3K. Everything will crash hard. The whole world going to shit.

>> No.17474213

>>17474147
would you honestly trust thousands of other stockholders to essentially pinky swear not to dump their bags and wait to buy it back at a cheaper price?

>> No.17474223

>>17474164
>>17474176
I knew I shouldn't have gotten into this kike bullshit, I'm just glad I didn't spend a lot. But what fucking good does it do to sell if everyone is selling? I hate this stupid bullshit, I'm already done with it.

>> No.17474236

>>17472479
Faaaaaaaaaak
That means Crypto is next, we’re fucked

>> No.17474239

mfw you guys all sell half way down, then miss the sudden spike and you just end up with losses in the end

just hold who fucking cares this is long term investment shit anyway

>> No.17474243

>>17472664
IMO yes, I'm buying.

>> No.17474294

>>17474223
Calm down man. I know how you are feeling. It's part of the process to being new. Once you get your foundations down and you understand how things work, don't get wrapped up in people's opinions anymore. You should have a strategy and risk profile and sticking to that. If you are watching the market with anything more than bored apathy, you are too emotional.

>> No.17474781

>>17472836
>he didn't live through mar 6, 2009 when it hit 6K

the dick is barely touching the sphincter right now, it's about to probe that anal cavity like no other

>> No.17474987

>>17474147
Because most people here are conditioned by crypto to get more immediate results. Since we're both planning to get in the market now and play the long game, this means absolutely nothing to us. Actually it does, it means we have an opportunity to buy them at the dip and start bag holding quicker.

>> No.17475120

>>17473295
Literally fuck the people who buy houses for 30k$ few decades back and expect them to sell for half a million at the least today, literally kys.

>> No.17475142

>>17474109
>>17474138
You both negros, he literally said 17 million is where the price goes. 17474k to be precise.

Btc 17 mil usd confirmed.

>> No.17475176

>>17474090
S&P to 4000?

>> No.17475195

>>17474170
imagine if you held in 2008, the biggest recession since depression. you would still be up triple digit percent today

>> No.17475622

>>17474147
"People" aren't dumping stocks. Algorithms of big financial institutions are.
Yes some people are panicking. A smart person sticks with their investment plan.
Idiots saying to sell now and buy back in later don't even realize that selling stock is a taxable event (unless its in a 401k)
Why would I sell now and pay 25% tax just to buy back in after it dips 10%?
Even after the market recovers fully I'd be out money.
The stock market is for long term investing. If you need that money in less than 5-7 years it shouldnt be in the stock market.

>> No.17475659

>>17474236
Once the Fed puts dollar printing into overdrive even a trickle of that flowing into the crypto market would send us to 2017 highs.

>> No.17475665

>>17475120
I bought my house in 2013 for $167k. Hope to sell this year for almost $400k.
U mad nigger?

>> No.17475924

>>17472664
Just jump under the falling knife bro

>> No.17475936

>>17472664
Blood not in the street yet

>> No.17476008

>>17475665
But you still have to buy another house to live in so what profit do you make?

>> No.17476175

>>17476008
Gee I never fucking thought of thought of that! you are soo fucking smart.
I'm buying a smaller house in cheaper market, dipshit.
I expect to make at least $200k in profit.
Right now I have over 5 acres a little outside Seattle.

>> No.17476272
File: 8 KB, 222x227, fmsuPepe.jpg [View same] [iqdb] [saucenao] [google]
17476272

KEEP CALM AND BUY THE DIP!

>>17472664
This.

>> No.17477400

>>17475665
Wow so a little bit better than just the market average lmao.

>> No.17477421

>>17476175
in what town?

>> No.17477428

>>17472479
I've lost 12% in a matter of minutes, hundreds of times, in the past 3 years holding LINK. You faggots trading boomer stocks will be okay.

>> No.17477457

Virus is probably an excuse for a market wanting to sell off for a long time
There was zero control under Trump,all the kikes around him have fleeced the country
If this is the recession, then this going to be really bad

>> No.17477506

>>17477457
>Virus is probably an excuse for a market wanting to sell off for a long time
ding ding ding

This was going to happen anyways, unfortunately not all of the Trump mongoloids have an excuse when people call him out for a failing market. And unfortunately for those who call him out, they'll be wrong too, since it was going to happen and it doesn't matter who the president is.

>> No.17477519

>>17477506
>unfortunately not
*Now

>> No.17477546
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17477546

>>17477506

>ding ding ding

>>17477457

Nobody has the power to "decide" what the stock market is going to do. It was way overbought, fucking SP500 was up like 35% over the year, which is ludicrous. Tesla was 250%. It was time to sell.

And coronavirus will look to have a tangible impact on world growth rates, thus the sell-off. It doesn't mean "recession", it means there were too many fags in equities right now.

>> No.17477578

>>17474211
>>17474236

>selling your one asymmetric asset

If you're not all-in crypto and gold right now, I feel bad for you son.

>> No.17477601

>>17476175
Eyyy Seattle nigger, represent. My house is now worth $740k, I'm selling!

>> No.17477643

>>17477601
So fucking happy I moved away from that shit hole. Grew up around there and will never look back.

>> No.17477743

>>17472479
>Buy high sell low
A biz veteran, I see.

>> No.17478417

>>17472573
based and funk pilled

>> No.17478619

>>17475120
this. their day is coming. sooner rather than later. they'll be lucky to get what they paid.

i can't fucking wait for boomers and smug millenial cunts to slowly come to the realization that they're no better off than they were 10 years ago...like the fucking rest of us.

need a reset desu.

>> No.17478642

>>17475665
>Hope to sell this year for almost $400k.
>U mad nigger?
>Hope to
>U mad nigger?
No. But you will be.

>> No.17478676
File: 446 KB, 1280x842, tea party 1938.jpg [View same] [iqdb] [saucenao] [google]
17478676

>>17472479
that's nothing in crypto world

>> No.17478685

>>17472912
This retard still thinks it's about the virus... Dumb ass bitch

>>17472699
Listen to this mother f er

>> No.17478713

>>17473213
Would Ted be proud?

>> No.17478754

>>17477546
Who the fuck bought into Tesla and why? One of my friends made bank but didn’t realize it until it started slipping

>> No.17478827

>>17478642
The jealousy and cope of you crypto-losers toward people with real assets and money is hilarious.
Let me rewrite my previous post: I PLAN to sell my house this year for around $400k.
I'm sure you'll come up with all sorts of reasons that I can't - coronavirus, recession, hyperinflation etc.
I guess I should have sold everything I own and bought shitlink 2 years ago and live in dumpster until it moons, right?

>> No.17478838
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17478838

since the foundation of this board you penniless NEETs have been calling a crash

you haven't been right yet and are still penniless

>> No.17478849

>>17478619
I'm doing great compared to 10 years ago. Thanks for asking.
Sorry you have no job or money. Maybe some day the 40 bucks worth of shitcoins you hold will be worth a million dollars.

>> No.17478851

>>17474223
Well it's a question of if you want your money now or if you want your money later. The people selling now are happy to take a % hit if they can have their cash physically on hand. The people not selling are bag holders who know the market will easily recover within the next 10 years and that all they're looking at is a temporary de-valuation.

The smartest thing to do as a bag holder at this point is to dollar cost average your way down to the bottom so you're getting some cheapies, presuming we don't enter into some black swan event mad max nuclear hellscape or something, in which case you should also buy silver / gold / ammo / food.

>> No.17478856

>>17472912
Apple and McDonald i can understand but why the fuck are food producers getting wrecked too? People still have to eat.

>> No.17478885

>>17472479
Sold mine to buy preparation stuff.

>> No.17478919

>>17477400
How much has your house appreciated by in the last 7 years?
Oh wait, you don't own a house. How much has your rent gone up, loser?

>> No.17478930

>>17478919
Why would I buy a house when I can make more on the interest in the stock market than what my rent is? Only boomers buy houses in 2020.

>> No.17478968
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17478968

>>17478919
>Oi get a load o this roo'less cosmopo'li'an, he aint mor'gagin' a plot of land like me, mowin' and sowin'
>he'll be sorry, he will!

>> No.17478984

>>17472479
IF YOU THINK THE AMERICAN EMPIRE WILL END BECAUSE OF THIS YOU'RE WRONG. THIS IS A HEALTHY PULL BACK BEFORE THE NEXT MOONSHOT CANDLE
100,000 EOY 100%

>> No.17479026

>>17478930
Wait a minute, I though only boomers buy stocks?

>> No.17479038

>>17479026
look at this dumb faggot coming in here to big dick about his shitty house in seattle. congrats dude you're lower middle class! you must feel amazing.

>> No.17479104
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17479104

i don't know shit about trading. what indexes should i go all in on when we reach the bottom?

>> No.17479506

>>17478754
Tesla is a scamcoin that randomly pumps at peak euphoria

>> No.17479535

>>17479104
Hotel and air.

>> No.17479817

>>17474170

Imagine not buying the obvious dip when this shit just turns out to become a bad flu season.

But don't mind me, keep consuming media and letting emotions influence your decision. This is an extremely tasty dip entry for an insane global bull market

>> No.17479838
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17479838

lets get this shit started

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.17479850

>>17478885
You're an idiot

>> No.17480069
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17480069

>>17476175
Capital gains Tax. You always get hit. Unless you sell for half cash and half btc. Wink wink. Tickle tickle. Stroke stroke. Cum cum.

>> No.17480091
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17480091

>>17479838
AAAAAAAHHHHHHHHHHHHHHHHHHHH

>> No.17480238

>>17480069

in most cases you don't pay capital gains on a personally owned home, kid

>> No.17480323

>>17474147
First of all, your digits are pretty attractive

Second of all, you are right about what you’ve said

However, the stock market isn’t the only place that generates potentially great wealth. You could say some pull from fear and ignorance. Others pull because they mean to put their capital in things that will do well even in times of general underperformance.

>> No.17480352

>>17472479
Bought the dip just like I did with SUTER. Up 40% on my SUTER buy. Down 1% on my stocks.

Fuck stonks.

>> No.17480389

>>17480069
There's no capital gains tax on the first $250k of profit if the house was your primary residence for 2 the last years.
Maybe you should ask your home room teacher about it tomorrow.

>> No.17480395

chill....

its just a healthy retracement bro....

>> No.17480408

>>17472479
just print another 500 trillion. why not?

>> No.17480426
File: 53 KB, 586x648, 2020-02-27_21-23-07.jpg [View same] [iqdb] [saucenao] [google]
17480426

>>17472479
just a flu bro

>> No.17480450

>>17480426
(((future))) looks bleak.

>> No.17480557

Energy and Transportation sectors are what being affected mostly. And some Tech stocks too.
I would wait for the market to tank before going in and buying at a discount.
The market is sure to rebound by summer.

>> No.17480572

>>17478968
that image will never be not funny

>> No.17480579

Indian stocks
https://a.uguu.se/l4IdnnGXGCDr.png
https://a.uguu.se/OhGOzaMZR3x4.jpg

>> No.17480591

I bought shares, for 4 years they tanked ever since. I can't keep them because of brexit and i live abroad so have to sell them. 4years i been angry about it..

Efficient market hypothesis and luck hasn't played out well :(

>> No.17480592

>>17480426
Ah yes, the "prelude to 110" pattern. Reminder that the only difference between America and Weimar Germany is hyperinflation/economic depression.

>> No.17480606
File: 184 KB, 750x414, 59FA8877-8C4A-43ED-985A-1ACC03A164AE.jpg [View same] [iqdb] [saucenao] [google]
17480606

can't wait to laugh at this guy all night long

>> No.17480609
File: 61 KB, 657x527, 19AD9A88-BB96-4460-98EA-E2641B22F857.jpg [View same] [iqdb] [saucenao] [google]
17480609

Why didn’t i listen to the COOOOOOOOOOFERS?

>> No.17480622

>>17478685
>This retard still thinks it's about the virus... Dumb ass bitch
Right? Didn't Trump tell everybody last night this was being caused by the democrat candidates?

>> No.17480625

>>17475622
Based reasonable bro
Literally ignore stocks. You cash in at the end of your life in 60 years, who cares short term dips?
Day trading is for pahjeet bots

>> No.17480626

>>17478827
Well you would have made more money that way. A lot more, faggot.

>> No.17480726

>>17478849
>I'm doing great compared to 10 years ago.
>posts on /biz/
Only one of these can be true.

>> No.17480734

>>17480626
And I also would have made more money if I sold everything I own and bet it on whichever niggers just won the Stupid Bowl.

>> No.17480740

>>17480426
Just fueling up for the next MOON MISSION

>> No.17480748

>>17480734
I dont make bets. I buy sure things. Train your minds eye a bit and stop drinking so much tap water.

>> No.17480763

>>17472912
Did you live through the stock market crash of 2000 or 2008? Most stocks crashed 40-50%. Some tech stocks crashed 80-90%. This is going to be worse.

>> No.17480813
File: 44 KB, 225x214, feels.jpg [View same] [iqdb] [saucenao] [google]
17480813

>>17480726
damn I felt that one for him. what the fuck am I doing here or with my life?

>> No.17480884

>>17480763
Most people think they can time the market and/or think x market will crash even more.
What most people do is fail to plan during a market downturn. For example, for the s&p, for every x% decline, I will buy X dollars and continue to buy until etc

>> No.17480892

>>17473093
Just sell bro
Buy Biotech stocks

>> No.17480901

so how fucking brutal is Black Friday going to be?

>> No.17481041

>>17480606
There won't be a bull market today, if they are smart they will use the small gate before the weekend to announce a global pandemic and shilling during the weekend.

Otherwise it's bull today massive bad news during the weekend and another bear week.

>> No.17481067

>>17480884
Nobody here has an actual financial plan. They just run around going from shitcoin to stocks to whatever and back again.
Anyone in the stock market should expect a drop like this to happen at any time and their asset allocation should reflect their risk tolerance.
The purpose of having a plan is stick to it times like this and not let emotion take over.
I suggest dont check the balance of your portfolio and ignore most of the newsmedia until things cool down. Otherwise you'll be tempted to start fiddling around based on emotions.

>> No.17481074

>>17472699
its not fully inverted yet

>> No.17481081

>>17481041
same play right here

>> No.17481090

>>17472699
You didn't even know what an inverted yield curve was until it briefly happened last year and the newsmedia went apeshit over it.
In fact almost no one ever heard of it, and now everyone's an expert on inverted yield curves.

>> No.17481098

>>17480901
1929 v2.0

>>17480606
poor boomer

>> No.17481122

>>17478856
only sea foods, because asian love em

>> No.17481216

>>17475622
>>17475665
>>17476175
>>17478827
Is that you, Bucko? It fucking has to be LMAO

>> No.17481229
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17481229

>>17481041
>bull today
like yesterday
and the day before
and the day before that
cope with it bullboy, Bobo is the boss of this Gym now

>> No.17481630
File: 3.27 MB, 4032x3024, 20200129_212823.jpg [View same] [iqdb] [saucenao] [google]
17481630

>>17472664
Fuck that. Good luck catching this bloody ass knife, no thank you.

>> No.17482154

Fuck the price movement, bro. If you buy a 12% yield and price keeps falling, who cares? You're already booking a good return no matter what.

>> No.17482164

>>17481630
I see we have a lion in our midst.

>> No.17482165

>>17472479
i already sold at 27th January

>> No.17482182

>>17472912
this is why you are losing money on /biz/. Meanwhile i followed everything on /pol/ during the 3rd January week and got the fuck out near the all time high
t. Economist

>> No.17482215

>>17480426
*coughs*

>> No.17482226

>>17472699
Magic charts guys!
Look at market fundamentals faggot.

>> No.17482397
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17482397

>>17472479
Imagine if it goes back to around 7k like in 2009

>> No.17482445

>>17472479
Where everyone sees chaos. I see a perfect opportunity to BUY LOW and SELL HIGH. You need to have the investor mindset. See the patterns. When prices of stocks go down. You need to buy.

Today I bought;
Disney
Netflix

Theranos
Air France
Delta
Washington Mutual
Carnival Cruises
Nintendo
Exon
Enron
Beyond meat
Texaco
Uber

You average people will never... CAN never understand the INVESTOR mindset. You think like sheep. Sell when you're told, buy when you're told. The true INVESTOR sees through it.

>be fearful when others are greedy and to be greedy only when others are fearful.
-Warren buffé

>> No.17482460

>>17474090
dow 13k
btc 190k

>> No.17482471
File: 1.20 MB, 926x932, 1542254378093.png [View same] [iqdb] [saucenao] [google]
17482471

>>17482397
Well it's two days away of reaching 2016 levels when btc was worth 400 usd.

>> No.17482488
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17482488

>>17472479

>> No.17482500
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17482500

>>17474781
kek

>> No.17482519

>>17482445
>Nintendo
Reported you and your uncle for insider trading.

>> No.17482552

>>17475665
I sold mine for 1.2m, whos the nigger?

>> No.17482557
File: 33 KB, 700x372, images (4).jpg [View same] [iqdb] [saucenao] [google]
17482557

Smart money knows what's up

>> No.17482565

>>17482519
based

>> No.17482739

>>17482557
I remember the Zerohedge headlines a few years ago that constantly read "Smart money has never been this short." over and over again. In the end, after months of these headlines and the markets not giving an inch everything just vaulted higher.
So, yeah, be skeptical of "Smart money has never been X/Y" type of headlines.
>inb4 lol zerohedge, bro

>> No.17482747

>>17472479
Should stop at 18,000.

>> No.17482799

>>17472602
It's the correction of God's judgment on Man.

>> No.17482860

>>17472479
This is the fucking healthiest thing that happened to the stock markets in the last 3 years. Fuck let's keep going down for at least 1 more month, everything is still overpriced as fuck

>> No.17482924

>>17479817
Hahahaha, you fucking retard.
The entire fucking world is in debt.
The 1% are fucking the entire world and no one can afford shit. Wages have stagnated for about 40 fucking years. Retail has gone down the absolute shitter and while middle class population is below replacement levels because they can't afford to raise kids.
Entire economies are literally built on people LARPing as the Monopole man IRL trading houses with each other.
Turns out that when CEO's dump all their money into gambling (sorry, the stock market) and everyone else struggles just to afford mortgage and rent that it's not really great for the economy since no one can actually buy shit.
This is fairly obvious to anyone with a brain, it's literally just 1st grade math.
But congrats on boot licking the elitists heels while they hold your head under the ocean of piss that finally managed to "trickle down" to the middle class.
Eat a massive black cock you absolute faggot.

>> No.17482961

>>17482552
What did you do with the $1.2m then?

>> No.17483015

>>17481067
i feel the level of cope from this one.

>> No.17483046

>>17482924
Dude, you're probably arguing with Jamie Dimon. he's obviously retarded if he thinks this is the "dip"
DJI futures are down like 500 points rn.

Don't worry, he'll just take a bath for his idiocy. anyone who buys in today will. unless they sell immediately after open.

>> No.17483094

>>17482860
THIS SHIT RIGHT HERE!!! I WANNA SEE 13.5

>> No.17483194
File: 90 KB, 686x526, 1580142672238.jpg [View same] [iqdb] [saucenao] [google]
17483194

>>17482445

Exactly.
All the years Newbies and Faggots on this board cried us a river that everything is on ATH and now they are feared to buy.... I bought a shitload ov Nvidia and TakeTwo 3 or 4 days ago and my portfolio literally went down minus 20% and you know what? I raised the savings plan a bit more so i can get more stock for my Euro.

Thanks Corona

>> No.17483257

>>17483194
He's being sarcastic...

>> No.17483271

>>17480408
indeeeed
>>17480426
it is.
bunch of pussies.

>> No.17483288
File: 177 KB, 719x786, Screenshot_147.png [View same] [iqdb] [saucenao] [google]
17483288

>>17483271
This is from 45 minutes ago. (roughly)

UKX is down 4%

DJI is down 300 in futures

>> No.17483321

cringe

>> No.17483378

>>17477578
Physical gold >> crypto

>> No.17483398

>>17483378
The only thing better is taaffite or platinum...

>> No.17483420

>>17482164
if by lion you mean alpha as fuck, sure. if you're in stocks, or plan on buying stocks anytime before at least a 25%+ correction, you're actually going to lose your ass.

>> No.17483445
File: 123 KB, 1506x790, 1582858990874.png [View same] [iqdb] [saucenao] [google]
17483445

>>17472664

>> No.17483467

>>17483445
at 12k our repayment schedule to the IMF would be reissued. so they'll start printing at 13 to stop them from fucking with our bond ratings.

>> No.17483644

>>17483445
>if we don't stop here
>if the market doesn't continue to decline we are going to be at the bottom
this is such a retarded image

>> No.17483668

>>17474155
t. stupid faggot who bought pajeet coins

>> No.17483675
File: 2.33 MB, 1020x576, Premarket jitters.webm [View same] [iqdb] [saucenao] [google]
17483675

VXRT IBIO RTTR CODX
BUY BUY BUY BUY BUY

>> No.17483685

>>17483644
It's not completely retarded. You are the spots match the biggest lows of the past 12 years which will have a lot of psychological value

>> No.17483697

>>17483467
Oh god

>> No.17483698

At the very least I'm happy that all this had made /biz/ at least somewhat less shillier. That or my filters are more extensive than I think.

>> No.17483772

>>17483685
sure but it's neglecting the fact that there are a large number of heavy resistance points in there other than those 3. I doubt we'll even see 2800 at this rate. but who knows the hysteria is kicking in.

>> No.17483773
File: 131 KB, 360x450, Pink_Wojak.png [View same] [iqdb] [saucenao] [google]
17483773

>>17472479
SELL SELL CUT YOUR LOSSES SELLL FUCKING SELL

>> No.17483786

>>17483773
I did this on Tuesday, my boomer father laughed...well, who's laughing now old man

>> No.17483828
File: 119 KB, 749x751, 1582802714423.jpg [View same] [iqdb] [saucenao] [google]
17483828

>>17483786
your father might neck himself after today.

>> No.17483876

the best thing is to hold sustainable assets in crypto. Defi projects like Finnexus are best because FNX tokens can be converted to USDT after the sale even if the price drops by as many as 10 times

>> No.17483931

>>17475120
Bro, if you were born a few decades back you would be them. It sucks that the dollar keeps losing value, but thats why you buy btc.

>> No.17483951

>>17483876
>he thinks crypto will matter when the world economy is going down the drain
Quaint

>> No.17484085

Bottom is in boys. Buy everything at the open.

>> No.17484087
File: 35 KB, 720x700, 2345255.jpg [View same] [iqdb] [saucenao] [google]
17484087

>decided literally last week to buy some stocks with my saved up money just sitting in a bank-account
>thinking "im finally investing, im a big boy now"
>sold today
FUCK CHINKS AND YOUR FUCKING BAT-SOUP GIVE ME MY MONEY BACK. FUUUUCK

>> No.17484124

>>17484087
jesus christ that picture

>> No.17484150

>>17484124
that picture made me hurt. if you feel disgust looking at it it means you have empathy. we will make it anon

>> No.17484181
File: 103 KB, 680x313, 1580670948600.png [View same] [iqdb] [saucenao] [google]
17484181

>>17484150

>> No.17484195

>>17484087
if you don't sell you don't lose

>> No.17484252

>>17482924
Based

>> No.17484301

>>17480557

>The market is sure to rebound by summer.

millions will be dead by summer.

>> No.17484426

What a stupid thing to panic sell over. At worst there's gonna be some temp layoffs among zoomers due logicistical trouble and delays.

>> No.17484473
File: 89 KB, 297x239, nonononono.png [View same] [iqdb] [saucenao] [google]
17484473

>>17483828
>that pic
Link is 10x in a year, whatever will I do?

>> No.17484638

>>17482860
actually this is the fucking this. + this virus correction gets the results without the usual 'muh bankers go to jail speculation occupy wall street reform' and allows the market to have a nice cool off.

>> No.17484676

>>17484426
sure, the corporate bond spreads beg to differ tho

>> No.17484720

>>17472664
Buy buy buy

>>17472820
If you arent gambling in options and just buying stock it's all gravy. If it gets better it gets better. Dont dump your money all at once keep some to watch for real bottom but dont miss out on free gains.

>> No.17484725

>>17472479
Globohomo agenda is responsible for the spread of Corona-Chan

>> No.17485108

>>17483685
shut up you stupid cunt I can't even remember what I had for breakfast

>> No.17485302
File: 246 KB, 180x280, 1575500748390.gif [View same] [iqdb] [saucenao] [google]
17485302

>>17472573
buh-fucking-ased burn it all to the ground corona chan

>> No.17485405
File: 72 KB, 500x1134, qtpie.jpg [View same] [iqdb] [saucenao] [google]
17485405

>>17482924
based.

>> No.17485434

B-but muh new paradigm?

>> No.17485466

>>17482924
How’s your Tesla stock doing?

>> No.17485519

>>17472479
Need advice, stocks down -20% and don't want to hold over the weekend.

Sell now and re-enter the market near bottom?

>> No.17485598

>>17485519
stocks seem to be holding up now, I would not sell at this point

>> No.17485817

>>17472699
redpill me on inverted yield curve plz

>> No.17486127

>>17484087
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.17486147

eeeeeeeeeeeeeeeeeeeeeeeee

>> No.17486263

>>17481630
This, you only win here by sitting in cash.

>> No.17486325

>>17482445
DIS, airlines, carnival??? You bought shit that is actually going to have bottom line issues from all of this. People will avoid those things that put them in contact with large groups unnecessarily if theyre afraid of corona....Not to mention you bought this shit in the middle of a free fall instead of waiting for stabilization. Good luck.

>> No.17486422
File: 15 KB, 350x437, bixnood.jpg [View same] [iqdb] [saucenao] [google]
17486422

>>17485598
lmao dow down almost 1000 in 20 mins

>> No.17486439

>>17486325
>theranos
>obvious shitpost

man...

>> No.17486441

I'm crying

>> No.17486461

>>17473213
this

>> No.17486469

Short S&P at 2900 or is it too late? It's 2870 rn.

>> No.17486485

>>17472664
Waiting for sub 18k

>> No.17486487

>>17473295
lol this coronavirus shit will probably kill bernie

>> No.17486505

>>17472699
Kek. I withdrew every cent when the yield curve inverted. Thank fucking God.

>> No.17486579

My life is ruined because of a fucking flu??????????????????????????????????????????????????????????

>> No.17486683

oh god it keeps getting worse

>> No.17486781
File: 1.19 MB, 628x1097, atlas.png [View same] [iqdb] [saucenao] [google]
17486781

D-d-don't worry, this is just the system correcting it self and not a systemic flaw

>> No.17486869

>>17480813
Its a degenerate message board, dont read to much into it Freud.

>> No.17486882
File: 26 KB, 700x695, 1582891062607.jpg [View same] [iqdb] [saucenao] [google]
17486882

@mods
Sticky this.

>> No.17486885

>>17486781
yes it's the market correcting for the bubble triggered by trump insulting powell to force him to lower rates.

>> No.17486895

>>17474090
Very nice

>> No.17486903
File: 178 KB, 1333x1142, 1582698922609.png [View same] [iqdb] [saucenao] [google]
17486903

>>17486882
And use this pic for the sticky jannies

>> No.17486909

buy high, sell low. never change /biz/

>> No.17486942

>>17482445
>Theranos

Why in the fuck? Also lol at your meme picks.

>> No.17486945
File: 56 KB, 720x405, 19227A29-11F2-49E1-9EB2-13E289408533.jpg [View same] [iqdb] [saucenao] [google]
17486945

>>17472664
>>17472820

>> No.17486954

>>17486885
except the bubble is an everything bubble which has been brewing for decades and continuously postponed by the injection of gigantic volumes of money through debt monetization, and that the "correction" is a depression worse than 1929, and also that nothing of it has jack shit to do with whatever puppet sits in the White House or the Fed
you almost explained it right though

>> No.17486969

>>17486422
feels terrible but also nice because suckers are losing millions

>> No.17487032

>>17484087
>buy high sell low

Checks out. You done well son.

>> No.17487045

>>17472479
It's time to invest in Inverse ETF. FInally.

>> No.17487046

>>17472912
McDonalds stock is actually recession proof. It’s one thing Americans won’t let collapse under any circumstance.

>> No.17487047

>>17486954
I’m just gonna buy a farmland in Wyoming/Kansas or something. I would escape the worst effects of this, right?

>> No.17487055
File: 41 KB, 371x532, 1581815080119.jpg [View same] [iqdb] [saucenao] [google]
17487055

Who else is fucking pumped of these dips? Got almost 30% cash waiting to buy this shit.

>> No.17487103

>>17487047
until some violent gang comes along, murders and rapes you and your family and loots your land, or at the very least makes you their slave if you're lucky
honestly, if I were you I'd get to a tropical equatorial rainforest asap

>> No.17487104

>>17487055
I’m hoping Tesla crashes hard and I can buy a few shares.

>> No.17487105

already in g fund

>> No.17487117

>>17487104
why buy a company that has yet to turn a profit?

>> No.17487120
File: 57 KB, 1024x664, 6367333E-07EF-4B72-A305-01281485F680.jpg [View same] [iqdb] [saucenao] [google]
17487120

>>17487055
>not waiting for it to go below 15,000

You’re in for a long ride

>> No.17487137

>>17472479
First 2 cases hit MEXICO!!!!!!!!
IT IS HERE!!!!!!! Thats how Korea started!!!

>> No.17487143

>>17472664
It's not bottom so no

>> No.17487159

>>17487055
Me. But how much will it dip though? Will it go back down to 2009 levels, or is it already levelling out?

>> No.17487180

>>17487055
did you niggers not live through 09? holy shit

>> No.17487205

>>17487159
listen to this anon>>17486954

>> No.17487235

>>17487117
It’s a gamble. But it can pay off YUGE. Amazon didn’t turn a profit for YEARS anon when it first started. Look at where it is now.

>> No.17487249

>>17472912
That's because you don't understand that fictitious capital created from speculation has to be supported by the real economy in terms of production & distribution.
An epidemic of disease is one of the fastest possible ways to get huge sectors of production temporarily shut down to prevent spread. It's about the restricted movement. No production for even a short period of time has a massive compounding effect because all economic sectors are interlinked globally in massive and fragile supply chains.

China has halted production in a big part of the country; in other places production is slowing, this means that future profit forecasts look awful, if you look at some of the drops for Q1 2020 it's insane when you consider that the global economy has already been on life support since 2008 essentially. What do you think firms do when they see a profits forecast for Q2-Q4 not even coming close to making up the shortfall in Q1? They realise that profitability is down and become even more hesitant to invest in production than before. Why the fuck do you think that firms spend all their excess capital pumping stock markets with buybacks and not investing in actual production? Because they already know the profit rates are too low.
This isn't something that can be solved with any amount of fiscal or monetary policy because it's something that stops the actual material production in the real economy. Nobody is going to fucking invest if this virus is shutting down even the ability to produce in the first place let alone realize a profit. What happens to a house of cards if the bottom row suddenly dissappears?

>> No.17487255

>>17487137
Hopefully the cartels take action and just gun down the families of the infected.

>> No.17487275

>>17487249
So in the long run is Communism the only way to go forward??

>> No.17487299

>>17487180
I was 10

>> No.17487300

I live in Manhattan and I've seen at least 10 people jump off buildings this morning and also there are new reports of a corona virus outbreak in the city and they are sealing off all the bridges and tunnels, WHAT THE FUCK DO I DO

>> No.17487326

>>17487300
>I live in Manhattan and I've seen at least 10 people jump off buildings
Based, if smug bankers.

>> No.17487333

>>17487055
>>17487180
I have 90k in cash waiting to buy. Just not sure when will be the bottom.
In this case is the best idea to drop it in parts? like 30k, if it goes lower 30k more etc?
Or hope to wait for the bottom and buy the majority of it?

>> No.17487347

>>17487333

you won't know when the bottom is in until it's too late to buy it

>> No.17487359

>>17487300
already said this in a different comment, but honestly, liquidate as much as you can and get your ass to a tropical equatorial rainforest

>> No.17487367

>>17487300
Loot watches from jumpers.

>> No.17487371

>>17487120

I dca because timing is for faggots. Yesterday was -10% sp500 which was a trigger for me so I bought some. I still got loads to buy.

>> No.17487402

>>17487180

What? Buy your way into the bottom. How long do you know this will continue? After -30% or something it will slow down you retard. Oh, I get it. You're the market timer who's lost to index the past 10 years and now you're getting your revenge. Giga cope.

>> No.17487406

>>17487347
that's why im thinking do it in parts. if you miss, you still got in super low, just not at the lowest.
Ill still do well

>> No.17487409

>>17487333
people try that during all crises, and 99.99% of them fail miserably
they buy when things have crashed 50%, thinking surely it can't crash more, then it crashes 90% more
they buy when things have crashed 80%, thinking it cannot possibly go lower, then it crashes 90% more
this is a fucking depression, you need to get the fuck out of whatever large urban area you're in to somewhere warm where food grows year round

>> No.17487438

>>17487359
>to a tropical equatorial rainforest
Any suggestions? I only have 100k.

>> No.17487442
File: 53 KB, 541x523, 1524921237739.jpg [View same] [iqdb] [saucenao] [google]
17487442

>>17487333
Read >>17487347

This is the truth. DCA when you see big enough drops. 20k for every 10% or something. Make your own plan and STICK TO IT.

>> No.17487522

>>17487438
100k USD could potentially last you the rest of your life without having to do anything, but you could of course establish yourself and make it grow
my suggestions would be Central America, Central Africa, Southeast Asia, or Northwest Australia

>> No.17487553

>>17487522
this, most people I know have made preparations for the move to central africa

>> No.17487562

>>17487522
Northeast Australia*

>> No.17487571

>>17487522
Thanks. I’ll research more into it.

>> No.17487598

>>17480609
tfw sold all my shit a month ago


thanks pol

>> No.17487613

Trump is going to announce multi trillion dollar stimulation program. Get ready boys.

>> No.17487615

>>17487275
Who said anything about Communism? I'm explaining part of Capitalism. What these elites (or kikes, whatever you want to believe the ruling class is) won't ever tell you is that profit leads investment; they instead practice the retarded synthesis of neoclassical + keynesian economics that is contemporary orthodox econ that says the opposite, that investment leads profit.

Capitalism has cycles, everyone fucking understands this, but when it comes to crisis theory these fuckers put the causality backwards because saying that investment leads profits basically implies that cycles of capital can continue infinitely and that the potential for profitability is infinite. Anyone can obviously see that isn't true; the world is finite. This leads to them coming up with a retarded explanation for crises that amounts to LITERALLY talking about "the animal spirits of investors" aka they didn't feel like it. This is a complete mystification of the real economy.

It's really fucking simple, if you have capital, you're looking to maximize profits so you will look at profit rates across all sectors and look for the best investment that has the highest chance of realizing a return with the highest profit rate. Then you will invest in the entire production process hoping to profit at the end of the cycle upon realization. If investment led profit, then there wouldn't be any reason for capital to look for the most profitable sectors because profit rates would equalize proportionally to the mass of capital invested which basically denies that competition exists. Because they have this retarded idea they have 0 explanation for the actual causal mechanism in falling profitability that leads to crisis other than their dumb animal spirits thesis.

Now if you want to get into the Crisis Theory of other economic schools; unironically Marxism has the best explanation but that's about how Capitalism works and doesn't have anything to do with what could come after. Death is my bet

>> No.17487634
File: 63 KB, 618x849, thik.jpg [View same] [iqdb] [saucenao] [google]
17487634

>>17487402
keep buying you dumb nigger. buy right now. im gonna cap this for later reference when i laugh at you.

>> No.17487640

so should i buy the dip

>> No.17487657

>>17487613
might as well declare usd monopoly money. niggerbucks of zimbabwe

>> No.17487696

>>17487613
Reminder that fed has already pumped at least trillion DURING Trumps term.

>> No.17487726

>>17487615
If one wants to learn about economics, they should stop listening to the shills that work for the (((elites))) and instead look into someone like Anwar Shaikh who has books constructing an economic framework that relies on none of the presuppositions of any school and reflects upon all Schools from Classical to Marxian. You will need at least some education in Math & Statistics but he has whole courses on youtube recorded where he's taught classes his book that explains things in very concise ways. You don't need to know any technical stuff apart from maybe taking an intro to Econ class.

His history of political economy class
https://www.youtube.com/playlist?list=PLTMFx0t8kDzc72vtNWeTP05x6WYiDgEx7

His class on his book
https://www.youtube.com/playlist?list=PLB1uqxcCESK6B1juh_wnKoxftZCcqA1go

>> No.17487729

>>17487657
Every country has USD reserves as it’s the reserved currency. There’re never too many USDs.

>> No.17487819

>>17487729
china and russia have been reducing their foreign reserves of USD

>> No.17487845

>>17487726
>interesting
what do u think about ha joon chang anon

>> No.17487868

>>17483675
wtf happened to him? electrocuted? he didn't touch anything

>> No.17487885

>>17487402
Well I've ignored "bUy Da DiP!!" posters for 4 days now and I'm much better off for it. I will continue to wait to start buying until I am satisfied with the prices.

>> No.17487900

>>17487845
He's a great redpill for people just starting to learn about capitalism, 23 things + Bad Samaritans are good introductory reads for people.

>> No.17487936
File: 183 KB, 236x455, 1582739436093.png [View same] [iqdb] [saucenao] [google]
17487936

>>17474155
Hi Josh

>> No.17487974
File: 325 KB, 700x901, 1579166872304.png [View same] [iqdb] [saucenao] [google]
17487974

>>17486579
it's just a flu bro

>> No.17487978
File: 9 KB, 229x220, bb.jfif.jpg [View same] [iqdb] [saucenao] [google]
17487978

oh look at that

>> No.17488025

Should I move my 401k to bonds or just hold onto mixed domestic stocks?

I'm noob pls no bully

>> No.17488072

>>17488025
bonds

>> No.17488079

>>17488025
if you're a noob.
1) read and learn
2) don't take advice from 4chan
3) don't stress out like you're doing now

>> No.17488109

>>17488025
just leave it alone

>> No.17488129

>>17488025
move to microcap shittokens

>> No.17488135

>>17487974
>Flu
>Not the nature of the capitalist system

>> No.17488141

>>17488025
>>17488079
What this poster said. Stress will cause you to make rash decisions without informing yourself first. I could go all doomer and tell you that the recession is coming (because it is), but you're not going to get through it by making snap decisions, you will just get fucked by bigger players

>> No.17488220

>>17488141
how bad do you think this recession will be? will it top 08? is this gonna be the 'big one'??

>> No.17488249

>>17488025
NEVER sell ya fag.
Investing is like the casino. You only invest what you can AFFORD TO LOSE. If you make 100k a year, you can put 5-10k away every year in high dividend stocks etc. You never even have to look at it.
Buy more every year within that budget. Over time you will have the dividend yield and the stock value increase as well, and if things are down, oh well that was your casino fun money.
At times like this, you are just going to buy more within your budget and accumulate more because things are costing less. If you do this for 25 years you will end up a millionaire having never actually sold anything.
Its a bit more complex than that, but basically if you only invest money you don't care about losing, you will never panic sell and just accumulate. Its how the jews always win.

>> No.17488318

>>17488220
Nobody knows, but that recession was for real because of the loans and people giving out bad loans and faking them. This one MIGHT be bad, but if it's just l like SARS it will blow over in a year and youll be rich if you bought the dip.
If it mutates and lasts 20 years and 5% of the world dies, yeah that's an issue.
Buy smart. Keep savings and buy when things are low.

>> No.17488323

>>17488249
this is usually true, but this market is full of hot jewish air

>> No.17488339

>>17488249
what if you sell to buy leveraged short etfs?

>> No.17488372

Why is Tesla down like 50 %? They're a tech company, they'll own the moon in 10 years!!!

>> No.17488383

>>17472479
Oy vey, very bad, please everyone sell! sell now! you'll feel much better to take a small loss now and not a huge one later, very sad that would be

>> No.17488415

>>17488318
>If it's just like SARS
It's already many times worse than SARS. Yep I'm thinking we're headed for hibernation in the bear cave.

>> No.17488431

>>17488339
Too risky4me but do what you want. I have a normal job that pays well so investing for me is low IQ. buy when cheap, only get things with a dividend kind of deal. I am a leaf so I basically max my TFSA every year as a DRIP and have another account for surplus money

>> No.17488475
File: 140 KB, 1272x1264, e6c31ceea9af5940325278f4b43e4ebd-imagepng.png [View same] [iqdb] [saucenao] [google]
17488475

>>17488220
Nobody knows if it's going to be the "big one" or really what the big one is, the final crisis that leads to something new won't be understood until after it's happened. The Global economy never recovered from 08, we've been in a stagnation period since then and we only survived 08 because China kept profit rates high through insane state spending on a scale that has never been seen before to weather the storm. This is going to be big. See pic related for a short list of the state of the economy right now. If you want some light reading you might want to check out blogs like thenextrecession or theplanningmotive. They are Marxists but they're Marxists who are obsessed with Crises and don't bullshit with fairytales about how everything is fine. They're very good at keeping up with contemporary events in economics

>> No.17488487

>>17488372
>Why is Tesla down like 50 %
because its a company selling hype.
here we had this great weed race where weed stocks were going up 600% in a month and everyone was buying the hype despite many of these companies producing 0 weed at the time.
Companies and aurora and canopy growth actually produced products and made profits and were the only ones that lasted although they are down now as well because the government is retarded.

>> No.17488516

>>17474205
LARPing faggot

>> No.17488524

>>17488475
thanks anon, ill check out those links. whats your opinion on MMT? it seems like bullshit to me. they would just say none of these bubbles matter, just keep deficit spending and cover all the losses. doesn't make any sense.

>> No.17488538
File: 878 KB, 1029x4529, 4763a84e44ce189ff4b00241ed4680c90998a363.jpg [View same] [iqdb] [saucenao] [google]
17488538

>>17488475
Here's the "Everything bubble" chart. This doesn't mean that all of these will burst, it just means that the propensity is higher because any one of them could burst and there could be knock on effects which cause others too. Of course, right now based Coronachan is the speculated cause.

>> No.17488632

>>17488538
did you mean to post this picture?

>> No.17488746
File: 1.54 MB, 1000x3152, The Everything Bubble Infograph.png [View same] [iqdb] [saucenao] [google]
17488746

>>17488524
It's complete bullshit you're correct. Anyone who uses common sense can see that it's bullshit. It's just reheated Keynesianism which caused the crises of the 70s. Quantitative Easing is basically a form of MMT (they admit this, they say MMT explains how the economy works right now) and it has done fucking nothing.

The only countries that can actually benefit from MMT are countries like the US and they can only do so because they can run up massive deficit spending because so many other countries own their bonds & currencies in reserve, in addition to the petrodollar.

Japan tried to use MMT and it hasn't worked. Japan is important because they're basically already in recession again, and after their crash in the 90s they were in the same stagnation period the rest of us are in now. If you want to look to the future, Japan is a good indicator because they have more advanced problems than the rest of us (even regarding /pol/s favourite bugbears like the great replacement; what people don't tell you about that is that the actual concern isn't white children but the rate of workforce participation; looking after old people is the biggest growing industry in the world)

Michael Roberts, who is the guy who writes https://thenextrecession.wordpress.com/ absolutely hates MMT and has a big series of articles shitting on MMT (and also one recently about Japan: https://thenextrecession.wordpress.com/2020/02/19/japan-abenomics-revisited/))

Just search on his site for his MMT articles. You can find critiques of it everywhere. Long story short once you absord the excess demand with massive spending to ensure full employment, you might temporarily boost the economy but when everyone is employed there is a huge upward pressure on wages and other countervailing tendencies.There are also some good videos like the one by this guy:
https://www.youtube.com/watch?v=UW5QAUGQd08

>>17488632
No my bad lmao I'm retarded the thumbnails look similar, pic related is the real one

>> No.17488861
File: 123 KB, 1024x1024, xQ4E8C9.jpg [View same] [iqdb] [saucenao] [google]
17488861

>>17488746
thanks again anon

>> No.17488904

>>17488861
No worries when there is a happening you gotta try and spread the gospel becuase the bastards at the top are going to try and cut and run. The only thing we can do is increase our consciousness and prepare by educating each other and showing solidarity. It's going to be the mass of people who have to do the hard work to emancipate themselves from this bullshit and the ruling class are going to try and fuck us every step of the way

>> No.17489396

>>17488904
god damn I've always overheard some talk about the next crash but never paid it any attention. and i'm about to sign up for a mortgage near paris.

>> No.17489435

>>17473225
Shut up

>> No.17489471

>>17475120
You have no idea how money works do you?

>> No.17489485

>>17489396
Well lad Paris is where it's all kicking off right now in the West so maybe you can join up with them there. You've probably heard of the yellow vests but near the end of 2019 that movement had been eclipsed by an even bigger section of the French People who have essentially been on a general strike over pension reforms. Lots of working people standing up for themselves, and naturally there's a nice media blackout on that.

>> No.17489526

>>17478619
This is just poorfag cope. Because you were too retarded to hedge against inflation everyone else should suffer. Stop being a commie faggot and make better decisions.

>> No.17489540

>>17478984
Delusion.

>> No.17489548

Hedge with $nCoV

>> No.17489553

>>17479506
So is the US Dollar.

>> No.17489599

>>17489485
yeah I couldn't go to work for nearly a month because of the public transport strike. Thankfully I work in IT so I could work from home but a lot of businesses in paris region suffered because of that.
it's getting better though for the past weeks I haven't noticed any strikes.
god damn I can't even imagine a recession or layoffs in the coming years just when im about to get settled and buy an appartment

>> No.17489644

>>17489526
Yeah keep talking about how much all us "poorfags" are coping whilst you sit

>>17489599
You're in France already lad? In that case you know more about it than me lmao. Yeah a lot of my friends are shook because they think they're going to lose their jobs and desu some of them will, it's a downward spiral with waves of layoffs. Interesting times ahead stay strong lad

>> No.17489662

>>17489644
>>17489526
on your ass playing castle like you're not gonna be just as fucked as the rest of us

>> No.17489700

>>17472479
how feasible would it be to take a loan right now?

>> No.17489738

>>17487249
>>17487615
>>17487726
thanks for these excellent posts, will check out your links

>> No.17489823

>>17489644
yea lived in france my whole life. all of this is frightening but I will still buy an appartment because I believe the value of land can't get lower given the high concentration of people near paris (and I intend to live there)
Hopefully i sold what i had in the CAC40 a few months ago.
Anyway it's interesting times indeed and I thank you for your advices

>> No.17490210

>>17487046
How long til it becomes the new gold?

>> No.17490400

>>17489738
Cheers lad, you might also be interested in some of the others. Honestly Shaikh & his contemporaries really helped me start to understand economics and I wouldn't even consider myself a Communist. In my view, Smith, Ricardo + Marx all have a throughline as the canon of the discipline of Classical Economics and the reason why Marx gets denounced is because he fully developed the conclusions of Smith & Ricardo into the practical reality of politics. It's not even a conspiracy that after Smith & Ricardo, every other economists backpedalled to defend the emerging ruling class because it's simple material interest; they were getting their cheques written by those people. What you have now is just an evolution of that, an entire system of sycophants who speak a lot but never actually say anything.

Ricardo made 1 major change to Adam Smiths Labour Theory of Value, Marx then just slightly expanded Ricardo's definition. It's never been debunked, has tons of empirical evidence behind it and makes perfect coherent sense if you bother to understand it. Smith & Ricardo saw this unfolding in real time in the earlier developments of the Capitalist Mode of Production and based their theories on the real economy as it actually exists not some bullshit desert island idealism. Paul Cockshott is good on this, he has a youtube channel and a few good books that actually explain things in practical terms with empirical evidence, including the LTV.

I'm a pretty dumb guy who left school at 16 and worked shitty jobs and I can understand this shit if it's just explained in plain english.

>> No.17490527

>>17490400
so marx was right about everything expect their name? not the bourgeoisie but the kikes?

>> No.17490627

>>17490527
You know Marx wrote a book about the Jewish Question right? He himself was anti-semetic because that was just a pretty common attitude at the time, but he formed an actual analysis of why the Jews are seen like that. It's true that there are Jewish segments of the Bourgeoisie, but the Class itself transcends that, the mechanisms of Capitalist, just like with Fuedalism or Slave societies beyond that are the dominant factor. Honestly in my view, which might not be popular around some parts is that reducing everything to the Kikes is a form of cope that actively stops you from understanding reality and so it ends up cucking you. One can hate jews as much as they like but if they spend all their time hyperfocused on that they're leaving themselves vulnerable by people who wish to mislead them away from truth. Why do you think the entire far-right regularly collaborates with Israel? Because they want the same thing, the White Porkies + the Kike Porkies

>> No.17490675

>>17472699
Greggory mannarino on YouTube. He does an analysis on this DAILY! check it out.

>> No.17490737

>>17472479
Jusst sold everything at a 3% loss after being up 20% a week ago

Fuck this gay earth